Sept 12 (Reuters) - Occidental Petroleum's ( OXY ) carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations has committed up to $500 million to support the development of its South Texas Direct Air Capture (DAC) Hub. The firm had previously received funding from BlackRock, the world's largest asset...

10:52 AM EDT, 09/13/2024 (MT Newswires) -- The Carlyle Group ( CG ) intends to take StandardAero public, Bloomberg reported Friday, citing unnamed people familiar with the matter. Carlyle opted to pursue an initial public offering after trying to sell StandardAero and receiving bids this week it felt valued the aircraft maintenance services provider below what it could fetch in...

10:57 AM EDT, 09/13/2024 (MT Newswires) -- Meta Platforms ( META ) said Friday it will start training its artificial intelligence models using public content from adult Facebook and Instagram users in the UK and Brazil in the coming months. The company said in a blog post that it is resuming model training after incorporating regulatory feedback to make sure...

(This Sept. 12 story has been corrected to say that BlackRock provided funding to the firm's Stratos facility in Odessa, Texas, not the South Texas DAC hub, in paragraph 2) (Reuters) - Occidental Petroleum's ( OXY ) carbon capture and sequestration unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations has committed up...