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Largest and oldest refinery on U.S. East Coast to close, 1,000 new unemployed

Companies
Philadelphia Energy Solutions
Philadelphia Energy Solutions (PES) will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex.

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BUSINESS

Solar panel systems in Spain
 
Solar panel systems soar in Spain thanks to friendlier regulation
Wednesday June 26, 2019
Last year, 235 megawatts (MW) of new photovoltaic power were added in Spain, and this year the industry expects to see an installed capacity of 400 MW, says José Donoso, director general of the industry association.
 
 
Renewables in Africa
 
The African Development Bank (AfDB.org) announced a EUR 40 million investment from the European Commission for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa.
 
 
Cuba solar energy park
 
As part of the Cuban strategy to reduce dependence on fossil fuels, a new photovoltaic solar park, with 2.5 megawatts of capacity, was opened in the center of the country, the press reported Tuesday.
 
 
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POLITICS

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COMPANIES

Broadcom
 
Commission opens investigation into Broadcom
Wednesday June 26, 2019
The European Commission has opened a formal antitrust investigation to assess whether Broadcom may be restricting competition through exclusivity practices, in breach of EU rules.
 
 
 
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ECONOMY

port containersNew Zealand trade surplus widens in May

 
Hong KongHong Kong trade deficit narrows in May

 
 
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CAREERS

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EARNINGS

Micron Technology Q3 adjusted earnings beat estimates

Micron TechnologyMicron Technology released a profit for third quarter that decreased from the same period last year.

  • Lennar earnings climb in Q2
  • LightInTheBox Q1 revenues decreased 27.4% year-over-year to $50.9 million
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    QUOTE OF THE MOMENT

    Jeff Bezos"A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well."

    Jeff Bezos


     
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    Meantime

    World   Meteorites

    Cyanide compounds discovered in meteorites may hold clues to the origin of life

    meteorites

    Cyanide and carbon monoxide are both deadly poisons to humans, but compounds containing iron, cyanide, and carbon monoxide discovered in carbon-rich meteorites by a team of scientists at Boise State University and NASA may have helped power life on early Earth.
    More from Meantime

    Travel

    275 Room Graduate Eugene Hotel opens in Oregon

    Graduate Eugene HotelAmerica   The 275-room hotel is located adjacent to the Hult Center
    Graduate Hotels announced that Graduate Eugene on Oregon is now officially open.

    Health

    San Francisco becomes first U.S. city to ban sales of e-cigarettes

    San Francisco Mayor London BreedAmerica   San Francisco Mayor London Breed
    San Francisco's Board of Supervisors Tuesday voted unanimously to outlaw the sale of electronic-cigarettes across the city, which also includes online delivery of vaping products to an off-line recipient.

    Sea, Land, Air

    Pininfarina Battista, world’s first pure electric luxury hyper GT

    Pininfarina BattistaCars   The Battista is a typically elegant Pininfarina design
    When it arrives in 2020, the Pininfarina Battista will be the most powerful car ever designed and built in Italy.

    Design

    Four pieces for tropical feel around your house

    Tropical design ideasTropics   If you can't go to a tropical paradise, let it come to you
    The summer is upon us with all its heat and if you are not lucky enough to escape to a tropical paradise we can bring a tropical look to your homes with four easy pieces.

    Gadgets

    Teac TN-4D, a very special turntable

    Teac TN-4DAudio   An analogue turntable that achieves highly accurate rotational speeds
    The Teac TN-4D is a direct-drive, analogue turntable with an elegant, low-profile design.