Study shows how accounting practices distort economic reality

Accounting standards don't properly reflect the difference between losses driven by investments and actual business performance shortfalls, according to new University at Buffalo School of Management research.

Football pitch of tropical forest lost every 5 seconds

Earth lost an area of carbon-absorbing rainforest larger than Switzerland or the Netherlands in 2022, most of it destroyed to make way for cattle and commodity crops, an analysis of satellite data released Tuesday revealed.

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