Economy & Business

"Georgetown University's board of directors approved a plan Thursday to divest its endowment from coal companies."

The problem of growing bacterial resistance to antibiotics is being compounded by the decisions of many drug companies to stop developing and making new antibiotics. The reason: they are not making money.

"An oil industry lobby group successfully recruited a Canadian cabinet minister to deliver a pep talk and dispense strategic planning advice at a closed door meeting in a luxury Rocky Mountains resort, the Guardian has learned."

"The war on coal is not just political rhetoric, or a paranoid fantasy concocted by rapacious polluters. It’s real and it’s relentless. Over the past five years, it has killed a coal-fired power plant every 10 days. It has quietly transformed the U.S. electric grid and the global climate debate."

"As coal-fired power plants in the state continue to close, Kentucky closes in on reaching federal clean-air standards it resists."

"The insurance company Axa has said it will remove around €500m (£355m) of coal investments from its portfolio, in a move that reflects long-term concerns in the insurance industry over climate change."

A Goldman Sachs prediction fueled predictions that the price of crude oil would remain low for another five years.

"Governments around the world charge prices for energy that do not account for its harmful environmental, health and other side effects, amounting to a $5.3 trillion "post-tax" subsidy this year, the International Monetary Fund said in a report on Monday."

"Commodity investors are in a twist about the weather. Warmer ocean temperatures last spring indicated an El Niño event was on the horizon, signaling buys, sells, and hedging positions in securities linked to products impacted by storms and droughts. Everything from sugar prices to coffee futures were retooled."

"Bank of America is cutting off its financing for coal extraction projects, the company announced at its shareholder meeting Wednesday."