EV startups Rivian, Lucid, Nikola attempt to shore up cash

R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022.  Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle startups — years ago fueled by low interest rates, free cash and Wall Street bullishness — are now scrambling to prove they can survive in … Read more

Oklo starts trading on NYSE

Sam Altman is now chairman of a public company. But it’s not OpenAI. On Friday, advanced nuclear fission company Oklo started trading on the New York Stock Exchange. The company, which has yet to generate any revenue, went public through a special purpose acquisition company (SPAC) called AltC Acquisition Corp., founded and led by Altman. … Read more

Ticks could spread throughout Quebec in coming decades, says public health institute

Quebec’s public health institute is warning of a possible spread of the black-legged tick population in the province due to climate change. The Institut national de santé publique du Québec (INSPQ) has created maps of the projected growth to help communities and governments plan and adapt over the next several decades. “These maps are actually … Read more

Waters off Scotian Shelf are cooling, but scientists can’t say for how long

The latest survey of Atlantic Ocean conditions off Nova Scotia show after a decade of warming, temperatures on the Scotian Shelf are cooling. The slight climate reversal has scientists asking if this is the beginning of a return to previous norms — or a blip. “What remains unknown is whether this is a longer term trend … Read more

Opinion | China’s devastating rainstorms show there’s no room for complacency when it comes to climate risks

Just days before the holiday began, five people were killed and 33 were injured after an intense tornado struck mega city Guangzhou and damaged over 100 factories. 02:17 Dozens killed in highway collapse in China’s rain-hit Guangdong province Dozens killed in highway collapse in China’s rain-hit Guangdong province Guangdong was battered by multiple natural disasters … Read more

Competition Bureau investigating Lululemon over greenwashing allegations

Canada’s Competition Bureau has opened a formal investigation into Lululemon’s environmental claims in its marketing campaigns, a spokesperson for the agency told CBC News on Monday. Marianne Blondin confirmed in an email that the Competition Bureau “has commenced an investigation under the Competition Act into the alleged deceptive marketing practices.” “There is no conclusion of wrongdoing at this time,” she wrote. “As the Bureau is … Read more

U.S. automakers like GM rapidly lose ground in China

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky | Bloomberg | Getty Images DEROIT – General Motors CEO Mary Barra has been aggressive in exiting unprofitable or underperforming markets over the past decade, … Read more

Tesla shares drop after Musk cuts about 500 jobs in Supercharger team

Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed … Read more

Arizona boosts heat protection after hundreds died last year

By Anita Snow | Associated Press TEMPE, Ariz. — Arizona’s new heat officer said Friday that he is working with local governments and nonprofit groups to open more cooling centers and ensure homes have working air conditioners this summer in a more unified effort to prevent another ghastly toll of heat-related deaths, which topped 900 … Read more

A shortage of olive oil has fueled a record price spike

Extreme hot weather and persistent drought conditions have dealt a severe blow to olive oil production in southern Europe, resulting in a significant surge in prices. The effects of these adverse climate conditions have been particularly pronounced in the European Union (EU), where countries collectively account for a staggering two-thirds of global olive oil production, … Read more