WASHINGTON (AP) — Oil and natural gas companies for the first time would have to pay a fee for methane emissions that exceed certain levels under a rule proposed Friday by the Biden administration. The proposed Environmental Protection Agency rule follows through on a directive from Congress included in the 2022 climate law. The new […]
Tag: companies
Western companies have exited Russia in droves. New companies with owners from China and former Soviet republics are stepping in.
Nearly 10,000 companies with foreign involvement exited Russia in 2022 and the first 10 months of 2023. But the number of firms in Russia with co-owners from China and former Soviet republics has increased sharply. Russia is targeting new markets in the east following sweeping Western sanctions over the invasion. Western companies have been leaving […]
‘Amazing to see bigger companies starting the ripple effect’
Tesla has once again demonstrated its commitment to sustainability, sharing a glimpse of its state-of-the-art water-recycling system at manufacturing facility Giga Berlin. On Dec. 13, the automaker posted a photo of its wastewater treatment plant on X, formerly known as Twitter, and noted that “up to 100% of process water” is recycled. Four large tanks […]
Kansas City-area utility companies say they’re ready for next winter blast
Goldman Sachs quietly shuts down diversity investment program Launch With GS after meeting $1 billion pledge to fund companies led by women and people of color
Starting in 2018, Goldman Sachs announced a strategy called Launch with GS that eventually committed to investing $1 billion of firm and client capital into companies led, founded, and owned by women and people of color. Now, one of the world’s largest investment banks has shuttered the initiative, claiming it has fulfilled its goal and […]
Ukraine to launch 5 joint ventures with Western arms companies in 2024
Ukraine plans to launch five joint ventures with Western arms manufacturers this year, Economy Minister and Deputy Prime Minister Yuliia Svyrydenko told the Kyiv Independent on Jan. 10. Ukrainian Defense Industry, a state-owned enterprise that also operates under the name Ukroboronprom, is a “top priority” for the coming year, Svyrydenko said. While Svyrydenko did not […]
‘Running Companies Hurts My Heart,’ But He Sees No Other Way
Elon Musk, recognized for his pivotal roles in SpaceX and Tesla Inc., has consistently expressed a preference for focusing on product development and technology rather than corporate leadership. Despite his position as a renowned CEO, Musk never aspired to be one. His journey to becoming an influential figure in 21st-century business reflects a man driven […]
S&P 500: 10 Companies Expected To Post Blowout Profit Any Day Now
S&P 500 companies are gearing up for fourth-quarter earnings season. And some are seen putting up some massive profit growth. X Ten companies, including some of the Magnificent Seven like Amazon.com (AMZN) and Netflix (NFLX), plus utilities like NRG Energy (NRG), are seen posting 50% or higher profit for the fourth-quarter of 2023, says an […]
New Jersey’s Murphy asks bus companies sending migrants to state for advance notice
New Jersey Gov. Phil Murphy is asking bus companies sending migrants to the state to provide advance notice of arrivals, mirroring a similar rule recently implemented by New York City Mayor Eric Adams. In a public letter Monday, Murphy asked about two dozen bus companies that he said were sending migrants from the southern border […]
As police lose the war on crime in South Africa, private security companies step in
JOHANNESBURG (AP) — Thamsanqa Mothobi was going about his life in Johannesburg when he was carjacked and taken to an informal settlement where robbers accessed his mobile banking apps. “They had guns and demanded the PIN codes for my apps. They increased the withdrawal limits in my accounts and emptied them. I was only released […]
Two companies will attempt the first US moon landings since the Apollo missions a half-century ago
CAPE CANAVERAL, Fla. (AP) — China and India scored moon landings, while Russia, Japan and Israel ended up in the lunar trash heap. Now two private companies are hustling to get the U.S. back in the game, more than five decades after the Apollo program ended. It’s part of a NASA-supported effort to kick-start commercial […]
Wildlife conservation groups sue railroad companies in ongoing legal battle: ‘We are extremely disappointed’
In an effort to protect critically endangered grizzly bears, two wildlife conservation groups are hoping to railroad a lawsuit through the courts — literally. As reported by ABC News, WildEarth Guardians and the Western Environmental Law Center recently filed a lawsuit in federal court in Missoula, Montana, against BNSF Railway over its failure to establish a […]