Short-term debt comes with a penalty in the cost of equity

A new study finds that investors want to be compensated, in the form of higher returns, for holding the stock of firms that have a relatively higher proportion of short-term debt, rather than long term debt

Hydroponic native plants to detox PFAS-contaminated water

They're the non-stick on Teflon cookware, the stain resistance in Scotchgard, and the suppression factor in firefighting foam, but while the staying power of PFAS chemicals was once revered, it's now infamous as PFAS substances ...

Back-to-back hurricanes expected to increase in the Gulf Coast

Over the past four decades, the time between tropical storms making landfall in the Gulf Coast has been getting shorter. By the end of the century, Louisiana and Florida could be twice as likely to experience two tropical ...

Hurricane Ida could become costliest weather disaster: UN

Hurricane Ida, which slammed into the US Gulf Coast at the weekend, could become the costliest weather disaster on record, the UN said Wednesday, hailing though that prevention measures had dramatically limited casualties.

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