Melvin Capital, Hedge Fund Torpedoed By the GameStop Frenzy, is Shutting Down
Melvin Capital, the hedge fund run by Gabe Plotkin that struggled with heavy losses last year as it reeled from wrong-way bets on GameStop, is shutting down, according to a letter sent to investors on Wednesday that was reviewed by The New York Times.....»»
Three innovative ways to help countries hit by climate disasters, beyond a loss and damage fund
These days, it's hard to escape news stories discussing how climate change is contributing to extreme weather disasters, including the recent U.S. hurricanes. Aid agencies are increasingly worried about the widespread damage......»»
India"s capital shuts all primary schools due to smog
India's capital New Delhi ordered all primary schools to cease in-person classes until further notice on Thursday night due to worsening smog in the sprawling megacity......»»
The time is ripe to support urban agriculture: Experts urge Congress to fund new iteration of Farm Bill
As Congress reconvenes, a coalition of advocates has published a policy brief calling on representatives to provide more support for urban agriculture through a new iteration of the Farm Bill, which has been in a state of limbo since expiring in Sept.....»»
Amazon ends free ad-supported streaming service after Prime Video with ads debuts
Selling subscriptions to Prime Video with ads is more lucrative for Amazon. Amazon is shutting down Freevee, its free ad-supported streaming television (FAST) service, as it heigh.....»»
Toxic smog smothering India"s capital smashes WHO limit
Residents of India's capital New Delhi choked in a blanketing toxic smog Wednesday as worsening air pollution surged past 50 times the World Health Organization's recommended daily maximum......»»
Tax whistleblower laws boost state revenue: Study
The federal tax gap—money people and companies owe Uncle Sam but fail to pay on time—has climbed to historic highs: $696 billion in 2022, according to the IRS. It's money that—if recouped—could fund infrastructure or education or pay down gov.....»»
When countries hide their public debt, they hurt themselves, their citizens and their lenders, say economists
Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030. New research from the University of Notre Dam.....»»
Recap: Our “AI in DC” conference was great—here’s what you missed
Experts were assembled, tales told, and cocktails consumed. It was fun! Ars Technica descended in force last week upon our nation's capital, setting up shop in the International S.....»»
India"s Hindus bathe in holy river defiled by pollution
Sweeping aside thick toxic scum, thousands of Hindu devotees ignored court warnings Thursday against bathing in the sacred but sewage-filled Yamuna river, a grim display of environmental degradation in India's capital......»»
Asset owners could drive investment in climate change mitigation, research suggests
Asset owners who control substantial capital in the financial system through pension funds, endowments, foundations, and individual holdings can play a crucial role in driving investments in climate change mitigation, according to a new Yale School o.....»»
Record-high pollution sickens thousands in Pakistan"s cultural capital of Lahore
Record-high air pollution in Pakistan's cultural capital of Lahore is sending more people to hospitals and private clinics, doctors said Wednesday as authorities warned a complete lockdown could be imminent if residents fail to don face masks and fol.....»»
Smog sickness: India"s capital struggles as pollution surges
The toxic smog season in India's capital has just begun, but those unable to escape cancer-causing poisonous fumes say the hazardous impact on health is already taking its toll......»»
UN summit approves fund to share benefits of nature"s sequenced genetic data
A UN nature summit agreed in Colombia Saturday on the creation of a fund to share the profits of digitally sequenced genetic data taken from animals and plants with the communities they come from......»»
Bethesda is shutting down a game it had already forgotten about
The Elder Scrolls: Legends will shut down permanently on January 30th, 2025, but is already unavailable for purchase on Steam......»»
India"s capital chokes in smog after firework ban flouted
India's capital New Delhi was wreathed in poisonous smog Friday, with air pollution worsening after a fireworks ban was widely flouted for raucous celebrations for the Hindu festival of lights, Diwali......»»
Overshooting 1.5°C is risky. That"s why we need to hedge our bets
The global response to climate change has gained momentum since the 2015 Paris agreement, yet it remains inadequate to meet the scale of the challenge. That agreement established the goal of holding global warming to well below 2°C, and to pursue ef.....»»
Watch Yankees fans disrupt Mookie Betts" catch, spark internet frenzy
The video of the moment Yankees fans ripped a ball from Mookie Betts' glove is pretty unbelievable. The internet loved joking about it......»»
Zenity raises $38 million to secure agentic AI
Zenity announced they have received $38 million in Series B funding co-led by Third Point Ventures and DTCP, pushing the total capital raised to over $55 million. It follows the recent strategic investment by Microsoft’s venture arm, M12, with.....»»
Google accused of shadow campaigns redirecting antitrust scrutiny to Microsoft
Cloud provider allegedly approached by Google ratted out shady group to Microsoft. On Monday, Microsoft came out guns blazing, posting a blog accusing Google of "dishonestly" fund.....»»
Michael Cohen Predicts Exact MAGA ‘Frenzy’ Stunt Trump Will Pull On Election Night
Michael Cohen Predicts Exact MAGA ‘Frenzy’ Stunt Trump Will Pull On Election Night.....»»