RIO DE JANEIRO, Feb 13- Brazilians are in a dour mood at the moment, giving them all the more reason to party as Carnival celebrations officially kick off in earnest on Friday. "Carnival has always been an escape valve," said Gerson Moraes, a history and philosophy professor at Mackenzie University in São Paulo. A severe drought in southeastern Brazil has raised the...» Read More
One person was found dead on Friday in a rain-swollen flood-control channel in the Orange County town of Garden Grove, which could mark the third storm-related fatality on the West Coast since Thursday. The Ventura County Fire Department said its personnel responded to 37 calls for assistance due to flooding and a second-story balcony collapsed in the Los...
CNBC's Jane Wells reports who the water cops are in California amid the terrible drought, and what the violations are.
A look at the most unlikely industry being affected by a drought, with CNBC's Jane Wells.
CNBC's Jane Wells takes a look at how California beer makers are surviving the Golden State's epic drought.
CNBC's Jane Wells takes a look at how the drought in California is impacting the beer business.
California's drought is causing a huge problem for rice growers.
In California, water agencies are giving out rebates for residents if they install fake grass. CNBC's Jane Wells spoke to A Lucky Lawn's owner, Drew McClellan, about his creative and profitable fix.
CNBC's Jane Wells reports water agencies are spending big money on rebates to get people to rip out their lawns and replace the grass with drought tolerant plants or fake turf.
Treasury Wine Estates of Australia has now received a second multi-billion takeover bid. CNBC's Jane Wells says the bidder is reportedly TPG, but the company has no comment.
Start-ups are riding to the rescue of droughts in California. CNBC's Josh Lipton reports on these efforts.
CNBC's Josh Lipton looks at how tech start-up Terravion is helping California farms and wineries combat the drought.
Neel Kashkari, (R-Calif.) gubernatorial candidate, provides his take on the nation's economic recovery.
Often Americans take the price and value of water for granted, explains Tim Winter, Gabelli & Company head of utility research, in discussing how to play water utilities.
Usage on smartphone application VizSAFE has grown 150 percent in the last month, reports CNBC's Jane Wells. VizSAFE allows users to turn in their neighbor for using too much water.
CNBC's Jane Wells reports California residents are using a new app called VizSAFE to report water violations in the drought stricken state.
Hardeep Walia, Motif Investing co-founder, says climate change, despite the naysayers, is getting worse. He advises investors on two approaches to profiting from the trend, or shorting the climate change motif.
Over 80 percent of California is now in extreme or exceptional drought. CNBC's Jane Wells reports UC Davis predicts this will cost the state $2.2 billion.
CNBC's Jane Wells reports illegal pot production is disrupting California's water supply.
Marijuana is facing a new hurdle in the state of California. CNBC's Jane Wells reports how illegal pot production is contributing to the state's drought problem.
Coffee prices have dropped 5 percent over the last month, but are still one of the year's biggest commodity gainers. CNBC's Jane Wells reports the drought in Brazil may not be as bad as expected.