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(Bloomberg) -- Australia’s fire-ravaged east isn’t expected to see immediate relief after the nation suffered the hottest and driest year on record.Rainfall in the nation’s most-populous region is expected to be average or less for the coming months, while above-normal temperatures will continue to sear the world’s driest inhabited continent, the Bureau of Meteorology said Thursday in its annual climate statement. It also confirmed that 2019 was the hottest year in temperature records since 1910 and the driest in data going back to 1900.“There is nothing really indicating that things will cool down too much over the next few months,” Karl Braganza, the bureau’s head of climate monitoring, said during a media call. “I’d optimistically say less dry rather than wet.”Smoke from the deadly blazes, which has smothered cities including Sydney and Canberra, has spread halfway across the world to Argentina. The unfolding disaster has also intensified criticism of Prime Minister...
Today, the Duke and Duchess of Sussex announced that they will be stepping back from their roles as senior members of the Royal Family. While that news is certainly significant, it’s another part of their announcement that has us really talking. In their message, Prince Harry and Megahan Markle wrote that they will “work to become financially independent.” The updated funding section of their official website now explains the Duke and Duchess will “no longer receive funding through the Sovereign Grant.” This begs the question, how will these two support themselves once they fully transition out of their royal roles? What Is Prince Harry & Meghan Markle’s Net Worth?Let’s not forget that before Markle became the Duchess of Sussex, she was a working actress, earning, according to Forbes, around $450,000 a year for her role on the TV show Suits. With that income, as well as money made from side gigs like running her lifestyle website The Tig, designing...
The Trump administration on Wednesday signaled strong support for self-driving vehicles as it released new guidance from federal agencies at the annual CES tech conference. U.S. Transportation Secretary Elaine Chao unveiled the administration's latest principles for autonomous vehicles -- dubbed 4.0, which she says unifies autonomous efforts across 38 U.S. departments and agencies. "The takeaway from AV 4.0 is that the federal government is all in -- for safer, better and more inclusive transportation, aided by automated driving systems," Chao said....
One expert says that Iran has cornered itself into a 'no-win situation' with the US....
Wall Street firms are expecting Lululemon to pre-announce fourth quarter results ahead of group meetings scheduled at the upcoming ICR Conference. Analysts at William Blair expect the company to have had another robust holiday season despite a compressed holiday calendar, with exceptionally strong traffic and a continued healthy cadence of new product flow....
The reorganization has apparently started at Aurora Cannabis (ACB) without any formal announcement by the Canadian cannabis LP. The latest news is a surprise listing of a future cultivation facility for sale. The move appears wise considering cash constraints, but it also leaves the company as a sudden laggard in the sector with an unclear path forward.Exeter GreenhouseEarlier this week, the market caught wind that Aurora Cannabis had listed their Exeter, Ontario facility for sale. The 22-acre greenhouse on 70 acres is listed for sale at C$17 million. The property has another 95 acres of additional land for sale at C$2 million for potential total proceeds of C$19 million.The facility was inherited in the acquisition of Medreleaf in 2018. Reportedly, Medreleaf paid C$26 million for the facility justy back in 2018 before the buyout by Aurora Cannabis.The implications for Aurora Cannabis are that the Exeter facility was listed with a potential...
