Unexpectedly high carbon emissions from warming soil highlight the benefits of land restoration.

Gear up: This year’s CES technology conference in Las Vegas was overrun with self-driving cars and EVs.

Mobilized by the impact of Hurricane Sandy, the Air Force joined a startup accelerator to investigate resilient renewable energy solutions.

Could this be the holy-grail application for distributed grid resources?


Bloomberg

BAT Agrees to Pay $49.4 Billion to Buy Out Reynolds American
Bloomberg
British American Tobacco Plc raised the cash portion of its bid for full control of Reynolds American Inc., offering about $49.4 billion in a deal that would create the world's largest publicly traded tobacco company and unify brands such as Lucky
BAT Reaches Agreement to Buy Reynolds for $49.8 BillionTheStreet.com
BAT to pay $49 bln for full control of ReynoldsMarketWatch
British American Tobacco takes control of Reynolds for $49bnBBC News
Reuters –Wall Street Journal –Nasdaq –Financial Times
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The Fiscal Times

Hyundai highlights US spending plan before Trump inaugurated
Washington Post
SEOUL, South Korea — Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S. factory, in an unusual disclosure of its mid-term investment plan in
Hyundai-Kia Plan $3.1 Billion U.S. Investment, Mull New PlantBloomberg
Hyundai to invest $3.1 billion in US plantsMarketWatch
Hyundai Motor says "may consider" expanding US factory, but only if necessaryYonhap News
BusinessKorea
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ZDNet

​Baidu appoints former Microsoft, Yahoo executive as group president and COO
ZDNet
Baidu has announced the appointment of Dr Qi Lu as its group president and chief operating officer, who will be responsible for the organisation's products, technology, sales, marketing, and operations, effective immediately. Lu joins the search engine
Former Microsoft executive and noted AI expert Qi Lu joins Baidu as COOTechCrunch
Baidu names former Microsoft exec as COO in artificial intelligence pushCNBC
Microsoft Veteran Will Help Run Chinese Search Giant BaiduBloomberg
VentureBeat –The Seattle Times –Investor’s Business Daily –South China Morning Post
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TheBull.com.au

Rio Tinto annual iron ore shipments rise
MarketWatch
SYDNEY–Rio Tinto PLC RIO exported more cargoes of iron ore in 2016 as it continued to ratchet up production from a recently expanded network of mines in a remote part of Australia. The Anglo-Australian company on Tuesday reported iron-ore shipments …
Rio Tinto payout hopes brighten on solid outlook for 2017Reuters
Rio Tinto hits 2016 iron ore guidanceCNBC
Rio Tinto recoups lost ground in iron ore output as price risesThe Sydney Morning Herald
The Wall Street Transcript –NEWS.com.au –ABC Online –The Australian
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Bloomberg

Billionaire Luxottica Founder Secures Legacy With Essilor Deal
Bloomberg
For years, Leonardo Del Vecchio has sought to find a successor at Luxottica Group SpA, the eyewear retailer and manufacturer he founded in 1961. The 81-year-old has seen the departure of a slew of top executives in recent years, and he has made it
Newsmaker – Luxottica's merger helps Del Vecchio manage family risksReuters
Eyewear giant to emerge from tie-up of Luxottica, EssilorTribune-Review
Luxottica, Owner of Ray-Ban, in $49 Billion Merger With EssilorNew York Times
Business Insider –wtvr.com –SFGate –International Business Times UK
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Los Angeles Times

American Apparel starts mass layoffs as company winds down operations
Los Angeles Times
American Apparel was once a fashion industry trailblazer with its colorful basics, provocative marketing and commitment to U.S. manufacturing. But after years of financial strife and corporate intrigue, the company began laying off 2,400 workers in
Bankrupt Retailer American Apparel Begins Laying Off Thousands of WorkersFortune
Bankrupt US retailer American Apparel starts layoffsReuters
American Apparel to close all of its storesSanta Rosa Press Democrat
Huffington Post –L.A. Weekly –AOL News –PerezHilton.com
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