investments

Historic non-stop flight between Australia and UK takes off

Passengers have taken off for the first direct flight between Australia and London, passing a major milestone by reducing to 17 hours a trip that once took 12 1/2 days. The 9,000-mile flight from Perth, one of the world’s most isolated cities, marks the first direct passenger service between the continents. …

economy

Wall Street’s ‘wall of money’ is at odds with the struggling market — but one expert says not to worry

BI Grahics/Anaele Pelisson The heavy recent inflows to equity funds don’t match up with what Bank of America Merrill Lynch calls “lackluster” cross-asset returns. One Wall Street expert thinks the stock market can recover and even hit new highs in the coming months. A quick glance at a chart of …

investments

In court, oil company admits reality of human-caused global warming, denies guilt

On Thursday, in a packed federal courthouse in San Francisco, U.S. District Court Judge William Alsup donned a space-themed tie and listened as scientists and lawyers formally presented the fundamentals of climate science. The hearing, dubbed a "tutorial" by Judge Alsup, marked the first time a judge has ever asked …

business news

‘China is not afraid’: China strikes back at Trump with new tariffs as trade fight escalates

President Donald Trump announced new tariffs on $50 billion worth of Chinese goods on Thursday. Chinese officials strongly condemned the move. “China does not want a trade war with anyone,” said the Chinese Embassy in Washington, DC. “But China is not afraid of and will not recoil from a trade …

economy

Headlines are referring to a school shooter as ‘lovesick’ — and people have a major problem with it

Willey Family/YouCaring On Tuesday, officials say that 17-year-old Austin Rollins shot two students at Great Mills High School in St. Mary’s County, Maryland. One of the victims, 16-year-old Jaelynn Willey, was reportedly his ex-girlfriend. Willey was taken off life support late Thursday night. Police officers said that Rollins and Willey …