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☆ Meet the Indian industrialist worth almost as much as Elon Musk after getting $42 billion richer this year
▼ + stars: | 2022-12-29 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Gautam Adani is worth $119 billion, just $13 billion less than Elon Musk, per Bloomberg. The Indian industrialist is now worth $119 billion, according to the Bloomberg Billionaires Index. Adani is founder and chairman of the Adani Group, a multinational conglomerate with businesses spanning energy, mining, ports, and airports. Arnault is worth $162 billion and Musk about $132 billion. The Adani Group comprises seven listed companies that have 23,000 staff and are worth $166 billion, though that is down from $242 billion in August.

☆ 'Glass Onion' director Rian Johnson jokes that Netflix secretly funded Twitter's takeover as his fictional idiot billionaire draws comparisons with Elon Musk
▼ + stars: | 2022-12-27 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

"Glass Onion" director Rian Johnson joked that Netflix might have funded the Twitter takeover. Johnson said this wasn't intentional, saying the character reflected general tech billionaire foibles. I hope there isn't some secret marketing department at Netflix that's funding this Twitter takeover," Johnson said. Johnson told Wired that Norton's character was originally based on an amalgamation of tech billionaire personalities. Asked if he would ever write a sequel about the downfall of Twitter, Johnson responded: "Didn't I just do that?"

☆ 3 morning habits to help you be happier and more productive at work, according to psychologists
▼ + stars: | 2022-12-18 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

We've all heard it before: Having a morning routine is essential to a successful life. There are science-backed benefits of having a morning routine: past research has shown that a consistent morning routine can reduce stress, boost your energy levels and improve your productivity at work. The benefits of doing a relaxing, offline activity in the morning will last throughout the day, Sorensen says, because you're starting the day off feeling "more grounded and recharged." "It gives you sustainable energy to help you power through the day and keep stress in check," she adds. "It's a really sweet, quiet moment of quality time that I look forward to, and it rejuvenates me before I plunge into work," she says.

☆ Nuclear fusion breakthrough: Scientists generate more power than used to create reaction
▼ + stars: | 2022-12-13 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +9 min

Fusion is the way that the sun makes power, but recreating a useful fusion reaction here on earth has eluded scientists for decades. The National Ignition Facility target chamber at the Lawrence Livermore National Laboratory is where scientists shoot lasers and watch and measure what happens when those lasers collide on a fuel source. Reaching ignition means the fusion experiment produced more energy from fusion than the laser energy that used to drive the reaction. "For the first time on Earth, scientists have confirmed a fusion energy experiment released more power than it takes to initiate, proving the physical basis for fusion energy. But it's proven extremely challenging to sustain a fusion reaction here on earth, and scientists have been trying for decades.

☆ Elon Musk has criticized Apple for years. Apple has mostly ignored him.
▼ + stars: | 2022-11-30 | by ( Kif Leswing | Lora Kolodny | ) www.nbcnews.com time to read: +9 min

This week, Musk claimed in a tweet that Apple had mostly stopped advertising on the Twitter platform. Apple is not alone in reducing its campaigns on the social media platform since Musk took over. If the so-called “Apple Car” ever came to market, Tesla and Apple would be direct competitors. Cook and MuskHave Apple CEO Tim Cook and Musk ever spoken in depth? Around 2016, according to the book, Musk and Cook spoke about Apple potentially acquiring Tesla.

This week, Musk claimed in a tweet that Apple had mostly stopped advertising on the Twitter platform. Apple is not alone in reducing its campaigns on the social media platform since Musk took over. Whether accurate or not, Musk's allegation that Apple has "threatened to withhold" Twitter from its App Store may resonate with other developers. One of the most notable people to switch sides was Doug Field, who started at Apple, joined Tesla and then rejoined Apple. In case anybody missed the reference to Apple's App Store, which Apple maintains as the exclusive way to distribute apps to its devices, Musk then faked a cough and said, "Apple."

☆ Energy stocks could double next year even in a flat market, according to Fundstrat's Tom Lee
▼ + stars: | 2022-11-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

"But it turns out that because of the continued and current dependence on fossil fuels, energy security is a big deal. That's actually helpful for energy stocks." But what we saw in 2022 was a lot of creativity" in how Europe sourced energy, Lee said. Energy stocks, however, have "sustained upside" because their valuations are so low, he added. "If energy is as important to the economy as we understand it to be – you can't really run an economy without supply of energy – then energy stocks should have a market cap that matches the net income share," he said.

☆ New York governor signs first-of-its-kind law cracking down on bitcoin mining — here's everything that's in it
▼ + stars: | 2022-11-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

Kathy Hochul signed a law Tuesday banning certain bitcoin mining operations that run on carbon-based power sources. "The bitcoin mining industry is actually leading in terms of compliance with that Act." "Our customers are being scared off from investing in New York state," said Foundry's Zhang. "Bitcoin mining operations are providing high-paying and high-grade, great jobs for local communities. "Other blue states often follow the lead of New York state and this would be giving them an easy template to replicate," said Foundry's Zhang.

☆ U.S. export restrictions of powerful chips to China hurt now, but should prove bullish long term
▼ + stars: | 2022-11-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The advanced chips are what we want to focus on as those represent the big risk to the current world order should they fall into the wrong hands. As a result, it is simply too risky to allow China to continually gain an increasing controlling position over the semiconductor manufacturing process. For this reason, we think that as painful as it may be in the near term, the U.S. isn't wrong to block advancement in China. Lastly, don't forget, thanks to the latest restrictions, U.S. citizens risk losing their citizenship should they choose to help China pursue its advanced chip production goals. Along with these defensive actions, we are pleased to see more domestic support for the semiconductor industry.

☆ U.S. Vice President Harris announces $20 million new clean energy funding for Mekong region
▼ + stars: | 2022-11-20 | by ( Poppy Mcpherson | ) www.reuters.com time to read: +1 min

BANGKOK, Nov 20 (Reuters) - U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailand on Sunday following a regional summit. She spoke to civil society and business leaders in Bangkok after the close of a meeting of the 21-member APEC bloc a day earlier. "In particular we know that the climate crisis presents a real threat to the communities who depend on the Mekong River. In Thailand, in Vietnam, Laos." Reporting by Poppy McPherson; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ US VP Harris announces $20 mln new clean energy funding for Mekong region
▼ + stars: | 2022-11-20 | by ( Poppy Mcpherson | ) www.reuters.com time to read: +1 min

☆ First Solar selects Alabama for new factory as Inflation Reduction Act prompts domestic manufacturing boom
▼ + stars: | 2022-11-16 | by ( Pippa Stevens | ) www.cnbc.com time to read: +2 min

First Solar said Wednesday that it has selected Alabama as the site for its fourth U.S. solar panel manufacturing facility, after the Inflation Reduction Act and its incentives for domestic manufacturing encouraged companies to onshore production. First Solar CEO Mark Widmar previously told CNBC that the Inflation Reduction Act was the key catalyst that led First Solar to choose the U.S. for its latest factory. The U.S. solar industry now stands at around 126.1 GW, which is enough to power 22 million homes, according to the Solar Energy Industries Association. Shares of First Solar hit their highest level since April 2011 on Wednesday after the IRA reignited interest in renewable energy companies. Other solar companies, including SolarEdge and Enphase Energy , have said they are exploring manufacturing in the U.S. following the climate bill.

☆ Elon Musk says 'I have too much work on my plate'
▼ + stars: | 2022-11-14 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

[1/2] Elon Musk, Tesla Inc. CEO, is seen on screens as he speaks virtually during the B20 Summit, ahead of the G20 leaders' summit, in Nusa Dua, Bali, Indonesia, November 14, 2022. "I have too much work on my plate that is for sure," Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali. Musk is chief executive of both companies and also runs rocket firm SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company. Responding to an observation that many business leaders in Asia wanted to be the "Elon Musk of the East," Musk said: "I'd be careful what you wish for. "I'm just looking at this video and it's so bizarre," Musk said.

☆ Factbox: G20 summit: Which leaders will attend Bali summit?
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +5 min

It will also mark the first face-to-face meeting between U.S. President Joe Biden and Chinese President Xi Jinping since Biden became president. CHINA'S PRESIDENT XI JINPINGXi's visit to Southeast Asia will be only his second foreign trip since the beginning of the COVID-19 pandemic. UKRAINE'S PRESIDENT VOLODYMYR ZELENSKIY (VIRTUAL)Indonesia invited Zelenskiy to attend the summit as an obsever, although the Indonesian foreign ministry has said he will appear at the summit virtually. INDIAN PRIME MINISTER NARENDRA MODIModi is due to symbolically take over the G20 presidency from current chair Indonesian President Joko Widodo in Bali. He also committed to work closely with the Indonesian president to help deliver a successful summit.

☆ The private sector is in a position to make a sustainable future possible. IBM has the resources to help.
▼ + stars: | 2022-11-11 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +4 min

As a tech company dedicated to using innovative technologies to address environmental challenges, IBM is working to provide this support to local and regional organizations across the globe. The model that IBM is developing helps invest in equitable and long-term solutions to environmental injustice. IBM has consistently tackled the most pressing challenges of the day by building technologies to help operationalize sustainability — including solutions designed to support developing economies transitioning to a clean energy future. That's why IBM is now working to give these local and regional organizations support from engineers, technology, and climate experts to help scale these projects and reach their environmental goals. This is a model that all companies — and particularly those that have tech solutions and vast resources — should consider employing.

In his first companywide email to Twitter employees, new owner and CEO Elon Musk said he was ending the social network's "work from home forever" policy. He also warned employees that the company might not survive the economic downturn without significant subscription revenue. From: Elon Musk [email removed] Date: Nov 9, 2022 [time stamp removed] To: Team Sorry that this is my first email to the whole company but there is no way to sugarcoat the message. We are also changing Twitter policy such that remote work is no longer allowed unless you have a specific exception. Thanks, ElonWATCH: Twitter is now Elon Musk's company — Here's how experts responded to the news

☆ The US is creating a carbon-offset plan for corporations that would fund developing countries' moves to clean energy
▼ + stars: | 2022-11-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

The plan would create revenue to fund developing countries' moves toward clean energy. "This is a critical tool that will supplement, not replace, other sources of climate finance." The US will also consult with organizations that are trying to improve the scientific integrity of carbon credits. "Buying emissions reductions from developing countries is not the same thing as channeling climate finance and raises questions about who can count the reductions." African nations unveiled their own carbon-market initiative Tuesday, with an aim to supply 300 million carbon credits each year by 2030 and raise up to $6 billion.

Rep. Mike Levin is running against Republican Brian Maryott in California's 49th Congressional District. 2022 General EmbedsCalifornia's 49th Congressional District candidatesLevin is serving his second term in the House and sits on the Committee of Veterans Affairs, where he is vice chairman. This is his third time running for the 49th Congressional District seat. Voting history for California's 49th Congressional DistrictCalifornia's 49th Congressional District is located in northern San Diego County and includes the cities of Oceanside and Encinitas. Republican hybrid PAC Congressional Leadership Fund leads all spenders, with Democratic hybrid PAC House Majority PAC and the Democratic Congressional Campaign Committee so far placing second and third.

☆ COP27: UAE and Egypt agree to build one of world's biggest wind farms
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: +3 min

The Memorandum of Understanding was signed between the UAE's renewable energy firm Masdar alongside its joint venture with Egypt's main renewable energy developer Infinity and Hassan Allam Utilities, the statement on news agency WAM said. "With this agreement to develop our largest ever project, Masdar is proud to bolster our contribution to Egypt's renewable energy goals," Masdar's CEO Mohamed Jameel al-Ramahi said. When completed, the wind farm would be part of Egypt's Green Corridor initiative, a grid dedicated to renewable energy projects that is aimed at ensuring renewable energy makes up 42% of the country's energy mix by 2035. The wind project would save Egypt an estimated $5 billion in annual natural gas costs, the statement said. Egypt's total installed power capacity was around 59.5 GW in 2019/2020, the country's renewable energy authority said in an annual report.

☆ Tesla stock has dropped more than 35% since Elon Musk first said he'd buy Twitter
▼ + stars: | 2022-11-04 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

(Photo by Gotham/Getty Images)Since Tesla CEO Elon Musk announced his bid to buy social network Twitter , shares in his electric vehicle maker have dipped by more than 35%, and closed down just 3.6% for the day on Friday, amid a market rally that followed a volatile week. Musk first announced he had agreed to buy Twitter on April 25, 2022. Tesla shares closed that day at $332.67, and closed today at $207.47 capping his first full week of Twitter ownership. He has not said who, if anyone, may replace him as Twitter CEO, although he has told followers on Twitter that his position as sole director and CEO of the social network is temporary. Musk's ownership of the social network has caused some automakers, including GM and Audi, to pause ad spending there.

☆ UAE and U.S. reach deal for $100 billion in clean energy projects
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

ABU DHABI, Nov 1 (Reuters) - The United States and United Arab Emirates have reached an agreement to spend $100 billion on clean energy projects with a goal of adding 100 gigawatts globally by 2035, U.S. Secretary of State Antony Blinken said on Tuesday. The two governments signed a memorandum of understanding in Abu Dhabi setting out the framework of the deal, Blinken said in a statement. "This memorandum of understanding is an important step forward in our joint efforts to accelerate our collective movement toward clean energy," Blinken said. Under the initiative, the UAE, an OPEC oil producer, and the United States would provide technical, project management and funding assistance for commercially and environmentally sustainable energy projects in other countries. The statement said the partnership would "assemble and stimulate" private and public sector funding and support for clean energy innovation, carbon and methane management, advanced reactors including small modular reactors, and industrial and transport decarbonisation.

☆ Democratic Rep. Mike Levin faces off against Republican Brian Maryott in California's 49th Congressional District election
▼ + stars: | 2022-11-02 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Mike Levin is running against Republican Brian Maryott in California's 49th Congressional District. California's 49th Congressional District candidatesLevin is serving his second term in the House and sits on the Committee of Veterans Affairs, where he is vice chairman. This is his third time running for the 49th Congressional District seat. Voting history for California's 49th Congressional DistrictCalifornia's 49th Congressional District is located in northern San Diego County and includes the cities of Oceanside and Encinitas. Republican hybrid PAC Congressional Leadership Fund leads all spenders, with Democratic hybrid PAC House Majority PAC and the Democratic Congressional Campaign Committee so far placing second and third.

☆ UAE and U.S. to spur $100 bln in clean energy projects - WAM
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +1 min

ABU DHABI, Nov 1 (Reuters) - The United Arab Emirates and the United States have signed a partnership to spur $100 billion of investments in clean energy projects and add 100 gigawatts of clean energy globally by 2035, state news agency WAM reported on Tuesday. "Together, we will spur large-scale investment in new energy technologies, in our own countries, around the world and in emerging economies," U.S. energy envoy Amos Hochstein said a statement carried on WAM. The statement said the partnership would "assemble and stimulate" private and public sector funding and support for clean energy innovation, carbon and methane management, advanced reactors including small modular reactors, and industrial and transport decarbonisation. Under the initiative, the UAE, an OPEC oil producer, and the United States would provide technical, project management and funding assistance for commercially and environmentally sustainable energy projects in other countries. Reporting by Ahmed Tolba; Writing by Lina Najem and Ghaida Ghantous; Editing by Louise Heavens and Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ EU asks U.S. for same treatment as Canada and Mexico in electric vehicles sales
▼ + stars: | 2022-10-31 | by ( Jan Lopatka | ) www.reuters.com time to read: +1 min

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves HermanPRAGUE (Reuters) -The European Union asked the United States on Monday to treat EU electric vehicles, batteries and sustainable energy equipment sold in the United States the same as those from Canada and Mexico, Czech trade minister Jozef Sikela said. The 27-nation EU has been complaining the U.S. Inflation Reduction Act effectively discriminates against EU producers because it offers tax breaks to consumers on such goods made in North America, but not for those made in the EU. The EU argues that, unlike the United States, it offers the same tax breaks for EU-made and U.S.-made goods in these sectors. The issue is to be resolved by a special task force, which will meet for the first time this week, EU Trade Commissioner Valdis Dombrovskis said.

☆ The craziest Airbnb designs that just won $100,000, from a ghost town gondola and acorn treehouse to a salt cave and Koi fish dome-house,
▼ + stars: | 2022-10-30 | by ( Sarah Belle Lin | ) www.businessinsider.com time to read: +1 min

Airbnb awarded 100 recipients $100,000 each to design out-of-this-world properties. But for those looking to step inside an Airbnb and have their minds blown, there's a specific category for that: the OMG! Judges representing Airbnb chose 100 winners from more than 20 countries to award $100,000 each to bring their designs to life. properties. Common themes submitted included stargazing experiences, musical themes, fruit-, mushroom- and wine-inspired, treehouses, and solar panels to boost sustainable energy.

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