• Celebrity
    Women's Health

    Selena Gomez Just Posted A Photo Of Her Kidney Transplant Scar

    She says she used to cover it up in photos.

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  • Science
    Quartz

    One major obstacle to China’s new climate goals: its thousands of new coal plants

    China has plans to build hundreds of new coal plants, in spite of a new goal to eliminate emissions by 2060.

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  • World
    The Telegraph

    Scotland's business leaders welcome Rishi Sunak's 'bold' plan to save thousands of jobs this winter

    Scotland's business leaders have said the Chancellor's "bold" new blueprint will save hundreds of thousands of jobs this winter but warned extra support will be needed for the worst-hit sectors. CBI Scotland, the Federation of Small Businesses (FSB) and the Scottish Chambers of Commerce (SCC) all gave a warm welcome to Rishi Sunak's successor to the furlough scheme and loan support. Tracy Black, the CBI Scotland director, said he had "acted decisively" after listening to businesses and unions and the package would "reduce the scarring effect of unnecessary job losses." The FSB and SCC also praised his "winter economy plan" but warned that additional measures would be required to help some sectors, including those hit by this week's announcement of a 10pm curfew on hospitality premises. In contrast, Scottish tourism chiefs said the blueprint fell "some way short" of what was required to rescue the industry from a "perilous situation". Marc Crothall, chief executive of the Scottish Tourism Alliance (STA), said the Job Support Scheme would only help those businesses with "sufficient demand to pay these minimum hours." He alleged that the majority of tourism-related businesses are closed because of Covid-19 restrictions and therefore would not benefit.

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  • Politics
    The Week

    FBI Director Wray says there's no evidence of national voter fraud after Trump baselessly suggests a ballot 'scam'

    FBI Director Chris Wray has affirmed there's no proof of a national attempt to defraud the 2020 election.On Wednesday, President Trump refused to say whether he would peacefully give up power if Democratic nominee Joe Biden is elected this fall, once again repeating baseless allegations that Democrats are running a "scam." But in sworn testimony before Congress on Thursday, Wray said he's seen no evidence of this happening.While Wray takes "voter fraud and voter suppression ... seriously" and is committed to investigating those situations, "We have not seen, historically, any kind of coordinated national voter fraud effort in a major election, whether it's by mail or otherwise," Wray said when questioned by Sen. Gary Peters (D-Mich.). He has seen instances of local voter fraud, but "to change a federal election outcome by mounting that kind of fraud at scale would be a major challenge," Wray added.> FBI Director Wray: "We have not seen, historically, any kind of coordinated national voter fraud effort in a major election, whether it's by mail or otherwise." pic.twitter.com/AuJz851rvt> > — NBC News (@NBCNews) September 24, 2020Wray was Trump's pick to replace James Comey as FBI director, but Trump has reportedly been considering ousting Wray for months. Trump also publicly disparaged Wray on Twitter after the director made it clear Russia was trying to interfere in the 2020 election.More stories from theweek.com America needs to hear the bad news first A mild defense of Republican hypocrisy on the Supreme Court Trump is the only one being honest about the Supreme Court fight

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  • Entertainment
    ACCESSWIRE

    Former WVU Star Gymnast Erica Fontaine is a Force in the Social Media Scene

    LOS ANGELES, CA / ACCESSWIRE / September 24, 2020 / If you follow college athletics closely, odds are you've heard the name Erica Fontaine; in fact, there's a good chance you may have heard of her or have seen her photo online regardless if you follow sports at all.

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  • Business
    Bloomberg

    BP Drops to 25-Year Low a Week After Unveiling Climate Strategy

    (Bloomberg) -- Just a week after revealing its plan to turn itself into a clean-energy giant, BP Plc watched its share price drop to a 25-year low.Chief Executive Officer Bernard Looney and his new management team gave more than 10 hours of presentations over three days last week, in a bid to show the world that the oil and gas giant could adapt to a low-carbon future without sacrificing returns.BP’s stock closed in London on Thursday at 232.4 pence, the lowest level since October 1995. While falling crude prices and fears of the second wave of the coronavirus didn’t help, the slide suggests shareholders weren’t convinced by Looney’s pitch.“Investors remain skeptical,” said Mirza Baig, Global Head of Governance at Aviva Investors. “Particularly as this move is being forced on the company by climate change.”Looney took over as CEO in February, but the so-called “BP Week” this month was his big moment, designed to put flesh on the bones of a bold plan to become a “net-zero” energy company by 2050. It was also an opportunity to persuade shareholders to stick with BP after the company slashed its dividend by half in August.“What investors are looking for with companies, when they announce big strategic changes of direction of any sort, is compelling answers to three questions: The what, the why and the how?” said Nick Stansbury, a fund manager at Legal & General Group Plc.Maintaining ReturnsAt the heart of BP’s reinvention is a reduction in oil and gas production and simultaneous growth in its renewables business. Looney promised investors he could do this while delivering returns of 8% to 10%. That’s not as high as the double-digit returns oil developments can sometimes bring in, but greater than many clean-energy projects.Looney said BP’s experience, integration, low borrowing costs and trading prowess, but the market is likely to remain skeptical until such returns can be demonstrated in practice, analysts at Redburn wrote in a research note.“BP’s challenge lies in the building up of its skill set in renewable energy solutions and a competitive advantage in its chosen areas that allows investors to believe they can deliver attractive financial returns from the capital allocated,” said Aviva’s Baig, who strongly supported the company’s net-zero ambition. Getting BP into a position where it can deliver profits from large-scale renewable energy projects will require lots of upfront spending. The company made a $1.1 billion splash in offshore wind earlier this month, buying a stake in developments owned by fellow oil giant Equinor ASA.The near-term milestones laid out last week suggests that more deals will follow.“For BP to meet its low-carbon target of 50 gigawatts of renewable generation capacity by 2030, considerable growth is required over the coming years,” said Stuart Lamont, an investment manager at Brewin Dolphin Holdings Plc. “This will require discipline from the company, ensuring a delicate balance between working toward decarbonization targets while achieving attractive returns for shareholders.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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