Industrial age helps some coastal regions capture carbon dioxide

Coastal portions of the world's oceans, once believed to be a source of carbon dioxide (CO2) to the atmosphere, are now thought to absorb as much as two-thirds more carbon than they emitted in the preindustrial age, researchers ...

Consumers underestimate future annual spending by over $5,000

Consumers in the UK, US and Canada underestimate their future expenses by an average of £75 per week, the equivalent of £3,900 (approximately $5,100) a year, new research from the University of St Andrews shows.

Canada pulls out of UN drought convention

Canada said Thursday it is pulling out of a UN convention that fights drought, mostly in Africa, becoming the only nation to walk away from a pact that Ottawa says is a waste of money.

United Tech: Europe improving, military parts down

Sharp cuts in U.S. military spare parts orders are hurting United Technologies Corp.'s helicopter maker, Sikorsky, the chief financial officer said Tuesday, although he was more optimistic about prospects in Europe.

Canada to hasten efforts to reduce carbon footprint: report

Prime Minister Justin Trudeau will announce stepped up efforts to reduce Canada's carbon footprint when he meets other world leaders at a virtual climate summit hosted by US President Joe Biden this week, a media report said ...

Economists weigh a new approach to unemployment insurance

Unemployment insurance is a lifeline for many people when work goes away. And when times get really bad in the U.S.—in recessions and during the COVID-19 pandemic—Congress has extended the duration of unemployment benefits ...

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