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Chanel designs a fashionable bond

It’s important in the fashion world to make a big entrance and Chanel is doing just that with its inaugural 600 million-euro ($700 million) bond. It has chosen to issue debt that’s linked to environmental sustainability targets; the bond includes a penalty if the company doesn’t live up to its green goals. The famous French luxury brand — headquartered in ...

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Is Covid-19 airborne? The CDC can’t say yet

The CDC posted and then retracted a statement about Covid-19 being an “airborne” disease. While the switch generated tons of attention from the press, infectious disease experts say it’s not clear it would have made much difference if the word had remained. The term might just confuse the public even more. The more serious problem is that we are losing ...

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Miners carve an ugly heritage for themselves

The most shocking thing about Rio Tinto Group’s demolition of a 46,000-year-old Aboriginal site in Australia’s remote Pilbara region is how commonplace it was. The Pilbara is source of about half of the world’s traded iron ore, worth about $65 billion a year. It’s also a crucial area of world heritage, home to the world’s largest collection of art from ...

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