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California Gov. Gavin Newsom signs law requiring big businesses to disclose emissions

California will soon require big businesses to report a wide range of greenhouse gas emissions SACRAMENTO, Calif. -- Large Business es in California will have to disclose a wide range of planet-warming emissions under a new law Gov. Gavin Newsom signed Saturday — the most sweeping mandate of its kind in the nation. The law requires more than 5,300 companies that operate in California and make more than $1 billion in annual revenues to report both their direct and indirect emissions. That includes things like emissions from operating a building or store as well as those from activities like employee business travel and transporting their products. The law will bring more transparency to the public about how big businesses contribute to climate change, and it could nudge them to evaluate how they can reduce their emissions, advocates say. They argue many businesses already disclose some of their emissions to the state. But the California Chamber of Commerce, agricultural groups and oil...

Parenting advice YouTuber Ruby Franke and business partner to remain jailed on child abuse charges

A Utah mother of six who gave parenting advice on YouTube made her initial court appearance on charges that she and the owner of a relationship counseling business abused and starved her children A Utah mother of six who gave parenting advice via a once-popular YouTube channel called “8 Passengers” made her initial court appearance Friday on charges that she and the owner of a relationship counseling business abused and starved her two young children. The proceedings were delayed by about 45 minutes due to technical difficulties after more than 1,300 people sought to log in to watch the virtual hearing, said Tania Mashburn, spokesperson for the Utah State Courts. Ruby Franke, 41, and Jodi Hildebrandt, 54, were charged with six felony counts of aggravated child abuse after their arrests on Aug. 30 at Hildebrandt's house in the southern Utah city of Ivins. Both appeared before Judge Eric Gentry via video from jail wearing orange striped uniforms and spoke little. Their attorneys waiv...

Troubled Toshiba announces buyout offer led by Japan businesses

Toshiba has announced a 2 trillion yen, or $14 billion, tender offer in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around TOKYO -- Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private, as the Scandal -tarnished Japanese electronics and energy giant seeks to turn itself around. The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at 4,620 yen ($32) a share. Chairperson Akihiro Watanabe asked shareholders to back the proposal, saying it is the only option for Toshiba Corp. to return to its former strength. “This move for Toshiba is great not only for Japan but also for the world,” he said. “I have faith in the revival of Toshiba.” Tokyo-based Toshiba also reported a 25 billion yen ($176 million) loss for the April-June quarter on 704 billion yen ($5 billion) in sales, down ...

Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business

Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter. But the company lost 4 million streaming subscribers to its Disney+ service and its shares fell 4.5% in after-hours trading. The entertainment giant, which is in the midst of a “ strategic reorganization,” has been working on trimming about 7,000 jobs as part of a targeted $5.5 billion cost savings across the company. Bob Iger, who returned in November to take over the CEO post from Bob Chapek, has been working over the past six months to turn around Disney's streaming business while simultaneously making sure that the financial might coming from its theme parks doesn't waver. He's also had to contend with trying to protect Disney World’s theme park distr...