Dyson says it will spend $2.7 billion developing an electric car

Enlarge / James Dyson at the “James Dyson Award 2007” ceremony in Berlin. (Photo by Franziska Krug/Getty Images) (credit: Franziska Krug | Getty Images) To most people, the name Dyson conjures up images of vacuum cleaners and those powerful air dryers in public restrooms. Soon, you might be able to add “electric cars” to that […]

Tesla lost $401 million from revenues of $2.7 billion in Q2 2017

Enlarge / The Tesla Model 3. (credit: Tesla) On Wednesday afternoon, Tesla released its Q2 2017 financial results: a loss of $ 401 million from total revenues of $ 2.7 billion over the three months up until June 30th. That’s more or less the same performance as the company reported for Q1 2017, but it does […]

A $2.7 trillion money manager is preaching sustainable investing to its 7,000 financial advisors

Stephen Freedman One of the largest financial firms in the world is positioning itself to be the greenest bank on Wall Street. UBS, which manages over 2.7 trillion Swiss francs ($ 2.7 trillion) has made sustainability the cornerstone of its business. As such, the bank has taken a number of steps to be the go-to firm […]