The global fleet of electric buses is already helping cities avoiding the purchase of 279,000 barrels of oil per day, according to Bloomberg New Energy Finance (BNEF). Diesel buses consume an extraordinary amount of fuel compared to a passenger vehicle. Bloomberg noted that “For every 1,000 battery-powered buses on the road, about 500 barrels a day of […]

Amazon.com Inc (AMZN.O) is cutting hundreds of jobs in its consumer business in Seattle, a person familiar with the matter said on Monday, as the company shifts resources into fast-growing areas like its work on voice assistant Alexa. The job cuts, rare for the world’s largest online retailer, are in the low hundreds, the person […]