The combination of a strong El Niño in the tropical Pacific Ocean and record high global ocean temperatures are likely to shape the upcoming winter season across the U.S., per an NOAA outlook released Thursday.
Why it matters: Everyone from ski area operators to water managers, public works departments and insurance companies — plus ordinary winter storm lovers (and snow-haters) — heed the outlook for planning guidance.
Tesla's third quarter earnings missed Wall Street expectations, but the company made some product news by announcing that its unusual — and long-delayed — Cybertruck pickup is finally arriving.
Driving the news: Tesla reported $23.35 billion in revenue and $1.85 billion in profits, declines from the prior three months, and the profit figure is also lower than Q3 of 2022.
Global insured natural catastrophe losses in 2023 are expected to eclipse $100 billion for the sixth time since 2017, according to a new report from Gallagher Re, a reinsurance company.
The big picture: Severe thunderstorm-related loss events and the effects of climate change were the biggest factors behind the high losses so far, the report finds.
The Biden administration eased sanctions primarily on Venezuela's oil and gas sector Wednesday after Nicolás Maduro's regime agreed with the U.S.-backed opposition to a roadmap to presidential elections in 2024.
Elon Musk has been using price cuts to drive demand as competition grows. And some investors think more cuts will be needed.
State of play: Tesla's average transaction prices are now already lower than luxury market brands Acura, Lexus, Infiniti and Volvo, according to a Kelley Blue Book report from last week.
Driving the news: Amazon says it now has 10,000 of the vehicles in its last mile delivery network — the largest electric delivery van fleet in the country.
Why it matters: The agenda includes everything from details on the world leaders portion of the summit to potential landing zones on climate emissions reduction targets by 2030.
Why it matters: The measurements warn that parts of the Amazon Basin, the largest watershed in the world, are being stressed and the deterioration of the one of the most biodiverse places on Earth may be accelerating.
