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Ill-conceived plans script Venezuela’s power woes

  The economic recession triggered by the drop of oil prices and the El Nino weather phenomenon, which has caused the country’s hydroelectric dams to run low, have combined to bring the once-booming Venezuela to its knee. Venezuela’s revenue, highly dependent on oil exports, has dropped from $80 billion in 2013 to between $20 billion and $25 billion in 2015, ...

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Meet the big spenders on Research & Development

  Justin Fox Amazon.com and Facebook had great earnings reports this week. They also reported spending a lot of money on the future. Capital spending was up 35 percent at Amazon and 125 percent at Facebook in the first quarter compared with the same quarter last year. Research and development spending was up 28 percent at Amazon and 26 percent ...

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Why we fear spiders more than climate change

People tend to fear spiders and snakes more than they do electrical sockets or fireworks, even though the latter present a far greater danger. This might help explain why humans have such a hard time seeing the threat of climate change. Evolutionary psychologists argue that much of human behavior can be understood only by studying our ancient ancestors. Through 99 ...

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