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Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.

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☆ DNA of enslaved iron workers illuminates African American history
▼ + stars: | 2023-08-03 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

A view of the site of the Catoctin Furnace, an iron forge where enslaved people of African descent once worked, in Cunningham Falls State Park in Maryland, U.S., in this undated photograph. The site now also is providing unique insight into African American history thanks to research involving DNA obtained from the remains of 27 individuals buried in a cemetery for enslaved people at Catoctin Furnace. For African American and United States history, revealing these stories and family legacies is important to understanding and acknowledging who we are, where we came from and how we are connected to each other today," Bruwelheide added. Enslaved people of African descent were forced to work in agricultural, industrial and domestic settings in parts of the United States. In a first-of-its-kind analysis, the researchers examined historical DNA alongside genetic testing company 23andMe's personal ancestry database to identify 41,799 Americans related to the 27 individuals, including 2,975 close relatives.

Persons: Aneta, Camp David, Kari Bruwelheide, Bruwelheide, Éadaoin Harney, Andy Kill, enslavers, Kathryn Barca, Barca, Will Dunham, Rosalba O'Brien Organizations: REUTERS, U.S, Smithsonian Institution, Democratic, Smithsonian's National, of, United, Workers, Catoctin, Smithsonian, Thomson Locations: Cunningham Falls, Park, Maryland, U.S, Handout, REUTERS WASHINGTON, Camp, Catoctin, West, Central Africa's, Senegal, Gambia, Angola, Democratic Republic of Congo, Africa, Americas, Washington, United States, Civil

☆ Death Valley: 2 men got lost, drove off-road; charges pending
▼ + stars: | 2023-08-02 | by ( Marnie Hunter | ) edition.cnn.com time to read: +3 min

CNN —Two men driving in Death Valley National Park on July 4 got lost and illegally drove off-road, the US National Park Service alleges, sending one man to the hospital with heat-related illness. “Death Valley is an awe-inspiring place that demands our utmost respect and preparedness,” Superintendent Mike Reynolds said in a statement. The pair walked about another mile to paved Badwater Road, where they walked an additional 12 miles (19 kilometers) north, the Park Service said. NPSDeath Valley must: Road mapThe Park Service reminds visitors that there is no cell service in most of the park, and GPS navigation can be unreliable in remote locations such as Death Valley. The Park Service said it’s safest to stay on paved roads during the summer heat.

Persons: Mike Reynolds, ” Organizations: CNN, National Park Service, NPS, GPS, Park Service, View, “ Vehicles, Service Locations: Death, Shoshone , California, Pahrump , Nevada, Alaska

☆ Factbox: The complexity of transforming rare earths from mine to magnet
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +3 min

China accounts for about 60% of global rare earth mine production, but its share jumps to 85%-90% of processed rare earths and magnet output. The ore contains a small percentage of rare earths, but other minerals are removed through flotation, magnetic or electrostatic processing to produce a mixed rare earth concentrate that often contains 60% to 70% rare earths. So-called light and heavy rare earths must go through different separation circuits where individual rare earths are extracted. METALS/ALLOYSSeparated rare earth oxides or carbonates are then refined into rare earth metals. Small amounts of rare earths dysprosium and terbium are often added to create more heat resistance in the magnet.

Persons: Steve Marcus, Goldman Sachs, Eric Onstad, Susan Heavey Organizations: REUTERS, Thomson Locations: Pass , California, U.S, China

☆ July 2023 is planet's hottest month on record, Copernicus reports
▼ + stars: | 2023-07-27 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

We have just lived through the hottest three-week-period on record – and almost certainly in more than a hundred thousand years. “These are the hottest temperatures in human history,” said Samantha Burgess, deputy director at Copernicus. Remo Casilli/ReutersThe news that July will be the hottest month comes amid a slew of alarming records that have already been broken – and then broken again – this summer. Last month was the hottest June on record by a “substantial margin,” according to Copernicus. On July 6, the global average temperature rose to 17.08 degrees Celsius (62.74 Fahrenheit), according to Copernicus data, beating the previous temperature record of 16.8 degrees Celsius (62.24 Fahrenheit) set in August 2016.

Persons: Copernicus, ”, Samantha Burgess, Ronda Churchill, Carlo Buontempo, it’s, Burgess, El, Remo Casilli, we’ve, Fethi Belaid, Kim Cobb, ” Petteri Taalas Organizations: CNN, World Meteorological Organization, Visitor, Popolo, Getty, Brown University, WMO Locations: , California, AFP, Asia, US, China, Europe, Rome, Melloula, Tunisia

☆ Deadly extreme heat is on the rise in national parks – a growing risk for America’s great outdoors
▼ + stars: | 2023-07-23 | by ( Eric Zerkel | ) edition.cnn.com time to read: +13 min

More people are suspected to have died since June 1 from heat-related causes in national parks than an average entire year, according to park service press releases and preliminary National Park Service data provided to CNN. Ground zero for extreme heat deathsAll of this year’s suspected heat-related deaths took place in just three national parks: Grand Canyon, Death Valley and Big Bend. Heat risk and damage to national parks will only increase if unabated carbon pollution continues, Gonzalez said. That’s changing the personal risk calculus for summer recreation now and in the future in increasingly hotter national parks. Ronda Churchill/AFP/Getty ImagesPersonal responsibility weighs heavily in the policy direction the individual national parks take when dealing with the heat.

Persons: –, spokespeople, That’s, Patrick Gonzalez, ” Gonzalez, Gonzalez, Nicolo Sertorio, Abby Wines, Joelle Baird, Baird, Matthew Levy, Maggie Peikon, ”, I’ve, Peikon, that’s, ” Peikon, Ronda Churchill, “, ” Wines, ” Baird, James Thompson, It’s, ” Andrea Walton Organizations: CNN, Service, National Park Service, Climate Central, University of California, Death, Johns Hopkins University School of Medicine, American Hiking Society, Tourists, Visitor, Getty, Emergency, Region Public Affairs, “ Locations: Big Bend, Mississippi, Alaska, Berkeley, America, Indonesia, Ronda, AFP, Death Valley, Lake Mead, Arizona, Nevada

☆ The weather is so chaotic that tourists are risking their lives to take selfies with a giant thermometer in Death Valley
▼ + stars: | 2023-07-19 | by ( Cork Gaines | ) www.businessinsider.com time to read: +3 min

People are flocking to the hottest spot of them all in Death Valley, where temps are exceeding 130. But the hottest spot of them all is Death Valley National Park, the famously scorching location on the border of California and Nevada. Tourists in Death Valley. Earlier this month, a 65-year-old man was found dead in his car in Death Valley. A sign warns people not to walk outside in Death Valley after 10 am.

Persons: John Locher, Ty ONeil Organizations: Service, MSNBC, Weather, National Weather Service, National Park Service Locations: Death, Wall, Silicon, Phoenix, Europe, California, Nevada, Death Valley

☆ Global temperatures near record highs as US, China meet on climate
▼ + stars: | 2023-07-17 | by ( Charlie Devereux | ) www.reuters.com time to read: +5 min

REUTERS/Remo CasilliSummary Weather extremes experienced around the worldBiggest polluters United States and China meetClimate crisis 'is happening', says WHO bossMADRID, July 17 (Reuters) - Global temperatures were soaring to historic highs as the world's two biggest carbon emitters, the United States and China, sought on Monday to reignite talks on climate change. Wildfires in Europe raged ahead of a second heat wave in two weeks that was set to send temperatures as high as 48C. Ahead of meeting Chinese counterpart Xie Zhenhua in Beijing, U.S. climate envoy John Kerry urged China to partner with the United States to cut methane emissions and coal-fired power. Prolonged high temperatures in China are threatening power grids and crops and raising concerns about a repeat of last year's drought, the most severe in 60 years. The heat dome across the western United States also helped to generate heavy rains in the northeast, claiming at least five lives.

Persons: Remo, MADRID, reignite, Adhanom Ghebreyesus, Xie Zhenhua, John Kerry, Talim, Charon, Matilde, Angelica Aureli, it's, Ruben del Campo, Sergio Rodriguez, Kayla Hill, Carlo Buontempo, Buontempo, Charlie Devereux, Emma Pinedo, Giselda Vagnoni, Emma Farge, Kate Abnett, Andrew Cawthorne Organizations: REUTERS, United, World Health, ACT, Italy's Air Force, La Palma, Canaries, TVE, World Meteorological Organization, National, Thomson Locations: Italy, Rome, United States, China, Sanbao, Europe, Beijing, U.S, Guangdong, Hainan, South Korea, Seoul, Sardinia, Spain, La, Florida, Furnace Creek, Salt Lake City , Utah, Madrid, Geneva, Brussels

REUTERS/Mukesh Gupta/File PhotoNEW DELHI, July 14 (Reuters) - India will not impose countervailing duty (CVD) on select steel products imported from China despite a recommendation from trade officials and lobbying from local steel manufacturers, a government source told Reuters. The decision by the finance ministry aims to protect steel consuming firms from higher prices even though it could hurt local steel manufacturers, the source said. In April DGTR - which is India's trade ministry's arm that investigates unfair trade practices - recommended CVD on some stainless steel flat products. The finance ministry has rejected the recommendation despite steel purchases from China touching a six-year high in April-May period, with imports rising 62%. India's finance and trade ministry did not immediately reply to emails sent after office hours.

Persons: Mukesh Gupta, Nikunj Ohri, Conor Humphries Organizations: REUTERS, Trade, Reuters, Trade Organisation, Jindal Stainless Ltd, Steel Authority of India, Thomson Locations: Jammu, DELHI, India, China

SummaryCompanies Trial of first cargo a success - ministerPrivate refinery PARCO also asked to buy Russian oil - ministerDiscounted crude a boost amid Pakistan's strained financesISLAMABAD, July 12 (Reuters) - Pakistan is negotiating to buy a second shipment of discounted Russian crude oil, its petroleum minister said on Wednesday, highlighting the success of a first deal in helping the cash-starved nation. Musadiq Malik told reporters there was no scenario under which the country was "not benefiting" from Russian crude. "It will still benefit us," he said of the Russian oil. Malik said private entity Pak-Arab Refinery Limited (PARCO) had also been asked to import Russian crude. Islamabad is looking for Russian crude to account for one third of total oil imports.

Persons: Musadiq Malik, Malik, Asif Shahzad, Shivam Patel, Toby Chopra, Mark Potter Organizations: PARCO, Pakistan Refinery Limited, International Monetary Fund, Moscow, Arab Refinery, Energy, United, Thomson Locations: ISLAMABAD, Pakistan, Urals, Karachi, Russian, India, China, Ukraine, Moscow, Islamabad, Saudi Arabia, United Arab Emirates

☆ Vietnam jails former coast guard chief for 16 years for embezzlement
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +1 min

HANOI, June 29 (Reuters) - A military court in Vietnam on Thursday sentenced a former coast guard commander to 16 years in prison, after finding him guilty of embezzlement in siphoning off $2 million from military procurement deals, state media reported. Nguyen Van Son, 59, was convicted of masterminding the theft of 50 billion dong ($2.12 million) while head of the coast guard, in what the judge described as a "particularly serious case" that hurt the image of the defence services, Voice of Vietnam (VOV) reported. The six other former top coast guard officials received prison time ranging from 10 to 15 and a half years each for their involvement in the embezzlement, VOV said. They were arrested last year, according to the defence ministry, which said Son was responsible for violations between 2015 and 2020, including "financial mismanagement" and "procurement irregularities". ($1 = 23,569 dong)Reporting by Phuong Nguyen; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nguyen Van Son, Nguyen Phu Trong, VOV, Son, Phuong Nguyen, Martin Petty Organizations: Communist Party, Thomson Locations: HANOI, Vietnam, siphoning

☆ The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside
▼ + stars: | 2023-06-05 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +8 min

Boston Metal CEO, Tadeu Carneiro Photo courtesy Boston MetalThe Boston Metal offices in Woburn, Mass. A diagram of the process Boston Metal is using to make green steel. Zoom In Icon Arrows pointing outwards This is where the electricity is converted from AC to DC in the Boston Metal location. (A portion of the photo has been altered to protect the intellectual property of Boston Metal.) Zoom In Icon Arrows pointing outwards The Boston Metal electrolysis process releases oxygen as a byproduct.

Persons: Tadeu Carneiro, Cat Clifford, Adam Rauwerdink, It's, Carniero, Sonneborn, Rauwerdink, Boston Metal's, " Carneiro, doesn't Organizations: Boston Metal, CNBC, Boston, Boston Steel, DC, MIT, IFC, BHP, World Bank Locations: Woburn , Mass, Boston, Woburn, Asia, Burkina Faso, India, Brazil, South Asia

☆ A real-estate investor who started with 2 single-family houses and leveraged their debt to scale to over 2,400 rental units shares 4 tips he and his partner used to maximize cash-out refinances to pur
▼ + stars: | 2023-05-18 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

The cash was then used to purchase then next set of investment properties. Whitmore and his now business partner, Joel Thompson, saw a newspaper ad for two run-down single-family houses in Tulsa, Oklahoma. Whitmore scraped the cash from two tax refunds, buying and selling used watches, and an $8,000 loan from his parents. The rental income is used to pay back the loan or mortgage, while the cash is put towards purchasing the next property. But for a $50,000 house, Whitmore says you can spot structural issues just by looking for cracks in the interior walls or in the exterior brick.

☆ Why missing one $2 expense could derail your whole national park trip
▼ + stars: | 2023-05-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

What this means: Travelers can't necessarily bank on showing up spontaneously to a national park and getting the experience they desire. Record park visitation spurred reservationsTourists crowd into the Midway Geyser Basin on July 14, 2021 at Yellowstone National Park, Wyoming. One — Hot Springs National Park in Arkansas — saw record visitors last year. Overall visits to national parks jumped by 5% in 2022 versus the year prior, to 312 million recreation visits. These national parks require vehicle reservationsTraffic heading into Yosemite Village on Oct. 6, 2019, in Yosemite National Park, California.

Companies Anglo American PLC FollowApril 4 (Reuters) - Anglo American (AAL.L) said on Tuesday it had signed a memorandum of understanding with Swedish hydrogen and steel producer H2 Green Steel to work on advancing low-carbon steelmaking processes. The miner said the agreement includes studying and trialling the use of iron ore products from its Kumba mines in South Africa and Minas-Rio mine in Brazil as feedstock for H2's direct reduced iron (DRI) production process at its Boden plant in Sweden. DRI steel production is estimated to be significantly less carbon intensive than traditional blast furnace and basic oxygen furnace integrated processes. Anglo American's shares were up 0.4% by 0715 GMT. Reporting by Muhammed Husain in Bengaluru; Editing by Subhranshu Sahu, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Amazon, other retailers revamp 'free' shipping as costs soar
▼ + stars: | 2023-03-24 | by ( Lisa Baertlein | ) www.reuters.com time to read: +6 min

REUTERS/Alyssa PointerLOS ANGELES, March 24 (Reuters) - There is no such thing as free shipping. "The days of free delivery are numbered," Ken Morris, managing partner at Cambridge Retail Advisors, said of the fast-changing retail marketing tool. It is an open secret that most retailers raise product prices to subsidize free shipping. Postal Service hitting record levels, the industry where nearly three-quarters of e-commerce companies offer some sort of free shipping is rethinking the financial cost of habituating shoppers to free shipping. While retailers like Amazon and fashion purveyor Asos Plc (ASOS.L) have raised thresholds for fast shipping, others are dropping free shipping altogether or taking product prices up again.

☆ BHP, engineering firm Hatch to design electric smelting plant in Australia
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +1 min

March 23 (Reuters) - BHP Group (BHP.AX) on Thursday signed an agreement with an engineering and project management firm Hatch to design an electric smelting furnace pilot plant in Australia in an attempt to slash its greenhouse gas emissions to zero by 2050. The facility will help lower carbon dioxide intensity in steel production using iron ore from the global miner's Pilbara mines. The plant will be able to produce steel from iron ore using renewable electricity and hydrogen replacing coking coal. Last October, the mining giant teamed up with steelmaker ArcelorMittal (MT.LU) and two others to test a new technology to reduce carbon emissions in steelmaking at two plants in Belgium and North America. Reporting by Navya Mittal in Bengaluru; Editing by Shilpi Majumdar and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Investors who lost $9,000 on their first flip before building a 7-figure company share 3 mistakes that will cost you in the flipping business
▼ + stars: | 2023-03-18 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Real estate investors Aria Khosravi and Alan Blue did their first home flip in 2009. While flipping homes can be a lucrative business, it's far from guaranteed money. Friends and business partners Aria Khosravi and Alan Blue have paid their dues in the industry. We've made a lot of mistakes along the way and they cost money. Now, they know exactly what to expect and what to look for — and their business is booming thanks to their experience.

☆ Real estate investors who flipped 15 properties that profited $1.2 million in 2022 share 4 keys to successful flipping
▼ + stars: | 2023-03-16 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

Since executing that deal in 2009, the investors have done 91 flips mostly in the Denver area, they said. They did 15 in 2022 alone and turned $1.2 million in gross profits, according to a profit-and-loss statement of their LLC viewed by Insider. "You're going to want to look at the age of the furnace. Because if you feel kind of strange when you're looking at it, so will the potential buyers." But now that we've been doing it for a long time, we know what to expect and we know what to look for."

☆ Vietnam parliament elects Vo Van Thuong as new state president
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

HANOI, March 2 (Reuters) - Vietnam's National Assembly on Thursday elected Vo Van Thuong as the country's new president, in a reshuffle of the country's top leadership amid a sweeping anti-graft campaign. In his first speech to the parliament as new president, Thuong said he will "resolutely" continue the fight against corruption. "I will be absolutely loyal to the fatherland, the people and the constitution, striving to fulfill the tasks assigned by the party, the state and the people," Thuong said in a statement that was broadcast on Vietnam's state television. Thuong was elected with 98.38% of the votes, according to the parliament's online portal. Reporting by Francesco Guarascio @fraguarascio, Khanh Vu and Phuong Nguyen, Editing by Ed Davies, Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Vietnam Communist Party nominates Vo Van Thuong as new president - sources
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

HANOI, March 1 (Reuters) - Vietnam's Communist Party has nominated Vo Van Thuong as the country's new president, two party sources said on Wednesday, following the sudden forced resignation in January of his predecessor as part of a sweeping anti-corruption campaign. Thuong, 52, is the youngest member of the party's Politburo, the country's top decision-making body, and is widely regarded as being close to General Secretary Nguyen Phu Trong, Vietnam's most powerful figure. Both the government and Communist Party said on Wednesday the party's Central Committee had agreed on a nomination for president, without naming the candidate. The president in Vietnam holds a largely ceremonial role, but is among the top four political figures in the country, together with the party's general secretary, the prime minister and the head of the national assembly. Speaking at a party meeting last month, Thuong said: "The people's lawful and legitimate interests must be the important starting point of all the Party's guidelines and policies".

☆ Miners’ bets on the future of coal are diverging
▼ + stars: | 2023-02-23 | by ( ) www.reuters.com time to read: +2 min

LONDON, Feb 23 (Reuters Breakingviews) - Investors have a common understanding that coal is the dirtiest energy source. UK-listed Anglo American’s (AAL.L) earnings on Thursday showed EBITDA in the $50 billion group’s metallurgical coal division tripled to over $2.7 billion in 2022. With “met coal” constituting a fifth of Anglo’s overall EBITDA, investors may wonder whether boss Duncan Wanblad will follow Teck’s step. That’s probably because even though met coal generates three times more carbon than thermal coal, used to generate electricity, it’s still expensive to produce steel at scale in a sustainable way without using a coal-guzzling blast furnace. Anglo’s experiences hiving off its own thermal coal business, meanwhile, may not encourage Wanblad to repeat the trick.

Benchmark EU carbon permit prices hit 100 euros per tonne of CO2 on Tuesday, the highest since the scheme launched in 2005. The largest project being developed in the Netherlands secured national funding to bridge the gap between costs and the CO2 price. The United States does not have a nationwide carbon price, although states including California do. An EU carbon price of 100 euros adds 30-40 euros to the cost of a tonne of primary steel production, according to Eurofer. For example, blast furnace-based steelmakers were given around 80% of their CO2 permits, commodity industry analysis firm CRU said.

☆ Recycling wind turbine blades is nearly impossible. Veolia North America thinks it can keep them out of landfills.
▼ + stars: | 2023-02-17 | by ( Elizabeth Mccauley | Katie Nixdorf | ) www.businessinsider.com time to read: 1 min

But most of the cement industry's emissions come from heating limestone in kilns, so this process probably won't make much of a dent. A furnace used in industrial cement production. Artur Osypian/Getty ImagesCement factories burn the turbine blades for fuel — replacing some of the coal the factories usually use. Veolia says its product burns cleaner.

☆ UK scientists found a way to slash nearly 90% of carbon emissions from the country's steel industry
▼ + stars: | 2023-02-09 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Now, researchers at the University of Birmingham have developed a process to clean up the most carbon-intensive part of the steelmaking process: blast furnaces. Currently, coking coal and iron ore are fed into furnaces and heated to sky-high temperatures to create liquid iron, which is then refined into steel. About 70% of steel used around the world for buildings, cars, and household appliances is made this way. For every metric ton of steel produced, nearly two metric tons of carbon dioxide is released into the atmosphere, according to the World Steel Organization. Kildahl described it as a "closed-loop" system that captures and recycles carbon dioxide to trigger the chemical reactions that convert iron ore into steel.

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