RWE goes green in mega deal to sell Innogy to E.ON

RWE goes green in mega deal to sell Innogy to E.ON

FRANKFURT (Reuters) – Utility RWE (RWEG.DE) said on Sunday it had agreed to sell its 76.8 percent stake in Innogy (IGY.DE) to rival E.ON (EONGn.DE), as part of a complex deal that would position RWE as a clean energy champion. RWE logo in Essen, Germany, March 14, 2017. Reuters/Thilo Schmuelgen The multi-stage deal to sell […]

SpiceJet, CFM Sign $12.5 Billion Engine, Service Deal

SpiceJet, CFM Sign $12.5 Billion Engine, Service Deal

One of India’s fastest-growing airlines has signed a $12.5 billion deal with CFM International Inc. for engines and a 10-year services contract for an incoming fleet of more than 150 Boeing Co. 737 MAX aircraft. SpiceJet Ltd. has agreed to buy the LEAP-1B engines and spare engines from CFM, which is a joint venture between […]

Elon Musk's hyperloop dream may come true — and soon

Elon Musk's hyperloop dream may come true — and soon

Get the Mach newsletter. SUBSCRIBE Elon Musk first described his idea for a futuristic transportation system that would send passenger pods through tubes at speeds of hundreds of miles an hour back in 2013. At the time, the idea of actually building and operating a so-called “hyperloop” seemed far-fetched, to say the least. But hyperloops […]

Exencial Wealth Advisors LLC Purchases 3068 Shares of SunTrust Banks, Inc. (NYSE:STI)

Exencial Wealth Advisors LLC Purchases 3068 Shares of SunTrust Banks, Inc. (NYSE:STI)

Exencial Wealth Advisors LLC lifted its stake in shares of SunTrust Banks, Inc. (NYSE:STI) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 72,645 shares of the financial services provider’s stock after acquiring an additional 3,068 shares during the quarter. […]

Cost for California bullet train jumps to $77B, opening delayed

Cost for California bullet train jumps to $77B, opening delayed

SACRAMENTO, Calif. — The projected cost of California’s bullet train between San Francisco and Los Angeles has jumped to $77 billion and the completion date has been pushed back four years to 2033, according to a business plan released Friday. The plan by the California High-Speed Rail Authority presents the latest setbacks for a project […]

Savanna Maue: Pre-packaged meal kit popularity and where to find it locally

Savanna Maue: Pre-packaged meal kit popularity and where to find it locally

Savanna Maue SavannaMaue Hey all — This week I wanted to talk about meal kits. You may have heard of Blue Apron, or HelloFresh — these meal delivery services that provide nutritious ingredients and in-depth preparation instructions to create your own meals at home. This week I learned the service is being provided locally, by […]

Market recap: Mattel shares decline amid industry concerns

Market recap: Mattel shares decline amid industry concerns

Time out: Mattel shares dropped 7 percent to $14.84 Friday after reports that Toys ‘R’ Us, which accounts for 8 percent of its sales, may liquidate operations. Mattel shares have declined 37 percent in the past year. Deal bounce: Dana Inc. shares rose 3.5 percent to $27.14 Friday after it announced a deal to buy […]

Kansas City mayor: 'I haven't shed a tear' over Amazon HQ2 bid

Kansas City mayor: 'I haven't shed a tear' over Amazon HQ2 bid

There’s no crying over losing Amazon. “I haven’t shed a tear since we did not make the list,” Kansas City Mayor Sly James said Saturday at the SXSW festival about not making the cut to host Amazon’s new second headquarters. “It wasn’t something I was worried about one way or the other.” Kansas City was […]

Tesla creates a buzz with electric car innovation

Tesla creates a buzz with electric car innovation

The trend towards electric power is gathering pace, even if VW bosses see a future for cleaner diesel technology, while still planning to set aside €84bn for electric and futuristic means of propulsion. Toyota, the long-time believer in hybrid technology, has decided there will be no sale of new diesel passenger cars from next year. […]

Thousands of marchers in British Columbia say no to Trans Mountain pipeline

Thousands of marchers in British Columbia say no to Trans Mountain pipeline

Thousands turned out Saturday in Vancouver, B.C., for a march and demonstration against Kinder Morgan’s Trans Mountain pipeline expansion in Burnaby. BURNABY, British Columbia — Thousands of opponents of Kinder Morgan’s Trans Mountain oil-pipeline expansion filled the streets of metro Vancouver on Saturday in the biggest pushback yet against the $7.3 billion project. Planned along […]