At Volkswagen AG, it gets you promoted. Until his arrest on Monday, Audi chief executive Rupert Stadler had defied any prediction that he might carry the can for the diesel cheating that took place while he was boss. Stadler, who became CEO of the VW unit in 2007, was elevated to a new role overseeing sales across the Volkswagen group as recently as April.
Chevron's venture capital arm launched on Tuesday its third fund to invest in renewable energy technologies with a $500 million commitment, as oil majors look to diversify their business in the face of pressure to reduce their emissions. Like the previous two funds, the Future Energy Fund III will focus on innovations in industrial decarbonization, emerging mobility, energy decentralization and the growing circular carbon economy, Chevron Technology Ventures said. It added that the new fund also aims to expand investment in the areas of novel low carbon fuels, advanced materials and transforming carbon to higher value products.
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of April 2024, representing US$0.59 per REIT unit on an annual basis. Payment will be made on or about May 15, 2024 to unitholders of record as of the close of business on April 30, 2024. Distributions paid to
Blood, glasses and a broken hammer found on Oklahoma highway after two women went missing, according to court documents obtained by The Independent
Veronica Butler and friend Jilian Kelley were allegedly ambushed at a rural crossroads
‘The profile of attitudes that each side is looking for is very different than it would be in virtually any other kind of criminal trial,’ trial jury consultant tells Gustaf Kilander
NEW YORK — Mayor Eric Adams’ legal defense trust has spent more than $743,000 on lawyer fees so far and recently hired onetime mayoral hopeful Bo Dietl’s private detective firm to vet donations to the fund, new filings reveal. The trust, which Adams launched in November to cover costs associated with the FBI’s investigation into his 2021 campaign’s finances and alleged ties to the Turkish ...
Two members claimed they were going on a ‘mission’ before Veronica Butler and Jilian Kelley vanished
Long on positive commitments...short on timely implementationOttawa, April 16, 2024 (GLOBE NEWSWIRE) -- The Royal Canadian Legion is encouraged by crucial financial and conceptual commitments in the 2024 federal budget as they relate to veterans and defence, yet alarmed by the lack of ready-to-go plans and actions to immediately tackle ongoing issues affecting still serving and retired Canadian Armed Forces (CAF) members. “Details are sketchy,” says Bruce Julian, Dominion President. “We are at a
Noble Corporation (NE) CEO and President Robert Eifler joins Yahoo Finance to discuss the outlook for his company as energy stocks lead market gains in 2024. Eifler emphasizes that Noble Corporation's long-term activity is "driven by oil price" (CL=F, BZ=F), stating that the company is "a long-term business" where its customers create "decade-long plans" when it comes to offshore drilling. Due to this, he says that short-term oil price movements have little to no effect on the company's operations. Eifler notes that the current market dynamics "are in really good shape," setting the company up for "several years of spending" among its customers. He explains that during the "shale boom", a backlog for the company's services was created due to an increase in offshore drilling demand as consumers turned to "longer-term planning," which has driven activity in the post-COVID period. "I like to keep people focused on where we've come from and where we're headed," Eifler told Yahoo Finance, adding, "which is a tremendous ramp-up in our services— and obviously that's coming through in rising EBITDA year-over-year." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith
"Ancora's proposed strategy for Norfolk Southern is "not fit for purpose" and the election of Ancora's proposed directors will derail the safety and service improvements that are currently underway at Norfolk Southern," the American Federation of Labor and Congress of Industrial Organizations said in a letter. Ancora, in February, proposed the replacement of Norfolk Southern's top management, including its CEO, and nominated eight directors to the railroad operator's board in response to the company's negligence leading to a 2023 train derailment in East Palestine, Ohio.
The king of clay is back.
Billy Slater and wife Nicole have helped mentor Ryan Papenhuyzen. Read more here.
With first quarter earnings due next week for Meta, some analysts are setting target prices above 600.
Milwaukee Brewers outfielder Christian Yelich has gone on the 10-day injured list with a lower back strain. Yelich's last appearance came in an 11-1 victory over the Baltimore Orioles on Friday. Milwaukee recalled utilityman Owen Miller from Triple-A Nashville to fill Yelich’s spot on the roster.
Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome Powell, and will likely go into Wednesday's trading with their guard up. "The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said in Washington, a signal to the world that inflation is not coming down towards the central bank's 2% target as quickly as expected and so interest rates will have to stay higher for longer. 'Higher for longer' would also seem to apply to the U.S. dollar, Treasury bond yields and financial conditions indexes - a sub-optimal mix for Asian assets, which are already feeling the heat.
Canada will provide up to C$5 billion ($3.6 billion) in loan guarantees to help Indigenous groups invest in natural resource projects, the Liberal government said in its annual budget on Tuesday. The program could give the groups major investment opportunities, from the government-owned Trans Mountain oil pipeline to TC Energy's Coastal GasLink pipeline, power lines and wind and solar projects. "That's going to be an absolute game-changer for Indigenous companies and communities that are trying to get involved in the renewable electricity sector," said Fernando Melo, federal director of the Canadian Renewable Energy Association.
CHICAGO, April 16, 2024--Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared a quarterly cash dividend of $0.75 per share on its common stock ($1.66-2/3 par value), payable on July 1, 2024, to holders of record at 5:00 p.m., Chicago time, on June 7, 2024.
SASKATOON, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “GFG Finalizes WWCC Property Acquisition East of the Prolific Timmins Gold
Investors in Asia hoping for some relief from surging U.S. bond yields and a rampant dollar would have been deflated by remarks on Tuesday from Federal Reserve Chair Jerome Powell, and will likely go into Wednesday's trading with their guard up. "The recent data have clearly not given us greater confidence and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said in Washington, a signal to the world that inflation is not coming down towards the central bank's 2% target as quickly as expected and so interest rates will have to stay higher for longer. 'Higher for longer' would also seem to apply to the U.S. dollar, Treasury bond yields and financial conditions indexes - a sub-optimal mix for Asian assets, which are already feeling the heat.
Tesla (TSLA) CEO Elon Musk has turned his attention to the latest endeavor for the EV company: robotaxis. After the heavy criticisms lobbed toward Tesla's own full self-driving features and other automakers' robotaxi fleets is this the right move for the electric vehicle innovator? Edge Case Research CEO Michael Wagner — whose risk management specializes in autonomous driving adoption — explains that the technology is "not yet good enough to operate everywhere" based on many variables and is curious to see how Tesla has its self-driving data "calibrated" to account for safety. "What I would really love to see in that kind of an event is what's called a safety case, which is a structured argument for why the technology is ready to go out on the road. We have standards that are written like UL 4600 that they could use to be able to argue that very effectively to the public and to regulators," Wagner says to Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.
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