Articles by tag: Bloomberg
(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 […]
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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. […]
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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 […]
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 […]
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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 […]
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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 […]
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 […]
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Grocery Retailers Need to Adopt Adaptive Supply Chain Strategies to Stabilize Rising Grocery Prices
As recent reports highlight a cooling in overall inflation rates, the grocery sector tells a different story. Over the past three years, grocery prices have surged by 21%, outpacing the general inflation rate of 18% during the same period. This divergence is particularly pronounced in certain food items, where price increases have reached as […]
Old Systems are Creating Cybersecurity Challenges for Healthcare Orgs
Healthcare organizations face significant hurdles in maintaining strong and secure cybersecurity measures as tech evolves. Some of that is due to aging network infrastructures and high costs of essential software, which have created complex cybersecurity challenges. As healthcare continues to rely increasingly on digital solutions for patient care, the stakes for securing these systems […]
Healthcare Providers Must Combine Zero Trust Architecture and Threat Modeling to Address Cybersecurity Challenges
In today’s increasingly digital world, the healthcare sector faces significant cybersecurity challenges, necessitating urgent and sophisticated responses. The recent draft guidance issued by the FDA on cybersecurity for medical devices highlights a critical juncture for the industry: the need to implement and scale best practices in cybersecurity is more pressing than ever. As healthcare […]
New Penalties is a Push to Mitigate Cybersecurity Threats in Telecommunications and Healthcare
Cybersecurity has emerged as a critical issue in telecommunications and healthcare—two industries intertwined as essential services. With both sectors recognized as critical infrastructure, the consequences of cyber attacks can be far-reaching, impacting everything from individual privacy to national security. While recent regulatory changes are aiming to tighten security protocols, it also raises questions about […]