[ad_1] Open this photo in gallery:A worker stands on a steam-assisted gravity drainage pad at Cenovus’ Sunrise oil facility northeast of Fort McMurray, Alta., on Aug. 31, 2023.Victor R. Caivano/The Associated PressWhen the chief executives of most of Canada’s major oil-and-gas companies sent an open letter to federal party leaders this week, calling for a sweeping reduction of regulatory obstacles, they made passing reference to the technology on which they’ve long pinned their sustainability hopes.“Canada’s oil sands industry has been investing heavily in research and regulatory approvals to develop new carbon capture and storage [CCS] projects that have the potential…
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[ad_1] NEW YORK — Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak.The S&P 500 edged up 0.1%. The index finished with a 0.5% gain for the week. It’s still down 4.8% so far this month.The Dow Jones Industrial Average eked out a 0.1% gain, while the Nasdaq composite rose 0.5%. Technology stocks, which had been the heaviest weights on the market in the early going, bounced back to offset a big share of the declines elsewhere in the S&P 500. The sector has been at the center of much of the…
[ad_1] The StubHub logo is seen in a former store in New York City on April 18, 2024.Michael M. Santiago | Getty ImagesStubHub, an online marketplace for reselling tickets, on Friday filed to go public on the New York Stock Exchange under the ticker symbol “STUB.”In its prospectus for an initial public offering, the company said it had a net loss of $2.8 million on revenue of $1.77 billion for 2024, compared with a $405 million profit on $1.37 billion in revenue for 2023.StubHub has been a longtime player in the ticketing industry since its launch in 2000. It was…
[ad_1] Nanjangud: Demanding the loan instalment be paid immediately on the spot, a representative of a private finance company allegedly assaulted a woman and her son at Chamalapura Hundi in Nanjangud. Those who were assaulted are 52-year-old Chennajamma and her son Chandru. They have been admitted to a hospital for treatment. It is learnt that Chennajamma had taken a loan of Rs. 50,000 from Fin Care Small Finance Company and was paying the monthly instalment of Rs. 2,700 regularly. On Wednesday, the day Chennajamma was to pay the instalment, finance company representative Nagamallappa, who came near her house, demanded Chennajamma…
[ad_1] Amazon will let companies that have adopted comprehensive emissions reduction goals buy “high integrity” carbon credits generated by carbon removal projects already backed by the $638 billion e-commerce and cloud services company. The new strategy, announced March 19, applies only to companies cutting greenhouse gas emissions across all three categories: Scope 1 (their own operations), Scope 2 (purchased electricity) and Scope 3 (indirect sources across their supply chain). It’s also available to the 550 signatories of the Climate Pledge, i.e., companies aiming to achieve net-zero status by 2040. Companies that have already signed up include photo service Flickr, real…
[ad_1] Traders work on the floor at the New York Stock Exchange in New York City, U.S., March 21, 2025.Jeenah Moon | ReutersThe S&P 500 inched higher on Friday, ending four consecutive weeks of declines that were brought on by trade policy turmoil, recession fears and a rollover in megacap tech shares.The S&P 500 added 0.08%, rising into positive territory as the trading session drew to a close. The broad market index ended the day at 5,667.56. The Nasdaq Composite gained 0.52% and ended at 17,784.05, while the Dow Jones Industrial Average advanced 32.03 points, or 0.08%, to close at…
[ad_1] (Bloomberg) — Stephen Moore, an informal economic adviser to President Donald Trump, floated eliminating the federal tax subsidy for municipal bonds, a concerning sign for the market where states and cities raise debt. Most Read from Bloomberg Local governments, as well as bankers and investors, have been worried that the key feature of the public finance market could be at risk as Republicans search for ways to raise money to extend 2017 tax cuts. Muni bonds pay interest that’s exempt from federal taxes, costing the government roughly $40 billion each year. The subsidy is one of the top federal…
[ad_1] President Donald Trump has signed an executive order to ramp up U.S. production of critical minerals. The order uses emergency powers under the Defense Production Act to increase financing, streamline permits, and encourage domestic mining and processing of minerals vital for national security and economic growth. The goal is to cut down on dependence on foreign suppliers, especially China. China leads the global supply chain for key minerals. The order has raised worries about its effect on the environment and how it matches climate goals. What Are The Key Aspects of the Executive Order? Defense Production Act for Critical…
[ad_1] Calgary, Alberta–(Newsfile Corp. – March 21, 2025) – Alpha Exploration Ltd. (TSXV: ALEX) (“Alpha or the “Corporation”) is pleased to announce a non-brokered private placement financing of units (“Units”) at a price of C$0.70 per Unit (the “Offering Price”) for up to 8,571,428 Units and for aggregate gross proceeds of up to C$6 million (the “Private Placement”). Each Unit is comprised of one ordinary share (each, a “Share”) of the Corporation and one-half of one ordinary share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will entitle the holder to acquire one additional Share (a “Warrant Share”)…
[ad_1] Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets : It was shaping up to be another ugly day in the market, but stocks moved off their session lows after President Donald Trump said his tariff plan would have “flexibility.” We don’t exactly know what “flexibility” means ahead of the April 2 reciprocal tariffs. But, the market took this less harsh update as good news because it may leave the door open for exemptions and maybe even a more…