NRG
- ECONOMY
Inflation Strikes Again. These Investors Are Looking Past It.
(Bloomberg) — The specter of inflation is driving some investors out of pricier parts of the stock market, yet many…
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Kerry Signals U.S. Is Open to Coordinate Green Diplomacy With EU
(Bloomberg) — U.S. climate envoy John Kerry told the European Union he was open to coordinating with the bloc in…
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Hackers Find Easy Prey as U.S. Ignores One Warning After Another
(Bloomberg) — The ransomware attack that shut down the nation’s biggest fuel pipeline prompted an all-too familiar question in the…
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Transcript: Viktor Shvets on Inflation and the Next Financial Crisis
(Bloomberg) — On this episode of Odd Lots, we speak with Macquarie Strategist Viktor Shvets, to get his take on inflation. Unlike…
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Pipeline Hack Exposes Brutal Vise of Cyber-Era Extortion Schemes
(Bloomberg) — The attack that hit Colonial Pipeline last week is a novel form of cybercrime that puts normally staid…
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How Uber and Lyft Are Losing the Race to the Electric Future
(Bloomberg) — When Curt Kinder bought a new electric Chevy Bolt three years ago, he wanted an excuse to drive…
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In China’s Biggest Cities, One in Five Cars Sold Is Now Electric
Electric and hybrids now account for about one-fifth of new car sales on average in the six biggest Chinese cities,…
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Biden Has Emergency Powers to Counter Fuel Disruption
(Bloomberg) — A cyberattack on the nation’s biggest fuel pipeline system has threatened to disrupt the supply of gasoline, jet…
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An Island Tax Haven Shows How Brexit Fight Over Fish Isn’t Over
(Bloomberg) — From his restaurant at an old Nazi military bunker on Jersey’s rocky northwest coast, former fisherman Sean Faulkner…
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Colonial Is Just the Latest Energy Asset Hit by Cyber-Attacks
(Bloomberg) — A cyber-attack has never taken down a U.S. fuel pipeline quite as big as the Colonial Pipeline. It’s…
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Google’s Main Business Could Use Some Moonshots
(Bloomberg Opinion) — When Google renamed itself Alphabet Inc. in 2015, co-founder Larry Page revealed that one of the new…
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The Chinese Government Needs to Become a Clean Energy Supermajor
(Bloomberg) — China is turning to its state-owned coal power companies to helm the next stage of the country’s renewables…
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How an Oil Company Becomes a Renewables Company
Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return…
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Chinese Electric Car Maker Nio Eyes Europe With Norway Foray
(Bloomberg) — Chinese electric car upstart Nio Inc. will take its first step outside its home market, opening a showroom…
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U.S. and Russia Are on a Collision Course in the Black Sea
(Bloomberg Opinion) — Ukrainians breathed a collective sigh of relief last month when Russian President Vladimir Putin said he would…
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Indebted Eskom Balks at Power Deal Offered by Turkish Generator
Eskom Holdings SOC Ltd., South Africa’s state power utility, doesn’t want to buy electricity from the company that won most…
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Stefanik’s Rise in House GOP Power Fueled by Loyalty to Trump
(Bloomberg) — New York Republican Representative Elise Stefanik, who is poised to replace Wyoming’s Liz Cheney as chair of the…
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Barclays Shareholders Reject Second Climate Change Resolution
(Bloomberg) — For the second year in a row, Barclays Plc shareholders rejected a proposal that would require the bank…
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Corn’s Hot Summers Tend Not to Last
(Bloomberg Opinion) — It’s going to be a good summer for corn farmers. Speculators best hope it’s a very dry…
Read More » - Health
Activist Thunberg says global leaders still in denial over climate
Swedish teenage climate activist Greta Thunberg speaks during a demonstration of the Fridays for Future movement in Lausanne, Switzerland January…
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Inflation Risk Intensifies With Supply Shortages Multiplying
(Bloomberg) — Signs of inflation are picking up, with a mounting number of consumer-facing companies warning in recent days that…
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French parliament approves climate change bill to green the economy
France’s National Assembly on Tuesday approved a wide-ranging climate change bill that will prevent future airport expansions, prohibit open-air terrace…
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Commodities Jump to Highest Since 2011 on Rebound From Virus
(Bloomberg) — Commodities jumped to their highest in almost a decade as a rebound in the world’s largest economies stokes…
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U.S. approves massive solar project in California desert
Arrays of photovoltaic solar panels are seen at the Tenaska Imperial Solar Energy Center South as the spread of the…
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We Basically Already Know How to Meet Biden’s Climate Targets
(Bloomberg) — At his Earth Day climate summit, President Joe Biden made official what had been expected for weeks: The…
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With World’s First Electric Station Wagon, Porsche Delivers on Utility
(Bloomberg) — Let’s hit this off the bat: The 2021 Porsche Taycan Cross Tourismo is a station wagon. Porsche isn’t…
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India Covid Cases Slow; Singapore Sees Flareup: Virus Update
Prime Minister Narendra Modi has lost a crucial election as India’s Covid crisis deepens, with an official in his Bharatiya…
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Tesla Is on Thin Ice With Chinese Regulators
(Bloomberg Opinion) — Elon Musk has done a better job at selling and making cars in China in just two…
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Warren Buffett Touted America. Too Bad He Didn’t Buy.
(Bloomberg Opinion) — Warren Buffett is feeling much better since “the economy went off a cliff” last March. He admits…
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How Germany’s Greens Moved From Fringe to Contenders
(Bloomberg) — Germany’s Green Party has come a long way from its origins as an environmental fringe group back in…
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Transcript: Stinson Dean On The Soaring Price Of Lumber
It was not a great business to be in. We were just flooded with lumber partially because we were over…
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Covid Boost for Global Car Sales to Spark a Surge in Oil Demand
(Bloomberg) — It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping…
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Killing Trump’s Rule? Congress Has an Act for That
(Bloomberg) — Like presidents before him, Donald Trump raced to finalize new rules before he left office in January. Now…
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Waterways Are Drying Up in Key South American Crop-Shipping Hubs
(Bloomberg) — The South American drought that’s helping push corn and soybean prices to multiyear highs isn’t just threatening crops,…
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Draghi Bets 261 Billion Euros to Redesign Italy’s Economy
(Bloomberg) — Prime Minister Mario Draghi has just a few days to refine what he calls a “historic” plan to…
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Cow Cocktails and Vaccines Join the Battle to Reach Net Zero
(Bloomberg) — Cows in New Zealand are getting a cocktail typically associated with hipsters in New York or London. Branded…
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Global Travel Braces for Vaccine-Powered Revival
(Bloomberg) — Even as the coronavirus pandemic continues to rage in many corners of the world, places that have successfully…
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Total Suspends Mozambique LNG Indefinitely on Security Threat
French energy giant Total SE suspended its $20 billion liquefied natural gas project in Mozambique indefinitely after an escalation of…
Read More » - Health
U.S. moves to ax Trump rule banning California emission regulations
Commuters navigate early morning traffic as they drive towards downtown in Los Angeles, California, U.S., July 22, 2019. REUTERS/Mike Blake/File…
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Temasek Joins 64-Year-Old Founder on Path to Next India Unicorn
(Bloomberg) — Ronnie Screwvala pioneered cable television in India in the 1980s and then built a unicorn that was acquired…
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Biden Offers Rare Praise for Russia’s Putin: Climate Update
(Bloomberg) — Day two of President Joe Biden’s international climate summit commences on Friday. Biden pledged during the first day…
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Wall Street’s Trillion-Dollar ESG Club Comes With Huge Tax Perks
(Bloomberg) — Bank of America Corp. sparked a stir in January — and a little envy — with just a few lines of…
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Biden Gets No Fresh Starts on Complicated U.S. Foreign Policy
(Bloomberg Businessweek) — “America is back,” President Biden said in February, promising a diplomacy-centered reset of foreign policy. When it…
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There’s a New ‘Organic’ Food That Fights Global Warming
(Bloomberg) — The pandemic turbocharged many trends that were already underway when the coronavirus struck the U.S. early last year. One of…
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India’s Covid Crisis Saps Fuel Demand in Warning to Oil Recovery
(Bloomberg) — India’s deadly second Covid-19 wave has brought an abrupt halt to its nascent recovery from the pandemic, with…
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Biden’s Climate Summit Shows How Far U.S. Leadership Has to Go
(Bloomberg) — President Joe Biden convened world leaders for a two-day virtual climate summit on Thursday to send a message…
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Cathie Wood’s ARK Has Bitcoin and Solar Backwards
(Bloomberg Opinion) — Does this look like an industry that has a problem with costs? Cathie Wood’s ARK Investment Management…
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What’s Next for Chad After Long-Serving President Deby’s Death
(Bloomberg) — Chad has only had one ruler since Idriss Deby came to power in an uprising 30 years ago.…
Read More » - Health
Putin calls for Russian greenhouse gas emissions to be lower than EU’s
Russian President Vladimir Putin gestures as he delivers his annual address to the Federal Assembly in Moscow, Russia April 21,…
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Cold Front Sweeps Through Central U.S. Toppling Daily Records
(Bloomberg) — Record-setting cold is gliding through the central U.S. and will seep to the East Coast Thursday before temperatures…
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