After water levels at a California dam fell to historic lows this summer, the main hydropower plant it feeds was shut down. At the Hoover Dam in Nevada — one…
more ...Turkish Fires Endanger World Pine Honey Supplies
Beekeepers Mustafa Alti and his son Fehmi were kept busy tending to their hives before wildfires tore through a bucolic region of Turkey that makes most of the world’s prized…
more ...Dams Dry Up as Water Levels Fall in Brazil
Low rainfall plagues one of the world’s major agricultural producers. Brazil now faces a crisis of drying dams, forcing farmers to look to more expensive and less-eco-friendly sources of power.…
more ...Treasury Chief: ‘Absolutely Imperative’ US Increase Borrowing Authority
U.S. Treasury chief Janet Yellen warned Sunday that it was “absolutely imperative” that Congress increase the country’s borrowing authority even as the immediate threat of a first-ever default on paying…
more ...Australian Central Bank Warns of Evergrande Collapse Dangers
Australia’s Reserve Bank, the country’s central bank, has warned that the collapse of Chinese property giant Evergrande Group could cause chaos in China’s financial system. In its semiannual “Financial Stability…
more ...Infrastructure Successes Have Transformed America, Can Biden’s Plan do the Same?
Congress appears poised to pass a bipartisan, $1 trillion plan that would be the largest federal investment in infrastructure in more than a decade. History shows that investing in infrastructure can transform the…
more ...What Is the Global Minimum Tax Deal and What Will It Mean?
A global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation has been agreed upon by 136 countries,…
more ...China Presses US to Cancel Tariffs
China said on Saturday that it had pressed the United States to eliminate tariffs in talks between the countries’ top trade officials that Washington saw as a test of bilateral engagement…
more ...Is Steve Jobs’ Legacy at Apple Wearing Thin?
Ten years ago, Steve Jobs died of pancreatic cancer at 56. He played a huge role in making Apple one of the most successful companies in the world. But what…
more ...US Toymakers Race to Get Products on Shelves for Holidays Amid Supply Clogs
Running out of time to get its products on store shelves ahead of the holidays, the Basic Fun toy company made an unprecedented decision: It’s leaving one-third of its iconic…
more ...Chinese Cyber Operations Scoop Up Data for Political, Economic Aims
Mustang Panda is a Chinese hacking group that is suspected of attempting to infiltrate the Indonesian government last month. The reported breach, which the Indonesians denied, fits the pattern of…
more ...Facebook Messenger, Instagram Service Disrupted for Second Time in a Week
Facebook confirmed on Friday that some users were having trouble accessing its apps and services, days after the social media giant suffered a six-hour outage triggered by an error during…
more ...US Job Creation Slows Further in September
President Joe Biden struck a positive tone on lackluster U.S. job creation numbers Friday, saying a drop in unemployment represented a “significant improvement” from when he took office. “Jobs up,…
more ...Americans Agree Misinformation Is a Problem, Poll Shows
Nearly all Americans agree that the rampant spread of misinformation is a problem. Most also think social media companies, and the people that use them, bear a good deal of…
more ...Coal Shortages Threaten India’s Economic Revival
India’s coal-burning power plants, which supply much of the country’s electricity, are running perilously low on stocks, raising fears of power shortages just as the country’s pandemic-hit economy is on…
more ...US Electronics Company Struck Deal to Transport, Hire Uyghur Workers
U.S. remote-control maker Universal Electronics Inc. (UEI) told Reuters it struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the southern Chinese…
more ...Hold-outs Ireland, Estonia Agree to Global Tax Reform Deal
The Irish and Estonian governments on Thursday agreed to sign on to a 15% global minimum tax rate on multinational firms, leaving only Hungary as the last hold-out against the…
more ...Microsoft: Russia Cyberattacks Targeting More Governments, Agencies
Russia appears to be getting more aggressive and more successful as the nation’s hackers launch a growing number of cyberattacks against the United States and other nations, according to a…
more ...Britain Eases Quarantine Requirements for 47 Countries
After losing two full summers of tourism revenue, Britain is getting rid of restrictive quarantine requirements for visitors from 47 countries, including India, South Africa, Brazil and Turkey. Starting Monday,…
more ...US Jobless Benefit Claims Dropped Sharply Last Week
First-time claims for U.S. unemployment compensation dropped sharply last week after three straight weeks of increasing numbers of jobless workers filing for benefits, the Labor Department reported Thursday. A total…
more ...Google to Invest $1 Billion in Africa Over Five Years
Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital…
more ...Can a Single Trillion-Dollar Coin Save the US From Default?
After bringing the United States to within two weeks of a potential debt default, Congress late Wednesday was on the verge of a deal that would avert the crisis through…
more ...US Senate Appears Near Temporary Truce in Debt-Ceiling Standoff
The U.S. Senate appeared near to a temporary deal to avert a federal debt default in the next two weeks, after Democrats said Wednesday that they might accept a Republican…
more ...US Rolls Out New Cybersecurity Requirements for Rail, Air
The United States is taking new steps to make sure the country’s air and surface transportation sectors will not be crippled by ransomware or cyberattacks. Homeland Security Secretary Alejandro Mayorkas…
more ...Amazon’s Twitch Hit by Data Breach
Amazon.com Inc.’s livestreaming e-sports platform Twitch said Wednesday that it had been hit by a data breach. It gave no details. An anonymous hacker claimed to have leaked Twitch data,…
more ...How Could America’s Debt Ceiling Showdown Play Out?
The U.S. Congress is locked in a standoff that risks triggering a financial and economic meltdown if lawmakers don’t raise a limit on government borrowing before Oct. 18, the day…
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