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Disclose your Scope 3 emissions, you cowards

If you want the inside scoop on which companies are serious about addressing their carbon emissions and which aren’t, take a look at the public comments submitted to the U.S. Securities and Exchange Commission regarding its proposed climate rule. You can tell if a company is serious by its stance on so-called Scope 3 emissions. Depending on the business, Scope 3 emissions might make up a significant majority of a company’s carbon footprint. Such emissions can result from activities and assets a company doesn’t own or control, like leased office space, business travel or end-of-life processing of their products. They also might occur when customers use their products, like when someone drives their gas-powered SUV. In short, if your company is serious about doing something about climate change, it should probably be estimating its Scope 3 emissions. If it’s making noise about being sustainable, at the very least it probably shouldn’t undermine attempts to make Scope 3 disclosures stan...

Bernie Sanders urges the Biden administration to fine airlines $27,500 fine per passenger for worsening flight delays

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Sen. Bernie Sanders, an independent from Vermont, leaves the White House last July. Susan Walsh/AP Sanders wants airline companies to hold up their end of the bargain or face steep fines. He urged big financial penalties on airlines with persistent flight delays over two hours. Other Democrats are growing concerned about a summer travel meltdown. Many travelers in the US are growing frustrated with worsening flight delays in recent weeks. That's prompting Sen. Bernie Sanders of Vermont to try and ensure major airliners hold up their end of the bargain going into the busy summer travel season — or face steep fines if they leave passengers and employees stranded on the tarmac. "Taxpayers bailed out the airline industry during their time of need," Sanders said in a letter sent Wednesday to Transportation Secretary Pete Buttigieg. "Now, it is the responsibility of the airline industry and the Department of Transportation to ensure, to the maximum extent possib...

Disney extends CEO Bob Chapek’s contract for three more years despite difficult tenure

Disney’s board unanimously voted to extend CEO Bob Chapek’s contract for three more years, the company announced yesterday. His current deal was set to expire in February 2023. Despite a chaotic tenure that began at the height of COVID, the new three-year agreement will begin Friday, July 1. “Disney was dealt a tough hand by the pandemic, yet with Bob at the helm, our businesses—from parks to streaming—not only weathered the storm but emerged in a position of strength. In this important time of growth and transformation, the Board is committed to keeping Disney on the successful path it is on today, and Bob’s leadership is key to achieving that goal. Bob is the right leader at the right time for The Walt Disney Company, and the Board has full confidence in him and his leadership team,” said Susan Arnold, chairman of the board, in a statement . The extension is Chapek’s chance to prove to the board, Wall Street and subscribers that he is capable of running a streaming business in thi...

Crypto exchange CoinFlex says Roger Ver - aka 'bitcoin Jesus' - is behind the underwater account that forced it to halt customer withdrawals

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Roger Ver South China Morning Post / /Getty Images CoinFlex revealed that the investor running a $47 million debt with the exchange is Roger Ver. Ver, aka 'bitcoin Jesus," denied rumors of his debt on social media, saying that CoinFlex actually owed him money. CoinFlex CEO Mark Lamb later revealed Ver's identity as the account holder in a public tweet. CoinFlex said that the high-profile investor running a negative balance with the crypto exchange is Roger Ver, a long-time bitcoin evangelist. Ver, who is also known  as "bitcoin Jesus," has denied owing anything to the exchange, implying in a tweet yesterday that CoinFlex actually owes him money. Coinflex halted customer withdrawals due to liquidity issues stemming from a large account that was running a negative balance.  "Recently some rumors have been spreading that I have defaulted on some debt to a counter-party," Ver wrote , shortly after CoinFlex announced it would issue recovery tokens...

Trump threw dishes and flipped tablecloths 'several times' in the White House, ex-aide Cassidy Hutchinson testifies

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Cassidy Hutchinson, former aide to ex-White House chief of staff Mark Meadows. Jacquelyn Martin/AP Trump threw dishes and flipped tablecloths multiple times in the White House, an ex-aide testified. Cassidy Hutchinson made the claims during testimony before the January 6 panel on Tuesday. "I grabbed a towel and started wiping the ketchup off the wall to help the valet out," she described one incident. President Donald Trump repeatedly threw dishes and flipped tablecloths in the White House dining room at times when he became angry, according to testimony by a former aide to ex-White House chief of staff Mark Meadows. Cassidy Hutchinson spoke about Trump's conduct during a Tuesday hearing held by the House select committee investigating the January 6 Capitol attack. Hutchinson had closely observed the final days of the Trump White House, including the effort by the former president to overturn the 2020 election results. "There were several times throughout ...

OK, whose rocket just hit the moon?

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You know you’re living in the space age when a rocket hits the moon, and the industry as a whole points to the sky and, like an angry teacher holding up a paper airplane, asks “Who launched this?!” Truly, that is what occurred this week as an unidentified rocket stage (!) impacted the lunar surface, forming a new and interesting crater and leaving us all wondering how it’s possible not to know what happened. The short version of this story is that skywatchers led by Bill Gray had been tracking an object for months that, based on their calculations, would soon impact the moon. It was obviously a piece of rocket trash (rockets produce a ton of trash), but no one stepped up to say “yes, that’s ours, sorry about that.” Based on their observations and discussions, these amateur (though by no means lacking in expertise) object trackers determined that it was most likely a SpaceX launch from 2015. But SpaceX didn’t cop to it, and after a while Gray and others, including NASA, decided it w...

See more coverage of the January 6 Capitol riot and House hearings

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Follow along with our live coverage of the House's January 6 hearings , see the schedule to watch them all , learn who has testified , and read the full transcripts here . The House committee says it has evidence that former President Donald Trump broke three federal laws trying to overturn the 2020 election he lost. Trump lunged at his driver and tried to grab the steering wheel as he demanded to be taken to the Capitol on January 6, an ex-White House aide testified. More than 30 people who lived through the January 6 insurrection describe what it was like in all its heart-pounding detail, and  video footage shows what it was like  in the middle of the pro-Trump mob. This searchable table shows everyone who's been charged in the Capitol riot so far, and this table shows who's pleaded guilty . Read the original article on Business Insider from Business Insider https://ift.tt/S9q1NcQ via IFTTT