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Business Apr 06, 2026

JPMorgan CEO Jamie Dimon Calls for Stronger US Economic Alliances as Iran Conflict Fuels Oil Shock and Implicitly Rebukes Trump

In his annual shareholder letter, JPMorgan chief Jamie Dimon warned that weakening economic ties am…
Jamie Dimon, chairman and chief executive of JPMorgan Chase, used his highly‑watched annual letter to shareholders to press the White House to strengthen economic cooperation with U.S. allies, warning that a decline in shared prosperity could produce "truly adverse consequences" for democratic nations.His message arrives as the Iran‑Israel conflict enters its sixth week, a war that has already rattled global energy markets. Economists cited in the letter caution that prolonged fighting could push oil prices above $170 a barrel, a level capable of triggering a worldwide recession.Dimon’s appeal is widely read as a thinly‑veiled rebuke of President Donald Trump. Earlier this year, Trump filed a $5 billion lawsuit against Dimon and JPMorgan, accusing the bank of “de‑banking” him. The timing of Dimon’s comments—just days after Trump’s aggressive rhetoric urging foreign governments to "go get your own oil"—underscores the growing rift between the bank’s leadership and the administration."Economic weakening of the world’s democracies or a fragmentation of their economic bonds could lead to truly adverse consequences," Dimon wrote. He warned that adversarial states aim to make allies less dependent on the United States, potentially turning them into economic “vassals” of hostile regimes.Beyond geopolitics, Dimon highlighted the broader macro‑economic outlook. He warned that the war could generate "sticky" inflation, higher commodity prices, and disrupted supply chains, which together may force interest rates higher than markets currently anticipate. He echoed other economists in warning that inflation could rise rather than fall in 2026.Despite these challenges, Dimon expressed optimism about the U.S. economy, affirming his belief that "the American Dream is alive." He also turned to emerging technology, noting that artificial intelligence could deliver breakthroughs in healthcare, manufacturing, and safety, ultimately shortening the work week and extending life expectancy.Dimon’s annual letter—spanning nearly 50 pages and more than 20,000 words—remains a barometer for Wall Street sentiment. In it, he also critiqued the administration’s tariff policy, arguing that while tariffs have forced renegotiations, a comprehensive foreign‑economic strategy should promote growth both for the United States and its partners.As transatlantic relations strain under soaring energy costs and divergent trade policies, Dimon’s call for a coordinated economic front underscores a pivotal moment: the United States must decide whether to lead a cohesive democratic coalition or risk ceding influence to autocratic powers.
#dimon #trump #his
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Business Apr 06, 2026

Dozens of Companies at Risk of Losing B Corp Status After Standards Overhaul

The B Corp certification process has been overhauled, raising standards for companies to qualify. D…
The B Corp certification, a coveted ethical status for companies, has undergone its biggest overhaul in 19 years. B Lab, the organisation behind the certification, has raised the standards required to qualify, putting dozens of companies at risk of losing their status. Previously, companies could make up for poor performance in one area by scoring highly in another. However, the new system requires companies to meet 'non-negotiable' standards in every one out of seven categories, with attainment verified by a third-party audit. The overhaul has been partly motivated by changes to EU law that require companies boasting of any ethical standard, including B Corp status, to be rubber-stamped by an external organisation. Sources familiar with the process said that some of the 10,000 companies that have the status will need to improve ethical standards to recertify, which they must do every three years. Analysis by the Guardian of the publicly available B Corp database suggests hundreds are already at, or close to, the 80-point threshold required, even under the old, less onerous system. Of more than 2,000 UK B Corps, more than 60 score exactly 80 points, including the Kent-based digital marketing agency Sleeping Giant Media and VoucherCodes, a website that provides details of discount offers from leading brands. Larger companies will face more extensive requirements under the new standard, including declaring their tax policies and setting science-based emissions targets across all areas of the business. One source said the changes could even affect companies that now score highly, such as the private bank Coutts, which has a score of 107.6 and does not have to recertify until 2028. B Lab UK said: 'Our goal is not for every business to become a B Corp, but for every business to behave like one.'
#B Lab #Patagonia #Ben & Jerry's
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Politics Apr 06, 2026

Utah Shields Fossil Fuel Companies from Climate Damage Lawsuits

Utah has passed a law shielding fossil fuel companies from civil and criminal liabilities related t…
Utah has enacted a law that effectively shields fossil fuel companies from legal accountability for climate damages. The legislation, signed by Republican Governor Spencer Cox, limits the ability of residents to sue these companies for their role in contributing to climate change. The new law is part of a broader effort by the fossil fuel industry and its allies to secure legal immunity in statehouses and Congress. This push is aimed at countering a wave of litigation filed by states, subnational governments, and individuals who claim that fossil fuel companies knew their products would cause climate damages but sold them anyway. Critics argue that the law prioritizes profits for the biggest polluters over communities already suffering from climate impacts. The law requires challengers to provide 'clear and convincing evidence' that damage or injury has resulted directly from a violation, making it virtually impossible to successfully sue polluters for climate damages. The legislation was sponsored by Republican Representative Carl Albrecht, who has received funding from oil and gas interests. Albrecht's ties to the industry have raised concerns about the bill's motivations. The law closely mirrors a model policy called the Energy Freedom Act, circulated by the conservative group Consumers Defense, which has financial ties to a group linked to Leonard Leo, a key figure in the far-right takeover of the Supreme Court. The passage of Utah's law comes as climate lawsuits against big oil companies are inching closer to trial. Seventy cities, states, and individuals have sued energy majors for allegedly deceiving the public about the climate crisis. New York and Vermont have also passed climate 'superfund' laws requiring major polluters to pay for damages caused by their past planet-heating pollution. Lawmakers and advocates have amassed evidence that oil companies intentionally covered up the climate harms of their products. Climate science continues to warn that fossil fuels are the primary cause of dangerous global warming. Critics argue that the fossil fuel industry is pushing for immunity because it knows it cannot win on the merits of its case.
#Utah Legislature #ExxonMobil #Chevron
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Technology Apr 06, 2026

Artemis II Mission to Set New Distance Record with Lunar Flyby

The Artemis II mission is set to make history with a lunar flyby, exceeding the distance record set…
The Artemis II astronauts are on course to set a new distance record on Monday when they fly by the moon without stopping, then swing around for planet Earth. The crew consists of Reid Wiseman, Victor Glover, and Christina Koch of NASA, and Canadian Space Agency astronaut Jeremy Hansen.During the flyby, the astronauts will travel 5,000 miles (8,047km) beyond the moon, exceeding the distance record set by the ill-fated Apollo 13 mission in 1970. The Apollo 13 astronauts reached a maximum of 248,655 miles (400,171km) from Earth before making their turn, while the Artemis II crew is expected to exceed that by about 4,000 miles (6,437km).The Orion capsule's roughly six-hour flyby on Monday promises views of the moon's far side that were too dark or too difficult to see by the Apollo program astronauts who preceded them more than half a century ago. A total solar eclipse also awaits them as the moon blocks the sun, exposing snippets of shimmering corona.“We'll get eyes on the moon, kind of map it out and then continue to go back in force,” flight director Judd Frieling said. The astronauts will take turns capturing the lunar views out their windows and will be able to make out “definite chunks of the far side that have never been seen” by humans.Once the capsule rounds the moon, it will take four days to return to Earth. NASA is aiming for a splashdown in the Pacific Ocean near San Diego on 10 April, nine days after its Florida launch.
#moon #artemis #astronauts
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World Economy Apr 06, 2026

The UK's Cost of Survival Crisis: How Struggling Families Are Fighting to Make Ends Meet

The article discusses the struggles of low-income families in the UK, who are facing a 'cost of sur…
The cost of living crisis in the UK has become a persistent reality for many low-income families, who are struggling to make ends meet. The situation has worsened due to the ripple effects of the war in Ukraine, with companies expected to raise prices rapidly in the coming months.The author, Ella Michalski, is part of Changing Realities, a collaboration of parents and low-income families from across the UK. She shares her personal experience of struggling to get by, with her family relying heavily on their car due to her daughters' complex needs. The financial circumstances of her family have not significantly improved in the past five years, despite her partner working.The article highlights the need for more support from the government, particularly for families with dependent children. The recent abolition of the two-child benefit cap and the rise in the minimum wage are seen as positive steps, but more needs to be done to address the root causes of poverty. The author also calls for changes to universal credit, including ending the punishing five-week wait for a first payment.The government's crisis and resilience fund (CRF) is seen as a step in the right direction, but its accessibility and effectiveness are concerns. The author argues that the government needs to target cost of living support at those who need it most, with a recognition that families with dependent children need more support.
#more #families #cost
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Environment Apr 06, 2026

US Snowpack Hits Critically Low Levels Amid Record Warmth in March

The US experienced a historically warm March, leading to critically low snowpack levels in the Amer…
The US has just wrapped up a historically warm March, with numerous states recording all-time high temperatures. This prolonged warmth has left much of the mountain snowpack in the American west at critically low levels, a crucial source of water for millions.Despite increased precipitation in spring, the low snowpack has raised concerns about a potentially severe wildfire season if conditions do not improve soon. With more abnormally warm, dry weather expected, the outlook is becoming increasingly worrying heading into late spring and summer.On the other side of the Pacific, Tropical Cyclone Maila has developed in the Solomon Sea and is expected to strengthen to severe tropical cyclone status. This is the first named storm for Papua New Guinea since Cyclone Guba in 2007. Maila is forecast to be the strongest storm to impact or make landfall in Papua New Guinea.Meanwhile, parts of south-east and east Asia are expected to see a continuation of abnormally high temperatures this week, with some areas potentially recording temperatures of 35-39C, about 10C hotter than expected for this time of year. High temperatures will be joined by very high humidity levels, potentially creating dangerous levels of heat stress for millions of people.
#US Snowpack #March 2024 Warmth #Wildfire Season
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Technology Apr 06, 2026

Boötes Constellation Rises to Prominence in Northern Spring Sky

The Boötes constellation, also known as the herdsman, is becoming visible in the eastern sky after …
As the northern hemisphere welcomes spring, the constellation of Boötes, the herdsman, is rising to prominence in the eastern sky after dusk. This celestial display is a treat for stargazers, with the constellation's brightest star, Arcturus, shining brightly.A chart showing the view looking east from London at 21:00 BST on 6 April illustrates the optimal viewing conditions. By this time, the darkness is complete, and Arcturus, the fourth-brightest star in the night sky, is easily visible.To locate Boötes, start with the familiar shape of the Plough and follow the curve of its handle downwards in an arc until you reach the orange glow of Arcturus. This method makes it easy to find the constellation in the night sky.Boötes is one of the original 48 constellations defined by Ptolemy in the second century. However, its origins date back thousands of years to ancient Babylon, where it was associated with the god Enlil. In Greek tradition, Boötes is often identified as a herdsman or ploughman, with various mythic tales surrounding his role as a protector of rural life.During this time of year in the northern hemisphere, Boötes rises during twilight and becomes well-placed for observation by late evening. Conversely, from the southern hemisphere, Boötes appears low in the northern sky.
#tes #northern #sky
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World Apr 06, 2026

Trump Sets Tuesday Night Deadline for Iran to Reopen Strait of Hormuz, Threatens Power Plants and Bridges

President Donald Trump warned Iran that the Strait of Hormuz must be reopened by Tuesday night or U…
President Donald Trump issued a stark warning on Sunday, giving Tehran until Tuesday night to reopen the Strait of Hormuz or face U.S. strikes on Iranian power plants and bridges. The message, posted on his Truth Social platform, was laced with profanity and a deadline of 8:00 P.M. Eastern Time. Iran’s parliament speaker, Mohammad‑Bagher Ghalibaf, responded on social media, accusing the United States of “reckless moves” that would set the entire region ablaze and turn it into “living hell.” The latest escalation follows the rescue of a second U.S. crew member from a downed F‑15E fighter that crashed in southwestern Iran, an operation that saw American special forces and Iranian troops racing against each other in mountainous terrain. Trump has repeatedly shifted the deadline for Iran, extending it at least twice. In his expletive‑laden post he warned, “Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH!” Financial markets reacted instantly: the U.S. benchmark West Texas Intermediate rose 1.86 % to over $112 per barrel, while Brent crude climbed above $110. The surge underscores how geopolitical flashpoints can quickly translate into higher energy costs for consumers worldwide. Trump also hinted at a possible diplomatic breakthrough, telling Fox News there was a “good chance” of an agreement on Monday. Yet he added, “If they don’t make a deal and fast, I’m considering blowing everything up and taking over the oil.” Legal scholars warned that targeting civilian infrastructure would breach the Geneva Conventions. Yale professor of international law Oona A. Hathaway noted that the president offered no justification to reclassify power plants, bridges, or steel factories as legitimate military targets, and that any such attacks would likely constitute war crimes. Iranian authorities estimate that the ongoing U.S.–Israeli campaign has damaged roughly 81,000 civilian sites, including 61,000 homes, 19,000 commercial facilities, 275 medical centres, and nearly 500 schools. Israeli Prime Minister Benjamin Netanyahu claimed that the coalition has destroyed about 70 % of Iran’s steel production capacity, citing its alleged use in missile manufacturing. In retaliation, Iran has intensified attacks on Gulf shipping and infrastructure. Over the weekend Iranian drones struck a petrochemical complex in Bahrain, igniting thick black smoke, and hit multiple Kuwait Petroleum facilities, causing fires and “significant material losses” at power and desalination plants. The most dramatic recent strike was the demolition of Iran’s unfinished 136‑metre B1 suspension bridge, a $400 million project meant to link Tehran and Karaj. The attack killed 13 people and injured 95, prompting the bridge’s engineer to lament the loss of a symbol of national pride. Trump posted a video of the bridge’s destruction, framing it as a response to Iran’s alleged unwillingness to negotiate. He later told Axios that the U.S. had been “close to an agreement” but that Iran’s demand to meet “in five days” was a pretext for the attack. Domestic criticism was swift. Senate Minority Leader Chuck Schumer denounced the president’s rhetoric as “unhinged” and warned that such threats could alienate allies and amount to war crimes. International law experts reiterated that civilian objects—such as power plants, bridges, and hospitals—are protected under the Geneva Conventions. Any deliberate targeting of these assets for bargaining leverage would violate the conventions and could trigger legal accountability for the United States and any cooperating parties.
#iran #trump #iranian
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Film Apr 06, 2026

Rediscovering Elvira Notari: Italy’s Forgotten Female Filmmaker Revived in ‘Beyond Silence’ Documentary

A new documentary, *Elvira Notari: Beyond Silence*, restores the legacy of Italy’s pioneering femal…
Elvira Notari—Italy’s first and most prolific female filmmaker—crafted a vivid portrait of early‑20th‑century Naples through melodramas such as È piccerella (1922). The film opens with bustling pilgrimage scenes at the Candelora festival, juxtaposing flamboyant revelry with stark images of poverty, a visual strategy that challenged the sanitized narratives favored by the fascist regime.According to film scholar Giuliana Bruno, Notari’s work was driven by a desire to document reality, exposing class tensions and gendered oppression that Mussolini’s censors deemed unacceptable. A 1928 censorship law explicitly banned Neapolitan films featuring “stallholders, beggars, urchins, dirty alleyways,” effectively silencing Notari’s authentic street‑level storytelling.Despite directing around 60 feature films—many hand‑coloured—alongside her husband Nicola at Dora Film, only three titles (A Santanotte, È piccerella, Fantasia ‘e surdato) and fragments survive today, a loss directly attributable to fascist suppression and the prohibitive cost of sound‑film conversion.The newly released documentary Elvira Notari: Beyond Silence, produced by Antonella Di Nocera and directed by Valerio Ciriaci, reconstructs Notari’s fragmented career by collaborating with contemporary “artisans”—photographers, visual artists, novelists, and musicians who reinterpret her silent‑film aesthetics. Ciriaci notes that the absence of personal archives made the film’s investigative approach essential, turning Notari’s silence into a creative catalyst.Critics emphasize Notari’s lasting influence on Italian‑American auteurs such as Francis Ford Coppola and Martin Scorsese. Elements of her chaotic street festivals anticipate the wedding scenes in *The Godfather* and *Goodfellas*, while her raw urban tableaux echo the gritty New York sequences of *Taxi Driver*.Beyond cinematic technique, scholars like Cristina Jandelli argue that Notari’s intertitles reveal a pronounced class consciousness and a critique of women’s marginalisation in early 20th‑century Italy. Her use of Neapolitan dialect and unvarnished depictions of squalor directly opposed the regime’s propaganda‑driven vision of a unified, pristine Italy.After Dora Film collapsed in 1930, Notari retired to Cava de’ Tirreni and died in 1946, largely forgotten until recent scholarly revival. The documentary positions her as a “symbol of the right to memories,” underscoring the ongoing relevance of silenced female voices in cultural history.*Elvira Notari: Beyond Silence* will premiere at New York’s Film Forum on 6 April 2026 and tour the United Kingdom throughout April and May, offering audiences a chance to reconnect with a pioneering filmmaker whose work was once erased by fascism.
#notari #her #she
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