Survivors of a 2019 massacre at a Texas Walmart that killed 23 people and wounded 22 others addressed the white nationalist shooter directly at a sentencing hearing on Wednesday.
Australian retailers are in for a sombre period this fiscal year as high interest rates squeeze household budgets, especially for discretionary spending, Citigroup said on Thursday, with expected further rate hikes likely to dent confidence even more.
Family members of a deceased person cannot sue for wrongful death if the death occurs more than three years after the injury that caused it, Massachusetts' highest court ruled Thursday, upholding the dismissal of claims against tobacco giants Philip Morris USA Inc and R.J. Reynolds Tobacco Co.
Just when you thought it was safe to hope interest rates might soon peak, along comes more bad news. It looks likely that the El Nino weather phenomenon has returned, according to both the U.S. National Oceanographic and Atmospheric Administration and the Australian Bureau of Meteorology. Its appearance usually results in, or exacerbates, floods, heatwaves, water scarcity and wildfires, especially in the southern hemisphere. The damage these inflict on crops and infrastructure is inflationary, putting pressure on central banks to tighten monetary policy. If climate change makes such events stronger and more frequent, supply shocks will become embedded.
Japan is set to begin pumping out more than a million tonnes of treated water from the destroyed Fukushima Daiichi nuclear power plant this summer, a process that will take decades to complete.