California utility’s bankruptcy filing is a warning about hidden climate-change financial risk – The Globe and Mail

California utility’s bankruptcy filing is a warning about hidden climate-change financial risk – The Globe and Mail

PG&E crew work on power lines to repair damage in Paradise, Calif., on Nov. 21, 2018. Elijah Nouvelage/Reuters Climate change has claimed its first major corporate victim. San Francisco-based power company PG&E Corp., one of the largest utilities in the U.S., filed for bankruptcy protection this week facing tens of billions of dollars in potential […]

Safety advocates urge U.S. to clear the way for smarter headlights – NOLA.com

Safety advocates urge U.S. to clear the way for smarter headlights – NOLA.com

Many U.S. motorists are driving blind, and they probably don’t even realize it. Their headlights rely on antiquated technology that fails to properly illuminate the roadway but manages to blind oncoming drivers. That could change, however, if the federal government allows a new generation of headlights on the road. Amid high-profile safety initiatives – such […]

France downplays Renault-Nissan merger idea amid tensions over lopsided alliance built by Ghosn – The Japan Times

France downplays Renault-Nissan merger idea amid tensions over lopsided alliance built by Ghosn – The Japan Times

PARIS – France’s finance minister said there is no plan to remodel the two-decade alliance between Renault SA and Nissan Motor Co., whose architect, Carlos Ghosn, remains in jail two months after he was arrested in Japan on allegations of financial crimes. “No shareholding re-balancing or modification of cross shareholdings between Renault and Nissan are […]

Colombia’s Transandino oil pipeline hit by bomb attack: Ecopetrol – Reuters

FILE PHOTO: The logo of Ecopetrol is pictured at its headquarters in Bogota, Colombia August 11, 2017. Picture taken August 11, 2017. REUTERS/Jaime Saldarriaga/File Photo BOGOTA (Reuters) – Colombian state-run oil company Ecopetrol SA said on Sunday a bomb attack on the Transandino pipeline caused spillage in southwestern Narino close to the border with Ecuador. […]

Ready, Set, File! Seven Tax Deductions You Can Take Even If You Don’t Itemize – Forbes

Ready, Set, File! Seven Tax Deductions You Can Take Even If You Don’t Itemize – Forbes

One of the most telling reminders that the holidays are indeed behind us is not that lonely, untouched fruit cake sitting among the remnants of Christmas cookies past, but the year-end financial and tax statements beginning to arrive in the mail. Once again, we’re reminded that tax season has begun and the April 15th deadline […]

Berkshire’s lithium venture may supply U.S. automakers, including Tesla: FT – Yahoo Finance

Berkshire’s lithium venture may supply U.S. automakers, including Tesla: FT – Yahoo Finance

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California, a project that could offer U.S. carmakers and battery producers a secure supply of the metal, the Financial Times reported on Sunday. The venture has been in talks to supply Tesla Inc with […]

Axios Edge – January 20, 2019 – Axios

Axios Edge – January 20, 2019 – Axios

The best speech ever given to an audience of bankers was delivered by Paul Volcker in December 2009. His famous zinger: “The most important financial innovation that I have seen in the past 20 years is the automatic teller machine.” Volker was right in substance, but he did miss one financial innovation that has been […]