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Nearly 50,000 people from 200 countries — including, for the first time, the Taliban rulers of Afghanistan — were in Azerbaijan for this year’s United Nations Climate Change Conference, with the goal of reaching a critical deal on climate finance. Participating world leaders Tuesday at the United Nations Climate Change Conference. “It is really disappointing to see that world leaders haven’t shown up in force in solidarity,” she added. While Trump “may put climate action on the back burner,” U.S. climate envoy John Podesta said, “the work to contain climate change is going to continue.”U.S. Energy Secretary Jennifer Granholm said states, cities, nongovernmental organizations and companies are still “all-in” on pursuing climate goals. British Prime Minister Keir Starmer speaks Tuesday on day two of the COP29 climate conference.

Persons: Donald Trump, Alexander Nemenov, General Ban, ”, Ruth Townend, COP29, Joe Biden, Xi Jinping, Keir Starmer, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Shigeru Ishiba, ” Townend, haven’t, Matiul Haq Khalis, Laurent Thomet, Trump, John Podesta, Jennifer Granholm, ” Granholm, Darren Woods, Who, Ilham Aliyev, Carl Court, Getty Images Aliyev, Adel, Lord Adair Turner, Britain, “, James Marape, Marape, Asadullah Jawid Organizations: Change, United Nations, Getty, World Meteorological Organization, House, Pacific, British, Seven, Canadian, Japanese, Environmental Protection Agency, Getty Images, U.S . Energy, Infrastructure Law, NBC, Exxon, Independent, Climate Finance, U.S, Energy, Commission, Union, Baku, American University of Locations: BAKU, Azerbaijan, Afghanistan, United States, Paris, AFP, London, Baku, U.S, ”, Saudi, Adel Al, Saudi Arabia, Saharan Africa, China, Papua New Guinea, American University of Afghanistan

☆ Data centers powering artificial intelligence could use more electricity than entire cities
▼ + stars: | 2024-11-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S. states, according to companies developing the facilities. Now, with the advent of artificial intelligence, data centers are growing so large that finding enough power to drive them and enough suitable land to house them will become increasingly difficult, the developers say. Technology companies are in a "race of a lifetime to global dominance" in artificial intelligence, said Ali Fenn, president of Lancium, a company that secures land and power for data centers in Texas. Beyond VirginiaAs land and power grow more limited, data centers are expanding into new markets outside the long-established global hub in northern Virginia, Sahlstrom said. The privately-held company is working with utilities to secure up to 1.8 gigawatts of power for the site to support as many as 40 individual data centers.

Persons: Ali Fenn, Nat Sahlstrom, Sahlstrom, Phoenix — Organizations: Technology, Phoenix, CNBC, Department of Energy, Bureau Locations: U.S, Pittsburgh, Texas, Denver, Virginia, Maricopa County , Arizona, Storey County , Nevada, Reno, Buckeye , Arizona

☆ First-of-its-kind saber-toothed kitten mummy find is covered in soft fur
▼ + stars: | 2024-11-23 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Woolly mammoths, giant sloths and saber-toothed cats were a fact of life for early humans. Fantastic creaturesScientists compared the mummified saber-toothed baby cat (top) with a modern lion cub (bottom). courtesy Prof. Alexey V. LopatinPaleontologists excavating in Russia’s Yakutia region uncovered the first known mummy of a saber-toothed cat. The well-preserved remains, uncovered in Siberian permafrost, are nearly intact, including surprisingly soft fur and even the “toe beans” — as cat lovers call feline footpads — on its front paws. The red supergiant star, called WOH G64, is about 160,000 light-years from Earth in the Large Magellanic Cloud, which orbits the Milky Way.

Persons: Alexey V, Homotherium latidens, Amelia Earhart’s, Earhart, ”, Tony Romeo, “, Ohnaka, Jacco van, Kelly, Zach Weinersmith, Elon, Blain, we’ve, Aviv, —, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, Lockheed, ESO, Keele Observatory, UK’s Keele University, Institut, la Vision, HCL, Human Cell, SpaceX, CNN Space, Science Locations: Russia’s Yakutia, Asia, Homotherium, Howland Island, Jacco van Loon, Mars, Paris, Lyon, England

☆ I spent 10 years and $800,000 renovating an Arkansas missile silo. It's my greatest accomplishment, but I don't recommend others try it.
▼ + stars: | 2024-11-23 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

AdvertisementArkansas resident GT Hill purchased a missile silo, decommissioned in the 1980s, for $90,000 in 2010. He bought a $90,000 decommissioned missile silo and turned it into an Airbnb. If it's a Walking-Dead-style apocalypse, you don't want to be in a missile silo because then you're trapped inside. Lastly, I was interested in owning a missile silo because it's just kick ass. Courtesy of GT HillI found my missile silo, called Titan II, online.

Persons: Hill, I'm, It's, we're, We've, We'd, we've, Kara, Nate, Lynne Peeples, everybody's, it's Organizations: GT Hill, GT, Air Force, US, Titan Locations: Arkansas, Vilonia , Arkansas, Oregon, Searcy , Arkansas, Russia

☆ Trump Promised to Halve Energy Costs in 18 Months. Experts Have Doubts.
▼ + stars: | 2024-11-23 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

President-elect Donald J. Trump repeatedly promised voters that he would cut energy and electricity prices in half within 18 months of taking office. The emerging plan is a repackaging of Mr. Trump’s energy policy. Advisers think Mr. Trump can lower prices by boosting oil and gas production, which is already at record levels in the United States. But energy industry experts noted that a president has limited tools to influence how much Americans pay at the pump, and even less leverage when it comes to electricity prices. More than a dozen experts said Mr. Trump’s strategy might succeed in lowering prices, but not enough to meet his goal.

Persons: Donald J, Trump Locations: United States

☆ Shoppers are ready to open their wallets this holiday season — for the right deals
▼ + stars: | 2024-11-23 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

AdvertisementShoppers are willing to spend this holiday season, but many are still budget-conscious. Shoppers appear ready to spend this holiday season, but many aren't giving up the search for bargains just yet. Multiple signals suggest that some shoppers feel less pinched financially as the biggest shopping season of the year ramps up. As such, many are looking for good deals, as they have been for much of this year, while still spending on the holiday season. Friday's retail sales growth showed "a good early step forward into the holiday shopping season," National Retail Federation Chief Economist Jack Kleinhenz said.

Persons: Claire Tassin, Tassin, Milton, Jack Kleinhenz, Kleinhenz, Doug McMillon, John Rainey, Rick Gomez Organizations: Shoppers, Morning, Retailers, Nordstrom, Bank of America Institute, University of Michigan's, Hurricanes, Retail Federation, Census Bureau, Walmart, Target

☆ It's time to get serious about fixing the nation's power grid. That puts these stocks in a sweet spot
▼ + stars: | 2024-11-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

The U.S. electric grid needs a total body makeover. With Duke Austin, a fourth-generation lineman, at its helm, Quanta Services has a long history in electric power infrastructure. The backbone of the electric grid Transmission and distribution is the backbone of the electrical grid, delivering power from generation sites to consumers. PWR YTD mountain Quanta Services shares year to date MasTec MasTec has been in comeback mode. MYR Group Goldman expects MYR Group is well positioned for 2025.

Persons: Neil Mehta, Goldman Sachs, weren't, Goldman, Mehta, Duke Austin, Carly Davenport, Davenport, Austin, Goldman's Mehta, they're, MasTec, Jose Mas, MasTec's, Truist, Jamie Cook, McCoy, Cook, Ati Modak, Modak, MYR Organizations: U.S, Edison Electric Institute, MYR, CNBC, Management, MYR Group Locations: U.S, Austin

☆ Researchers capture baleen whales for the first time to study their hearing
▼ + stars: | 2024-11-22 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +8 min

The results of the study, published Thursday in the journal Science, surprised whale researchers because they suggest the creatures can hear at much higher frequencies than expected. Scientists had never captured baleen whales and tested their hearing before because the animals are so large it could be dangerous to both the whales and researchers. Scientists know, from recordings and other observations, that baleen whales rely on hearing for social communication and that it’s important to their survival. Minke whales were a good target for audio testing because they’re the smallest baleen whale and a species whose hearing scientists don’t understand very well. He said the Minke Whale Hearing Project is on hold, but he’d like to pursue the topic further if he could secure funding.

Persons: ”, Dorian Houser, “, Susan Parks, —, that’s, ” Houser, ” Parks, Houser, Regina Asmutis, Silvia, ” Asmutis, Asmutis, Brandon Southall, ” Southall, Southall Organizations: Marine Mammal Foundation, Mammal, Syracuse University, Conservation, “ Locations: Norway, New York, Norwegian, Lofoten, North America

It took Rep. John Curtis, R-Utah, just a few weeks to make his mark on the Senate — even before he'd actually take the oath of office to replace retiring Sen. Mitt Romney next year. But I’m not going to give him an unconditional yes to anything that he wants.”“He is not Mitt Romney and he is not Donald Trump. Former Utah Republican Gov. After deciding to run for Senate after Romney’s retirement announcement, Trump weighed in and endorsed Riverton Mayor Trent Staggs. But his colleagues and Trump allies felt that they understood his perspective, with Curtis’ likely disapproval of Gaetz leading to his quick withdrawal.

Persons: John Curtis, he'd, Sen, Mitt Romney, Donald Trump, Curtis, Matt Gaetz’s, Trump, I’m, He’s, ”, Carlos Curbelo, Romney, ” Curbelo, Jason Chaffetz, Hillary Clinton, Gary Herbert, Herbert, ” Herbert, he’s, Curbelo, Curtis ’, “, John, ‘, ’ ” Curbelo, it’s, didn’t, censuring Trump, It’s, Riverton Mayor Trent Staggs, he’d, you’re, That’s, Gaetz, Curtis didn’t, general’s, ” “ He’s, what’s Organizations: Rep, Justice Department, Republican Party that’s, Trump, GOP, NBC, Republican, “, Brigham Young University, Democratic Party, Congress, Former Utah Republican Gov, NBC News, Commission, Senate, Republicans, GOP House, Capitol, Riverton Mayor, Republican Senate, Ford Locations: Utah, Florida, Salt Lake City, Taiwan, Provo, Washington, Texas, “

The Summary Environmental organizations are preparing to push back against the incoming Trump administration. Environmental groups are already gearing up for legal fights and soliciting donations accordingly. Environmental groups are gearing up to push back against the incoming Trump administration, which they expect to make sweeping policy changes more quickly than was seen when Donald Trump took office in 2017. The first Trump administration took at least 74 actions seen as weakening environmental policy, according to a tracker from the nonpartisan Brookings Institution. A cadre of environmental groups filed suit, and the monument was fully restored by Biden in 2021.

Persons: Trump, pare, Donald Trump, Joe Biden’s, Sean Hannity, Doug Burgum, Chris Wright, ”, Brett Hartl, Trump’s, “ We’re, Andrew Wetzler, it’s, Biden, Jillian Blanchard, “, ” Blanchard, Barack Obama, George Frey, Ethan Aumack, “ I’ll, ” Aumack, Wetzler, ” Wetzler Organizations: Biden, Infrastructure Investment, Jobs, Fox News, North Dakota Gov, Institution, Center for Biological, Natural Resources Defense Council, for Biological Diversity, Heritage Foundation, Good Government, Trust, Republican Party Locations: Southwest, Utah, Blanding , Utah, Arizona , Georgia, North Carolina, Washington

☆ Cramer names oil and natural gas stocks set to do well under Trump
▼ + stars: | 2024-11-22 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday said companies related to natural gas and oil will thrive under President-elect Donald Trump's administration and a majority Republican Congress. "If you want a sustainable Trump trade, I say bet on the natural gas ecosystem. Enbridge says it transports about 20% of all natural gas consumed in the U.S., and Cramer claimed the Canadian outfit has "strategically located assets." He also named Cheniere and Sempra , saying the former is the "best play" for liquified natural gas exports. "Seasonally, this is a good time for the commodity," he said, pointing out that natural gas itself has climbed since the election.

Persons: CNBC's Jim Cramer, Donald Trump's, Joe Biden's, Cramer, Trump, Chris Wright, Kinder Morgan, Enbridge Organizations: Republican Congress, Trump, Department of Energy, Energy Locations: underperform, U.S

☆ I changed my retirement plans at 57. Now, I travel full time in an RV with my wife and live off of investments.
▼ + stars: | 2024-11-22 | by ( Chris Mott | ) www.businessinsider.com time to read: +4 min

My wife and I built a slab for our RV on my son's property to be near family when we want. I'd spent years as an executive in Southern California, and I had a retirement plan in place for quite some time. My vision for retirement did not include living in an RV or moving to Washington state. My son's house was a fixer-upper, so we helped out with all sorts of projects to help the kids make it their dream home. AdvertisementIn many ways, we're living out our retirement dreamsOur expenses are lower than they were when we had a house.

Persons: I'd, —, Chris Mott, we'd, we've, I'm, I've Organizations: UFO, Design, Social Locations: Southern California, Vancouver , Washington, Washington, Washington and Oregon, Arizona , New Mexico , Texas , Utah, Nevada, Lake Havasu, Roswell, Texas, Vancouver

CNN —Iran announced Friday it was activating new advanced centrifuges – which enrich uranium for the country’s nuclear program – after the United Nations’ nuclear watchdog criticized the country for not cooperating with the agency. The IAEA and Iran have long tussled over various issues, including traces of uranium found at locations that have not been declared nuclear sites. He has acknowledged the UN agency cannot guarantee that none of Iran’s centrifuges may have been peeled away for clandestine enrichment. Under the terms of the nuclear deal struck in 2015, Iran was limited to operating around 5,000 older-model centrifuges, and the nation was allowed to use advance centrifuges for research purposes only. By 2019, Iran was launching new centrifuges in a major break from the deal.

Persons: IRNA, Rafael Mariano Grossi, Iran’s, Gideon Sa’ar, ” Sa’ar, Donald Trump, Antony Blinken Organizations: CNN, Iran, United Nations, Atomic Energy Organization, International Atomic Energy Agency, IAEA, Reuters, Israel Locations: Iran, centrifuges, Tehran

☆ Are we any closer to a greener future? Leaders weigh in at the world's largest energy event
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: +2 min

Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. "It just goes to show how difficult it is to change the energy mix. It's because it takes time," said Lorenzo Simonelli, chairman and CEO of Baker Hughes, a global energy technology company. Takayuki Ueda, the representative director president and CEO of INPEX, a Japanese oil company, reiterated technology's role in the energy transition. Energy companies have been leaning on gas as a "reliable dispatch of power" to meet demand, said Maví Zingoni, CEO of Power at GE Vernova, an energy equipment manufacturing and services company.

Persons: Lorenzo Simonelli, Baker Hughes, Simonelli, Takayuki Ueda, Ueda, Maví Zingoni, Zingoni, Olivier Le Peuch, Le Peuch, CNBC's Dan Murphy Organizations: Energy Institute, CNBC, Energy, Power, GE Vernova, SLB Locations: Abu Dhabi

☆ The portfolio's biggest stock winners — and laggards — for the week
▼ + stars: | 2024-11-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The stock market is wrapping up a good week, with the S & P 500 on Friday pacing for its fifth straight session of gains. Next week: It's a holiday-shortened week with markets closed Thursday for Thanksgiving and closed early (1 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, industrials, Coterra, We're, Blackwell, CrowdStrike, Robert F Kennedy, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, ., Walmart, Costco, Utilities, Nvidia, Coterra Energy, Technology, Enterprise, Department of Health, Human Services, Department of Justice, Google, Chrome, Burlington Stores, Dick's Sporting Goods, JM, Abercrombie, Fitch, Dell Technologies, HP Inc, Federal, Jim Cramer's Charitable, Traders, New York Stock Exchange, NYSE Locations: New York City

☆ ‘Send someone ASAP,’ Las Vegas man said on 911 call before police fatally shot him in his home
▼ + stars: | 2024-11-22 | by ( Karina Tsui | ) edition.cnn.com time to read: +4 min

In a hushed voice, Durham responded to the dispatcher’s questions for more than seven minutes as he frantically reacted to noises coming from outside. Halfway through the call, he said that he might know who the trespasser was. The suspected trespasser, Boudreaux, 31, faces multiple charges including assault with a deadly weapon, home invasion with a deadly weapon, domestic violence and child abuse. Police accountabilityThe incident is the 13th shooting this year to involve a Las Vegas Metropolitan Police officer and the eighth that has led to a fatality, authorities said. That makes this 10 times worse,” Merritt said, stating that police acted with carelessness and negligence.

Persons: ”, Brandon Durham, Durham, “, ” Durham, Alejandra Boudreaux –, Alexander Bookman, Boudreaux, would’ve, Bookman, CNN’s Sara Sidner, Durham’s, Lee Merritt, should’ve, ” Merritt, Brandon Organizations: CNN, KVVU, Las, Metropolitan Police, Police Locations: Vegas, ., Durham, Durham’s, Clark County, “ Durham

☆ Top 10 S&P 500 stock winners since Election Day
▼ + stars: | 2024-11-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Michael M. Santiago | Getty Images News | Getty ImagesMany large U.S. companies have seen their stocks swell since the presidential election. The top 10 performing stocks in the S&P 500 index saw returns of 18% or more since Election Day, according to data provided by S&P Global Market Intelligence, which analyzed returns based on closing prices from Nov. 5 to Nov. 20. The 'Elon Musk premium'And then there's the Elon Musk factor. Tesla's stock got an "Elon Musk premium" from Trump's victory, said Goldberg of Professional Advisory Services. Shares of the electric-vehicle maker soared 14% the day after the election and almost 30% by week's end.

Persons: Michael M, Elon Musk, Donald Trump —, Jeremy Goldberg, Goldberg, Jacob Manoukian, Rosy, outperformance, David Glazer, Paul Moseley, Vistra, Stacey Doré, Elon, Trump, Donald Trump, Chris Unger Organizations: New York Stock Exchange, Santiago, Getty, P Global Market Intelligence, Professional Advisory Services, Inc, Trump, Deregulation, Morgan Private Bank, Companies, Warner Bros ., Max, Disney, Walt Disney Co, Palantir Technologies, Fort Worth Data, Fort Worth Star, Tribune, Service, Vistra Corp, Tech, Elon, Professional Advisory Services ., of Government, week's, UFC, Madison, Garden, Ufc Locations: U.S, Texas, —, Texas , Pennsylvania, Ohio, New York

☆ GE Vernova is well positioned as energy sector reverts to natural gas, says William Blair's Jed Dorsheimer
▼ + stars: | 2024-11-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGE Vernova is well positioned as energy sector reverts to natural gas, says William Blair's Jed DorsheimerJed Dorsheimer, head of energy and sustainability at William Blair, to discuss why Wall Street is bullish on GE Vernova.

Persons: William Blair's Jed Dorsheimer Jed Dorsheimer, William Blair Organizations: GE, GE Vernova

Stop & Shop spokesperson Caroline Medeiros said that despite the limited number of products, Stop & Shop stores and pharmacies are still open and operating as the chain works to restock its shelves and anticipate item availability. “At my personal Stop & Shop, I noticed that there wasn’t a lot of chicken, ground turkey. A user showed pictures on a Facebook from a Stop & Shop in Pittsfield, Massachusetts with rows of empty shelves and wrote “Avoid Stop and Shop… their shelves are empty.” A user on TikTok posted a video with over 40 thousand views of the empty shelves in a Stop & Shop in South Boston. Many in the comments of both posts said they had been confronted with similar scenes at other Stop & Shop locations. “Stop & Shop is well stocked with turkeys and hams for the upcoming Thanksgiving holiday, along with staples like potatoes, gravy, and stuffing,” she said.

Persons: ”, Ahold Delhaize, Christy Phillips, Brown, Hannaford, Caroline Medeiros, Phillips, Medeiros, Nicole Cotton, Cotton, ” Cotton, Alan Liska, ” Liska, We’re Organizations: Shop, Hannaford, NBC News, “, Companies, Colonial Pipeline Locations: Netherlands, USA, New York , Massachusetts, Connecticut, Maine, Vermont, New Hampshire, Massachusetts , Connecticut , New York, Rhode Island, Boston, Pittsfield , Massachusetts, South Boston, cryptocurrency, North America, Australia, U.S, Russia

☆ Vicky Nguyen shares holiday travel safety tips
▼ + stars: | 2024-11-21 | by ( Dateline Nbc | ) www.nbcnews.com time to read: +6 min

When it comes to holiday travel, the most wonderful time of the year can feel like the most stressful. Andrea Canning spoke with Today Show Senior Consumer Investigative Correspondent, Vicky Nguyen, on today’s episode of Dateline: True Crime Weekly and got some travel safety tips you can use year round. In that same vein, getting a nice night of sleep ahead of time and making sure that you’ve packed the car. Canning: Um, OK, so if you’re flying, any tips on how to book holiday travel with regards to making sure everything goes smoothly, you’re not scammed in some way? The most dangerous part of booking an air travel vacation or holiday is that scam that you mentioned, Andrea.

Persons: Andrea Canning, Vicky Nguyen, Vicky, Good, Canning, Andrea, you’ve, I’ve, you’re, It’s, There’s, we’ve, it’s, “ We’re, Everyone’s Organizations: Consumer Investigative, Department of Homeland Security, TSA, DMV Locations: It’s

An Alabama inmate convicted in a 1994 murder is poised to die Thursday in the state's third nitrogen hypoxia execution this year. Carey Dale Grayson asked to have his execution carried out by nitrogen gas. It refused to do so when Alabama executed Kenneth Smith, the first person in the U.S. to die in a nitrogen gas execution, in January and again in September, when the state executed Alan Miller in a second nitrogen gas execution. Since then, Alabama has become the first state to develop a nitrogen hypoxia execution protocol in addition to lethal injection. “The State of Alabama’s nitrogen protocol has been used twice and has not worked as they swore it would.

Persons: Carey Dale Grayson, Grayson, Vickie Deblieux, Kay Ivey, Carey Grayson, Kenneth Smith, Alan Miller, Smith, Miller, Dave Martin, John Palombi, ”, Palombi, Robert Overing, Overing, — Kenny Loggins, Trace Duncan, Louis Mangione —, Deblieux, Loggins, Duncan Organizations: Alabama Department of Corrections, U.S, Supreme, Protesters, Alabama, Montgomery Advertiser, Federal Locations: Alabama, Atmore, U.S, Pelham, Ala, The, Louisiana

☆ The US is ramping up sanctions by targeting the last major Russian bank not yet blacklisted
▼ + stars: | 2024-11-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

AdvertisementThe US levied sanctions on Gazprombank, the last major Russian bank not yet blacklisted. Washington is clamping down on Gazprombank, Russia's last major lender operating free of US sanctions. Up until this point, Washington refrained from sanctions in order to maintain gas flows between Russia and remaining European customers. "Today's sanctions targeting Russia's largest remaining non-designated bank, as well as dozens of other financial institutions and officials in Russia, will further diminish and degrade Russia's war machine," Treasury Secretary Janet Yellen said. The so-called System for Transfer of Financial Messages is used to evade sanctions and fund Russia's war effort, the US said.

Persons: Russia's, Washington, Janet Yellen, OMV Organizations: Treasury, Treasury Department, Russia, Kremlin Locations: Russian, Russia, Europe, Washington, Ukraine, Austrian

☆ Mysterious exploding craters started turning up in Siberia 10 years ago. Scientists say more are likely.
▼ + stars: | 2024-11-21 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +5 min

Tucked away in the frigid northern corner of Siberia are giant craters, some deep enough to fit a 15-story building. It's been fairly clear from the beginning that the craters are caused by some type of explosion deep underground. Researchers widely agreed that when these hydrates are damaged, they release methane gas, which is what's triggering the explosions in Siberia. AdvertisementMore exploding craters to comeSiberia will likely have more explosive craters in the coming years as global temperatures continue to warm. It's unclear exactly how much methane these explosions release, but in the grand scheme of climate change, they're a small matter.

Persons: It's, Ana Morgado, Morgado, Madeline Reinsel, Osomis Organizations: University of Cambridge, Business Locations: Siberia, Russia, Manhattan, Canada, It's

Together with her friend Mariah Allen, she started a company called Controlled Chaos in 2021 to sell pre-worn festival outfits. Getting thriftyThough she went to music festivals like Warped Tour when she was in high school, Karasack started regularly going to festivals, especially electronic dance music festivals like Electric Forest, in 2018. So in 2021, she decided to make her own festival outfits, using the sewing skills her grandmother had taught her as a child. In 2024, she'll attend eight music festivals, and she typically goes to nine or 10 per year. "The music festival scene is the most open and welcoming scene that there is — it is so much fun," she says.

Persons: She's, Karasack, Brooklyn Karasack, Andrea Desky, Mariah Allen, she's, Allen, she'll, —, Hurricane Milton, Pete, automates, whatever's Organizations: CNBC, Insurance, Transportation, Hulu, Spotify, Hurricane Locations: Brooklyn, St . Petersburg , Florida, TikTok, Florida, Canada, Las Vegas, St

☆ Wells Fargo says GE Vernova is a buy as AI energy demand grows
▼ + stars: | 2024-11-21 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

GE Vernova can help meet the massive energy demands from artificial intelligence, according to Wells Fargo. The firm initiated coverage of the energy company with an overweight rating. Analyst Michael Blum said robust power demand tied to AI could lead to GE Vernova emerging as a key beneficiary, especially because the subsequent buildout will require an update to the power grid. GEV YTD mountain GE Vernova stock. The analyst also noted GE Vernova trades at a discount relative to the S & P 500.

Persons: Michael Blum, Blum Organizations: GE, General, GE Vernova Locations: Wells Fargo

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