Earth’s 10 Hottest Years Have Been the Last 10

Oil and gas executives met with President Trump at the White House to discuss issues such as deregulation and tariffs, despite frustration with his agenda and falling oil prices. The industry is prioritizing permitting reform to make it easier to build energy projects, navigating tariffs on imported steel, and seeking to increase natural gas exports. Some companies are also advocating for preserving tax credits for producing renewable fuels and capturing carbon dioxide. Full Article

K.W. Lee, a pioneering Asian American journalist, passed away at 96 in Sacramento. His reporting led to the release of a Korean immigrant on death row and covered the Koreatown community during the 1992 Los Angeles riots. Lee's work in mainstream and ethnic press highlighted injustice, corruption, and racial tensions, uniting Asian American communities and advocating for social change. Full Article

The proposed 2% wealth tax on individuals with assets over £10 million is gaining attention ahead of the government's Spring Statement, with support from Labour MPs, Green Party, lobby groups, and charity organizations. The tax could potentially raise £24 billion per year, but critics are skeptical due to possible tax avoidance strategies. While many support the tax to fund public services and address economic inequality, challenges in administration and potential negative impacts on wealth accumulation...

Roula Khalaf, Editor of the FT, selects her favourite stories in the Unlock the Editor’s Digest for free, highlighting the UK National Wealth Fund's decision to prioritize clean energy, advanced manufacturing, digital technologies, and transport over the defence industry. Chancellor Rachel Reeves aims to boost "dual-use technologies" and supply chain resilience, despite the UK's efforts to increase military spending. Labour's initial plan for a new freestanding wealth fund was abandoned, with the existing UK Infrastructure...

The Justice Department charged Carl Erik Rinsch with an $11 million scheme to defraud Netflix by securing funding for a science-fiction series but using the money for personal investments instead. Mr. Rinsch was arrested and charged with wire fraud, money laundering, and engaging in monetary transactions derived from unlawful activity. After Netflix canceled the series due to Mr. Rinsch's erratic behavior, he went on a spending spree with the remaining production money, leading to Netflix...

The FTC is suing Click Profit for allegedly deceiving investors with false promises of guaranteed passive income through e-commerce stores on platforms like Amazon and TikTok. The company, owned by Craig Emslie and Patrick McGeoghean, claimed to use AI technology to select profitable products, but in reality, investors lost millions as the promised earnings never materialized. Click Profit faces legal action to halt its operations and provide relief to affected clients who were left with...