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A growing number of chief executives consider sustainability one of the biggest challenges to act upon over the next two to three years, a new study said on Tuesday.
Source: Fox Business
With inflation at the highest level in 40 years and the Federal Reserve taking increasingly aggressive action to cool consumer demand and prices, the risk of a global recession is on the rise, according to Morgan Stanley...
The US achieved a new record in April 2022 – for the first time, the US generated 20% of its electricity from wind and solar power, according to new data released today from global energy think tank Ember.
May 10, 2022 The secret life of ESG ratingsSource: GreenBiz
The letters E, S and G have become so intertwined with the world of sustainability that the three-letter acronym ESG can mean almost anything and, at times, nothing at all. But when it comes to the ratings of companies’...
Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year.
Wall Street is tumbling toward its lowest point in more than a year on Monday as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
Source: The Exconomic Times India
The European Union (EU) is planning to enforce the new Digital Markets Act (DMA) to tame the Big Tech companies in the spring next year. Margrethe Vestager, the European Commission's executive vice president, earlier said the...
May 9, 2022 'Stop The Outrageous ESG Assessments': Why Elon Musk Calls It A 'Total Gaming Of The System'Source: Benzinger
Tesla, Linc released its 2021 Impact Report on Friday, wherein the electric vehicle maker made the argument that current environment, social and governance (ESG) methodologies are fundamentally flawed.
May 9, 2022 A feeling of economic doom is going around. And there isn’t much we can do other than sit back and watchSource: CNN Politics
There are plenty of reasons for that feeling of economic doom that’s going around: Worst start for the stock market in 80-plus years; Highest inflation in 40-plus years. Largest single interest rate hike in 20-plus years. Dimmest...
Source: The Guardian
Last week, the Bank of England forecast inflation exceeding 10% and predicted negligible growth for the next two years, toppling into months of recession, accompanied by the savage squeeze on living standards.
Source: Fox News
"I am concerned about it," MISO Chief Executive John Bear told the Wall Street Journal in a report Sunday. "As we move forward, we need to know that when you put a solar panel or a wind turbine up, it’s not the same as a thermal...
May 6, 2022 The Fed is owning the inflation problemSource: Axios
He started the session by staring into the camera and telling the American people that inflation is too high and the Fed is determined to bring it down. Later, when asked a question about what other branches of government could...
US labor productivity tumbled by 7.5% in the first quarter of 2022 – the largest decline in worker output per hour since 1947, according to Labor Department data released Thursda
Source: NY Post
Fed chairs have historically been inscrutable when talking in public, leaning on something called “Fedspeak.” By talking in riddles, financial markets don’t overreact to your every word.
The number of companies appointing chief sustainability officers (CSO) jumped threefold in 2021 year-on-year, a study by consultants PwC showed on Wednesday, although less than a third of all CSOs hold an executive position.
Source: Economic Times
Economists are debating whether recent supply chain turmoil and geopolitical conflicts will result in a reversal or reconfiguration of global production, in which factories that were sent offshore move back to the United States...
The Federal Reserve said Wednesday it is raising interest rates by a half-percentage point to get a handle on the worst inflation America has seen in 40 years
Source: NBC New York
COVID-19 hospitalizations topped 2,000 for the first time since late February on Tuesday, rising nearly three-fold in just a month as highly contagious subvariants of omicron trigger pleas for renewed caution from officials...
Cynicism is a common consumer reaction. In Havas’ Meaningful Brands report, 71% of respondents did not believe brands would deliver on their promises, creating accusations of what the agency calls “CSR washing”—the failure of...
Russia’s unprovoked invasion of Ukraine, and evidence of war crimes, has pushed the EU to take bolder steps on energy sanctions. But imposing measures that could reduce, or fully cut, Russian energy supplies to the EU have been a...
Source: The Motley Fool
Caterpillar is optimistic that price increases will offset higher costs due to inflation. But it was clear that supply-chain constraints are far from over and that these challenges are impacting its profitability.
Rodney McMullen, Kroger CEO, joins 'Closing Bell' to discuss if he is seeing any change in consumer trends, the state of food inflation and how long these pressures will last.
In the face of that devastating IPCC report delivered in February, you might be considering taking some bare-minimum actions like buying an EV. This excellent deep dive published by Ars Technica Monday into what it really costs...
Source: Fox News
Executives running some of the world's biggest retailers, manufacturers and consumer-products makers say they are seeing signs that people are becoming less willing to absorb price increases.
Source: Desert Sun
Renewable electricity met 100% of California's electricity demand for the first time ever on Saturday, environmentalists said, much of it from large amounts of solar power now produced along Interstate 10, an hour east of the...
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