| US SEC Preparing To Scrap Quarterly Reporting Requirement Mar 17th 2026, 16:00 by BeauHD The U.S. SEC is reportedly preparing a proposal to make quarterly earnings reports optional, potentially allowing companies to report results just twice a year. "The proposal could be published as soon as next month," reports Reuters, citing a paywalled report from the Wall Street Journal, adding that "regulators are in talks with major exchanges to discuss how their rules may need to be adjusted." Reuters reports: The SEC will vote on the proposal once it is published, after a public comment period which typically lasts at least 30 days, the report said. The WSJ report added that the rule is expected to make quarterly reporting optional and not eliminate it altogether. The proposed change in the reporting standard would allow listed companies to publish results every six months instead of the current mandate to report figures every 90 days. Trump, who first floated the idea in his first term as president, has argued the change in requirements would discourage shortsightedness from public companies while cutting costs. Skeptics, however, caution delaying disclosures could reduce transparency and heighten market volatility.   Read more of this story at Slashdot. | | Asteroid Ryugu Has All of the Main Ingredients For Life Mar 17th 2026, 15:00 by BeauHD Samples from the asteroid Ryugu contain all five nucleobases -- the key building blocks of DNA and RNA. "This strengthens the idea that asteroids may have brought the ingredients for the first living organisms to Earth long ago," reports New Scientist. From the report: Japan's Hayabusa 2 spacecraft visited Ryugu in 2018, where it shot two projectiles -- one small and one large -- into the surface of the asteroid and collected the resulting debris. It arrived back at Earth with the samples in 2020 and researchers have been analyzing these in detail ever since. Yasuhiro Oba at Hokkaido University in Japan and his colleagues examined two samples, one from the asteroid's surface and one comprised of subsurface materials excavated by the projectiles. In both, the team found all five primary nucleobases, which are the compounds that make up the nucleic acids DNA and RNA when combined with sugars and phosphoric acid. This isn't the first time that nucleobases have been found in asteroid samples: they have been seen in meteorites, too, and in samples from the asteroid Bennu. The researchers did find different abundances of the various nucleobases among the various samples, though, which hints that these compounds might be useful for tracing asteroids and meteorites back to the parent bodies that they broke off from in the distant past, as well as understanding the evolution of those parent bodies over time. The findings have been published in the journal Nature Astronomy. Read more of this story at Slashdot. | | Bills Would Ban Liability Lawsuits For Climate Change Mar 17th 2026, 11:00 by BeauHD An anonymous reader quotes a report from Inside Climate News: Republican lawmakers in multiple states and Congress are advancing proposals to shield polluters from climate accountability and prevent any type of liability for climate change harms -- even as these harms and their associated costs continue to mount. It's the latest in a counter-offensive that has unfolded on multiple fronts, from the halls of Congress and the White House to courts and state attorneys general offices across the country. Dozens of local communities, states and individuals are suing major oil and gas companies and their trade associations over rising climate costs and for allegedly lying to consumers about climate change risks and solutions. At the same time, some states are enacting or considering laws modeled after the federal Superfund program that would impose retroactive liability on large fossil fuel producers and levy a one-time charge on them to help fund climate adaptation and resiliency measures. But many of these cases and climate superfund laws could be stopped in their tracks, either by the conservative majority on the U.S. Supreme Court or by the Republican-controlled Congress. Last month the court decided to take up a petition lodged by oil companies Suncor and ExxonMobil in a climate-damages case brought against the companies by Boulder, Colorado. The petition argues that Boulder's claims are barred by federal law, and if the justices agree, it could knock out not only Boulder's lawsuit but also many others like it. The court is expected to hear the case during its upcoming term that starts in October. There is also a possibility that Republicans in Congress will take action before then to gift the fossil fuel industry legal immunity, similar to that granted to gun manufacturers with the 2005 Protection of Lawful Commerce in Arms Act. Sixteen Republican attorneys general wrote (PDF) to U.S. Attorney General Pam Bondi in June suggesting that the Department of Justice could recommend legislation creating precisely this type of liability shield. And last month, one Republican congresswoman announced that such legislation is indeed in the works. "The ultimate democratic institution in America is the jury," said former Washington Gov. Jay Inslee. Enacting policies that prevent or block climate-related lawsuits against polluters, he said, would effectively shutter "the doors of the courthouse to Americans that have been injured by oil and gas company pollution and by their lies and deceit about that pollution." "I really think it's an un-American effort to deny Americans the traditional right of access to a jury," Inslee said. Oil and gas executives are "terrified" by the prospect of having to stand before a jury and face evidence of their climate-change lies and deception, he added. "You'll see the steam coming out of the jury's ears when they hear about how they've been lied to for decades. [Oil companies] understand why juries will be outraged by it, and they are shaking in their boots. The day of reckoning is coming, and that's why they're afraid." Read more of this story at Slashdot. | | Hydropower Line From Quebec Could Power a Million NYC Homes Mar 17th 2026, 07:00 by BeauHD The Champlain Hudson Power Express, a $6 billion, 339-mile buried transmission line, will soon deliver Canadian hydropower from Hydro-Quebec to New York City. The project could supply up to 20% of the city's electricity and power roughly one million homes throughout the year. "This is far and away the largest project I have ever worked on," said Bob Harrison, who has worked in infrastructure for 40 years and is the head of engineering for the Champlain Hudson Power Express. "We like to say it's the largest project you'll never see." The New York Times reports: The massive power project, expected to provide energy to a million New York City customers a year, travels underground and underwater, from the northern plains at the Canadian border to the filled-in marshlands of coastal Queens, much of it loosely following the Hudson River. Its construction included the underwater installation of more than two million feet of cable imported from Sweden. It also required special boats, loaded with equipment that could shoot water jets deep into the sediment, to create trenches for the cable. Then, when it came to placing cable beneath the landscape, more than 700 land-use easements were needed, plus an additional 1.55 million feet of cable. The Champlain Hudson Power Express has found a way to plug into the city, but it wasn't easy. The work included 10 new manholes and more than three miles of new underground circuitry, according to Con Edison, the city's primary electricity provider. "It was literally a hand weave under the streets of Queens," said Jennifer Laird-White, the head of external affairs for Transmission Developers. The hydropower travels from Canada via two buried cables that are as round as cantaloupes. Those lines snake for hundreds of miles under a lake, several rivers (including the Hudson for about 90 miles) and through buried trenches alongside train tracks and roads. The cables resurface in Astoria, Queens, where a converter station shapes, filters and refines the raw power into a product that New Yorkers can consume. In two cavernous rooms that could be mistaken for "Star Wars" sets, the electricity flows through 30 hanging structures encased in what look like metallic, dinosaurlike exoskeletons. Each one weighs about as much as a small humpback whale and contains microprocessors, thousands of valves and fiber wires. "I am still wowed when I walk into that facility," said Mr. Harrison, the engineer. "I mean, it is just mind-boggling." Read more of this story at Slashdot. | |
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