Forests are massive carbon sinks, and the U.S., alongside other developed countries, are donating large sums of money to protect these carbon-rich landscapes from deforestation.

We only need the SDGs because we screwed up.

Responding to climate risk and seizing the opportunities surrounding clean energy are two vital next steps.


Wall Street Journal

Novartis Warns on Profit as Heavy Investment in Entresto Weighs
Wall Street Journal
Swiss pharmaceutical giant Novartis AG NVS 0.53 % cautioned that its profit could fall this year due to heavy investment in its new heart-failure drug Entresto, after reporting a drop in net profit for the second quarter amid currency headwinds. The
Novartis Second-Quarter Earnings, Revenue Fall Less Than ForecastTheStreet.com
Novartis says 2016 core operating profit may slipReuters
Novartis Says 2016 Profit May Drop on Entresto Costs, GleevecBloomberg
News On 6 –Financial Times –RTT News
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Reuters

Oil prices fall on oversupply concerns despite output cuts
Reuters
SINGAPORE Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories. Crude prices fell more than 1 percent in the previous
Fear of a glut in supply keeps the pressure on crude pricesMarketWatch
Oil Prices Fall on Product GlutWall Street Journal
Oil Drops as Flows Unhindered Following Coup Attempt in TurkeyRigzone
Seeking Alpha –StreetInsider.com –Nasdaq –FuelFix (blog)
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Reuters

Asian shares dip, crude oil extends losses
Reuters
TOKYO Asian shares slipped on Tuesday as a downturn in crude oil curbed enthusiasm from fresh record highs on Wall Street, prompting investors to take profits on recent market gains. The subdued mood was expected to extend into European trading, with …
Asian Currencies Slip for Second Day in a RowWall Street Journal
Europe Index Futures Slide as Aussie, Kiwi Sink on Rate-Cut BetsBloomberg
Asian Markets Exhibit Mixed TrendNasdaq
Financial Times –The Australian Financial Review –The Star Online
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Seeking Alpha

Herbalife: Don't Fight The Tape
Seeking Alpha
Although the market reacted positively to news of Herbalife's FTC settlement, several Seeking Alpha analysts argued the market got it wrong. We note that our website, which draws on the wisdom of crowds, was bullish on Herbalife. We also discuss why …
Herbalife charged with deceptive practices, agrees to $200 million settlement, changesKFOX El Paso
Herbalife supporters, detractors pitch case about its futureWinston-Salem Journal
Egg On Pershing Square's Herbalife ShortForbes
Fortune –Courthouse News Service –Stuff.co.nz –Yahoo Finance
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New York Times

Netflix Disappoints Wall Street as Subscriber Growth Slows
New York Times
Reed Hastings, chief of Netflix, in January. On Monday, he apologized for volatility in the company's stock. “I know it's not easy on everyone,” he said. “The big picture is very much intact, and we're very excited about it.” Credit Robyn Beck/Agence …
Netflix: Buy On The Drop?Seeking Alpha
Netflix Reports Sharp Slowdown in User GrowthWall Street Journal
Netflix Stumbles on Path to World Domination With Price HikeBloomberg
CNET –CNBC –MarketWatch –USA TODAY
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The Detroit News

Fiat Chrysler 'cooperating' with federal investigators
The Detroit News
Fiat Chrysler Automobiles NV is reportedly under investigation by several federal agencies, including the U.S. Justice Department for fraud. Loading… Post to Facebook. Fiat Chrysler 'cooperating' with federal investigators Fiat Chrysler Automobiles NV
Feds probe Fiat Chrysler over bogus sales reportsMarketWatch
Feds Investigate Fiat Chrysler Over Car SalesNPR
Fiat Chrysler Auto Sales Probed by Justice Department, SECBloomberg
Detroit Free Press –The Boston Globe –Reuters –NBCNews.com
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New York Times

Yahoo Revenue Falls 15 Percent and Profit Drops 64 Percent
New York Times
Marissa Mayer, Yahoo's chief executive, at a conference in February in San Francisco. Credit Stephen Lam/Getty Images. SAN FRANCISCO — As Yahoo accepted the final bids for its core business on Monday, the internet company revealed just how badly …
Yahoo Posts Another Loss, Highlighting Hurdles for Potential BuyersWall Street Journal
Yahoo's (YHOO) CEO Marissa Mayer on Q2 2016 Results – Earnings Call TranscriptSeeking Alpha
Yahoo misses profit expectations in what could be its last-ever earnings reportWashington Post
USA TODAY –Reuters –CNNMoney –CNET
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