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GoPro recalls 2,500 Karma drones

  San Francisco / AFP GoPro announced the recall of all Karma drones sold since sales launched last month. The company said it is recalling all of the approximately 2,500 Karma drones it has sold due to instances when power cut out during flight. “Safety is our top priority,” GoPro founder and chief executive Nicholas Woodman said in a release ...

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Luxury coatmaker to line up banks for IPO

  Bloomberg Canada Goose Inc., the retailer of high-end winter parka coats that can sell for more than $1,000 apiece, has chosen bankers to lead its planned initial public offering, according to people familiar with the matter. Credit Suisse Group AG, Canadian Imperial Bank of Commerce and Goldman Sachs Group Inc. will lead the Toronto-based retailer’s offering, the people said, ...

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BP buys jet fuel made from garbage to curb airline pollution

  Bloomberg BP Plc will invest $30 million in Fulcrum BioEnergy Inc., which makes biofuel from garbage, in a new partnership designed to curb airplane pollution. The London-based oil-producer also signed a 10-year deal to buy 500 million gallons (1.9 billion liters) of biofuel from Fulcrum’s North American plants, according to a statement by BP. BP will distribute the aviation ...

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