- Walmart Inc (NYSE:WMT) has debuted its first North American and the first of five 15-liter compressed natural gas engines that will be incorporated into its private fleet.
- The X15N engine is supplied by Cummins Inc (NYSE:CMI) and fueled by Chevron Corporation (NYSE:CVX) with compressed natural gas (CNG) linked to renewable natural gas.
- The Walmart truck will make its inaugural trip from Indiana to California, making pit stops to refuel at Chevron stations.
- Also Read: WHP Global & Express Make The First Joint Acquisition – Menswear Brand Bonobos From Walmart
- Last year, Walmart revealed several initiatives toward its goal of achieving zero emissions across global operations by 2040.
- The introduction of the CNG-powered truck is considered to be an important milestone in the retailer’s journey.
- Also Read: Walmart Closes Four Chicago Stores As Losses Run In Millions
- Price Action: WMT shares are trading higher by 0.28% at $149.95 on the last check Tuesday.
Jazz Pharmaceuticals Enters Definitive Agreement with Redx Pharma to Acquire Global Rights to KRAS Inhibitor Program for $10M Upfront Payment and upto $870M Earnout
Jazz Pharmaceuticals plc (NASDAQ:JAZZ) and Redx Pharma plc (AIM: REDX) today announced that the companies have signed a definitive agreement under which Jazz will acquire Redx's KRAS (Kirsten rat sarcoma virus)
