Monthly Archives: August 2021

Three Argonne projects receive DOE funding | Business | August 2021

LEMONT, Illinois, August 25, 2021 – Three Argonne National Laboratory projects have received funding from the U.S. Department of Energy to lay the groundwork for breakthroughs in quantum information science. The awards are part of a $ 61 million investment in quantum science and engineering. QUEEN-M Using resources from the Center for Nanoscale Materials (CNM) in Argonne, a team of ...

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WI vs Pak 2nd test

New West Indies captain Kraigg Brathwaite laments team lack of ‘consistency’ as series ends 1-1 Pakistani captain Babar Azam said he was always confident in making “bold decisions” as he trusted his bowlers to take the 10 wickets of the West Indies in the second round. Pakistan placed 329 hosts in the second test at Sabina Park, giving themselves a ...

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Senators question funding for AI-powered policing technology

ShotSpotter technologies at a Strategic Decision Support Center at the 11th District Headquarters of the Chicago Police Department on February 8, 2017. Erin Hooley / Chicago Tribune via AP, FILE CHICAGO (AP) – A Democratic senator has said the US Department of Justice must determine whether the algorithmic-based police technologies it funds contribute to racial bias in law enforcement and ...

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Panama’s July bunker sales increase 12.4% year-on-year

Demand for bunkers in Panama soared last month. Image credit: Ship and cargo hold / Data credit: AMP Bunker request in Panama climbed on both an annual and monthly basis in July. Total sales reached 378 710 mt last month, according to preliminary data from Panama Maritime Authority (AMP), recovering from an 11-month low in June. The total increased by ...

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Liberty Financial is helping businesses get ahead of this news

MELBOURNE, Australia, Aug 23, 2021 (GLOBE NEWSWIRE) – It’s hard to stand out in today’s competitive market, but there are ways for business owners to get ahead. The start of a new fiscal year is a great opportunity to reassess business goals and take a closer look at the company’s finances. A Commercial loan can provide the funds a business ...

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Oregon Insight: How Families Spent Their First Child Tax Credit Payments

Here’s the Oregonian’s weekly look at the numbers behind the state’s economy. See past payments here. Millions of US households, including more than 600,000 Oregon families, received payments last month thanks to an extension of the federal child tax credit. President Joe Biden’s $ 1.9 trillion coronavirus relief program has inflated the value of credit for most families, but it ...

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To buy now, pay later, investors need to look for the best deals

Square has bet the future of “buy now, pay later” on Afterpay, buying it for $ 29 billion. Investors should spread their tokens around. The deal sparked a wave of purchases not only in online payment carts, but also in the stock market. Shares of other so-called BNPL players, including Affirm Holdings and Zip Co., surged after the deal despite ...

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Analysts say they buy stocks like Walmart & Nio

Shoppers walk past a Walmart store in San Leandro, California, United States, Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As the earnings season draws to a close, investors’ eyes are focused on the look of the second half of 2021. Whether it’s a contagious new variant of Covid-19 causing lockdowns, shifting e-commerce trends altering consumer ...

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Hawaii paycheck protection fraud case is a snapshot of widespread abuse

It will be many years before government officials know the extent of federal pandemic assistance poorly obtained by businesses in Hawaii and across the country. This is the expectation shared recently by a regulator overseeing the integrity of US Small Business Administration financial assistance to businesses affected by COVID-19, including the Paycheck Protection Program and grants for businesses in the ...

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Failed Afghan projects swallow US money

The rapid collapse of the Afghan government at the hands of the Taliban has fueled fears of a humanitarian catastrophe, sparked a political crisis for President Joe Biden and caused scenes of desperation at Kabul airport. It also raised questions about what happened to the more than $ 1 trillion spent by the United States trying to bring peace and ...

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US House Democrats seek at least $ 160 billion in new funding for electric vehicles

An Ionity electric vehicle charging station is pictured near Dresden, Germany on August 27, 2019. REUTERS / Annegret Hilse WASHINGTON, Aug.11 (Reuters) – A group of 29 House Democrats in the United States want congressional leaders to include at least $ 160 billion in additional funding for electric vehicles as part of a spending measure of 3.5 trillion dollars, according ...

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LT group profit drops 63% at P4B

LUCIO C. Tan LT Group, Inc. (LTG) attributable net profit in the first six months fell 63% to 3.73 billion pesos from 10.03 billion pesos last year. “This is mainly due to the increase in provisions for credit losses recorded by its banking subsidiary and the elimination of the gain on disposal of real estate assets at the consolidated level,” ...

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Building the future: how China and America differ in their industrial strategy

Western efforts to change the industrial policy of the People’s Republic of China (PRC) by targeting specific industries including biotechnology, lithium batteries, semiconductors, and solar panels, with numerous tax incentives and procurement and direct financial subsidies were in vain. They were doomed to failure, as the ruling Chinese Communist Party has never shared its political power with its “private sector”, ...

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Buffett’s Berkshire Hathaway boosted by US economic rebound | Business and Economy News

Warren Buffett’s Berkshire Hathaway Inc. is reaping the rewards of the US economic recovery. The conglomerate’s collection of manufacturers and retailers rebounded in the second quarter after being hit hard by the pandemic that ravaged the United States last year. The group of companies posted their second-highest quarterly profit on record dating back to mid-2009 and contributed to a 21% ...

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KNOWLEDGE CENTER: Four Ways to Invest Extra Money in Your Savings Account [Column] | Company

Over the past year, many Americans have amassed money to prepare for the uncertainty of the COVID-19 pandemic. So much so that the personal savings rate of Americans has reached record levels. The U.S. Bureau of Economic Analysis (BEA) reported that Americans’ savings rate reached 33% in April 2020, the highest ever recorded by the BEA. As 2021 approaches, Americans’ ...

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Safety net ‘sugar’ in Biden’s second infrastructure bill will be hard for Republicans to remove if passed

Anna Moneymaker / Getty Images North America / Getty Images CNN – The Republican senator stressed the urgency of killing the Democratic president’s agenda before new perks are locked in public support – now or never. “The administration’s plan is simple,” said Senator Ted Cruz. “Make everyone addicted to sugar. ” Cruz’s warning about stopping the Affordable Care Act in ...

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EIDL funds approved for non-qualifying businesses in adult entertainment, gambling – Boston 25 News

WASHINGTON – A monitoring report calls for improvements to one of the government’s pandemic relief programs aimed at helping small businesses after results showed millions of dollars were approved for potentially ineligible companies. The U.S. Government Accountability Office (GAO) report states that the Small Business Administration (SBA) has made approximately 5,000 advances through the Economic Injury Disaster Loan (EIDL) program ...

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National Payday Relief has a plan to get its customers to say goodbye to those aggressive phone calls from lenders

OAKLAND PARK, Florida (PRWEB) 06 Aug 2021 The consumer loan industry in the United States has grown significantly over the past decade. This industry is made up of hundreds of private payday lenders. The Covid-19 pandemic has resulted in job losses, business closures, wage cuts, which have made households desperate for payday loans. These loans are as dangerous as they ...

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Hotels say management company withheld files, jeopardizing COVID-19 relief funds

As the aggressive delta variant of the COVID-19 pandemic wreaks havoc, lawsuits filed by hotel properties in three states should serve as a wake-up call for all hotel owners who hire a management company. Lawsuits in Florida, Georgia and Alabama allege that a management company failed to fulfill its legal obligations to hotel properties, including refusing to hand over all ...

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HIGH CREDIT: Management report and analysis of financial position and operating results (Form 10-Q)

The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand our business, our results of operations and our financial condition. The MD&A is provided as a supplement to, and should be read in conjunction with our unaudited condensed consolidated financial statements and the related notes and other financial information ...

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Is refinancing bad for your credit? – Councilor Forbes

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. Top Student Loan Refinance Lenders of 2021 Find the best student loan refinance lenders for your needs. Refinancing a mortgage, car loan, or other debt can be an effective way to ...

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Stage 2 Capital launches $ 80 million Fund II targeting B2B software startups – TechCrunch

Boston go-to-market venture capital firm Stage 2 capital launches its second fund with the intention of investing $ 80 million in B2B software companies. The firm’s approach combines venture capital expertise with a diverse community of over 250 sponsors and marketing experts who work with portfolio companies to accelerate revenue growth. Firm co-founders Jay Po, former investor at Bessemer Venture ...

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Altius Renewable Royalties Announces US $ 35 Million Funding with Longroad Energy

ST. JOHN’S, Newfoundland – (COMMERCIAL THREAD) – Altius Renewable Royalties (TSX: ARR) (“ARR”) reports that Great Bay Renewables (“Great Bay”), its subsidiary jointly controlled with funds managed by companies affiliated with Apollo Global Management (the “Apollo Funds” ), has closed a US $ 35 million royalty investment with Longroad Energy (“Longroad”) related to Longroad’s 331 MWdp (250 MWac) Prospero 2 ...

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