Home Blog

Elon Musk is smart — but he doesn’t understand ESG, tech CEO says

Electric-vehicle maker Tesla was recently removed from the S&P 500's ESG Index.Elon Musk, the Tesla CEO, has described ESG as "a scam" that's been "been weaponized by phony social justice warriors."Discussions about ESG and goals connected to sustainability have become increasingly charged in recent years.

Elon Musk is smart — but he doesn’t understand ESG, tech CEO says

Electric-vehicle maker Tesla was recently removed from the S&P 500's ESG Index.Elon Musk, the Tesla CEO, has described ESG as "a scam" that's been "been weaponized by phony social justice warriors."Discussions about ESG and goals connected to sustainability have become increasingly charged in recent years.

From the Early Morning Sky, Shards of Hot Metal

SERHIIVKA, Ukraine — His forehead cut from his rescue efforts in the rubble of a hotel in this sleepy southern resort town, Oleksandr Mararenko carried out the bodies of a woman and child early Friday morning after a Russian missile attack.

“I could not even tell if the child was a boy or a girl because the body was so dismembered,” he said, as he pulled a helmet down to return to his bleak task.

The missiles, likely fired from the Black Sea, tore through the Godji Hotel and an entire section of a nine-floor apartment building, killing at least 21 people in one of the deadliest attacks on civilians since the war in Ukraine began more than four months ago. Rescue workers sifted through the debris for victims or, just possibly, survivors, for many hours after the attack.

Ill-Prepared for Combat, Volunteers Die in Battles Far From Home

RUDNE, Ukraine — Yurii Brukhal, an electrician by trade, didn’t have a very dangerous role when he volunteered for Ukraine’s territorial defense forces at the start of the war. He was assigned to make deliveries and staff a checkpoint in the relative safety of his sleepy village.

Weeks later, his unit deployed from his home in the west to a frontline battle in eastern Ukraine, the epicenter of the fiercest fighting against Russian forces. He was killed on June 10.

Andrii Verteev, who worked in a grocery store in the village, spent the first months of the war guarding a small overpass after work and returning home to his wife and daughter at night. Then he, too, volunteered to head east. He died in battle in Luhansk, just weeks before Mr. Brukhal.

London Modern and Contemporary Auctions: A Market Minus the Froth

This week, while some of the world’s top tennis players were in action at Wimbledon, and war continued to rage in Ukraine, Christie’s, Sotheby’s and Phillips held their traditional summer week of marquee modern and contemporary art auctions in the British capital.

Headline auction prices quelled, for the moment, talk that London is losing ground to Paris as a hub for high-end art auctions: A sum of 30.1 million pounds with fees, or about $36.9 million, was paid twice in the same sale for two different Claude Monet paintings, and about $52.8 million purchased a Francis Bacon portrait of Lucian Freud. Last year, in the aftermath of Britain’s departure from the European Union, France’s share of global auction sales rose to 9 percent, while Britain’s shrank to 13 percent, according to the latest annual Art Basel & UBS Global Art Market Report.

Brittney Griner, Women’s Basketball Star, Goes on Trial in Russia

Brittney Griner arrived in Russia in February to play basketball, one of the sport’s biggest stars. She arrived in a courtroom outside Moscow on Friday as something else entirely — a potential bargaining chip in Russia’s tense standoff with the West over the war in Ukraine, described by supporters as a hostage of the Kremlin.

After more than four months languishing in a Russian prison, and speaking no Russian, Ms. Griner, 31, went on trial, accused of carrying into the country vape cartridges with traces — 0.7 grams, the prosecutor said — of cannabis oil. In a legal system that rarely finds defendants anything but guilty, she faces up to 10 years in a penal colony if convicted.

Ms. Griner’s arrest on Feb. 17 — a week before the start of Russia’s invasion of Ukraine — pulled her into the maw of geopolitics as President Vladimir V. Putin faced a determined Western effort to help Ukraine fight back. She has been touted in Russian state media as an asset who could be traded for a Russian arms dealer sitting in an American prison.

Tropical Storm Bonnie Makes Landfall in Nicaragua

Tropical Storm Bonnie became the second named storm of the 2022 Atlantic hurricane season on Friday, amping up to nearly 50 miles per hour before making landfall in southeastern Nicaragua late in the day.

By Friday, the storm had strengthened slightly and moved into the southwestern Caribbean Sea. Bonnie further strengthened before making landfall on Friday night near the Nicaragua-Costa Rica border, where tropical storm warnings were in effect, according to the National Hurricane Center. The storm, which was traveling at 16 m.p.h., was expected to move through the area into Saturday.

While the system was forecast to weaken when crossing over Central America, it was expected to restrengthen once it reaches the warmer waters of the eastern Pacific Ocean on Saturday.

More Mexicans Are Migrating to the U.S. After a Decade-Long Drop

SAN MARCOS ATESQUILAPAN, Mexico — The teenage brothers were among some 80 young men who had left San Marcos in the last two months, a growing exodus from this impoverished village of 1,600 that sits in the lush mountains of Veracruz state.

On Monday at around 11 a.m., Yovani jubilantly texted his father from the American side of the border: “Dad, now we’re going to San Antonio.”

That was the last their family heard from Jair, 19, and Yovani, 16. Their parents fear, though there has been no official confirmation, that their sons were among the 53 migrants found dead Monday afternoon inside the back of a tractor-trailer in San Antonio, asphyxiated in the scorching heat of the Texan desert.

Did the ‘Freedom Convoy’ Change the Meaning of Canada’s Flag?

Whether you were in Surrey, British Columbia, or Coutts, Alberta, or Windsor, Ontario — or, especially, if you were in Ottawa — you saw a sea of red-and-white Canadian flags rippling in the winter wind during this year’s protests against the federal government and pandemic mandates, known to some as the “Freedom Convoy.”

Biden Endorses Ending Filibuster to Codify Abortion Rights

MADRID — President Biden on Thursday condemned what he called the “outrageous behavior” of the Supreme Court in overturning Roe v. Wade and said for the first time that he supported ending the filibuster to protect a woman’s right to an abortion and a broader constitutional right to privacy.

It was a striking assertion from a president who is steeped in the traditions of the Senate and has resisted calls from the liberal wing of the Democratic Party to scrap the longstanding Senate practice of requiring a 60-vote threshold to pass legislation. But in chiding the justices for a decision he called “destabilizing” for the country, the president said it was time to push Congress to act.

“We have to codify Roe v. Wade in the law, and the way to do that is to make sure the Congress votes to do that,” Mr. Biden said. “And if the filibuster gets in the way, it’s like voting rights, we provide an exception for this, or an exception to the filibuster for this action.”