Amazon follows Microsoft, investing big in carbon capture
Amazon CEO Andy Jassy. CNBC After a recent infusion of government money into technology that sucks carbon out of the air, big business is getting in as well. Amazon announced …
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Demand for oil, gas, coal will peak by 2030, says IEA chief
Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention …
McCarthy directs GOP-led House committees to open Biden impeachment inquiry
Republican House Speaker Kevin McCarthy on Tuesday announced that he has instructed three GOP-led committees to launch an impeachment inquiry into President Joe Biden. “This logical next step will give …
Early Revolut backer Lakestar leads $40 million investment in Swan
Swan co-founder and CEO Nicolas Benady. Swan European venture capital giant Lakestar, an early supporter of fintech unicorn Revolut, has emerged as a prominent backer of French fintech startup Swan. …
UAW may implement targeted strikes if no deals reached with automakers
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT — The United …
Birkenstock IPO filing warns of knock-offs on Facebook
Nordstrom department store display of Birkenstock sandals at the Shops at Merrick Park, Miami. Jeff Greenberg | Universal Images Group | Getty Images Birkenstock, the iconic sandal maker founded in …
Durian demand has soared 400%, fueled by China’s ‘craze’ for the fruit
Different varieties of durian fruits on display at a durian stall in Petaling Jaya, Selangor, Malaysia,. Bloomberg | Bloomberg | Getty Images Some say it’s sticky-sweet, others say it smells …
Travelers must pay to visit during the day
Many travelers are accustomed to nightly tourism taxes tacked on to their hotel bills. But daytime taxes are a new ask. Venice’s city council on Tuesday approved a long-awaited regulation …
Amazon says it’s boosting pay for contract delivery drivers
An Amazon driver loads packages into a delivery van at an Amazon delivery station in Alpharetta, Georgia, Nov. 28, 2022. Justin Sullivan | Getty Images Amazon said it plans to …
What hapened the first day of the anti-monopoly trial
Jonathan Kanter, Assistant Attorney General for the Antitrust Division at the Department of Justice, arrives at federal court on September 12, 2023 in Washington, DC. Kevin Dietsch | Getty Images …