Environment
What a Russia-Ukraine peace deal could mean for Europe’s gas supplies
Europe is pressing ahead with plans to ban Russian gas imports by the end of 2027, effectively capping Moscow’s energy future in the region and leaving a bevy of stranded assets in its wake. The dual Nord Stream 1 and 2 subsea pipelines were early casualties of Russia’s invasion of Ukraine, with the infrastructure being […]
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Mercedes-Benz agrees to $149.6 million settlement with U.S. states over excess diesel emissions
A Mercedes-Benz logo is displayed on a used vehicle for sale at a dealership on November 11, 2025 in San Diego, CA. Kevin Carter | Getty Images News | Getty Images Mercedes-Benz has reached a $149.6 million settlement with U.S. states to resolve a long-running investigation into allegations of diesel emissions cheating by the German […]
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House passes bill to ease permits for building out AI infrastructure
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters The House of Representatives on Thursday passed a bill aimed at making it easier to get federal permits to build […]
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BP names new CEO — its fourth in 6 years
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role […]
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As catastrophe losses top $100 billion again, insurers are helping policyholders mitigate risk
Climate catastrophes like wildfires and severe storms have become more frequent and damaging in the U.S., accounting for 83% of the estimated global insured losses of $107 billion in 2025, according to a new report from Swiss Re Institute. This is the sixth consecutive year that global insured losses have surpassed $100 billion. The Los […]
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Ford to record $19.5 billion in special charges related to EV pullback
DETROIT — Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, the company announced Monday. The Detroit automaker said most of those charges will occur during the fourth quarter. That will be followed by $5.5 billion in […]
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‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched […]
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Europe agrees to cut emissions 90% by 2040
The European Union has agreed to a legally binding climate target to cut emissions 90% by 2040, even as it pushes back a planned critical emissions trading scheme. The European Parliament and EU Member States came to a provisional agreement on the target and an amendment of the EU Climate Law on Tuesday night. “Today, […]
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FDA approves Merck drug for decimated U.S. cattle herds to stop screwworm
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images U.S. cattle ranchers will soon have a new […]
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Powerful 7.6-magnitude earthquake strikes Japan’s northeast region
News program of Television and internet media report tsunami warning due to massive earthquake in Shinjuku Ward, Tokyo on December 8, 2025. The Yomiuri Shimbun via AP Images A powerful magnitude 7.6 earthquake shook Japan’s northeast region late on Monday, prompting tsunami warnings and orders for residents to evacuate. A tsunami as high as three […]
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