Mountain Equipment Co-op (MEC) is restructuring and laying off some of its 2,400 employees in a bid to restore financial health after losing more than $11 million in the past fiscal year.

The oil and gas industry needs to increase its efforts to address climate change or risk becoming socially unacceptable and unprofitable, according to a report from the International Energy Agency that will be presented in Davos, Switzerland, on Tuesday.

The computer age is generating more data than traditional methods can handle, but experts worry there's bias in what we're measuring.