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Tag: California

How California is Tackling Its Surplus Solar Energy Challenge

geoengineering

California faces challenges balancing surplus solar energy with demand, prompting infrastructure and policy shifts

Exclusive: L3Harris nears $4.7 billion deal to acquire Aerojet Rocketdyne

L3Harris Technologies Inc is nearing a $4.7 billion deal to acquire U.S. rocket maker Aerojet Rocketdyne Holdings Inc, 10 months after the latter’s $4.4 billion sale to Lockheed Martin Corp fell through, people familiar with the matter said on Saturday.

PayPal says policy to fine customers for ‘misinformation’ was an ‘error’

PayPal Holdings Inc said on Monday it will not fine users for misinformation and an earlier policy update that said customers could have to pay $2,500 in damages was sent in error.

Exclusive: Phillips 66 made renewable fuels without proper permits – regulators

California regulators allege that U.S. refiner Phillips 66 (PSX.N) improperly began processing renewable diesel in a unit at its Rodeo, California refinery, the company confirmed to Reuters.

WalMart expands transportation partnerships with electric, hydrogen vehicle pilots

Retail giant Walmart Inc (WMT.N) on Wednesday said it was expanding transportation pilots with manufacturers of electric, hydrogen and natural gas-powered vehicles, including Cummins Inc (CMI.N) and Daimler Truck’s (DTGGe.DE) Freightliner.

California and New Zealand Form Climate Change Collaboration

Climate change has piqued everyone’s interest. By 2035, California intends to phase out the sale of gasoline-powered vehicles. By the same year, New Zealand hopes to have 30% of all car sales be electric.

U.S. gasoline prices soar to highest since 2008 on Russia conflict -AAA

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday.

California has unveiled a “Smart plan” to combat coronavirus as a manageable threat!

California health authorities have revealed, the next phase of California’s Covid-19 response.

Ford records $8.2 bln fourth-quarter gain from Rivian investment

Ford Motor Co (F.N) said on Tuesday its fourth-quarter results would include an $8.2 billion gain on its investment in Rivian Automotive Inc (RIVN.O), following the electric-vehicle maker’s blockbuster market debut in November.

Japan toaster startup smartphone foray craters stock price

A foray into smartphones by Japan’s Balmuda Inc (6612.T), best known for its high-end toasters, has cratered its stock price with the firm announcing this week it has halted sales of its poorly received handset.

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