Walgreens is betting that a strategic review of its businesses can win back investors’ confidence as shares capped off their worst month in more than 5 years. The review is 'the big question of what they want to be when they grow up.' More:
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US independent oil refiners including Marathon Petroleum, Phillips 66 and Valero Energy are set to report their weakest quarterly profits in two years starting this week.
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US oil refiners that have been among this year’s strongest performers in the S&P 500 Index are headed for a reckoning with a darkening supply-and-demand outlook. bloomberg.com/news/articles/… by Tope Alake via Bloomberg Markets

The production of responsibly sourced natural gas — a niche idea only a few years ago — is growing rapidly in the US as global buyers increasingly scrutinize the top-to-bottom emissions of the fuels they burn. bloomberg.com/news/articles/… Tope Alake #BNEFSummit Bloomberg Green

Global oil demand won’t peak before 2030 because of underwhelming fuel economy standards and slowing adoption of electric vehicles in the US, Enverus says.
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Want to use NYC's curbside #EV chargers? Tough. Though they're popular (av utilization rate 72% in 2024), cheap ($2.50/hr & less overnight) and almost always working (99.9% of time), they're also blocked a LOT by non-EV cars. Tope Alake Bloomberg Green Bloomberg CityLab bloomberg.com/news/articles/…

Curbside EV chargers in NYC are popular. They're also often blocked trib.al/xsLXvCN

Curbside EV chargers in NYC are popular. They're also often blocked trib.al/50VdYUH

Oil CEOs are expressing concern about political and regulatory 'uncertainty' in the US that won’t be settled until the November election, according to the Dallas Fed bloomberg.com/news/articles/… by Tope Alake & David Wethe via Bloomberg Markets

Oil CEOs are expressing concern about political and regulatory 'uncertainty' in the US that won’t be settled until the November election, according to the Dallas Fed bloomberg.com/news/articles/… w/Tope Alake via Bloomberg Markets

As #cocoa costs keep rising, chocolate makers are trying a new recipe: less #chocolate .

With little room left to keep passing on costs to consumers, companies are looking to treats that contain less cocoa — or none at all.

🍫🎁🔗: bloomberg.com/news/articles/… via Businessweek Bloomberg

SunPower secured more than $300 million financing commitments from Apollo and other investors, a possible sign of renewed confidence in the solar company.
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I had a great time speaking with the different EV wireless charging stakeholders for this story. Even though major progress has been made on the technology, there are few steps to go before you can power your EV wirelessly. Thanks to Kira Bindrim for editing.
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