In America, the victory of environmental regulation seems to be a foregone conclusion for many of the nation's largest companies. Companies like ExxonMobil and Wal-Mart, which have typically had very strong ties to Republicans, are among those incorporating an internal form of a carbon tax into their long-term financial plans.
After disappointing Wall Street with a fourth quarter earnings miss today, Electronic Arts guided analysts’ estimates much lower for first quarter revenues and losses. The company is going through a difficult transition as it searches for a new CEO, cuts jobs and expenses, and watches console sales continue to suffer in favor of mobile and online games.
In Walt Disney’s 1940 animated film “Pinocchio,” woodcarver Geppetto dreams that his wooden marionette will turn into a real boy.