American States Water Co. reported an 18 percent decline in first-quarter profit as revenue from its contracted services unit that operates water and wastewater systems on U.S. military bases dropped almost a third.
President Barack Obama used a stop at Fort Bliss, Texas, today to remind voters that he kept his vow to end the war in Iraq and wind down the conflict in Afghanistan, while promising veterans they won’t be forgotten.
Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.
El Paso, Texas, the second-largest U.S. city without a professional sports team, is borrowing $53 million with yields at record lows as it joins municipalities nationwide betting that stadiums will rejuvenate downtowns.