Empire Codex

Over the wall 📶

Selling back: Carl Icahn sells his remaining stake back to Xerox for $542 million.

Run for it: DoorDash, GrubHub and Uber was not able to block a New York City rule setting minimum pay of $18 an hour for food delivery workers.

Did you know: Microsoft was in talks about selling Bing to Apple around 2020.

Governing food: Egypt going for 1 million tons of Russian wheat through a government deal.

The raid: French authorities raided the offices of the chipmaker Nvidia to examine anticompetitive practices.

Lost waste: Worldwide around $15.9 billion worth of gas was wasted through flaring in 2022, according to the World Bank.

Yikes: Reportedly 30% more methane is released from global oil and gas operations than what countries estimate on paper.

Looking back: US factories installed about 40,000 robots in 2022, up 10% from the year earlier, according to the International Federation of Robotics.

Peeling the layers: Citigroup’s CEO Jane Fraser has given her top 150 managers until end of November 2023 to explain how to remove the layers of bureaucracy within the organization.

Domestic reminder: The US Energy Department plans to lend a record $1 billion to Lithium Americas Corp. in a push to build out a domestic supply of critical minerals.

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