Transcript: The Inconvenient Truth About Reaching Net Zero
Read the conversation between author Ed Conway and Merryn Talks Money host Merryn Somerset Webb.
Bloomberg Tech
Apple Illegally Interrogated Staff About Union, Judge Rules
Apple Inc. “coercively interrogated” retail employees about their pro-union sympathies and restricted the circulation of union flyers, a US labor board judge ruled, marking a victory for labor organizers at the world’s most valuable company.
FTC Sues Amazon for Hindering Consumer Attempts to Cancel Prime
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up for its Prime membership service and deliberately made it hard to cancel.
UK Supreme Court Asked to Weigh Future Pollution at New Oil Project
The UK’s top court was asked whether the future impact of harmful emissions from extracting oil should be taken into account before permits are issued — in a case that could have far reaching implications for new fossil fuel developments in the country.
Low-Income Americans Benefit From Cheap Internet. So Do Comcast and Charter
Two years ago, US lawmakers created a $14.2 billion fund to help low-income families across America pay for internet service they would otherwise struggle to afford.
JPMorgan Taps Investment Bank Veteran to Lead the Firm’s AI Push
JPMorgan Chase & Co. named Teresa Heitsenrether head of a new data and analytics unit, part of an artificial-intelligence push that Chief Executive Officer Jamie Dimon has called “critical to our company’s future success.”
Intel to Sell 20% of IMS to Bain at $4.3 Billion Valuation
Intel Corp. agreed to sell a roughly 20% stake in IMS Nanofabrication GmbH to Bain Capital in a deal that values the company at $4.3 billion.
Israel’s Private Lunar Mission Faces Shutdown as Donors Drop Out
Israel’s private space program could be forced to shut down its flagship lunar mission in the coming weeks after its main donors abandoned the project, its co-founder told Bloomberg on Wednesday.
Rakuten’s Rating Cut on Uncertainty About Mobile Business
Rakuten Group Inc.’s credit rating was cut by Japan Credit Rating Agency Ltd., citing uncertainty about the outlook for profitability at the mobile phone business.
Venezuela’s Ban on Crypto Mining Is Ruining the Industry It Once Embraced
Venezuela’s temporary ban on mining cryptocurrencies within the country is effectively killing the industry President Nicolás Maduro worked hard to promote.