Sustainability-linked bond sales have tanked amid a shift in ESG sentiment

Deepwater Wind installing the first offshore wind farm in Rhode Island. Sustainability-linked bonds have seen a sharp slowdown in sales amid the shift in sentiment toward investing based on environmental, social, and governance principles. According to data compiled by Bloomberg Intelligence, companies and governments have raised 46% less money via bond sales tied to sustainability…

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Luggage chaos at Europe’s busiest airport grew so bad that some airline crews were reportedly told not to check bags

Passengers at London Heathrow Airport.  Some flight crews have been advised not to check bags amid a system fault at Europe’s busiest airport, aviation news site Paddle Your Own Kanoo reported. London Heathrow is also the world’s second-busiest airport for international flights, behind Dubai, according to travel data provider OAG. On Wednesday, Heathrow announced that…

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What went wrong with GM’s Cruise

GM is winding down its robotaxi bet and folding Cruise into its self-driving development arm. General Motors is giving up on developing its Cruise robotaxi, citing the resources needed and an “increasingly competitive” market. Despite investing in the business for eight years, GM said on Tuesday that it would no longer fund Cruise’s robotaxi development…

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Cruise founder calls GM ‘a bunch of dummies’ after automaker shuts down robotaxi startup

A Cruise robotaxi in San Francisco General Motors’ decision to pivot away from robotaxis has one big critic: Cruise founder Kyle Vogt. Vogt, who resigned from the company in 2023, posted on the social media platform X (formerly Twitter) following GM’s announcement that it would stop funding Cruise and fold it into the company’s other…

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Israel says it has carried out hundreds of strikes on Syria, targeting ‘strategic weapons stockpiles’

yrian naval ships destroyed during an overnight Israeli attack on the port city of Latakia.  Israel says it has launched hundreds of airstrikes on Syria in the days since Bashar Assad’s regime collapsed. On Tuesday, the Israel Defense Forces said it had “struck most of the strategic weapons stockpiles in Syria” in 48 hours as…

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The biggest supermarket merger in US history is dead

The proposed merger between Kroger and Albertsons is done. The grocery industry’s biggest potential alliance is toast. Albertsons said Wednesday that it is terminating Kroger’s attempted $24.6 billion acquisition, a day after a federal judge blocked the deal due to antitrust concerns. In addition, Albertsons filed a lawsuit in the Delaware Court of Chancery against…

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A 72-year-old ‘American Ninja Warrior’ competitor didn’t get fit until his 50s. He shared 4 ways working out has improved his life.

Tom Simek, 72, is an “American Ninja Warrior” competitor and Senior Planet sponsored athlete. At age 59, Tom Simek was out of shape. The retired building contractor based in Santa Fe had spent his working life prioritizing his family and business over his health. After he was diagnosed with osteoporosis, high cholesterol, and sleep apnea…

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