Editors’ Picks – Page 77

11. 2. 2019 No Responses

Should California bail out Pacific Gas & Electric?

It’s a big dilemma because PG&E is seen as TBTF (too big to fail). It provides natural gas and electricity for 16 million people — 40% of the California state. But the utility’s poorly maintained equipment has caused numerous devastating...

11. 2. 2019 No Responses

Driverless delivery startup Nuro raises almost $1 billion from SoftBank

Nuro is already testing fully driverless grocery deliveries in the Phoenix area on public roads. The autonomous delivery startup Nuro has raised $940 million from The Softbank Vision Fund, making it one of the most generously funded startups in the driverless...

10. 2. 2019 No Responses

The Great Japanese Gold Trade Of 1859

The price of gold is $1,314 per ounce right now. But imagine if there was one place in the world – say Japan – where you could buy an ounce of gold for a fraction of that, $400. By exporting...

9. 2. 2019 No Responses

The results of the Finnish experiment with unconditional basic income

In Finland, at the beginning of 2017, they decided to carry out a long-term experiment with unconditional basic income. Approximately 2000 people received 560 euros each month, no-strings-attached and tax-free. An experiment with unconditional basic income wou...

8. 2. 2019 No Responses

The South African President has promised to save the Eskom and divide it into 3 entities

South African power plants Eskom, which produce 95% of electricity in South Africa, are facing $ 30 billion in debt. South African President Cyril Ramaphos announced that Eskom will be divided into three entities. Utility holding Eskom consists of 3...

3. 2. 2019 No Responses

As US Freezes, This Is Where Europeans Can’t Afford To Heat Their Homes

30. 1. 2019 No Responses

Boeing Earnings, Outlook Smash Expectations

Boeing’s stock rockets, to give a 150-point boost to the Dow’s price. Boeing shares soared more than 6%, and are set to take out all time highs of $392 after reporting earnings that smashed expectations and unveiling guidance that was...

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