Senate GOP leadership will barrel forward in the coming weeks to block California's big electric vehicle rule — despite a recent opinionfrom Senate Parliamentarian Elizabeth MacDonough.
Why it matters: The details are still being hashed out. But it would be thesecond time this year GOP leadership has worked around MacDonough, who will play a critical role in the process Republicans are using to pass President Trump's "one big, beautiful bill."
The long-awaited deal creating a United States-Ukraine Reconstruction Investment Fund faces huge questions, in part due to war-related damage to Ukraine's infrastructure.
Why it matters: The 50-50 fund gives the U.S. preferential access to Ukraine's critical minerals, oil and gas.
Elon Musk and Tesla's chair early on Thursday vehemently denied a Wall Street Journal report saying the EV company's board had launched a search process for a new CEO to potentially replace the world's richest person.
Why it matters: Tesla has suffered declining sales since Musk became an outspoken ally of President Trump and leader of the budget-slashing DOGE.
Companies listed on the world's biggest stock exchanges have over $1 trillion at risk ahead in countries facing high climate vulnerabilities, a new analysis finds.
Why it matters: Verisk Maplecroft's study takes a newly expansive view of corporate climate jeopardy.
The successor to Pope Francis will take over a Catholic Church with more than 1.4 billion members around the world. But his impact is likely to reach far beyond the church.
Why it matters: Popes today don't just oversee church doctrine and administration — they're global diplomats and influencers who can foster peace agreements, accelerate fights against diseases and impact population growth.
The south-central U.S. is facing a "heightened" risk of flash flooding into Thursday following days of deadly storms across a region that's spanned from Texas to the Northeast, the National Weather Service warns.
The big picture: More rounds of thunderstorms were expected Thursday across Oklahoma and north Texas, with the NWS warning of risks for large hail in addition to flooding and it said "strong winds may accompany any storms from east Texas northeast through the lower Great Lakes."
The quest to exploit deep-sea mineral resources — and debates over benefits and harms — is intensifying in D.C. and internationally.
Why it matters: U.S. regulators are now weighing an actual proposal after The Metals Company on Tuesday said it submitted applications for exploration and extraction in a swath of international Pacific waters.