Bloomberg BNA – Electric utility Con Edison will conduct an economic analysis to quantify the benefits of preparing its infrastructure for the impacts of climate change, a company official said Feb. 10.
Skeptics are waiting for Chinese President Xi Jinping to prove he’s serious about economic reform -- perhaps by shuttering one of the country’s big, loss-making state enterprises. In fact, if Xi really wants to transform China, the place to start is by reining in one of its most powerful and profitable firms.
Australia will become the first country to require cigarettes to be sold in uniform packages after its top court rejected a challenge from tobacco companies, setting a precedent for other nations to follow.
New York Mayor Michael Bloomberg, who fought for anti-smoking legislation in the city, said he would donate $220 million to help reduce tobacco use in China, India and elsewhere in the developing world.