March 12 (Reuters) - The U.S. Department of Energy will invest about $1.9 billion to accelerate upgrades of power grids in the country, it said on Thursday. U.S. power consumption is set to rise sharply this year and the next, driven by rapid growth in AI and cryptocurrency data centers and increased electrification of heating and transport. However, that demand...

WASHINGTON, March 12 (Reuters) - Chicago urged the Federal Aviation Administration on Thursday not to cut daily flights at the city's O'Hare International Airport below 2,800 per day, saying it would be unwarranted and would lead to significant disruption to the National Airspace System. The FAA on Feb. 27 proposed a 2,800 daily flight limit for summer flights, down from...

March 12 (Reuters) - Boeing ( BA ) has to fix ongoing problems with its KC-46 aerial refueling tanker before the United States orders more, U.S. Air Force Vice Chief of Staff Gen. John Lamontagne told lawmakers during a March 4 hearing. The general did not specify which problems could hold up a follow-on contract to the existing one for...

March 12 (Reuters) - Bloomberg has told employees based in the Gulf, including at its Dubai regional headquarters, they can temporarily relocate and work from outside the region, a spokesperson told Reuters on Thursday, as Iran carries out repeated attacks on Gulf cities. Companies across the region are trying to maintain operations and keep staff safe as conflict spreads across...