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I tested the Flexispot E2 Pro Standing Desk, the best budget option in our guide to the best standing desks, to see if it stood up to these criteria. Flexispot E2 Pro Standing Desk The no-frills Flexispot Standing Desk moves quickly, smoothly, and quietly to reach your desired height. Kelly Burch/InsiderMy first task was to decide which E2 Pro desk I wanted to test. We've reviewed the best standing desks, as well as the best standing desk converters. Kelly Burch/InsiderThe Flexispot E2 Pro is a well-built, stable and easy-to-use standing desk that offers plenty of work space.
Persons: Max, Kelly Burch, I'm, Kelly Burke, We've, I've Organizations: Business, Shop
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSix months after layoffs at food technology company City Storage Systems, another round of cuts hit teams globally, per leaked audio obtained by Business Insider. More than 80 US employees were cut at Otter, the company's restaurant tech arm, said a source familiar with the people laid off. This story is available exclusively to Business Insider subscribers. In fall 2021, CEO Travis Kalanick raised $850 million for CSS from investors including Microsoft, at a $15 billion valuation.
Persons: , Guido Gabrielli, Otter, Travis Kalanick, Kalanick, Uber, Gabrielli Organizations: Service, Storage Systems, Business, CSS, Microsoft, BI Locations: Canada, Latin America
It is aiming to be the first high-income country to reach net zero emissions in 2035 and net negative by 2040. Denmark, which the World Happiness Report recognized as the world's second-happiest country, is targeting net zero by 2045 — and net negative by 2050. Thierry Monasse | Getty Images News | Getty ImagesDanish Climate Minister Lars Aagaard said the need for negative emissions was clear. He added that Denmark's ability to achieve net negative emissions would hinge upon policies implemented over the next five to seven years. Sopa Images | Lightrocket | Getty Images
Persons: Sergei Gapon, Thierry Monasse, Lars Aagaard, Denmark's Aagaard, , Stefano Guidi, Donald Trump, Joe Biden, Trump, Biden, Kai Mykkänen, Mykkänen, Moscow … Organizations: Afp, Getty, Atlantic ., Agriculture Ministers, CNBC, Lars Aagaard Danish Climate, United Arab Emirates, Union, Nationalist, Former U.S, Finnish Climate Locations: Copenhagen, Denmark, Atlantic, Atlantic . Finland, Finland, Brussels, Belgium, Lars Aagaard Danish, Panama, Europe, Germany, France, Turin, Italy, U.S, November's, Paris, Finnish, Helsinki, Montreal, Beijing, Moscow, of Finland, Neva Guba
Vehicles sit parked outside the Tesla Inc. solar panel factory in Buffalo, New York, U.S., on Wednesday, Dec. 26, 2018. Tesla is laying off 285 employees in the state of New York as part of a broader restructuring according to a WARN notice filed in the state. Most of these employees worked at the company's Buffalo factory and a handful at a store and service center in the area per the filing. Tesla took over the Buffalo factory after they completed a $2.6 billion acquisition of solar installer SolarCity in 2017. While Tesla said it would manufacture solar panels at the Buffalo factory, its efforts to grow its solar business have faltered through the years.
Persons: Tesla, Elon Musk, Lyndon, Peter Rive, Musk Organizations: Tesla Inc, Buffalo, SpaceX, Tesla, Reuters Locations: Buffalo , New York, U.S, New York, Buffalo
Today's energy grids are unable to keep up with the intense demand being heaped upon them. Globally, energy projects struggle to overcome permitting hurdles. Making smart grids a realityData was transmitted across a national energy grid for the first time in 2016. Startups selling them are hoping to alleviate pressure from physical grid infrastructure and allow operators to do more with the infrastructure they have. Victoria McIvor, an advisor to energy startups who was formerly an investor at the European climatetech firm World Fund, imagines a future where energy tariffs dictate when energy-intensive appliances run.
Persons: Rajesh Swaminathan, it's, Andrés Dancausa, Dancausa, Swaminathan, Victoria McIvor, Timothy Barat, Barat, Duncan Turner, SOSV, Turner, McIvor Organizations: Infrastructure, Service, International Energy Agency, Paris, Investors, Khosla Ventures, US Department of Energy, Fund, Octopus Energy, Continuum Industries, Software Locations: Europe, Ukraine, Portuguese, Amsterdam, California, London, VCs, Scottish
Super Micro Computer's red-hot run should continue as it powers the artificial intelligence revolution sweeping Wall Street, according to JPMorgan. Analyst Samik Chatterjee initiated coverage of Super Micro Computer with an overweight rating as the company leads the AI compute market "still in its infancy." Supporting the target and a next-twelve months EPS multiple of 36 times is an expectation for rapid growth and earnings upside within the AI server market. SMCI YTD mountain Super Micro shares year to date Driving ongoing upside is an expectation for rapid growth in the server market. This suggests that Super Micro will conservatively gain 10% to 15% of the AI server market.
Persons: Samik Chatterjee, Micro's, Chatterjee Organizations: JPMorgan, Computer, Super
Goldman Sachs, meanwhile trimmed its price target on Boeing, citing several risks amid the company's ongoing safety issues. The analyst initiated coverage of the stock with an overweight rating and year-end price target of $1,150, which implies shares could jump 18.2%. Analyst Kannan Venkateshwar upgraded shares of the media giant to overweight from equal weight and also raised his price target by $40. His new $135 price target implies 16.5% potential upside over the next year. — Pia Singh 5:37 a.m.: Goldman Sachs trims Boeing price target Goldman Sachs lowered its price target on Boeing to $257 from $268 amid the airplane maker's ongoing issues safety issues.
Persons: Goldman Sachs, JPMorgan's Samik Chatterjee, inferencing, Chatterjee, — Pia Singh, Kannan Venkateshwar, Venkateshwar, Disney's, Noah Poponak, Poponak, Fred Imbert Organizations: CNBC, Disney, Barclays, Boeing, JPMorgan, Computer, Enterprises, Alaska Airlines Locations: 3Q24, 4Q24
Morgan Stanley reiterates Target at overweight Morgan Stanley stood by its overweight rating on the department store owner. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it likes the setup heading into earnings later this week. Morgan Stanley upgrades HashiCorp to overweight from equal weight Morgan Stanley said the software company has a compelling valuation. Morgan Stanley upgrades AvalonBay to overweight from equal weight Morgan Stanley said apartment REIT stocks like AvalonBay are '"cheap for a reason." Morgan Stanley upgrades Sun Country to overweight from equal weight Morgan Stanley said it likes the airline's business model.
Persons: Goldman Sachs, Goldman, Morgan Stanley, Salesforce, Rosenblatt, Jefferies, Amer, Wells, Jane Fraser, Roth MKM, Roth, TD Cowen, TD, DA Davidson, OW, Fannie Mae, KBW, Freddie, Truist, it's, Piper Sandler, Piper, Bentley Organizations: Nvidia, BMO, Apollo, Amer Sports, Citi, Citigroup, Bank of America, KKR, APO, BJ's Wholesale, D.A, Susquehanna, Energy, HSBC downgrades Moderna, HSBC, Moderna, Google, YouTube, " Bank of America, Omega Healthcare, Sun, DuPont's Mobility, JPMorgan, Navy, Bentley Systems Locations: USD75, Asana, ASAN
The chief financial officer of City Storage Systems, the umbrella company of Travis Kalanick's foodtech juggernaut, left last month, two employees told Business Insider. Before City Storage Systems, Curran spent more than a dozen years at Amazon, where he was most recently the vice president of finance and chief financial officer for the international consumer business, per his LinkedIn. His social-media profile lists a January end date for his latest role, the chief financial officer of "stealth startup." City Storage Systems is a multifaceted effort to reinvent food production, just as Kalanick aimed to upend the taxi industry by founding Uber. Tech and real-estate businesses such as City Storage Systems face challenges, including inflation and higher interest rates.
Persons: Travis Kalanick's, John Curran, Curran, Uber, Kalanick Organizations: Storage Systems, Business, City Storage Systems, Uber, LinkedIn, Otter, Tech, Systems
There's nothing more frustrating than uprooting the contents of your entire kitchen in order to find the one ingredient, supply, or cooking tool that you need. That is unless you use the following organization methods to keep everything nice and neat. The difference in organization, free space, and your own mental state in the kitchen will be noticeable once you try storing all your kitchen foods and tools with these products. Check out the best budget cookware if you're looking to refresh more than just your storage systems. Top kitchen organization ideas from AmazonWhen you buy through our links, Insider may earn an affiliate commission.
[1/2] Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. Ammann did not disclose how much Exxon intends to invest in the lithium business, or when it might become profitable. Exxon plans to begin production with partner Tetra Technologies, Reuters exclusively reported on Saturday. It will produce the metal onsite and sell it under the brand name Mobil Lithium, the company said on Monday. Exxon is focusing on lithium production to be used not only in EVs but also consumer electronics and energy storage systems that can hold electricity generated from intermittent solar and wind power.
Persons: Dado Ruvic, Dan Ammann, Ammann, Sabrina Valle, Sourasis Bose, Maju Samuel, Bernadette Baum Organizations: Exxon Mobil, REUTERS, Companies, Exxon, Tetra Technologies HOUSTON, Exxon's, Imperial, Tetra Technologies, Reuters, Mobil, BP, Shell, Deloitte, Thomson Locations: China, United States, Europe, Arkansas, U.S, Alberta, Canada, Houston, Bengaluru
When Russia pounded Ukraine’s power grid with widespread and repeated waves of airstrikes last year, causing massive rolling blackouts, his wife had just given birth to their second daughter. As families like Gindyuk’s gird themselves for the possibility of another dark winter, Ukraine has been rushing to rebuild and protect its fragile energy infrastructure. The summer provided a respite for Ukraine’s power grid. “Ukraine’s power system continues to operate in an emergency mode, which affects both power grids and generation,” a news release accompanying the report said. Physical barriers have been erected around Ukraine’s high-voltage electricity transmission network, which is operated by the national energy company Ukrenergo .
Persons: Ukraine CNN — Oleksandr Gindyuk, Gindyuk, ” Gindyuk, Gindyuk’s, Vadym, , ” DTEK, , Maxim Timchenko, ” Timchenko, Volodymyr Kudrytskyi, Ukrenergo, ” Kudrytskyi, Oleksandr Prokhorenko, Kateryna, Varvara, ” Prokhorenko, Serzhan Organizations: Ukraine CNN —, CNN, Ukraine’s Defense Intelligence, United Nations, Programme, European Union, Management Locations: Kyiv, Ukraine, Russia, Russian, Spanish, Valencia
A particular focus was an Otter business called Future Foods. But now, Future Foods is generating healthy revenue, relative to the cost of customer acquisition. He did not disclose revenue for Future Foods or other businesses on the call. 'Healthy tension'Gabrielli did admit there's a "healthy tension" with the Future Foods team, saying that they "tend to sandbag a little bit their capabilities." Future Foods also asks would-be customers if they maintain at least a four-star rating on one delivery app.
Persons: Travis Kalanick, Uber, Otter, Guido Gabrielli, Gabrielli, it's Organizations: Storage Systems, CSS, Otter, Tech, Foods, Future Foods
Travis Kalanick's ghost kitchen company laid staff off on Wednesday. In 2021, Kalanick raised $850 million at a $15 billion valuation for the company. The cuts come as tech and real estate companies rethink staffing needs in a more difficult market. Travis Kalanick's ghost kitchen company cut jobs on Wednesday, two employees told Insider. It wasn't immediately clear how many CSS employees were affected.
Persons: Travis, Kalanick Organizations: Storage Systems, Staff
Estonian energy tech company Skeleton Technologies has raised 108 million euros (around $114 million) from multinational Siemens and Japanese conglomerate Marubeni. Skeleton, which was founded back in 2009 in Tallinn, manufactures fast-charging energy storage systems for transport, maritime, the grid, and medical equipment. Its secret sauce is its own material, Curved Graphene, which increases how much energy can be stored in its supercapacitors. The fresh funds, which bring Skeleton's total raised to over 300 million euros (around $316 million), is a mixture of equity and debt. Marubeni, meanwhile, distributes Skeleton's products in Asia and helps it secure customers in the region.
Persons: Taavi Madiberk, Warren Buffet's Berkshire Hathaway, Skeleton's, Madiberk Organizations: Technologies, Siemens, Strategic, Siemens Financial Services, Marubeni Corporation, North America Locations: Tallinn, Germany, Asia, North
SolarEdge is facing several challenges right now and that could mean a good opportunity for investors, according to Northland Capital Markets. The firm upgraded the Israeli solar stock on Friday to buy from hold and established a price target of $147, which implies about 18% upside from its closing price Thursday. " Solar demand is weak, Israel is at war, an inventory correction, a strong dollar is a headwind, and a competitor pre-announced. It is hard to imagine things could get much worse," Gus Richard, an analyst at Northland Capital Markets, said in a note Friday. SEDG YTD mountain Northland sees about 18% upside in SEDG from current levels.
Persons: Gus Richard, it's, Richard, SolarEdge, — CNBC's Michael Bloom Organizations: Northland Capital Markets, Energy, Northland Locations: Northland, Israel, Asia, North America
Katie Hobbs at Google's September announcement of a a new $600 million data center in Mesa, Arizona. The amount of electricity needed to power data centers in the U.S. is expected to more than double by 2030, according to McKinsey. "With data centers, you're going to do all of the above to have capacity to meet those loads." Utilities struggle to meet data center loads while cutting carbonThe utility-level impact of the data center industry's energy demand reaches beyond Phoenix. In preliminary documents, it has identified data centers as "the major source of load growth during 2023-2038."
Persons: Karla Moran, Moran, Katie Hobbs, you've, Terry Boston, James Glynn, Glynn, Caryn Potter, it's, OPPD, that's, David Corbin, Corbin, Valerie Plesch, Aaron Ruby, Devon Smiley, Smiley, Lee Kestler, Ruby, George Frey, Wendy Bridges, Bridges, Jill Hanks, Hanks, Potter, Meghin Delaney, Reno, Kestler, EdgeCore, Hunter Holman, Delaney, Holman Organizations: Microsoft, Google, Digital Realty, Arizona Gov, McKinsey, PJM, Columbia University's Center, Global Energy Policy, Southwest Energy Efficiency, Utilities, Omaha Public Power, Sierra Club's, The Washington, Getty, Dominion Energy, Dominion, Blackstone, KKR, APS, Phoenix, Goodyear, NV Energy, Reno, Bay Area, Silver State, Western Resource Locations: Phoenix, Salt, Mesa , Arizona, City, Mesa, U.S, Arizona, Phoenix . Omaha , Nebraska, New York, Sierra Club's Nebraska, Woodbridge , Virginia, Virginia, Nebraska, OPPD, Eagle Mountain , Utah, Brookfield, Seattle, Goodyear, Bay, Nevada, Reno, Las Vegas, North
[1/2] The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. Although Tesla sought a number of incentives to set up a battery storage factory, Indian officials conveyed these would not be available, one of the sources said. It is largely dependent on coal-based power generation as storage technologies are expensive and not yet widespread. With incentives, Powerwall costs more than $5,500 in California, with additional costs for solar panels. It is eligible for U.S. federal tax credits and local state and utility incentives for solar and energy storage.
Persons: Elon Musk, India's Modi, Tesla, Narendra Modi, company's, Musk, Modi, Aditya Kalra, Aditi Shah, Sarita Chaganti Singh, Sudarshan, Kirsten Donovan Organizations: Tesla Energy, Tesla Motors, Elon, Thomson Locations: Hawthorne , California, India, DELHI, New Delhi, Tesla's California, California, Houston, Dallas, Texas
[1/2] The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. Although Tesla sought a number of incentives to set up a battery storage factory, Indian officials conveyed these would not be available, one of the sources said. It is largely dependent on coal-based power generation as storage technologies are expensive and not yet widespread. With incentives, Powerwall costs more than $5,500 in California, with additional costs for solar panels. It is eligible for U.S. federal tax credits and local state and utility incentives for solar and energy storage.
Persons: Elon Musk, India's Modi, Tesla, Narendra Modi, company's, Musk, Modi, Aditya Kalra, Aditi Shah, Sarita Chaganti Singh, Sudarshan, Kirsten Donovan Organizations: Tesla Energy, Tesla Motors, Elon, Thomson Locations: Hawthorne , California, India, DELHI, New Delhi, Tesla's California, California, Houston, Dallas, Texas
U.S. President Joe Biden attends a meeting with Vietnam's Communist Party General Secretary Nguyen Phu Trong, at the Communist Party of Vietnam Headquarters in Hanoi, Vietnam, September 10, 2023. But Washington's elevation to the same tier as Beijing in Vietnam's ranking will inevitably have an impact on China. The White House had no new arms deals to announce, but the new ties may facilitate future supplies from the U.S. or its partners. That would inevitably reduce Vietnam's reliance on Russian gear, although Hanoi is currently negotiating a new possible arms deal with Moscow. "We do not have any comment on a decision that does not involve Airbus," an Airbus spokesperson said.
Persons: Joe Biden, Nguyen Phu Trong, Evelyn Hockstein, Mao Ning, Joe Biden's, Biden, Carolyn Nash, Fluence, Germany's, Francesco Guarascio, Tim Hepher, Jamie Freed Organizations: Vietnam's Communist Party General, Communist Party of, REUTERS, Washington, White, AIRBUS, U.S, planemaker Boeing, Vietnam Airlines, Airbus, Boeing, Amnesty International, Vietnam, Communist Party, Human Rights Watch, INDIA Washington, Nvidia, Microsoft, AES, SIEMENS, AMI, Honeywell, Nasdaq, Germany's Siemens, Siemens, Thomson Locations: Communist Party of Vietnam, Hanoi, Vietnam, United States, Washington, CHINA Vietnam, Beijing, China, Vietnam's, RUSSIA Vietnam, Russia, U.S, Moscow, Hanoi , U.S, Asia, MALAYSIA, INDIA, Malaysia, India, Paris
WASHINGTON, Aug 31 (Reuters) - Long-term energy storage company EOS Energy Enterprises (EOSE.O) has received a conditional commitment for an up-to $400 million loan guarantee from the federal government, an office of the U.S. Department of Energy said on Thursday. The loan guarantee is for construction of four manufacturing lines to produce next-generation utility and industrial scalezinc bromine battery energy storage systems in Turtle Creek, Pennsylvania, the Loan Programs Office said. EOS said the total cost of the project, called AMAZE, will be $500 million. AMAZE is expected to create up to 50 union contractor construction jobs and as many as 650 new operations jobs when at full capacity, it said. Reporting by Timothy Gardner Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
Persons: EOS, AMAZE, Timothy Gardner, Marguerita Choy Organizations: EOS Energy Enterprises, U.S . Department of Energy, Office, Thomson Locations: Turtle Creek , Pennsylvania
In 2021, Kalanick raised $850 million at a $15 billion valuation from backers including Microsoft. One, a physical ghost kitchen arm called CloudKitchens in the US, transforms mainly warehouses into private kitchen spaces that big companies and mom-and-pops alike can rent. 2021 fundraiseTravis Kalanick Theo Wargo/WireImageIn late 2021, CloudKitchens' parent company raised $850 million at a $15 billion valuation, Insider exclusively reported. Some entry-level sales employees have struggled at Otter, Insider reported. CloudKitchens US locationsA 2021 Insider analysis showed how CloudKitchens (and competitor Reef) snapped up properties across the US.
Persons: Travis, Kalanick, Travis Kalanick, Uber, , fundraise Travis Kalanick Theo Wargo, CloudKitchens, John Curran, they're, Sawyer, Meghan Morris Organizations: Microsoft, Morning, Storage Systems, CSS, Investors, Uber, Financial, City Storage Systems, Wall Street, Amazon, CIA, Otter Locations: Los Angeles, Saudi, Miami
Aug 23 (Reuters) - NetApp (NTAP.O) reported first-quarter revenue above Wall Street estimates on Wednesday, driven by strong demand for cloud based services from businesses. Enterprise spending on cloud held strong as businesses moved to upgrade their technology infrastructure that is core to their operations and also incorporate newer AI capabilities. NetApp also reiterated its profit and revenue outlook for fiscal 2024. NetApp's total revenue for the quarter ended July 28 was $1.43 billion, compared to analysts' estimate of $1.41 billion, according to Refinitiv data. The company earned an adjusted profit of $1.15 per share, which beat expectations of $1.07 per share.
Persons: NetApp, Yamini, Shailesh Organizations: Enterprise, Thomson Locations: Sunnyvale , California, Bengaluru
"It seemed like a cool, innovative new company," Lam said. Starting in early 2022, the company poured millions of dollars into an experimental sales boot camp called Otter University. She joined the company in 2020 as Otter's head of sales enablement and helped dream up the idea of a sales boot camp a year later. Two former OtterU employees said that Law and another Otter executive urged managers to join their teams for late-night drinks following team dinners. But the late nights and free-flowing alcohol struck some OtterU employees as inappropriate for the workplace, especially when managers had to deal with hungover teams the next day.
Persons: Brian Lam, messaged, Travis, Lam, Uber, It's, Kalanick, voraciously, they're, Otter, wasn't, salespeople, Cory Epstein, Phoebe Law, Law, people's, , Kalanick's Uber, Otter's, Kate, Samul Beal, I'd, Beal, didn't, terminations, he'd, OtterU, I'm, grads, Salespeople, Guido Gabrielli, Keith Dunphy, Dunphy, Bram van Staalduinen, Phoebe Law's, Debra Glaser, Jen Zablotny, there's, Ordermark, Burger, Meghan, Darius Organizations: Texas, Otter, Storage Systems, Microsoft, Otter University, Law, Adobe, SAP, Houston, OtterU, hungover, NCR, Google, Brands, Houston Rockets Locations: Korean, Houston, Toronto, LA, Las Vegas, Miami, Seoul, South Korea, Houston ., OtterU, Otter, Canada
Pressure gauges, pipes and valves are pictured at an "Dashava" underground gas storage facility near Striy, Ukraine May 28, 2015. The bloc is expected to reach a target of filling its storage facilities to 90% full by Nov. 1. "EP Commodities transports natural gas to Ukraine and uses Ukrainian gas storage facilities," Miroslav Hasko, chairman at EPH's EP Commodities, said. EU countries' gas storage facilities were 87% full on Aug. 7, according to transparency platform GIE. "We consider gas storage in Ukraine as one of the interesting business opportunities that we are currently considering," SPP told Reuters.
Persons: Gleb Garanich, Miroslav Hasko, Naftotgaz, Martin Pich, Bruegel, Jan Lopatka, Marek Strzelelcki, Pavel Polityuk, Barbara Lewis Organizations: REUTERS, European Union, Traders, Gas, Reuters, Commodities, Naftogaz, Thomson Locations: Striy, Ukraine, PRAGUE, WARSAW, Czech, Slovakia, Russia, Hungary, Poland, Kyiv
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