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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Current price of oil as of June 23, 2026
Environmentwildfires

Xcel Energy is cutting power to 55,000 Colorado customers rather than risk sparking another wildfire

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April 6, 2024, 5:50 PM ET
Xcel Energy acknowledged its equipment was likely involved in igniting the worst wildfire in Texas history, but refuted allegations it had acted negligently.
Xcel Energy acknowledged its equipment was likely involved in igniting the worst wildfire in Texas history, but refuted allegations it had acted negligently. Ben Brewer/Bloomberg via Getty Images
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Xcel Energy said it will cut power to about 55,000 customers in Colorado due to high winds that could topple its power lines and spark wildfires.

The state’s largest utility said customers in Boulder County and some near Denver will lose power starting at 3 p.m. local time Saturday and lasting until at least noon Sunday, according to a statement.

The National Weather Service has issued a red flag warning through Sunday for parts of the Denver area with expected wind gusts reaching 90 miles (145 kilometers) per hour during dry conditions.

“With the exceptionally high winds associated with this weather event, damage to electrical equipment and power outages may occur,” Xcel said in its statement.

Xcel was found partially responsible for sparking the wind-driven Marshall Fire in 2021 that razed more than 1,000 homes in the suburbs of Boulder. Recently, the utility acknowledged that its broken power pole started the worst wildfire in Texas history.

Read more: Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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