Ahead of Trump Presidency, the Fed Quits Global Climate Network
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”
Read more at The New York Times
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Why the climate and sustainability economy will thrive in a Trump presidency
To maintain his electoral mandate, incoming President Trump will have to deliver the economic goods — but he will not be able to achieve any of these political objectives without continued ...The Hill - 6h -
Bank of England delays new capital rules ahead of Trump presidency
Officials push back implementation of new Basel regime until 2027 as they await clarity on US approachFinancial Times - 12h -
Hirono presses Burgum on climate change and fossil fuels exacerbating global conflicts
Sen. Mazie Hirono, D-Hawaii, questioned Doug Burgum about the use of fossil fuels contributing to climate change and the potential to "exacerbate" conflicts around the world during his confirmation ...NBC News - 1d -
MSNBC President Rashida Jones is leaving the network
Jones ends her four-year run at the network. Her second-in-command, Rebecca Kutler, will be interim president.Los Angeles Times - 3d -
BlackRock quits climate change group in latest green climbdown
World’s largest money manager had staked out position as sustainable investment leaderFinancial Times - Jan. 9 -
Durbin asks DOJ to clarify scope of president’s military power ahead of Trump inauguration
Sen. Dick Durbin (D-Ill.), the top Democrat on the Senate Judiciary Committee, is urging the Department of Justice (DOJ) to rescind a number of internal opinions dealing with a president’s military ...The Hill - Jan. 7 -
Nick Clegg leaves Meta ahead of Trump's return as US president
He will be replaced by Republican Joel Kaplan, a former White House deputy chief of staff under President Bush.BBC News - Jan. 3 -
Fox News host Neil Cavuto quits the network, but has plenty of homes to retire to
Cavuto and his wife own a penthouse in Florida and a grand home in New Jersey.MarketWatch - Jan. 3 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2
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Russian Disinformation Campaigns Eluded Meta’s Efforts to Block Them
A new report details how a covert influence operation linked to the Kremlin continued to place ads on Facebook despite U.S. and E.U. prohibitions on doing business with the organization.The New York Times - 4h -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 10h -
Spain Overhauls Domestic Violence System After Criticism
Spain uses an algorithm to score how likely a domestic violence victim is to be abused again. A Times investigation last year identified flaws in the system.The New York Times - 18h -
Amid Warnings About Alcohol and Cancer, the N.A. Drinks Industry Could Get a Boost
The nonalcoholic beverage industry could get a boost from the surgeon general’s warnings linking alcohol to some cancers. But don’t expect the industry to condemn your glass of pinot.The New York Times - 1d -
Jean Jennings, Who Wrote With Verve About Cars, Dies at 70
A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.The New York Times - 11m
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Ozempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications
The talks on drugs including Novo Nordisk's Wegovy, GSK's Trelegy Ellipta, and Pfizer's Xtandi will set Medicare prices that go into effect in 2027.CNBC - 6m -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 6m -
CFPB fines Equifax $15 million over errors on credit reports
The CFPB alleged the credit reporting bureau failed to conduct proper investigations of consumer disputes.CNBC - 8m -
Cramer's week ahead: Inauguration, earnings from Procter & Gamble and American Express
CNBC's Jim Cramer guided investors through next week on Wall Street, highlighting President-elect Donald Trump's inauguration.CNBC - 8m -
Jean Jennings, Who Wrote With Verve About Cars, Dies at 70
A cabdriver and mechanic before becoming a journalist, she brought personality and adventure to a once-staid genre. She once won a demolition derby and motorcycled across China.The New York Times - 11m