Potential buyers continue to flood into model homes across the country, and that has made builders feel better about their business than in more than 20 years. But rising timber prices could dampen the market’s momentum this fall. Building confidence in the newly built, single-family home market jumped six points …
Read More »Rare summer thunderclouds spark new wildfires in California
A firefighting helicopter (TOP) flew over the Lake Fire on August 12, 2020 in Lake Hughes, California. The fire, which quickly grew to 10,000 acres, burned in the Lake Hughes area of Angeles National Forest, causing forced evacuations and threatening structures. Mario Tama | Getty Images A rare summer thunderstorm …
Read More »Barrick Gold’s share grows after Buffett’s Berkshire public stake
Barrick Gold mining wool stone image | Getty Images Barrick Gold shares rose more than 7% in trading on Monday after legendary investor Warren Buffett’s Berkshire Hathaway revealed a stake in the gold miner. Buffett’s Berkshire Hathaway added a $ 562 million position in Barrick Gold in the second quarter, …
Read More »Amazon investigated by German watchdog for ‘price police’
A worker prepares packages for delivery in an Amazon warehouse in Brieselang, Germany. Sean Gallup | Getty Images Amazon is under investigation by German authorities for proven abuse of its market position during the coronavirus pandemic. The investigation, led by the German Federal Antitrust Bureau, looks at Amazon’s relationship with …
Read More »Russia’s fascist claims West is trying to “lure” scientists
A staff member at the Gamaleya Scientific Research Institute of Epidemiology and Microbiology of the Russian Ministry of Health, which produces a COVID-19 vaccine. Vyacheslav Prokofyev | TASS | Getty Images The head of Russia’s vaccine development agency has claimed that Western research institutes are trying to lure scientists away …
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