Saturday, May 25, 2024

Economy

Thanksgiving Dinner to Cost ‘Significantly More’ This Year

Increases in food prices mean Thanksgiving meals might end up being more expensive for families this year. Market research firm IRI predicts that your Thanksgiving meal will cost about 13.5% more compared to...

Trade Agreements Can Ease the Pain of a Possible Global Recession

Uncertainty is bad for business; however, it can be mitigated by trade agreements which help countries become more resilient to economic shocks, according to a new University of California School of Global Policy and Strategy study.

Better Wording on Packages can reduce Food Waste: Cornell University Study

Changing the wording about expiration dates on perishable food items – which is currently unregulated and widely variable – could help reduce food waste, according to a new Cornell University-led study. A survey of...

Meta to lay off ‘many thousands’ of workers this week: WSJ report

Facebook parent Meta is set to make major layoffs this week impacting thousands of employees as it grapples with a significant downturn in its business, according to a report Monday. Mark Zuckerberg’s social networking...

Elon Musk slashing jobs at Twitter to avoid $700M loss next year

Elon Musk’s drastic decision to lay off half of Twitter's workforce last week was driven by the company’s dire finances — with the now-private company on track to lose $700 million in 2023 if he hadn’t slashed costs...

CEO CORNER: Meet Devon Price and Peter Bayne, Co-Founders of VitaNav

In this edition of CEO Corner, we speak with Devon Price and Peter Bayne, Co-Founders, and owners of VitaNav, a functional beverage company, whose main product, Kenetik, is a ketone-based beverage. VitaNav was founded in 2018, and...

Dow jumps 400 points but ends week with loss after October jobs report

Stocks closed higher on Friday in volatile trade to snap a four-session losing streak as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes.

One-Third of Cyber Attacks Involve Small Businesses

According to data from the Federal Bureau of Investigation, the total cost of cybercrime from 2019 to 2021, skyrocketed from $3.5 billion to $6.9 billion, essentially doubling since COVID-19. That includes international businesses.

Financial Expert: U.S. GDP Growth Estimate Is Inaccurate

After analyzing the recently released third-quarter U.S. GDP growth estimate, financial expert and investment adviser Ed Butowsky believes that the estimate was inaccurate by a wide margin. Further, Butowsky charged that the data may have been influenced...

BioBiz: Biogen and Eisai Alzheimer’s Drug shows some positive results; New financing for Sudo, Meliora Therapeutics, Kaleidoscope; Daxor test reduces hospital stays

An Alzheimer’s drug that is being developed by Biogen and Eisai is showing some positive results. The newly developed drug that is currently in a phase three trial showed that the experimental monoclonal antibody reduced cognitive decline...
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Latest News

CEO Corner: Nikole Kimes, CEO & Co-Founder at Siolta Therapeutics

We recently spoke with Nikole Kimes, PhD, CEO and Co-Founder at Siolta Therapeutics, a clinical-stage biopharmaceutical company...
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Survey shows Americans are sinking money they don’t have into credit cards they can’t pay off – at alarming rates

Quicken Inc., maker of America's best-selling personal finance software, today shared findings from a survey that explored Americans' financial outlook amid the...

Elon Musk says Twitter to change the logo, removes bird logo

Twitter's owner, Elon Musk posted on Sunday that he was looking to change Twitter’s logo, tweeting: “And soon we shall bid adieu...

Turning food waste into bioenergy can become a profitable industry

Food waste is a major problem around the world. In the United States, an estimated 30 to 40% of edible food is lost...

Researchers uncover how a genetic mutation can cause individuals with normal cholesterol levels to develop coronary artery disease at a young age

A novel molecular pathway to explain how a mutation in the gene ACTA2 can cause individuals in their 30s – with normal...