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Nevada builds natural gas plant as drought pressures power grid

Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between Reno and Fernley, Nevada. Neil Gilham | Moment | Getty Images Nevada’s largest electricity provider has been approved for a …

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These eight charts show why climate change matters right now

A girl sits on a cot as she crosses a flooded street at Sohbatpur in Jaffarabad district of Balochistan province in Pakistan on October 4, 2022. Fida Hussain | Afp | Getty Images “The climate time bomb is ticking,” António Guterres, the Secretary-General of the United Nations, said this week …

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Activision fails to increase representation of women: diversity report

KIEV, UKRAINE SOPA Images | LightRocket | Getty Images Video game publisher Activision Blizzard failed to increase its representation of women in the first quarter of 2022, according to a diversity report it released on Thursday. Executives have pledged to make women more pervasive inside the company after media reports …

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Sanofi, Regeneron shares pop, data shows asthma drug Dupixent may treat COPD

A logo on the Sanofi exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Benoit Tessier | Reuters Shares of Sanofi and Regeneron both jumped by more than 6% on Thursday after the pharmaceutical companies …

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Retirement savings vs. emergency fund: How to prioritize

Jamie Grill | Getty Images More from The New Road to Retirement: Here’s a look at more retirement news. More than half of savers are prioritizing short-term financial goals in 2023, including emergency savings, according to a recent study from Fidelity Investments. And a recent Personal Capital survey found building an …

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5 powerful women share their best-kept secrets to success

In boardrooms, on the floor of the New York Stock Exchange and places in between, women are charting their own paths to success and helping others reimagine what leadership looks like.  Although women in business have made great strides in recent years, they continue to face greater obstacles than men, …

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Will the banking crisis cause a recession? Consumer confidence is key

When it comes to the U.S. economy, confidence is key. But the banking crisis has threatened to upset how most people feel about their financial picture. “The bank problems are probably making a lot of people think twice,” said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist …

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TikTok CEO set to face a grilling in House hearing

Shou Zi Chew, chief executive officer of TikTok Inc., speaks during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 16, 2022. Bryan van der Beek | Bloomberg | Getty Images TikTok CEO Shou Zi Chew will face a tough crowd on Thursday when he testifies before the House …

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Why some Silicon Valley CEOs don’t blame SVB for its crash

When Silicon Valley Bank crashed earlier this month, a lot of people — investors, analysts, everyday observers — quickly pointed fingers at the bank’s risky and costly strategy. But some CEOs affected by the collapse don’t blame SVB’s bad bet, which centered around a sale of $21 billion worth of …

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Pulitzer-prize author has a theory on why poverty persists in the U.S.

Over the last 50 years, Americans have eradicated smallpox, reduced infant mortality rates and deaths from heart disease by around 70%, added a decade to the average American’s life and invented the internet. When it comes to the national poverty rate, however, we’ve made almost no progress. In 1970, a …

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