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Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
Reports of tensions may have been sparked by Kraft Heinz's underperformance and because of accounting problems at the packaged goods company.Investingread more
SpaceX used its high speed boat called "Ms. Tree" to catch the nosecone its Falcon 9 rocket after Monday's launch.Investing in Spaceread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
As the planet's temperatures continue what appears to be a steady march upward, scientists in northern Alaska are watching the ground beneath them melt away.
Now, a group of researchers is taking core samples of the ground to better understand what the effects of this process could be, according to The New York Times.
Much of the permafrost that blankets Alaska and other similarly cold northern regions of the planet is slowly thawing, changing the landscape and affecting the ecosystem in a number of ways.
As it happens, scientists are seeing a kind of self-reinforcing cycle take place: Permafrost is thawing due to climate change, and the thawing permafrost sends more greenhouse gases into the atmosphere, which contribute to more warming, and consequently, more permafrost thaw.
Permafrost is what it sounds like: layers of permanently frozen ground that contains plants and organic matter that froze before they could decompose.
As the ground warms — partly because of higher temperatures and phenomena like wildfires — the plant matter begins to decay, releasing gases such methane and carbon dioxide, which scientists have connected to rising atmospheric temperatures.
These scientists think the melting ground could contribute as much as 1.7 degrees to the planet's temperature, whether or not humans burn any more fossil fuels.