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☆ The creation of a new high-entropy alloy is opening up possibilities in manufacturing, from 3D printing to paste-like inks
▼ + stars: | 2023-12-18 | by ( Sponsor Post | Created Tanaka With | ) www.businessinsider.com time to read: +4 min

Using micro-order uniform powder alloys with unprecedented chemical properties opens up new possibilities for manufacturing that have never been seen before, such as in 3D printing and the use of paste-like inks. A high-entropy alloy powder of precious metals can potentially be used as a raw material for automotive exhaust gas sensors, resistors, and water electrolysis catalysts. Creating new value through exhaustive studyTANAKA began working on high-entropy alloy powders in response to the world's rapid development. TANAKAHosoi noticed that high-entropy alloys have recently been attracting international attention, largely due to their potential for unprecedented properties. Click here for more information on high-entropy alloy powders.

Persons: Tanaka Kikinzoku Kogyo, TANAKA, Takuya Hosoi, Yoshie Kondo, Hosoi, TANAKA Hosoi, Hosai Organizations: Tanaka Kikinzoku Kogyo KK, Metals, Insider Locations: Japan

☆ ‘No one will remember us’: India’s hero ‘rat hole miners’ who helped rescue 41 men from the Himalayan tunnel
▼ + stars: | 2023-12-06 | by ( Aishwarya Iyer | ) edition.cnn.com time to read: +7 min

“Rat hole mining may be illegal,” Lt General Syed Ata Hasnain, a retired official from India’s National Disaster Management Authority told reporters shortly after the rescue. “But a rat miner’s talent and experience is not.”Bottom of the hierarchyWorkers employed in the dangerous profession are among the most vulnerable and marginalized in India, hence the unflattering local moniker. But some of the “rat miners” said they are still waiting for details of the compensation. Conspicuously missing were the names of the 12 “rat miners” who put their lives on the line to complete that final breakthrough. Two “rat miners” went in at a time on rotating four-hour shifts, with one cutting the stone and the other pulling the debris out of the pipe.

Persons: New Delhi CNN —, Munna Qureshi, “, ” Qureshi, Qureshi, General Syed Ata Hasnain, Slimly, Hasina Kharbhih, ”, Roberto Schmidt, ” Kharbhih, Nasir Khan, B.P, Katoki, Pushkar Singh Dhami, Mohammad Irshad Ansari, Monu Kumar, crouch, Khan, Kumar, Sajjad Hussain, Ansari, ” Kumar Organizations: New, New Delhi CNN, Engineers, National Disaster Management Authority, Workers, National Green Tribunal, AFP, Getty, CNN, ” Locations: New Delhi, Uttarakhand, India, Meghalaya, Rimbay, Uttarkashi, Uttar Pradesh, AFP

☆ Dubai penthouse sells for record $136 million
▼ + stars: | 2023-12-05 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.

Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, ”, Chris Boswell, he’s, ” Boswell, “, it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France

☆ Elon Musk's Cybertruck apocalypse
▼ + stars: | 2023-12-05 | by ( Adam Rogers | ) www.businessinsider.com time to read: +8 min

In most regards, the sales pitch for Tesla's new Cybertruck doesn't differ in its particulars from the value proposition of any other pickup or SUV. But unlike the Cybertruck, its sales pitch has a curve: Musk has said all along that it's designed to be your go-to vehicle for the End of the World. "The apocalypse could come along at any moment, and here at Tesla we have the finest in apocalypse technology." If you believe in an apocalypse with trucks, you must also believe that someone will be maintaining the necessary infrastructure. In the early 20th century, when cars first came within financial reach of average Americans, the sales pitch focused on freedom of movement.

Persons: Elon, Musk, —, It's, cofound, Ursula K, Le Guin, Ken Liu, Mike Pondsmith, Adam Rogers Organizations: SpaceX, Insurance Institute for Highway Safety, Cooperation Locations: Francisco, Megacity

So far, Woods' plans have turned investors demanding an energy transition strategy into believers - at least on climate. At the same time, the company plans to have a leading role in the vehicle electrification business. Reuters GraphicsMORE OIL VS GREEN AMBITIONExxon's ambitious agenda includes starting up the world's largest hydrogen power plant by 2027. RISKY BUSINESSThe $17 billion budget for low carbon technologies as the company's total revenue grows next year "will continue to rise", the CEO said. Spending in low carbon currently is constrained by scarcity of customers willing to sign up for contracts and insufficient regulations, Woods said.

Persons: Darren Woods, Carlos Barria, Woods, ”, Paul Sankey, Sankey, Chris James, Dan Ammann, Goldman Sachs, Neil Mehta, Ammann, Brian Weeks, Chris Bohn, Sabrina Valle, Richard Valdmanis, Gary McWilliams, Anna Driver Organizations: ExxonMobil, Economic Cooperation, REUTERS, Exxon Mobil, Natural Resources, Chevron, Reuters, Exxon, Sankey Research, Carbon Solutions, Thomson Locations: Asia, San Francisco , California, U.S, United States, Sankey, Americas, Brazil, Guyana, Texas, Gulf of Mexico, Houston, Dubai

But the $290 billion outlay comes without a parallel plan to prepare Yonaguni for a possible humanitarian crisis that residents like Sakihara say could quickly overwhelm their shores. Tokyo, they said, has no plan to deal with them, and locals' pleas for help have gone unanswered. A spokesperson for Japan's Cabinet Secretariat said that "if large numbers of refugees came to Japan, relevant government departments would work together to respond". Even if he had a refugee plan, Kishida would still face an obstacle: his contentious relationship with the Okinawa government that administers Yonaguni. NOT ENOUGH TO SHAREBack in Yonaguni, resident Satoshi Nagahama, 33, was surprised to learn the government had no humanitarian plan for refugees.

Persons: Sonkichi Sakihara, chancing, Kenichi Itokazu, Itokazu, Hirokazu Matsuno, Xi Jinping, Joe Biden, Lai Ching, Matsuno, Fumio Kishida, Kevin Maher, Maher, Yoshihide Yoshida, Japan's, shouldn't, Kishida, Denny Tamaki, it's, Hironobu, Satoshi Nagahama, Sakihara, Koji Sugama, Tim Kelly, Kaori Kaneko, Yukiko Toyoda, Ben Blanchard, Kentaro Sugiyama, David Crawshaw Organizations: Reuters Graphics Reuters, Reuters, U.S, Japan Coast Guard, Migration Policy Institute, Nations, NMV Consulting, State Department, Defense Forces, it's, University's Research, of Disaster Management, Thomson Locations: YONAGUNI, Japan, Vietnam, Taiwan, China, Beijing, Tokyo, Yonaguni, Taipei, Myanmar, Europe, East, Germany, Poland, Ukraine, Washington, East Asia, Okinawa

☆ The S&P 500 inclusion curse is now taking aim at Uber
▼ + stars: | 2023-12-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Uber Technologies is finally going into the S & P 500, four years after going public and just shy of an all-time high. And there are a lot of them: Roughly $12 trillion is directly or indirectly indexed to the S & P 500. First is the price: Uber went public in May 2019 at $45 and is now close to $60. Will the 'S & P 500 curse' strike again? S & P announced it would add Tesla to the S & P 500 on Nov. 16, 2020.

Persons: Uber, Tesla Organizations: Technologies, Poor's, American Express, Steel, McKinsey

☆ Israel's war with Hamas shows why even 50 years of upgrades can't make tanks invulnerable
▼ + stars: | 2023-12-05 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Those losses have come despite the sophistication of Israeli tanks and Israel's experience using them. AdvertisementThe recent images of an advanced Israeli Merkava tank blazing on the Gaza border evokes memories of another October war 50 years ago. Nonetheless, about 20 Israeli tanks have been knocked out over the past two months by Hamas, an irregular force that lacks advanced weaponry. Tanks of 1973An Israeli tank in the Golan Heights during the Yom Kippur War in October 1973. Hamas drones dive-bombing Israeli tanks is probably more of a rare occurrence than a decisive tactic — though the IDF has mounted steel cages on its tanks for protection.

Persons: Israel, —, Oleg Granovsky, Henri, Patton, GABRIEL DUVAL, Benami NEUMANN, Israel Tal, Tal, Samuel Katz, Hani Alshaer, Sagger, Abu Mustafa, Michael Peck Organizations: Service, Hamas, Hamas Press, Getty, Business, IDF, Sherman, NATO, Rommel's, Israeli Armored Corps, Getty Images Israel, West Bank, Britain, Anadolu Agency, REUTERS, Centurions, Defense, Foreign Policy, Twitter, LinkedIn Locations: Israeli, Gaza, Kippur, Ukraine, Anadolu, Golan, Israel, British, Soviet, Damascus, AFP, Britain, France, West, Jenin, Lebanon, Russian, Gaza City, Urban, Hamas, Sinai, aren't, Forbes

☆ Nvidia is the stock of the year. Can it last?
▼ + stars: | 2023-12-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

New York CNN —It would be an understatement to say that it’s been a good year for Nvidia. The California-based chipmaking giant has seen its shares soar about 220% this year, making it the top performing S&P 500 stock in 2023. What’s happening: Just before Thanksgiving, Nvidia crushed doubts that its star was fading by reporting gangbuster third quarter earnings. By Sosnick’s count, Nvidia executives mentioned AI at least 70 times on their most recent earnings call. Historically, Nvidia has had hard falls after missteps — between 2021 and 2022, shares of the stock fell by 66%.

Persons: Hannah de Wolf, Colette Kress, There’s, ”, Steve Sosnick, we’ve, Nvidia …, Dan Ives, Goldman Sachs, Piper Sandler, Harsh Kumar, Sarat Sethi, DCLA, Sethi, it’s, missteps, hasn’t, Matt Egan, Robert Jackson Jr, Joshua Mitts, “, Mitts, it’s “, ” Mitts, Jackson, Catherine Cortez Masto, Biden, Cortez Masto, “ I’m, Todd Young, Tim Kaine, Mark Warner, Rand Paul, Mitch McConnell, Bill Hagerty, Marsha Blackburn ,, Joe Manchin, Roger Marshall, Katie Britt Organizations: CNN Business, Bell, New York CNN, Nvidia, Revenue, Nvidia can’t, Washington Service, Interactive, CNBC, Columbia University, New York University, Israel, Fund, SEC, NYU, …, CNN, US, EU, Indiana Locations: New York, California, China, Wedbush, Israel, Gaza, Columbia, Nevada, American, Virginia, Kentucky, Tennessee, Marsha Blackburn , West Virginia, Joe Manchin , Kansas, Alaska

☆ How old fishing nets could be part of the climate crisis solution
▼ + stars: | 2023-12-05 | by ( Paul Glader | ) edition.cnn.com time to read: +10 min

De Bouter’s company, Brikole, is a startup “circular business” that recycles discarded nets from the industrial tuna fishing industry. Kyle de Bouter holds board shorts made of recycled Nylon fishing nets similar to the kind he is recycling. Since the area is prime for fishing, especially tuna fishing, many in Seychelles believe those industries are a good place to start. He championed activity by “inventive young entrepreneurs” to improve society, mentioning recycled fishing nets as one example. “This is solving the problem of exhausted fishing nets,” said Julio Morón, a managing director of the Spanish tuna fishing organization called OPAGAC.

Persons: Seychelles CNN — Kyle de Bouter, ”, De, Kyle de Bouter, Paul Glader, CNN “, de Bouter, Joshua Tiatouse, CNN De Bouter, Ellen MacArthur, Eduardo Soteras, James Alix Michel’s, Michel, De Bouter, Julio Morón, Brikole, Bouter, de, Manuel Sigren, Bureo, Joshua Tiatousse, Tiatousse, “ Organizations: Seychelles CNN, United Nations, CNN, Bank, “ Department of Blue, Ellen MacArthur Foundation, Washington Post, Economy Research, University of Seychelles, snags, Electricity, Bureo, DuPont, BASF, DOMO Chemicals, Grandview Research Locations: Victoria, Seychelles, Patagonia, Spain, France, South Korea, Kosovo, Ghana, Philippines, Mahé, “, Dubai, China, California, Africa, Asia, Grandview

☆ Strong By Form uses timber to make construction more sustainable. It just raised $5.2 million with this 32-slide pitch deck.
▼ + stars: | 2023-12-05 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Strong By Form, a bio-composite materials startup hoping to make construction more sustainable, has just secured $5.2 million in seed funding. Founded in 2018 in Chile, the now Madrid-based startup uses timber for bio-composites to replace concrete and steel. It uses software to optimize the material's structural design and resource use, making it tough and more sustainable. "There is a growing demand for structural materials as the world needs to build 13,000 buildings every day, for the next 25 years, just to cope with population growth. Its structural timber products, such as slabs for buildings, will still use petrochemical-based resins as the company waits for a bio-based formula to be certified.

Persons: Andrés Mintik, Mintik, Minitik Organizations: Business, CMPC Ventures Locations: Chile, Madrid, Europe

☆ Palazzo Vilòn: Incredible historical mansion opens to overnight guests in Rome
▼ + stars: | 2023-12-04 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +6 min

Featuring multiple suites, all filled with artistic masterpieces, Rome’s 17th-century Palazzo Vilòn is sheer luxury. And now, Palazzo Vilòn can be all yours for 25,000 euros ($26,665) per night if you opt for the “buy-out” offer. Palazzo Vilòn offers a rare chance to travel back to a time when noble families ruled the Eternal City. Today, Palazzo Vilòn is believed to be Italy’s most expensive historical retreat. Despite all the grandeur, Florio stresses that Palazzo Vilòn is not a museum brought back to life.

Persons: CNN — It’s, Vilon, Sala di, Mattia Aquila, Borghese, Vilòn, it’s, –, ”, Palazzo Vilòn, Samuele Florio, Florio, ‘ It’s, Italy won’t, “, It’s Organizations: CNN, Michelin, Mirrors Locations: You’re, Campo Marzio, Europe, Rome, Italy, Vilòn, Italian

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, GM, Uber, Carvana, Nike, Palo Alto & more
▼ + stars: | 2023-12-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo downgrades Lululemon to equal weight from overweight Wells said in its downgrade of the stock that it sees less balanced risk/reward. Morgan Stanley downgrades Sea Limited to equal weight from overweight Morgan Stanley downgraded the Singapore-based tech conglomerate until its business outlook is clearer. Morgan Stanley upgrades Insulet to overweight from equal weight Morgan Stanley initiated the insulin pump therapy company and said it sees room for further gains. Wells Fargo reiterates Nike as overweight Wells says Nike is a top defensive pick for 2024. Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said Palo Alto shares have the poten tial to rise further.

Persons: Morgan Stanley, Mizuho, Wells, LULU, Roth, Evercore, Piper Sandler, Piper, NVDA, Goldman Sachs, Goldman, it's bullish, KeyBanc, Worthington Enterprises –, TD Cowen, Coinbase, underperform TD Cowen, Oppenheimer, Uber, Truist, Herc, Palo Organizations: West Bancorp, Bank of America, Union Pacific, US Bancorp, Motors, Mizuho, GM, UAW, UBS, Apple, Deutsche Bank downgrades Anheuser Busch InBev, Deutsche, Deutsche Bank, Airlines, Alaska, " Bank of America, Google, Walmart, Nvidia, AMD, European Partners, Coke, JPMorgan, of America, Magellan, MMP, Arrowhead Pharmaceuticals, Arrowhead Pharma, Worthington Steel, Worthington Industries, Worthington Enterprises, Barclays, Resources, Herc Holdings, United Rentals, Nike, Palo Alto, Palo Locations: China, Singapore, Indonesia

☆ The Cybertruck's lack of door handles confused its first buyers — leading Elon Musk to show them how to open the truck
▼ + stars: | 2023-12-04 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla's Cybertruck doesn't have door handles but a button along its window column. Musk first teased that the Cybertruck didn't have door handles over two years ago. Earlier prototypes of the Cybertruck appeared to have a door handle along the side of the car that would pop out similar to the Model S door handles. But Musk announced in 2021 that the vehicle wouldn't have door handles. Tesla owners have complained about the company's high-tech door handles in the past.

Persons: Tesla's, Marques Brownlee, —, Tesla, Elon, Musk, Brownlee Organizations: Service Locations: California

☆ Time to say 'the F-words'? A fossil fuel fight takes center stage at the COP28 climate summit
▼ + stars: | 2023-12-04 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

Sultan al-Jaber, president of the UNFCCC COP28 climate conference, speaks during day two of the summit on Dec. 2, 2023 in Dubai, United Arab Emirates. Sean Gallup | Getty Images News | Getty ImagesDubai, UNITED ARAB EMIRATES — A fight over the future of fossil fuels has been thrust into the global spotlight at the COP28 climate summit. "Unabated" fossil fuels are largely understood to be produced and used without substantial reductions in the amount of emitted greenhouse gases. "[It is] important to say that more fossil fuels equal more loss and damage, so these two issues are actually quite intertwined." Notably, at last year's COP27 conference in Egypt, more than 80 countries supported a fossil fuel phase-out commitment in the final agreement.

Persons: Sultan al, Jaber, Sean Gallup, Johan Rockstrom, There's, Darren Woods, Catherine Abreu, Abreu Organizations: Getty, Getty Images, UNITED, EMIRATES, Potsdam Institute, Climate, Climate Impact Research, CNBC, AG, United Arab, Oil, Exxon Mobil Locations: Dubai, United Arab Emirates, Getty Images Dubai, COP28, Salzgitter, Germany, Russia, Egypt

☆ COP28: UAE signs deal with Bill Gates' nuclear company on advanced reactors
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas Mukoya Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Bill Gates' advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear company ENEC said on Monday they have agreed to study the potential development of advanced reactors in the UAE and abroad. “For the UAE, we're looking for a future for the clean electrons and molecules that will be brought to reality by advanced reactors,” said Mohamed Al Hammadi, CEO of ENEC, during the signing ceremony. "Bringing advanced nuclear technologies to market is critical to meeting global decarbonization targets," said TerraPower President and CEO Chris Levesque. The UAE currently has one traditional nuclear power plant, near Abu Dhabi, which began producing electricity in 2020. The MOU between TerraPower and the UAE said they would explore uses for advanced nuclear reactors such storing power on the grid and providing the energy needed to produce hydrogen, and decarbonize coal, steel and aluminum plants.

Persons: Bill Gates, Thomas Mukoya, ENEC, ”, Mohamed Al Hammadi, Chris Levesque, TerraPower, Richard Valdmanis, Kim Coghill Organizations: Microsoft, United Nations, Change, United Arab Emirates, REUTERS, Rights, TerraPower, United, UAE, The UAE, Thomson Locations: Dubai, United Arab, UAE, Abu Dhabi, U.S ., Wyoming, TerraPower, Russia, TerraPower's Wyoming, Ukraine, United States

LAUNCESTON, Australia, Dec 4 (Reuters) - The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China's domestic futures posting a decline. The exchange said on Nov. 30 that it will continue to strengthen its supervision of iron ore futures to maintain what it termed the safe and stable operation of the market. But despite the travails of the property sector, China's iron ore imports have been relatively robust so far in 2023. In the same week last year iron ore stockpiles were 137.5 million metric tons and were 155.4 million in the same week on 2021. History suggests that the authorities can cool iron ore prices, but only for a relatively short period, especially if the market conditions are supportive for stronger prices.

Persons: Sonali Paul Organizations: Singapore Exchange, Dalian Commodity Exchange, National Development, Reform, it's, Reuters, Thomson Locations: LAUNCESTON, Australia, Singapore, Beijing, Dalian

LOS ANGELES (AP) — Ten of the top albums of the year, as chosen by Associated Press Music Writer Maria Sherman. Instead of embracing the antiquated practice of ranking very different albums against one another, we're celebrating the best next to the best. Leading the charge is Peso Pluma, whose third studio album, “Génesis,” became the highest-charting regional Mexican album of all time. “Hackney Diamonds,” The Rolling StonesPrior to “Hackney Diamonds,” the Rolling Stones hadn’t released an album of original material in 18 years. AP's Jocelyn Noveck put it best: This album is their best new work in decades — tight, focused, full of heart and swagger.

Persons: Maria Sherman, “ Barbie, “, Carín León, ”, Pluma, Olivia Rodrigo, Rodrigo, —, Joan Didion, ” Rodrigo, “ Lucky, Megan Moroney Let’s, Morgan Wallen’s “, Luke Combs, Tracy Chapman’s, Megan Moroney, Taylor Swift, Charlie Watts, Andrew Watt, Post Malone, Justin Bieber, Lady Gaga, AP's Jocelyn Noveck, Raven, Kelela, Shaadi Devereaux, ” Karol G, reggaetón, Daddy Yankee, J Balvin, Rauw Alejandro, Karol G's, there's, Ojos, Shakira, It’s, Carlos Niño, Rihanna, Beyoncé, Kendrick Lamar’s, Arlo, Arlo Parks Organizations: ANGELES, Associated Press, banda, Tennessee, “ Hackney, Ojos Ferrari, Sun, Chicago, NFL, Carolinas, — Locations: Mexican, Mexico, Kelela, Será, Puerto Rican, Panamanian, , New York, Colombian, “ Carolina, California, Sunbeams, ”

☆ Some Tesla Cybertruck reservation-holders were underwhelmed by Elon Musk's big launch party – but many say they'll still buy one
▼ + stars: | 2023-12-03 | by ( Grace Kay | Nora Naughton | ) www.businessinsider.com time to read: +5 min

It lasted 30 minutes and fans later found the truck had a lower range and higher price on their own. AdvertisementAfter a four-year wait, the official Cybertruck launch party lasted about 30 minutes and left some order-holders wanting more. CEO Elon Musk stood in the bed of the Cybertruck listing off its specs – many of which had been leaked ahead of the launch . Following the launch party, all of the specs and prices for the three Cybertruck variations were posted to Tesla's website. AdvertisementThe Cybertruck launch was always going to be a difficult tightrope for Musk to walk , said Martin French, managing director at automotive consultancy Berylls.

Persons: —, Elon Musk, Zack Nelson, Christopher Bowe, there's, Bowe, Nelson, we'd, Elon, Martin French, doesn't, Tesla, Matthew Donegan, Ryan, Donegan, Eric Locke, he's, Locke Organizations: Service, Porsche, Ford, Business, YouTube, nab

The hundreds of fossil fuel-connected people make up just a tiny share of the 90,000 people who registered to attend the climate summit known as COP28. “Let history reflect the fact that this is the Presidency that made a bold choice to proactively engage with oil and gas companies,” al-Jaber said. COP28 comes as the planet faces a mounting imperative to reduce greenhouse gas emissions. David Hone, Shell's chief climate adviser, is in Dubai for at least his 17th appearance at the annual climate talks. At the moment, it's preventing about 0.1% of the energy sector's carbon emissions from reaching the atmosphere, according to the IEA.

Persons: Bob Deans, Deans, Sultan al, Jaber, “, ” al, COP28, TotalEnergies, Paul Naveau, Patrick Pouyanné, ” Naveau, Naveau, Shell, that's, ”, Arthur Lee, David Hone, Hone, Rachel Rose Jackson Organizations: The United Nations, U.S, Resources Defense, United Arab Emirates, Global, Coalition, Shell, TotalEnergies, BP, AP, Nations, UN, didn't, ”, International Energy Agency, IEA, Chevron, Corporate Locations: United Nations, Dubai, Chevron, Shell's

In 2019, Jesse Wig, Adam Colucci and Dan Spanovich bought an abandoned high school in Homestead, Pennslyvania. Wig, Colucci, and Spanovich went into the project with a budget of $3.2 million and, in the end, spent about $4.5 million renovating the Schwab School. The partners ended up spending about $4.5 million to renovate the Schwab School. Because Bowtie High and the Schwab School are across the street, the two are sister buildings. For now Wig, Colucci, and Spanovich don't have plans to take on another project together.

Persons: Jesse Wig, Adam Colucci, Dan Spanovich, Schwab, Charles M, Spanovich Organizations: Schwab, CNBC, Schwab Vocational School, Pittsburgh Post, Gazette, Scwab, Malhari Media Locations: Homestead, Pennslyvania, American, Pennsylvania

John Kerry, President Joe Biden's climate envoy, is expected to announce at COP28 a global strategy in nuclear fusion. If it is produced using renewables like wind or solar power, as opposed to fossil fuel generated power, it is called green hydrogen. Governments and companies think green hydrogen could be a way to clean up hard-to-decarbonize industries like steel and cement-making and other industrial manufacturing. PwC said technologies like green hydrogen and reducing food waste have relatively high emissions reduction potential, but are receiving a small share of start-up investment. In 2023, green hydrogen got 3.9% of global climate-tech venture funding, while food waste got 0.7%, it said.

Persons: PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Timothy Gardner, Richard Valdmanis, Diane Craft Organizations: International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship, Reuters, Thomson Locations: Olfus, Iceland, Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa

"Since then, the United States has turned ambition into action." On the sidelines of the conference, the United States also unveiled new measures to curb emissions of the powerful greenhouse gas methane from oil and gas operations. That awkward coincidence underscores one of COP28's most contentious questions: Can the world's response to climate change involve continuing use of fossil fuels? Harris told the conference that the United States supports phasing out of "unabated coal" use, but she did not mention other fossil fuels. "We're in a context in which we need to reduce production of fossil fuels and ... we need to be on a path of lower consumption.

Persons: Kamala Harris, Joe Biden, Harris, haven't, aren't, Catherine Abreu, John Podesta, Richard Valdmanis, Valerie Volcovici, Sarah McFarlane, Simon Jessop, Katy Daigle, Kevin Liffey, Diane Craft Organizations: Climate Fund, OPEC, United, UAE, Saturday, Exxon Mobil, Saudi Arabia's Aramco, Oil, Climate Initiative, Reuters, Thomson Locations: DUBAI, United States, Dubai, COP26, America, China, Texas, New Mexico, United Arab Emirates, U.S, Saudi, Ukraine

☆ Finance workers in London are most exposed to the threat of AI, and it should put Wall Street on notice – study shows
▼ + stars: | 2023-12-02 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

The finance and insurance sector is the most exposed to the adoption of AI. The report found jobs in finance, law, and business management were likely to be impacted by AI. AdvertisementA new report that measures AI's effect on London city workers may raise alarm bells on Wall Street. "The finance & insurance sector is more exposed to AI than any other sector," the report said. Here are the top ten UK sectors with the highest exposure to AI:Advertisement

Persons: — Organizations: UK government's Department for Education, Service, UK government's Department, Education's Unit Locations: London

☆ How Married Indie Pop Musicians Spend Their Sundays
▼ + stars: | 2023-12-02 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +1 min

Ian Devaney and Aidan Noell, the married couple behind the indie pop trio Nation of Language, have been on a roll since they asked friends and family to fund their debut record in 2018 in lieu of wedding gifts. Whether they’re home or on the road, though, “Ian and I lead a very conjoined life,” Ms. Noell said. DIVISION OF LABORDevaney: Usually our cat wakes us up at 5 a.m., looking for breakfast. Aidan doesn’t typically get out of bed for that. If I do fall back to sleep, Aidan wakes up first.

Persons: Ian Devaney, Aidan Noell, Stephen Colbert, ”, “, Alex MacKay, doesn’t, Devaney, Noell, “ Ian, Ms, Aidan doesn’t, Aidan Organizations: Brooklyn Steel, Rockefeller Center, East Coast Locations: East, East Coast ., Prospect Lefferts

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