File photo: Shredded tents, destroyed jet: Images reveal hidden scale of Iranian strikes on US Gulf bases The human and material cost of America’s war with Iran is proving larger than previously disclosed, with the Pentagon telling Congress that the conflict has cost $45.1 billion so far, while a Washington Post report said the number … Read more
Greenland and Antarctica have lost 11,309 billion tonnes of ice since 1979. (Photo: SWNS) Greenland and Antarctica have lost a combined 11.3 billion tonnes of ice since the late 1970s, contributing more than 3 centimetres to global sea level rise, according to a new international assessment by polar scientists.As per SWNS, the comprehensive study, led … Read more
Trump administration spent $9.5 billion paying federal workers to do absolutely nothing, watchdog report says. The Trump administration spent an estimated $9.5 billion paying federal employees who were on administrative leave in 2025, as it moved to significantly reduce the size of the federal workforce, according to a new Government Accountability Office (GAO) report.About $6.7 … Read more
Melinda French Gates is committing $1 billion through 2026 to advance women’s power and influence, while her investment platform is backing women-led funds working on climate solutions. Through Pivotal Ventures, Gates has invested in Planeteer Capital, a climate-tech fund led by Sophie Purdom that backs early-stage companies developing solutions to climate change. The investment comes … Read more
Forest City was meant to become a futuristic metropolis near Singapore, but its empty towers and quiet streets earned it a very different reputation. That unusual setting later attracted a group of technology entrepreneurs who saw the underused development as an opportunity to test a new way of living and working. In 2024, Network School … Read more
The US Treasury plans to buy back as much as $6 billion of government debt in its next operation. The bonds will have maturities of 10 to 20 years. This is three times larger than the previous maximum of $2 billion. Treasury Secretary Scott Bessent had earlier indicated a $4 billion minimum for the expanded … Read more
Representative Image (AI-generated) Antarctica has been losing mass for years as glaciers shed ice into the ocean, contributing to rising sea levels. But between 2021 and 2023, the continent experienced an unusual and temporary reversal. Instead of continuing to lose mass at its recent rate, Antarctica gained about 695 billion tonnes over 22 months, marking … Read more
Michael Bloomberg was 39 when his 15-year career at Wall Street investment bank Salomon Brothers came to an end in 1981. A general partner at the firm, Bloomberg left as Salomon was being acquired by Phibro Corporation and received about $10 million for his stake. Rather than use the money to retire or join another … Read more
Jeffrey Scholl. Image Credit: Scoll World Forum Jeff Skoll, eBay‘s first full-time employee and president, played a crucial role in building the company before leaving after its 1998 public offering. He helped turn an online auction business into one of the defining technology companies of the internet boom, then chose a different path from the … Read more
At first glance, Utah’s rocky mountain slopes may look completely dry, with loose stones and boulders covering the ground. But beneath some of those rocks lies an enormous store of frozen water. Researchers have now estimated that Utah’s rock glaciers contain about 0.99 gigatonnes, or nearly 1 billion tons, of water equivalent. These unusual formations … Read more