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Exclusive: Fusion reactor promises limitless energy

Fusion energy has long been hailed as the holy grail because of its potential for limitless amounts of clean energy. But that promise has trailed reality for decades, with billions of dollars in research leading to few breakthroughs. Now there’s optimism that is about to change, partly because of new startups funded by the likes of Sam Altman, Jeff Bezos, and Bill Gates. Yahoo Finance went inside the country’s largest magnetic fusion facility for an exclusive look, to explore the challenges of bringing this technology to commercial use for the latest episode of NEXT. “The race is on to actually see who can develop this and who can get it to the masses the fastest,” said David Callaway, former editor-in-chief of USA Today and founder of Callaway Climate Insights, a news and information service focused on the business of climate change. The industry has now attracted more than $6 billion in funding to date, according to data from the Fusion Industry Association, with more than 40 startups aiming to become the first to commercialize nuclear fusion energy. The US government has set aside a record $1.48 billion for fusion research in the 2024 budget alone. Fusion energy has been considered a game-changer largely because of how the power source is generated. Unlike nuclear fission, which occurs when a neutron slams into a larger atom, splitting it into two, fusion occurs by taking two atoms and smashing them together to create a heavier atom. The process of fusion is equivalent to the process that powers the sun and other stars. Even more attractive to researchers, fusion doesn’t produce nuclear waste that can be weaponized. Despite the excitement around its potential, technological breakthroughs have largely been limited to government research labs – until now. In 2022 researchers at California-based Lawrence Livermore National Laboratory achieved ignition, generating more energy than the amount of energy it took to create the fusion reaction. But that gain lasted less than one-billionth of a second. Researchers are now looking to extend that reaction, a critical move in the next step towards re-creating the energy of a star that could provide unlimited clean energy for all. For more on our NEXT series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.


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GM's Mary Barra on leading through crisis

General Motors (GM) Chair & CEO Mary Barra has overcome a host of issues over her 10 years as leader of the 100-year-old plus company. At the time Barra took over as CEO, General Motors was still emerging from its 2009 bankruptcy and reeling from an ignition switch recall that led to over one hundred fatalities. Barra was tasked with completely overhauling GM's siloed culture and changing how the public viewed the company’s cars, as well as regaining their trust. "A crisis is the time you really demonstrate to the entire team that you're going to live your values," Barra told Yahoo Finance Executive Editor Brian Sozzi in a recent exclusive sit-down interview -- as well as a spin in the newly designed E-Ray Corvette on GM’s technical campus in Michigan. Barra shares with Yahoo Finance how she has led GM through crises, as she did when she took over the helm, as well as how she intends to make good on her bets to become the leader of electric and autonomous vehicles despite stiff competition from Tesla (TLSA) and skepticism from shareholders. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's Note: This article was written by Brian Vitagliano


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GM's Mary Barra on winning over shareholders

General Motors (GM) Chair & CEO Mary Barra has overcome a host of issues over her 10 years as leader of the 100-year-old plus automaker. At the time Barra took over as CEO, GM was still emerging from its 2009 bankruptcy and reeling from an ignition switch recall that led to over one hundred fatalities. Barra was tasked with completely changing GM's siloed culture and changing how the public viewed the company’s cars, as well as regaining their trust, which she eventually did. Now, contrary to other automakers who are scaling back their immediate plans to convert their car and truck lineups to all-electric in response to slowing consumer demand, she is at it again, this time with GM shareholders. Yahoo Finance’s Executive Editor Brian Sozzi got the rare opportunity to sit shotgun with Barra in the newly designed E-Ray Corvette on GM’s technical campus in Michigan to hear what Barra believes are the most important things the company needs to focus on to win over investors. As well as how she intends to make good on her bets to become the leader of electric and autonomous vehicles despite stiff competition from Tesla (TLSA) and skepticism from shareholders. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's Note: This article was written by Brian Vitagliano


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GM's Mary Barra is going all in on EVs

Contrary to other automakers, who in response to slowing consumer demand are scaling back plans to convert their car and truck lineups to all-electric, General Motors (GM) Chair & CEO Mary Barra is still all in on EVs. "We will be selling more EVs in this country than anyone else, including Tesla," Barra told Yahoo Finance Executive Editor Brian Sozzi in an exclusive interview at GM's technical campus in Michigan.It's a fitting stance for a leader who has overcome a host of issues over her 10 years at the helm of 100-year-old plus GM - by taking a different approach and applying a different vision than others before her. At the time Barra took over as CEO, General Motors was still emerging from its 2009 bankruptcy and reeling from an ignition switch recall that led to over one hundred fatalities. Barra was tasked with completely changing GM's siloed culture and simultaneously changing how the public viewed the company’s cars, as well as regaining their trust. And now she's looking to take GM into a future that she believes includes cars and trucks that run on batteries. Yahoo Finance got the rare opportunity to sit shotgun with Barra in the newly designed E-Ray Corvette to hear how the change-maker CEO intends to make good on her bets to become the leader of electric and autonomous vehicles, despite stiff competition from Tesla (TLSA) and skepticism from shareholders. Lead This Way is an interview series that features frank conversations with today’s leaders. The series gives consumers and investors an inside look into the innovative thinking and diverse life experiences of some of the biggest players in business to find out how they lead through change, and how they define success for themselves and their organizations. For more on our Lead This Way series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday. Editor's Note: This article was written by Brian Vitagliano


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