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Business & Markets – XtremeCuztoms

Category: Business & Markets

Indoor Farming Company Backed by Martha Stewart Files for Bankruptcy

MOREHEAD, Ky.—AppHarvest, a Kentucky-based indoor farming company that was backed by Martha Stewart when it began shipping tomatoes in early 2021, has filed for bankruptcy, officials announced on Monday. The Chapter 11 filing on Sunday came following several months of financial difficulties, including the potential foreclosure of its greenhouse in Richmond and concerns about cash…


‘Dirty Secret’: Made-In-China Solar Panels Produce 3 Times More Carbon Emissions Than UN Claims: Study

An analysis by a non-profit research group drawing on calculations by an Italian analyst looking into the carbon footprint of made-in-China solar panels claims that the influential United Nations body on climate change has been drastically underestimating the carbon intensity of Chinese-made photovoltaic cells. Environmental Progress, a non-profit co-founded by investigative journalist Michael Shellenberger, in…


Stock Market Today: Wall Street Rises Ahead of What’s Hoped to Be the Last Fed Rate Hike for a While

NEW YORK—Wall Street ticked higher Monday to start a week full of updates on where interest rates and profits for some of the stock market’s most influential companies are heading. The S&P 500 rose 18.30, or 0.4 percent, to 4,554.64, coming off its eighth winning week in the last 10. The Dow Jones Industrial Average…


Closing Prices for Crude Oil, Gold, and Other Commodities (July 24)

Benchmark U.S. crude oil for September delivery rose $1.67 to $78.74 a barrel Monday. Brent crude for September delivery rose $1.67 to $82.74 a barrel. Wholesale gasoline for August delivery rose 9 cents $2.90 a gallon. August heating oil rose 2 cents to $2.77 a gallon. August natural gas fell 3 cents to $2.69 per…


How Major US Stock Indexes Fared July 24

Wall Street ticked higher to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading. The S&P 500 rose 0.4 percent Monday, coming off its eighth winning week in the last 10. The Dow added 183 points, or 0.5 percent, and the Nasdaq composite…


Stellantis, Samsung to Build 2nd EV Battery Plant in US

Stellantis N.V. and South Korean battery maker Samsung SDI said on Monday they plan to build a second electric vehicle battery plant in the United States. The companies said the location of the new plant is under review. Both companies signed a memorandum of understanding under its existing joint venture called StarPlus Energy, according to…


New ‘Misinformation’ Law Gets the Balance of Power All Wrong

Commentary In June, the Albanese Labor government released an exposure draft of a dystopian proposed legislation that will empower a government body, the Australian Communications and Media Authority (ACMA), to police online “misinformation” and “disinformation.” The “Mis/Dis Bill” is accompanied by a guidance note with little transparency and an invitation to make a submission by…


Listeria Outbreak Kills Three in Washington State, Local Health Authorities Say

Three people have died from a listeria outbreak in Washington state, according to state health authorities. The Washington State Department of Health, Tacoma-Pierce County Health Department, and Thurston County Public Health and Social Services announced on July 21 that they were investigating the cases of five adults over 60 years of age who developed severe infections of…


‘White Privilege’ Nurses Mandated to Undergo ‘Implicit Bias’ Training in Kentucky

Nurses in Kentucky have been forced to undergo “implicit bias” training to indoctrinate them with concepts such as white people being inherently racist. Those who did not fulfill the course were reportedly being threatened with non-renewal of their licenses. The Kentucky Board of Nursing (KBN) mandated an “implicit bias” course for nurses in January last…


OpenAI’s Sam Altman Launches Iris-Scanning Worldcoin Crypto Project

The cryptocurrency project Worldcoin, founded by OpenAI CEO Sam Altman, began its rollout on July 24, which features an innovative iris-scanning “Orb” designed to authenticate a person’s uniqueness. Worldcoin co-founders Alex Blania and Mr. Altman said the project could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from artificial intelligence (AI), enable a…