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World must cut emissions by 18% in four years ‘to find our way back’, UN says
The UN says the world must cut carbon emissions by 18% within four years and 45% by 2035 to limit catastrophic climate overshoot, but current policies fall far short of necessary targets.
At the Wall of Wind, engineers blow homes apart to learn how to save them
Researchers at Florida International University systematically test manufactured homes in a laboratory to failure using powerful winds, studying how different installation standards affect structural safety.
South Africa vs Australia: Hosts welcome back paceman Kagiso Rabada for his first outing since IPL
South Africa aims to level their Test series against Australia in the second match starting on Sunday in Gqeberha, following a 214-run defeat in the first Test. The hosts welcome back paceman Kagiso Rabada after his IPL absence.
Man Utd transfer news: Michael Carrick opens door to January signings ahead of planned defensive rebuild
Manchester United head coach Michael Carrick says the club will pursue transfer opportunities in January, with plans to strengthen the defence after a summer focused on midfield acquisitions.
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Special education head at Education Department abruptly resigns
Kelly Rogers, who oversees special education at the federal Education Department, announced her resignation Wednesday amid agency restructuring and plans to relocate functions to another department.
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
Lego posted record first-half revenue of 41.9 billion Danish kroner, reflecting a 21% year-over-year increase driven by botanical sets, sports partnerships, and new product launches.
Dick’s Sporting Goods stock falls 30% as retailer misses expectations, cites ‘challenging’ footwear market
Dick’s Sporting Goods stock dropped 30% after missing earnings expectations and lowering guidance, citing challenges in the athletic footwear market and weakness at its Foot Locker subsidiary.
Nvidia adds more than $400 billion in value after blowout earnings boost AI confidence
Nvidia’s stock surged nearly 9% Thursday following strong earnings guidance, adding roughly $440 billion to its market capitalization amid continued robust artificial intelligence demand.
CorMedix (CRMD) Just Tripled Its Profits, But Guidance Barely Budged
CorMedix reported second quarter revenue of $101.9 million and net income of $26 million, more than double the prior year, though management left full year revenue guidance unchanged despite raising EBITDA outlook.
Claritev’s (CTEV) Profit Picture Brightens, But Its Cash Cushion Shrinks
Claritev reported second-quarter revenue of $257.5 million, beating targets and raising full-year guidance, but ended the period with only $14.4 million in unrestricted cash despite generating strong free cash flow.
Consensus Cloud’s (CCSI) Buyback Doubles, But Growth Has A Catch
Consensus Cloud Solutions reported second-quarter revenue growth of 4.1% to $91.4 million and net income up 31.7%, while doubling its stock buyback authorization to $200 million, though adjusted profitability remained largely flat.
Enviri’s (NVRI) Massive Quarterly Loss Comes With A Silver Lining
Enviri reported a $297 million quarterly loss driven by one-time charges, but underlying operations showed improvement with adjusted EBITDA rising and margins expanding.
LIV Golf files for Chapter 11 bankruptcy protection
LIV Golf filed for Chapter 11 bankruptcy protection as the Saudi-backed golf league faces funding constraints and seeks new investment to sustain operations.
AI infrastructure bets drive venture debt toward record levels
European venture debt lending is tracking toward a record high, but capital concentration is intensifying as AI infrastructure deals dominate the market with fewer overall transactions.
Stock market today: Dow, S&P 500, Nasdaq futures hold steady as oil prices near $100
US stock futures held steady in premarket trading as oil prices approached $100 per barrel amid geopolitical tensions and shifting expectations for Federal Reserve interest rate decisions.
Santos commences drilling of first appraisal well in Beetaloo Basin
Santos has begun drilling its first appraisal well in Australia’s Beetaloo Basin to assess the commercial viability of shale gas reserves in the Northern Territory.