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Mike Lee moves to shrink land sales in megabill
Mike Lee moves to shrink land sales in megabill

E&E News

time26-06-2025

  • Politics
  • E&E News

Mike Lee moves to shrink land sales in megabill

Senate Energy and Natural Resources Chair Mike Lee has moved to shrink his proposed public land sell-off in the Republicans' megabill as he races to save the provision from the parliamentarian's knife. Senate Parliamentarian Elizabeth MacDonough this week said an earlier plan from the Utah Republicans could not pass by simple majority under budget reconciliation. Hunters and other conservation-minded conservatives also took to social media to protest the land sales. New text making the rounds on Capitol Hill, obtained by POLITICO's E&E News, would implement changes Lee touted on social media Monday evening. Advertisement Specifically, Lee's new proposal would remove all Forest Service land from potential sale and would significantly shrink Bureau of Land Management land from up to 0.75 percent to 0.5 percent across 11 states. Any land sold under the plan would have to be within 5 miles of a population center to address housing concerns. The National Wildlife Federation in a press release predicted the revised version would still open up more than a million acres for sale. It's unclear whether the new language has been submitted to the parliamentarian and whether it would pass muster. Lee's office did not respond to a request for comment.

United Pacific boosts e-commerce at over 600 c-stores
United Pacific boosts e-commerce at over 600 c-stores

Yahoo

time14-06-2025

  • Business
  • Yahoo

United Pacific boosts e-commerce at over 600 c-stores

This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. United Pacific, owner of the Alta Convenience and Rocket convenience store brands, has partnered with Lula Commerce on a number of digital tools, according to a Tuesday announcement from Lula. The partnership brings tools like real-time inventory management, integration with delivery platforms and customer engagement services to the retailer's 600-plus convenience stores in 11 states. United Pacific is the latest convenience retailer turning to technology to help boost operations and customer experience while improving uptime. United Pacific will be using Lula Operators, AI-powered agents designed to help the retailer automate its e-commerce operations, which can help ensure consistent uptime, efficient order processing and quick customer service. 'This is a huge opportunity to capture more digital customers, and additional share of market with those who prioritize efficient and quick options when shopping for everyday essentials,' said Bill Mullen, president of retail for Rocket. The use of AI in convenience stores continues to grow, from RaceTrac installing remote forecourt monitoring to reduce pump downtime to 7-Eleven using it to reduce the time it takes to hire workers. United Pacific joins the trend of using it to automate and improve e-commerce, and joins companies like Par Mar and Circle K franchisee Gas Express in partnering with Lula. Alta operates more than 100 sites in Colorado, Kansas, New Mexico and Nebraska, while Rocket has more than 450 in California, Washington, Oregon, Colorado, Nevada, and other western states. Recommended Reading How RaceTrac is growing its tech strategy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

AT&T to Acquire Lumen's Consumer Fiber for $5.75 Billion
AT&T to Acquire Lumen's Consumer Fiber for $5.75 Billion

Yahoo

time24-05-2025

  • Business
  • Yahoo

AT&T to Acquire Lumen's Consumer Fiber for $5.75 Billion

On Wednesday, AT&T Inc. (NYSE:T) announced an agreement to acquire substantially all of Lumen Technologies' (NYSE:LUMN) consumer fiber business for $5.75 billion in cash, subject to purchase price adjustments. This aims to expand AT&T's national fiber footprint, which is expected to close in H1 2026, pending regulatory approval by the Department of Justice and other customary closing conditions. Close-up of a technician's hands adjusting a communication router. The acquisition will add ~1 million fiber customers to AT&T Inc.'s (NYSE:T) base and extend its fiber-network operations in major metropolitan areas across 11 US states. This expansion aligns with AT&T's goal to reach ~60 million total fiber locations by year-end 2030, which would almost double its current fiber availability. For Lumen Technologies (NYSE:LUMN), the sale of its consumer fiber assets allows the company to sharpen its focus on its enterprise fiber business. Chris Stansbury, CFO of Lumen, stated that the cash proceeds from the sale will help Lumen reduce its debt by $4.8 billion and enhance cash flow by cutting interest expenses by over $300 million annually. Lumen will retain its enterprise and wholesale fiber customers, its national fiber backbone network infrastructure, and its existing copper network that primarily serves consumer customers. While we acknowledge the potential of T to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than T and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.

Packaging and Delivering Meals to the Community on Fifth Third Day
Packaging and Delivering Meals to the Community on Fifth Third Day

Associated Press

time12-05-2025

  • Business
  • Associated Press

Packaging and Delivering Meals to the Community on Fifth Third Day

This is what Fifth Third Day is all about! Thanks to everyone who came together to serve communities all across our 11-state footprint by packaging and delivering meals to the hungry. We wouldn't be Fifth Third without you, and it's our privilege to be your community bank. About Fifth ThirdFifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol 'FITB.' Investor information and press releases can be viewed at Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC. CONTACT Amanda Nageleisen (Media Relations) [email protected] Matt Curoe (Investor Relations) [email protected] | 513-534-2345 Visit 3BL Media to see more multimedia and stories from Fifth Third Bancorp

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