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☆ Elliott Management Makes $1 Billion Investment in Phillips 66
▼ + stars: | 2023-11-29 | by ( Robb M. Stewart | ) www.wsj.com time to read: 1 min

Photo: Chet Strange/Bloomberg NewsElliott Investment Management has made a roughly $1 billion investment in Phillips 66 and is pushing for the appointment of two directors as it seeks to bolster the energy company’s fortunes. In a letter to the Houston-based company’s board, the activist investor outlined what it said is a path to remedying the Houston-based company’s underperformance, improve execution and restore trust with investors. It said it sees about 75% upside to the current share price by unlocking value for shareholders.

Persons: Chet Strange Organizations: Bloomberg, Elliott Investment Management, Phillips Locations: Houston

☆ Most Abortion Bans Include Exceptions. In Practice, Few Are Granted.
▼ + stars: | 2023-01-21 | by ( Amy Schoenfeld Walker | ) www.nytimes.com time to read: +19 min

But abortion-rights advocates say legal exceptions do nothing but make abortion bans appear more reasonable than they really are. One shows states with abortion bans with exceptions for rape or incest and the other shows states without those exceptions. One shows states with abortion bans with exceptions for fatal birth defects and the other shows states without those exceptions. One shows states with abortion bans with exceptions for patients with severe health risks and the other shows states without those exceptions. One shows states with abortion bans with exceptions for the life of the patient and the other shows states without those exceptions.

A Colorado judge ordered the suspect accused of gunning down five people at a gay nightclub held without bond Wednesday, during the defendant's first court appearance. The public got its first glimpse of Anderson Lee Aldrich, 22, who made a virtual appearance from jail before 4th Judicial District Court Judge Charlotte Ankeny. The suspect is accused of walking into the Colorado Springs LGBTQ club late Saturday night with a high-powered rifle and opening fire. Investigators work outside Club Q in Colorado Springs, Colo., on Tuesday. Chet Strange / Getty ImagesDefense attorneys for Aldrich filed routine court documents for their client this week, referring to the suspect as "Mx.

☆ Colorado Springs suspect identifies as nonbinary and uses they/them pronounces, defense lawyer says
▼ + stars: | 2022-11-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

COLORADO SPRINGS, Colo. — The alleged shooter facing possible hate crime charges in the fatal shooting of five people at a Colorado Springs gay nightclub is nonbinary, the suspect’s defense team says in court filings. The motive in the shooting was still under investigation, but authorities said Aldrich faces possible murder and hate crime charges. Hate crime charges would require proving that the shooter was motivated by bias, such as against the victims’ actual or perceived sexual orientation or gender identity. Club Q remains cordoned off by police tape on Nov. 22, 2022 in Colorado Springs. Local and federal authorities have declined to answer questions about why hate crime charges were being considered.

☆ Here’s why 75% of likely voters think we are in a recession — even though we’re probably not
▼ + stars: | 2022-11-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN Business —A new CNN poll shows that three-quarters of likely voters feel like the US economy is in a recession. The technical definition of a recession is two consecutive quarters of economic contraction, which the US economy recorded in the first half of the year. Still, the economy feels bad to the majority of Americans ahead of next week’s midterms. But that’s still the highest since the early 1980s, and it’s the first time many younger people have ever experienced inflation. But that dip may not be enough to buy Democrats any goodwill among voters, given the elevated costs of every other necessity.

☆ Why convenience stores aren't rushing to replace gas pumps with EV chargers
▼ + stars: | 2022-10-18 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +8 min

Washington, DC CNN —Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. The bipartisan infrastructure bill is providing $7.5 billion to help pay for electric vehicle chargers that could help gradually replace gas pumps. Convenience stores with fuel pumps account for 80% of fuel purchased in the US, according to the industry trade group. Customers charging electric vehicles must stick around longer, so they may be more likely to buy food and other goods. That way the convenience stores aren’t pulling a huge amount of power from the grid at once.

☆ Trump targets Liz Cheney at Wyoming rally days after his high-profile endorsements flopped
▼ + stars: | 2022-05-28 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

Trump went after his critic, Rep. Liz Cheney, at a rally in Wyoming on Saturday. Trump has endorsed Harriet Hageman, an attorney running to unseat Cheney. "The people of Wyoming are going to vote to dump your RINO congresswoman Liz Cheney," Trump told the audience, erupting into cheers, "And you're going to send the incredible Harriet Hageman to Congress." The rally is being held to support Harriet Hageman, Rep. Liz Cheney’s primary challenger in Wyoming. "All of America is counting on you, Wyoming," Trump said.

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