Shares closed mixed as investors assessed the flood of profits

US stocks recovered heavy losses to close mixed on Wednesday after lackluster expectations from Microsoft (MSFT) and other companies announcing earnings weighed on the market for most of the session. The S&P 500 (^GSPC) was just below flat, while the Dow Jones Industrial Average (^DJI) turned positive, capping the day just above break-even. The technology-heavy … Read more

‘It was like a river’: Flood insurance is often beyond the reach of Bay Area residents who need it most

“That will be the first thing we work on,” she said. The recent storms that hit California have especially hit places like Rollingwood and other low-income communities where few homeowners have flood insurance. And while homeowners insurance may cover property damage due to rain and wind, it rarely covers flood damage. Despite a neutral rating … Read more

Water gauges to be installed upstream of the Menindee Lakes after the Darling River has flooded

Twenty gauges will be installed to better monitor water flow in response to flooding in Menindi, according to the New South Wales government. the main points: Construction of five gauges has already begun, according to the New South Wales Minister for Water The gauges will provide timely water flow information Each scale will cost between … Read more

Seoul launches Metaverse-based counseling services for students who struggle in school

[Courtesy of Yatavent] SEOUL — A metaverse-based counseling platform will be adopted in Seoul to help young students maintain their composure while facing various kinds of struggles such as academic concerns and friendship problems. Without revealing their faces, students can communicate with teachers using avatars that are able to recognize different emotions. Amid the coronavirus … Read more

High flows from the Murray to Korng are causing new wetland problems after years of low flows

Migratory birds from all over the world flock to the internationally important Coorong in South Australia made famous by the movie Storm Boy. the main points: High flows from the Murray River flooded the nesting sites with more nutrients and lower than normal salinities Scientists say the flow of water into wetlands needs to be … Read more

BackBM is seeking $8 billion in flood aid at the United Nations conference in Geneva

Islamabad / Geneva: Pakistani Prime Minister Shehbaz Sharif on Monday asked the international community for $8 billion in assistance over the next three years to meet funding needs for the rehabilitation and reconstruction of areas hit by last year’s disastrous floods that killed 1,739 people and affected 33 million. Addressing the opening session of the … Read more