The Studebaker Lark, a pioneer in the compact car market, debuted in 1958 for the 1959 model year. Despite not reaching the iconic status of the Falcon or Chevy II/Nova, the Lark boasts several notable achievements. It spawned America’s first compact muscle car, the Super Lark, and introduced the innovative Wagonaire station wagon with a sliding roof. The Lark played a crucial role in Studebaker’s high-performance campaign, featuring the R-series V8 engine in record-breaking runs at Bonneville Salt Flats. Notably, it’s one of the few nameplates to survive the closure of Studebaker’s South Bend factory. The 1964 Daytona showcased in…
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DALLAS, Oct. 14, 2024 /PRNewswire/ — EnLink Midstream, LLC (NYSE: NYSE:) (EnLink) today announced a quarterly distribution for the third quarter of 2024. EnLink’s Board of Directors declared a cash distribution of $0.1325 per common unit for the third quarter of 2024, which is unchanged from the second quarter 2024 distribution. The third quarter 2024 cash distribution will be paid on November 14, 2024, to unitholders of record on November 1, 2024. About EnLink MidstreamHeadquartered in Dallas, EnLink Midstream (NYSE: ENLC) provides integrated midstream infrastructure services for , , condensate, and NGLs, as well as CO2 transportation for carbon capture…
Sir Keir Starmer, right, listens to Eric Schmidt and Dame Emma Walmsley during the International … [+] Investment Summit.Getty Images The U.K. government said that four American tech companies have agreed to invest a combined £6.3 billion ($8.2 billion) in data centers, a move aimed at strengthening Britain’s position in the global AI race. The investment pledges came from ServiceNow, CyrusOne, CloudHQ and CoreWeave, the government said Monday during the International Investment Summit. U.K. Technology Secretary Peter Kyle described the agreement as a “vote of confidence in Britain.” “Tech leaders from all over the world are seeing Britain as the…
US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies.The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday. The tech-heavy Nasdaq Composite (^IXIC) jumped nearly 0.9%. The Dow Jones Industrial Average (^DJI) rose more than 200 points, or almost 0.5%, to close above the 43,000 level for the first time.Tech stocks led the day’s gains, with chip giant Nvidia rising nearly 3% to close…
Who’s president matters a great deal when it comes to transportation priorities: The Obama administration spent more on transit, while Trump favored road spending and Biden has focused more on bike and pedestrian projects, according to an Urban Institute study. (Smart Cities Dive, Streetsblog USA) Hundreds of empty or underused parking lots and garages across the country could be repurposed into housing. (Route Fifty) Without better infrastructure to make riders feel safe, rebates for e-bikes and e-scooters will only go so far. (The Conversation) Transportation for America makes a great case for more balanced investment in multiple modes of transportation.…
People take photos in front of a giant Google logo at Google’s Bay View campus in Mountain View, California on Aug 13, 2024 where the “Made by Google” media event was held today.Josh Edelson | AFP | Getty ImagesGoogle said Monday that it will purchase power from small modular reactor developer Kairos Power, as tech companies increasingly turn to nuclear power as a way to fulfill the growing energy demands from data centers.The tech giant said it will purchase power from a fleet of SMRs made by Kairos Power. Google said purchasing from multiple SMRs sends an “important demand signal…
NEW YORK – Coty Inc . (NYSE:), a leading global beauty company, has announced preliminary results for the first quarter, revealing a growth of approximately 4-5% in like-for-like sales (LFL), which, while robust, is moderately below the company’s earlier estimate of 6% LFL growth. Despite this, Coty reaffirmed its full-year profit target, signaling confidence in its financial outlook. The company’s performance comes against the backdrop of a global beauty market experiencing solid but slightly reduced growth. Notably, the prestige fragrance category, one of Coty’s domains, continues to outpace the overall market, driven by increased volumes and favorable pricing trends. In…
UBS Private Wealth Management managing director Julie Fox warns investors to avoid making large portfolio shifts ahead of the election on ‘Making Money.’ Source link
PHILADELPHIA – WhiteHawk Energy, LLC, a company specializing in mineral and royalty interests, has made a public proposal to acquire PHX Minerals Inc. for $4.00 per share. This offer, detailed in a letter to PHX’s Board of Directors, represents a 19% premium over PHX’s 90-day volume-weighted average price and a 17% premium over its 30-day average, as of October 11, 2024. The acquisition bid comes after WhiteHawk’s 18-month effort to engage with PHX, during which WhiteHawk claims PHX’s stock price has underperformed due to excessive general and administrative expenses, dilutive acquisitions, and minimal dividends. WhiteHawk, which owns approximately 2.5% of…
The 2025 Ford Bronco lineup now includes the Free Wheeling package, a nostalgic nod to the iconic vintage models. This retro-inspired package offers a splash of color with stripes on the doors and fenders, reminiscent of the 1970s and ’80s. The package also includes an optional black roof and unique 17-inch wheels. Available only on the base trim, the Free Wheeling package starts at under $40,000. The Free Wheeling package is a tribute to the colorful and fun loving spirit of the original Bronco models. The stripes on the doors and fenders are a clear reference to the vintage vehicles,…