TechCrunch

GoPro will cut 270 more jobs
TechCrunch
More tough news for GoPro as it pre-announced its first-quarter earnings earlier today. While the company announced that revenue for the first part of 2017 will hit toward the high end of guidance, the positivity was tempered by its plans to cut 270
GoPro Camera Maker Cuts Jobs Again in Search of ProfitBloomberg
GoPro expects 1st-qtr revenue at top end of its forecastNasdaq
GoPro to lay off 270 workers in an effort to cut costsLos Angeles Times
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MarketWatch

Fed rate hikes + low growth = recession, says stock-market strategist
MarketWatch
The Federal Reserve on Wednesday lifted benchmark interest rates for only the third time in about a decade, and that has caused trepidation among some market participants. Lance Roberts, chief investment strategist at Clarity Financial, makes the case
The Lone Dissenter From the Fed's Rate Move Is Worried About InequalityBloomberg
Fed raises rates amid signs of strengthening economyWashington Post
Fed Raises Interest Rates for Third Time Since Financial CrisisNew York Times
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Washington Post

Trump's review of car fuel standards could lead to fight with California, environmentalists
Washington Post
President Trump opened the door Wednesday to rolling back fuel efficiency standards that were adopted during the Obama administration, a move that could lead to a legal fight with state regulators and environmental groups in the coming years. In
Trump Using Detroit as Stage for Loosening Obama's Fuel Economy RulesNew York Times
Trump defends claim that Obama wiretapped his phonesPolitico
Do automakers want to gut emission standards? The answer's not clearLos Angeles Times
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Bloomberg

Chinese Name-And-Shame TV Pares $265 Million Off Japanese Shares
Bloomberg
Two of the Japanese companies criticized by a widely followed consumer-protection show on state-run television in China fell in Tokyo trading, wiping a combined 30 billion yen ($265 million) off their market value. The annual program, a “name-and-shame
Nike Faces Criticism on China's Consumer Day Show For False AdvertisingZacks.com
Nike, Muji targeted in China consumer rights exposéCampaign Asia-Pacific
Nike named and shamed on Chinese TV Show for false advertisingMarketing Interactive
Shanghai Daily (subscription) –StreetInsider.com
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New York Times

Monsanto Weed Killer Roundup Faces New Doubts on Safety in Unsealed Documents
New York Times
A scanning machine illuminating a bottle of Roundup, a weed killer, as it moved along a production line at a facility in Antwerp, Belgium, owned by Monsanto. Credit Jasper Juinen/Bloomberg. The reputation of Roundup, whose active ingredient is the
Emails Reveal Monsanto's Tactics To Defend Glyphosate Against Cancer FearsNPR
Opinion: Court ruling on Roundup weed killer is a life saverThe Mercury News
Plaintiffs in US lawsuit say Monsanto ghostwrote Roundup studiesReuters
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Washington Post

Trump paid $38 million in taxes in 2005, the White House says
Washington Post
President Trump paid $38 million in federal taxes in 2005 on income of $153 million and reported a $105 million write-down in business losses, according to a copy of his tax return first revealed Tuesday night. Trump paid an effective tax rate of 24
DCREPORT EXCLUSIVE: Trump Earned $153 Million in 2005; He Paid $36.6 Million in Taxes – DCReportDCReport

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Trump reverses Obama's rushed decision on strict new auto rules
Washington Examiner
President Trump on Wednesday will reverse the Environmental Protection Agency's rushed decision to move forward with strict new fuel economy rules for cars and light trucks, despite short-circuiting the review process and ignoring data the agency didn

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Statoil releases a “climate roadmap” as Shell warns that public faith in fossil fuel industry is disappearing.

We so take the electricity infrastructure for granted that we fail to recognize it as a potent public policy tool for economic revitalization. Of all large infrastructures in the United States, nothing is more poised for transformative change, with a host of long- and short-term benefits, as today’s electricity delivery system — not roads, not information technology, not oil, coal and natural gas, not entertainment, not retail, not housing construction, not healthcare.

How companies such as Levi’s, Apple and Dow are engaging in the pursuit of new materials and industrial ingredients.