Each year about 90% of world trade is transported by ship, according to the World Economic Forum. While commodities like oil and grain make up 40% of that cargo, large steel containers, filled with appliances, smartphones, and couches, make up the remainder. With its fleet of over 670 vessels, Maersk, one of the world’s largest … Read more
As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects “physical risks” will be the biggest economic cost over the next 10 to 20 years. These are damages caused by natural disasters, which are now occurring at … Read more
Daniil Medvedev from Russia answers questions from the media, including about Paris Olympics, during a press conference during the BNP Paribas Open at the Indian Wells Tennis Garden. –Jayne Kamin-Oncea-USA TODAY Sports INDIAN WELLS, California– World number four Daniil Medvedev said he was excited about competing at the Paris Olympics and will follow the rules … Read more
Japan recently became the fifth nation to successfully complete a soft landing on the moon’s surface, joining a select few countries — the U.S., Russia, China and India — in accomplishing this feat. But moon landings are likely to become more common over the next few years. Globally, more than 100 lunar missions, both by … Read more
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Hyundai is going all in on the most abundant element in the universe in the quest to reduce planet-heating emissions. The South Korean automaker announced that hydrogen will “play a prominent role” in the company’s efforts to go carbon neutral by 2050. “Clean hydrogen should be for everyone, powering everything, and available everywhere,” Jay Chang, … Read more
The Collected Works of Neutral Milk Hotel is nominated for Best Boxed or Special Limited Edition Package at the 2024 Grammy Awards. The officially recognized nominees are the collections’ art directors: Daniel Murphy, Mark Ohe, and Neutral Milk Hotel bandleader Jeff Mangum. It’s the first time that Mangum has ever been nominated for a Grammy … Read more
An intensifying bond rout is piling pressure on the global economy and creating a “tremendously dangerous” outlook for equities, the chief investment officer of Livermore Partners hedge fund said Friday. A new era of higher interest rates has caused bond yields to surge, hampering returns for investors and flipping on its head the status quo … Read more
Comment on this storyComment A bulldozer plowing through the fence separating Israel from Gaza. A young woman being carried off from an outdoor concert by Hamas militants. Rockets exploding in the night sky as Israeli missiles intercept them. An apartment building in Gaza imploding into rubble. People from 23 countries killed, missing in Israel-Hamas war: … Read more
Apple’s first “carbon neutral” products are versions of its smartwatch. Photo courtesy Apple In September, Apple announced its next-generation smartwatch models would all have a “carbon neutral” option, at the same price as the non-carbon neutral options, starting at $249. For Apple, making a product “carbon neutral” means that it changed its operations — including … Read more
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At a latest Home of Representatives subcommittee listening to on self-driving automobiles, Rep. Kat Cammack (R-FL) kicked off her 5 minutes of questions for the panelists with a fast appraisal of the toaster-shaped autonomous shuttle that has puttered round her district in Gainesville, Florida, for the previous three years. “It strikes not very quick,” Cammack … Read more