Day: December 23, 2024

The price of cocoa is soaring — could lab-grown chocolate be the answer?
World

The price of cocoa is soaring — could lab-grown chocolate be the answer?

The price of cocoa has soared, as deforestation and climate change make it more difficult for chocolate producers to get their hands on the precious beans.  Sacramento-based startup California Cultured is hoping it has found a solution to the industry’s supply issue.  “We are still starting with basically a little living bean. So, instead of […]

Read More
Bill Clinton is hospitalized for observation and testing after developing a fever
World

Bill Clinton is hospitalized for observation and testing after developing a fever

Former U.S. President Bill Clinton speaks on stage during the third day of the Democratic National Convention at the United Center on August 21, 2024 in Chicago, Illinois. Alex Wong | Getty Images Former President Bill Clinton has been hospitalized in Washington after he developed a fever, a top aide told NBC News on Monday. Clinton, 78, […]

Read More
Ford donates  million and fleet of vehicles to Trump’s inauguration
Politics

Ford donates $1 million and fleet of vehicles to Trump’s inauguration

Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023, in Romulus, Michigan. Bill Pugliano | Getty Images Ford Motor […]

Read More
Israeli tech CEO who was severely wounded in Gaza sells startup for about 0 million
World

Israeli tech CEO who was severely wounded in Gaza sells startup for about $100 million

Itamar Ben Hemo didn’t have to join the war. At age 49, the Israeli tech entrepreneur was well outside of the range of mandatory service. But following last year’s Oct. 7 attack by Hamas, Ben Hemo signed up as a reservist, confident that his experience fighting as a paratrooper in Lebanon in 2006 made him […]

Read More
Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry
Business

Trump’s 25% tariff could be an existential threat to Canada’s recovering auto industry

Canadian and American flags fly near the base of the Ambassador Bridge connecting Canada to the U.S. in Windsor, Ontario, Canada, on Wednesday, May 26, 2021. Cole Burston | Bloomberg | Getty Images DETROIT — There’s growing concern that President-elect Donald Trump’s plan to impose 25% tariffs on Canadian imports would be an existential threat […]

Read More
The ‘weight-loss trade’ has stalled. What it will take to revive investor interest
Health

The ‘weight-loss trade’ has stalled. What it will take to revive investor interest

Anyone who’s been on a diet can likely relate: Those first lost pounds are met with a sense of euphoria. The voice inside one’s head screams: “I’ve got this!” But then, it inevitably becomes a slog. The initial novelty wears off, and the real work begins. Investors may see a parallel to the initial elation […]

Read More
Why the ‘great resignation’ became the ‘great stay,’ according to labor economists
Finance

Why the ‘great resignation’ became the ‘great stay,’ according to labor economists

Key Points The “great resignation” of 2021 and 2022 saw unprecedented numbers of workers quit their jobs amid ample and better-paying job opportunities. Today, it’s the “great stay.” Businesses pulled back on hiring due to higher interest rates. Fewer job openings hindered the prevalence of quitting. Employers aren’t laying off many workers, however, due to […]

Read More
Silicon Valley’s White House influence grows as Trump taps tech execs for key roles
Technology

Silicon Valley’s White House influence grows as Trump taps tech execs for key roles

U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a […]

Read More
Eli Lilly looks to extend its winning streak over the broader market to 6 years
Health

Eli Lilly looks to extend its winning streak over the broader market to 6 years

Eli Lilly has outperformed the S & P 500 for five straight years as Wall Street woke up to its massive opportunity in obesity drugs. Six in a row is not out of the question. Year-to-date performance: Up 33.7% Forward price-to-earnings ratio: 34.3 versus five-year average of 34.5 Our rating: Buy-equivalent 1 Our price target: […]

Read More
Stocks making the biggest moves midday: Nordstrom, Honda, MicroStrategy, Broadcom and more
Finance

Stocks making the biggest moves midday: Nordstrom, Honda, MicroStrategy, Broadcom and more

Check out the companies making headlines in midday trading: Nordstrom — The department store shares dipped more than 1% after announcing it will become a private company. Nordstrom agreed to a buyout deal valued at roughly $6.25 billion from its founding family and Mexican department store El Puerto de Liverpool. Common shareholders will receive $24.25 […]

Read More