“we’ve waited too long to open the aperture on the solution sets in terms of what we need, as a society, to start reducing emissions,” Woods told Fortune...
The Howard G. Buffett Foundation has given more than half a billion dollars in humanitarian assistance to Ukraine since Russia invaded the country two years ago. And while Congress is gridlocked at the moment about supplying additional aid to the country, Buffett says he’s planning to keep giving....
China has become a powerhouse in electric vehicles. Its automaker BYD recently topped Tesla in global EV sales, with Elon Musk warning of Chinese carmakers, “If there are no trade barriers established, they will pretty much demolish most other car companies in the world. They’re extremely good.”...
The fight to protect end-to-end encryption is a never-ending one, and it’s seen some setbacks in recent months, most notably the passage in the U.K. of the Online Safety Act, which (theoretically, for now) empowers the government there to order communications providers like Signal or WhatsApp to bypass the strong encryption on...
From afar, China Evergrande Group had all the makings of a killer distressed-debt trade: $19 billion in defaulted offshore bonds; $242 billion in assets; and a government that appeared determined to prop up the country’s faltering property market. So US and European hedge funds piled into the debt, envisioning big payouts to...
Few milestones in life mean as much to the American Dream as owning a home. And millennials have encountered the kind of trouble totally befitting their generation, which largely graduated into the teeth of the disastrous post-2008 job market. Just as they entered peak homebuying and household formation age, housing...
Mozilla Corp., which manages the open-source Firefox browser, announced today that Mitchell Baker is stepping down as CEO to focus on AI and internet safety as chair of the nonprofit foundation. Laura Chambers, a Mozilla board member and entrepreneur with experience at Airbnb, PayPal, and eBay, will step in as interim CEO to run...