Tag: million
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‘Why are you not Elon Musk?’: The new boss of an oil-and-gas titan isn’t leaving clean energy to Tesla
Getty Images British oil-and-gas titan BP stated on Wednesday that it intends to lower its overall emissions to net zero and shift investment. Bloomberg TV anchor Alix Steel asked BP CEO Bernard Looney why he doesn’t leave clean energy to companies like Tesla that can”think out of the box in a particular way” and aren’t”moving…
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WoodMac: Volkswagen Will Be World’s Biggest Electric Car Maker by 2030
German automotive giant Volkswagen will grow to be the biggest manufacturer of EVs earlier 2030, according to new analysis from Wood Mackenzie. WoodMac anticipates Volkswagen to produce 14 million battery powered electric vehicles (BEVs) cumulatively by 2028, and climb out of its 2018 standing since the 10th biggest manufacturer to the very top of this worldwide…
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US economy misses forecasts, adds just 145,000 jobs in December
Reuters/Rebecca Cook The labour market cooled at the end of 2019 but stayed creating jobs to get a listing. That brought the total earnings for the year to 2.1 million, also based on what could be anticipated from the decade-long expansion. Every month wage growth continued to outpace inflation but fell short of their growth…
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American Airlines will share $30 million portion of Boeing settlement with employees, thanks to the drama surrounding the grounded 737 Max (AAL)
Drew Angerer/Getty Images American Airlines on Monday said it’s reached a deal with Boeing for reimbursement to make up to the grounded 737 Max airplane. The airline said it would share $30 million of the payout with employees, that need to be spread in March. American was among those airlines from the grounding hardest hit,…
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Tesla Co-founder Elon Musk cleared of defamation over ‘pedo guy’ tweet
Tesla Co-founder Elon Musk was cleared of defamation with a jury in Los Angeles within a tweet where he labeled an British caver “ man ”. The jury deliberated less than an hour before ruling in favour of Musk and clearing him of any accountability in the high-profile situation that pitted him against Vernon Unsworth.…
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The 25 most expensive ZIP codes in America in 2019
Katie Warren/Business Insider Real estate blog Property Shark has launched its annual ranking of the most expensive ZIP codes in the United States. For the third season in a row, Silicon Valley suburb Atherton took the top place. The median sale price in Atherton, California, was $7 million in 2019 — up nearly 43 percent…
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“He’s Full Of Shit”: New Bethany McLean Expose Eviscerates Elon Musk’s Solar City Bailout
Bethany McLean’s standing proceeds , with great reason. She is mostly famous for tackling the Enron scandal and the 2008 catastrophe – two of the biggest financial frauds over today or the past ten years. She co-authored Enron: The Smartest Guys in the Room, that was made into a movie. And today, she’s setting her sights around Elon…
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California Proposes $100M in Energy Storage Incentives to Boost Wildfire Resiliency
California regulators want to steer $100 million in state energy storage incentives to a new class of disadvantaged clients: people living in areas of the state in the highest risk of deadly wildfires. The California Public Utilities Commission issued a proposed decision last week on the “equity funding ” inside the Self-Generation Incentive Program, the state’s…
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Jeff Bezos is ‘very excited’ about the automotive industry
Amazon CEO Jeff Bezos told employees he is ‘very excited’ about the automotive industry, a potential hint in the tech giant’s next major drama. It’so hard to imagine that Amazon started off as a small Seattle bookstore. Now it’s regarded not just an e-commerce giant, but also a leader in areas like cloud computing, AI,…