69.48 F
New York
October 25, 2021

Plans

Biden administration details new plans for air travel for foreign nationals starting next month

CNN
USA TODAY – For more and to sign up click here The change will relax a patchwork of bans that had begun to cause fury abroad and replace them with more uniform requirements for inbound international air passengers. It will come as welcome news to the travel industry, which had......

HSBC reports 76% jump in third-quarter profit, plans $2 billion share buyback

CNBC
CNBC – For more and to sign up click here HSBC on Monday reported third-quarter earnings that handily beat expectations and announced plans for a share buyback of up to $2 billion. The bank’s reported pre-tax profit for the third quarter jumped 75.8% from a year ago to $5.4 billion.......

Fossil Fuel Drilling Plans Undermine Climate Pledges, U.N. Report Warns

@BreaknNews
WASHINGTON — Even as world leaders vow to take stronger action on climate change, many countries are still planning to dramatically increase their production of oil, gas and coal in the decades ahead, potentially undermining those lofty pledges, according to a United Nations-backed report released Tuesday. The report looked at......

Chinese EV maker Xpeng launches flying car that can also operate on roads; plans for 2024 rollout

CNBC
CNBC – For more and to sign up click here HT Aero, an affiliate of Chinese electric carmaker Xpeng Inc., launched a new vehicle capable of flying in the air and driving on roads. The launch of HT Aero’s 6th–generation model happened at the Xpeng Tech Day on Sunday, October......

UK plans 8 billion pounds of extra health and education spending

Reuters
Britain’s Chancellor of the Exchequer Rishi Sunak meets U.S. Treasury Secretary Janet Yellen (not pictured), in London, Britain June 3, 2021. REUTERS/Hannah McKay/File Photo Health ministry to receive 5 bln stg over 3 years for R&D Further education to get 3 billion pound boost Billions more for foreign investors, regional......

ADM unveils plans to sell ethanol facility

FoodBusinessNews
CHICAGO — BioUrja Group, a Houston-based owner and operator of multiple businesses in the energy and agricultural commodities sector, has reached an agreement to acquire an ethanol production complex in Peoria, Ill., from ADM. Financial terms of the transaction were not disclosed. Amit Bhandari, chairman and chief executive officer of......

Stellantis powers up electric plans with Samsung SDI U.S. deal

Reuters
A Stellantis sign is seen outside the company’s headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Follows similar deal with battery maker LGES JVs to provide up to 80 GWh annual battery capacity Stellantis aims for over 40% of U.S. sales from EVs Group targets global......

Contrails: How tweaking flight plans can help the climate

BBC
https://www.bbc.co.uk/news/business-58769351?at_medium=RSS&at_campaign=KARANGA Prof Marc Stettler, transport and environment lecturer at Imperial College London, says changing the altitude of fewer than 2% of flights could potentially reduce contrail-linked climate change by a staggering 59%. “Tweaking the flight elevation by just a thousand feet can stop some contrails from forming,” he explains. BBC......

Google plans to lower the cut it takes in its app store to 15 percent.

New York Times
Google said it planned to lower the cut it takes on subscription-based apps in its Play Store for devices running its Android software, in the latest concession to regulatory pressure challenging whether the company has overcharged developers. In a blog post on Thursday, Google said it would reduce its commissions......

Nestle raises sales growth outlook, plans for more pricing actions

FoodBusinessNews
VEVEY, SWITZERLAND — Organic sales growth and rising input costs should continue to impact financial results for Nestle SA through the rest of this fiscal year and into 2022 as well. Nestle executives, when giving results for the year’s first nine months on Oct. 20, said they now expect organic......

Sinema blows up Dems’ plans to tax high earners, corporations

Politico
Politico.com – For more and to sign up click here Though Sen. Joe Manchin (D-W.Va.) has advocated raising rates on high-income earners, corporations and capital gains, Sinema has landed to the right of Manchin on tax policy. And Democrats need to choose, quickly, to keep trying to convince Sinema or......

An entire block of vacant storefronts: Delayed office return plans stymie midtown Manhattan’s recovery

CNBC Real Estate
People walk past office buildings in midtown Manhattan on May 7, 2021 in New York City. Angela Weiss | AFP | Getty Images Before the pandemic, it would take Rob Byrnes at least 15 minutes to wait in line and grab a quick lunch at a fast-casual restaurant in midtown......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO, Oct 1 (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
FILE PHOTO: The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Google abandons plans to offer bank accounts to users

CNBC
CNBC – For more and to sign up click here Google Pay Omar Marques | LightRocket | Getty Images Google is scrapping its plans to offer banking services directly to users. The shift comes nearly two years after the company first announced its banking plans and several months after a......

Pence plans return trip to Iowa in November

Politico
Politico.com – For more and to sign up click here The former vice president has also made visits to New Hampshire and South Carolina, two other critical states with early presidential nominating contests. Pence is also building out his personal political infrastructure after spending the previous four years under the......

Dems’ shameless attempt to redefine reality about the cost of their spending plans

NYPost
Rich Lowry If Democrats get their reconciliation bill, it won’t be because they convinced the American public that its true cost is zero. As the political prospects of the bill have sagged, Democrats are trying to recalibrate by arguing a generational spending binge really won’t cost anything at all. Citing......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More