Sam Edwards | Getty Images The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year … Read more
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the last few months, the agency appears to have trained its sights on ethereum, in particular. Some of the biggest names in decentralized finance are now fighting back. In a 40-page filing Tuesday, Uniswap Labs — … Read more
Republican presidential candidate and former president Donald Trump shakes hands with North Dakota Gov. Doug Burgum and Vivek Ramaswamy, left, at a campaign rally at the The Margate Resort in Laconia, NH on Monday, January 22, 2024. Jabin Botsford | The Washington Post | Getty Images If former President Donald Trump taps North Dakota Gov. … Read more
Wind turbines in Dawson, Texas, on Feb. 28, 2023. Mark Felix | Afp | Getty Images As carbon emissions from fossil fuels keep warming the planet, eco-conscious consumers may wonder if there’s a way to buy electricity from renewable sources without installing technology like solar panels or windmills on their property. In short, the answer … Read more
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion, in an effort to repay defrauded investors. The company, once a business at the heart of Digital Currency Group, was among the multiple casualties in the industry contagion set off by the collapse of FTX. The firm filed for Chapter … Read more
Shares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024. For fiscal year 2024, … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Market wrap: It’s day two of … Read more
The controversial expansion of Tesla’s only European gigafactory was approved on Thursday, as the local council in the German municipality of Grünheide voted in favor of the carmaker’s plans to grow its facility near Berlin. The majority of 19 council representatives supported Tesla’s plans to expand its only European gigafactory. Eleven councilors voted in favor … Read more
Exterior view of the Microsoft Times Square building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Microsoft‘s total carbon emissions have risen nearly 30% since 2020 primarily due to the construction of data centers, the company said in its annual sustainability report Wednesday. Microsoft’s Scope 1 and … Read more
The school bus is in many ways ideal for V2G. “There’s no uncertainty in terms of the use of the bus,” says Patricia Hidalgo-Gonzalez, director of the Renewable Energy and Advanced Mathematics Lab at UC San Diego, who studies the grid but wasn’t involved in the project. “Having that clarity on what the transportation needs … Read more
