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World Bank head says he's not a climate denier, won't quit

6 days ago   |   By Stl Today

World Bank President David Malpass says he won't resign after coming under criticism for his remarks earlier this week regarding climate change. At an event sponsored by The New York Times, Malpass wouldn't answer directly when asked whether the burning...
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Climate activists want Biden to fire the head of the World Bank. Here's why

Climate activists want Biden to fire the head of the World Bank. Here's why

6 days ago   |   By NPR

Climate activists have never liked Trump-appointed World Bank President David Malpass. But this week, his comments on climate change fueled calls for President Biden to make a change. (Image credit: Olivier Douliery/AFP via Getty Images)
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World Bank president says won't resign over climate remark

World Bank president says won't resign over climate remark

6 days ago   |   By Chron

WASHINGTON - World Bank President David Malpass said Friday he won't resign after coming under criticism for his remarks earlier this week regarding climate change.
At an event sponsored by The New York Times on Tuesday, Malpass wouldn't answer directly when asked whether the burning of fossil fuels has contributed to global warming. Instead, he said, “I am not a scientist.”
In an interview with Politico Friday, Malpass said he wouldn't resign, and that he hasn't been asked to do so by any of the bank's member governments. He acknowledged he should have done a better job responding to...
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Biden is considering ousting Trump's climate-skeptical head of the World Bank

6 days ago   |   By Fortune

David Malpass deflected a question on climate change's causes, saying, “I'm not a scientist.” Now the Trump nominee is apologizing.
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Unpaid internships face new scrutiny as barriers to careers

Unpaid internships face new scrutiny as barriers to careers

Unpaid internships are facing new scrutiny from colleges, state lawmakers and student activists. Nearly half of all internships are unpaid, putting them out of reach for... Read more ...

HSBC invests in Singapore's customer intelligence and risk assessment startup

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Stocks making the biggest moves premarket: Nike, Micron, Amylyx and others

Names on the move ahead of the open. Read more ...

It's time to buy this residential generator leader trading at attractive...

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Buzz Lightyear To The Rescue? Space Ranger Set To Become Christmas Best...

Could Buzz Lightyear be a best-seller 26 years on? With more than a hint of nostalgia, Play-Doh and Barbie are also brands that toy retailer Hamleys are predicting will be the... Read more ...

Corporate Bond Doomsayers Are a Little Premature

Even if a recession is coming, it could be a while until the trouble hits companies' ability to meet their debt obligations. Read more ...

UK's Truss meets with fiscal watchdog amid economic crisis

UK's Truss meets with fiscal watchdog amid economic crisis

British Prime Minister Liz Truss and her Treasury chief have met with the independent Office of Budget Responsibility amid efforts to ease concerns about unfunded tax cuts that... Read more ...

One of BlackRock's most senior executives said transitioning to a low-carbon...

Hi. Aaron Weinman here. BlackRock's bullish stance on all things environmental, social, and governance has drawn criticism from a number of politicians, both conservative and... Read more ...

I went inside the Starbucks 'cupping room', where employees taste 100 cups...

Mary Meisenzahl/Insider Starbucks invited me to visit the cupping room in its Seattle headquarters. Cupping is a coffee industry practice where experts test cups of coffee for... Read more ...

New coin designs for King Charles III released

The 50p coin, which will be in circulation before the end of the year, shows the new king without a crown and facing left. Read more ...