How Microsoft’s new carbon-negative plan will test the idea of a climate economy

Microsoft CEO Satya Nadella speaks during a climate initiative event at the tech giant’s campus in Redmond, Washington, on Jan. 16, 2020. Another option is bioenergy produced from carbon capture and storage, or BECCS, which captures and contains carbon contained in plants when they are burned. The company’s methods for reducing its carbon emissions to near zero are straightforward, and similar to what other businesses and consumers are doing. Amazon has pledged to reach 100% usage of renewable e


Microsoft CEO Satya Nadella speaks during a climate initiative event at the tech giant’s campus in Redmond, Washington, on Jan. 16, 2020.
Another option is bioenergy produced from carbon capture and storage, or BECCS, which captures and contains carbon contained in plants when they are burned.
The company’s methods for reducing its carbon emissions to near zero are straightforward, and similar to what other businesses and consumers are doing.
Amazon has pledged to reach 100% usage of renewable e
How Microsoft’s new carbon-negative plan will test the idea of a climate economy Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: tim mullaney, harsh sinha, chief technology officer at transferwise
Keywords: news, cnbc, companies, climate, microsoft, test, microsofts, economy, air, technologies, emissions, capture, idea, carbon, plan, energy, carbonnegative, electricity, renewable


How Microsoft's new carbon-negative plan will test the idea of a climate economy

Microsoft CEO Satya Nadella speaks during a climate initiative event at the tech giant’s campus in Redmond, Washington, on Jan. 16, 2020. David Ryder | Bloomberg | Getty Images

Microsoft shook up the debate about global warming last week by vowing to make its operations carbon negative — meaning it will take more carbon out of the environment than it emits by 2030, and move rapidly to mop up the equivalent of every bit of carbon it has put into the atmosphere since its founding in 1975. Some of Microsoft’s tricks for reducing its carbon emissions are already familiar — using electricity from renewable sources (electricity production accounts for one-third of U.S. carbon emissions, according to the Energy Information Administration), with Microsoft pledging to use 100% renewable electricity by 2025 topping the list. The company is also pursuing energy conservation measures at its buildings and switching to electric vehicles for use on its office campuses. Some of its challenges, like reducing emissions from business travel when there are no good carbon-free alternatives for most air travel, will also seem familiar. “There’s a lot of discussion about who is going to roll out the strategy next,” said Erica Belmont, an assistant engineering professor at the University of Wyoming and co-author of an influential 2018 National Academies of Sciences, Engineering and Medicine study on how to go beyond conservation, as Microsoft wants to do, to actually removing carbon that’s in the air now. That will be the hard part. And it may require a big assist from companies Microsoft sells to, companies it buys products and services from, and any office worker running Windows. Along with offsetting carbon emitted by Microsoft’s suppliers, the electricity your computer or phone is using to read this story is a source of energy use that produces many times more carbon than Microsoft itself uses, the company says.

New technologies are getting cheaper

Microsoft is counting on everything from planting massive numbers of trees to soak up carbon and using technologies to capture carbon and sequester it in soil — burying it, essentially — to more exotic technologies, like direct air capture, in which arrays of machines take in ambient air, remove the CO 2 from it, and use the carbon in chemicals or concrete. Another option is bioenergy produced from carbon capture and storage, or BECCS, which captures and contains carbon contained in plants when they are burned. “We know this can be done,” said Julio Friedmann, senior research scholar at Columbia University’s Center on Global Energy Policy and a former deputy assistant secretary of energy under President Barack Obama. “All of these technologies are where solar was in 2005 — not cheap, but about to get cheap.”

Microsoft also will use what amounts to private-sector carbon taxes, or fees it imposes on its supply-chain partners, and on itself for intracompany transactions, in order to raise the price of activities that use lots of carbon. Internal carbon taxes, now $15 a ton, will begin to be phased in on Microsoft’s partners this July, company spokeswoman Jessica Dillon said. The company’s methods for reducing its carbon emissions to near zero are straightforward, and similar to what other businesses and consumers are doing. Its ideas for actually pulling carbon out of the atmosphere are more long-term, and experts are split on which ideas have more potential.

There’s a demand-side revolution that I hope Microsoft will help exploit. People don’t realize that they have also underestimated the options to conserve and mitigate our way out of it. Amory Lovins co-founder and chairman emeritus of the Rocky Mountain Institute

Switching to renewable power is the easiest and most common idea. Fellow tech giant Apple has already reached its goal of powering 100% of its operations with green electricity, the company said in its 2019 sustainability report, as Alphabet says it has done for at least two years in a row. Amazon has pledged to reach 100% usage of renewable electricity by 2030. Workers at Microsoft will see some of the changes, like replacement of the buses Microsoft uses to ferry workers around its campuses with electric vehicles, and changes in buildings to make them more energy efficient, Dillon said. The company also said it will be holding regular hackathons where employees can pitch conservation ideas. The push to switch to renewable power sources reflects what’s happening across the economy. Including hydroelectricity, renewables now account for almost exactly 20% of U.S. electric power generation, according to the EIA. The percentage is much higher, almost 80% in Microsoft and Amazon’s home state of Washington, where the Columbia River and other waterways are abundant sources of hydropower. California got about 32% of its power from renewable sources in 2017, according to state reports, and is committed to reaching 100% by 2045. Amazon, whose package deliveries require more vehicles than Microsoft’s business, made headlines last year by ordering 100,000 electric trucks from start-up Rivian, in which it has invested venture capital. It plans to make half of its deliveries carbon-free by 2030. Apple also has focused on making its products use less electricity, according to the company’s 2018 sustainability report.

Debate over path to carbon negative

When it comes to reducing carbon use below net zero, though, the split among experts is between those who think technology is more promising, and more necessary, and some who think natural means like reforestation and soil sequestration will provide the largest part of the answer. Favoring the more holistic approach is Amory Lovins, co-founder and chairman emeritus of the Rocky Mountain Institute, a Colorado-based think tank on environment and energy issues. He argues that BECCS and direct air capture are more expensive than reforestation and soil-sequestration approaches that, combined with deep reductions in carbon usage, will be sufficient to hold global warming below 1.5 degrees and will save trillions of dollars of capital investment by 2050, he said. The key to making a so-called natural systems approach to carbon removal viable is to couple it with sharp reductions in how much carbon is emitted in the first place, Lovins said. He points to a 2018 paper by researchers in the U.K. that predicts a 40% drop in final energy demand from today’s levels by 2050, saying such a drop will let the world rely on natural systems rather than machines that suck carbon from ambient air. “There’s a demand-side revolution that I hope Microsoft will help exploit,” Lovins said. “People don’t realize that they have also underestimated the options to conserve and mitigate our way out of it.” Microsoft’s plan appears to lean more heavily toward new technologies, such as direct air capture, based on a blog post from Microsoft president Brad Smith that noted not all of the technology Microsoft would use is commercially available yet. Direct air capture, according to a 2018 report by the Innovation for Cool Earth Forum, is estimated to cost between $300 and $600 per ton of carbon removed from the atmosphere. This is well above the $100 per ton that experts consider the threshold of commercial viability. Microsoft spokeswoman Dillon said details haven’t been set yet.

Rendering of a large scale Carbon Engineering plant. The start-up, backed by Microsoft founder Bill Gates, among others, is working on direct air capture as a solution to carbon emissions and climate change. Carbon Engineering


Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: tim mullaney, harsh sinha, chief technology officer at transferwise
Keywords: news, cnbc, companies, climate, microsoft, test, microsofts, economy, air, technologies, emissions, capture, idea, carbon, plan, energy, carbonnegative, electricity, renewable


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

SpaceX closes in on flying people to space after completing fiery NASA test

Launched on top of a Falcon 9 rocket from NASA’s Kennedy Space Center, the company conducted a test of its Crew Dragon capsule called in-flight abort. A SpaceX Falcon 9 explodes during a test of the company’s Crew Dragon capsule. SpaceX’s Crew Dragon capsule splashes down after its first test flight in March 2019. “This is our last milestone” for Crew Dragon under NASA’s development contract, commercial crew manager Kathy Lueders said in the press conference Friday. NASA astronauts Doug Hurley a


Launched on top of a Falcon 9 rocket from NASA’s Kennedy Space Center, the company conducted a test of its Crew Dragon capsule called in-flight abort.
A SpaceX Falcon 9 explodes during a test of the company’s Crew Dragon capsule.
SpaceX’s Crew Dragon capsule splashes down after its first test flight in March 2019.
“This is our last milestone” for Crew Dragon under NASA’s development contract, commercial crew manager Kathy Lueders said in the press conference Friday.
NASA astronauts Doug Hurley a
SpaceX closes in on flying people to space after completing fiery NASA test Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-19  Authors: michael sheetz
Keywords: news, cnbc, companies, companys, completing, space, spacex, crew, capsule, dragon, flying, closes, astronauts, test, nasa, fiery, rocket


SpaceX closes in on flying people to space after completing fiery NASA test

The four main parachutes of SpaceX”s Crew Dragon slow the capsule down after its in-flight abort test. NASA TV

SpaceX completed what is expected to be its last test before flying astronauts to space on Sunday, in a critical high-speed mission that lasted mere minutes. Launched on top of a Falcon 9 rocket from NASA’s Kennedy Space Center, the company conducted a test of its Crew Dragon capsule called in-flight abort. It’s a crucial milestone for Elon Musk’s space company, as it will be key in determining whether NASA certifies the company’s capsule to begin flying the agency’s astronauts. “The main objective of this test is to show that we can carry the astronauts safely away from the rocket in case anything’s going wrong,” SpaceX director of crew mission management Benji Reed said in a press conference on Friday.

A rendering shows SpaceX’s Crew Dragon capsule firing its emergency escape engines during the company’s test flight SpaceX

The in-flight abort test is designed to mimic a real launch but with an important difference: SpaceX triggered Crew Dragon’s emergency escape system during the most intense part of the launch. In just under 90 seconds into the launch, the rocket reached a critical velocity known as “Max Q.” This is the point of maximum aerodynamic pressure, when the Earth’s dense atmosphere is exerting enormous force on the rocket as it accelerates into the sky. Around this time, SpaceX triggered the abort. Crew Dragon separated from the Falcon 9 and then fired its own set of engines — accelerating the capsule away from the rocket. While the capsule continued on, the company’s rocket exploded, breaking into pieces as it ripped across the sky.

A SpaceX Falcon 9 explodes during a test of the company’s Crew Dragon capsule. NASA TV

“Destroyed in Dragon fire,” Musk said about the expected destruction of the rocket in a tweet last week. Crew Dragon splashed down in the Atlantic Ocean at 10:39 a.m. ET under its four parachutes.

SpaceX’s Crew Dragon capsule splashes down after its first test flight in March 2019. NASA/Cory Huston

SpaceX has developed Crew Dragon in large part thanks to NASA’s commercial crew program, as the company has been awarded more than $3.1 billion since winning its first contract for the capsule in 2014. Development of Crew Dragon has suffered several setbacks over the years, including getting its parachute system working and a capsule explosion during a test last April. “This test is very important to us. It’s really the culmination of years of work together in close partnership with NASA,” Reed said. If this test and Crew Dragon’s final certification process are successful, NASA expects SpaceX to fly two of its astronauts on a test flight to the space station later this year. It will be the first time the U.S. launched its own astronauts to the International Space Station since the end of the Space Shuttle program in 2011. “This is our last milestone” for Crew Dragon under NASA’s development contract, commercial crew manager Kathy Lueders said in the press conference Friday.

NASA astronauts Doug Hurley and Bob Behnken suited up inside a SpaceX Crew Dragon capsule. NASA


Company: cnbc, Activity: cnbc, Date: 2020-01-19  Authors: michael sheetz
Keywords: news, cnbc, companies, companys, completing, space, spacex, crew, capsule, dragon, flying, closes, astronauts, test, nasa, fiery, rocket


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Bad weather forces delay of SpaceX simulated rocket failure test

The test, the company’s final milestone test before flying NASA astronauts from U.S. soil, had been planned to take place on Saturday. SpaceX said in a Twitter post it was standing down from the Crew Dragon capsule test because of high winds and rough seas in the recovery area. It was now looking at carrying out the test on Sunday, with a six-hour test window starting at 8 a.m. The booster will free-fall and tumble back uncontrollably toward the ocean, SpaceX’s Crew Mission Management director B


The test, the company’s final milestone test before flying NASA astronauts from U.S. soil, had been planned to take place on Saturday.
SpaceX said in a Twitter post it was standing down from the Crew Dragon capsule test because of high winds and rough seas in the recovery area.
It was now looking at carrying out the test on Sunday, with a six-hour test window starting at 8 a.m.
The booster will free-fall and tumble back uncontrollably toward the ocean, SpaceX’s Crew Mission Management director B
Bad weather forces delay of SpaceX simulated rocket failure test Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-18
Keywords: news, cnbc, companies, forces, thrusters, spacexs, crew, failure, weather, abort, reed, rocket, simulated, test, bad, capsule, spacex, delay, falcon, space


Bad weather forces delay of SpaceX simulated rocket failure test

Bad weather forced Elon Musk’s SpaceX to delay until Sunday a test in which it will destroy one of its own rockets in atrial of a crucial emergency abort system on an unmanned astronaut capsule.

The test, the company’s final milestone test before flying NASA astronauts from U.S. soil, had been planned to take place on Saturday.

SpaceX said in a Twitter post it was standing down from the Crew Dragon capsule test because of high winds and rough seas in the recovery area.

It was now looking at carrying out the test on Sunday, with a six-hour test window starting at 8 a.m. ET (1300 GMT).

Less than two minutes after liftoff from a launchpad in Florida, the Crew Dragon will fire on-board thrusters to eject itself off a Falcon 9 rocket mid-air, simulating an emergency abort scenario that will prove it can return astronauts to safety.

The test is crucial to qualify SpaceX’s astronaut capsule to fly humans to the International Space Station, which the National Aeronautics and Space Administration expects to come as soon as mid-2020. It follows years of development and delays as the United States has sought to revive its human spaceflight program through private partnerships.

NASA awarded $4.2 billion to Boeing and $2.5 billion to SpaceX in 2014 to develop separate capsule systems capable of ferrying astronauts to the space station from U.S. soil for the first time since NASA’s space shuttle program ended in 2011.

The space agency has since relied on Russian spacecraft to hitch rides to the space station.

In the test, the Falcon 9 rocket’s boosters will shut down roughly 12 miles (19 km) above the ocean, a mock failure that will trigger Crew Dragon’s so-called SuperDraco thrusters to jet itself away at supersonic speeds of up to 1,500 miles per hour (2,400 kph).

The capsule will deploy three parachutes to slow its descent to water, carrying aboard two human-shaped test dummies dressed in motion sensors to collect valuable data on the immense g-force – the effect of acceleration on the body – imposed during abort.

The booster will free-fall and tumble back uncontrollably toward the ocean, SpaceX’s Crew Mission Management director Benji Reed said. “At some point we expect that the Falcon will start to break up.”

“Our Falcon 9 recovery forces will be standing by ready to go and recover as much of the Falcon as we can as safely as possible,” Reed said.

The in-flight abort test was originally scheduled to take place in mid-2019, but the timeline was delayed by nine months after one of SpaceX’s Crew Dragon capsules exploded in April on a test stand just before firing its launch abort thrusters, triggering a lengthy investigation.

SpaceX zeroed in on a previously unknown explosive reaction between a titanium valve and the capsule’s rocket fuel. Reed told Reuters SpaceX had completed the investigation within the last week.


Company: cnbc, Activity: cnbc, Date: 2020-01-18
Keywords: news, cnbc, companies, forces, thrusters, spacexs, crew, failure, weather, abort, reed, rocket, simulated, test, bad, capsule, spacex, delay, falcon, space


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Former GOP Rep. Chris Collins set to be sentenced in insider trading case

Former U.S. Rep. Chris Collins (R-NY) exits federal court on October 1, 2019 in New York City. Disgraced former Rep. Chris Collins faces sentencing Friday in the insider-trading case that led him to give up his seat in Congress. ET in federal court in lower Manhattan. Chris Collins himself did not trade Innate stock after learning about the test results. The younger Collins and Stephen Zarsky, his fiancee’s father, will be sentenced next week in the insider trading case.


Former U.S. Rep. Chris Collins (R-NY) exits federal court on October 1, 2019 in New York City.
Disgraced former Rep. Chris Collins faces sentencing Friday in the insider-trading case that led him to give up his seat in Congress.
ET in federal court in lower Manhattan.
Chris Collins himself did not trade Innate stock after learning about the test results.
The younger Collins and Stephen Zarsky, his fiancee’s father, will be sentenced next week in the insider trading case.
Former GOP Rep. Chris Collins set to be sentenced in insider trading case Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: kevin breuninger
Keywords: news, cnbc, companies, set, insider, gop, case, test, york, federal, court, house, trading, guilty, sentenced, sentence, stock, rep, collins, chris


Former GOP Rep. Chris Collins set to be sentenced in insider trading case

Former U.S. Rep. Chris Collins (R-NY) exits federal court on October 1, 2019 in New York City.

Disgraced former Rep. Chris Collins faces sentencing Friday in the insider-trading case that led him to give up his seat in Congress.

U.S. Judge Vernon Broderick is scheduled to announce the sentence at 2:30 p.m. ET in federal court in lower Manhattan.

Federal prosecutors want Broderick to sentence Collins to nearly five years in prison — the top end of the federal guidelines range — to set an example that will “promote respect for the law, in light of the lack of respect that Collins has shown for it.”

But Collins’ lawyers have asked for probation.

“He has paid a heavy price for his crimes,” one of his attorneys wrote in a court filing last week, claiming Collins is “now too ashamed to spend significant time in the community he loves.”

Probation officers had recommended a sentence of a year and a day in prison, along with a $200,000 fine and a term of supervised release.

Collins, 69, was the first member of Congress to support then-candidate Donald Trump’s 2016 White House bid. Despite pleading guilty to charges of conspiracy to commit securities fraud and making false statements, Collins has retained some support in his upstate New York district — and from high-profile Republicans like former House Speaker John Boehner — who have vouched for Collins’ character in letters to the judge.

Collins pleaded guilty in October to tipping off his son Cameron in a phone call from the White House lawn about the results of an Australian biotech company’s failed drug trial before the test results became public.

After the test was revealed, the stock price of the company — in which Collins was a leading investor and board member — tanked by more than 90%.

A day before Collins switched his plea to guilty, he submitted his resignation from Congress.

Cameron Collins saved nearly $600,000 by dumping his stock in the company, Innate Immunotherapeutics, before it disclosed the bad news. Chris Collins himself did not trade Innate stock after learning about the test results.

The younger Collins and Stephen Zarsky, his fiancee’s father, will be sentenced next week in the insider trading case.


Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: kevin breuninger
Keywords: news, cnbc, companies, set, insider, gop, case, test, york, federal, court, house, trading, guilty, sentenced, sentence, stock, rep, collins, chris


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Airbus releases photos of automatic take-offs

Airbus looks to have taken pilotless commercial jet flight one step closer after revealing that one of its test aircraft has taken off automatically. An Airbus test pilot is shown with one hand at rest as an A350-1000, fitted with image recognition technology, takes off automatically at Toulouse-Blagnac airport on December 18, 2019. The nose of the aircraft began to lift up automatically to take the expected take-off pitch value and a few seconds later we were airborne,” said Airbus Test Pilot C


Airbus looks to have taken pilotless commercial jet flight one step closer after revealing that one of its test aircraft has taken off automatically.
An Airbus test pilot is shown with one hand at rest as an A350-1000, fitted with image recognition technology, takes off automatically at Toulouse-Blagnac airport on December 18, 2019.
The nose of the aircraft began to lift up automatically to take the expected take-off pitch value and a few seconds later we were airborne,” said Airbus Test Pilot C
Airbus releases photos of automatic take-offs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: david reid
Keywords: news, cnbc, companies, takeoff, automatically, taken, technology, pilot, system, takeoffs, test, automatic, aircraft, airbus, releases, photos, toulouseblagnac


Airbus releases photos of automatic take-offs

Airbus looks to have taken pilotless commercial jet flight one step closer after revealing that one of its test aircraft has taken off automatically. The European planemaker said that in tests conducted at Toulouse-Blagnac airport on December 18, an A350-1000 with two pilots sitting ready to take over, conducted eight takeoffs on auto-pilot. Accompanying the press release was a photograph showing a pilot sitting with one hand at rest as the plane pitched up.

An Airbus test pilot is shown with one hand at rest as an A350-1000, fitted with image recognition technology, takes off automatically at Toulouse-Blagnac airport on December 18, 2019. Source: Airbus

“We moved the throttle levers to the take-off setting and we monitored the aircraft. It started to move and accelerate automatically maintaining the runway center line, at the exact rotation speed as entered in the system. The nose of the aircraft began to lift up automatically to take the expected take-off pitch value and a few seconds later we were airborne,” said Airbus Test Pilot Captain Yann Beaufils. The technology behind the takeoff is different from the Instrument Landing System (ILS) currently used around the world, Airbus said in its press release Thursday. Instead, the company said the automatic takeoff was made possible by image recognition technology installed directly on the aircraft. The company says the next step is automatic vision-based landing and taxi sequences taking place by mid-2020.

March to automation


Company: cnbc, Activity: cnbc, Date: 2020-01-16  Authors: david reid
Keywords: news, cnbc, companies, takeoff, automatically, taken, technology, pilot, system, takeoffs, test, automatic, aircraft, airbus, releases, photos, toulouseblagnac


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Burger King’s largest US franchisee says Impossible Whopper and Popeyes chicken sandwich sales have stabilized

Burger King’s largest U.S. franchisee is seeing sales of the Impossible Whopper and the Popeyes chicken sandwich level out as the initial buzz around the two menu items dies down. “The Impossible Whopper has stabilized,” Accordino said at the ICR Conference on Tuesday. In comparison, an average Burger King restaurant owned by Carrols sells 234 beef Whoppers a day, he said. Burger King, however, is doubling down with a test of the Impossible Whopper Jr. and the forthcoming test of Impossible Croi


Burger King’s largest U.S. franchisee is seeing sales of the Impossible Whopper and the Popeyes chicken sandwich level out as the initial buzz around the two menu items dies down.
“The Impossible Whopper has stabilized,” Accordino said at the ICR Conference on Tuesday.
In comparison, an average Burger King restaurant owned by Carrols sells 234 beef Whoppers a day, he said.
Burger King, however, is doubling down with a test of the Impossible Whopper Jr. and the forthcoming test of Impossible Croi
Burger King’s largest US franchisee says Impossible Whopper and Popeyes chicken sandwich sales have stabilized Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-14  Authors: amelia lucas
Keywords: news, cnbc, companies, burger, sales, popeyes, restaurant, whopper, kings, impossible, king, carrols, franchisee, largest, test, stabilized, sandwich, chicken


Burger King's largest US franchisee says Impossible Whopper and Popeyes chicken sandwich sales have stabilized

Burger King’s largest U.S. franchisee is seeing sales of the Impossible Whopper and the Popeyes chicken sandwich level out as the initial buzz around the two menu items dies down.

Average daily orders of the meatless Whopper at a Burger King location owned by Carrols Restaurant Group have decreased from 32 to 28, according to Carrols CEO Dan Accordino.

“The Impossible Whopper has stabilized,” Accordino said at the ICR Conference on Tuesday.

In comparison, an average Burger King restaurant owned by Carrols sells 234 beef Whoppers a day, he said. Traditional Whoppers sell for about a dollar less than the Impossible Whopper.

The veggie burger trend, driven by Beyond Meat and privately held Impossible Foods’ realistic imitation patties, has led restaurant chains to add their own versions to their menus in the hopes of luring new customers.

But while Restaurant Brands International’s Burger King rolled its Impossible Whopper out nationwide in August, its top rival McDonald’s has been slower to act. The fast-food giant recently expanded its Canadian test of the P.L.T. burger, made with a Beyond patty, although three restaurants that participated in the original test will remove it from menus.

Burger King, however, is doubling down with a test of the Impossible Whopper Jr. and the forthcoming test of Impossible Croissan’wich, made with a meatless sausage.

Carrols reported same-store sales growth of 2% at its Burger King locations in its fourth quarter. Accordino said that restaurants of sister chain Popeyes Lousiana Kitchen, buoyed by the popularity of its chicken sandwich, stole share across the fast-food industry in November and December, hitting Burger King locations. The chicken sandwich returned to Popeyes in November after selling out in August.

The Burger King franchisee reported fourth-quarter same-store sales growth of 21% at its Popeyes locations, a small segment of its business. At the peak of the chicken sandwich craze, a Popeyes location owned by Carrols could sell more than 1,100 per day.

“It’s not at that level now, but it is at a very stable level,” Accordino said.

Beyond Meat shares have been rallying in recent days. The stock, which has a market value of $7.4 billion, was recently up nearly 6%.

Carrols shares were down more than 1% in trading Tuesday. The company, which hit a 52-week low of $5.72 earlier, has a market value of $300 million.


Company: cnbc, Activity: cnbc, Date: 2020-01-14  Authors: amelia lucas
Keywords: news, cnbc, companies, burger, sales, popeyes, restaurant, whopper, kings, impossible, king, carrols, franchisee, largest, test, stabilized, sandwich, chicken


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

This company will pay you $4,000 to ‘test’ Florida theme parks including Disney World

UK travel agency Ocean Florida is looking to hire someone to be a theme park tester throughout Florida. The company will pay £3,000 (about $3,930) for the tester to spend three “magical weeks” exploring Orlando, Florida’s theme parks during April or May, according to the job listing, including Walt Disney World, Universal Orlando and the SeaWorld Parks, among others. The chosen tester will have the option to bring a friend, with travel costs and accommodations covered by the company for both. In


UK travel agency Ocean Florida is looking to hire someone to be a theme park tester throughout Florida.
The company will pay £3,000 (about $3,930) for the tester to spend three “magical weeks” exploring Orlando, Florida’s theme parks during April or May, according to the job listing, including Walt Disney World, Universal Orlando and the SeaWorld Parks, among others.
The chosen tester will have the option to bring a friend, with travel costs and accommodations covered by the company for both.
In
This company will pay you $4,000 to ‘test’ Florida theme parks including Disney World Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: taylor locke
Keywords: news, cnbc, companies, passes, disney, parks, test, pay, company, 4000, universal, florida, world, including, travel, orlando, tester, theme


This company will pay you $4,000 to 'test' Florida theme parks including Disney World

UK travel agency Ocean Florida is looking to hire someone to be a theme park tester throughout Florida.

The company will pay £3,000 (about $3,930) for the tester to spend three “magical weeks” exploring Orlando, Florida’s theme parks during April or May, according to the job listing, including Walt Disney World, Universal Orlando and the SeaWorld Parks, among others.

The chosen tester will have the option to bring a friend, with travel costs and accommodations covered by the company for both. In addition, the company says it will pay for fast passes, photo passes and supply a daily budget for activities like “rating the infamous Hogsmeade Butterbeer” served at The Wizarding World of Harry Potter in Universal Studios.


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: taylor locke
Keywords: news, cnbc, companies, passes, disney, parks, test, pay, company, 4000, universal, florida, world, including, travel, orlando, tester, theme


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Virgin Galactic is seeing strong demand for tourist flights to space, will re-open ticket sales

Shares of Virgin Galactic rose 4.5% in trading from its previous close of $11.42. But Virgin Galactic froze ticket sales after a crash in 2014 killed a pilot during a test flight. Virgin Galactic said in its third-quarter results that – following those test flights – the company received 3,557 expressions of interest in flight reservations. Before that happens Virgin Galactic will move its spacecraft Unity to the company’s spaceport in New Mexico from its testing facility in Mojave, California.


Shares of Virgin Galactic rose 4.5% in trading from its previous close of $11.42.
But Virgin Galactic froze ticket sales after a crash in 2014 killed a pilot during a test flight.
Virgin Galactic said in its third-quarter results that – following those test flights – the company received 3,557 expressions of interest in flight reservations.
Before that happens Virgin Galactic will move its spacecraft Unity to the company’s spaceport in New Mexico from its testing facility in Mojave, California.

Virgin Galactic is seeing strong demand for tourist flights to space, will re-open ticket sales Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: michael sheetz
Keywords: news, cnbc, companies, seeing, sales, reopen, told, company, virgin, tourist, test, morgan, galactic, flights, commercial, space, whitesides, ticket, strong


Virgin Galactic is seeing strong demand for tourist flights to space, will re-open ticket sales

Virgin Galactic CEO George Whitesides on Thursday revealed the company has seen steadily increasing demand from prospective space tourists, as the company edges closer to its goal of beginning commercial flights this year.

The number of people telling the company they want to fly to the edge of space “keeps ticking up by a good chunk every month,” Whitesides told CNBC’s Morgan Brennan on “Squawk on the Street.”

“Later on in the year we’ll re-open those sales,” Whitesides said.

Shares of Virgin Galactic rose 4.5% in trading from its previous close of $11.42.

The company has 603 reservations on its books, with tickets going for $250,000 per person. But Virgin Galactic froze ticket sales after a crash in 2014 killed a pilot during a test flight. After updating its spacecraft, and spending the last few years verifying its safety, Virgin Galactic has flown five people to space on two successful test flights.

Virgin Galactic said in its third-quarter results that – following those test flights – the company received 3,557 expressions of interest in flight reservations. The company reported those quarterly results in November, shortly following its public debt on the New York Stock Exchange.

Whitesides told investors at Morgan Stanley’s recent space summit that the high demand for tickets means his company could increase its prices substantially for first commercial flights.

The CEO on Thursday outlined the company’s goals for the year ahead, with Virgin Galactic’s number one priority to fly Branson to space. Before that happens Virgin Galactic will move its spacecraft Unity to the company’s spaceport in New Mexico from its testing facility in Mojave, California. Then the company will complete a series of test flights at the new location, while also finishing the design of the spacecraft’s cabin for customers.

Virgin Galactic Chairman Chamath Palihapitiya told CNBC in November that he expects Virgin Galactic to begin commercial operations in the middle of this year. The company aims to be profitable by 2021.

There are three Wall Street firms covering Virgin Galactic’s stock – Morgan Stanley, Credit Suisse and Vertical Research Partners – and all three have buy ratings.


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: michael sheetz
Keywords: news, cnbc, companies, seeing, sales, reopen, told, company, virgin, tourist, test, morgan, galactic, flights, commercial, space, whitesides, ticket, strong


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Ex-Speaker John Boehner calls lying former congressman Chris Collins ‘good man’ as defense requests no jail time in insider-trading case

House Speaker John Boehner of Ohio performs a mock swearing in for Rep. Chris Collins, R-N.Y., Thursday, Jan. 3, 2013, on Capitol Hill in Washington as the 113th Congress began. Former House Speaker John Boehner called disgraced former New York congressman Chris Collins a “good man” in a letter submitted by Collins’ lawyer as part of a bid to win him a no-jail sentence in his insider-trading criminal case. The former Buffalo-area representative is due to be sentenced Jan. 17 in U.S. District Cou


House Speaker John Boehner of Ohio performs a mock swearing in for Rep. Chris Collins, R-N.Y., Thursday, Jan. 3, 2013, on Capitol Hill in Washington as the 113th Congress began.
Former House Speaker John Boehner called disgraced former New York congressman Chris Collins a “good man” in a letter submitted by Collins’ lawyer as part of a bid to win him a no-jail sentence in his insider-trading criminal case.
The former Buffalo-area representative is due to be sentenced Jan. 17 in U.S. District Cou
Ex-Speaker John Boehner calls lying former congressman Chris Collins ‘good man’ as defense requests no jail time in insider-trading case Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, man, supporting, jan, jail, insidertrading, stock, rep, wrote, collins, exspeaker, defense, lying, chris, sentenced, boehner, requests, john, good, congressman, test


Ex-Speaker John Boehner calls lying former congressman Chris Collins 'good man' as defense requests no jail time in insider-trading case

House Speaker John Boehner of Ohio performs a mock swearing in for Rep. Chris Collins, R-N.Y., Thursday, Jan. 3, 2013, on Capitol Hill in Washington as the 113th Congress began.

Former House Speaker John Boehner called disgraced former New York congressman Chris Collins a “good man” in a letter submitted by Collins’ lawyer as part of a bid to win him a no-jail sentence in his insider-trading criminal case.

Boehner was one of more than a dozen past and present Republican members of Congress to write letters supporting Collins that were included in the sentencing memorandum filed Tuesday by a defense lawyer.

But federal probation officials recommended that Collins, 69, should be sentenced to a year and a day in jail, along with a $200,000 fine, for his crimes of conspiring to commit securities fraud and lying to FBI agents.

That or the no-jail term requested by Collins’ attorney would be significantly less than the 45-to-57-month range suggested by federal guidelines. The former Buffalo-area representative is due to be sentenced Jan. 17 in U.S. District Court in Manhattan.

Collins in October pleaded guilty to tipping off his son Cameron in a phone call from the White House lawn about the results of an Australian biotech company’s failed drug trial before the test results became public. After the test was revealed, the stock price of the firm — in which Collins was a leading investor and board member — tanked by more than 90%.

Cameron Collins saved nearly $600,000 by dumping his stock in Innate Immunotherapeutics before the company disclosed the bad news in a press release. Chris Collins himself did not trade Innate stock after learning about the test results.

The younger Collins is due to be sentenced Jan. 23, and Stephen Zarsky, the father of Cameron’s fiancee, will be sentenced Jan. 24 in connection with his selling Innate stock after being tipped by Cameron to the bad test results.

Collins, who resigned his seat in Congress a day before pleading guilty, was the first congressman to endorse the candidacy of Donald Trump for the presidency.

Boehner’s letter does not ask the judge for leniency in Collins’ sentencing, but rather says it is submitted “simply in hopes of sharing my experience with Chris as a fellow American and friend.”

Collins “is a family man who has a passion for his country, his wife, his children and grandchildren,” Boehner wrote.

“Chris was my friend at times when he didn’t have to be my friend, and I’m sure he took some political heat for supporting me as Speaker at a time when supporting me wasn’t popular,” Boehner wrote.

“As human beings, we make mistakes and errors of judgment, and we have to accept the consequences that come with our mistakes and our errors of judgment. Chris, I believe, would be the first to agree with this,” wrote the former speaker.

“I know this experience has been mortifying for him,” Boehner wrote. “I continue to believe he is a good man who loves his family and his country.”

Collins’ lawyer Jonathan New cited Boehner’s comments in his court filing Tuesday, saying the ex-House speaker’s letter “serves as a testament to [Collins’] character and his impact on those he worked closely with.”

New submitted more than 100 other letters, some of which asked Judge Vernon Broderick to offer leniency to Collins.

The letters include ones from Rep. Brian Babin of Texas, Rep. Peter King of New York and Rep. Richard Hudson of North Carolina.

“Chris comes before the Court humbled, penitent and remorseful,” wrote New, whose client for months after being arrested in August 2018 had falsely claimed he had done nothing wrong and who actually won re-election months after being indicted.

“He has paid a heavy price for his crimes,” New wrote.

New also said that Collins is “now too ashamed to spend significant time in the [Buffalo-area] community he loves.”


Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: dan mangan kevin breuninger, dan mangan, kevin breuninger
Keywords: news, cnbc, companies, man, supporting, jan, jail, insidertrading, stock, rep, wrote, collins, exspeaker, defense, lying, chris, sentenced, boehner, requests, john, good, congressman, test


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Toyota plans to build ‘city of the future’ with housing, robots and autonomous vehicles in Japan

Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt. The project, known as the Woven City, is expected to break ground in 2021. ToyotaToyota plans to build a “prototype city of the future” on a 175-acre site at the base of Mt. Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt. Toyota expects about 2,000 people – from employees to retailers and visiting scientists –


Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt.
The project, known as the Woven City, is expected to break ground in 2021.
ToyotaToyota plans to build a “prototype city of the future” on a 175-acre site at the base of Mt.
Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt.
Toyota expects about 2,000 people – from employees to retailers and visiting scientists –
Toyota plans to build ‘city of the future’ with housing, robots and autonomous vehicles in Japan Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-07  Authors: michael wayland
Keywords: news, cnbc, companies, future, autonomous, technologies, project, robots, city, woven, personal, japan, build, toyota, site, vehicles, plans, housing, test


Toyota plans to build 'city of the future' with housing, robots and autonomous vehicles in Japan

Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt. Fuji in Japan. The project, known as the Woven City, is expected to break ground in 2021. Toyota

Toyota plans to build a “prototype city of the future” on a 175-acre site at the base of Mt. Fuji in Japan to test and develop new emerging technologies such as autonomous vehicles. Akio Toyoda, president of the automaker, described the “Woven City” as a “living laboratory” that will include thousands of residents and will test autonomous vehicles, robotics, personal mobility, smart homes and artificial intelligence in a real-world environment.

“Imagine a fully controlled site that will allow researchers, engineers and scientists to freely test technologies,” he said Monday night when announcing the plans in conjunction with the CES technology conference in Las Vegas this week. “This will be a truly unique opportunity to create an entire community or city from the ground up.” The company did not announce a cost or timeframe for completion of the project, which plans to break ground in 2021. A Toyota spokesman did not immediately respond for comment.

Toyota on Jan. 6, 2019 revealed plans to build a prototype “city of the future” on a 175-acre site at the base of Mt. Fuji in Japan. The project, known as the Woven City, is expected to break ground in 2021. Toyota

The master plan for the city includes three sectors for research of such technologies: fast vehicles; mix of lower speed, personal mobility and pedestrians; and a park-like promenade for pedestrians. Toyota expects about 2,000 people – from employees to retailers and visiting scientists – to initially live in the Woven City, according to Toyoda. “I suppose you could say this is my personal field of dreams,” he said. “You know, if you build it, they will come.” The city is planned to be fully sustainable, according to the company. That includes buildings made mostly of wood to minimize the carbon footprint; fully autonomous, zero-emission vehicles; and solar power in addition to power generated by hydrogen fuel cells.

Envisioned as a “living laboratory,” the Woven City will serve as a home to full- time residents and researchers who will be able to test and develop technologies such as autonomy, robotics, personal mobility, smart homes and artificial intelligence in a real-world environment. Toyota

Residences, according to the company, will be equipped with the “latest in human support technologies, such as in-home robotics to assist with daily living.” “I truly believe this is a project that can benefit everyone. Not just Toyota,” Toyoda said. The city was designed in conjunction with renowned Danish architect Bjarke Ingels, whose firm is responsible for designing the upcoming 2 World Trade Center in New York, Google’s new headquarters and other modern or futuristic developments such as a Mars simulation city for Dubai.


Company: cnbc, Activity: cnbc, Date: 2020-01-07  Authors: michael wayland
Keywords: news, cnbc, companies, future, autonomous, technologies, project, robots, city, woven, personal, japan, build, toyota, site, vehicles, plans, housing, test


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post