Business
Bill Gates says investment in innovation is the important part of ESG
Microsoft co-founder Bill Gates on Tuesday addressed the issue of businesses that exaggerate environmental, social and governance credentials, arguing that though corporate sustainability credentials are often controversial, they are still critical for assessing whether to invest in a company. “The part that I believe in is where you accelerate the innovation. To me, it’s not so […]
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People of color face higher risk of flu hospitalization as U.S. faces potentially severe season, CDC says
People of color are hospitalized with the flu at far higher rates than white Americans, according to a large multi-year study from the Centers for Disease Control and Prevention. The CDC study, published Tuesday, looked at flu hospitalizations among adults from 2009 through last year using data from its flu surveillance network that includes more […]
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Intel’s Mobileye targets $15.9 billion valuation in IPO
Mobileye’s CEO Amnon Shashua poses with a Mobileye driverless motor vehicle at the Nasdaq Current market website in New York, July 20, 2021. Jeenah Moon | Reuters Intel‘s self-driving subsidiary, Mobileye, is concentrating on an IPO that would price it at virtually $16 billion. Intel stated it expects shares to be priced among $18 and […]
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Flooding in Nigeria kills more than 600 people, officials say
Flood water breaks a river bank and overflows into a settlement in Lokoja, Nigeria October 13, 2022. Afolabi Sotunde | Reuters More than 600 people have died and more than 1.3 million have been displaced in the worst floods Nigeria has experienced in over a decade, according to the country’s humanitarian affairs department. Thousands of […]
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Peloton’s top human resources executive is leaving the company
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton‘s Chief People Officer Shari Eaton is leaving the company for another opportunity, she announced in a LinkedIn post Tuesday. Eaton’s departure is the latest in […]
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McDonald’s to sell Krispy Kreme doughnuts at 9 locations in latest menu experiment
Scott Olson | Getty Images McDonald’s will sell Krispy Kreme doughnuts in select restaurants later this month for the first time. Starting Oct. 26, the fast-food giant will sell Krispy Kreme doughnuts at nine locations in the Louisville, Kentucky, area as part of a test. McDonald’s said the test will help it learn more about […]
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French company to spend extra than $700 million and plead responsible to bribing ISIS as terror team killed westerners
A view of a Lafarge Cement plant is viewed in Paris, France on September 8, 2021. Julien Mattia | Anadolu Agency | Getty Photos Lafarge Cement has agreed to plead responsible Tuesday and shell out a good of additional than $700 million to U.S. federal legal expenses associated to the French firm’s involvement in payments […]
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Relativity Space adds 150 acres at NASA’s Mississippi center to test its reusable rockets
A map of the company’s expansion plans at NASA’s Stennis space center in Mississippi. Relativity Space Relativity Space, which 3D-prints rockets, said Tuesday that it signed a deal to expand its presence at NASA’s Stennis Space Center in Mississippi and create one of the country’s largest rocket engine test facilities. Based in Long Beach, California, […]
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Peloton extends refund period for recalled Tread+ for another year
Liza Lecher works out on her Peloton Tread+ treadmill on May 24, 2021 in Williamstown, New Jersey. Michael Loccisano | Getty Images Peloton agreed to extend a refund period for its recalled Tread+ for another year, the company and the U.S. Consumer Product Safety Commission jointly announced Tuesday. The refund period was extended to Nov. […]
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Hasbro revenue meets expectations but earnings miss as inflation squeezes shoppers
A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers. The toy maker also faced tough comparisons from a year ago […]
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