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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Inside the Massive and Costly Fight Against the Dixie Fire

  
NYTimes.com - 10.11.2021 Original article ›
Brent Mc Donald, Sashwa Burrous, Eden Weingart, Meg Felling
LyrArc Article Gist
The NYT looks inside the fight against a million acre fire in California. Fires were fought in previous years against hundred thousand acre fires. A million acre fire is something else. It cost $610 million over 3 months to fight the Massive Dixie fire in California, according to the head of CalFire. It took thousands of personnel, hundreds of bulldozers, aircraft and other equipment to fight the fire. Can the cost of fighting so many large fires be met in the future? Australia and California, Greece and other part of the world experienced unprecedented level of fires in 2021.

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French pharma giant Sanofi to produce rivals’ Covid vaccines

  
The Times - 01.27.2021 Original article ›
Charles Bremner, Paris
LyrArc Article Gist
"Its a sign of the decline of the country, and this decline is unacceptable," says a key Macron ally, Francois Bayrou, who heads long term state planning. France lacks a vaccine developed by its scientists. France was a leader in vaccine technology and the world looked up to France for new medical breakthroughs. Something has gone wrong and this is causing soul searching in France and friendly countries. 

The Pasteur Institute was a leader in medical science. It has failed to develop a vaccine. Sanofi says it will be the end of the year 2021 when a vaccine is developed.

 

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Original article 1 minute, gist 1 minute

In Russia, Some of the World’s Biggest Polluters Are Going Green

  
WSJ - 06.25.2021 Original article ›
Thomas Grove, Georgi Kantchev
LyrArc Article Gist
New regulations from the European Union and an order from president Putin asking industry to cut emissions to below EU levels by 2050 are pushing companies to reduce emissions. Russian companies are pushing to be greener. Russia emitted 11.3 tons of carbon dioxide per capita in 2017, compared to 7 tons for the European Union, according to Oxford University. An EU plan that could come into effect in 2023 could affect 40% of Russian exports because of emissions, costing $5 billion, according to the Russian central bank. Companies in steel, aluminum, petrochemicals, are investing in new plants that reduce emissions or are carbon neutral.

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Original article 6 minutes, gist 1 minute

How Gareth Southgate turned that 1996 penalty miss into a hit formula

  
The Times - 07.03.2021 Original article ›
Matthew Syed
LyrArc Article Gist
This story in The Times shows how Gareth Southgate has rebounded from a penalty miss in Euro Soccer 1996 playing for England. After 25 years Southgate is back inspiring his players to take the English team to the quarter finals of Euro Soccer in 2021, and with a win against Ukraine can put it in the top 4 teams. He is shown as a learner with humility and respect for other people who helped him develop as a person and a player. He is seen as someone who believes in sharing success with others who helped make it happen and unlike  other egocentric coaches. 

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Original article 1 minute, gist 1 minute

Covid sparks biggest fall in life expectancy since second world war

  
The Financial Times - 09.27.2021 Original article ›
LyrArc Article Gist
American men took the biggest hit for life expectancy in an Oxford University study, with life expectancy dropping by 2.2 years in 2020. American women life expectancy dropped by 2.65 years. Lithuanian men had a decline of 1.7 years. This is the largest decline going back to the days of the Great Depression in the 1930's

Elsewhere in Europe, life expectancy declined in many countries for the first time since the Second World War. This happened in Spain, Italy, England, Wales and Belgium. Women in 8 countries and men in 11 countries had drops in life expectancy over more than 1 year.

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Original article 1 minute, gist 1 minute

China Turns on the Charm for Foreigners but Its Allure Has Faded

  
WSJ - 03.18.2024 Original article ›
Liza Lin In Singapore, Yoko Kubota In Beijing
LyrArc Article Gist
Invest in China and visits to China promoted by PM Li Qiang with easier to get China visas is not getting the response China would have liked to get. Zero covid efforts and anti-espionage campaign has created some distrust. South Korea with 300,000 people in China has seen registration numbers drop to 200,000. Britain by half from 40,000 to 20,000, Japan by 10% from 100,000 to 90,000, and France by about 20% from 40,000. China gave out 711,000 residence permits to foreigners in 2023, a 15% decline over 2019, yet for short distance permits that include business travelers the drop was by about two thirds. 

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Head of World Bank under pressure after White House condemns his ‘climate denial’ comments

  
The Guardian - 09.25.2022 Original article ›
LyrArc Article Gist
Issues of lack of leadership on climate change that face David Malpass, head of the World Bank are discussed in this report in The Guardian. The Biden administration sees this as a problem because of the need for strong leadership and action in developing countries on climate change, and for financing to support this. Malpass was selected by president Trump for this position and Mr. Trump is known for taking the US out of the Paris Climate change Accords. The climate change related floods, drought and fires in 2022 have created anew awareness of the need for strong action worldwide by all institutions and world leaders.

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California Governor Signs Fast Food Bill, Opening Way to Higher Wages

  
WSJ - 09.05.2022 Original article ›
Christine Mai Duc, Heather Haddon
LyrArc Article Gist
The fast food industry in US relies on the franchise model which has been deeply affected by depressed wages, poor working conditions and other worker abuses. Governor Gavin Newsom signs into law on Labor Day 2022, the FAST Recovery Act which established a state council tasked with setting wage standards for the entire franchise and food industry. Workers will now get a seat at the table to set standards for wages, and health and safety standards for the industry. Wages will be set at $22 per hour starting next year for about half a million workers in the franchise and fast food industry in California.

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Sandra Day O’Connor Is Celebrated as a ‘Trailblazer’

  
NYTimes.com - 12.12.2023 Original article ›
Emily Schmall, Victor Mather
LyrArc Article Gist
Supreme Court Justice Sandra Day O'Connor from Arizona was a pioneer of women's rights in the workplace, and had her own struggles before being the first woman appointed to the US Supreme Court. Born on a vast 200,000 acre cattle ranch in El Paso she was much of a cowgirl. She is considered to have blazed a trail for other women through her life and work. She was appointed by Reagan in 1981 and served till 2006. In 1952 when she graduated from law school at Stanford women had a hard time working in the legal profession.

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The Trick to a Great Marriage: Vacation Without Your Partner

  
WSJ - 01.22.2024 Original article ›
Allison Pohle
LyrArc Article Gist
Solo travel for married men or women is a growing trend. Most solo travelers who are married are women who enjoy the freedom of independent travel. In 2023 such solo travel increased by 46%. Women are keen on seeing the world when their partners are not interested in this kind of travel destination. Solo travel means not having to schedule something with another person, being able to go where one feels is right, and meeting people, making new friends. One partner having more flexible schedule has added to the trend to venture out independently to see new places, new cultures and new people.

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U.S. stalls gas export projects that activists say are ‘climate bombs’

  
Washington Post - 01.26.2024 Original article ›
LyrArc Article Gist
Nine LNG terminals many of them on the Gulf Coast are put on hold by the Biden administration in an effort to balance the needs of tackling climate change and the need for natural gas supplies to reduce the cost of winter heating. The supplies to European Union will not be affected, as these supplies vital to the EU after the halt of supplies from Russia will be handled on an exception basis. This also meets the growing concern of young people who see expanding fossil fuel investment as an issue at a time of dangers of climate change that were visible in 2023.

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Original article 8 minutes, gist 1 minute

CPI Report Shows U.S. Inflation Eased in November

  
WSJ - 12.13.2022 Original article ›
Gwynn Guilford
LyrArc Article Gist
US inflation eases to 7.1% in November after the aggressive action by the US Fed under Jay Powell. The Labor Department reported that the CPI index was up 7.1% over a year ago. It peaked at 9.1% in June and was up 7.7% in October 2022. Gasoline prices which peaked at $5.26 a gallon in June are now at $3.50. Supply bottlenecks in June have also eased. Economists say there is still more room for inflation to fall as housing prices moderate and supply chains return to normal. A tight labor market and consumer purchases with higher wages have also fueled inflationary price increases.

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Apple, Microsoft Dominate U.S. Markets After FAANG Trade Fizzles

  
WSJ - 03.22.2023 Original article ›
Hardika Singh
LyrArc Article Gist
Apple and Microsoft make up 13.3% of the S&P 500. Apple makes up 7.1% of S&P 500. Other tech stocks such as Netflix, Google, Facebook and Amazon have lost value. Apple and Microsoft are the only two stocks that have gained ground. One has to go back to IBM and AT&T in 1978 to see two stocks with a significant share in the S&P 500. During the banking crisis Apple and Microsoft have acted as havens in the stock markets. Both energy and banking stocks have lost value. Tech stocks lost value in 2022 and are regaining some ground.

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Britain needs a growth plan, not magical thinking | Observer editorial

  
The Guardian - 11.26.2023 Original article ›
LyrArc Article Gist
The Observer in Britain says Jeremy Hunt's Tory tax cuts will result in further cuts to essential public spending in health and education, and public services to the disadvantaged. Without the funding to improve public infrastructure Britain is getting locked into a painful low growth future. Households are on average 1900 pounds poorer by the end of this parliament compared to December 2019, and weekly earnings will not reach 2008 levels till a full twenty years later in 2028, says The Observer. This is the extent of the damage done by the Tory governments of Cameron, Johnson and Sunak.

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Rafael Nadal Wins the Australian Open, His 21st Grand Slam Title

  
NYTimes.com - 01.30.2022 Original article ›
Christopher Clarey
LyrArc Article Gist
Rafael Nadal makes a remarkable comeback to beat Medvedev after losing the first two sets in the 2022 Australian Open tennis tournament. The match lasted 5 hours till 1 am the next day. Nadal says "Being honest one month and a half ago, I did not know if I will be back on the tour plying tennis again... you don't know how much I fought to be here." Nadal is one of the of the most resilient players in sports having comeback from difficult situations repeatedly, as he gives his all down to the last point regardless of the score. 

 

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Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges

  
WSJ - 08.21.2023 Original article ›
Dave Michaels
LyrArc Article Gist
The US Justice Department imposes a $225 million fine on Teva Pharmaceutical and requires it to sell its Pravastatin drug line as part of a deferred prosecution settlement on price fixing charges. The  public was overcharged by $350 million according to a 2020 indictment. Collective fines on price fixing charges in the generic rugs industry amount to $680 million reports WSJ. Teva will also have to donate $50 million to needy patients. This is another way the Biden Justice Department is bringing down the cost of living by keeping a close eye on drug costs pushed up by illegal price fixing. 

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Shrinking California Still Dreams, but More Modestly

  
NYTimes.com - 08.27.2023 Original article ›
Corina Knoll
LyrArc Article Gist
California is looking at population decline as it becomes a less attractive place to live with housing increasingly inaffordable, a split between low and high income population and fewer middle class, wildfires. As rents jump the median sale price of a single family home reaches an astounding $830,000.Corina Knoll of the NYT looks at the problems facing California as more people decide to leave the state and population drops to 39 million. California lost a Congressional district in the 2020 census and more could be lost in future. The swing in conditions between floods and wildfires has affected the environment.

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Jeep Maker Stellantis Says It Lost $3 Billion of Revenue Due to UAW Strike

  
WSJ - 10.31.2023 Original article ›
David Sachs
LyrArc Article Gist
Stellantis reports a loss of $750 million on sales of 41 billion euros for third quarter 2023. As a company with operations distributed evenly all over the world Stellantis suffered smaller losses than GM and Ford. GM's losses of profit were $1.3 billion and Ford's $800 million. From the point of view of workers who want a settlement for fair wages in a cost of living crisis keeping losses sustained by the car company to a minimum so that the industry as a whole does better is important, because when the companies do better so do workers and management. 

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Biden wants network of 500,000 EV chargers. Two states are getting a head start.

  
Washington Post - 11.11.2023 Original article ›
LyrArc Article Gist
In 2023 there are 4.3 million electric vehicles on American roads and 150,000 public charging ports. President Biden's goal is for 50% of cars to be EV's by 2030 with 500,000 public charging ports. The National Renewable Energy Laboratory affiliated with DOE forecasts need for 1 million charging ports. Ohio and Pennsylvania are leading the way in a slow start with other states joining in. A single public charging port can cost about $150,000. It will cost $31 billion to $55 billion to build the public portion of a national charging network. About $24 billion is planned investment.

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Original article 7 minutes, gist 1 minute

The smog choking this Indian city is visible from space

  
Washington Post - 11.11.2023 Original article ›
LyrArc Article Gist
Air quality index for PM2.5- particulate matter 2.5 extremely hazardous- reached 285 on November 9, 2023. The thick smoke was visible on NASA satellite imagery. Much of it come from burning of paddy rice straw after the rice harvest in states of Haryana and Punjab near New Delhi. Governments at the federal level and state levels have failed to stop the burning of stubble. The fire smoke adds to pollutants from industrial activities, and pollution from cars and buses. The first week of November and last week of October was when fire activity happened this year, delayed after monsoon rains.

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Original article 4 minutes, gist 1 minute

Congestion Pricing’s Billions to Pay for Nuts and Bolts of Subway System

  
NYTimes.com - 05.06.2024 Original article ›
Winnie Hu
LyrArc Article Gist
Of the $12 billion in planned improvements for NY subway infrastructure this year only $2.9 billion will be spent in 2024. Congestion pricing is expected to generate $15 billion which is allocated to fund NY subway infrastructure. Lawsuits from the Governor of New Jersey and others now affect how much money goes into the subway improvements. This is not for a modernization of the NY Subway which would cost much more. It shows how year after year essential infrastructure is being starved of funding even as money gets allocated to non essential investments by capital markets in the US, and waste is rampant in capital market investments.

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How much are rents going up? See how prices have changed in your area.

  
Washington Post - 08.01.2024 Original article ›
LyrArc Article Gist
Color maps of home rental price increases by county regions in the US are shown in this report in the Washington Post. Though rent prices increased by 19% since 2019 prices increased for rent by only 1% in 2024, according to Washington Post analysis of rent data from CoStar Group. See how rents have increased by county regions in color maps. Price increases are cooling off, in some cases declining, says this report. US president Biden has proposed a limit of 5% for increases in home rentals. Vice President Kamala Harris has proposed help for families paying more than 30% of household income for home rentals.

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Original article 5 minutes, gist 1 minute

Insurance and Taxes Now Cost More Than Mortgages for Many Homeowners

  
WSJ - 12.24.2024 Original article ›
Nicole Friedman
LyrArc Article Gist
In 2024 one third of the mortgage payment is the average cost of insurance and taxes. Insurance went up with natural disasters fires and floods, taxes go up as home prices surge as they have in 10 years without enough new housing being built.

 For half of people in 5 major Metro areas, Rochester and Syracuse in NY, Omaha in Nebraska, New Orleans, and Miami, at least a quarter of borrowers spend more than half of their mortgage payment in insurance and taxes. Nationwide in US 9%, up from 4% in 2014 spend more than half of their mortgage payment on insurance and taxes.

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Wisconsin Trump Stop

  
Wall Street Journal - 04.06.2016 Original article ›
Editorial
LyrArc Article Gist
This editorial in the WSJ in April 2016 points to Donald Trump's negative perceptions among women at above 75% that make him a bad choice as Republican nominee in 2016.
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Deutsche Bank to Pay $202 Million to Settle Suit

4 Groups   
Wall Street Journal - 05.11.2012 Original article ›
Ben Fox Rubin, Ben, Fox, Rubin, Dan Fitzpatrick, Dan, Fitzpatrick

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