Wind turbines rise above an array of solar panels at the Los Angeles Department of Water and Power's wind farm and solar plant in the Tehachapi Mountains in Kern County. (Irrfan Khan/Los Angeles Times) California is expected to fail to meet its ambitious greenhouse gas reduction goals by the end of the decade unless it can triple its efforts to reduce carbon emissions statewide, according to a major new report. Although the state has pledged to cut greenhouse emissions by 40% below 1990 levels by 2030, the state is not on track to meet that commitment, according to an analysis…
Author: ricardofrancois
Since the retirements of Roger Federer and Serena Williams, tennis has been hoping for some new stars to emerge to help capture the imagination of fans around the world. An unexpected new name made headlines this week: Lance Davis. He's not some teenage sensation. In fact, he's not even a tennis player. He is the founder of Killer Bee Live Removal, a pest control company in Palm Desert, California. It was Davis who was saved this week when a swarm of bees forced a halt in play in the quarter-finals of the ATP Championships in Indian Wells – but not…
Russian President Vladimir Putin casts his vote electronically during the presidential elections in Moscow on March 15, 2024.Russian Presidency | Anatolia | Getty ImagesRussia's ruling United Russia party said on Saturday it was facing a widespread denial-of-service attack – a form of cyberattack that disrupts internet use – against its online presence, and had suspended non-essential services to fend off the attack.Russian President Vladimir Putin, who is running in Russia's presidential elections as an independent candidate with the support of the United Russia party, has accused Ukraine of seeking to sabotage the elections, in which his victory is almost certain.
Stay informed with free updatesSimply sign up for our electric vehicle myFT Digest – delivered straight to your inbox.Insolvency documents show electric truck startup Arrival has failed, with Arrival collapsing owing nearly £200m and holding less than £150,000 in cash.Expats' debts range from £10m owed to HMRC to £650,000 to various local council and magazine subscription and coffee roasting businesses and £720 to a document shredding company. It also owes £421 to Addison Lee's tenant group and £4,000 to a landscape gardener.Some of the unpaid bills stretch back at least two years, according to people familiar with a list of…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, selects her favorite stories in this weekly newsletter.When Reddit lists on the New York Stock Exchange next week, the social media platform is expected to carry a valuation of up to $6.4 billion — far below the $10 billion it was valued in 2021. This will be the first high-profile tech startup to list since Instacart. , which was valued at $10 billion in its initial public offering in September, a quarter of the eye-popping valuation investors placed on it in 2021.Despite the write-off of a supposed shareholder value…
The identity of the winner of October's Powerball jackpot, worth $1.765 billion, has been revealed, according to the California Lottery. Theodoros Struik represents a group of people who bought the winning ticket at Midway Market in Fraser Park, according to a news release from the state lottery agency.Struyck and company bought the winning ticket after 36 Powerball draws without a winner. Midway Market, the family-owned business that sold the winning ticket, received an additional check for $1 million. (Alex Horvath / Los Angeles Times) “Announcing big wins like these gives all of our players the opportunity to hope and dream…
A portion of a United Airlines plane was discovered missing upon inspection Friday afternoon in southern Oregon, adding to the airline's list of mishaps.United Airlines Flight 433 took off from San Francisco and landed successfully 90 minutes later at Rogue Valley International Airport in Medford, Oregon, at 11:53 a.m.Airport staff noticed “a piece of the underside of the plane,” a Boeing 737-800, was missing during a routine post-flight inspection, airport director Amber Goode told The Times.“Our airport operations were briefly halted so we could conduct a runway safety inspection to look for debris,” Judd said. “We didn't find anything.”Judd said…
The resignation on Friday of Special Prosecutor Nathan Wade from the Georgia racketeering trial of Donald Trump and others was the right decision, in fact almost a forced decision. Judge Scott McAfee's decision on defense motion to disqualify Chief Wade, Fulton County. Atty. Fanny Willis left no practical alternative.But it would be a mistake to assume that Wade's withdrawal puts an end to the ugliness and suspicion surrounding Willis's handling of the case.To dispel the appearance of a conflict of interest arising from a romantic relationship between the prosecutors, McAfee opined that either Wade or Willis, along with her entire…
When hedge fund billionaire Ken Griffin said at an industry conference this week that the U.S. bond market was due for some discipline, he was voicing the concerns of many investors about the impact of massive government spending and debt issuance plans. US government spending is “out of control,” he told a Futures Industry Association meeting in Florida. “Unfortunately, when the sovereign market starts to put the hammer down in terms of discipline, it can be quite brutal.”But while there may have been good reasons for so-called bond vigilantes — hedge funds and other traders who punish free-spending nations by…
Telecoms and technology groups are forced to reroute internet traffic after attacks in the Red Sea made the region increasingly unstable, with damage to undersea cables putting connectivity and services around the world at risk. Several companies said they took action after reports that submarine cables on the seabed had been severed by an anchor from the Rubimare ship, which was abandoned in February after Houthi rebels targeted and sank it.Technology giant Microsoft said this week that “ongoing cable outages” in the Red Sea are affecting overall capacity on Africa's east coast, and that it is rerouting traffic flows as…