COP29, held in Baku, made a major breakthrough in global climate action during its opening day. Nearly 200 governments agreed on a framework under Article 6.4 of the Paris Agreement. This deal sets up a UN-led global carbon market, allowing countries and companies to trade carbon credits more efficiently. The goal is to create a stronger demand for carbon credits, especially to fund climate projects in developing nations. COP29 President Mukhtar Babayev called the agreement a “game-changing tool” to support climate action in less wealthy countries. He also urged all nations to continue working together to make more progress during…
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The Dart GTS was among the original members of Dodge’s “Scat Pack” in 1968, marked by the distinctive “bumblebee” stripe that wrapped around the rear of the car. The Scat Pack’s symbol was an automotive bee, a unique branding choice that gave Dodge an edge in the competitive muscle car market. The Dart GTS was essentially an enhanced Dart GT, boasting a high-performance suspension, a standard 340-cubic inch high-revving small-block engine, with an optional 383-cubic inch big-block engine available for an additional cost, and E70 x 14 tires. Many buyers preferred the lighter 340 engine, as it weighed 89 pounds…
SPRINGFIELD, IL—Kimberly A. Johnson, Senior Vice President and Controller at Horace Mann Educators Corp (NYSE:), recently sold 3,000 shares of the company’s common stock. The transaction, which took place on November 7, 2024, was executed at a price of $42.88 per share, totaling approximately $128,640. Following this sale, Johnson retains ownership of 19,349.715 shares, which includes 19,186.687 vested restricted stock units and 163.028 shares of common stock. The transaction was filed with the Securities and Exchange Commission on November 12, 2024. Horace Mann Educators Corp, based in Springfield, Illinois, is a provider of insurance and financial solutions tailored for educators…
Quelimane, Mozambique might not be the first place that comes to an American’s mind when she thinks of an active transportation paradise. With 40 percent of trips taken on foot and 35 percent in the saddle, though, the east African city has already been ranked as the most walkable city on Earth — and now, it’s setting its sights on becoming an international model for how to support people who walk and roll.This week on The Brake, we continue our dispatches from Bloomberg Citylab with an inteview with Quelimane’s mayor Manuel de Araújo. In his 13 years in office, the World Mayor Jury Award…
Oklo, the California-based nuclear technology company recently announced that it has received clearance from the U.S. Department of Energy (DOE) and Idaho National Laboratory (INL) to proceed with site characterization for its first commercial fission power plant in Idaho. The completion of the environmental compliance process is a significant milestone for Oklo as it can now initiate work for its fission power plant. Jacob DeWitte, CEO and Co-Founder of Oklo noted, “These approvals represent pivotal steps forward as we advance toward deploying the first commercial advanced fission plant. With this process complete, we can begin site characterization. Our unique business…
Azerbaijan presidency claims Article 6 could help countries save $250 billion a year – but experts warn UN carbon trading is still some way off Azerbaijan’s COP29 presidency claimed an early win at the start of the climate summit when countries waved through long-awaited – and controversial – rules laying the foundations for a new UN carbon market, without any debate. But the approval of the documents setting out key guidelines – or “standards” – for the development of carbon credit projects and carbon removal activities provoked strong opposing reactions. For some, including proponents of carbon credits and the COP29…
In this courtroom sketch, former U.S. president Donald Trump appears by video conferencing before Judge Juan Merchan during a hearing before his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in Manhattan state court in New York City, May 23, 2023.Jane Rosenberg | ReutersA New York judge on Tuesday delayed his ruling on whether to toss guilty verdicts against President-elect Donald Trump in his criminal hush money case, or to move toward sentencing in late November.The one-week postponement was announced two days after the Manhattan district attorney’s office…
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Let’s take a look at what these Wall Street heavyweights have to say about On Holding (ONON) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. On Holding currently has an average brokerage recommendation (ABR) of 1.37, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated…
U.S. President-elect Donald Trump at the Palm Beach Convention Center on November 06, 2024 in West … [+] Palm Beach, Florida. (Photo by Chip Somodevilla/Getty Images)Getty Images With Donald Trump now elected as the next U.S. president, investors are honing in once again on important global economic variables. Attention is on inflation, growth and employment, among other variables, and specifically how they may impact changes in global monetary policy. After the Covid-19 pandemic in 2020 and subsequent increase in inflation, which saw global central banks increase policy rates dramatically, they are now embarking on a rate-cutting cycle that will potentially…
October’s Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision after cutting rates by a quarter percentage point last week. Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards The report, set for release at 8:30 a.m. ET on Wednesday, is expected to show headline inflation of 2.6%, a slight uptick from September’s 2.4% annual gain in prices, which marked the lowest annual headline reading since February 2021. Consumer prices…