Siemens Gamesa claims world-first in blade recycling Wind Turbine Giant Siemens Gamesa has claimed their recyclable blades are “the world’s first recyclable wind turbine blades ready for commercial offshore use The company has also reported that they will work with RWE a German utility company to install and pilot the blades at the Kaskasi offshore… Continue reading Business News – 09-07-2021
Category: Business News
Business News – 09-07-2021
UAE reports plan to boost economy, but businesses await more details With their launch of a series of programs to help stimulate and diversify the economy, the United Arab Emirates seeks to attract about $150 billion in new foreign investment in the next 10 years The country says that they plan to invest heavily into… Continue reading Business News – 09-07-2021
Business News – 09-03-2021
Alaska and American Airlines to end pay protections for unvaccinated staff with Covid Alaska Air and American Airlines have announced that they will end pay protections for unvaccinated workers who contract or come in contact with Covid The change starts October 1 and unvaccinated workers will have to use their sick time or medical leave… Continue reading Business News – 09-03-2021
Business News – 09-02-2021
Ford Sales in US drop 33% in August as chip shortage causes concern for auto industry Ford’s August sales of its new vehicles declined by 33.1% from a year earlier in the U.S. due to an ongoing global shortage of semiconductor chips The Detroit automaker’s sales capped off a disappointing month of U.S. auto sales,… Continue reading Business News – 09-02-2021
Business News – 08-20-2021
Weber and Traeger invest in new technology to improve barbecue grills Major grill manufacturers like Weber and Traeger are investing in technology that uses connectivity to smartphone devices to make grilling easier Trager has recently made a $100 million purchase of a connecting cooking start-up called Apption Labs in July More than $1.8 billion worth… Continue reading Business News – 08-20-2021
Business News – 08-31-2021
Allbirds reveals their continued losses as they file for IPO On August 31, sustainable shoe maker Allbirds said that they have lost money since the start and expect to be unprofitable in the foreseeable future as they file for an initial public offering Allbirds is hoping to cash in on increasing demand, especially among younger… Continue reading Business News – 08-31-2021
Business News – 08-30-2021
Vaccination Incentive doubled at Krispy Kreme Locations With COVID-19 cases increasing again, Krispy Kreme has doubled their free doughnut vaccination incentive where customers who show proof of vaccination will receive two free doughnuts until September 5 In March, Krispy Kreme was one of the first businesses to roll out a nationwide Covid vaccine incentive, offering… Continue reading Business News – 08-30-2021
Business News – 08-27-2021
Tesla has applied to become a Texas electricity provider Tesla filed an application with the Texas Public Utility Commission to sell electricity in the state as the company’s big battery build-out in Angleton, Texas comes online The company aims to connect a 100 megawatt energy storage system to the grid and has already built several utility-scale… Continue reading Business News – 08-27-2021
Business News – 08-26-2021
Dollar Tree and other discount stores suffer from increased supply change costs COVID-19 outbreaks and congested ports have drastically increased the cost of moving merchandise across the world Dollar Tree said Thursday that rising freight costs will drag down its earnings by $1.50 to $1.60 per share — more than double the 60 cents to… Continue reading Business News – 08-26-2021
Business News – 08-24-2021
Sweetgreen acquires Spyce and their advanced kitchen tech A Boston restaurant company that specializes in automated kitchen technology named Spyce has been acquired by Sweetgreen Since its founding in 2015, Spyce has raised over $24 million from investors including a famous chef, Daniel Boulud Sweetgreen could be more attractive to investors through this new deal… Continue reading Business News – 08-24-2021
Business News – 08-23-2021
Federal Maritime Commissioner promises agency will further investigate cruise line refunds The Federal Maritime commission has been investigating the cancellation policies and safety protocols of the cruise industry during the pandemic An update on the findings will likely be available early this upcoming week, the group’s commissioner, Louis Sola, said in an interview Chinese Energy… Continue reading Business News – 08-23-2021
Business News – 08-19-2021
Starlink internet satellites will have new capabilities as SpaceX plans to use with Starship Elon Musk’s SpaceX has disclosed new details about their plan for the next generation Starlink satellites on August 18 in federal filings SpaceX also want to use their Starship rocket as the primary vehicle to deliver the spacecraft into Earth’s orbit… Continue reading Business News – 08-19-2021
Business News – 08-18-2021
BMW’s EV battery aims to challenge range of traditional gas engines BMW’s new project centered around the development of a long distance electric vehicle battery has been awarded $36 million in joint funding from the EV industry along with the U.K. government By 2030, the U.K. plans to stop selling new gasoline and diesel engine… Continue reading Business News – 08-18-2021
California News – 08-19-2021
California now requires proof of vaccination or negative COVID-19 test for large indoor events According to an announcement on August 18, by the California Department of Public Health, they say that residents will now be required to show proof of vaccination or a negative COVID-19 test for indoor events that are larger than 1,000 people… Continue reading California News – 08-19-2021
Business News – 08-16-2021
FDA receives data from Pfizer for authorization of Covid vaccine booster for the wider population BioNTech and Pfizer have announced their submission of their early-stage clinical trial data to the FDA as they seek authorization for a Covid-19 booster shot in the US Currently, Federal health officials are not recommending any type of booster doses… Continue reading Business News – 08-16-2021
Business News – 08-13-2021
Valve problems cause Boeing to delay Starliner crew test flight for 2 months or more The second uncrewed flight test by Boeing of their Starliner spacecraft has been delayed for a minimum of two months after issues related to propulsion valves on the capsule OFT-2 represents a redo of Boeing’s first uncrewed flight test in… Continue reading Business News – 08-13-2021