Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue as energy companies and many of the other companies beaten down by the virus benefit from the vaccine push aimed at bringing the pandemic to an end. Marathon Oil, Exxon Mobil and other stocks in […]
Impact
Uber is giving its U.K. drivers the minimum wage, pensions and holiday pay, following a recent court ruling that said they should be classified as workers and entitled to such benefits. The ride hailing giant’s announcement Tuesday comes after it lost an appeal last month at the U.K. Supreme Court following a yearslong court battle. […]
President Joe Biden’s bid to tackle climate change is running straight through the heart of the U.S. oil and gas industry — a much bigger, more influential foe than Democrats faced when they took on the coal industry during the Obama years. Coal dominated U.S. power generation for decades, with the bulk of that fuel […]
Honda has plans to sell two all-electric SUVs in the U.S. for the 2024 model year, and it soon will offer hybrid gas-electric versions of its top-selling models. The announcements Thursday come as the automaker acknowledges it has work to do to comply with emissions-reduction targets that will be coming from the Biden administration, and […]
Renewables overtook fossil fuels to become the European Union’s main source of electricity for the first time in 2020, according to a joint study done by British and German think tanks Ember and Agora Energiewende respectively, released this week. “Renewables rose to generate 38 percent of Europe’s electricity in 2020 (compared to 34.6 percent in […]
As the wave of digital transformation carries us to exciting new heights of progress in business and personal development, industries must stop to consider the challenges of digital access faced by more vulnerable groups in society. In this era of rapid technological advancements, enterprises are realizing the need for greater initiatives to encourage growth and […]
As the world preps itself for a second wave of Covid-19 and vaccine development continues, one cannot deny the hardships humanity has faced this year. Businesses of all shapes and sizes struggled, economies slowed, and people were overworked from the comfort of their own homes. But if there’s one thing that defines successful entrepreneurs and […]
Come rain or shine, it has become the standard norm for us to enjoy uninterrupted access to the Internet to keep us consistently connected, entertained, informed and working. But not all of us are and will experience this right away, especially when it comes to 5G. More than 700 million people in rural areas around […]
Several of Europe’s top tech companies have teamed up with Leaders for Climate Change, a Berlin-based climate change non-profit bringing together various entrepreneurs from Germany’s startup ecosystem. The companies brought together under this initiative are the likes of idealo, Delivery Hero, BlaBla Car, Wefox, Doctolib, Ecosia, GetYourGuide, Flixbus, Glovo, Cabify, Personio and major VC funds […]
It is without a shadow of a doubt that ethical scandals in the tech industry have become the norm everywhere; every week, a new story surfaces about how the titans of social media have been breaching the ethical code of its users. However, we need to ask ourselves what “ethical tech” actually means? “Technologies have […]