Author: Kevin Bae
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Under Construction
This is a micro episode. I could not record long because it’s too hard to concentrate with all the pounding going on outside my office window.
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Chevron aspires to reduce or offset carbon emissions from operations by 2050
Chevron Corp. said Monday it has an “aspiration” to reduce or offset carbon emissions from its operations to zero by 2050, as investor and public pressure mounts on oil producers to respond to climate change. The company also for the first time set a target for reducing the intensity of the carbon emissions from the fuel and…
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Simply Safe Dividends downgrades Pinnacle West Capital safety score
The info below is not sponsored. Simply Safe Dividends is a service I use to evaluate companies in my portfolio. On Thursday, Pinnacle West received bad news regarding its pending rate case with state regulators when the Arizona Corporation Commission (ACC) voted to reduce the potential profits of the state’s largest electric utility.The ACC moved…
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Nucor launches line of net-zero carbon steel products
Nucor Corporation (NUE) announced today the launch of Econiq™, a line of net-zero carbon steel products. Building the green economy and the necessary infrastructure requires clean, advanced steel products. By introducing Econiq, Nucor is providing confidence for steel consumers to know they are purchasing the lowest greenhouse gas (GHG) emissions steel product available. A first of…
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Johnson & Johnson submit request for approval on booster to FDA
Johnson & Johnson said Tuesday that the company had submitted data to the Food and Drug Administration to support the use of a booster dose of its Covid-19 vaccine. The announcement comes two weeks after the company presented the results of a randomized, controlled Phase 3 study showing that a booster dose given two months after…
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Pepsi raises expectations, posts higher revenue but lower profit for the quarter
The maker of snacks and beverages on Tuesday said it expects organic revenue—a measurement that adjusts for items like foreign-exchange translation, acquisitions and divestitures—to grow about 8% for fiscal 2021. It previously expected organic revenue to grow 6%. The Purchase, N.Y., company sees core constant currency earnings per share growth of at least 11%, compared…