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Storms hit poorer people harder, from Superstorm Sandy to Hurricane Maria

The ferocious "frankenstorm" known as Sandy that ripped through greater New York City five years ago remains one for the record books. Like this year's hurricane season, it racked up tens of billions of dollars in economic damages.

Extinct lunar magnetic field lasted longer than previously thought

Magnetized lunar rocks collected by the Apollo missions indicate the moon had its own magnetic field, generated by motion of liquid metal in its core, until at least 3.2 billion years ago. However, what powered the lunar field and how long it lasted has been unclear. Show More Summary

China’s Richest 2017: Fosun’s Guo Guangchang Sees ‘Enormous’ Opportunities Tied To Family Life

Fosun's Hong Kong-traded stock has soared -- gaining 75% from a year ago as of early November and moving co-founder Guo Guangchang, 50, up to No. 16 in China with $10 billion.

CenturyLink/Level 3 Merger: 1 + 1 = 1/2 ?

A year ago my local phone company, CenturyLink (CTL), announced a $34 billion deal to acquire Level 3 Communications (LVLT), one of the leading business communications carriers in the nation. The deal was widely seen as a way to preserve...Show More Summary

The IRS Is Puzzled: Why Out Of 500,000 Coinbase Users, Only 900 Reported Gains Or Losses

Almost exactly one year ago, the IRS realized that it could be leaving billions of dollars on the table in the form of uncollected taxes, and launched a tax-evasion probe on the largest US Bitcoin exchange, Coinbase, seeking to identify all Coinbase users in the U.S. Show More Summary

US budget deficit up sharply to $63.2 billion in October

The federal government began its new budget year with an October deficit of $63.2 billion, up sharply from a year ago. The Treasury Department says the October deficit was 37.9 … Click to Continue »

New study sheds light on how earliest forms of life evolved on Earth

A new study led by ANU has shed light on how the earliest forms of life evolved on Earth about four billion years ago.

Unexpected Fossils Hint at Large Life 1.6 Billion Years Ago

If true, fossils found in bacterial mats push back earliest known eukaryotes by 400 million years -- Read more on ScientificAmerican.com

Strong Foreign Demand Pushes Yield Lower In Stopping Through 10Y Auction

After yesterday's mediocre 3Y auction, moments ago the US Treasury sold $23 billion in 10 year paper in a very well received auction. The high yield of 2.314% was fractionally lower than October's 2.346%, and stopped through the When Issued 2.316% by 0.2bps. Show More Summary

Scientists may have just found the chemical "missing link" for the origins of life on Earth

In attempting to recreate the conditions of Earth circa billions of years ago, a research team may have uncovered a key "missing link" in our knowledge of the origin of life on Earth. The discovery of diamidophosphate (DAP), a compound...Show More Summary

One of the First Galaxies in the Universe Observed --"These Objects are a Class of Mythical Beasts in Astrophysics"

"The Big Bang happened 13.7 billion years ago, and now we are seeing this galaxy from 12.8 billion years ago, so it was forming within the first billion years after the Big Bang," says astrophysicist Min Yun at UMass Amherst....    ...

Found: One of the Oldest Things in the Universe

Astronomers have long suspected that there are very distant galaxies out there, ones that formed at the dawn of the universe, some 13.7 billion years ago, but evidence of them has been elusive. But now, thanks to the Large Millimeter...Show More Summary

Astronomy team image one of the first massive galaxies to form, 12.8 billion years ago

Astronomers using the Large Millimeter Telescope (LMT), which is operated jointly by the University of Massachusetts Amherst and Mexico's Instituto Nacional de Astrofísica, Óptica y Electrónica, report today in Nature Astronomy thatShow More Summary

Why Are Some Theaters Refusing To Play The Last Jedi?

2 weeks agoHumor / odd : Neatorama

Disney did well with the movie The Force Awakens a couple of years ago, but the House of Mouse didn't pay four billion dollars for the Lucasfilm just to "do well." When The Last Jedi opens next month, Disney has some pretty unprecedented requirements for theaters that show the latest film in the Star Wars saga. Show More Summary

Ancient Spiral Galaxy Born 11 Billion Years Ago Could Tell Us How Star Clusters Form

2 weeks agoNews : Newsweek: US

A newly "ancient" galaxy may help us better understand how and why galaxies take on their many beautiful shapes and forms.

Newly discovered volcanic rock minerals may offer new insights into earth's evolution

The first 1.5 billion years of Earth's evolution is subject to considerable uncertainty due to the lack of any significant rock record prior to four billion years ago and a very limited record until about three billion years ago. Rocks of this age are usually extensively altered making comparisons to modern rock quite difficult. Show More Summary

Live blog: Apple’s fiscal year Q4 2017 earnings call

2 weeks agoTechnology / Apple : 9 to 5 Mac

Moments ago, Apple announced the results for its fiscal fourth quarter of 2017, reporting profits of $10.7 billion on revenue of $52.6 billion. The company sold 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs. As usual, next up on the docket is Apple’s quarterly earnings call, which will kick-off at 2PM PT/5PM ET and we’ll have live coverage right here… more…

Mexico's "Legendary" Oil Hedging Desk Spent $1.25 Billion On 2018 Puts

Mexico’s "legendary" oil hedgers (profiled her emost recently one year ago and by Bloomberg in this exhaustive article) are confident that prices won’t linger above $50 a barrel, because this summer, which is why the world’s most-active...Show More Summary

Exxon's 3Q profit jumps 50%, beating forecasts

Buoyed by higher oil prices, Exxon Mobil reported Friday that third-quarter profit jumped 50 percent from a year ago to nearly $4 billion.        

AbbVie says Humira sales will balloon to $21 billion in 2020, shares rise

3 weeks agoHealth : Reuters: Health

(Reuters) - AbbVie Inc on Friday said it expects its flagship drug Humira to bring $21 billion in sales by 2020, about $3 billion higher than its expectation two years ago.

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