Joule Assets Inc., a provider of financing for power-reduction projects, created a $100 million fund for institutional investors to back projects that generate revenue by reducing electricity consumption.
An Arizona voter-approved law that decriminalizes the possession and sale of marijuana for medical uses isn’t pre-empted by the federal Controlled Substances Act and therefore isn’t unconstitutional, a state judge said.
New Zealand’s economy expanded more than forecast in the second quarter from a year earlier as increased construction activity offset the drag from the worst drought in 30 years, sending the nation’s currency higher.
Julia Gillard staged a political coup in June 2010 to become Australia’s prime minister and clung to power two months later, assembling a one-seat majority after the closest election since 1940. Her biggest leadership test may come next week.