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Public-health nurse Becky Graham brought a suitcase of winter clothes from Minnesota to a springtime conference in Atlanta where it was 80 degrees.It wasn’t a crazy idea. Ms. Graham was trying to prepare for one of the worst excesses of modern life—meeting rooms air-conditioned to Arctic levels. C-O-L-D…

Construction has started on the 1,026-megawatt (MW) MacIntyre Wind Precinct, the largest wind farm to ever be built in Australia. It’s also one of the largest wind farms in the southern hemisphere. Largest wind farm in Australia Spanish global renewable energy company Acciona Energía and state-owned enterprise CleanCo Queensland are co-owners of the AUD $2 billion (US $1.45 billion) project in Queensland, southwest of Warwick. Queensland-based Ark Energy is a co-investor. As the tweet below states, the MacIntyre…

The Cleveland Fed district reported a large grocery chain said customers are taking aggressive steps to save. Photo: nicholas kamm/Agence France-Presse/Getty Images…

Salesforce Inc. CRM -2.94% posted a better-than-expected 24% increase in fiscal first-quarter revenue, easing concerns about demand for its business software.Shares of Salesforce, which have fallen this year along with a broader selloff in tech stocks, rose more than 7% in after-hours trading following the company’s results. The San Francisco-based company reported revenue of $7.41 billion, up from $5.96 billion in the year-ago quarter and above the estimates by the…

Amazon. com Inc.’s decision to throttle back on its e-commerce operations threatens to slow the growth of the industrial-space sector, one of the hottest areas of commercial property.For now, demand from other retailers is expected to pick up the slack, supporting warehouse occupancies and rent levels, analysts say. Rents, occupancy levels and sales volume of industrial real estate were already rising before Covid-19. They have soared even higher during much of the pandemic, as retailers led…

In the summer of 2020, two videogame companies canceled sponsorship deals with Saudi Arabia’s planned city-state of Neom following fan complaints about the country’s human-rights record. Neom Chief Executive Nadhmi al-Nasr called an emergency meeting on a weekend and asked his communications team why it hadn’t warned him this might happen.“If you don’t tell me who is responsible,” Mr. Nasr said, according to people with direct knowledge of the meeting, “I’m going to take a gun from under my desk and shoot you.”…

HONG KONG—A nearly yearlong shakeout in China’s housing market is throwing up some clear winners: state-owned developers.As former industry leaders from China Evergrande Group to Sunac China default on their international bonds and suffer debilitating sales declines, some of their state-owned counterparts have been taking advantage of the sector’s dislocation to expand by acquiring more land and other assets. Developers backed by the central or local governments have dominated land auctions…

It isn’t the office that workers heading into the city despise. It’s the commute.The Covid-19 pandemic led to a surge in remote work, emptying out office towers as more people worked from home. Cities with longer commutes have taken the biggest economic hit, while urban areas where people live closer to work have a higher return-to-office rate, according to The Wall Street Journal’s analysis of U.S. Census Bureau data and building-access company Kastle Systems. Recent polling of office workers supports the analysis. In a…

Home-price growth rose to a new record in March as robust home-buying demand outweighed the limited supply of homes for sale. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 20.6% in the year that ended in March, up from a 20% annual rate the prior month. March marked the highest annual rate of price growth since the index began in 1987. The inventory of existing homes on the…

SYDNEY—A tech billionaire brought down plans by Australia’s biggest polluter to spin off its coal-fired power plants into a new company, handing a big win to environmental activists who want a faster shift toward cleaner energy. Mike Cannon-Brookes, the Australian co-founder of Nasdaq-listed Atlassian Corp. , first tried to buy AGL Energy Ltd. AGL -1.69% in February after joining with Canada’s…