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Form Energy’s recent announcement about its new iron-air battery could be a major leap forward in the transition to renewable electricity.  “We set out about four years ago to develop the kind of battery that it would take to enable a fully renewable and reliable electric grid,” Mateo Jaramillo, CEO and co-founder of Form Energy and former head of battery development at Tesla, said on Yahoo Finance Live (video above). “A few years later, a lot of hard work, some fantastic breaks going… Source link

By Jessica DiNapoli NEW YORK (Reuters) – The U.S. Securities and Exchange Commission approved a proposal from stock exchange operator Nasdaq Inc that requires its listed companies to have diverse boards, or explain why they do not. The proposal requires that companies have two diverse directors, including one who identifies as female and another as an underrepresented minority or LGBTQ+, or explain why they do not. Companies also have to publicly disclose the diversity of their boards. “These… Source link

Novavax (NVAX) announced Thursday it would have to push back its COVID-19 vaccine emergency use authorization (EAU) filing with the FDA by about one month, once again, this time due to manufacturing quality concerns. CEO Stanely Erck told Yahoo Finance Novavax itself did not delay the filing. Instead, he said, outside firms that the company was directed to work with by Operation Warp Speed — the former government program launched under the Trump administration to fund six vaccine candidates… Source link

Google recently announced its Tensor SoC for its upcoming Pixel 6 flagship phones. Google This past week, Google announced its upcoming Tensor SoC, supported by a blog from Google Hardware lead Rick Osterloh detailing how the SoC will impact Google’s Pixel 6 and Pixel 6 Pro flagship phones. Interestingly, though Osterloh’s blog mentions AI four times, it never once mentions 5G—the primary selling point for phones these days. This is likely because Google’s biggest strength is… Source link

A better-than-expected jobs report for July shows the economy may soon be ready to run with reduced support from the Federal Reserve. Data from the U.S. Bureau of Labor Statistics released Friday morning showed 943,000 non-farm payroll gains last month, with the unemployment rate falling to 5.4%. The economy continues to inch closer to pre-pandemic shape. In the depths of the economic shutdown, employment levels dropped by as much as 22.4 million. As of July 2021, the economy appeared to… Source link

After the July jobs report showed the biggest employment increase in almost a year, the Biden administration is urging Americans to get vaccinated to stave off health and economic threats posed by the Delta variant.  “[We] can’t let this get out of control,” U.S. Labor Secretary Marty Walsh said in an interview with Yahoo Finance Live. “We’re at a certain fragile point in our economy right now. Things are moving in the right direction. People are traveling. Tourism is picking up…. Source link

Google is asking the city for feedback on its early plans to transform a Silicon Valley office site with “sustainability” features. City of San Jose filings Google is planning yet another Silicon Valley campus, which will sit adjacent to a new center partly devoted to hardware, according to preliminary plans obtained by CNBC. Beginning in 2018, Google spent more than $389 million on land in north San Jose, Calif., and the company has since filed detailed preliminary proposals showing a sneak… Source link

More mobile consumers after getting a COVID-19 vaccine hasn’t slowed the online car buying boom that the pandemic helped create. At least that’s a takeaway from the second quarter earnings out of online car-selling leader Carvana (CVNA). Carvana said Thursday evening that it sold 107,815 retail units in the second quarter, up 96% from a year ago. It marked the company’s first time selling over 100,000 units. The company saw a record level of gross profit per unit. Some $45 million in net… Source link

Google considered buying Epic Games as the companies sparred over Epic’s Fortnite Android app, according to newly unsealed court filings. Last night, Google lifted some of its redactions in Epic’s antitrust complaint against Google, which Epic amended and refiled last month. The complaint still omits many details about Google’s dealings with specific companies, but the new details reflect internal Google communications about competition on the Android platform. Epic claims Google… Source link

(Bloomberg) — Robinhood Markets Inc.’s wild week took another turn on Friday morning when it said that some early investors who filed to sell millions of shares won’t be able to do so until they get clearance from the U.S. Securities and Exchange Commission. Shares of the company climbed as much as 17% at the open in New York before parting some of the gains to trade at $50.33 in late morining in New York. The trading platform said no sales can be made off of the Thursday filing until an… Source link