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 illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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