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Coffee is a finicky crop — arabica coffee, the most popular variety, in particular. And climate change poses a huge threat to the coffee business and to farmers. “To grow properly, coffee crops require specific temperature, light and humidity levels,” according to the Inter-American Development Bank, a financial institution serving Latin America and the Caribbean….
The voting technology company Smartmatic can move forward with its defamation lawsuit against Fox Corporation, a New York judge ruled Wednesday, dealing a blow to the parent company of Fox News, which is already fighting the massive lawsuit over its repeated airing of 2020 election lies. The decision from Manhattan Supreme Court Judge David Cohen…
Tesla reported a much bigger than expected increase in profits, despite a series of price cuts that trimmed the amount of revenue per vehicle sold. Tesla (TSLA) reported adjusted earnings of $3.1 billion, or 91 cents a share, up 20% from the second quarter last year. Analysts surveyed by Refinitiv had forecast earnings of 82…
Scientists say El Niño weather phenomenon was not significant influence on extreme heat and water scarcity A historic drought that left swaths of the Amazon rainforest parched for much of last year was caused primarily by climate change, according to a new study, rather than naturally occurring weather patterns. The research by 18 scientists from…
After close to two years of conflict, the global diamond market is set to feel the full consequences of the war in Ukraine. The European Union earlier this month added the world’s biggest diamond producer, Russia’s Alrosa, to its sanctions list alongside its CEO, Pavel Alekseevich Marinychev. The new year marked the start of an…
For young celebrities in the public eye today, many of life’s milestones are accompanied by a glossy magazine feature — or perhaps a carefully-staged paparazzi shoot, depending on the narrative at hand. It could be the announcement of a new professional venture or personal success; a “revenge body” reveal if there’s a failed relationship to…
Gil Dezer has a commanding view from his four-floor penthouse at the top of his 60-story residential tower in Miami. But the billionaire property developer is not that interested in looking out across the beach towards the Bahamas. He prefers to gaze through his large internal windows at 11 of his favorite cars. “From my…
The first known piece of mail sent using a prepaid stamp — “one of the greatest leaps forward in human communication” — could fetch between $1.5 million and $2.5 million when it comes up for auction at Sotheby’s in New York next month. If the piece realizes its estimate, Sotheby’s said it would become one…
As the world rapidly urbanizes, the amount of building in flood-prone areas is soaring, according to new research, sparking concerns about people’s vulnerability to disasters as the climate crisis escalates. Between 1985 and 2015, the number of settlements – from small villages to mega-cities – with the highest flood hazard exposure increased by 122%, according…