Environment

Industrials

Norway Dampens its Deep Sea Mining Ambitions

Photo by Arild Lilleboe via iStock

The move comes as a result of domestic political pressure from Norway’s left-wing party, and marks a major change in tone for the country.

2 min read

Photo by Markus Spiske via Unsplash

Energy

After Near Decade of Talks, a Global Carbon Credit Trading Deal at COP29

Countries at the United Nations COP29 climate summit struck a deal on the basic rules to launch an international carbon trading market.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Rolls-Royce Patent Could Retrofit Aircraft with Hydrogen Engines

Hydrogen faces a number of hurdles before it can be considered a suitable alternative to jet fuel – namely, cost.

2 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Airbus Patent Aims to Clean Up Airplanes’ Earth-Warming Contrails

But stymieing aviation emissions may take more than just workarounds for contrails.

2 min read

Personal Finance

US Home Insurers Hit with Worst Underwriting Loss of the Century

Photo by John Middelkoop via Unsplash

The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.

1 min read

Photo by Wdstock via iStock

Big Tech

Microsoft and Occidental Agree to Massive Carbon Credit Deal

Microsoft is is buying 500,000 carbon credits from Occidental Petroleum over the next six years to help reach its carbon-negative goal.

2 min read

Photo by Kārlis Dambrāns via CC BY-SA 4.0

International Economics

China Brings in Subsidies for Smartphones

On Friday, Beijing announced that a trade-in program that previously applied to big appliances and cars will now be widened to smartphones.

1 min read
Photo by David Vives via Unsplash

Private Equity

Will Private Equity Fuel a Big Year for IPOs?

As the New Year rolls in, Wall Street is preparing for a slew of listing announcements from private equity-backed firms.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by Rawpixel via Freepik

Private Equity

All in the Franchise: Why Private Equity Loves the Business Model

It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.

6 min read

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