Recent Posts

Lyft forecasts disappoint investors seeking faster profit

Bloomberg Lyft Inc quarterly results and guidance for 2020 disappointed investors who punished the ride-hailing company for not promising profits sooner. The shares dropped more than 5% in extended trading. Lyft’s results came a few days after larger rival Uber Technologies Inc reported quarterly numbers that blew past analysts’ expectations and announced that it was moving up its target for ...

Read More »

‘Air pollution costs world $8 billion a day’

Bloomberg Air pollution from burning fossil fuels is generating economic losses of $8 billion a day, according to a Greenpeace report. That’s about 3.3% of global gross domestic product, or $2.9 trillion per year, according to a report from Greenpeace Southeast Asia and Center for Research on Energy and Clean Air. China, the US and India bear the highest economic ...

Read More »

Twitter expands efforts to combat misinformation

Bloomberg Twitter Inc expanded efforts to protect the US census, saying it will tweak search results for census-related terms to prompt users to visit the US Census Bureau website. The social-media company also said it will continue to prohibit posts containing false or misleading information about how to participate in the national survey — a policy that also applies to ...

Read More »
Send this to a friend