Scaling solar: Exus Renewables North America has acquired development rights from German company ib vogt for four solar projects totaling 715 megawatts, including two projects in Louisiana totaling 405 megawatts. The projects are in areas with rising electricity demand from data centers and advanced manufacturing and are designed to include utility-scale battery storage. Exus is negotiating power supply agreements with major technology companies and utilities as it moves the projects toward development. The Center Square has the full story.
Employment holds: U.S. initial jobless claims fell by 1,000 to 197,000 last week, while continuing claims dropped to 1.7 million, the lowest level since March 2023. The figures suggest employers remain reluctant to cut workers even as hiring slows. The September jobs report is expected to show unemployment holding at 4.1% and payrolls increasing by about 85,000. Bloomberg has the full story.
Shelves meet AI: Walmart is rolling out three digital shelf-label tools, Shop to Light, Pick to Light and Stock to Light, to help customers find products and associates fulfill orders and restock shelves more efficiently. The features, which use AI and digital technology to save time, will be available across the company by the holiday season. The push is part of a broader technology strategy focused on improving convenience and productivity while maintaining human oversight amid concerns about dynamic pricing and customer privacy. CNBC has the full story.
