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What Do Stakeholders Want MPD's Robert Contee to Focus On?


Yet,
Robert Contee still wants the job. The 48-year-old, who grew up in the Carver Terrace neighborhood of Ward 5 and lives now in Ward 3, joined MPD as a cadet in 1989. He rose to the very top when Bowser nominated him to replace outgoing Chief
Peter Newsham earlier this year. The D.C. Council’s Committee on the Judiciary and Public Safety voted unanimously last week to move Contee’s nomination to the full Council. A final vote has not been scheduled but could take place as soon as April 20, according to Council Chairman
Phil Mendelson.
In the meantime, stakeholders have laid out their priorities for the new chief in reports, public hearings, and interviews with LL over the past month. The most frequent demand is better transparency. While some believe the rot inside MPD is too deep for any one person to fix, others are cautiously optimistic about Contee. ....

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U.S. shale prioritizing debt over drilling, just as OPEC predicted


U.S. shale prioritizing debt over drilling, just as OPEC predicted
By Michael Tobin, David Wethe and Kevin Crowley on 3/12/2021
Shale drillers are putting debt payments ahead of making hole.
HOUSTON (Bloomberg) Saudi Arabia’s bet that the golden age of U.S. shale is over appears to be a safe one for now, at least.
A round-up of data on shale drillers shows they’re sticking to their pledge to cut costs, return money to shareholders and reduce debt. If they stay the course, it would validate the OPEC+ alliance’s high-stakes wager that it can curb output and drive crude prices higher without unleashing an onslaught of supply from U.S. rivals. ....

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SoftBank's SVF Investment Corp. 3 Announces Closing of $[320,000,000] Million Initial Public Offering


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SAN CARLOS, Calif., March 11, 2021 /PRNewswire/ SVF Investment Corp. 3 (Nasdaq: SVFC) (the Company ) announced today the closing of its initial public offering of 28,000,000 Class A ordinary shares, including 4,000,000 shares issued pursuant to the full exercise of underwriters over-allotment option, at a price to the public of $10.00 per share, resulting in gross proceeds of [$320,000,000].
The Company s shares began trading on the Nasdaq Capital Market ( Nasdaq ) on March 9, 2021, under the ticker symbol SVFC . In addition, an affiliate of the sponsor entered into a forward purchase agreement that provides for the purchase of up to $200,000,000 forward purchase Class A ordinary shares, for $10.00 per share, in a private placement to close substantially concurrently with the closing of the Company s initial business combination. ....

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