The Economic Case For Going Green
Aug 14, 2025, 11:45PM EDT
Tom Steyer, Co-Executive Chair of Galvanize Climate Solutions, sits down with Assistant Managing Editor Steven Bertoni to discuss his bold plan to back market-based solutions to fight climate change.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
34 minutes ago
- Yahoo
Shohei Ohtani is caught in a financial controversy — again
When you buy through links on our articles, Future and its syndication partners may earn a commission. In the last year, Shohei Ohtani has become as famous for the financial scandals surrounding him as he has for his ability to slug baseballs. Now the Los Angeles Dodgers superstar is embroiled in yet another financial scandal, this time involving allegations made about a real estate deal in Hawaii. In addition, Ohtani continues to deal with blowback from a gambling fraud incident that landed his interpreter a nearly five-year prison sentence. 'Threats and baseless legal claims' The latest scandal involves two Hawaiian real estate developers who are suing Ohtani and his agent. The lawsuit claims that Ohtani's agent, Nez Balelo, got the developers "fired from a $240 million luxury housing development [the Vista at Mauna Kea] on the Big Island's coveted Hapuna Coast that they brought [Ohtani] in to endorse" and build a home in, said The Associated Press. Balelo "increasingly demanded concessions" from the developers before allegedly "demanding that their business partner, Kingsbarn Realty Capital, drop them from the deal," said the AP. Ohtani and Balelo "exploited their celebrity leverage to destabilize and ultimately dismantle" the developers' "role in the project — for no reason other than their own financial self-interest," the lawsuit claims. The pair allegedly "used threats and baseless legal claims to force a business partner to betray its contractual obligations and strip Plaintiffs of the very project they conceived and built." The lawsuit is "completely frivolous and without merit," Kingsbarn told the AP in a statement. The company added that it "takes full responsibility" for removing the developers. Ohtani himself said he was "focused on what the team is doing" when asked about the lawsuit. Another scandal for Ohtani This is the second major financial scandal for Ohtani, who is widely considered one of the best baseball players in the world. His ex-interpreter was "sentenced to 57 months in prison for stealing nearly $17 million from Ohtani," said ESPN, in a controversy that had some initially questioning Ohtani despite his denial of any knowledge. This also comes in the aftermath of Balelo being "behind Ohtani's free agent deal with the Dodgers, which is one of the most lucrative — and management-friendly — contracts in MLB history," said NBC News. At the time, the deal was "reported to be the biggest contract in baseball history, at $700 million for 10 seasons." He is also set to earn "$100 million in endorsements in 2025 alone, tops among MLB players," said The Athletic. But despite the controversy around his finances, the lawyers currently suing him have "left the door open for Ohtani to have once again been a victim of someone in his inner circle bringing him legal trouble," said SFGate. It is "uncertain at this time whether his agent's alleged contractual interference and misdeeds were even known to Mr. Ohtani at the time, or whether he may have himself been misled by Mr. Balelo — but we aim to find out," attorneys for the developers said to the outlet. The status of the deal is unclear, but Ohtani's interest in Hawaii has been longstanding; The Wall Street Journal first reported in 2024 that he was looking to build a home in the state, which is a "beautiful blend of Pacific Ocean cultures" and a "special place — a place I will soon call home," Ohtani said in a press release. The Vista at Mauna Kea's website still lists Ohtani as "our first resident."
Yahoo
40 minutes ago
- Yahoo
White House Reportedly Launches A Scorecard Rating 500+ Companies On Trump Loyalty — Who's Listed And How Ratings Are Determined
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The White House has reportedly created a rating system to evaluate the support of corporate America for President Donald Trump's 'One Big Beautiful Bill' and other policies. White House Rates 553 firms on support for Trump policies The White House has developed a scorecard evaluating 553 companies and trade associations on their support for the 'One Big Beautiful Bill' and other Trump policies. Distributed among senior staff, the ratings will serve as a reference when reviewing corporate requests, according to Axios. The rating system evaluates multiple factors, including social media activity, press releases, video testimonials, advertisements, participation in White House events, and other forms of engagement connected to the OB3. Based on these criteria, companies are classified as strong, moderate, or low supporters. Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — The system is also expected to evolve as it will include the companies' engagement with other presidential initiatives. The official responsible for the rating system stated, 'If groups/companies want to start advocating more now for the tax bill or additional administration priorities, we will take that into account in our grading.' White House Lists Major Companies as Key Supporters of Bill, Other Trump Initiatives Some of the companies that have been identified as 'good partners' by the White House include Uber (NYSE:UBER), DoorDash (NYSE:DASH), United (NASDAQ:UAL), Delta (NYSE:DAL), AT&T (NYSE:T), Cisco (NASDAQ:CSCO), Airlines for America, and the Steel Manufacturers Association. The support from these corporations has been evident in various ways. DoorDash deliverer Maliki Krieski, for instance, publicly supported the bill at a White House event. Uber celebrated the 'No Tax on Tips' provision, a part of the bill, on a blog for drivers. Cisco's CEO, Chuck Robbins, expressed his approval of the corporate tax provisions in the bill on social media. AT&T announced plans to expedite fiber infrastructure development, attributing it to the Show Growing Support For Trump's Key Economic Policies In the recent past, several CEOs have openly supported Trump's policies and initiatives, whether it's related to tariffs, manufacturing in the U.S., or the spending bill. For instance, Apple (NASDAQ:AAPL) CEO Tim Cook presented Trump with a 24-karat gold-based plaque after securing an exemption from a 100% chip tariff. Similarly, Nvidia (NASDAQ:NVDA) CEO Jensen Huang hailed Trump's efforts to re-industrialize technology manufacturing, stating that it was the right move for the nation. At the same time, OpenAI CEO Sam Altman had a change of heart on Trump. He later admitted that his perspective on the President had evolved after observing him more closely. These examples illustrate the impact of corporate support on the Trump administration's policies. Read Next: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image via Shutterstock This article White House Reportedly Launches A Scorecard Rating 500+ Companies On Trump Loyalty — Who's Listed And How Ratings Are Determined originally appeared on
Yahoo
an hour ago
- Yahoo
Why EVgo Stock Blasted 10% Higher This Week
Key Points The electric vehicle charging station company was tapped for an honor from a well-known publication. It also received high marks from an analyst tracking its fortunes. 10 stocks we like better than EVgo › Electric vehicle (EV) charging station specialist EVgo (NASDAQ: EVGO) was all go for investors over the past few days. According to data compiled by S&P Global Market Intelligence, the infrastructure builder's shares motored 10% higher during the week. That rise was powered by a magazine naming the company a top operator in its field and it being the subject of a bullish new analyst note. The news was good over the week Although Newsweek isn't quite the influential, must-read publication it was in years past, it still carries some weight in the media world (and for investors). On Thursday, the publication announced that EVgo is on the list of its "America's Greatest Companies 2025." Newsweek rates the 650-strong list's inductees on a scale of one to five stars. EVgo received nearly the maximum, with 4.5 stars. The magazine quoted its editor-in-chief, Jennifer Cunningham, as saying the included enterprises are "operating at the highest caliber when it comes to business performance." This only enhanced the bullish analyst note published the day before by Stifel analyst Stephen Gengaro. In the update, Gengaro reiterated his buy recommendation and accompanying $8 per share price target on EVgo stock. Electric quarterly results It isn't too hard to be optimistic about EVgo's future these days, following its release last week of second-quarter results. Although the company didn't book a headline net profit, its bottom-line performance slightly exceeded expectations, while it beat convincingly on revenue. And although sales growth of EVs has slowed lately, they are still a go-to solution for car owners wishing to drive greener vehicles. Should you invest $1,000 in EVgo right now? Before you buy stock in EVgo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and EVgo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why EVgo Stock Blasted 10% Higher This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
