Michael Short/Bloomberg via Getty Images Around a dozen Google engineers are helping Swedish start-up Normative to build a new carbon emissions tracker. The emission counting software is designed to help businesses calculate their environmental footprint. It does this by analyzing all the transactions in a company’s accounting systems, including energy bills, business travel, raw material […]
Where does the Orient Express go? Train has new European routes
Before the dawn of private jets and business class flights, royalty and high society members traveled through Europe onboard luxury trains. Now anyone can do it — if they are willing and able to spend £1,700 ($2,300) for a one-night trip. That’s the starting rate to go from Florence to Paris aboard the Venice Simplon-Orient-Express, […]
Will DC regulate after child safety concerns
Frances Haugen, Facebook whistle-blower, speaks during a Senate Commerce, Science and Transportation Subcommittee hearing in Washington, D.C., U.S., on Tuesday, Oct. 5, 2021. Stefani Reynolds | Bloomberg | Getty Images You may have heard this one before: lawmakers are outraged at a tech company, calling for its CEO to testify and promising, finally, to rein […]
Google updates Maps, Search, Shopping, Nest for sustainability
As of Wednesday, Google Maps eco-friendly routing is live in the U.S. Photo courtesy Google On Wednesday, Google launched a suite of changes to many of its core products to help consumers make sustainable choices more easily. “Today, climate change is more than a threat,” Sundar Pichai, the CEO of Google and parent company Alphabet, […]
Constellation Brands, Palantir, Norwegian Cruise and others
Check out the companies making headlines before the bell: Constellation Brands (STZ) – The maker of beer and wine reported adjusted quarterly earnings of $2.38 per share, missing the $2.77 consensus estimate, although revenue did beat Wall Street forecasts and Constellation increased its full-year earnings outlook. Shares fell 2.2% in the premarket. Acuity Brands (AYI) […]
Twitter sells MoPub mobile ad network to AppLovin for $1.05 billion
Jack Dorsey, CEO of Twitter and co-founder & CEO of Square, speaks during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter on Wednesday announced the sale of its MoPub mobile advertising network to AppLovin, a game developer […]
Dow Inc, General Motors, U.S. Steel and more
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021. Rebecca Cook | Reuters Check out the companies making headlines in midday trading. Dow Inc. — Shares of the chemicals company dropped 3.3% to lead the blue-chip Dow Jones Industrial Average lower. The decline in Dow’s […]
Former Safeway CEO says Theranos delays raised red flags
Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his […]
Levi Strauss, Twitter, Meredith and more
An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Levi Strauss & Co — Shares of the denim manufacturer rose nearly […]
Why Tesla’s solar business has not yet taken off as Elon Musk promised
It’s been five years since Tesla acquired SolarCity for around $2.6 billion. To convince shareholders to approve the deal, Elon Musk hosted a splashy event in Hollywood, where he held up a shiny roof shingle, which he said was a miniaturized solar panel. SolarCity was founded in 2006 by Musk’s cousins, Peter and Lyndon Rive. […]