Day: October 1, 2020

General Electric Shares Slide On Plans To Exit New Build Coal Power Market

General Electric shares traded lower Monday after the industrial group said it would exit the new build coal power market.



a sign on the side of a building: General Electric Shares Slide On Plans To Exit New Build Coal Power Market


© TheStreet
General Electric Shares Slide On Plans To Exit New Build Coal Power Market

GE said it would continue to focus on and invest in its core renewable energy and power generation businesses, but added that getting out of the new build coal market would likely include site closings, job cuts and other “appropriate considerations for publicly held subsidiaries.”

Loading...

Load Error

“With the continued transformation of GE, we are focused on power generation businesses that have attractive economics and a growth trajectory,” said Ge’s senior vice president and CEO of GE Power Russell Stokes. “As we pursue this exit from the new build coal power market, we will continue to support our customers, helping them to keep their existing plants running in a cost-effective and efficient way with best-in-class

Read More

Founder of electric truck start-up Nikola steps down after being accused of ‘ocean of lies’

Trevor Milton, the founder and executive chairman of Nikola, has resigned amid allegations he misled investors about the prospects of the automotive company, which is developing a line-up of hydrogen- and battery-powered trucks.

The Phoenix-based startup, which went public this year, was called out by short-seller Hindenburg Research in a report released on Sept. 10. The bombshell report came just days after Nikola entered an alliance with General Motors, with the Detroit automaker planning to supply key components and produce the Nikola Badger pickup. Since then, the Securities and Exchange Commission and the Department of Justice have both reportedly launched investigations.

For his part, Milton said on Twitter Sunday night that he would defend himself against what he described as “false allegations.” In the meantime, he has “made the difficult decision to approach the board and step aside,” according to a statement issued by Nikola.

“Nikola is truly in my

Read More

How to manage your privacy and other settings in Microsoft Teams

You can review and tweak key options in Teams from the Settings screen. Here are the steps.

microsoft-teams.jpg

Image: Microsoft

Microsoft Teams offers a variety of settings through which you can configure your privacy, notifications, permissions, and other options. You can enable different themes, set the app to automatically start, turn on read receipts, set up notifications for different events, test your video and audio, configure your voicemail, and do much more. Let’s take a tour of the settings in Teams to see what you can do and how.

SEE: Video teleconferencing do’s and don’ts (free PDF) (TechRepublic) 

Open the Microsoft Teams app on your computer. From any screen, click your member logo at the top and then select Settings.

The General section of Microsoft Teams

In the General section, you can first choose your preferred theme among Default, Dark, or High Contrast.

Next, check the box to “Auto-start application,” if

Read More

HUF founder Keith Hufnagel dies at 46, Internet mourns the loss of an ‘inspiration in the world of skating’

The founder of the renowned skate brand HUF Worldwide, Keith Hufnagel passed away at the age of 46 earlier this week, according to TMZ. The influential skateboarder was reportedly battling brain cancer for over two and a half years.

The news regarding his passing was announced by USA Skateboarding Association on their official Twitter handle on September 24. The tweet stated, “We are devastated to hear that Keith Hufnagel has passed away. His impact on skateboarding, both on his board and off it as a designer, brand owner/founder and friend will live forever. Rest in peace, Keith  #keithhufnagel #huf”



 

 

Hufnagel was born in

Read More

Back to school gadgets | WPRI.com

Gadget Guru Steve Greenberg is back to share some great gadgets for going back to school, whether it’s in person or virtual.

Back to School Product Info:

The Soluna Light Alarm Clock from La Crosse Technology — ensures there’s a glow for every day and every mood with a variety of light settings. Choose to illuminate your room with your favorite color or pick one of the vibrant color gradients. If you find it’s hard to choose you can set the clock to cycle through all the color options. This slim profile alarm clock offers all the features of a traditional alarm clock, but also with the added settings you can use Comfort Mode to achieve an ideal sleeping environment, if you are looking to unwind and relax use the Guided Breathing Mode or the Morning and Evening Modes to stimulate the rise and fall of the sun to help

Read More