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Climate change is fueling the disappearance of the Aral Sea. It's taking residents' livelihoods, too

MUYNAK, Uzbekistan — Toxic dust storms, anti-government protests, the fall of the Soviet Union — for generations, none of it has deterred Nafisa Bayniyazova and her family from making a living growing melons, pumpkins and tomatoes on farms around the Aral Sea. Bayniyazova, 50, has spent most of her life near Muynak, in northwestern Uzbekistan, […]

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As DEI policies come under legal attack, philanthropic donors consider how to adapt

NEW YORK — Foundations and major donors aren’t just watching court cases like the Supreme Court’s June decision ending affirmative action at universities, the ongoing lawsuit against a grant program aimed at supporting Black women entrepreneurs, and other legal challenges targeting corporate diversity programs. They are mobilizing to respond. Some nonprofits are financially supporting the

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Walt Disney, Confluent rise; PayPal, O'Reilly Automotive fall, Thursday, 2/8/2024

NEW YORK — Stocks that are trading heavily or have substantial price changes on Thursday. Walt Disney Co. (DIS), up $12.28 to $111.42. The entertainment giant gave investors an encouraging financial update and announced a stake in Fortnite maker Epic Games. PayPal Holdings Inc. (PYPL), down $7.07 to $56.17. The technology platform and digital payments

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Germany's Scholz heads to Washington, seeking a clear signal to Putin on aid for Ukraine

BERLIN — German Chancellor Olaf Scholz pushed for further U.S. and European aid for Ukraine as he set off Thursday for a visit to Washington, declaring it was time to send Russian President Vladimir Putin a “very clear signal” that the West won’t let up on supporting Kyiv. Scholz is to meet members of the

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In rural Utah, concern over efforts to use Colorado River water to extract lithium

GREEN RIVER, Utah — A plan to extract lithium — the lustrous, white metal used in electric vehicle batteries — in southeast Utah is adding to an anxiety familiar in the arid American West: how the project could affect water from the Colorado River. An Australian company and its U.S. subsidiaries are analyzing the saline

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Google, Facebook take bigger share of ad spending, but economic slowdown could hurt growth

NEW YORK — Weak results from Google, Snap and other big sellers of online ads are raising concerns that Wall Street’s optimistic growth forecasts are setting investors up for rude surprise this year. Google, which dominates the $270 billion digital advertising sector, recently disappointed Wall Street when its 8.9% fourth-quarter ad revenue growth fell short

Google, Facebook take bigger share of ad spending, but economic slowdown could hurt growth Read More »

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Turkey's new central bank chief assures that work to combat inflation will press on

ANKARA, Turkey — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said Thursday, offering some certainty about efforts to right the battered economy following his precedessor’s surprise resignation. Speaking for the first time since taking the helm of the

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Senators to question Merck, J&J and Bristol Myers Squibb CEOs over high U.S. drug pricing

Senators will question the CEOs of Johnson & Johnson, Merck and Bristol Myers Squibb on U.S. drug prices at a hearing Thursday, as lawmakers on both sides of the aisle work to rein in high health-care costs for Americans.  The push to cut drug prices is one of those rare hot-button issues that unites the

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China names a new stock regulator and reports new developer financing in a bid to soothe markets

BANGKOK — Chinese shares rose Thursday as investors appeared to welcome Beijing’s choice of an industry veteran to head its securities watchdog, in its latest effort to boost confidence in ailing markets. Wu Qing, a former chair of the Shanghai Stock Exchange with a reputation for being tough on market misbehavior, was named chairman and

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A volcano has erupted in the same part of Iceland where earlier activity had required evacuations

GRINDAVIK, Iceland — A volcano in southwestern Iceland erupted for the third time since December on Thursday, sending jets of lava into the sky and triggering the evacuation of the Blue Lagoon spa, one of the island nation’s biggest tourist attractions. The eruption began at about 0600 GMT (1 a.m. EST) along a three-kilometer (nearly

A volcano has erupted in the same part of Iceland where earlier activity had required evacuations Read More »

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