Automotive

Ford, GM profits fall as sales drop due to chip shortage

The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.

Energy & Green Tech

Drought squeezes Brazil's electricity supply

Brazil's worst drought in almost a century is threatening electricity supply and critical crops, pushing up energy and food prices at a time the country was hoping to start recovering from the economic fallout of the coronavirus ...

Energy & Green Tech

To cool tomorrow's buildings, power sector must grow

Temperatures are rising. Eight of the warmest 10 recorded years of globally averaged temperature have occurred after 1998. Coupled with that increase is a growing demand for electricity to cool buildings. A new study published ...

Energy & Green Tech

Report: World demand for gasoline may never recover

The world's once-insatiable demand for gasoline is unlikely to recover to pre-pandemic levels, according to a report Wednesday from the International Energy Agency.

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