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Globe and Mail
09-07-2025
- Business
- Globe and Mail
Why Plug Power Stock Skyrocketed Today
Key Points Plug Power is a leading hydrogen production company. Plug and a partner have agreed to extend a partnership through 2030. Prospective investors should confirm in upcoming quarterly reports if there are improvements in the company's financial health. 10 stocks we like better than Plug Power › The Dow Jones Industrial Average and S&P 500 are inching slightly higher today, but shares of hydrogen specialist Plug Power (NASDAQ: PLUG) are rocketing convincingly higher. News about the company's extension of a deal with a hydrogen partner is motivating investors to click the buy button on Plug stock. As of 10:53 a.m. ET, shares of Plug Power had soared 19.4%. Details of the deal remain scant Plug Power and its unnamed partner -- identified as a "a leading U.S.-based industrial gas company and longtime hydrogen partner -- announced the extension of a strategic relationship through 2030. The companies didn't elaborate on the specifics of the collaboration, but Plug notes that the partner will supply it with liquid hydrogen at a reduced cost and work with it to improve efficiencies in the hydrogen network. In the press release announcing the deal, Plug suggests that the deal was largely made possible by the passage of the "big beautiful bill" legislation. Additionally, Plug notes that the "legislation will provide strong tailwinds in the near and mid-term for additional market growth." Should you follow the market and power your portfolio with Plug stock? It's fairly common for Plug to announce new deals regarding its hydrogen business. What's not common, however, is for the company to provide concrete insight into how the deal will benefit the company and its financial condition. For a company that perennially fails to post a profit, this lack of insight is disappointing and compromises the excitement about said deals. While news that the recently passed legislation helped to make this deal a possibility is encouraging, prospective Plug investors would be better advised to wait for the company's upcoming quarterly reports to see if there are improvements in its financials. Should you invest $1,000 in Plug Power right now? Before you buy stock in Plug Power, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Plug Power wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,764!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $980,723!* Now, it's worth noting Stock Advisor 's total average return is1,048% — a market-crushing outperformance compared to179%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025


CBS News
02-07-2025
- CBS News
Family of 5 barely survives house explosion in downstate State Park Place, Illinois
A family in downstate Illinois barely survived their house exploding in the middle of the night with no warning. The Rodriguez family lives in State Park Place, Illinois, just outside St. Louis, Missouri. Around 1 a.m. Monday, an explosion leveled their home. The family of five plus their two dogs all made it out alive, but barely. "Based on pure adrenaline. I just was crawling on all fours trying to get out. My door was already like blocked," said 18-year-old Ashley Rodriguez "I was pushing stuff off, and it just burned my fingertips off this hand." Ashley's back was broken when the roof collapsed on her. Her 11-year-old sister was lucky, and suffered only minor burns. Her 6-year-old brother was pulled from the ashes by her father, who was burned on his arm and neck. Their mother suffered the worst burns on her entire body, and is hospitalized in critical condition. The family said she is due to undergo multiple surgeries. The state fire marshal is investigating the explosion, but the family said they called the gas company twice in the past six months to reporting a strong smell of gas near their front door. CNN contributed to this report.


Washington Post
27-05-2025
- Business
- Washington Post
Dynagas: Q1 Earnings Snapshot
ATHENS, Greece — ATHENS, Greece — Dynagas LNG Partners LP (DLNG) on Tuesday reported profit of $13.6 million in its first quarter. The Athens, Greece-based company said it had profit of 28 cents per share. Earnings, adjusted for amortization costs, came to 30 cents per share. The gas shipping company posted revenue of $39.1 million in the period.


BBC News
22-05-2025
- Politics
- BBC News
Haut du Mont: Bereaved families' concerns prompt explosion probe
An independent inquiry is to be launched into the handling of the Haut de Mont explosion in Jersey after "serious concerns" were raised by bereaved residents died after the explosion at the Haut du Mont residential block, St Helier, in the early hours of 10 December relatives lodged a formal complaint with the Government of Jersey over the handling of the investigation into the explosion, citing serious concerns about the emergency response and medical government's complaints board has now committed to an external inquiry, with the chief minister's office apologising for the delay in appointing an expert to oversee it. In March, three former gas company employees appeared in court each charged with 10 counts of gross negligence were remanded on bail to appear for indictment at the Royal Court on 28 ten people who died following the explosion were Ken Ralph, 72, Jane Ralph, 71, Peter Bowler, 72, Raymond Brown, 71, Romeu de Almeida, 67, Louise de Almeida, 64, Derek Ellis, 61, Sylvia Ellis, 73, and Billy Marsden, 63, and Kathleen McGinness, McGinness, who lived in a building adjacent to the Haut du Mont flats, was taken to hospital but died on Christmas Day complaint about the handling of the investigation was made in November 2023 by bereaved relatives, and in December 2023, they were told an inquiry into the matter would be given thy contacted the government the following year to say they had not had an update on this. A report from the board stated: "While initially deemed outside the complaints board's jurisdiction, the chief minister's office has since committed to an independent, external investigation."Bereaved families will be supported in shaping the terms of reference for this inquiry, with the chief minister's office apologising for delays in appointing an expert to oversee it."

Globe and Mail
15-05-2025
- Business
- Globe and Mail
The Michelin Guide has arrived in Quebec. Here's the list of all nine restaurants given stars
The wait is over for Quebec's food lovers, as the world-famous Michelin Guide has announced its first-ever list in the province, awarding nine restaurants with stars (or étoiles). Quebec is the third destination for the guide in Canada, after Toronto and Vancouver restaurants received their first stars in 2022. Operating in more than 30 countries around the world, the Michelin Guide can award restaurants up to three culinary stars, though this achievement is rare. Founded in the 1900s by the French tire company – yes, the same company that originated the Michelin Man – the guide became a pivotal way to encourage travelling to featured destinations. Thus, boosting tire and gas sales in the process. However, Michelin and its guide have been subject to heavy criticism, including concerns about lists being partially funded by tourism organizations, and descriptions of the featured restaurants being Eurocentric and elitist. Quebec food writer Lesley Chesterman also noted in her Substack that the province's restaurants often aren't 'gourmet' in the sense of the high-end establishments so often rewarded with Michelin stars. With that said, the guide has taken on the reputation as a symbol of excellence in the culinary industry, and receiving even one star can result in boosted revenue and buzz for businesses. The Michelin Guide for Quebec is out – and the province's capital city is making a splash The first-ever list for Quebec features a range of eateries, highlighting the province's diverse food scene and must-try experiences. Tanière³, located in the heart of Quebec City, has notably joined the exclusive club of two-starred Canadian spots, joining Sushi Masaki Saito in Toronto. The Quebec restaurant showcases a contemporary tasting menu with an emphasis on its refined experience and culinary craftsmanship, helmed by chef François-Emmanuel Nicol. Here's a look at all the restaurants that received one (or more) étoiles. Two stars Type of cuisine: Contemporary Chef: François-Emmanuel Nicol Region: Quebec City (36½ Rue Saint-Pierre) What the Michelin inspectors said: 'In what might be described as his gastronomic research laboratory, avant-garde Chef François-Emmanuel Nicol explores all the nuances to be derived from the immense terroir of Québec's boreal zone. Sophisticated cooking methods, succulent sauces and a rigorous balance of flavours make this cuisine a resounding triumph: think matured tuna, pickled matsutake slices, sunflower cream, or Québec Wagyu tataki, wild rose, morels, and roasted onions. The pastry chef proposes a woodland-inspired autumnal dessert with a mushroom-infused mille-feuille.' One star Type of cuisine: Modern/Creative Chef: Julien Masia Region: Quebec City (519 3e Ave.) What the Michelin inspectors said: 'Over the course of the single set menu (available in 'regular' and vegetarian versions), ingredients from Québec's terroir enjoy their moment of glory: fresh tuna is accompanied by mint and watermelon, halibut from the Gaspé Peninsula with carrot and agastache, and eggplant with basil and hay.' One star Type of cuisine: Creative Chefs: Cassandre Osterroth, Pierre-Olivier Couture Region: Quebec City (767 Rue Saint-Joseph E.) What the Michelin inspectors said: 'The concept: to welcome 10 guests at a fixed time, in a friendly atmosphere, around a majestic central table. Their cuisine, strictly Québécois, showcases local ingredients with astonishing simplicity. The dishes are a testament to precise cooking, whether the marinated cod in smoked oil, the scallops in a herring bone jus, or the roasted quail breast. Foraged herbs – fresh or dried – and smoky notes underpin every dish.' One star Type of cuisine: Modern/Creative Chef: Jérôme Ferrer Region: Montreal (1065 Rue de la Montagne) What the Michelin inspectors said: 'This seasoned chef showcases seasonal produce and ingredients from Québec's terroir (bison, scallops from the Magdalen Islands, etc.) in modern dishes that often demonstrate a hint of creativity: spot prawn and pear marinated in wild ginger and burnt citrus; buckwheat tartlet with foie gras and Jerusalem artichoke, Québec hazelnut praline. Certain French dishes are given a twist–for instance tartiflette or kugelhopf, the latter prepared using Alpine sweetgrass.' One star Type of cuisine: Modern/Creative Chef: Daniel Vézina Region: Quebec City (117 Rue Dalhousie) What the Michelin inspectors said: 'This is the Vézina family establishment, and it is Raphaël, the founder's son, who now holds the reins. This seasoned chef showcases seasonal produce and ingredients from Québec's terroir (bison, scallops from the Magdalen Islands, etc.) in modern dishes that often demonstrate a hint of creativity: spot prawn and pear marinated in wild ginger and burnt citrus; buckwheat tartlet with foie gras and Jerusalem artichoke, Québec hazelnut praline.' One star Type of cuisine: Creative/Regional Chef: Elliot Beaudoin Region: Quebec City (255 Rue Saint-Paul) What the Michelin inspectors said: 'Elliot Beaudoin, a former associate of the restaurant Tanière³ – serves up a cuisine that is rooted in Québec's terroirs. This establishment sets itself apart by using only local ingredients and eschewing exotic ingredients such as chocolate, pepper, citrus fruit, and vanilla. The menu celebrates little-known indigenous ingredients, which are put to clever and creative use.' One star Type of cuisine: Modern Chef: Simon Mathys Region: Montreal (1879 Rue Bélanger) What the Michelin inspectors said: 'The contemporary space, designed for around 50 diners, is organized around a bar-counter. The chef devises a resolutely original carte blanche menu centred on local ingredients. Every dish is made with quality produce and executed in a modern and trendy style that won't fail to make an impression.' One star Type of cuisine: Modern/Creative Chef: Norman St-Pierre Region: Rimouski (144-A Av. de la Cathédrale) What the Michelin inspectors said: 'The small spot is only open three evenings a week, led by a humble chef who welcomes guests like friends – personally involving himself in the reception and service and passionate about showcasing Québec products he carefully selects. Offering a single fixed menu which changes every two months, the cuisine is thoughtfully creative, technically executed and invites diners on a journey, with dishes inspired by the chef's travels around the world.' One star Type of cuisine: Modern Chef: Patrice Demers Region: Montreal (2194 Centre St.) What the Michelin inspectors said: 'The chef has taken an atypical route to this kitchen, having trained in pâtisserie before turning his hand to cooking. Patrice Demers creates vivid, accessible, and unpretentious dishes that allow the Québec terroir to shine. Fruit and vegetables reign supreme, especially in the summer, when the menu is almost entirely meat-free.'