Altra's software helps manage natural gas transactions.
That company was the El Paso Corporation of Houston, the country's largest pipeline company, according to officials involved in reviewing natural gas transactions in northwestern New Mexico.
Reliant Resources delayed its fourth-quarter earnings report today and said that it would restate last year's results after mistakes it made in accounting for electricity and natural gas transactions.
Dynegy, already under scrutiny for power trading in California, said today that Securities and Exchange Commission investigators were seeking a formal inquiry into natural gas transactions that inflated how much cash the company generated from operations.
However, instead of targeting a single vertical, Angel.ai claims to be able to process conversational requests across 40-plus commercial domains out of the box, providing businesses with an off-the-shelf solution to facilitate natural language-powered transactions.
The drugs market, by contrast, slips through the law's fingers because of the natural density of drug transactions.
The Duke Energy Corporation and the El Paso Corporation said today that they had received subpoenas for trading records from authorities looking into sham transactions in natural gas and electricity.
[C5.] Subpoenas for 2 Energy Traders Duke Energy and El Paso said that they had received subpoenas for trading records from authorities looking into sham transactions in natural gas and electricity.
FinCEN said the information gathered in the GTOs would advance law enforcement's ability to identify the "natural persons" involved in transactions "vulnerable to abuse for money laundering" and make it easier to secure money-laundering convictions.
Alice Schroeder, an analyst at Morgan Stanley, estimated additional losses of as much as $2 billion for insurers who promised to make good on Enron's transactions involving natural gas and other commodities.
