Business

First Gen Supplies Geothermal Power to LPU Batangas, Laguna Campuses

First Gen Supplies Geothermal Power to LPU Batangas, Laguna Campuses

Lyceum of the Philippines University signed a deal this month with First Gen Corp. to power its satellite campuses in Batangas and Laguna using geothermal energy. The agreement aggregates more than 1,150 kilowatts of demand from the sites, sourced from First Gen's plants in Leyte.

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Investors Urge Starbucks Shareholders to Oust 2 Directors Over Union Fight

Investors Urge Starbucks Shareholders to Oust 2 Directors Over Union Fight

A coalition of investors including New York state and city comptrollers called on Starbucks shareholders Wednesday to reject the reelection of two board members over the company's handling of labor unrest. The push targets lead independent director Jorgen Vig Knudstorp and Beth Ford, head of the board's Nominating and Corporate Governance Committee.

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Gécamines Grants Glencore Land Access at KCC Mine in Congo

Gécamines Grants Glencore Land Access at KCC Mine in Congo

Gécamines has agreed to grant Glencore access to land for the Kamoto Copper Co. mine in the Democratic Republic of Congo. The deal unlocks long-term mining titles and leases to expand facilities and extend the site's life into the mid-2040s.

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Hycroft Mining Shares Jump 15% on 55% Rise in Gold, Silver Resources

Hycroft Mining Shares Jump 15% on 55% Rise in Gold, Silver Resources

Hycroft Mining Holding Corp. (NASDAQ:HYMC) shares surged 15% to $3.87 Wednesday after the company reported a 55% increase in measured and indicated gold and silver mineral resources. The updated estimate lists 16.4 million ounces of gold and 562.6 million ounces of silver.

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Blue Hydrogen Market to Hit $52 Billion by 2036, IDTechEx Forecasts

Blue Hydrogen Market to Hit $52 Billion by 2036, IDTechEx Forecasts

The global blue hydrogen market will reach $52 billion by 2036, growing at a 22% compound annual rate, according to a new IDTechEx report. The projection covers production from fossil fuels paired with carbon capture technology to cut emissions in heavy industry.

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Illinois, Iowa Rank High in WalletHub Property Tax Study

Illinois, Iowa Rank High in WalletHub Property Tax Study

Illinois homeowners face the nation's second-highest effective property tax rate at 2.01%, while Iowa sits at 10th with 1.39%, according to a new WalletHub analysis of all 50 states and the District of Columbia. The study calculates taxes based on the U.S. median home value of $332,700 and each state's actual median prices.

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