We Committed, but We’re Doing a “Take-Back”

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According to the New York Times, financial giants are trimming their climate pledges amid Republican attacks. Questions: Source: Gelles, D. More Wall Street Firms Are Flip-Flopping on Climate. Here’s Why. The New York Times, Feb. 19 (Retrievable online at https://www.nytimes.com/2024/02/19/business/climate-blackrock-state-street-jpmorgan-pimco.html)

Will The Future Ever Looks Like This?

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According to the New York Times, “natural asset companies” would put a market price on improving ecosystems, rather than on destroying them. Questions: Source: DePillis, L. (2024). Nature Has Value. Could We Literally Invest in It? The New York Times, Feb. 18 (Retrievable online at https://www.nytimes.com/2024/02/18/business/economy/natural-assets.html)

The Great Compression: High Rents Lead to Smaller Living Quarters

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According to the New York Times, the era of the 400-square-foot subdivision house is upon us. Questions: Source: Dougherty, C. (2024). The Great Compression. The New York Times, Feb. 17 (Retrievable online at https://www.nytimes.com/2024/02/17/business/economy/the-great-compression.html)

How to lose $6.9 Billion with a B!

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According to Forbes, the net worth of the world’s wealthiest woman, Francoise Bettencourt Meyer fell greatly on Friday as shares of L’Oreal, the French beauty company, registered their worst single-day performance since the Great Recession. Questions: Source: Derek, Saul (2024) World’s Richest Woman Loses $7 Billion On L’Oreal’s Worst Day Since 2008. MSN.com (Retrievable online at… Read more »

Good and Bad News Monday

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According to Market Insider, Estee Lauder announced in conjunction with its quarterly results that it would be laying off between 3% and 5% of its staff in order to reduce its expenses. Questions: Source: Ramer, L. (2024). Estee Lauder Layoffs 2024: What to Know About the Latest EL Job Cut. Market Insider, Feb. 5 (Retrievable… Read more »

Estate of George Carlin Sues Over AI Comedy Special

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According to the Washington Post, George Carlin’s estate is suing the creators of an online comedy special that claimed to imitate the late comedian’s voice and sense of humor using artificial intelligence. Questions: Source: Chery, S. (2024) George Carlin’s estate sues over AI comedy special. The Washington Post, January 26 (Retrievable online at https://www.msn.com/en-us/news/us/george-carlin-s-estate-sues-over-ai-comedy-special)

Dietary Supplement or Over the Counter Opiod?

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According to the New York Times, tianeptine, found at convenience stores, at smoke shops and online, can mimic an opioid. It is among a growing class of dietary supplements that are difficult to control. Questions: Source: Hoffman, J. (2024). ‘Gas-Station Heroin’ Sold as Dietary Supplement Alarms Health Officials. The New York Times, Jan. 10 (Retrievable… Read more »

Changing relations with China require reconsideration of AI lab

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According to the New York Times, when Microsoft opened an advanced AI research lab in Beijing in 1998, it was a time of optimism about technology and China. Questions: Source: Weise, K., C. Metz, and D. McCabe (2024). Microsoft Debates What to Do With A.I. Lab in China. The New York Times, Jan 10 (Retrievable online… Read more »

Hacker surprise sets off brief market frenzy!

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According to the Washington Post, a false hacker post at the SEC’s official account on the social media platform X (previously Twitter), set off a brief frenzy among crypto traders before the agency regained control. Questions: Source: Menn, J. (2024). Hackers seize control of SEC’s X account to promote crypto. The Washington Post, Jan. 10… Read more »

This Year’s Large-Scale Layoffs and Their Companies

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According to the Washington Post, some of the deepest cuts have occurred in the tech and media sectors such as Microsoft, Amazon, Salesforce, HP, and the parent companies of Google and Facebook. Questions: Source: Mark, J., H. Shaban, A. Gregg, and J. Bogage. (2023). These are some of the notable companies laying off workers. The… Read more »