“Clean” coal is a rich vein for American investors to mine, thanks to a lucrative subsidy offered by the U.S. government. For many producers of the fuel, the path to profit leads through a laboratory at the University of North Dakota.
Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a profit machine, worth hundreds of millions of dollars to its bottom line.
Champions of coal say the superabundant fossil fuel can be made environmentally friendlier by refining it with chemicals – a “clean coal” technology backed by a billion dollars in U.S. government tax subsidies annually.
BOSTON, Nov 8 Securities lending by investment
funds has reached its highest level in a decade, as demand for
corporate bonds surged more than 30 percent over the past 18
months and short selling of Tesla and Alibaba
shares reaches a frenzy.
BOSTON Securities lending by investment funds has reached its highest level in a decade, as demand for corporate bonds surged more than 30 percent over the past 18 months and short selling of Tesla and Alibaba shares reaches a frenzy.
BOSTON The largest target-date funds for U.S. investors nearing retirement are reporting their worst performance since 2008, as bets on Chinese stocks and Treasuries produced negative returns.
BOSTON, Oct 5 The yield starvation diet for
American investors is over.
BOSTON U.S. investors will save billions annually in mutual fund fees as money managers keep chopping them in a widening war for market share.
BOSTON Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.
BOSTON Thousands of miles of natural gas pipelines in Massachusetts are leak-prone and need repair, utilities have told state regulators, highlighting aging energy infrastructure risks after explosions ripped through three towns outside of Boston this week.