A rare alignment of five planets will be visible in the night sky this week, but ...
A rare alignment of five planets will be visible in the night sky this week, but Tuesday evening will be your best bet. Just head outside right after sunset, look west, and you’ll see Mercury, Venus, Mars, Jupiter, and Uranus appear to line up in an arc shape below the crescent moon. Anyone on Earth should be able to see it, even if you’re living in a city with light pollution.
Legendary technologist and philanthropist Gordon...
Legendary technologist and philanthropist Gordon Moore passed away Friday at his Hawaii home at the age of 94 from natural causes, according to a family representative. Among other accomplishments, he co-founded the multinational Intel and coined the concept of "Moore's Law" in 1965—a prediction that computing power would increase exponentially because the number of transistors per microchip would double roughly every two years.
An upset-laden men's NCAA basketball tournament ...
An upset-laden men's NCAA basketball tournament has narrowed its field down to the Final Four, with No. 9 Florida Atlantic set to take on No. 5 San Diego State (Saturday, 6 pm ET, CBS) and No. 4 Connecticut facing No. 5 Miami (Saturday, 8:30 pm ET, CBS). While each team has had a unique path to the final weekend, Connecticut enters the final two rounds having won each game by double digits, including a dominating 82-54 win over No. 3 Gonzaga Saturday.
This year's tournament on the men's side has been one of the most chaotic in league history. For just the second time, a No. 1 seed lost in the first round (Purdue), a No. 15 seed advanced to the Sweet Sixteen (Princeton), and for the first time since seeding began in 1979, no No. 1 teams made it to the Elite Eight. Many have compared it to 2014, which saw 19 upsets where a team seeded at least two spots lower than their opponent and ended up victorious.
Potential Credit Crunch in Commercial Real Estate is Looming
JPMorgan analysts said that nearly $450 billion in commercial real estate loans are...
JPMorgan analysts said that nearly $450 billion in commercial real estate loans are set to mature in 2023, 60% of which are held by banks.
Of that batch, almost a quarter will default, JPMorgan estimates, which could imply roughly $38 billion in losses for banks.The potential problems echo the 2008 Financial Crisis when plummeting property values tipped the economy into a deep recession. But this time around, it is commercial rather than residential real estate that may be in trouble.
Enbridge's Line 5 tunnel project hits regulatory snag
The US Army Corps of Engineers has extended the review schedule for Enbridge's proposed ...
The US Army Corps of Engineers has extended the review schedule for Enbridge's proposed $500 million Line 5 tunnel project beneath Michigan's Straits of Mackinacby more than a year, with completion of a draft environmental impact statement now expected in spring 2025. Enbridge expressed disappointment over the revised timeframe and warned that construction of the project won't begin until 2026 at the earliest.
