Biogen Inc. agreed to acquire Reata Pharmaceuticals Inc. for $7.3 billion, including debt, to expand its rare disease

Scientists think they could have found the cause of a series of “slow-motion” earthquakes that have shaken New Zealand in recent years – a hidden ocean which sits two miles beneath the sea floor. The water was revealed as part of a giant volcanic area formed about 125 million years ago, when an eruption forced a plume of lava bigger than the US to the surface of the Earth. Researchers found the region by towing 3D seismic sensors behind a boat to build up an image of the ancient volcanic area. There, they found thick, layered sediments around long-buried volcanoes which contained much more water than expected. Andrew Gase, from the University of Texas Institute for Geophysics, who carried out the research, said: “Normal ocean crust, once it gets to be about seven or 10 million years old should contain much less water.” The ocean crust scanned by researchers was 10 times as old as this – but water made up nearly half its volume. The tectonic fault line which runs through New Zealand is known for producing slow-motion earthquakes, also known as slow slip events. During one of these, the energy from an earthquake gets released over days or months, often causing little or no harm to people. Scientists don’t know why they happen more at some faults than at others, but they are thought to be linked to buried water. Finding this new area of water at the fault line which creates so many slip events could provide an explanation. Gase said: “We can't yet see deep enough to know exactly the effect on the fault, but we can see that the amount of water that's going down here is actually much higher than normal.” If researchers can work out how the water reserves affect slip events – possibly by dampening them – they could, in turn, understand normal earthquakes better. Scientists also think underground water pressure could play a key part in creating conditions that release tectonic stress via slow slip earthquakes. As a result, Gase said scientists should drill even deeper to find out where the water ends up. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Braves Rumors: Marcell Ozuna is backBrian Snitker started Marcell Ozuna in the lineup just two days removed from an embarrassing, 415-foot single which led to his benching. That lack of hustle cannot be tolerated, and Ozuna owned up to it after the game.Rather than taking the Ozuna beef a step...

LONDON A group of Conservative lawmakers called on British Prime Minister Rishi Sunak on Monday to do more

In a recent AMP house livestream, Kai Cenat invited Lil Yachty for a joint pizza session

UBS Group AG completed the acquisition of former rival Credit Suisse Group AG, sealing the biggest merger in

On top of the widespread destruction and devastating loss of life, the wildfires are taking an incalculable emotional toll on many residents of a tight-knit island community who now face a hard choice: Move and start over elsewhere. Or stay and rebuild from scratch.

It is not yet 7:00 am and the sun has still to rise above...

Federal Reserve policymakers were seen as more likely to skip raising interest rates this week, after government data

Seattle Seahawks wide receiver DK Metcalf says he has no intention of changing his style of play even after picking up another personal foul penalty last week against Cincinnati

Erik ten Hag reveals his belief that Mason Mount can play in a deeper midfield role for Manchester United this season.

Barclays Plc is working on plans to reduce costs by as much as a £1 billion ($1.3 billion),