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Infrastructure and Energy Alternatives, Inc. Announces Closing of $50 Million Equity Transaction

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INDIANAPOLIS, May 20, 2019 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that it has successfully completed the previously announced $50 million equity transaction (“Equity Transaction”) with a fund managed by the Private Equity Group Read More

Chevron now offering electric car charging at gas stations

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By Mark Chediak on 5/20/2019 Photo: Electric car charging station. SAN FRANCISCO (Bloomberg) — There has been an ever so slight shift in Big oil towards the electric car business. Chevron Corp. is offering electric car charging ports at a handful of gasoline stations in its home state of California, according to a statement Monday. Read More

Liberals secure unlikely victory in Australia’s surprising federal election result

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Australia’s Liberal Prime Minister Scott Morrison has claimed victory in the federal election in a stunning turnaround as virtually all opinion polls spelled success for the rival Labor Party. Australia’s center-right Liberal-National Coalition is set to return to government as the election results show it has secured an unbeatable lead over its major competitors. With Read More

Polling starts to close in Australian election

3 days ago DieselGasoil Comments Off on Polling starts to close in Australian election
Polls have started to close in an election likely to deliver Australia’s sixth prime minister in as many years. Opinion polls suggest the conservative Liberal Party-led coalition will lose its bid for a third term, leaving current prime minister Scott Morrison having had one of the shortest tenures in the nation’s history. Polling closed in Read More

Birchcliff Energy Ltd. Announces Voting Results From Its 2019 Annual Shareholders Meeting and Adjournment of Special Business

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CALGARY, Alberta, May 17, 2019 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that at its Annual and Special Meeting of Shareholders held on May 16, 2019 (the “Meeting”), shareholders elected all five of the proposed nominees listed in Birchcliff’s information circular dated March 28, 2019 (the “Information Circular”). In Read More

U.S. recession risk rises as U.S.-China trade tensions heat up: Reuters poll

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BENGALURU (Reuters) – Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two years at 40%. FILE PHOTO: A cashier handles money in Macy’s Herald Square in Manhattan, Read More

With inflation elusive, two Fed policymakers lay out a welcome mat

4 days ago DieselGasoil Comments Off on With inflation elusive, two Fed policymakers lay out a welcome mat
SANTA BARBARA, Calif./WASHINGTON (Reuters) – Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an unusual pitch: if inflation rises unexpectedly, the Fed should lay out the welcome mat. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is Read More

Fed needs to let inflation rise above 2%, Kashkari says

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SANTA BARBARA, Calif. (Reuters) – Low U.S. inflation expectations are sapping the Federal Reserve’s ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the Fed to allow inflation to rise above 2% to bring the economy back to full strength. President of the Federal Reserve Bank on Minneapolis Read More

H/Cell Energy Reports FY2019 First Quarter Financial Results

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DALLAS, May 16, 2019 (GLOBE NEWSWIRE) — H/Cell Energy Corporation (OTCQB-HCCC) (“HCCC”), a company that designs and implements clean energy solutions featuring hydrogen and fuel cell technology, has announced financial results for its first quarter ended March 31, 2019. For the three months ended March 31, 2019, HCCC generated revenue of $1,704,273 and a net loss Read More