Business

BP invests in Israeli battery startup StoreDot

BP has invested $20 million in Israel’s StoreDot, a start-up which claims its batteries can charge electrics cars in a few minutes. The oil giant said Tuesday which its venture capital arm BP Ventures was investing within the Tel Aviv-based firm as the idea looks to reduce greenhouse gas emissions in its operations. “Ultra-fast charging is usually at the heart ...

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JetBlue-backed private jet company signs up for hybrid electric planes

A JetBlue-backed private jet company is actually generating a bet on electric planes. JetSuite, which offers private charter flights, along with semi-private scheduled service on its JetSuiteX planes, said Monday the item will become the launch customer for up to 100 hybrid-to-electric planes through start-up Zunum Aero. Zunum, which is actually backed by venture arms of both JetBlue along with ...

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Royal Wedding gift bags for sale on eBay

While many observers of Saturday’s royal wedding saw the look of love, others saw dollar signs, which seems, as numerous attendees have taken to eBay to sell their gift bags. As of Tuesday morning, 34 auctions were listed on the website, with prices ranging coming from £112 (around $150) up to £10,100 (approximately $13,552). The highest priced listing, which is ...

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Donald Trump may lift sales ban on ZTE

Johannes Eisele | AFP | Getty Images The ZTE logo will be seen on an office building in Shanghai on May 3, 2018. In exchange for Trump’s removal of the ban, ZTE will make major modifications in management, board seats as well as potentially pay fines, according to the Journal. Details of the deal are still being worked out, the ...

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NYPD probing sex allegations against Mario Batali

The fresh York Police Department is actually investigating allegations of sexual misconduct leveled against celebrity chef Mario Batali. The NYPD confirmed the probe following a “60 Minutes” broadcast Sunday night in which an unnamed woman accused Batali of drugging in addition to also sexually assaulting her in 2005. She says she remembers joining him for a glass of wine at ...

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Why rising gas prices won’t last after Trump ends Iran nuclear deal

Oil prices jumped after President Trump scuttled the Iranian nuclear deal, pushing gas prices higher. Will pump prices pummel your driving budget This particular summer — as well as thereafter? My research says no. Oil’s budget-bashing potential went the way of the eight-track. Recent cost wiggles won’t last. Why? Americans routinely fear higher oil. Memories of disco-era oil shocks, gas ...

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Tesla product 3 falls short of Consumer Reports recommendation

Tesla’s product 3 sedan fell short of a recommendation by Consumer Reports on Monday. The vehicle has many attributes which could make which a competitor to the Audi A4 or the BMW 3 Series, however there are some traits which kept the group by giving the vehicle a full-throated endorsement, Consumer Reports said. “Our testers also found flaws—big flaws—such as ...

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American Airlines flight attendants sound alarm about Project Oasis

American Airlines flight attendants, still working through a uniform crisis which dates to September 2016, are up in arms over a major retrofit project right now getting underway dubbed Project Oasis. In a nutshell, the idea’s a project to retrofit nearly 0 Boeing (NYSE: BA) 737-800 aircraft in American’s fleet to match the configuration of the much-newer Boeing 737 MAX ...

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