The Dow Is Wavering After Jobs Report Disappoints—and What Else Is Happening in the Stock Market Today
By Jack Denton and Jacob Sonenshine (Fri, October 08, 2021) The stock market was wavering on Friday after the September jobs report missed estimates, though the data were better than the headline result would suggest. By midday, the Dow Jones Industrial Average was up 23 points, or 0.1%, while the S&P 500 was little changed and the Nasdaq Composite was down 0.2%. All three […]
Congo’s $6 bln China mining deal ‘unconscionable’, says draft report
By Aaron Ross and Helen Reid (Fri, October 08, 2021) Democratic Republic of Congo should renegotiate its $6 billion infrastructure-for-minerals deal with Chinese investors, according to the draft of a report commissioned by a global anti-corruption body of governments, companies and activists. The draft, seen by Reuters, describes the deal that was first signed in 2008 as “unconscionable” […]
Nikola, TC Energy to jointly develop hydrogen production plants in U.S., Canada
By Reuters (Thu, October 07, 2021) Nikola (NKLA.O) is joining hands with Canadian pipeline operator TC Energy Corp (TRP.TO) to build and operate plants for hydrogen production to meet the electric-truck maker’s fuel supply needs of its vehicles, the companies said on Thursday. Under the agreement, the two companies are planning to build their plants in the United States […]
JPMorgan shares patents to spur low-carbon technology development
By Elizabeth Dilts Marshall (Thu, October 07, 2021) JPMorgan Chase & Co (JPM.N) on Thursday said it would allow others to use its intellectual property in hopes of speeding up the transition to low-carbon technology and energy sources. The bank is making several key patents related to how it efficiently cools and ventilates its massive data centers […]
Full Battery in 15 Minutes: World’s Fastest Electric Car Charger is Launched
By Good News Network (Wed, October 06, 22021) ABB has launched an innovative all-in-one Electric Vehicle charger which provides the fastest charging experience on the world market. The new Terra 360 is a modular charger which can simultaneously charge up to four vehicles with dynamic power distribution. This means that drivers will not have to […]
GM sets to double revenue, lead US in electric vehicle sales
By Tom Krisher (Wed, October 06, 2021) General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most […]
Healthcare Leaders Gather to Address World’s Most Widespread Public Health Crisis: Loneliness and Isolation
By PRNewswire (Tue, October 05, 2021) On October 13th, the Foundation for Social Connection, a non-profit dedicated to ensuring the development of evidence-based solutions for a socially engaged society, and Social Health Labs, a social impact organization founded to facilitate innovation in the social health space, will host Connect+Healthcare, the fifth in a unique series of interactive events focused on […]
Connected Personal Alarm Market Size to Reach $250 Billion by 2030 – CAGR:18.0% – Straits Research
By GLOBE NEWSWIRE (Tue, October 05, 2021) The global connected personal alarm market is expected to reach USD 250.9 million by 2027 with the CAGR of 18.0%. The demand for connected personal alarms is growing due to increasing threats against women and children. According to the UN organization, 71% of victims of human trafficking are women and […]
Neste sells base oils business to Chevron
By HELSINKI (Mon, October 04, 2021) Finnish biofuel producer and oil refiner Neste (NESTE.HE) on Monday said it will sell its base oils business to U.S. group Chevron (CVX.N). The agreement with Chevron will cover Neste’s Porvoo base oils production volumes, its premium brand NEXBASE, all formulation coverage associated with the brand as well as a global marketing […]
Korea reopen their phone lines in the face of Seoul’s attempt to re-establish ties
By Hyonhee Shin (Mon, October 04, 2021) The two Koreas on Monday restored their hotlines that the North cut months ago, and Pyongyang urged Seoul to redouble its efforts to improve relations after criticizing alleged double standards in weapons development. North Korean leader Kim Jong Un expressed a willingness last week to revive the hotlines, […]