Chicago’s Response To Migrants Frustrates Some Black Residents
Chicago has spent more than $300 million to handle an influx of South American migrants. Some Black residents wonder why their needs haven’t been given the same urgency while others hear echoes of past bigotry.
Billionaire Credit Investor Unveils Warren Buffett's Strategy As Part Of Why He Takes Risks (updated)
Howard Marks uses chess to explain investment strategies, citing the power of sacrifice in both. He emphasizes the importance of risk for potential returns. read more.
Former Hgtv Star Slapped With $10M Fine And Jail Time For Real Estate Fraud
An investor found a property "to be a burnt-down shell with no work done on it.": Back when mortgage rates and home prices were more reasonable and manageable, homeowners invested in fixer-upper properties and made them their own. Now these types of projects aren't as popular. But in the early-to-mid-2010s, HGTV shows including Fixer Upper, Love It or List It, and Flip It to Win It were all the rage as viewers binge-watched dilapidated homes transform into dream properties. But as it turns out, one former HGTV star's house-flipping show was masking major real estate fraud.
Corner Therapeutics Banks $54M Series A Funding
WATERTOWN, MA, Corner Therapeutics, an immunotherapy company pioneering novel vaccines, announced that it has raised $54 million.
E.p.a. Will Make Polluters Pay To Clean Up Two Pfas Compounds - The New York Times
The step follows an extraordinary move that requires utilities to reduce the levels of carcinogenic PFAS compounds in drinking water to near-zero.
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for May delivery rose 41 cents to $83.14 per barrel Friday. : Benchmark U.S. crude oil for May delivery rose 41 cents to $83.14 per barrel Friday. Brent crude for June delivery rose 18 cents to $87.29 per barrel. Wholesale gasoline for May delivery was unchanged at $2.71 a gallon. May heating oil rose 1 cent $2.54 a gallon. May natural gas fell 1 cent to $1.75 per 1,000 cubic feet. Gold for June delivery rose $15.80 to $2,413.80 per ounce.
Startups Raise $331M For Flying Taxi Airports And More
Four travel startups have raised more than $100 million each over the past two weeks. -Justin Dawes. : Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news. Last week was the second-biggest this year for travel startup funding. And this week's total, $331 million, makes it the third-biggest this year. The largest fundraise this week was by expense-management platform Ramp, which has now raised $450 million over the past eight months alone.
Australian Energy Regulator Admits To Serious Concerns Over Time-of-use Tariffs - Abc News
For decades a backer of so-called cost reflective power pricing, the Australian Energy Regulator has acknowledged major problems with the roll-out of complex tariffs.
Us Doe Releases Strategy To Connect Renewable Energy To Grid
The Transmission Interconnection Roadmap sets targets by 2030 concerning project approval time, costs and completion rates. : The United States Department of Energy (DOE) has unveiled what it said is the country's first-ever roadmap for fast-tracking the connection of renewable energy to the national power grid, in an effort to help achieve the goal of migrating the U.S. to 100 percent clean electricity by 2035. Nearly 12,000 power projects representing 1,570 gigawatts of generation capacity are seeking interconnection to the grid, according to a report by the government-run Lawrence Berkeley National Laboratory (LBL) earlier this month.
Reconafrica To Drill Namibia Asset In June
The company is targeting 163 million barrels of unrisked prospective oil resources. : Vancouver-based Reconnaissance Energy Africa Ltd (ReconAfrica) has begun operations to drill in Petroleum Exploration Licence 73 (PEL73) onshore Namibia. The company has started major civil works for building access roads to the Naingopo exploration well site in the Damara Fold Belt, it said in a news release Thursday. The company expects to begin drilling the first Damara Fold Belt exploration well, Naingopo (Prospect L), in June. It is targeting 163 million barrels of unrisked prospective oil resources, or 843 billion cubic feet of unrisked prospective natural gas resources.
Bcat: Attractive Discount And Activist Pressure Heating Up (nyse:bcat)
BlackRock Capital Allocation Term Trust (NYSE:BCAT) is a closed-end fund that provides investors exposure to a diversified portfolio. The CEF invests in both fixed income and equities as a multi-asset fund, and the managers have the flexibility to invest where and how they want based on their outlook. The generally popular Rick Rieder heads this fund. As market volatility has heated up more recently, so has the fund's discount. Saba Capital remains heavily engaged with this fund as well and has become even more aggressive.