Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.
Listen to article(2 minutes)After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted,...
global
New Breed of Supercomputer Aims for the Two Quintillion Mark
That’s two billion billion operations a second, enough to explore the brain and discover drugs. Source link
Companies Stall Climate Action Despite Earlier Promises
Cutting emissions is proving harder for larger companies to achieve than making commitments to cut those emissions. Source link
WSJ News Exclusive | Inside Exxon’s Strategy to Downplay Climate Change
Listen to article(2 minutes)Exxon Mobil issued its first public statement that burning fossil fuels contributes to climate change in 2006,...
WSJ News Exclusive | Microsoft Will Use Carbon-Absorbing Rocks to Meet Climate Goals
A deal with Heirloom Carbon is one of the largest-ever purchases of carbon-removal credits. Source link
Shipping Regulator to Steer Clear of Stricter Rules on Carbon Emissions
The lack of consensus on a timeline to cut greenhouse-gas emissions puts investments in green-energy transition projects at risk. Source...
Climate Rules Expose Surprising Splits Among Businesses
Regulators knew they were facing a political hornet’s nest when they launched a plan that would force businesses to disclose...
U.S. Trade Deficit Hit Record in 2022
EconomyU.S. EconomyTrade gap rises to $948.1 billion as the U.S. continues to depend on imports to meet domestic demand Source...
Energy CEO Fights Climate Science. And LinkedIn. North Face, Too.
Liberty Energy CEO rails against what he says is an alarmist call for a transition away from fossil fuels. Source...
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
U.S. Companies on Pace to Bring Home Record Number of Overseas Jobs
U.S. companies are bringing workforces and supply chains home at a historic pace.American companies are on pace to reshore, or...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
New Volkswagen Chief Has History Backing Synthetic Fuels
Volkswagen AG’s VOW 0.37% new boss has said he is committed to driving the auto maker’s transformation from gasoline-powered cars...
Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say
Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.96% Phillips and Occidental Petroleum Corp. OXY -3.13% are the U.S....
Global Tax Talks Hit Another Delay
The most significant changes to global tax rules in a century will take longer than planned, negotiators said Monday, as...
China’s Economy Returns to Growth Mode as Covid Lockdowns Lift
SINGAPORE—Economic activity in China expanded in June after three straight months of contraction, according to official surveys of businesses and...
‘Friend-Shoring’ Might Be Bad for Global Growth, Inflation
As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think...
Bottleneck Fuels Record-High Gas Prices
A shortage of fuel-making facilities is pushing U.S. gasoline and diesel prices to record levels, just as drivers prepare for...
