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Ameren Illinois rate hike cut by $55.8 million

1 week 1 day ago
On Wednesday, The Illinois Commerce Commission slashed Ameren Illinois’ natural gas rate request by nearly half, cutting $55.8 million from the proposed $128.8 million increase. Commissioners said the decision was made to help balance utility needs with affordability for customers.
Alex Barton

Missouri seeks federal help in pressing China for $25 billion in COVID damages

1 week 1 day ago
Missouri's attorney general has asked the State Department to notify China that the state is attempting to seize Chinese-owned properties to collect on a nearly $25 billion court judgment. The move comes after a federal judge ruled earlier this year that China hoarded personal protective equipment during the pandemic, harming Missouri. China called the lawsuit "very absurd" and did not participate in the trial. Some legal experts doubt Missouri can collect the judgment. But Missouri Attorney General Catherine Hanaway said Wednesday that she is prepared for a long process.
DAVID A. LIEB