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Giant Florida Methane Plume Probed by EPA as Possible Violation

(Bloomberg) — U.S. regulators are investigating whether a massive methane release over Florida they say likely occurred during maintenance on a natural gas compressor station this spring violated the nation’s Clean Air Act.The mysterious plume of invisible gas, estimated to total 300 metric tons, was released north of Gainesville between May 2 and May 3, according to Bluefield Technologies Inc., which analyzed data from the European Space Agency’s Sentinel-5P satellite and was first reported by Bloomberg News.“Our preliminary findings indicate that the release may have occurred from maintenance operations at a natural gas compressor station located in Brooker (Bradford County), …read more […]

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How to Get Rich Like Buffett

Amazon (Nasdaq: AMZN) founder, chairman and CEO Jeff Bezos is the richest man in the world… and not by a small margin.
Bezos’ net worth zeros in on $200 billion – more than $80 billion above Bill Gates, who sits in second place on Forbes‘ Real-Time Billionaires list.
Bezos also has access to some pretty elite financial advice…
In a meeting with Warren Buffett, he took the opportunity to pick the Oracle of Omaha’s brain on investing. He asked…
Your investment thesis is so simple. You’re [one of the] richest guys in the world, and it’s so simple. Why doesn’t everyone just copy you?
Buffett …read more […]

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Buffett Buys Barrick Gold… Should He Buy This Instead?

Warren Buffett is arguably the most successful investor of our time. But lately, people have been doubting the wisdom of the Oracle of Omaha.
He took a bath in airline shares, selling when they collapsed at the outset of the coronavirus pandemic. Then his bank stocks took a dive when interest rates plunged and bad debt reserves soared thanks to the huge spike in unemployment.
But what investors have forgotten is that his biggest position by far, Apple, is about to break the $2 trillion valuation. That’s definitely not peanuts when you own 250 million shares and counting. So when he made …read more […]

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Lyft and Uber win delay to continue operations in California: BBG

After Lyft initially announced Thursday that it would suspend rideshare in California on Friday, both Lyft and Uber were granted a delay to reclassifying drivers. An Uber spokesperson told Yahoo Finance: “We are glad that the Court of Appeals recognized the important questions raised in this case, and that access to these critical services won’t be cut off while we continue to advocate for drivers’ ability to work with the freedom they want.” D.A. Davidson SVP & Sr. Research Analyst Tom White joins The Final Round panel breaks down the details. …read more […]

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3 “Strong Buy” Penny Stocks With Substantial Upside Potential

Penny stocks, you either love them or you hate them. One of the obvious draws of these stocks trading for under $5 per share is the ability to get more bang for your buck. And should these bargain priced stocks see their share prices rise by only a small amount, the rewards can be staggering.However, before jumping right into an investment in a penny stock, Wall Street pros advise looking at the bigger picture and considering other factors beyond just the price tag. For some names that fall into this category, you really do get what you pay for, offering …read more […]

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Blink Charging Responds To Short Report After Stock Drops 25%

Blink Charging (NASDAQ: BLNK) shares traded sharply lower on Thursday following a short report released Wednesday by Culper Research.The company issued a press release saying the short seller’s report was filled with “false, manipulative and defamatory reports.”What Happened: Blink Charging is an owner, operator, and provider of electric vehicle charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types.Culper Research issued a report on Blink Charging, saying “the company has vastly exaggerated the size of its EV charging network in order to siphon money from the pockets of investors …read more […]

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Trump Nominee Shelton Blasted by Fed Alums in Open Letter

(Bloomberg) — A group of former Federal Reserve officials and staffers, including former Vice Chairman Alan Blinder, published an open letter Thursday calling on the U.S. Senate to reject President Donald Trump’s nomination of Judy Shelton to the central bank’s Board of Governors.“Ms. Shelton’s views are so extreme and ill-considered as to be an unnecessary distraction from the tasks at hand,” the letter said.The letter was also signed by two former reserve bank presidents and three former division directors on the board’s staff. It has 38 current signatories, all of whom worked at the central bank at some point.The Senate …read more […]

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Finding Safety in Dividend Growth Stocks

Searching for a dividend growth stock can be like looking for a needle in a haystack. Which makes sense… Companies focused on growth typically reinvest cash on hand into future growth instead of paying out a dividend.

A perfect example of a growth stock from the way back machine is Amazon (Nasdaq: AMZN). The internet commerce juggernaut went years without turning a profit. Amazon CEO Jeff Bezos long maintained that investing in growth was far more important than hitting quarterly earnings targets.
The strategy proved to be a salient one that landed Amazon’s founder the top spot as the richest man in …read more […]