May 16, 2026

Blog

Energy

Golodryga sees meaningful and pragmatic role in emerging energy for Phillips 66

Phillips 66 is poised to be a leader in the energy future, meeting the growing demand for energy while achieving sustainability targets, Phillips 66 Executive Vice President of Emerging Energy and Sustainability Zhanna Golodryga said at the Reuters Global Energy Transition 2024 conference in New York City. The conference coincided with the company’s announcement that production of

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Fund

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 per Share

NEW YORK, NY / ACCESSWIRE / July 11, 2024 / Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) (NYSE:ARDC) announced today the declaration of its distribution for the month of July 2024 of $0.1175 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 22, 2024 Record Date:

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Investments

University of Utah Seeking Director of Investments

The University of Utah is seeking a director of investments, according to a job posting listed on Tuesday.   In 2022, the university transferred its investment organization to a nonprofit called University of Utah Growth Capital Partners following the retirement of CIO Jonathan Shear, a spokesperson for the university says.   The Salt Lake City-based

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Technology

DPD and ACLU reach agreement over use of facial recognition technology

DETROIT (WXYZ) — The Detroit Police Department and the American Civil Liberties Union have come to an agreement that covers the department’s use of a controversial facial recognition technology. The ACLU calls it a “groundbreaking settlement” that “achieves the nation’s strongest police department policies and practices constraining law enforcement’s use of this dangerous technology” and

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Insurance

Allowing ‘catastrophe planning’ could lead to more local insurance coverage

PROTECTING HOMES— Firefighters try to cut open a garage door in an attempt to save a home on Kellwood Court in Oak Park during the 2018 Woolsey fire. Insurance companies are using fire as an excuse to drop coverage. Acorn file photo A proposal by state Insurance Com­missioner Ricardo Lara is aimed at stemming the

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Energy

Supreme Court Puts US Energy Policy on Shaky Ground

The US Supreme Court’s recent decision to scrap a keystone principle of administrative law — the so-called “Chevron doctrine” — has put US energy and climate policy on shaky ground, raising fresh questions for key agency rules and future executive actions of the Joe Biden administration. The landmark decision could also have a dramatic chilling

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Property

Former ACC headquarters property sold for $1.87 million

The former Greensboro headquarters property of the Atlantic Coast Conference has been sold for $1.87 million to a Jamestown group. The buyer is Wynnefield Waybridge LLC, according to a Guilford County Register of Deeds filing Thursday. The sale closed Wednesday. The property was sold at a steep discount compared with a $4.5 million appraised value,

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Fund

BlackRock’s Tokenized Fund Reaches $500m in Record Time

BlackRock launched its first tokenized fund in March this year and it has gathered more than $500m in record time, indicating demand for yield from investors with on-chain capital. The traditional fund manager launched its BlackRock USD Institutional Digital Liquidity Fund (BUIDL), on the ethereum blockchain on 20 March this year, in partnership with Securitize,

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Tax

Texas tax-free weekend returns Aug. 9-11 to help you save money on back-to-school items

SAN ANTONIO – The first day of school will be here before you know it, and you’ll likely want to get the most bang for your buck when shopping for back-to-school materials. Those looking to save can take advantage of this year’s tax-free holiday weekend in August. From Friday, Aug. 9, through midnight on Sunday,

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Energy

Solar energy project in Raisin Township gains approval

RAISIN TWP. — A proposed solar energy project in Raisin Township received approval Tuesday from the township’s planning commission. The Beecher Solar project encompasses 827 acres across several parcels of farmland spread roughly between Academy Road on the south and Holloway Road on the north, and Kerr Highway on the east and the Norfolk Southern

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