Business

Sempra Is Said to Be Near Deal to Acquire Oncor Electric

Bloomberg - 2 hours ago
Sempra Energy is nearing a agreement to buy Oncor Electric Delivery Co. for about $9.3 billion, according to people familiar with the matter, potentially putting itself in line to scoop up the Texas...

Former GE CEO Jeffrey Immelt reportedly tops the list to replace Travis Kalanick as Uber's CEO

Business Insider - 5 hours ago
Jeffrey Immelt, the former CEO of GE, is now the top candidate to become the new CEO of Uber, Recode reported on Saturday, citing "numerous" unnamed sources. A majority of the board of the...

It's become almost impossible to figure out what Tesla is actually worth

Business Insider - 1 day ago
Generally speaking, investors want a precise assessment of what the companies they invest in are worth. Valuation is both art and science, of course, as there's never a guarantee that a company...

VW's adorable ID Buzz hits dealerships in 2022, but we drove it today

CNET - 1 day ago
At this year's North American International Auto Show, we saw gorgeous concept and production cars from companies around the world, but there was only one concept that was an almost-universal...

First span of NY bridge built to carry millions opening

Washington Post - 11 hours ago
ALBANY, N.Y. — New York Gov. Andrew Cuomo's signature public works project, a $4 billion bridge to be named after his father, is about to begin carrying commuters across the Hudson River in the...

Watch the North American Power Grids Respond to the 2017 Eclipse, Live!

PR Newswire (press release) - 2 days ago
ALAMEDA, Calif., Aug. 18, 2017 /PRNewswire/ -- On Monday, Aug. 21, North American power grids will be the subject of a celestial experiment: Now that there's lots of grid-connected solar power,...

Nestle's Poland Spring is common groundwater, new suit alleges

The Mercury News - 1 day ago
(Tom Starkweather/Bloomberg News Archives) Poland Springs says its water bottles contain “100 percent natural spring water” from a source deep in Maine's woods, but a new lawsuit disputes...

JD Gets Sold Off, As Market Perception Shifts In Alibaba's Favor

Seeking Alpha - 11 hours ago
Alibaba's net sales trumped that of JD; profits were also higher, but JD's free cash flow accelerated more strongly. The market is valuing net sales growth more than earnings and free cash...

National parks put a ban on bottled water to ease pollution. Trump just sided with the lobby that fought it.

Washington Post - 2 days ago
The Trump administration has ended a six-year-old ban on selling bottled water at some national parks that was aimed at easing plastic pollution and the huge amount of waste being recycled. In a...

Walmart Wants to Take on Amazon With Flying Warehouses

Fortune - 11 hours ago
Wal-Mart Stores Inc. has opened a new front in its battle with Amazon.com Inc. The world's largest retailer has applied for a U.S. patent for a floating warehouse that could make deliveries via...

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Government to water down plans to crackdown on excessive executive pay

Telegraph.co.uk - 2 hours ago
The Government is preparing to water down plans to curb excessive executive pay, amid fears of gridlock in Parliament and claims that current legislation is “working well”. The Prime Minister...

Tesla's Elon Musk leads tech experts in demanding end to 'killer robots arms race'

The Independent - 3 hours ago
Over a hundred experts in robotics and artificial intelligence are calling on the UN to ban the development and use of killer robots and add them to a list of 'morally wrong' weapons...

O2 throws weight behind BT in 5G mobile auction row

Telegraph.co.uk - 5 hours ago
Pressure was mounting on telecoms regulators last night to organise a quick auction of rights to the airwaves, as fears grew that a court clash between mobile operators will delay investments in...

Train derails as it departs London Paddington station

BBC News - 10 hours ago
Passengers had to be evacuated from a train after it derailed while leaving Paddington station in London. The rear power car of the Great Western Railway train partially left the track as it departed...

Banks help to drive global growth in dividends

Financial Times - 1 hour ago
The pace of global dividend growth grew in the second quarter of 2017, thanks to more evenly spread economic growth and a revival in banking sector payouts following years of stress tests that have...

Property prices UK: Midlands mini-BOOM as asking prices soar in August

Express.co.uk - 2 hours ago
ASKING prices across the UK have grown 3.1% annually, according to the latest Rightmove House Price Index released today. By Louisa Fletcher, Property Expert. PUBLISHED: PUBLISHED: 00:01, Mon, Aug...

New South Western Railway launches promising 'faster journeys and more services' for passengers

Surrey Mirror - 7 hours ago
South Western Railway has begun operating in the south of England, taking over the running of trains in Mole Valley which were South West Trains services up until this morning. The new railway...

French fighter jet 'tracks' Jet2 flight on route to Birmingham

BBC News - 1 day ago
A passenger on board a plane flying from Spain to Birmingham has told of the "terrifying" moment holidaymakers realised their aircraft was being shadowed by a French fighter jet. The Jet2...

Twitter backer IVP in talks to buy stake in £1bn TransferWise

Sky News - 17 hours ago
One of Silicon Valley's oldest investors is close to snapping up a stake in the British payments start-up, Sky News learns. 11:05, UK, Sunday 20 August 2017. TransferWise website. Image:...

Pension cold calls to be banned after UK fraud soars

Financial Times - 11 hours ago
Ministers are to ban cold calls, text messages and emails related to pensions after losses to scams reached record highs. The UK government will also tighten rules on pension transfers and on opening...

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