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Private equity profits from climate disaster clean-up – while investing in fossil fuels (www.theguardian.com)

Historically, the disaster restoration industry was made up of smaller, independent businesses handling local projects. But after Hurricane Katrina in 2005, private equity firms saw an opportunity to consolidate the market by buying up smaller companies, and some estimates value the US restoration industry as high as $200bn.

Special counsel election probe continues with focus on fundraising, voting equipment breaches (www.cnn.com)

Special counsel Jack Smith is still pursuing his investigation into efforts to overturn the 2020 election a month after indicting Donald Trump for orchestrating a broad conspiracy to remain in power, a widening of the probe that raises the possibility others could still face legal peril....

Teva to pay $225M to settle cholesterol drug price-fixing charges (apnews.com)

The generic drug maker Teva Pharmaceuticals agreed Monday to pay $225 million to settle price-fixing charges related to sales of a major cholesterol-lowering drug. The U.S. Department of Justice said the agreement also requires Teva to divest its business making and selling the drug, pravastatin, a generic version of the...

Southern California prepares for more floods as Tropical Storm Hilary soaks from coast to desert (apnews.com)

Tropical Storm Hilary deluged arid parts of Mexico and then drenched Southern California from the coast to inland mountains and deserts, forcing rescuers to pull several people from swollen rivers. Millions expected more flooding and mudslides Monday, even as the storm begins to weaken.

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