New York City saw its snowiest day in over two years after a winter storm swept across the Northeast on Tuesday, hitting parts of Pennsylvania, New Jersey and Massachusetts as well.
The big picture: The storm put over 40 million people under weather alerts across the region while forcing school closures, disrupting travel and causing power outages.
It wasn't as high scoring an affair compared with prior years, but electric vehicles once again beat their gas-powered counterparts in Super Bowl ads.
Why it matters: The costly buys — millions of dollars for each 30 seconds — reflect "the ability of these spots to drive domestic consumption trends," BloombergNEF analyst Corey Cantor writes.
Diamondback Energy's $26 billion deal for Endeavor Energy Resources will create a new shale powerhouse that will be the largest "pure play" producer in the Permian Basin.
Why it matters: Located in Texas and New Mexico, the Permian region is the most prolific U.S. oilfield. The combined Diamondback-Endeavor entity will have the third largest total production there behind Exxon and Chevron, per Wood Mackenzie.
More than a fifth of the 1,189 migratory species the United Nations monitors are threatened with extinction and 44% are showing population declines, a landmark UN report warns.
Threat level: The biggest threats to creatures including elephants, snow leopards, sea turtles, whales, songbirds and butterflies are habitat loss from human activity and overexploitation, per the UN's State of the World's Migratory Species report, published on Monday.
Oilfield consolidation was last year's top M&A trend, and it may be a repeat performance.
Driving the news: Diamondback Energy on Monday announced an agreement to buy privately held Endeavor Energy Partners for $26 billion in cash and stock.
After decades of progress in the U.S. toward cleaner air, climate change-related events will cause a steady deterioration through 2054.
Why it matters: An increase in large wildfires in the West, along with heat waves and drought, are already yielding a growing "climate penalty" to air quality, the new report finds.
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