Uber wants to make it easier for people to brag about their low carbon footprint, CEO Dara Khosrowshahi said at the APEC CEO Summit.
The company is rolling out an Emissions Savings feature that shows riders the emissions they've saved by choosing Green and Comfort Electric rides.
Why it matters: "We have seen that most customers aren't willing to pay more [for rides in EVs] even though they want to do good," he said, referring to Uber's policy of paying out EV drivers more than those who drive gas-powered vehicles.
Drinking a beer in the shower is one thing. Drinking a beer made from a shower is quite another, Hope writes (and tried herself).
Details: Epic OneWater Brew is a Kölsch-style ale made with recycled shower and laundry water from a San Francisco residential building.
The beer isn't for sale; it's a project from water reuse startup Epic Cleantec meant to show how greywater can be repurposed.
The verdict: Having never tried Kölsch-style beer, I couldn't tell if I didn't like OneWater because of the brew or because I couldn't stop picturing my glass as a sink drain as I sipped. Nevertheless, I'd try it again.
SAN FRANCISCO — Onthe first day of the Asia-Pacific Economic Cooperation (APEC) CEO Summit this week, two dozen global business leaders and heads of state urged unity and collaboration from the stage.
Why it matters: In anyother year, the message might have bordered on platitudinal. But it was delivered to an audience distracted by phones, laptops, calls, meetings, coffee and selfies.
Over the last year, inflation has come way down — but prices are still rising, just less quickly than they once were. There is a new hint that some prices are now on track to fall outright.
Why it matters: To economists, lower-but-still-positive inflation rates — disinflation — counts as a policy win. But many ordinary Americans would rather see more outright relief — falling prices, or deflation. They may be about to get it, at least for certain items.
UAW-represented workers at Ford and Stellantis have ratified their respective settlements with the Detroit Three automakers.
Why it matters: The deals, which ended a historic six-week strike, include a 25% pay increase over the 4.5 years of the contract, wage hikes for temporary workers, the elimination of a two-tiered wage system and the right to strike over plant closures.
Vivek Ramaswamy's campaign seems to be losing steam, but folks in the crypto industry are psyched about him. So here's a rundown of the Republican presidential contender's crypto policy paper, which he released Thursday.
Why it matters: It's notable that a presidential candidate is making cryptocurrency a part of his platform and its users a part of his coalition.
Government money was paper. Then came bitcoin. Then all of a sudden, governments were like: Hey, maybe let's take this digital currency thing seriously?
U.S. oil pricesdropped nearly 5% Thursday, hitting four-month lows.
Why it matters: The slide in crude oil is yet another indication that the balance of power has swung toward sharply slowing inflation in the U.S. economy.
