The Department of Energy recently announced up to $47 million in funding to accelerate the research, development, and demonstration of affordable clean hydrogen technologies. The funding , which is being administered by the DOE’s Hydrogen and Fuel Cell Technologies Office, is focused on the research, development, and demonstration of hydrogen delivery and storage technologies, as well as affordable and durable fuel cell technologies. Clean hydrogen, which is produced with zero or near-zero emissions, can play a role in reducing emissions from some of the hardest-to-decarbonize sectors of the economy, including industrial and chemical processes and heavy-duty transportation, but while hydrogen technologies have come a long way, costs and other challenges to at-scale adoption need to be addressed for clean hydrogen to realize its full potential, the DOE said. The DOE said the fuel cell projects should focus on applications for heavy duty trucks that have the potential to reduce carbon dioxide emissions and eliminate tailpipe emissions that are harmful to local air quality. The DOE said those efforts will work in concert with hydrogen-related activities funded by the Bipartisan Infrastructure Law, including the Regional Clean Hydrogen Hubs and an upcoming funding opportunity for research, development, and demonstration projects to […]

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Lorraine Boogich Royal Caribbean (NYSE: RCL ), Norwegian Cruise Line Holdings (NYSE: NCLH ), and Carnival Corp. (NYSE: CCL ) are all increasingly compelling investments into 2023, according to Citi analyst James Hardiman. “We believe cruise stocks as a group have graduated from ‘proxy trades’ to compelling long-term investment narratives, with both CCL (biggest turnaround/value opportunity) and NCLH (highest exposure to the premium consumer) offering compelling upside cases,” he wrote on Tuesday. “Unlike most of our coverage, the post-pandemic momentum of the cruise space clearly outweighs potential macro headwinds in 2023, with budding Asian and European narratives building into 2024.” Hardiman selected Royal Caribbean ( RCL ) as his top pick, with upside for both Norwegian and Carnival Corp. now more pronounced. While he trimmed his EPS forecasts for the group, he nonetheless raised his price target on Carnival to a range between $9 and $13. Read more on Hedgeye’s long call for Carnival .

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OTTAWA COUNTY — The Ottawa County Clerk’s Office announced Tuesday it was withdrawing from a nationwide initiative aimed at helping local election offices ensure election integrity. In November, Clerk Justin Roebuck announced Ottawa County was a finalist in the "Centers for Election Excellence," an initiative of the U.S. Alliance for Election Excellence. On Jan. 31, Roebuck walked that back, saying after the finalist announcement, the Alliance began releasing grant information indicating it intended to award significant private grant dollars directly to participating election offices. Upon learning that Ottawa County would receive $1.5 million it didn’t ask for — funded through private monies — Roebuck requested his office be withdrawn from consideration. "Some of the stuff we were talking about was really exciting and I applaud them for doing it," Roebuck told The Sentinel. Ultimately, Roebuck said he felt more comfortable receiving funding for initiatives if there was a need. He cited the example that the county’s election results website could be more user-friendly. "But $1.5 million just seemed excessive," Roebuck said. "We didn’t ask for that. Honestly, we were very surprised and we want people in it for the right reasons." The U.S. Alliance for Election Excellence, launched in […]

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"We are asking for a simplification or rationalisation and that it is easy to understand. It drives the ease of doing business. It is not that we are looking for a reduction in rates over there but there are so many different classes, we have so many different periods, rates and the more we simplify it, the easier it is for business to understand and follow." “We have competing markets which continue to grow, which continue to improve in their ease of doing business reduce cost of doing business. I just hope we see greater coordination between the Centre and the states because eventually investments come in the state and the better and tighter the coordination between the two will make a big difference on the ground,” says Sanjiv Bajaj , President, CII & CMD, Bajaj Finserv NSE -5.52 % . This is the last Budget that we are going to see from this term of the government. How optimistic are you that it is going to be growth oriented? I would say I am reasonably optimistic and it is comforting. What is reasonably optimistic on a scale of 1 to 10? I would say 7 7? Yes and […]

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Caterpillar shares are falling on mixed results. FX is cutting in the bottom line, but that headwind is subsiding. Capital returns and dividend growth is on track for 2023. There is good news and bad news in Caterpillar’s (NYSE: CAT ) Q4 results . Caterpillar shares are falling hard after the impact of FX was revealed to be greater than expected, that’s the bad news. The good news is that business is strong, growth is on the table, cash flow is robust, and capital returns are flowing. While near-term headwinds like valuation may weigh on the price action, this stock should find a bottom soon and might be closer than you expect. Share of Caterpillar broke out to new all-time highs in the first week of 2023, which is a very bullish signal. The previous all-time high near $245 is a very good candidate for strong support to kick in, and the outlook and capital returns are 2 good reasons to believe it will. Caterpillar Falls On Mixed Results Caterpillar, unlike dividend-payers Whirlpool (NYSE: WHR ) and United Parcel Service (NYSE: UPS ), reported mixed results and sent its shares moving lower. The difference is that Caterpillar, unlike the […]

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Capgemini and TCS are hiring for multiple job opportunities. Which opportunity will techies grab If you are in search of job opportunities in multinational companies then you are at the right place. The two top MNC companies Capgemini and TCS are hiring for multiple job opportunities. Which opportunity will techies grab? Capgemini Vs TCS which company are you going to choose? Here we have compiled a list of job opportunities in both the firms. Let us see briefly about each company and the job roles that are available in the firms. Capgemini Capgemini is one of the top MNC companies in the world and every fresher dreams to kickstart their career with Capgemini. Here we provide the list of current job opportunities in Capgemini. Role: Software Engineer Lead Location: Mumbai Roles and responsibilities: Must have knowledge of technologies like angular and java. The candidate must have experience in developing Angular 8 front-end development models using Agile Scrum way of working with JavaScript HTML CSS jQuery and JSON. Need to be well aware of OAuth 2.0 flow from a web client perspective. Need to integrate Java GIT Figma or similar design tools with Service endpoints such as Web sockets and […]

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Baron Funds, an investment management company, released its “Baron Real Estate Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here . In the fourth quarter, the fund rose 6.17% (Institutional Shares) compared to a 4.90% return for the MSCI US REIT Index (the “REIT Index”) and an 8.71% return for the MSCI USA IMI Extended Real Estate Index (the “MSCI Real Estate Index”). For 2022, the fund declined 28.44% compared to a 23.84% decline for the MSCI Real Estate Index and a 25.37% decline for the REIT Index. In addition, please check the fund’s top five holdings to know its best picks in 2022. Baron Funds highlighted stocks like Extra Space Storage Inc. (NYSE: EXR ) in the Q4 2022 investor letter. Headquartered in Salt Lake City, Utah, Extra Space Storage Inc. (NYSE:EXR) is a self-administered and self-managed REIT that provides convenient and secure storage units. On January 31, 2023, Extra Space Storage Inc. (NYSE:EXR) stock closed at $157.83 per share. One-month return of Extra Space Storage Inc. (NYSE:EXR) was 9.25%, and its shares lost 23.68% of their value over the last 52 weeks. Extra Space Storage Inc. (NYSE:EXR) has a market capitalization […]

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Initially, it may have seemed like the net-zero agenda could be off to a shaky start this year, certainly on the UK policy front, after Prime Minister Rishi Sunak failed to give the climate crisis a mention in his top five priorities for 2023 . However, it wasn’t long before Conservative MP, Chris Skidmore’s Mission Zero Independent Review of Net-Zero report – which labelled net-zero as the “economic opportunity of the 21 st century” – hit the headlines to remind government ministers, businesses and our wider society of the value and urgent need to scale up on climate action. Skidmore has urged government leaders to grasp the “historic opportunity” that net-zero can bring, pointing out that the UK is currently falling behind on some targets and that inconsistent and unambitious policies have resulted in missed opportunities for many businesses and households. Any further delay on climate action, he warns, will risk damaging the UK’s already precarious economic prospects and stifle key growth opportunities. The findings of this review stand in stark contrast to those net-zero sceptics across government and certain media outlets who last year tried to argue that net-zero policies could increase the financial burden on UK citizens […]

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Retail Opportunity Investments SG Americas Securities LLC lowered its stake in Retail Opportunity Investments Corp. ( – ) by 71.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,346 shares of the real estate investment trust’s stock after selling 45,634 shares during the quarter. SG Americas Securities LLC’s holdings in Retail Opportunity Investments were worth $252,000 as of its most recent filing with the Securities & Exchange Commission.

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Attention, Coast Guard workforce! Here is your chance to build your policy and leadership skills through the Massachusetts Institute of Technology’s (MIT) Seminar XXI: Educating U.S. National Security Leaders Program. Members of the Coast Guard, including civilians and reservists, are encouraged to apply. Officers in or selected for paygrades O-5 to O-8, and civilian employees in grades GS-14 to SES, are eligible. The Coast Guard will nominate up to four individuals from the Washington, D.C., area for Seminar XXI. While members from any location may apply, you must be stationed in the Washington, D.C., area during the program in order to participate. Seminar XXI is a prestigious policy program for senior military officers, government officials, and industry executives in the national security policy community. Coast Guard military and civilian members have participated in the MIT Seminar XXI program since 1991. Ideal candidates will be strong communicators with an ability to explain the Coast Guard’s evolving missions and broader role to a range of audiences. The best suited candidates will be those who can translate military concepts for civilians in an engaging manner. Ultimately, candidates should be excited to seize this unique opportunity to network with ascendant military, government, private […]

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