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Scientists now know why global warming has slowed down and it’s not good news for us

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5 hours ago

Spanish power giant Iberdrola buys America’s UIL.

  The Spanish firm, one of the world’s largest power companies and a global leader in wind turbines, already has several subsidiaries in other countries, including Scottish Power and US Energy East. With its $3 billion purchase of New Haven, CT-based UIL, Iberdrola is seeking to grow through acquisitions outside its feeble market, amid a boom in mergers and acquisitions.
6 hours ago

Argentina’s president is off the hook.

  An Argentine judge threw out a case filed by state prosecutors against president Cristina Fernández de Kirchner for conspiring to cover up Iran’s alleged involvement in a 1994 bombing that killed 85 people. The case was originally brought forward by a prosecutor who turned up dead in “mysterious circumstances” last month. The government, which blamed his death on rogue spies, is overhauling the national intelligence agency.
7 hours ago

The US enacts net neutrality rules.

  The US Federal Communications Commission voted 3-to-2 to mandate equal treatment of data by US broadband providers, a long-awaited decision that open internet advocates say will protect online innovation and free speech. The FCC also overrode state laws that prevented city governments in Chattanooga, Tennessee and Wilson, North Carolina from offering government-run internet service to more residents. 
7 hours ago

Cheap oil leads to a bout of deflation in the US.

  US consumer prices fell by 0.7% last month, marking a decline of 0.1% over the last 12 months. It’s the first bout of deflation since 2009, thanks mostly to tumbling oil prices. The shift could postpone any looming hike in interest rates by the Federal Reserve. In the meantime, American workers are enjoying a boost in inflation-adjusted wages.
6 hours ago

Dunkin’ Donuts takes its K-cup coffee business to retailers.

  The coffee and donut giant’s strategy of selling K-cup pods exclusively at Dunkin’ locations isn’t working, so it’s taking the one-cup pods directly to online and brick-and-mortar retailers in the hopes of winning market share. The expanded distribution is an agreement with Keurig and the J.M. Smucker Co, which already makes and markets Dunkin’-branded bags of ground coffee.
7 hours ago
Chart of the Moment

Vladimir Putin’s latest approval ratings are sky high.

February 26, 2015

Ukraine says it’s finally withdrawing its heavy weapons.

  Ukraine’s defense ministry said the Ukrainian army has begun pulling its heavy weapons away from the front line in the country’s east, as part of a ceasefire deal with pro-Russia rebels. The withdrawal was delayed because Ukrainian military officials said rebel forces had not stopped firing in line with their agreement.
February 26, 2015

British ISIL member ‘Jihadi John’ is identified.

  Mohammed Emwazi has been named as the Briton who carried out beheadings in videos released by the group. The emerging details of Emwazi’s life are chillingly mundane up to 2009, when he was detained and released (paywall) by British authorities who suspected he was involved with the terrorist group Al Shabab. It’s unclear how much the authorities knew before he left the UK to join ISIL.
3 hours ago

Men on corporate boards named John, Robert, William or James outnumber women on boards altogether.

  The number of men named John, Robert, William, or James who serve on the boards of S&P 1500 companies: 2,200. The total number of women (no qualifiers necessary) who serve on those boards: 2,150. That’s according to a study by Ernst & Young’s global organization, EY. A disturbing, if laughable, sign of the times.

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