Virgin Atlantic Airways and LanzaTech are developing an aviation fuel that will cut in half the carbon footprint of conventional flights. Instead of using plant stock for the fuel, waste gases are being captured from steel mills. The gases, which would otherwise burn up in the atmosphere as carbon dioxide, are fermented and chemically converted into jet fuel.
Google's investments in clean power are now rivaling that of stand alone clean energy investors. Monday morning, the search engine giant said it has invested $100 million in the world's largest wind farm, under construction in Oregon -- marking a total of $350 million invested in clean power.
The economy of Iceland is growing at a clip that has surprised many people. A number of carefully planned steps has brought its fiscal deficit of more than 10 percent back to a near balance.
By the time Cesar Gutierrez was 16, he had already gone to jail twice, experimented with gang life, sold drugs and ran away from home. Today, the 22-year-old works at a popular Manhattan restaurant as a sous chef and has cooked with renown chef Daniel Boulud.
The word 'Hope' engraved on wooden blocks is on display alongside food items in several Budgens grocery stores as an innovative way to raise money for charity. Shoppers can place the blocks in their carts for the cashiers to collect £1 for each one scanned in support of local people affected by dementia.
Tim Harris, owner of Tim's Place, is the country's only restaurant owner with Down's Syndrome, and the joy he gets from serving people good food carries over into his diner's most famous export: hugs.
The company that owns fast-food restaurants KFC, Taco Bell and Pizza Hut joined the trend toward sustainability by announcing on Friday it plans to refrain from using palm oil obtained through deforestation.
Can commercial fishermen make more money by fishing less? They can, according to a study published in the journal Science — with one condition. They must belong to a cooperative fishery.
U.S. stocks closed out 2012 with their strongest day in more than a month. Not only that, the S&P 500 ended the year up 13.4 percent since January 1 of last year, its best performance since 2009. The Dow Jones average added 7.3% for the year and the Nasdaq jumped 16%.
The number of Americans filing new claims for unemployment aid hit a five-year low last week, and residential construction surged in December, the latest signs that the U.S. economic recovery remains on track.
Kickstarter, the crowd-funding site that pairs indie-minded inventors, filmmakers and entrepreneurs with online investors, fully funded more than 18,000 projects in 2012. The website's year-end analysis shows that more than 2.2 million people pledged a total of nearly $320 million. 17 projects raised more than $1 million each
Employers around the world are more optimistic about business growth and think more money will be spent on talent development this year. That's according to a Right Management survey of more than 2,000 senior human resource executives in 14 countries. In the US, the number of job openings spiked again in March.
Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy. Increasing demand for bank loans often is a prelude to higher economic growth
After a former college student shared her heartbreaking family story on CNN, her $54,000 student loan was completely forgiven, thanks to a JPMorgan Chase program.
Aetna became the latest corporation to announce a voluntary minimum wage hike. 5700 workers received checks last week reflecting the new salary of $16/hour.
The graffiti artist who took Facebook stock instead of cash for painting the walls of the social network's first headquarters made a smart bet. The shares owned by the artist, David Choe, are expected to be worth upward of $200 million when Facebook stock trades publicly later this year.
Throughout all the turmoil for the US economy in 2011, U.S. stocks have been surprisingly resilient. "We believe this is a testament to a combination of U.S. economic resilience, U.S. corporate financial strength and pricing power, and severe relative undervaluation of equities," said Thomas Lee, chief U.S. equity strategist with JPMorgan. Lee has compiled eight reasons why he will remain optimistic in 2012
In the biggest victory for consumers since Netflix's recent mea culpa, Bank of America said today that it was abandoning its plan to charge customers a $5 fee every time they use their debit cards. The bank relented, but only after other large banks had indicated that they would not impose similar fees.
Saving energy has evolved from a moral calling to a financial imperative for businesses that have broadened the concept of energy efficiency to one of sustainability.
Two good news stories in the financial sector caught our eye this week: Hefty stock purchases by company officers and directors is growing evidence that insiders believe their companies have the worst of the recession behind them and their stocks should rise this year, analysts said last week.
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