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Parliament adopts new carbon sinks goal that increases EU 2030 climate ambition 

Published Tue, 25 Feb 2025 12:36:05 GMT

New law raises the EU carbon sinks target for the land use and forestry sector, which should reduce greenhouse gases in the EU in 2030 by up to 57% compared to 1990, Plenary session, ENVI.Parliament has adopted with 479 votes to 97 and 43 abstentions the revision of the regulation on the land use, land use change and forestry sector (LULUCF) which seeks to improve natural carbon sinks to make the EU the first climate-neutral continent by 2050 and improve biodiversity in line with the European Green Deal.Both EU and national targets to boost carbon sinks by 2030The EU 2030 target for net greenhouse gas (GHG) removals in the land, land use change and forestry sector will be set at 310 million tonnes CO2 equivalent, which is around 15% more than today. This new EU target should reduce the EU’s GHGs in 2030 further from 55% to around 57% compared to 1990-levels.All EU member states will have nationally binding 2030 targets for removals and emissions from LULUCF based on recent levels of...

Opinion: The overlooked reason reparations make sense in California

Published Tue, 25 Feb 2025 12:36:05 GMT

Californians are weighing in publicly on the idea of reparations to Black Americans, with the state’s Reparations Task Force set to report their recommendations by July 1. This initiative builds on smaller-scale efforts, such as in my hometown of Evanston, Ill., which in 2021 became the first U.S. city to promise limited financial reparations for slavery and city-sanctioned discriminatory housing policies.Nationwide, much of the reparations conversation has focused on the financial burdens set in place by slavery and subsequent racist government policies. As a direct result of these factors, the median wealth of white households is about eight times that of Black households in the United States today.This racial wealth gap on its own makes a strong case for reparations. But it should be joined by an equally egregious and often less acknowledged health gap: In the United States, Black lives are years shorter on average than white lives. And as with the wealth gap, racism is a key cul...

Walters: California’s ghostly Tulare Lake will be revived this year

Published Tue, 25 Feb 2025 12:36:05 GMT

California was once home to the largest freshwater lake west of the Mississippi River, but Tulare Lake disappeared as water was diverted to irrigate crops. This year, however, the lake will once again re-emerge.Spanish soldier and California explorer Pedro Fages was chasing deserters in 1772 when he came across a vast marshy lake and named it Los Tules for the reeds and rushes that lined its shore.Situated between the later cities of Fresno and Bakersfield, Tulare Lake, as it was named in English, was the nation’s largest freshwater lake west of the Mississippi River. It spread out to as much as 1,000 square miles as snow in the Sierra melted each spring, feeding five rivers flowing into the lake.Its abundance of fish and other wildlife supported several Native American tribes, who built boats from the lake’s reeds to gather its bounty.When the snowmelt was particularly heavy, the lake rose high enough that a natural spillway would divert water into the San Joaquin River and thence ...

Build a new design style

Published Tue, 25 Feb 2025 12:36:05 GMT

From modern rustic or Mediterranean to distinguished classic or farmhouse-inspired, the labels assigned to interior design styles seem to be growing.Gone are the simple labels of traditional, modern and transitional.One design company that partners with several local builders even lists 12 design styles, ranging from modern edge and industrial chic to new traditional.But is design really all that complicated or prescribed? Fortunately not. The good news is that all of the new labels indicate more flexibility and overlap between styles than ever before.For example, the terms Bohemian and transitional and even earth-inspired might draw from two or more categories all at once.So what’s your interior design style? During the homebuilding process, builders and their design centers help each buyer discover their needs and preferences.Professional designers includedAn excellent perk of purchasing a brand new home is that professional interior design consultations are included in the proces...

MediWound: Q4 Earnings Snapshot

Published Tue, 25 Feb 2025 12:36:05 GMT

YAVNE, Israel (AP) — YAVNE, Israel (AP) — MediWound Ltd. (MDWD) on Thursday reported a loss of $7.5 million in its fourth quarter.The Yavne, Israel-based company said it had a loss of $1.18 per share.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.The developer of treatments for burns and hard-to-heal wounds posted revenue of $11.6 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $7.4 million.For the year, the company reported that its loss widened to $19.6 million, or $3.93 per share. Revenue was reported as $26.5 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDWD at https://www.zacks.com/ap/MDWDSource

G-III Apparel: Fiscal Q4 Earnings Snapshot

Published Tue, 25 Feb 2025 12:36:05 GMT

NEW YORK (AP) — NEW YORK (AP) — G-III Apparel Group Ltd. (GIII) on Thursday reported a fiscal fourth-quarter loss of $261.1 million, after reporting a profit in the same period a year earlier.On a per-share basis, the New York-based company said it had a loss of $5.54. Earnings, adjusted for one-time gains and costs, came to 41 cents per share.The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.The clothing and accessories maker posted revenue of $854.4 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $773.3 million.For the year, the company reported a loss of $133.1 million, or $2.79 per share, swinging to a loss in the period. Revenue was reported as $3.23 billion.For the current quarter ending in April, G-III Apparel expects its results to range from a loss of 15 cents per share to a loss of 5 cents per share.The company said it expe...

The Children’s Place: Fiscal Q4 Earnings Snapshot

Published Tue, 25 Feb 2025 12:36:05 GMT

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children’s Place Retail Stores Inc. (PLCE) on Thursday reported a loss of $50.5 million in its fiscal fourth quarter.On a per-share basis, the Secaucus, New Jersey-based company said it had a loss of $4.10. Losses, adjusted for one-time gains and costs, came to $3.87 per share.The children’s clothing and accessories chain posted revenue of $456.1 million in the period.For the year, the company reported a loss of $1.1 million, or 9 cents per share. Revenue was reported as $1.71 billion.For the current quarter ending in April, The Children’s Place expects its results to range from a loss of $1.90 per share to a loss of $1.60 per share.The company said it expects revenue in the range of $335 million to $345 million for the fiscal first quarter.The Children’s Place expects full-year earnings in the range of $2.50 to $3 per share, with revenue ranging from $1.62 billion to $1.66 billion._____This story was generated ...

UFC 286: Usman prepares to redeem himself against Edwards

Published Tue, 25 Feb 2025 12:36:05 GMT

It was a crosshead kick that ended Kamaru Usman’s long reign as champion and made Leon Edwards a UFC star.Edwards certainly will never forget it.And he believes Usman might never get over it.“He’s what now, 35, 36 years old?” Edwards said of his welterweight rival. “Coming off a knockout and fighting the same guy who’s just knocked him out. Let’s see how he comes back.”We’re about to find out.The two are meeting again Saturday — for the third time, and more than seven years after their first fight — as the headliners at UFC 286 at the O2 Arena in London.It’s a homecoming for Edwards, the champion.It’s a shot at redemption for Usman, in the rare position as the challenger.Dropped by a kick to the head and neck in the fifth round in Salt Lake City in August, Usman — otherwise known as the “Nigerian Nightmare” — saw his run of 15 straight victories come to an end. One more win would have tied an all-time UFC record for a guy seen at the time as the No. 1 pound-for-pound fighter in the ...

Cato: Fiscal Q4 Earnings Snapshot

Published Tue, 25 Feb 2025 12:36:05 GMT

CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — Cato Corp. (CATO) on Thursday reported a loss of $3 million in its fiscal fourth quarter.On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of 14 cents.The clothing retailer posted revenue of $179 million in the period.For the year, the company reported profit of $29,000. Revenue was reported as $759.3 million.Cato shares have decreased 5% since the beginning of the year. The stock has declined 47% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CATO at https://www.zacks.com/ap/CATOSource

Honest: Q4 Earnings Snapshot

Published Tue, 25 Feb 2025 12:36:05 GMT

LOS ANGELES (AP) — LOS ANGELES (AP) — Honest Co. (HNST) on Thursday reported a loss of $12.6 million in its fourth quarter.On a per-share basis, the Los Angeles-based company said it had a loss of 14 cents. Losses, adjusted for non-recurring costs, were 8 cents per share.The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.The consumer products company posted revenue of $81.9 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $80.2 million.For the year, the company reported that its loss widened to $49 million, or 53 cents per share. Revenue was reported as $313.7 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNST at https://www.zacks.com/ap/HNSTSource