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Oklo, one of the top advanced nuclear companies, and Switch, pioneering in the data center and AI eco-system have signed a historic corporate power agreement to deploy 12 gigawatts of Oklo Aurora powerhouse projects through 2044. Considering its scale, they call it the “Master Power Agreement” which builds the framework for collaboration. Both companies will finalize the binding agreements after achieving the project milestones. Jacob DeWitte, Co-Founder and CEO of Oklo expressed his sentiments by noting, “We are excited to collaborate with Switch on this historic agreement,” “Rob Roy and the Switch team share the vision we have for nuclear energy’s…
American Water (NYSE:) Charitable Foundation provides a combined total of $260,000 to support workforce development initiatives for the National Urban League and Affiliate Movement WOODRIDGE, Ill.–(BUSINESS WIRE)–The American Water Charitable Foundation, a 501(c)(3) organization established by American Water, the largest regulated water and wastewater utility company in the U.S., and Illinois American Water, announced today that the Chicago Urban League (CUL) has received a $20,000 commitment as part of a larger Foundation Corporate Strategic grant. Funding will enhance workforce development initiatives that help close the equality gap for African Americans and other historically underserved groups throughout the Chicago Metropolitan area…
Q3 Earnings Roundup: Old Dominion Freight Line (NASDAQ:ODFL) And The Rest Of The Ground Transportation Segment Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Old Dominion Freight Line (NASDAQ:ODFL) and its peers. The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies…
By Humeyra Pamuk and Amina Ismail WASHINGTON/DAMASCUS (Reuters) -U.S. diplomats visiting Damascus held Washington’s first in-person official meetings with Syria’s new de facto rulers led by Hayat Tahrir al-Sham on Friday and discussed with the former al Qaeda affiliate the future of Syria’s political transition. The United States, other Western powers and many Syrians were glad to see militias led by HTS topple President Bashar al-Assad, but it is not clear whether the group will impose strict Islamic rule or show flexibility and move towards democracy. Western governments are gradually opening channels to HTS and its leader Ahmed al-Sharaa, a…
The defining challenge of transporting perishable goods is providing timely and efficient delivery with as little waste as possible. Due to complex supply chains, the need for temperature control, and fluctuating demand, carriers in the produce sector face increasing pressure to reduce spoilage, improve traceability, and optimize last-mile delivery to meet consumer expectations for freshness and sustainability. Through real-time temperature monitoring, predictive analytics, and smart routing, Forefront Global Logistics minimizes spoilage and ensures that fresh produce reaches its destination at peak quality. This effort is supported by the expertise and leadership of partners Kristofer Lopez, Daniel Shirazi, and Giovanni Ciaccio,…
(Bloomberg) — Apollo Global Management said that a booming part of private credit is already a $20 trillion industry and that the market as a whole may reach $40 trillion within the next five years. Most Read from Bloomberg “We’re going to get there really soon,” Akila Grewal, Apollo’s global head of credit product, said in Bloomberg Intelligence’s latest Credit Edge podcast. “You’re going to see a lot more private credit offerings and strategies focused on asset-based” finance. Apollo has an expansive view of what constitutes private credit, including everything from music royalties and inventory finance to infrastructure debt and…
Former NFL MVP Adrian Peterson is facing legal issues in Texas again after two warrants were issued for his arrest for failing to appear in court regarding separate child support cases. The warrants were issued with cash bonds set at $9,500 and $7,500.The two child support cases involve women from Minnesota listed as custodial parents. In one case, a judge signed a qualified domestic relations order on Monday, granting the child the right to receive a portion of Peterson’s NFL benefits for child support.“The current legal case is related to a misunderstanding regarding Adrian’s court appearances as it relates to…
RADNOR, PA. – (NewMediaWire) – December 20, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Enphase Energy, Inc. (NASDAQ: NASDAQ:) (Enphase or the Company) on behalf of all persons and entities who purchased or otherwise acquired Enphase common stock between April 25, 2023, and October 22, 2024, inclusive (the Class Period). This action, captioned The Trustees of the Welfare and Pension Funds of Local 464A – Pension Fund v. Enphase Energy, Inc., et al. , Case No. 3:24-cv-09038-JST, was filed in the…
Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024.David A. Grogan | CNBCWarren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum among others during a swift December sell-off.Berkshire Hathaway purchased an additional 8.9 million shares in the Houston-based energy producer for $405 million through transactions Tuesday, Wednesday and Thursday, pushing its stake above 28%, according to a regulatory filing late Thursday night.During the same time frame, the Omaha, Nebraska-based conglomerate also bought about 5…