Climate change and the Earth’s burgeoning population are endangering the nutritional security of many populations, stated the World Economic Forum (WEF) in an article released on Jan. 17. The organization remains optimistic, however, offering dietary solutions like plant-based meat alternatives, insects, and “meat cultivated directly from animal cells.” Global food systems accounted for 34 percent…
Lab-Grown Meat, Bugs, and Plants: World Economic Forum’s Solution to the Global Food Shortage
January 23, 2023
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Business & MarketsCompaniesDavoseconomic policiesInternationallab-grown meatWorldWorld Economic Forum (WEF)
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Wall Street Edges Up Ahead of Busy Earnings Week, Salesforce Rises
U.S. stock indexes opened higher at the start of another big week for corporate earnings, with Salesforce leading gains on Monday following news that Elliott Management had acquired a stake. The Dow Jones Industrial Average rose 64.07 points, or 0.19 percent, at the open to 33,439.56. The S&P 500 opened higher by 5.53 points, or…
Bill Gates Funding Startup Looking to Cut Down Methane Emission From Cows
January 23, 2023
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AustraliaBill GatesBusiness & Marketsclimate change agendaCompaniesenergymethane emissionsmethane reductionScienceScience Newsstartup fundingWorld
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Bill Gates is investing in an Australian startup focusing on reducing methane emissions from cows through a lab-grown feed additive, with the company planning to use the funds for commercial trials and setting up manufacturing, even as experts question the practicality of methane-focused scientific pursuits. Gates-led Breakthrough Energy Ventures LLC (BEV) was part of a…
Almost 20 Percent of US Firms Plan to Fire Employees: NABE Survey
January 23, 2023
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Business & MarketsCompanieseconomic recessioneconomyemployment trendsfiring employeeslayoff workersrecessionunemploymentUS
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Roughly a fifth of American companies are looking to scale down their workforce in the coming months as businesses come under pressure of low margins, with many foreseeing an economic recession, according a January survey by the National Association for Business Economics (NABE). According to the survey, almost 20 percent of respondents expect employment at…
World Shares Up, Many Asia Markets Closed for Lunar New Year
January 23, 2023
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Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
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BANGKOK—Shares were higher Monday in Europe and in Asia, where most markets were closed for the Lunar New Year holiday. Germany’s DAX edged 0.1 percent higher, to 15,058.49 while the CAC 40 in Paris also gained 0.1 percent to 7,002.30. Britain’s FTSE 100 added 0.2 percent to 7,786.30. The future for the S&P 500 lost…
Major Australian Businesses ‘Cancelling’ Their National Day Celebration
As major companies opt out of celebrating Australia’s national day, opposition leader Peter Dutton is calling on citizens to be proud of their heritage, not ashamed of it. Australia Day, Jan. 26, marks a public holiday that commemorates the landing of the First Fleet in Sydney in 1788, which eventually led to the first European…
Australian Media Watchdog Gains New Powers to Target Media Misinformation
Australia’s media regulator will gain new powers to impose a compulsory code of conduct to target misinformation and disinformation on digital platforms. The Australian Communications and Media Authority (ACMA) will be given new information-gathering and record-keeping powers to respond to misinformation and disinformation in a federal effort to create transparency around major digital platforms. The…
Fox News Executive Komissaroff Dies at Age 47 After Heart Attack
Alan Komissaroff, the senior vice president of news and politics at Fox News Media, died on Jan. 20, two weeks after suffering a heart attack, the network confirmed. He was 47. “This is an extremely difficult day for all of us who worked closely with Alan, and we are completely heartbroken,” FOX News CEO Suzanne Scott…
Fox News Executive Alan Komissaroff Dies at Age 47 After Heart Attack
Alan Komissaroff, the senior vice president of news and politics at Fox News Media, died last Friday after suffering a heart attack, the network confirmed. He was 47. “This is an extremely difficult day for all of us who worked closely with Alan, and we are completely heartbroken,” FOX News CEO Suzanne Scott and Fox…
Bed Bath & Beyond at Risk of Stock Market Delisting
January 22, 2023
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Bed Bath and BeyondBusiness & MarketsCompanieseconomic recessioneconomyfinancial crisisNASDAQ delistingUS
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Following its failure to file Q3, 2022, results with the U.S. Securities and Exchange Commission (SEC), retail store chain Bed, Bath & Beyond has now been informed by Nasdaq that its listing is at risk, as the retailer’s financial woes continue. Bed, Bath & Beyond received a notice from the Listing Qualifications Department of Nasdaq,…
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