plan

European stocks slide 2.8% after weak euro zone data, new UK economic plan

European stocks were sharply lower on Friday, as investors digested a raft of central bank decisions and a new economic plan from the U.K.The Stoxx 600 was down 2.8% in early afternoon trading, with all sectors and major bourses trading in the red.Oil and gas stocks and basic resources were the biggest fallers, both down …

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Marco Rubio says California electric car plan ‘self-defeating’: People will be ‘charging their cars with coal’

Sen. Marco Rubio criticizes California’s plan to ban sales of gas-powered cars. Sen. Marco Rubio, R-Fla., dismissed California’s intent to ban sales of gas-powered cars by 2035, arguing that until there is new battery technology, electric cars will still be relying on fossil fuels for power. During a press conference held at Resurrection Muscle Cars …

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Republicans plan legal assault on climate disclosure rules for public companies | Climate crisis

Republican officials and corporate lobby groups are teeing up a multi-pronged legal assault on the Biden administration’s effort to help investors hold public corporations accountable for their carbon emissions and other climate change risks.The US Securities and Exchange Commission (SEC) proposed new climate disclosure rules in March that would require public companies to report the …

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Burger King $400 million plan to revive U.S. sales with remodels, advertising

CASCAIS, PORTUGAL – Burger King signs are seen at the local fast food restaurant.Horacio Villalobos | Corbis News | Getty ImagesBurger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales.The Restaurant Brands …

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Amazon has no plan to make workers return to the office, CEO Andy Jassy says

CNN Business  —  Amazon CEO Andy Jassy isn’t looking to force the company’s workers back into the office anytime soon. “We don’t have a plan to require people to come back,” Jassy said at the Code Conference in Los Angeles on Wednesday. “But we’re going to proceed adaptively as we learn.” The online retail giant …

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Volkswagen triggers landmark Porsche IPO plan, defying market doubts

Attendees look at the 2022 Porsche 718 Cayman GT4 RS during the 2021 LA Auto Show in Los Angeles, California, U.S. November 17, 2021. REUTERS/Ringo ChiuRegister now for FREE unlimited access to Reuters.comRegisterHAMBURG/FRANKFURT, Sept 5 (Reuters) – Volkswagen (VOWG_p.DE) on Monday announced its intention to float sportscar brand Porsche, triggering what could become one of …

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WhatsApp’s JioMart shopping integration is the latest in its super app rollout plan

WhatsApp users in India can now do their grocery shopping without ever leaving their messaging app. Meta announced a new integration with JioMart today, through which users can text “Hi” to a certain number and be taken to an in-app shopping experience. The shopping experience looks fairly familiar, akin to what Instacart and other delivery …

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Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

Aug 25 (Reuters) – U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX’s Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced on Thursday, outlining plans to connect users’ mobile phones directly to satellites in orbit.The new plans, which would exist alongside T-mobile’s …

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