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Chevron aims net zero emissions from operations by 2050

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Bloomberg Chevron Corp committed for the first time to an aspiration of net zero emissions from its operations by 2050 as the company responded to rising investor and societal pressure to play a bigger role in a transition to a low-carbon future. Chevron is also incorporating its customers’ emissions into some of its goals, the San Ramon, California-based company said ...

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Big US banks have been stars, but encores are over

File photo: a combination file photo shows wells fargo, citibank, morgan stanley, jpmorgan chase, bank of america and goldman sachs from reuters archive

America’s biggest banks have had star-turns this year for investors betting on the global economic rebound from the Covid-19 pandemic, but the encores might well be done. Lenders from the US and Europe have comfortably beaten earnings expectations while the world grappled with economic shutdowns and re-openings. But with third-quarter earnings coming up — starting with JPMorgan Chase & Co ...

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New York City’s future is very wet

Curfew lifting in new york

New York City saw it coming. In May, in the kind of clarifying document that invariably gets noticed when it’s too late, the city mapped out the sort of devastation that Hurricane Ida would bring just a few months later. The message of the New York City Stormwater Resiliency Plan is that, weatherwise, the scale of everything has changed. The ...

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