Upstart

The inaugural flight of an Avelo Airlines Boeing 737-800 takes off from Hollywood Burbank Airport to Charles M. Schulz-Sonoma County Airport in Santa Rosa on April 28, 2021.Patrick T. Fallon | AFP | Getty ImagesIn the nearly four years since the Covid-19 pandemic upended air travel, the largest U.S. airlines have returned to profitability. The CEOs of two upstart airlines that launched in the middle of the pandemic say they're about to join them.Avelo and Breeze Airways, two low-cost carriers that debuted in 2021 when…

After more than a decade of producing and financing movies and shows, Skydance Media’s David Ellison eyes Paramount. After more than a decade of producing and financing movies and shows, Skydance Media’s David Ellison eyes Paramount. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

The completed wind tunnel tests are seen as key for certification by regulators, as well as future production and sales to buyers worldwide.A flying car is one step closer to airborne reality following successful wind tunnel testing for the futuristic vehicle being developed by Brazilian electric plane maker Eve Holding Inc, the firm announced on Monday.Eve, controlled by aircraft manufacturer Embraer, said it expects to start commercial operations of its fully electric…

“Everything Everywhere All At Once,” the universe-hopping film that celebrates diversity, family and humanity, has taken over Hollywood’s awards season. The A24 film with a majority-Asian cast took home the top honors at the 29th annual Screen Actors Guild awards, including best motion picture ensemble performance. This year’s SAG Awards — which often predict winners at the Academy Awards, happening this year on March 12 — were held Sunday in Los Angeles and live-streamed online for the first time. The latest award-season…

Russia has managed to keep its oil moving to world markets, defying fears that sanctions imposed last month would lead to a plunge in exports.A small office in a suburb of Mumbai helps explain how Russian crude continues to flow. The address is home to an Indian shipping company that didn’t manage a single ship until 2022. It took control of two dozen tankers after the Russian military invasion of Ukraine and has put them to work shuttling Russian crude along newly established trade routes to the Mediterranean, Turkey and…

U.S. companies have a new tool to shield their facilities against climate-fueled floods: a swanky insurance product that measures the depth of flood water on specific properties — and pays out claims within hours. U.K.-based insurance startup FloodFlash Ltd. entered the U.S. market this year with the goal of providing flood insurance to companies who have struggled to find coverage amid intensifying extreme weather events. The company will offer parametric insurance policies that they say is more accurate and flexible…

A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021.Costfoto | Future Publishing | Getty ImagesBEIJING — Another budget-priced electric car brand is taking off in China, this time selling compact SUVs.Nezha, named after a feisty Chinese mythological character, claims its car deliveries more than doubled in 2022 to surpass 152,000 vehicles. Most deliveries were of the Nezha V, a compact SUV whose post-subsidy price starts at 83,900 yuan ($12,000).related investing…

Microsoft Corp.’s $1 billion climate innovation fund is betting on a battery startup valued at more than $3 billion that is trying to dramatically improve power and charging time of electric vehicles. Group14 Technologies is getting $214 million from investors—just a slice of billions in private and government cash going to make better batteries, which are essential for EVs and renewable energy, company officials said. Other investors include Oman’s sovereign-wealth fund and a climate fund backed by…

United Airlines ordered 200 Eve Evtol aircraft.Source: United AirlinesUnited Airlines is pouring more money into the future of electric air taxis, which the carrier says could help reduce carbon emissions once the aircraft come to market and replace car trips.The carrier said Thursday that it agreed to buy 200 electric air taxis from Eve Air Mobility, an Embraer-backed startup, and that it has options to purchase 200 more. Chicago-based United is also investing $15 million in Eve, which listed on the New York Stock…

Chinese chipmaker Yangtze Memory Technologies Co., Ltd. (YMTC) announced new memory chip technology that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies. The company unveiled its fourth-generation 3D NAND chip, the X3-9070, which is the first to feature 232 layers of memory cells. That places it close to rival Micron, which last month said it aimed to start mass production of its 232-layer chip by the end of the year. South Korea's SK…