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Study raises concerns over big, rapidly thinning Antarctic glacier

2015-03-18 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

CNN: Scientists have raised concerns about a large, rapidly thinning glacier in Antarctica, warning it could contribute significantly to rising sea levels. They say they've discovered two openings that could channel warm seawater to the base of the huge Totten Glacier and bring the threat of potentially disastrous melting. The glacier is bigger and thinning faster than all the others in East Antarctica. It contains enough ice to raise the global sea level by at least 11 feet (3.4 meters), according...

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CBA's kickback scandal raises new questions about banking culture

2015-03-18 08:28:57| Automakers - Topix.net

In February, the Commonwealth Bank of Australia's chief executive Ian Narev and his most senior lieutenants hosted the bank's annual business media dinner. But rather than using the usual head office boardroom, it chose to allow us into its Technology Lab - a bit like an IT theme park where we could play with all the gadgetry that backs the bank's boast of being at the industry's cutting edge.

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Revamped environmental law raises hope for cleanup in China

2015-03-14 01:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: People in China who want to take industries to task for fouling their surroundings have been rushing to file complaints and lawsuits this year in a test of legal reforms that toughen environmental penalties and make clear that many public-interest groups have the right to sue. Environmental watchdogs say people have filed hundreds of complaints with local governments under the new law launched in January, taking advantage of requirements that authorities respond to environmental complaints or...

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GSK raises $853 million by halving stake in South African drugmaker

2015-03-13 12:04:30| Biotech - Topix.net

GlaxoSmithKline has taken profits in Aspen Pharmacare by selling half its stake in the South African drugmaker for $853 million , following a long investment in the firm. The sale, which was conducted through a share placing at a discount to the market price, is the latest example of GSK pruning non-core investments as it refocuses its business and works to protect its sizeable dividend payments to shareholders.

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PHOTOS: San Juan United Way raises more than $3M

2015-03-13 08:42:39| Oil & Gas - Topix.net

Attendees at the San Juan United Way Victory Celebration hold up balloons to reveal that the organization's fall campaign raised 3,012,295. During Thursday's lunch at the Red Lion Hotel in Farmington, BHP Billiton New Mexico Coal was honored for raising 1.1 million of that.

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