Greta Thunberg Slams COP 28 Climate Deal as Inadequate to Prevent 1.5°C Temperature Rise
Greta Thunberg, the prominent climate activist, criticized the COP 28 climate deal reached in Dubai, stating that it is insufficient to prevent temperatures from rising above 1.5 degrees Celsius, which is considered a critical limit by scientists.
U.S. Retail Sales Surge in November, But Concerns Loom Over Future Consumer Spending
In November, Americans increased their spending ahead of the holiday season, with retail sales rising by 0.3%, surpassing expectations and reversing the decline recorded in October.
GM Fires Nine Executives at Cruise Following Pedestrian Accident
General Motors (GM) has fired nine executives at its autonomous vehicle subsidiary, Cruise, following a pedestrian accident in San Francisco.
Supply Chain Shifts Post-Pandemic Mean Longer Tender Lead Times and Diversification, but Lean Inventories Persist
Supply chain trends have shifted since the COVID-19 pandemic, with a focus on tender lead times increasing by 10-15%.
El Niño Event Weakens, Transition to Neutral Pattern Sparks Uncertainty in Weather Outlook
The recent El Niño event, which reached strong levels, is showing signs of weakening, possibly transitioning to a neutral state.
Tesla Recalls 2 Million U.S. Vehicles to Enhance Autopilot Safety Features Amidst Criticisms
Tesla is recalling over 2 million vehicles in the U.S. to update software and address a defective system designed to ensure driver attention while using Autopilot.
Global Agreement on Fossil Fuel Transition Falls Short of Full Phase-Out, but Marks Significant Progress
Government ministers from nearly 200 countries reached an agreement, known as the UAE Consensus, that calls for a transition away from fossil fuels.
U.S. Gas Prices Plummet to Lowest of the Year Amid Falling Oil Prices and Production Cuts
Gas prices in the United States are dropping, with the national average at $3.137 per gallon, down 9 cents from the previous week and the lowest of the year.
A Post-Pandemic Aerospace Landscape is Filled with Challenges, Recovery, and Capital Investment
In 2020, the aerospace industry faced a significant upheaval due to the COVID-19 pandemic, resulting in a sharp decline in travel demand, plummeting aircraft orders, and a major impact on aerospace suppliers.
UAW Throws Flag on Honda, Hyundai, and Volkswagen for Playing Rough in Labor Game
The United Auto Workers (UAW) has called foul on Honda, Hyundai, and Volkswagen, accusing them of playing dirty in the labor arena.
Hasbro Cuts 1,100 Jobs Amidst Sales Slump as Mattel Shines with Barbie
Hasbro, known for Monopoly and Play-Doh, is cutting 1,100 jobs, approximately 20% of its workforce, due to disappointing sales ahead of the holiday season.
US Commerce Secretary Voices Alarm Over China's Chip Breakthrough Amid Huawei Concerns
Commerce Secretary Gina Raimondo's got her eyebrows raised about China's chip wizardry, and she's saying Uncle Sam won't sit back.
Strong Climate Denial Groups at UN Climate Talks Spark Concerns
Over 160 industry groups, think tanks, and PR agencies with a history of climate denial have scored access to the UN climate talks in Dubai.
German Union IG Metall Rejects IF Metall's Strike Call Against Tesla Sweden as Illegal
German trade union IG Metall has rejected Swedish union IF Metall's call for a strike against Tesla Sweden, deeming it illegal.
Biden Administration Allocates $3 Billion in Federal Funds to Troubled California High-Speed Rail Project
The Biden administration is providing California with over $3 billion in federal funds for its high-speed rail project, which has faced extensive delays and budget overruns.
Controversial COP28 Climate Agreement Draft Omits Fossil Fuel Phase-Out, Drawing Criticism
The latest draft of the COP28 climate agreement has removed the call to phase out fossil fuels, replacing it with a broader call for countries to reduce planet-warming pollution.
Sam Altman's Leadership Style Under Scrutiny After Manipulative Tactics and Board Clash at OpenAI
In the aftermath of Sam Altman's brief ousting from OpenAI, new insights into his leadership style have emerged.
Republican Leaders Probe $3 Billion DOE Award to Sunnova Amid Accusations of Exploitative Sales Practices
Republican leaders in Congress are investigating the Department of Energy's $3 billion award to Sunnova Energy Corporation, a solar company accused of exploiting vulnerable customers with deceptive sales practices.
U.S. Passenger Rail Receives a $8.2 Billion Investment for 10 Projects Nationwide
The U.S. Department of Transportation's Federal Railroad Administration (FRA) has allocated $8.2 billion for 10 passenger rail projects and introduced corridor planning initiatives across the United States.
OPEC Expresses Concern Over Possible Fossil Fuel Phase-Out Discussion at Cop28
The OPEC oil cartel has expressed concerns in leaked letters about the potential for a "fossil fuels phase out" being discussed at Cop28, the UN climate summit.