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.
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
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.
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
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
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 »
A new study led by ANU has shed light on how the earliest forms of life evolved on Earth about four billion years ago.
If true, fossils found in bacterial mats push back earliest known eukaryotes by 400 million years -- Read more on ScientificAmerican.com
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
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
"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.... ...
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
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
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
A newly "ancient" galaxy may help us better understand how and why galaxies take on their many beautiful shapes and forms.
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
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 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
Buoyed by higher oil prices, Exxon Mobil reported Friday that third-quarter profit jumped 50 percent from a year ago to nearly $4 billion.
(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.