World
142 years

That’s how long the United Kingdom has been burning coal, a practice that is set to end today as the country’s final coal plant shutters for good, per the BBC.

The milestone is a significant one not just for the UK, which has been slowly reducing its reliance on coal for decades, but for the world: the very first coal-fired power station in the world was built in 1882 in London by Thomas Edison (yes, that Edison). Today, renewables generate ~50% of the UK’s electricity.

More World

See all World
Six themes cover GIF

Charting six major trends to keep watching in 2026

We’ve made a lot of charts this year — here are some of the biggest trends of 2025 and where we think they might go in the 12 months ahead. And no, it’s not just about AI.

world

Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.