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ANZ moves to grab Suncorp's home loan market share

ANZ has confirmed it is set to purchase Suncorp Bank for $4.9 billion, a move that will boost its retail and commercial book and build its presence in Queensland’s hot market. ....

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Colonial Pipeline Has Been a Lucrative Cash Cow for Many Years - Governors' Wind Energy Coalition


Governors Wind Energy Coalition
Colonial Pipeline Has Been a Lucrative Cash Cow for Many Years
Source: By Gerson Freitas Jr, Javier Blas and David Wethe, Bloomberg • Posted: Sunday, May 16, 2021
The U.S. company that just paid a $5 million ransom to East European hackers has been quietly making hundreds of millions of dollars a year providing a vital service with little competition and a safety record that has raised concerns.
Colonial Pipeline, based in the Atlanta suburb of Alpharetta, Georgia, operates the largest fuel pipeline in the country, transporting more than 100 million gallons a day from Houston to New York City, half the region’s needs. ....

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Koch Family and Some Foreign Pensions Control Colonial Pipeline


Koch Family and Some Foreign Pensions Control Colonial Pipeline
Posted on 05/12/2021
Colonial Pipeline is the operator of the biggest gasoline pipeline in the U.S. Colonial Pipeline ceased operations after a ransomware attack. Gas shortages have spread from Baltimore to Florida. North Carolina has been the state hardest-hit by fuel shortages.
With gas fuel shortages plaguing the Eastern U.S. states, Colonial Pipeline reportedly has no plans to pay rumored US$ 5 million-plus ransom to hackers who have paralyzed the key gas pipeline. U.S. President Joe Biden vows to get the fuel crisis “under control” with pressure mounting on his administration to do more. “I think this is something that demands really serious federal attention. This was essentially a cyberattack on critical infrastructure in our country,” Florida Governor Ron DeSantis said to the media. ....

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