The agreement to create an international carbon trading system was one of a slew of announcements made at the United Nations Climate Change Conference in Glasgow, which concluded Saturday. This global carbon market, also known as Article 6, was established six years ago as part of the Paris climate agreement. Nevertheless, officials in Glasgow completed … Read more
While Elon Musk considers selling his Tesla stock, another electric vehicle startup is pleading with you to purchase its. Rivian is going public today, with a valuation of $77 billion and a goal of generating over $10 billion. The IPO is expected to be the seventh-largest on a US stock exchange in history, and the … Read more
Some of the world’s most recognisable corporations are recognising that, if only their business units had their own bedrooms, they’d get a better night’s sleep and be more productive the next day. Let’s start with Johnson & Johnson, which has been in business for 135 years and is the world’s largest manufacturer of health products … Read more
Disney shares fell by 7 percent yesterday after the firm disclosed an abrupt decrease in the number of new members to its streaming service Disney+ on Wednesday. Following the addition of twelve, nine, and twenty one million subscribers in the previous three quarters, analysts predicted that the Dory avatar profiles would continue to pour in for … Read more
Inflation claimed it only needed a place to rest while it regained its footing, but it has now officially relocated to the area. Consumer prices soared higher than predicted this month, rising 6.2 percent on an annual basis, marking the largest increase in over 3 decades, according to data released yesterday by the Labor Department. … Read more
On Sunday, a tragedy occurred at a music festival and now more than a dozen lawsuits have been filed against event organiser Live Nation Entertainment and musician Travis Scott. Over 300 people were treated for injuries, with 13 of them still hospitalised as of yesterday. Eight persons between the ages of 14 and 27 perished, while over … Read more
Elon Musk recommended selling $21 billion worth of his Tesla Stock, on Saturday. Rather of speaking with experts or lawyers, he went the Elon Musk route and created a poll on Twitter, asking his followers to vote. “I will abide by the outcome of this poll,” he declared. After 3.5 million votes, 58 percent of voters … Read more
We know we shouldn’t say it, but yesterday morning offered a double dose of goodness that rendered coffee obsolete. First, there’s the employment report. The US outperformed predictions in October, adding 531,000 jobs while the rate of unemployment fell from 4.8 percent to 4.6 percent. Jobs were added in a variety of areas, with the hotel and … Read more
Viral videos can lead to many things – overnight stardom for creators, extreme popularity for products and attention to issues which may otherwise be neglected. Similarly, a video by CNN has brought peoples attention to the issue of rising milk and other food prices. In the video a family complaints about the current price of milk ($2.96 per gallon) … Read more
The Federal Reserve said later in November that it will begin lowering its asset purchases by $15 billion per month, marking a critical milestone in the US’ recovery from the economic crisis due to the Covid-19 pandemic. Investors expect the Federal Reserve to begin raising interest rates, which are now around zero, when the programme expires next … Read more