PepsiCo preorders 100 Tesla Semis

PepsiCo has reserved 100 of Tesla’s new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions. Fred Katayama reports.


Source: US news

The Fed expected to hike rates

The U.S. Federal Reserve is widely expected to raise benchmark interest rates by 25 basis points at the end of Federal Open Market Committee’s two-day meeting on Wednesday. Fred Katayama reports.


Source: US news

Austria gas explosion spells problems for Europe

An explosion and fire that ripped through Austria’s main gas pipeline hub on Tuesday that killed one person and injured several others, has prompted Italy to declare a state of emergency as flows from the strategic site were cut off – and is likely to cause problems across Europe. Michelle Hennessey reports


Source: US news

U.S. cautious on electric buses

Transit agencies are skeptical about battery electric buses, saying they wan the technology to improve before they’ll commit to buying more of them. Nichola Groom reports.


Source: US news

Investors key as climate summit seeks new direction

More than 200 institutional investors with $26 trillion in assets under management said on Tuesday they would step up pressure on the world’s biggest corporate greenhouse gas emitters to combat climate change. As David Pollard reports, two years to the day since the Paris Climate Accord, it’s one way in which campaigners for action on climate change are seeking a new direction at a summit in the French capital.


Source: US news