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NASA faces new criticism, possible congressional hearing over spacesuit delays

NASA faces new criticism, possible congressional hearing over spacesuit delays

Science
ORLANDO, Fla., Aug. 23 (UPI) -- NASA is facing new criticism over a recent agency watchdog report that disclosed spacesuit development is so far behind schedule that a return to the moon would be delayed beyond a 2024 target. Coupled with the high cost, estimated to hit $ 1 billion eventually, the development issues are serious enough to prompt a congressional hearing, U.S. Rep. Don Beyer, D-Va., told UPI. "I almost certainly think we have to schedule a hearing before the end of the year," said Beyer, who chairs the House Space and Aeronautics Subcommittee. "We already spent $ 420 million, and we don't know where we're going. We need to really make sure [Congress] is providing the oversight and the accountability necessary." The report from the NASA Office of Inspector Genera...
NatWest faces criminal proceedings over money laundering regulations

NatWest faces criminal proceedings over money laundering regulations

Business
The City watchdog has launched criminal proceedings against bank NatWest for allegedly failing to comply with money laundering rules.NatWest is accused by the Financial Conduct Authority (FCA) of failing to adhere to the regulations between November 2011 and October 2016. The case relates to the handling of funds from a single UK incorporated customer of the bank - which has not been named. Image: Proceedings are being brought by the Financial Conduct Authority NatWest is a subsidiary of state-backed NatWest group, previously known as Royal Bank of Scotland (RBS).The FCA said in a statement: "The case arises from the handling of funds deposited into accounts operated by a UK incorporated customer of NatWest. ...
Climate change: ‘Forever plant’ seagrass faces uncertain future

Climate change: ‘Forever plant’ seagrass faces uncertain future

Science
Ayuntamiente de IbizaThe green, underwater meadows of Posidonia seagrass that surround the Balearic Islands are one of the world's most powerful, natural defences against climate change. A hectare of this ancient, delicate plant can soak up 15 times more carbon dioxide every year than a similar sized piece of the Amazon rainforest.But this global treasure is now under extreme pressure from tourists, from development and ironically from climate change. Posidonia oceanica is found all over the Mediterranean but the area between Mallorca and Formentera is of special interest, having been designated a world heritage site by Unesco over 20 years ago.Here you'll find around 55,000 hectares of the plant, which helps prevent coastal erosion, acts as a nursery for fish, but also plays a globally si...
All Bar One owner M&B faces investor pay backlash

All Bar One owner M&B faces investor pay backlash

Business
The owner of All Bar One is facing a shareholder revolt over plans to bolster the guaranteed pay awards of its top executives amid a broader firestorm over corporate governance at the company.Sky News understands that several major institutional investors are planning to oppose Mitchells & Butlers' (M&B) remuneration policy because it plans to replace a performance-based share scheme with more certain annual awards. Institutional Shareholder Services (ISS), an influential voting advisory firm, said in a report to clients that M&B's explanation of the shift in policy "mainly discusses retention and a goal to maximise long-term shareholder value, but it does not explain how it will achieve the latter".The recommendation paves the way for a clash at the pub operator's annual meeti...
As climate fight shifts to oil, Biden faces a formidable foe

As climate fight shifts to oil, Biden faces a formidable foe

Technology
CASPER, Wyo. -- President Joe Biden’s bid to tackle climate change is running straight through the heart of the U.S. oil and gas industry -- a much bigger, more influential foe than Democrats faced when they took on the coal industry during the Obama years.Coal dominated U.S. power generation for decades, with the bulk of that fuel coming from the massive strip mines of Wyoming’s Powder River Basin — a market that collapsed in recent years as utilities switched to natural gas.Fast forward to 2021 — and oil and gas have eclipsed coal to become the biggest source of greenhouse emissions from public lands and waters, federal production data indicates. That’s made government fuel sales an irresistible target for Democrats as they try to rein in climate change.Biden’s election has put big oil c...