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John Joseph Powers, Executive Vice President and General Counsel at First Busey Corp (NASDAQ:), recently disclosed a stock purchase in a regulatory filing. On July 30, Powers acquired 131.433 shares of the company’s common stock at an average price of $28.1882 per share, totaling approximately $3,704. This transaction was conducted through an Employee Stock Purchase Plan, as noted in the filing. Additionally, on October 25, Powers received 508 shares as dividend equivalent rights related to Restricted Stock Units, with no cash consideration involved. Following these transactions, Powers holds 90,447.8472 shares directly and 20,456 shares indirectly through a 401(K) & Profit…

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The European Union’s Carbon Border Adjustment Mechanism (CBAM), designed to impose a carbon tax on imports to reduce greenhouse gas emissions, is at the center of discussions regarding its potential impact on Asia’s voluntary carbon credit market and export product prices. At the Asia Climate Summit held in New Delhi on October 24, experts shared their views on CBAM’s anticipated influence on these two aspects. CBAM aims to tax imported goods based on their associated carbon emissions, applying an entry tax according to the carbon intensity of products. However, voluntary carbon credits, primarily used by companies to voluntarily offset emissions,…

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Introduction What do business development companies (BDCs) and covered call and preferred income strategies have in common? Most obviously, they all offer dividend yields well above those of the S&P 500 and are especially popular among yield-hungry retail investors. Less obviously, all these strategies have underperformed the S&P 500 on a total return basis over the long term. Put another way, dividend investors are trading capital for income. Do investors need to accept lower returns in exchange for high dividend yields? No, they do not. In fact, do-it-yourself (DIY) high-dividend strategies can generate enviable income without sacrificing capital. High-Dividend Stock…

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Referendums to raise a total of more than $50 billion for transit, bike and pedestrian projects are on the ballot in at least 21 cities, counties and states, including metro Atlanta, San Francisco, San Diego, the Phoenix area, Nashville, Charleston, Seattle and Columbus, Ohio. (Smart Cities Dive) Lyft agreed to pay a $2.1 million fine to settle federal charges that it misled drivers about how much money they could make on the app. (Reuters) Los Angeles has a $3.3 billion wish list of transit projects for a car-free Olympics, but only 5 percent is funded let alone built. (Governing) Why…

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The administration of President Joe Biden has finalized curbs on US investments in sensitive technologies like semiconductors in China that pose a threat to national security, the Treasury Department said Monday. The new rules, which take effect on January 2 next year, will prohibit US-headquartered firms, citizens, and permanent residents from engaging in transactions involving cutting-edge technology like semiconductors, artificial intelligence (AI), and quantum computing, the Treasury announced in a statement.Investors will also be required to inform the Treasury about investments in some less advanced technologies “that may contribute to the threat to the national security of the United States,” the…

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The Asia-Pacific is currently in the global spotlight regarding the reduction of upstream emissions in the oil and gas sectors. The region, heavily dependent on fossil fuels, sees its carbon dioxide (CO2) emissions increase, especially those from natural gas. These emissions, produced during extraction and processing, include CO2 venting from reservoirs, which represents a major challenge for reaching the region’s climate goals. Carbon capture and storage (CCS), a technology capable of capturing CO2 directly at the source and injecting it into underground geological formations, is seen as a viable solution. According to data from S&P Global Commodity Insights, CCS could…

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In 1988, two of Germany’s most respected carmakers joined forces on a project that would become legendary. Porsche began developing a secret project, called “Project 2758,” based on a regular sedan that was as common in Frankfurt as it was in San Francisco. Little did the engineers know, this unassuming sedan would soon become a game-changer, even helping to save one of the companies from going under. From the outside, it looked just like the diesel models often seen shuttling people to schools and airports across Germany. But under the surface, Porsche had transformed this car at their renowned Weissach…

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TOLEDO, Ohio – Welltower Inc. (NYSE: NYSE:), an S&P 500 company and real estate investment trust (REIT), has released a business update detailing the company’s performance and strategic initiatives. The update, which was made available today, outlines Welltower’s recent property investments and capital allocation strategies. The company, which specializes in healthcare infrastructure, has made significant investments in seniors housing, post-acute communities, and outpatient medical properties. These investments are part of Welltower’s ongoing efforts to fund the real estate necessary to support innovative care delivery models and enhance the healthcare experience for individuals. In the update, Welltower provided insights into its…

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Agree Realty Corporation (NYSE:) has successfully closed a stock offering on Monday, raising capital through the sale of common stock shares. The real estate investment trust, based in Royal Oak, Michigan, entered into forward sale agreements on October 24, 2024, with Citibank, N.A., and Wells Fargo Bank, National Association, and an underwriting agreement with various parties including Citigroup Global Markets Inc. and Wells Fargo Securities, LLC. The offering involved the issuance and sale of 5,060,000 shares of Agree Realty’s common stock at a public offering price of $74.00 per share. Additionally, the underwriters exercised an option to purchase an extra…

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