Fossil Fuel Companies Say Hydrogen Made From Natural Gas Is a Climate Solution. But the Tech May Not Be Very Green

As a committee of climate scientists and environmental officials deliberated over how to drastically cut New York State’s carbon footprint last summer, natural gas industry representatives were putting forward a counterintuitive pitch: hydrogen, made from fossil fuels.

The concept was simple, explained natural-gas proponents serving on the state’s climate-action council. Indus…

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Texas Considers ESG Insurance Ban

Over the past year, the backlash against so-called ESG investing has swept through red states as legislatures enacted laws punishing investment firms that use environmental, social, and governance metrics in their decision making.

As the saying goes, it’s bigger in Texas.

After banning 10 ESG-friendly financial firms from doing business with the state last summer, right-wing …

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Warren Buffett Takes Path With $27 Billion Buybacks

Bloomberg — Warren Buffett’s Berkshire Hathaway Inc., lacking the blockbuster deals that have galvanized the billionaire investor’s renown, embraced a “mildly attractive” way to deploy its vast cash pile last year via a record-breaking level of buybacks — and showed little sign of changing course.

Berkshire bought back a total of $27.1 billion in 2021, …

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Unilever May Launch Ice Cream From Cow-Free Dairy in a Year

Food giant Unilever is planning a dairy ice cream that uses milk that doesn’t come from a cow.

The company is working on a process called precision fermentation that uses substances like yeast and fungi to produce milk proteins in a vat. A product could be available in about a year, according to Andy Sztehlo, head of Unilever’s research and development in ice cream.

If s…

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The NFL Will Survive Jon Gruden’s Bigotry. But It Must Force Change

The NFL has a nightmare on its hands, thanks to bigoted missives from one if it most prominent (now former) coaches. It started on Friday, when the Wall Street Journal reported that then Las Vegas Raiders coach Gruden sent an email to former Washington Football Team president Bruce Allen that included a racist trope about NFL Players Association executive director DeMaurice Smith. Grud…

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Why Robotaxis Are More Than a Decade Away

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Austin Russell became the world’s youngest self-made billionaire back in 2020 at age 25. And he did it by betting against the hype.

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Why U.S. Income Inequality Hasn’t Risen in a Decade

The U.S. may have the highest level of income inequality of the G7 nations, but new research suggests that disparity has actually stabilized over the last decade, thanks to rapid growth in wages for the lowest-paying jobs.

It just may take a while for the average American to feel it.

A pair of researchers from Harvard and MIT examined data from the period between 1980 and 2020, and …

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Why Tech Companies Struggled to Stop Buffalo Terror Video

Three years after social media platforms committed to put an end to viral videos of terrorist attacks on their platforms, the attack in Buffalo, New York, has revealed that their efforts are still a work in progress.

A self-professed white supremacist targeted Black shoppers at a Buffalo supermarket on Saturday, killing 10 people and injuring three others, in what authorities said was a r…

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Maserati reveals first GranCabrio convertible sports car since 2019

At launch, the Maserati GranCabrio is available in the Trofeo trim level. It includes a 3.0 liter twin-turbo V6 engine.Maserati

Maserati's first GranCabrio convertible since 2019 is expected to go on sale this summer in the U.S. with a top speed of nearly 200 miles per hour and likely a six-figure price tag that will also push the needle.

The sports car is based off the Maserati GranT…

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Macy's will close 150 department stores, but open new locations of other chains

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People shop at the Macy's Herald Square store in New York City, Jan. 19, 2024.Michael M. Santiago | Getty Images News | Getty Images

As Macy's chases sales growth, the department store operator said Tuesday that it will close about 150 of its namesake stores and open more shops with better …

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