Environmentalists fear the Trump administration is gearing up to lift a key regulation on the coal industry

Benjamin Lowy/Getty Images The Trump administration on Friday said limits on mercury emissions from coal-fired power plants were unnecessary as they were too costly. Those remarks have sparked an outcry from environmentalists who feared the next step would be looser rules favoring the coal industry at the expense of public health. Under the Mercury and […]

VP Pence said to be gearing up for all-out Cold War with China unless it bows to all US demands

Washington expects Beijing to undertake a dramatic change in all of its policies to accommodate US demands and is prepared for prolonged hostilities if it does not, Vice President Mike Pence reportedly said. The confrontational stance of the Trump administration was described by journalist Josh Rogin in a Washington Post opinion piece. He said Pence […]

A Dubai-based retailer is reportedly gearing up to build the world’s largest indoor ski resort in China

Reuters/Ahmed Jadallah China is building the world’s largest indoor ski resort in Shanghai. The one milion square-foot project will have three different ski slopes and offer 25 non-skiing activities  The Chinese government is encouraging its citizens to take up skiing and other winter sports ahead of the 2022 Winter Olympic Games.  Skiers in Shanghai, China, […]

OPEC is gearing up to hike oil production during what could be a ‘contentious’ meeting

AP/Karim Kadim In efforts to tackle a global oil glut, OPEC and other supply-cutting nations have been coordinating output levels. After a months-long crude rally, the cartel is meeting this week to discuss increasing supply. Here’s what you need to know. When are the meetings? Friday, June 22: Current members of OPEC — Algeria, Angola, Ecuador, […]

OPEC is gearing up to hike oil production during what could be a ‘contentious’ meeting

AP/Karim Kadim In efforts to tackle a global oil glut, OPEC and other supply-cutting nations have been coordinating output levels. After a months-long crude rally, the cartel is meeting this week to discuss increasing supply. Here’s what you need to know. When are the meetings? Friday, June 22: Current members of OPEC — Algeria, Angola, Ecuador, […]

AMD is gearing up for 7-nanometer CPUs and graphics cards

Intel recently told investors that its 10-nanometer “Cannon Lake” chips won’t be ready until 2019, but by then, it might get leapfrogged by its PC arch-rival. AMD told investors that it’s sampling next-gen Zen 2 processors with 7-nanometer tech in preparation for a launch in 2019. The company is also testing a Radeon Instinct machine […]

Florida is gearing up to vote on a crucial amendment that could change the state’s political landscape for years

Reuters/Joe Skipper A US District Judge ruled last week that Florida’s partisan process for the restoration of ex-felons’ voting rights violates the Constitution.  This decision could enfranchise many of the 1.7 million Floridians currently denied suffrage due to their criminal records.  This could tilt Florida’s electorate to the left for decades.  At the end of […]

Theranos is gearing up for a rebound with $100 million to get it through 2018

Larry Busacca/Getty Theranos has raised $ 100 million in secured debt financing, according to an investor letter reviewed by Business Insider.  The funding is the first for the embattled blood testing company since March 2015.  In the letter, Theranos outlined its plans for the next few years, including working toward FDA approval for its Zika […]

Walmart and Amazon are gearing up to take over the $5 billion meal-kit market from Blue Apron

Matt Weinberger/Business Insider Walmart’s stock dropped about 6% in mid-June on the news that Amazon had scooped up Whole Foods. That’s because investors have seen what Amazon can do when it decides to disrupt an industry. This year, Amazon’s e-commerce sales are expected to increase 32%, to $ 196.8 billion dollars, up from $ 149 billion in […]