Environment
Shares of Jennifer Garner’s Once Upon a Farm pop 20% in public market debut
Jennifer Garner, co-founder of Once Upon a Farm, center, and Cassandra Curtis, co-founder of of Once Upon a Farm, center right, during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Feb. 6, 2026. Michael Nagle | Bloomberg | Getty Images Once […]
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Stellantis to take $26 billion hit overhauling its business after ‘over-estimating the pace of the energy transition’
Automaker Stellantis said on Friday it expects to take a roughly 22-billion-euro ($26 billion) hit as it overhauls its business to accelerate the rollout of electric and hybrid vehicles. The Jeep maker also pre-released some figures for the fourth quarter, saying it anticipates a net loss for 2025. In recognition of that net loss, it […]
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Tesla maintains competitive showing in China-made EV sales despite industry headwinds
Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from […]
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China’s EV slowdown persists as BYD posts near two-year low in sales
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images BEIJING — Chinese electric car giant BYD reported a nearly two-year low in local sales in January, signaling mounting […]
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Chevron signs initial exploration deal for Syrian waters with Qatari firm, Reuters reports
The logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018. Marco Bello | Reuters Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate the exploration for oil and gas offshore Syria, a spokesperson for […]
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York Space starts trading at $38 per share as CEO touts ‘Golden Dome’ potential
York Space Systems began trading as a public company on Thursday, with founder and CEO Dirk Wallinger touting the company’s potential to be a key contributor to President Trump’s ‘Golden Dome’ project. The Denver-based space company opened on the New York Stock Exchange at $38, up 11.7% from its $34 offering price. It was valued […]
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Big Tech’s AI data center push is spawning a new heat economy
Students at a tech university in Dublin are enjoying an unexpected perk of artificial intelligence — it’s helping heat their campus. Since 2023, the Technical University of Dublin’s Tallaght campus has been one of a growing number of buildings in the southwest suburban area of the city to be heated by waste heat from a […]
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Fossil fuels are a ‘crutch’: How AI’s unlikely winner could be renewable energy
Stalled demand for energy in Europe pushed investors away from renewables, but artificial intelligence could see cash flow back into the sector, while also uplifting fossil fuels. Global electricity generation from renewables is expected to jump by 60% in 2030, accounting for 45% of total electricity output, per the International Energy Agency. Almost 50% of […]
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Greenland’s freshwater reserves seen as ‘frozen capital’ as water becomes a national security issue
Water is a finite resource — and increasingly a national security issue, analysts told CNBC. Water demand is expected to outpace supply by as much as 40% in 2030, according to a 2023 landmark report on the economics of water. At the same time, climate change is affecting weather patterns and once water-abundant areas are […]
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Big Tech is poaching energy talent to fuel its AI ambitions
Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring […]
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