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Branson wants to buy Honda team only if F1 goes green and cuts costs

Richard Branson would like to go racing with his Virgin brand that is known around the world. The withdrawal of Honda from Formula One at the close of 2008 provided a perfect opportunity to pick up all the pieces that are needed on the cheap. But you don't get to be as wealthy as Sir Richard by doing dumb stuff, and Branson is apparently aware of Roger Penske's warning about using racing to make small fortunes out of large ones. Therefore, before he proceeds with taking on the remnants of Honda's F1 effort, he wants to see some real change in ... Read more →

Stagecoach grows better than expected Xavier Navarro

Bus and rail company Stagecoach has reported better than expected growth since May 1st. According to the company, Stagecoach's UK bus business was up 9.3 percent, while rail revenues rose nine ...

VIDEO: GM says "millions" of fuel cell vehicles possible in the next decade Lascelles Linton

"Reports of my death" the fuel cell might say "have been greatly exaggerated." Market Watch spoke with Larry Burns (see video below the fold), VP Research & Development & Strategic Planning ...

Virgin Atlantic completes first airline biofuel flight from London to Amsterdam Sebastian Blanco

Using an unmodified Boeing 747, pilots for Richard Branson's Virgin Atlantic have successfully flown from London's Heathrow airport to Amsterdam using a biofuel made of a mix of coconut and babassu ...

Neiman Marcus tries on some green for the holidays: Christmas Book offers Twike Derrick Y. Noh

Neiman Marcus has finally released its famed 2006 Christmas Book of exotic holiday gifts. Not many holiday catalogs offer as wide a range as NM. You can spend $24 on a tin of NM Exclusive Candied ...

Virgin Group pledges $3 billion to fight global warming at CGI 3 years ago on Autoblog Green

MSNBC reports that today in New York at the Clinton Global Initiative, a conference focused on the world's economic, health and energy issues, Richard Branson pledged to commit all the profits from his transportation businesses over 10 years, estimated at about $3 billion, to fight global warming. ...

Soon at a pump near you: Virgin Fuels 3 years ago on Autoblog Green

Richard Branson, the founder of the Virgin Group, is worried about global warming, since his business interests cover six continents and deal with transportation through the air and on land. But Branson, being the prolific entrepreneur he is, does not see disaster; he sees opportunity to reinvent ...


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