FDIC proposes big banks spend $15.8 billion to clean up SVB…
The Federal Deposit Insurance Corporation said Thursday that the total cost of failure from Silicon Valley Bank And signature bankAround $15.8 billion went to protecting uninsured depositors. The FDIC stated that banking organizations with total assets greater than $50 billion would pay over 95% of the “special assessment.” The figure includes giants like JPMorgan Chase […]
5 Chipotle Mexican Grill Analysts Dive Into ‘Clean Beat’ In Q1 -…
shares of Chipotle Mexican Grill, Inc. CMG surged into early trading on Wednesday after the company reported optimistic quarterly earnings on price increases. Here are some key analyst takeaways from the conference call. Morgan Stanley on the Mexican Chipotle Grill Analyst Brian Harbor reiterated an Equal Weight rating and raised the price target to $1,910 […]
Tesla’s Model 3 cars from Dubai taxi company amid larger clean…
Tesla Inc TSLA and a taxi company from Dubai Arabia Taxi LLC signed an exclusive deal to purchase 269 Model 3 cars. What happened: The taxi company – a unit of Business Group Holdings– will add 269 Tesla Model 3 vehicles to its taxi fleet in Dubai in April 2023, the company said in a […]
Goldman Sachs predicts Biden’s Clean Energy Act will cost $1.2 trillion
Goldman Sachs said President Joe Biden‘S pioneering clean energy legislation would cost about $1.2 trillion, which is three times more than the government’s official estimate. What happened: The global investment banking group said the US Anti-inflation law passed last year will encourage trillions of dollars in private sector investment, Bloomberg reported. The IRA aims to […]
El-Erian: Credit Suisse-UBS deal ‘not clean’ but best option now -…
alliance chief economic adviser well-known economist Mohamed El Erian allegedly said Credit Suisse Group AG CS get over UBS Group AG UBS was not the best solution, but still dominated the other two options available. “It shows you the complexity of what they had to do. Look, that wasn’t the best solution, but it dominated […]
Government of Canada supports clean air and local economic growth through…
EDMONTON, AB, February 3, 2023 /CNW/ – The government of Canada is taking meaningful action as part of its Greening Government Strategy commitment to power federal buildings with 100% renewable electricity by 2025 to help fight climate change and support local renewable energy projects. Today the Honorable Randy Boissonnault, Minister for Tourism and Deputy Treasury […]
Comstock Presents at First Nevada Clean Energy &…
VIRGINIA CITY, Nev., Feb. 02, 2023 (GLOBE NEWSWIRE) — Comstock Inc. VEIN (“Comstock” or the “Company”) is pleased to announce that Mr. Corrado De Gasperis, Executive Chairman and CEO, will be attending the Nevada Clean Energy & Transportation Conference and will participate in a three-person panel dedicated to manufacturing in the electrification supply chain. The […]
Bill Gates on the ‘surprising key’ to a clean energy future
Microsoft co-founder Bill Gates revealed in a recent blog post that his first high school job was “writing software for the unit that controls the power grid in the Northwest.” The billionaire addressed the world’s “clean energy future” and power transmission. What happened: Gates noted that in the early days of the power grid, most […]
Introducing Site Worker, Introducing Flexible Workforce for Clean Energy…
Miami Beach, Fla. – (Newsfile Corp. – January 23, 2023) – site workers, a skilled workforce solution founded by CEO AJ Fusco, has begun matching talent with renewable energy companies to complete America’s clean energy infrastructure projects, including biomass, energy storage, electric vehicle charging, solar and wind power. Site Worker leverages its online platform to […]
Con Edison to sell clean energy businesses to RWE for $6.8 billion -…
Consolidated Edison Inc Ed has completed one Purchase and sale agreement to sell its clean energy business and its subsidiaries to RWE Renewables Americas LLC, a subsidiary of RWEAG RWEOY. The transaction is valued at US$6.8 billion. The transaction is expected to close in the first half of 2023. Con Edison will waive […]