Exxon to power oil output with wind and solar contract
ExxonMobil will buy 500 megawatts of wind and solar under a 12 year deal with Denmark's Ofsted A/S to fuel Permian Basin operations in West Texas. The contract, largest renewable power agreement by an oil company, aims to diversify energy sources as Permian production booms.
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Airbnb tests Backyard prototype homes to reimagine living spaces
Airbnb announces Backyard a prototype home project to design build and share new types of buildings. The aim is to use novel manufacturing tech and connected devices to adapt homes to flexible living arrangements amid rising global construction and housing concerns.
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Stocks retreat as trade anxiety offsets Fed caution
Stocks fell for the first time in four days as trade tensions ahead of the G20 meeting with China weighed on sentiment. Tech and banks led declines while Treasuries rose and the dollar weakened. The S&P 500 slid 0.2 percent, the Dow dipped 0.1 percent, and the Nasdaq fell 0.3 percent as traders weighed Fed policy signals and Trump Xi talks.
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