Understanding climate change requires wrapping your head around some crazy financial figures. To transition the global economy away from fossil fuels, governments, financiers, and businesses must invest some $4 trillion into clean energy every year beginning in 2030, according to the International Energy Agency. That sounds like a lot, but it’s dwarfed by the cost of doing nothing. Insura…
Read moreTwitter Inc. “took action” on a record number of user accounts for violating the company’s hate speech policies during the second half of 2020, a reflection of the company’s decision to expand its rules.
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Airbnb CEO Brian Chesky recently announced that the company’s employees will be able to work from anywhere, including (for up to three months) overseas. He also abolished location -based pay, at least within the U.S. In the days following th…
Read moreThe U.S. government has sold the only copy of the Wu-Tang Clan’s “Once Upon a Time in Shaolin,” an album that had been owned by “Pharma Bro” Martin Shkreli.
The price and identity of the buyer is being kept secret, per terms of the sale, according to a press release Tuesday from the acting U.S. Attorney for the Eastern District of New York. “The buyer&r…
Read moreYahoo and LinkedIn are the latest U.S. companies to throw in the towel amid China’s sweeping crackdown on private enterprise—with both announcing they are ending their services in the world’s most populous country.
But even as many experts say Beijing is presenting an increasingly hostile business environment for U.S. firms, the vast majority say they have no intention o…
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