Greta get ready! EasyJet aims to become first major airline to operate net-zero carbon flights
The carrier announced its plans in a statement on Tuesday, adding that it has already started to act to offset carbon emissions. The decision would cost the company about $32.4 million (£25 million) a year. The money will be spent on certain projects which “physically remove CO2 from the air,” including planting new trees, protecting against deforestation, as well as initiatives on solar and wind power.Thus EasyJet wants to make sure that the projects help to take carbon dioxide and other greenhouse gases out of the atmosphere, in exchange for those generated by its planes. Also on rt.com Greta Thunberg's dream world would cause 'a human tragedy of disastrous proportions' – economist to RT “We acknowledge that offsetting is only an … [READ MORE...]
Google Stadia Wants You to Replace Your Video Game Console. Don’t.
I spent most of my time playing the shooter game Destiny 2 and the fighting game Mortal Kombat 11 since they were the most graphically intense. I enjoyed playing the games on my TV screen and on a laptop, but not a phone.Stadia struggled the most with Mortal Kombat 11. In some fights, motion stuttered and the graphics appeared more pixelated at times, like when my character stuck a giant sword through his opponent’s stomach and sawed away at his innards. Google said this could be because my internet speeds dipped. I tinkered with the settings to see if I could make the motion smoother. In the Stadia app, there is a button labeled “data usage and performance,” where you can change the video quality from “best” to “balanced” or “limited.” In a nutshell, the three modes will stream games at … [READ MORE...]
The SoftBank Effect: How $100 Billion Left Workers in a Hole
Compass, which is valued at $6.4 billion, now has 13,000 agents, all contractors, in 238 offices across the United States. It has grown by promising some agents bonuses and 90 percent of the commissions on future deals, in an industry where 70 percent to 80 percent is standard. The breakneck growth has led to cracks. Several top executives have recently left, as have recently arrived brokers.One was Tricia Ponicki, 44, who started at a Compass office in Chicago in February. She said she had been drawn by the generous compensation; the company also promised more resources to aid home sales. But there was so much turnover in Compass’s marketing offices that it took three months to produce a brochure for a house. When she requested a For Sale sign, she was told they were back ordered. Her … [READ MORE...]
Latest News
Fed Chair Paints Rosy Economic Picture but Says Risks Remain
Mr. Powell said during his testimony that negative rates “would certainly not be appropriate in the current environment” because the United States economy “is in a strong position.” While Mr. Trump has pointed at the Fed for any lackluster economic or stock market performance, Mr. Powell suggested a different culprit — the president’s own trade war. A slowdown in gross domestic product growth in the third quarter partly reflected an autoworker strike but “also reflects weakness in business … [Read More...]
Warren Would Take Billionaires Down a Few Billion Pegs
Warren Buffett, a billionaire since 1990, would have amassed $10.4 billion rather than $88.3 billion. Mark Zuckerberg, who became a billionaire at 23 in 2008, would have $32.5 billion instead of $61 billion. Mr. Sanders, who has also fashioned a wealth tax, would trim their fortunes slightly more, according to calculations by Mr. Zucman and Mr. Saez. These, of course, are just estimates. The economists’ model makes lots of assumptions and does not take account of some of Ms. Warren’s other … [Read More...]
Why the Fed, Long Reticent, Has Started to Talk About Climate Change
Ms. Brainard said the central bank was discussing how it might participate in a network of about 40 global central banks that was created in 2017 to promote discussions about climate-related financial and macroeconomic issues. The goal of becoming more active with the Central Banks and Supervisors Network for Greening the Financial System, she said, would be to “learn from our international colleagues’ approaches to measuring and managing climate risks in the financial system.” The Fed may stop … [Read More...]
Recession Fears Are Receding. That Doesn’t Mean They Were Unfounded.
And while the manufacturing sector remains in bad shape, the evidence so far points not so much to a free fall as a rough patch. More promising, the troubles in manufacturing have not spread to the services and consumer-focused portions of the economy, which are much larger.One way of looking at this narrative of the last few months would be to say this proves that everyone was overly jittery, that the news media, Wall Street and the Federal Reserve overreacted to a few inconclusive data … [Read More...]
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Small Business
The SoftBank Effect: How $100 Billion Left Workers in a Hole
Compass, which is valued at $6.4 billion, now has 13,000 agents, all contractors, in 238 offices across the United States. It has grown by promising some agents bonuses and 90 percent of the commissions on future deals, in an industry where 70 percent to 80 percent is standard. The breakneck growth has led to cracks. Several top executives have recently left, as have recently arrived brokers.One … [Read More...]
How to Sell a House in Southern Calfornia: Make a Movie
The film, of course, is as much about the appeal of the model as the home. But by using sex, helicopters and shots of a gleaming red Corvette to sell the property, Neo made it quite clear: In this sort of marketing, peddling a fantasy can help close a deal.Ben Bacal began adding actors to his listing videos in 2014. The Los Angeles-based agent, a former film student who also dabbles in internet … [Read More...]
Your Money
Help! Renting a Vehicle Through Europcar Drove Me Crazy!
Dear Barry,Because currency conversion rates vary daily, Europcar Chile sets a fixed rate based on the exchange rate on the first day of the month, plus 2 percent to account for the rate variance through the month. That’s generally industry standard. Acknowledging that you might not have had full access to the terms and conditions when you booked through a third-party site, Europcar has refunded … [Read More...]
FAFSA Says How Much You Can Pay for College. It’s Often Wrong.
But it also generates their expected family contribution, or E.F.C. — a number that can easily be misleading. It’s often higher than many households can afford, and yet in many cases, like the Phipps family’s, it’s still not enough. “For a long time, there has been this growing chasm between the need-analysis formula and accurately reflecting a student and their family’s ability to pay for … [Read More...]