Articles by tag: Bloomberg

Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken

clean energy wind turbines

(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]

Read More

Latest

Articles
American Airlines Sees Profit Above Estimates on Steady Demand

(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]

Read More
Articles
US Economy Cools Like the Fed Wants, Still Risks a Stall in 2023

(Bloomberg) — The US economy beat expectations in the last quarter of 2022, posting the kind of mild slowdown that the Federal Reserve wants to see as it attempts to tame inflation without choking off growth. Economists who dug into the details, though, saw enough warning signs – especially in weakening demand among American consumers […]

Read More
Business Services
Robinhood Launches IPO, CEO Vlad Tenev Responds

Robinhood is now officially trading on the NYSE. At the initial price of $38 per share (a 32 billion dollar valuation), Robinhood hopes to ride the wave of recent IPOs and gain even more leverage in the trading circles. Listen below as CEO and President Vlad Tenev break down the trading app’s hopes and expectations […]

Read More
Articles
Hilton Beats Expectations on Heavy Demand for U.S. Vacations

(Bloomberg) — Hilton Worldwide Holdings Inc. reported better-than-expected results for the second quarter, as travelers made up for lost vacations. The company reported adjusted earnings per share of 56 cents, according to a statement Thursday, beating the average analyst estimate of 39 cents. Its shares surged as much as 4.2%, the biggest intraday jump in […]

Read More
Articles
Clean Energy Producers Are Eyeing Old Coal Plants—for the Wiring

(Bloomberg) — As demand for clean energy surges, would-be developers are struggling to find enough transmission lines to carry power to the people. One increasingly popular solution: retired coal plants. Much as a special-purpose acquisition company offers entrepreneurs quick access to public markets, a retired power facility offers renewable energy producers a back door onto […]

Read More
Sciences
WATCH: Jeff Bezos’ First Interview After Returning from Space

Amazon.com co-founder Jeff Bezos returned safely from Blue Origin’s first-ever crewed space flight. Tune in below to watch his first televised interview and hear his initial reactions after landing back on earth. “Honestly, I’m not talented enough to describe this in words. I can’t figure it out. It was much more than I expected. It’s […]

Read More

Latest

digital solutions
Digital Solutions at the Heart of Energy Transition: ABB’s Strategy for a Greener Tomorrow
March 19, 2024

As the world embarks on a pivotal energy transition, companies like ABB are at the forefront, integrating digital solutions to support this shift. By focusing on sustainability, reliability, and the development of in-country value, ABB is reshaping how the energy sector operates, making it more efficient and adaptable to new challenges such as renewable […]

Read More
data migration
Data Experts to the Rescue! Syniti Navigates Your Utility’s Data Migration Maze with Ease
March 19, 2024

In the rapidly evolving utilities industry, the transition towards modern and efficient data management systems is fraught with challenges, yet essential for scalability and sustainability. As companies strive for modernization, data migration emerges as a critical yet complex task, highlighted by the risk of data loss, the need for stakeholder engagement, and the potential […]

Read More
operational technology
Skydio Pioneers Future of Utility Sector with Groundbreaking Operational Technology
March 18, 2024

The utility industry, at a pivotal moment of transformation, is witnessing a technological renaissance, spearheaded by innovative companies like Skydio. The Skydio X10 drone, a marvel of modern engineering, is revolutionizing how utilities inspect and maintain critical infrastructure, offering unmatched precision and reliability. This advancement is not isolated; it’s part of a broader trend […]

Read More
Chad Newtown of Osmose Utilities Services on utility infrastructure
Creating and Preserving Resilience is Priority for Utility Infrastructure
March 18, 2024

Growing conversations surrounding climate change have also intensified discussions on the frequency and severity of weather-related disasters, and the resilience of utility infrastructures, particularly power grids. As a result, examining the dynamic world of utility infrastructure is increasingly pertinent. This urgency to bolster the structural integrity of the electrical grid cannot be overstated since […]

Read More
Other Articles
How Blue Origin Kept Jeff Bezos and Team Safe
July 20, 2021

Blue Origin New Shepard Design Senior Director Garry Lai discusses the precautions the company has taken to prepare for their first manned space flight carrying owner Jeff Bezos, and the safety features that the New Shepard spacecraft has been fitted with. Host: Gary, thank you so much for joining us. It’s wonderful to have you […]

Read More
Key Takeaways From the June U.S. Retail Sales Data
July 19, 2021

US Retail sales jumped .6% in June over May and 18% over June of last year. Tune in below as Stacey Widlitz, president of SW Retail Advisors, breaks down the June U.S. retail numbers and what they mean for the American economy. “I think what’s most interesting is a lot of brands are saying that’s […]

Read More
What are the Details Behind Apple’s Forthcoming ‘Buy Now, Pay Later’ Service?
July 16, 2021

Apple Inc. is working on a new service that will let consumers pay for any Apple Pay purchase in installments over time, rivaling the “buy now, pay later” offerings popularized by services from Affirm Holdings Inc. and PayPal Holdings Inc. Watch below for more details on the upcoming offering. “The interesting part here is you can […]

Read More
Nissan CEO Makoto Uchida on Lowering Cost of Electric Vehicles
July 14, 2021

In 2019, the average cost of a new electric car was $55,600. However, according to the same data the average cost of a new car at that same point in time was only $36,600. Nissan’s CEO Makoto Uchida hopes that Nissan can be a catalyst that helps make EVs more affordable for consumers. Tune in […]

Read More
Richard Branson Reflects on Being in Space, What it Means for Virgin Galactic’s Future
July 12, 2021

Virgin Galactic completed a successful test flight to space last weekend, signaling a massive jump in the space tourism market. On board was none other than Virgin Founder Sir Richard Branson himself. Tune in below to see his thoughts on being a passenger on the vessel and what it means for the future of the […]

Read More
Recruit CEO Discusses the Market Challenges in New Hiring Technology and AI
July 11, 2021

Japan’s biggest web company Recruit Holdings will have greater focus on Jobs and staffing business. Recruit is also the owner of the world’s biggest employment portal Indeed.com and Glassdoor. Watch below as CEO Hisayuki Idekoba, who took the position in April, spoke about challenges getting HR managers to look online for candidates.     Idekoba: […]

Read More
Pfizer Plans to Request FDA Authorization for Covid Booster
July 9, 2021

Pfizer Inc. and BioNTech announced plans to request U.S. emergency authorization for a third booster dose of its vaccine. The release states, “Pfizer and BioNTech have seen encouraging data in the ongoing booster trial of a third dose of the current BNT162b2 vaccine. Initial data from the study demonstrate that a booster dose given 6 […]

Read More
Are Oil Prices Going to Keep Rising?
July 7, 2021

Daniel Hynes, Senior Commodities Strategist at Australia & New Zealand Banking Group Ltd., discusses the outlook for oil, which climbed back above $76 a barrel after OPEC+ ended days of talks without reaching a deal to bring back more halted output next month. Host: What are you expecting in terms of prices, given what we’re […]

Read More
Exploring Jeff Bezos’ Final Days as Amazon CEO
July 6, 2021

Amazon Founder Jeff Bezos has officially stepped down as the active CEO of the retail giant. Tune in to hear Bloomberg’s Matt Day describe what Jeff Bezos’ last days as the CEO of Amazon were like as he handed the baton off to Andy Jassy.   Host: So, gosh, Matt, I mean, where do we […]

Read More