Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has a lot going on. A significant slump in sales, stoking concerns among investors and industry analysts, in an EV market where aggressive price cuts have … Read more
People visit St Mary’s lighthouse in Whitley Bay to see the aurora borealis, commonly known as the northern lights, on May 10, 2024 in Whitley Bay, England. Ian Forsyth | Getty Images A rare solar storm illuminated the evening skies on Friday, with neon rays of magenta, green and blue beaming across much of the … Read more
Ford’s Chief Financial Officer (CFO), John Lawler and Linda Zhang, Chief Engineer for the company’s All Electric F-150 Lightning participate in the opening bell ceremony at the New York Stock Exchange (NYSE) in New York City, New York, U.S., April 28, 2022. Brendan Mcdermid | Reuters Ford Motor on Friday named the former chief financial … Read more
On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate any revenue, went public through a special purpose acquisition company called AltC Acquisition Corp., founded and led by Altman. Under the ticker symbol “OKLO,” shares were … Read more
Starshot, a climate tech fund, was founded by Sam Levac-Levey and Jeremy Brewer. Lora Kolodny for CNBC Childhood friends Jeremy Brewer and Sam Levac-Levey started their first clean energy startup in 2018. Six years later, they’re launching a new venture fund to invest in climate tech companies overlooked by their peers. Brewer, who’s worked at … Read more
Food waste is so prolific in the U.S. that roughly one-third of the amount produced ends up in landfills rather than stomachs. That adds up to excess production, packaging, storage and delivery requirements, all negatively contributing to climate change. A recent study published in the journal Science found food production accounts for 26% of global … Read more
A chimney from the Linden Cogeneration Plant is seen in Linden New Jersey April 22, 2022. Kena Betancur | View Press | Corbis News | Getty Images Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle … Read more
The Albemarle lithium processing facility in Kings Mountain, North Carolina, US, on Wednesday, Aug. 10, 2022. Logan Cyrus | Bloomberg | Getty Images Albemarle‘s plans to reopen a resource-rich lithium mine in North Carolina will take longer than originally expected as a collapse in lithium prices weighs on the company. Albemarle, a top lithium producer, … Read more
Republican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Brendan Mcdermid | Reuters The Securities and Exchange Commission under a second Donald Trump presidency would roll back the aggressive stance the government agency has taken against corporate giants with current chairman Gary Gensler … Read more
Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices. Anadolu | Anadolu | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says the industry needs to undergo a “profound transformation” as it grapples with one of … Read more
