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Month: March 2023
A whistleblower’s greenwashing allegations, and the impact they’ve had Last year Desiree Fixler was fired from her position as head of sustainability at German asset manager DWS. She says her dismissal came after she warned the company it was overstating its sustainable investment credentials. DWS has always denied Fixler’s allegations, but what impact have her
TerraCycle promises to make use of plastic garbage that almost no one else wants to touch, like cigarette butts and diapers. But does it actually get recycled? Kal Penn meets the company’s founder, Tom Szaky. — Getting Warmer is Bloomberg’s exclusive new show about climate, clean energy and business, anchored by actor and former White
Andrew Bret Wallis | The Image Bank | Getty Images For retirees, health-care costs can be among the most unpredictable expenses they face over the course of their golden years. While many of them worry about affording their monthly Medicare premiums, their bigger concern is their out-of-pocket costs, recent research from eHealth shows. Fully 75%
Getty Images The tax deadline is approaching, and there are still a few ways to reduce your 2022 bill or boost your refund, experts say. Once the calendar year ends, “the toolbox of options is much smaller,” said certified financial planner John Loyd, owner at The Wealth Planner in Fort Worth, Texas. He is also
Mark Zuckerberg’s has long been fascinated with Ancient Rome. Now he has his very own triumvirate. The Facebook co-founder on Friday announced the birth of his third child, revealing that he and his wife Priscilla Chan Zuckerberg have named the baby Aurelia. Zuckerberg shared the first photo of his newborn in an Instagram post, calling
A First Citizens Bank branch in Dunwoody, Georgia, on Thursday, March 23, 2023. Elijah Nouvelage | Bloomberg | Getty Images Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than
In this article F Follow your favorite stocksCREATE FREE ACCOUNT The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Al Drago | Bloomberg | Getty Images Ford Motor said Thursday its electric vehicle business lost $2.1 billion last year on an operating
In this article ETSY Follow your favorite stocksCREATE FREE ACCOUNT The Depop application on a smartphone arranged on Wednesday, June 2, 2021. Gabby Jones | Bloomberg | Getty Images Six months after launching his secondhand clothing shop on digital marketplace Depop in 2020, Blake Robertson, a 15-year-old high schooler at the time, received a death
When it comes to the U.S. economy, confidence is key. But the banking crisis has threatened to upset how most people feel about their financial picture. “The bank problems are probably making a lot of people think twice,” said Diana Furchtgott-Roth, an economics professor at George Washington University and former chief economist at the U.S. Department of
As a young, avid collector of luxury watches, Austen Chu said he was scammed “many times” when he bought timepieces from the secondary watch market. “Once, I bought a watch which had a dented dial and the seller told me that the dial got dented during shipping,” Chu recalled. And he believed it. But now,
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Deutsche Bank shares fell by more than 9% in early trade on Friday following a spike in credit default swaps on Thursday night, as concerns about the stability
In this article OUST Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Bloomberg | Getty Images Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the big-box giant and other retailers brace for a tougher year ahead. Walmart, the nation’s largest private employer, is shrinking its workforce as many retailers
We took ChatGPT offline earlier this week due to a bug in an open-source library which allowed some users to see titles from another active user’s chat history. It’s also possible that the first message of a newly-created conversation was visible in someone else’s chat history if both users were active around the same time.
Traditional Japanese calligraphy ink, referred to as sumi ink, comes in a solid form. It takes at least four years of production before these ink sticks can be sold, and even longer for the most expensive ones. A 200-gram high-grade ink stick from a producer like Kobaien costs over $1,000. And at some other retailers,
The FT’s global China editor James Kynge talks to Alexander Gabuev from the Carnegie Moscow Center about China’s ‘no-limits’ friendship with Russia, the relationship between Vladimir Putin and Xi Jinping, and how the war in Ukraine changes the geo-political landscape. Read more at https://on.ft.com/3qsGQWH See if you get the FT for free as a student
The promise of a new age of limitless clean energy is dawning in France. Mathematician Hannah Fry goes inside the largest international fusion project ever built. — Do you want to know what your future holds? A life beyond 150 years old? A world where computers can read our emotions? A planet transformed by unlimited
Shake Shack’s CEO tells CNNMoney’s Cristina Alesci why Chipotle’s troubles are a great reminder about food safety, and why millennials are willing to pay more for quality.
The Good Brigade | DigitalVision | Getty Images A couple of Medicare enrollment periods are underway — and both end soon. First, if you didn’t enroll in Medicare when you should have and you don’t qualify for a special enrollment period, you can sign up until March 31. Second, if you are already on Medicare
Jamie Grill | Getty Images When you’re on a tight budget, It can be tough to decide between contributing to your retirement savings or to your emergency fund — especially during periods of economic uncertainty. And the banking crisis has added to fears of a recession, with further stock market volatility triggered by the collapse
In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But
In this article DRI Follow your favorite stocksCREATE FREE ACCOUNT Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday raised its revenue outlook for fiscal 2023 for the second consecutive quarter after reporting quarterly results that showed growth
In this article F Follow your favorite stocksCREATE FREE ACCOUNT John Lawler, Chief Financial Officer of Ford, rings the opening bell at the New York Stock Exchange (NYSE), March 23, 2023. Brendan McDermid | Reuters Ford Motor disclosed on Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 —
Recent bank woes and rising interest rates have prompted higher levels of economic uncertainty. When it comes to the markets, that means more volatility may be in the forecast. Volatility happens when the value of an investment “fluctuates wildly in a short period of time,” according to the Financial Industry Regulatory Authority. “In the months
In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT Chair of the ECB Supervisory Board Andrea Enria and Chairperson of the European Banking Authority (EBA) Jose Manuel Campa in the European Parliament on March 21, 2023. Thierry Monasse | Getty Images News | Getty Images U.S. regulators made mistakes in failing to prevent the
Chinese tech giant Tencent released quarterly results Wednesday. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese tech giant Tencent reported better-than-expected quarterly revenue on Wednesday, helped by growth in ads within its growing “video accounts” business. Overall revenue for the quarter ended Dec. 31 came in at 144.95 billion yuan ($21.07 billion), higher than
The company’s Terran 1 rocket lifts off from LC-16 at Cape Canaveral, Florida. Relativity Space Relativity Space, a 3D-printing specialist, launched the inaugural flight of its Terran 1 rocket late on Wednesday night, which successfully met some mission objectives before failing to reach orbit. Terran 1 lifted off from LC-16, a launchpad at the U.S.
Sandhini Agarwal, Ilge Akkaya, Valerie Balcom, Mo Bavarian, Gabriel Bernadett-Shapiro, Greg Brockman, Miles Brundage, Jeff Chan, Fotis Chantzis, Noah Deutsch, Brydon Eastman, Atty Eleti, Niko Felix, Simón Posada Fishman, Isa Fulford, Christian Gibson, Joshua Gross, Mike Heaton, Jacob Hilton, Xin Hu, Shawn Jain, Haozhun Jin, Logan Kilpatrick, Christina Kim, Michael Kolhede, Andrew Mayne, Paul McMillan,
—————————————————— Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Insider Business on Facebook: https://www.facebook.com/businessinsider Insider Business on Instagram: https://www.instagram.com/insiderbusiness Insider Business on Twitter: https://www.twitter.com/businessinsider Insider Business on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143 Insider Business on TikTok: https://www.tiktok.com/@businessinsider
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