Empowered Funds LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,598 shares of the semiconductor manufacturer’s stock after purchasing an additional 656 shares during the period. Empowered
Celeste Schurman CenterPoint Energy workers show up in the Nottingham Country neighborhood in Katy. On Sunday afternoon, more than 385,000 CenterPoint Energy customers were without power nearly a week after Hurricane Beryl knocked out the lights for millions across Houston. In a news release, CenterPoint said it’s on track to restore power to 90 percent
Nick Tye is the founder and CEO of Carbon Underwriting. His leadership approach fosters a culture of collaboration and innovation, developing an environment where creativity thrives. Laser focused on merging technology and expertise to drive results, Nick’s role at Carbon is the culmination of over two decades in insurance, marked by leveraging his actuarial background
Insurance carriers that invest in insurtech startups stress communication and collaboration as key to success. Katie Webb, vice president of innovation and transformation, Aflac.LinkedIn While insurtech innovation has become more careful and deliberate than it once was, carriers’ venture capital arms remain engaged in transformation. Carriers can play a coaching role with insurtech startups, as
North Carolina-based hedge fund manager Morgan Creek Digital intends to raise roughly $500 million for a new fund focused on investing in artificial intelligence (AI), blockchain technologies, chips, and data opportunities. According to a press release, Morgan Creek’s new fund will invest in early-stage companies that combine AI power with blockchain technology and the associated
After more than a decade of advocating for accurate woodland inputs in the CAUV formula, the Ohio Department of Taxation has accepted the Ohio Forestry Association’s (OFA) data regarding land clearing costs and updated those inputs in the formula. These changes should result in significant tax savings for many woodland owners. “This is wonderful news
The growth of Artificial Intelligence has come on so strong and so fast that it threatens to destabilize the energy industry, the economy, and the climate. Last week, Google stated that its carbon emissions have skyrocketed by a whopping 48 percent over the last five years. “AI-powered services involve considerably more computer power – and so
Allspring Global Investments Holdings LLC trimmed its stake in shares of Pure Storage, Inc. (NYSE:PSTG – Free Report) by 37.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 791 shares of the technology company’s stock after selling 465 shares
Higher-for-longer interest costs and ample retail and office vacancies have pushed the sales of distressed investment properties in Hong Kong higher in the second quarter, a trend realtors expect to continue in an already tepid real estate market. An increasing acceptance among lenders and landlords to book steeper losses has driven up the number of
TEHRAN, Iran — Iran’s Interior Minister, Vahid Ahmadi, announced that property purchases in Iran by foreign nationals using the names of others are illegal. Without specifying any particular country, Ahmadi told ILNA news agency, “Property purchases by foreign nationals are subject to regulations, which we currently do not have in place. Therefore, property purchases in