An Austrian heiress is giving away much of her $27.1 million fortune — and she’s recruiting 50 people to tell her where it should go. Marlene Engelhorn, 31, was bequeathed the vast sum by her grandmother, Traudl Engelhorn-Vechiatto, who died in September 2022 at age 95. But with no need for all the money, the […]
Oil giant Shell decided to suspend all its shipments through the Red Sea last week after ships passing through the area were repeatedly targeted by Houthi attacks, according to a report. The Wall Street Journal said Shell declined to confirm that it would no longer be sending ships transporting fossil fuels past the west Yemini […]
A record number of global institutions have co-filed a shareholder resolution at Shell, calling for the UK-headquartered oil giant to align its emissions reduction targets with the Paris Climate Agreement. The resolution, led by Dutch activist group Follow This, has been backed 27 institutions, including Nest, Rathbones, Brunel Pension Partnership and Amundi. It proposes that […]
MOBILE, Ala. (WKRG) — Here at Kingswood Apartments on Old Shell Road, strong winds have toppled over a tree behind News 5’s Shamonee Baker. Severe weather school closings, schedule changes Thankfully, the tree didn’t land on any apartments, but it did land very close to a power line. Now, crews are working on the scene, […]
WASHINGTON (AP) — Treasury Secretary Janet Yellen is announcing that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to unmask shell company owners. Yellen, in remarks prepared for delivery Monday, says the new Treasury database that is collecting beneficial ownership information sends […]
(Bloomberg) — Shell Plc said earnings from gas trading would be significantly higher in the fourth quarter, but profits from buying and selling oil products and chemicals will be lower. Most Read from Bloomberg The London-based major said it benefited from seasonal shifts in the gas market and higher production of liquefied form of the […]
Rep. Lauren Boebert, the Republican congresswoman representing a huge swath of western and southern Colorado, announced Wednesday that in the 2024 election, she plans on changing districts. Boebert said in a Facebook video that she intends to seek office in Colorado’s 4th Congressional District, which covers the Eastern Plains, currently represented by Republican U.S. Rep. […]
Beleaguered Republican Congresswoman Lauren Boebert announced Wednesday night that she is running for Congress again — but in a different, more conservative district. This means she avoids facing Democrat Adam Frisch, a former Aspen city council member who ran against her in 2022. Frisch lost in 2022 by fewer than 550 votes and has outraised […]
Good morning and welcome to the A.M. Alert! SENATE RETURNS SU NOMINATION TO THE WHITE HOUSE Via David Lightman… The Senate returned Julie Su’s nomination as Secretary of Labor to the White House as it wrapped up its 2023 business, but the former California cabinet official is expected to remain on the job. President Joe […]
(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday detailed its plan for granting access to new data about shell company ownership to certain government agencies, law enforcement and financial firms. FinCEN in 2024 will begin requiring certain companies to report beneficial ownership data, part of an effort by lawmakers and […]
TOMPKINSVILLE, Ky. — Rep. James Comer, a multimillionaire farmer, boasts of being one of the largest landholders near his rural Kentucky hometown, and he has meticulously documented nearly all of his landholdings on congressional financial disclosure documents – roughly 1,600 acres in all. But there are six acres that he bought in 2015 and co-owns […]