Author: IA PressRoom

3M (MMM) climbs on rumors of $10 billion PFAS pollution settlement 3M Company (NYSE:) reached a tentative settlement with a large number of U.S. cities and towns to resolve pollution claims over per-and polyfluoroalkyl substances, or PFAS, according to a report Friday from Bloomberg, citing people familiar with the matter. The settlement is said to be for at least $10 billion. 3M’s “forever chemicals” settlement would follow an announcement from Chemours Co (NYSE:), Dupont De Nemours Inc (NYSE:) and Corteva Inc (NYSE:) (CTVA earlier today for an agreement in principle to comprehensively resolve all PFAS-related drinking water claims “of a defined…

© Reuters. Claudette Joyner, president of the American Federation of Government Employees (AFGE) Local 3147 and a realty specialist at the U.S. Department of Agriculture’s (USDA) Beltsville Agricultural Research Center (BARC) and Ashaki “Teddi” Mitchell, vice-pres By Leah Douglas WASHINGTON (Reuters) – The U.S. Department of Agriculture will temporarily close a damaged laboratory building at its flagship Maryland research site, a spokesperson told Reuters, shortly after employees filed a federal complaint alleging unsafe work conditions there. Reuters exclusively reported on May 19 that employees at the Beltsville Agricultural Research Center (BARC), the country’s largest farm research site, filed complaints with…

Source: DecryptDenish Sahadevan, a 31-year-old social media influencer, has pleaded guilty to a series of criminal charges related to money laundering using cryptocurrency. The US prosecutors have alleged that Sahadevan fraudulently obtained more than $1.2 million in government relief loans.Three-Year Criminal Empire Brought DownOn May 31, the US Department of Justice (DoJ) issued a press release stating that Denish Sahadevan, a TikTok influencer, has admitted to committing several criminal offenses. These offenses include wire fraud, aggravated identity theft, and money laundering.According to the prosecutors, an extended search on the accused Potomac’s property led to the discovery of his fraudulent activities after three…

CNN  —  Federal prosecutors have obtained an audio recording of a summer 2021 meeting in which former President Donald Trump acknowledges he held onto a classified Pentagon document about a potential attack on Iran, multiple sources told CNN, undercutting his argument that he declassified everything. The recording indicates Trump understood he retained classified material after leaving the White House, according to multiple sources familiar with the investigation. On the recording, Trump’s comments suggest he would like to share the information but he’s aware of limitations on his ability post-presidency to declassify records, two of the sources said. CNN has not…

Eaton Vance Enhanced Equity Income Fund declares $0.1095 dividend

NEW YORK, NY – AUGUST 26: The corporate logo for Lululemon hangs on a wall at their store in … [+] Brookfield Place on August 26, 2022, in New York City. (Photo by Gary Hershorn/Getty Images)Getty Images Lululemon Athletica LULU Inc (LULU) closed Thursday, June 1, 2023, just below its 200-day simple moving average at $330.87. The maker of gym clothing for both women and men gapped higher at Friday’s open to a high of $386.33, below its quarterly risky level at $388.24. Profit-taking caused the stock to slide below its annual pivot at $373.00 Friday morning. Lululemon has a…

WASHINGTON, DC – MAY 31: U.S. President Joe Biden speaks on the debt limit vote process in the … [+] Roosevelt Room of the White House May 31, 2023 in Washington, DC. (Photo by Win McNamee/Getty Images)Getty Images The student loan pause is actually, definitively coming to an end after over three years. President Joe Biden is soon expected to sign the debt ceiling bill approved by the House and Senate earlier this week. The compromise measure would preserve Biden’s signature student loan forgiveness plan, but would codify the end of the student loan pause. Here’s what borrowers need to…

This article is an on-site version of The Lex Newsletter. Sign up here to get the complete newsletter sent straight to your inbox every Wednesday and FridayDear reader,It is all very frustrating. The sun converts 600mn tonnes of naturally occurring hydrogen into energy every second. But here on earth you have to faff about with an electrolysis plant to produce modest amounts of green hydrogen to burn in your experimental home boiler*.A Lex in depth Big Read analysed the challenges this week. We believe hydrogen will play an important auxiliary role in carbon transition for applications such as iron processing…

© Reuters. U.S. President Joe Biden walks to the White House from Marine One after his trip to Colorado, in Washington, U.S., June 1, 2023. REUTERS/Evelyn Hockstein WASHINGTON (Reuters) – U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation’s economic outlook after data released earlier on Friday showed higher U.S. employment for May. “I look forward to signing the bipartisan budget agreement into law,” Biden said in a statement released by the White House.

© Reuters. Apple mixed reality headset to bring a lot of much needed excitement to the space – Barclays Barclays analysts said in a note Friday that Apple (NASDAQ:) has the potential to be a major player in the mixed reality space. Writing ahead of Apple’s WWDC, the analysts stated from their understanding, Apple’s mixed reality headset hardware is “actually very compelling,” but it will still “take several iterations and likely a lower price point to get to mainstream adoption.” “We think Apple’s device will impress most industry enthusiasts and participants, from developers and other ecosystem players, but we doubt…