Bloomberg The UK announced a $370 million investment aimed to spur the development of greener flights for people and goods. The government will put 125 million pounds into the initiative, which will to supplement 175 million pounds from industry, Prime Minister Boris Johnson’s office said in a statement late Friday. The intention is to support new technologies including freight-carrying drones, ...

Bloomberg The world’s largest cities need to invest billions of additional dollars into their infrastructure in order to secure citizen data, new research suggests. Of the roughly $135 billion expected to be spent globally on cybersecurity for critical city infrastructure in 2024, 44% will be split across data protection provisions for energy, health care, public security, transport, water and waste ...

Evolve or die — wrote hedge-fund billionaire Ray Dalio in a manifesto published in April titled “Why and How Capitalism Needs to be Reformed.” With each passing month, more business executives have been joining this unlikely crusade to save capitalism from itself. The loudest reform call yet from inside the system came this week from the Business Roundtable, which represents ...