NRG
- ECONOMY
Carmakers Forced by Chip Crisis to Rethink Just-In-Time Ordering
(Bloomberg) — A century after automakers showed the world the value of assembly-line manufacturing, a shortage of semiconductors is teaching…
Read More » - Health
The Texas Grid Came Close to an Even Bigger Disaster During February Freeze
The Texas electric grid came within five minutes of a complete collapse in mid-February. The problem could have been much worse. A…
Read More » - ECONOMY
Chrystia Freeland Is Trying to Supercharge Canada’s Growth
(Bloomberg Markets) — When Chrystia Freeland became Canada’s minister of finance in August, she had a mandate from Prime Minister…
Read More » - ECONOMY
Shortage of Asia-Made Jute Bags Threatens Nigerian Cocoa Exports
(Bloomberg) — Nigerian cocoa exporters, which rely on imported jute bags to package their beans, are facing a shortage after…
Read More » - ECONOMY
Engine No. 1’s Exxon Win Provides Boost for ESG Advocates
(Bloomberg) — The rejection of Exxon Mobil Corp.’s management team marks one of the most significant victories for shareholders who…
Read More » - ECONOMY
Cathie Wood’s Bad Spring Is Only a Blip When the Future Is So Magnificent
(Bloomberg Businessweek) — In the weirdest year of our lives, the rise of Cathie Wood is hardly the weirdest thing…
Read More » - ECONOMY
America’s Economic Recovery Isn’t Roaring for Everyone
After more than a year of pandemic, the U.S. economy is roaring back and is now expected to grow by…
Read More » - ECONOMY
Bank CEOs Take Punches From Democrats, Warnings From Republicans
(Bloomberg) — Senator Elizabeth Warren called JPMorgan Chase & Co.’s Jamie Dimon “the star of the overdraft show.” Her Democratic…
Read More » - ECONOMY
Fight Over Solar Subsidy Tests California’s Climate Commitment
“We’ve got to reform the program for the fairness of everyone,” said Kathy Fairbanks, a spokeswoman for Affordable Clean Energy…
Read More » - ECONOMY
Green Finance Hires Political Stars to Protect $30 Trillion Boom
(Bloomberg) — Mark Carney to Brookfield Asset Management. Brexit architect Nigel Farage to DGB Group. A senior Obama aide to…
Read More » - ECONOMY
Municipal Electricity Provider in California Files Bankruptcy
(Bloomberg) — Western Community Energy, a local government agency that sells electricity to six small towns in Southern California, filed…
Read More » - ECONOMY
Climate Voluntarism Won’t Deliver Needed Bank Action, Aviva Says
(Bloomberg) — If the financial-services sector is to play a meaningful role in supporting efforts to limit global warming, climate action…
Read More » - ECONOMY
IBM Turnabout Adds Pressure to Keep Corporate Diversity Promises
(Bloomberg) — The year 2021 is shaping up to set records for diversity proposals at U.S. company annual meetings. Nine out…
Read More » - ECONOMY
Transcript: Daniela Gabor on the Drawbacks of the ESG Boom
(Bloomberg) — It’s no secret that ESG investing has become a big business with tons of money flowing into businesses…
Read More » - ECONOMY
U.S. Warns on Japan Travel; Seychelles Cases Drop: Virus Update
(Bloomberg) — The U.S. said Americans should avoid traveling to Japan, with the country under a state of emergency that…
Read More » - ECONOMY
Biden to Direct $1 Billion for Severe Weather Preparedness
(Bloomberg) — President Joe Biden plans to announce on Monday a doubling of federal spending on preparations for severe weather…
Read More » - ECONOMY
Bank CEOs Headed to Congress Due for Grilling Over Drop in Loans
(Bloomberg) — Wall Street banks spent the pandemic making record profits. Now Democratic lawmakers want them to explain why they…
Read More » - ECONOMY
Ferrari Pitches $500,000 Hybrid Supercar as a Bargain for Daily Driving
(Bloomberg) — The main thing Ferrari will tell you about the 2021 Ferrari SF90 Stradale is how much of a…
Read More » - ECONOMY
Immigrant Dropouts Are Covid’s Invisible Casualties
(Bloomberg Opinion) — You can lose track of a lot of kids in a pandemic. Last fall, I ran into…
Read More » - ECONOMY
Solar Storms Are Back, Threatening Power Grids and Satellites
(Bloomberg) — A few days ago, millions of tons of super-heated gas shot off from the surface of the sun…
Read More » - ECONOMY
Solar Storms Are Back, Threatening Life as We Know It on Earth
(Bloomberg) — A few days ago, millions of tons of super-heated gas shot off from the surface of the sun…
Read More » - ECONOMY
Arctic-Superpower Jostling Heats Up as Russia Takes on Key Role
(Bloomberg) — A battle of words between top Russian and U.S. diplomats this week is the latest sign of rising tensions…
Read More » - ECONOMY
Grill Makers Are Ready for a Busy Summer of Maskless Backyard BBQs
(Bloomberg) — Americans caught the grilling industry by surprise during the first pandemic summer. With interest in barbecuing poised to…
Read More » - ECONOMY
India Inc.’s Profits Won’t Survive Costs, Covid
(Bloomberg Opinion) — Lately, India has had very little to smile about. Something that Colgate-Palmolive Co.’s tepid growth in the…
Read More » - ECONOMY
Green Fuel Push Stirs Food Inflation Fears in Rebound From Virus
Demand for vegetable oils is growing so fast that North America will go from being a surplus region to facing shortfalls…
Read More » - ECONOMY
NextEra Is Blocking a Major New Clean Power Transmission Project
(Bloomberg) — A major new transmission line intended to pipe carbon-free hydropower from Canada into the U.S. Northeast has met…
Read More » - ECONOMY
India to Spend $2 Billion More to Cap Nutrient Price for Farmers
(Bloomberg) — India increased its subsidy for di-ammonium phosphate to shield farmers in the country, where about of 60% people…
Read More » - ECONOMY
Ford Hopes New Electric F-150 Pickup Will Boost EV Street Cred
(Bloomberg) — Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a…
Read More » - ECONOMY
U.S. Federal Reserve Meeting Minutes: April 28 (Text)
(Bloomberg) — Following are the minutes of the Federal Reserve‘s Open Market Committee meeting on April 28: A joint meeting…
Read More » - ECONOMY
The World Economy Is Suddenly Running Low on Everything
(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today,…
Read More » - ECONOMY
The Biggest Ideas in Farming Today Are Also the Oldest
(Bloomberg Opinion) — Earth’s soil can sequester vast amounts of carbon — I’ve known this for years. But it wasn’t…
Read More » - ECONOMY
Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
(Bloomberg) — Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on Friday, contradicting reports earlier this week…
Read More » - ECONOMY
How Do ECB Chiefs Invest Their Own Cash? Not Very Sustainably
When it comes to investing their own money to tackle climate-change or promote better corporate governance, European Central Bank officials…
Read More » - ECONOMY
How to Make Sense of the Surprising Inflation Signals
(Bloomberg Businessweek) — We’ve been told for years that inflation has been too low. Now that it’s finally reached and…
Read More » - ECONOMY
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…
Read More » - ECONOMY
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…
Read More » - ECONOMY
Atomic Superyacht to Offer $3 Million Eco-Tours With Scientists
A nuclear-powered ship full of scientists, activists and billionaires, sailing the world and examining the state of the oceans. That’s the…
Read More » - ECONOMY
The World’s First Carbon Border Tariff, Explained
At least initially, goods produced in the EU will be more expensive than those not subject to emissions-reducing regulations, making…
Read More » - ECONOMY
Samsung Profit Beats Estimates as Mobile Sales Cushion Fab Loss
(Bloomberg) — Samsung Electronics Co.’s profit for the first quarter beat analysts’ estimates as strong smartphone and gadget sales softened…
Read More » - ECONOMY
Russia May Be Carbon’s Last Refuge
(Bloomberg Opinion) — Second in a four-part series on oil-dependent economies and their transition to a zero-carbon future. Read part one…
Read More » - ECONOMY
NYC Tops Weekly Dose Goal; U.K. Set for Reopening: Virus Update
(Bloomberg) — New York’s vaccination program picked up speed last week, with the most populous U.S. city reporting a record…
Read More » - ECONOMY
Why Biden’s Infrastructure Plan Is a Green Jobs Plan
“Once you put capital money to work, jobs are created.” These are not the words of President Joe Biden, announcing…
Read More » - ECONOMY
How to Take Thousands of Big Steel Boxes Off a Ship in the Suez
(Bloomberg) — With every passing day it’s getting more likely that thousands of 40-foot boxes on board the ship blocking…
Read More » - ECONOMY
These Electric Motorcycles Are Set to Take Charge in 2021
(Bloomberg) — The Volcon Grunt isn’t your typical motorcycle. It has cartoonishly blown-up rubber tires and a single cyclops-like LED…
Read More » - ECONOMY
Iranians Charged With Dodging Sanctions With Shell Companies
(Bloomberg) — Ten Iranian nationals were charged in the U.S. with using shell companies to disguise transactions, including the purchase…
Read More » - ECONOMY
These Are the World’s Most Expensive Places to Buy Water
(Bloomberg) — Oslo emerged as the city where a bottle of water is most expensive, and is almost triple the…
Read More » - ECONOMY
Newsom Recall Bid Wraps Up Support as Democrats Tie It to Trump
(Bloomberg) — Opponents of California’s Gavin Newsom on Wednesday must submit the final batch of signatures from voters seeking the…
Read More » - ECONOMY
U.S. Drivers Are Burning More Gas, a Trend Likely to Continue
(Bloomberg) — After a year of setbacks for the oil market, American drivers are underpinning the first rebound in gasoline…
Read More » - ECONOMY
Meet the Woman Leading the Fed’s Crucial Economic Forecasting Team
(Bloomberg) — Stacey Tevlin is the most important person in U.S. economics that you have probably never heard of. She…
Read More » - ECONOMY
BioNTech Sees Higher Dose Capacity; Brazil Deaths: Virus Update
(Bloomberg) — BioNTech SE may be able to produce 3 billion doses of the Covid-19 vaccine with its partner Pfizer…
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