For more than twenty years to reach ..
this Tuesday, 2013 photo Vaclav Sitner, chief distiller, presents the single malt Hammer Head whisky in a distillery in Pradlo, Czech Republic. The “Hammer Head” whisky made in communist Czechoslovakia matured in oak barrels for more than twenty years to reach surprisingly good quality
before hitting the market. (AP Photo/Petr David Josek)
A Scottish scientist and entrepreneur is betting that leftovers from brewing scotch can be distilled into diesel, according to CNN.
Every liter of export-quality scotch whiskey leaves behind 2.5 kilograms of solids and 8 liters of fermented, sugar-rich pot ale — byproducts that are usually dumped in landfills or allowed to run off into waterways, CNN reported, citing data from Zero Waste Scotland.
Instead, Martin Tangney of Celtic Renewables wants to turn it — or other sugar-rich, watery waste products, like whey from dairies — into fuel.
That’s where we see ourselves as adding value, Tangney told CNN.
But scientists like Alison Smith of Oxford University have big concerns about biofuels and the
environment, particularly around deforestation or the loss of agricultural land that could otherwise grow food, CNN reported.
Nonetheless, brewing fuel from genuine waste such as that left behind by the whisky process is probably the best possible kind of biofuel, Smith said.
AT&T's ( T -0.05% ) stock price rose 4% on April 21 after the telecom giant posted its first-quarter earnings report. This marked AT&Ts first report
after its long-awaited spin-off of Warner Bros. Discovery ( WBD 4.52% ), which closed on April 8 and finally ended its messy media expansion plans.
AT&T's consolidated revenue fell 13% year over year to $38.1 billion, which missed analysts estimates by $190 million. That decline reflected its spin-offs
and divestments of DirecTV, Vrio, Xandr, and Warner Bros. Discovery (WBD) over the past year. Excluding those impacts, AT&T's stand-alone revenue rose 2.5% to $29.7 billion. Its adjusted earnings
declined 9% to $0.77 per share, but it still beat the consensus forecast by eight cents.
Those headline numbers were mixed, but the market's response suggested that investors were warming up to the newAT&T again.
Could AT&T be a dependable, income-generating value play in this challenging market
AT&Ts wireless business is growing
AT&Ts first-quarter numbers included a lot of noise from its recent spin-offs divestments. However, its core wireless business is still growing.
AT&T wireless revenue rose 5.5% year over year to 1 billion as its total number of postpaid phone subscribers grew 4% to 67.5 million.
It gained 691,000 postpaid subscribers during the quarter, which represented its highest first-quarter net adds in over a decade. Its postpaid churn of rose slightly from a year earlier, but it still declined from its postpaid churn o in the fourth quarter.
During the conference call, CEO John Stankey attributed its robust growth rates to its strong network performance, simplified offers, and improving customer experience. Stankey also said AT&T was confident that it could continue this momentum in a disciplined manner.
However, the wireless segment's operating income still fell year over year to billion. Its expenses rose billion as it shut down its 3G network, racked up higher equipment costs, and incurred higher costs related to bundling
HBO Max into its wireless plans. AT&T expects to maintain those bundles even though WBD is now a separate company, but WBD will shoulder all the costs of developing new content.
25. April 2022
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