(Reuters) – Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion…
LONDON (AP) — Ships loaded with grain departed Ukraine on Tuesday despite Russia suspending its participation in a U.N.-brokered deal that ensures safe wartime passage of critical food supplies meant for parts of the world struggling with hunger. But the United Nations said vessels would not move Wednesday, raising concerns about future shipments. Three ships…
By Lisa Richwine LOS ANGELES (Reuters) – U.S. subscribers to the Disney+ streaming service will be able to purchase new Star Wars lightsabers, Black Panther masks and other merchandise starting on Tuesday, a week ahead of the general public, Walt Disney Co said in statement. The company described the offering as a limited test of…
Shares of Uber surged Tuesday after the company said there is little evidence that Americans are pulling back on hailing rides or ordering food deliveries despite soaring inflation. “Cities are reopening, travel is building, and more broadly a continued shift of consumer spending from retail back to services,” said CEO Dara Khosrowshahi. “We’ve seen these…
Pfizer’s COVID-19 treatment helped the pharmaceutical giant balance tumbling international sales for its coronavirus vaccine and top third-quarter expectations. The pill treatment Paxlovid brought in $7.5 billion in sales in the quarter and has generated more than $17 billion so far this year. Sales from the vaccine Comirnaty, meanwhile, tumbled 66% to $4.4 billion in…
ST. PAUL, Minn. (AP) — The political fight is only getting fiercer over whether it’s financially wise or “woke” folly to consider a company’s impact on climate change, workers’ rights and other issues when making investments. Republicans from North Dakota to Texas are ramping up their criticism of “ESG investing,” a fast-growing movement that says…
By Michael Hogan HAMBURG (Reuters) -Chicago wheat and corn futures fell on Tuesday as grain shipments continued from Ukraine despite Russia suspending its participation in an export agreement for a safe shipping channel from Ukrainian ports. Soybeans rose on hopes of more U.S. export sales to China, while protests were eyed in Brazil – including…
TOKYO (AP) — Sony said Tuesday its quarterly profit through September rose 24% on healthy demand for its music and movies, prompting the Japanese entertainment and electronics giant to raise its annual sales and profit forecasts. Tokyo-based Sony’s July-September profit totaled 264 billion yen, or $1.8 billion, up from 213 billion yen in the previous…
LONDON (AP) — BP’s earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia’s invasion of Ukraine. Underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, jumped to $8.15 billion from $3.32 billion in the same…
Johnson & Johnson is spending more than $16 billion to move deeper into treating heart disease and continue a shift started last year away from its consumer health roots. The health care giant said Tuesday that it will buy the cardiovascular technology company Abiomed, which makes a heart pump used on patients with severe coronary…
