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New Twitter policy aims

to tackle misinformation

Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis.

Under the new rules, which take effect Thursday, Twitter will no longer automatically recommend or amplify posts that mischaracterize conditions during a conflict or make misleading claims about war crimes or atrocities. Posts that violate the rules could also have warning labels applied, as well as links to more trustworthy content. Twitter says it will apply the rules first to Ukraine and then to future humanitarian crises.

Stocks end lower, not quite in a bear market

Stocks ended another volatile day lower on Wall Street Thursday, bringing the market closer to its first bear market since the beginning of the pandemic.

The S&P 500, the benchmark for many index funds, fell 0.6%. It’s now down 18.7% from the record high it set early this year, nearly at the 20% threshold that defines a bear market. Investors are worrying that the soaring inflation that’s hurting people shopping for groceries and filling their cars up is also walloping profits at U.S. companies. Target fell again, a day after losing a quarter of its value on a surprisingly large drop in earnings.

GOP directs fury toward green investing trend

Red state officials are coming out swinging against growing Wall Street efforts to consider environmental risk in investment decisions.

Their target is “ESG,” which stands for environmental, social and governance. The principles call on investors to consider factors other than traditional financial metrics in their decisions. The acronym has become the latest culture war fodder in conservative media and in state government this year. The movement against green investing indicates how the GOP has become more willing to damage its relationship with big business to fight ideological foes. Opposition has been particularly strong in red states where fossil fuels make up a large part of the economy.

Carbon removal tech

to get $3.5B investment

The federal government is investing in machines that suck giant amounts of carbon dioxide out of the air in the hopes of reducing damage from climate change.

The Department of Energy says it will release $3.5 billion to groups developing direct air capture and other technologies that remove carbon dioxide, which when released into the atmosphere causes global warming. Climate scientists say humans have already allowed too much carbon dioxide into the atmosphere to prevent dangerous rises in global temperatures. They say on top of curbing emissions we must also remove carbon dioxide from the air that’s already been released.

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