The freshly filed IPO prospectus from Allbirds will test the appetite of investors to own a green-focused retailer, that still has some proving to do on the top and bottom lines. Allbirds said Tuesday it will view its IPO as a “sustainable public equity offering.” By that, Allbirds will be required to adhere to certain ESG (environmental, social and governance) standards. They include, according to the filing, “a minimum ESG rating, a stakeholder-centric mission and purpose, best practices… Source link
Read More »Strong August jobs report will be green light for taper
Federal Reserve Governor Christopher Waller said Friday that if the August jobs report next week shows more than 850,000 payroll gains, he would advocate taking the first steps in pulling back the Fed’s easy money policies. “I would like to go early this fall,” Waller told Yahoo Finance in an exclusive interview on Friday. “I don’t see any reason that we would need to wait until next year. That’s my own view, unless something really bad comes out in the job market report next… Source link
Read More »Jalen Green on Fresno; why he didn’t want to be in Detroit
Editor’s note: The author was born and raised in Fresno, California. LAS VEGAS — Most now know about Jalen Green, the young prodigy the Houston Rockets selected with the No. 2 pick in the 2021 NBA draft. But very few know about where the 19-year-old guard is from. Green grew up in Fresno, California, located in the Central Valley with a population of approximately 1 million in Fresno County. When people think of the Golden State, Los Angeles typically comes to mind. After that, the Bay Area… Source link
Read More »Ohio turns Bitcoin green with nuclear energy deal
Ohio has launched itself headlong into reducing Bitcoin’s carbon footprint after signing a five-year deal with Bitcoin mining company Standard Power to provide a nuclear-powered mining centre. The operation will be live from December 2021 and will produce so-called ‘green Bitcoins’. Ohio has successfully bid to host the state-of-the-art facility in Coshocton in an effort to boost the number of tech jobs in the region. Energy Harbor Corp is an independent power producer, fully integrated… Source link
Read More »Hideki Matsuyama claims Japan’s first green jacket
Hideki Matsuyama, of Japan, celebrates after putting on the champion’s green jacket after winning the Masters golf tournament on Sunday, April 11, 2021, in Augusta, Ga. (AP Photo/Gregory Bull) AUGUSTA, Ga. — Japan has its first ever green jacket and, for that matter, its first ever men’s major championship. On Sunday, Hideki Matsuyama, blazing a trail started by the likes of Jumbo Ozaki, Isao Aoki and Tommy Nakajima before him, ended the Japanese drought, winning the Masters. Slipping on… Source link
Read More »Marijuana company Green Thumb Industries stock tanks 14% on report of federal probe
Shares of Chicago-based cannabis giant Green Thumb Industries (GTBIF) tanked 13% Tuesday after a Chicago Tribune report claimed the company was part of a federal probe into pay-for-play allegations regarding its operations. The report details an ongoing investigation, which Yahoo Finance was unable to verify, that unnamed sources say scrutinizes political donations and other steps the company allegedly took to win growing and distribution licenses in Illinois and other states. A Green Thumb… Source link
Read More »US cannabis giant Green Thumb scores price target boosts as earnings top expectations
TipRanks 2 “Strong Buy” Stocks From Oppenheimer’s Top Analysts Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather… Source link
Read More »National Grid Makes $11 Billion Deal in Move to Green Future
(Bloomberg) — National Grid Plc agreed to buy PPL Corp.’s U.K. electricity distribution business for 7.8 billion pounds ($10.9 billion), a move that will transform the company as it prepares for a low-carbon future. The biggest U.K. utilities transaction in a decade highlights how crucial grids have become as nations figure out how to navigate the shift to electricity from fossil fuels. Distribution grids, the local networks that feed directly into homes and businesses, are at the heart of… Source link
Read More »J&J single-dose COVID-19 vaccine gets green light from FDA
Johnson & Johnson’s (JNJ) single-dose COVID-19 vaccine was given an emergency use authorization (EAU) Saturday evening by U.S. Food and Drug Administration (FDA), making it the third vaccine available in the U.S. The Vaccines and Related Biologics Products Advisory Committee (VRBPAC) voted unanimously Friday to recommend use of the vaccine on adults aged 18 and older, based on all the data submitted by the company, and the vaccine was endorsed by FDA staff earlier in the week. J&J’s vaccine,… Source link
Read More »Biden’s $2 Trillion Green Plan Could Send This Stock Soaring
Over 85 years ago, America undertook one of the most ambitious projects in our nation’s history, and it helped launch the creation of $30 trillion in ESG assets. At the time, they planned to build a dam to help deal with massive flooding issues… But this ended up providing green electricity to millions of people across 3 states in the process. And today, Biden could be set to take a page from this American success story, creating the next crown jewel of American infrastructure. It could… Source link
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