What will come of the array of ambitious (and not-so-ambitious) targets announced by world leaders at President Joe Biden’s climate summit? It’s tempting to think, “Not enough.” Talk is cheap; actions are expensive. About a third of all the greenhouse emissions from human activities in history have happened since 1997, when world leaders adopted the Kyoto Protocol with an ambition ...

It may surprise readers in the northeast to know that Chick-fil-A — the fast food icon of the Bible Belt whose stores are closed on Sundays, with no exceptions — has yet to reopen its dining rooms despite the relatively lax attitude Southern states have towards the pandemic. The lack of dine-in service didn’t stop the company from having its ...

As if we didn’t experience enough Covid shaming in 2020, pundits are now advocating the shaming of vaccine-hesitant people — especially the roughly 40% of Republicans who say they’re in no rush to get the jab. Political outrage has clouded scientific reasoning here. The data show some Republicans are indeed turning down the shots — though the extent of the ...

India, the world’s third-largest oil consumer behind the US and China, was meant to be a major driver of oil’s demand recovery as economies reopened. But the country’s devastating health crisis has made that impossible. Everyone from oil traders to the world’s biggest producers are panicking. Indian Prime Minister Narendra Modi is facing mounting criticism over a surge in coronavirus ...

Bloomberg Southwest Airlines Co expects to stop burning cash by June and is adding summer flights almost to 2019 levels as increasing vaccination rates spur trips by vacation-hungry Americans. For the second quarter as a whole, average core cash burn will fall to a range of $2 million to $4 million a day, down from $13 million in the first ...

Bloomberg Virgin Atlantic Airways Ltd is aiming to get all of its planes flying by October or November amid continuing uncertainty over how far Covid-19 border curbs will be eased before the end of the summer. The carrier controlled by billionaire entrepreneur Richard Branson is working towards the return to full capacity while awaiting details of UK plans to begin ...

Bloomberg LVMH, Richemont’s Cartier and Prada SpA are joining forces to offer a blockchain solution to their customers seeking an extra seal of authenticity for the goods they’re buying. The alliance of the world’s largest luxury-goods makers plans to make a blockchain-enabled solution available to all luxury brands to provide shoppers with assurance what they’re buying is authentic, the companies ...

Bloomberg The Port Authority of New York & New Jersey approved a scaled-down plan to redevelop Terminal 4 at John F Kennedy International Airport — where Delta Air Lines Inc is the anchor tenant — after the Covid-19 pandemic put a $3.8 billion expansion on hold. The bi-state agency authorised a $1.5 billion first phase with the potential for expansion ...

Bloomberg Alphabet Inc’s Wing Aviation LLC is asking US regulators to allow it to expand drone operations as a way to make more efficient deliveries controlled from a central command post. Wing wants to control its drone flights at a “central hub” from which the remote pilots can oversee operations without being in the aircraft’s operating area, the Federal Aviation ...

Bloomberg Southeast Asian leaders will appoint an envoy to mediate talks between “all parties” in Myanmar, one of the most concrete moves yet to end months of violence since a February 1 coup that has seen the military regime kill hundreds of pro-democracy protesters. Coup leader Min Aung Hlaing agreed to the dialogue process at a special summit of the ...