One City Canned Natural Gas for New Home and Business Builds—and It Won’t Be the Last

The fight to kick natural gas out of homes and businesses is intensifying. In a vote late Tuesday, Berkeley—the city near San Francisco long known for its progressive politics—banned the use of the heating fuel in most new buildings. Environmentalists are hailing it as the first city to enact such a prohibition, opening up a new front […]

Netflix Stock Plunges 12% After Reporting Slowdown in Subscription Growth

Netflix’s video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as the company boosts its prices and girds for even stiffer competition. The service picked up 2.7 million worldwide subscribers for the April-June period. That’s far below Netflix’s forecast of 5 million subscribers. The second-quarter letdown […]

Why an EU Investigation Into Amazon Could Change the Way the E-tailer Works

While the U.S. Congress talks about reining in big tech companies, Europe is taking action. The European Union said Wednesday it is investigating whether Amazon uses data from independent retailers to gain an unfair advantage, a decision that could lead to changes in how the internet’s biggest marketplace works. The move echoes similar antitrust actions […]

How Are You Celebrating National Ice Cream Day? Here Are Some Ideas

These are the sweltering and sticky days of summer, primed for a popular food holiday–National Ice Cream Day–which falls on Sunday, creating the chance for a weekend of sundaes, cones, milk shakes, parfaits, or other celebratory concoctions. Perhaps you’re a traditionalist, preferring ice cream of sublime butterfat, or consider non-dairy alternatives equally satisfying in frozen […]

China’s Goal? To Become the World’s Dominant Superpower, FBI Boss Warns

Beware China’s ambition. Amy Hess, boss of the Federal Bureau of Investigation’s cyber division, warned a room of business executives about the various threats China poses to American interests on stage at Fortune’s Brainstorm Tech conference in Aspen, Colo., on Wednesday. Her team is responsible for pursuing criminals and nation state actors who are targeting—and […]

AB InBev CEO Is Thirsty For Deals: “We’re Always Looking For Opportunities, Always”

Carlos Brito is a builder. As CEO of Anheuser-Busch InBev (BUD) he’s built the company into a massive brewer with 500 beer brands and operations in one hundred countries. And it looks like he’s scouting around for new ways to make it even bigger. Famous for its Budweiser and Bud Light brands, the Belgium-based brewer’s […]