We’re adding four stocks to our Investing Club Bullpen, including Starbucks (SBUX) and Airbnb (ABNB). Jim Cramer announced them in Thursday’s “Monthly Meeting.” The Bullpen should be treated like a watch list of sorts and an outside area to perform homework and due diligence. As the baseball metaphor suggests, it consists of stocks in reserve
Energy
Date/Time: August 30, 2022 (1-2PM ET/10-11AM PT) As pressure mounts for corporations to see both financial return and greenhouse gas emissions reductions with their transition to EV fleets, charging management software could be the answer. AMPLY Power and WattTime have partnered to help fleets to automatically charge when electricity generated GHG emissions and costs are
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Oil is all about Russia Quick mentions: AMD, F Eli Lilly reports Thursday 1. Oil is all about Russia U.S. oil prices, as measured by West Texas Intermediate crude futures
It has been a rough month for the crypto sector, and it’s only the third day of August. From cross-chain bridge hacks draining hundreds of millions of dollars in customer funds to the Securities and Exchange Commission coming after crypto ponzi schemes, this corner of the market can’t catch a break. The developments add to
The race to electrify last-mile delivery is on as e-commerce usage grows and, along with it, the potential for accompanying emissions to rise significantly. Last year, IKEA and peer-to-peer truck sharing platform Fluid Truck, based in Denver, teamed up to electrify IKEA’s entire New York City last-mile delivery fleet. “IKEA has zero-emission delivery ambitions in
In this article MSTR MicroStrategy‘s Michael Saylor is leaving his role as CEO to become Executive Chairman of the company, according to a statement released by the company on Tuesday afternoon. The company’s president, Phong Le, will take the reins from Saylor. Saylor has been in the role of chief executive since launching the company
For the past year and a half, the Build Back Better agenda has been on a roller-coaster ride — and I am not talking about those easygoing kids’ rides either. I’m talking about the rides that spin you upside down and twirl you around, only to flatten out, giving the impression it’s over, and then
A BP gas station in Madrid, Spain. Sopa Images | Lightrocket | Getty Images LONDON — U.K. oil giant BP on Tuesday raised its dividend and boosted share buybacks after tripling second-quarter profits on robust refining margins and trading. The British energy major posted second-quarter underlying replacement cost profit, used as a proxy for net
It’s an undeniably compelling notion: Take waste plastics of all types and turn them back into the building blocks for new plastics, indistinguishable from the same molecules made from petroleum and natural gas. And not just with consumer packaging but also such hard-to-recycle items as shrink wrap, agricultural plastics, carpeting, building materials, synthetic textiles, even
Europe is facing an unprecedented gas crisis. Picture Alliance | Picture Alliance | Getty Images Europe is facing an unprecedented energy crisis that’s pushing the economy closer to a recession and posing serious questions about the region’s climate change ambitions. CNBC takes a look at how Russia, led by President Vladimir Putin, is squeezing gas
In May, Colorado Gov. Jared Polis signed into law the strongest state bill to date restricting the sale of PFAS “forever chemicals” in an array of consumer products and, for the first time, in the fluids used to extract oil and gas products (such as for hydraulic fracturing). The law phases out the use of
Sen. Joe Manchin in the U.S. Capitol on Tuesday, June 14, 2022. Sen. Joe Manchin, D-W.Va., and his staff told Democratic leadership on Thursday that he’s not willing to support major climate and tax provisions in a sweeping Biden agenda bill, according to a Democrat briefed on the conversations. Tom Williams | Cq-roll Call, Inc.
Marks & Spencer is removing “best before” dates from a range of fresh produce sold in its stores nationwide, in a bid to cut down on food waste both in households and its shops, it announced July 17. The retailer is planning to remove “best before” dates from the labels of over 300 fruit and
This article originally appeared in our Circularity Weekly newsletter. Subscribe here. Imagine if a significant portion of the textiles that cannot be reused in their current form could be recycled. That’s part of the vision for the base-case and upside-case scenarios laid out in a recent report on textile recycling in Europe from the consulting firm
This week’s run time is 38:32. WEEK IN REVIEW (4:45) FEATURES Leadership Lessons: Bess Winston, The Winston Agency (17:40) This spring, the WSLA Alumnae Group recognized 11 women at the forefront of the sustainability profession. These leaders have made a difference by advancing new technologies or strategies, by overcoming personal and professional obstacles and by
Club holding Chevron (CVX) reported strong quarterly results before the opening bell on Friday. The energy giant reported revenue of $68.76 billion, handily beating expectations of $59.42 billion. Adjusted earnings of $11.4 billion, or $5.82, per share for the quarter, exceeded the $5.06 per share consensus. Bottom line It was a very solid quarter from
After almost two years of uncertainty and the ever looming threat of losing the congressional majority without passing any major climate legislation, Democratic Senators are finally ready to support a bill that offers incentives for crucial climate technologies. Senators Chuck Schumer (D-NY) and Joe Manchin (D-WV) announced July 27 their intention to introduce the Inflation