Author: Press Room
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One of the pressing issues facing the planet today is global garbage generation, fueled by population growth, urbanization, economic development, and consumer behavior.As noted by UNEP, current waste management techniques are ineffective, given that only 20% of waste is recycled annually and millions of tons of waste are dumped in landfills, hazardous open dumps, and oceans.Ecoterra, a new cryptocurrency project, aims to support the fight against climate change by simplifying recycling.This cutting-edge platform employs a novel recycle-to-earn (R2E) model that encourages users to participate in waste product recycling.The nascent project has raised over $604,795 in funding in just a few…
Salt Labs is a fintech that wants to help hourly workers build wealth. Jason Lee, founder of DailyPay and a former managing director at Goldman Sachs, founded the startup in 2022. Salt Labs used this 13-page pitch deck to raise a $10 million pre-seed round. This fintech is helping hourly-wage workers build wealth through a rewards points system.Salt Labs is a loyalty and payments financial-technology company. The startup just launched its app, Salt, which allows hourly employees to earn points, called “Salt,” for every hour they work. Salt can be redeemed for goods and experiences, including wealth-building resources like savings…
When a BBC reporter tried to end an interview with Elon Musk several times, Musk kept talking. Musk talked for 30 extra minutes and took questions from Twitter users despite being “pressed for time.” The impromptu interview covered a range of topics from Twitter layoffs to Musk’s sleeping habits. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk ignored a reporter’s requests to end an interview several times and continued talking for 30 more minutes late Tuesday night.The Twitter owner sat down for…
Intro We wrote about Fluor Corporation (NYSE:FLR) in mid-2021 when we stated that the company’s bullish forward-looking fundamentals at the time needed to finally make themselves known in the stock’s financials. The reason being is that Fluor’s operating cash flow at the time was coming in negative as the company continued to feel the brunt of the Covid-19 pandemic. Suffice it to say, with book value falling, management was grappling with how to invest as efficiently as possible while at the same time cutting costs to the bone in order to protect the financials. This is a difficult task even…
A new malaria vaccine developed at Oxford university has won approval by health authorities in Ghana, the first regulatory clearance for a jab that promises to reinvigorate the fight against a disease that is a leading cause of infant mortality worldwide.The Serum Institute of India, which manufactures the vaccine called R21, said on Thursday that the preventive had received “full national licensure” from Ghana’s Food and Drugs Authority. The institute said R21 could be rolled out at “mass scale and modest cost, enabling . . . hundreds of millions of doses to be supplied to African countries which are suffering a significant malaria burden”.Adrian…
The federal appeals court ruling Wednesday night that is keeping medication abortion drugs available is likely to complicate abortion access across the country, even in places where the procedure is legal. Since the Supreme Court overturned of Roe v. Wade last year, abortion pills – and the US Food and Drug Administration’s rules that allowed patients to obtain them without an in-person visit to an abortion provider – have become a crucial tool for mitigating some of the burdens abortion clinics have felt after the Roe reversal sent them a flood of patients from states where abortion is now illegal.…
Shares of Bank of America Corp. BAC slipped 0.80% to $28.48 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.41% to 4,091.95 and Dow Jones Industrial Average DJIA falling 0.11% to 33,646.50. The stock’s fall snapped a three-day winning streak. Bank of America Corp. closed $11.89 below its 52-week high ($40.37), which the company achieved on April 20th. The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase… Read the full article here
Oil futures climbed on Tuesday, with U.S. prices settling at their highest since January and global benchmark Brent crude marking its highest finish in about five weeks. Gains in prices for both oil benchmarks follow Monday’s settlements at month-to-date lows, with prices pressured by worries over the outlook for energy demand, but also finding support from expectations for tighter global supplies. Price actionMarket drivers The… Read the full article here
Gold futures settled Wednesday at their highest in nearly a week, as the dollar declined on the back of U.S. data showing a smaller-than-expected rise in March consumer prices and a slowdown in the yearly rate of inflation. Following the session’s settlement, futures prices for the precious metal edged higher in electronic trading following the release of minutes from the March Federal Open Market Committee meeting. Price action Gold for June delivery GCM23, +1.50% climbed $5.90, or 0.3%, to settle at $2,024.90 an ounce on Comex, the highest most-active contract finish since April 6, FactSet data show. May silver SIK23,…
