transition
By Lisa Baertlein LOS ANGELES (Reuters) – Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe. Their order books, however,…
Sam Altman has been tapped to cochair the transition team for San Francisco’s mayor-elect.The OpenAI CEO will advise Daniel Lurie as he looks to tackle SF’s drug and homelessness issues.Altman has given thousands to Democrats this campaign cycle.Sam Altman is the latest tech exec to get a seat at the…
By Hannah Lang, Michelle Price and Chris Prentice WASHINGTON (Reuters) – Officials on President-elect Donald Trump’s transition team are considering current and former Commodity Futures Trading Commission officials for chair of the agency, according to four people with knowledge of the matter. While the derivatives market regulator has traditionally been…
By Jarrett Renshaw (Reuters) -President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S.…
Business leaders are speaking out on Election Day — including Starbucks founder Howard Schultz.Schultz on Tuesday called for a peaceful transition of power. He didn’t endorse a candidate.Elon Musk and Reid Hoffman are reiterating their support for Trump and Harris, respectively, too. Election Day has finally come, and executives at…
By Simon Jessop LONDON (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank’s chief sustainability officer told Reuters. A slowdown in electric vehicle sales, lagging adoption of biofuels in aviation…
Varun Kulkarni transitioned from consulting to a senior product manager role at Cisco.He spent about eight months preparing for the shift in industry.He tailored his résumé to highlight skills that apply to tech more than they do to consulting. Varun Kulkarni was five years into his consulting role at Deloitte…
By Gilles Guillaume PARIS (Reuters) – Renault (EPA:) CEO Luca de Meo’s bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe’s fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge. Demand for expensive electric…
OpenAI is transitioning to a for-profit company so it can raise billions more in funding.The company has operated under a nonprofit board since its launch, adding a for-profit arm in 2019.It’ll need to take several steps as part of this change. OpenAI took the tech world by surprise — again…
1-800-FLOWERS.COM, Inc. (FLWS), a leading e-commerce provider of floral and gourmet food gifts, conducted its fiscal 2024 fourth quarter and year-end earnings call, announcing significant growth in EBITDA and a strategic focus for the coming year. Chief Financial Officer Bill Shea confirmed his retirement set for December, with James Langrock,…
