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October 25, 2021

Business

Salad chain Sweetgreen files to go public, hopes to double footprint within 5 years

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CNBC – For more and to sign up click here A Sweetgreen location in Bethesda, Maryland. Jeffrey MacMillan | Getty Images Salad chain Sweetgreen filed Monday to go public on the New York Stock Exchange under the ticker SG, aiming to become the latest restaurant company to hit the public......

Facebook invests billions in metaverse efforts as ad business slows

Reuters
3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic/Illustration Oct 25 (Reuters) – Facebook Inc (FB.O) said on Monday it will start breaking out the financials for its virtual and augmented reality unit, an announcement that comes as its main advertising......

Harvard professors warn that war-torn countries will miss global vaccine goals in 2022

CNBC
CNBC – For more and to sign up click here Taliban members gather and make speeches in front of Herat governorate after the completion of the U.S. withdrawal from Afghanistan, in Herat, Afghanistan on August 31, 2021. Mir Ahmad Firooz Mashoof | Anadolu Agency | Getty Images War-torn countries will......

Facebook beats on earnings despite revenue miss

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CNBC – For more and to sign up click here Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019. Erin Scott | Reuters Facebook shares rose in extended trading on Monday after the company reported better-than-expected third-quarter earnings while revenue missed......

Tesla-Hertz EV deal signals to national rental car fleets it’s time to go electric

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CNBC – For more and to sign up click here The economics of the rental car industry give companies including Avis Budget Group and Enterprise Holdings multiple reasons to go slow on the adoption of electric vehicles. Just think of how much money they make every time a renter forgets......

Trump SPAC Digital World Acquisition drops 10% after huge gains on social media merger news

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CNBC – For more and to sign up click here The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images The SPAC stock linked to Donald Trump’s planned social media platform sharply dropped in price Monday afternoon after booking......

Bezos’ Blue Origin unveils private space station ‘business park’ to be deployed later this decade

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CNBC – For more and to sign up click here A rendering of the “Ocean Reef” space station in orbit. Blue Origin WASHINGTON – Jeff Bezos’ Blue Origin on Monday unveiled its plan for a private space station called “Orbital Reef,” which it will build in partnership with multiple space......

Allbirds targets a more than $2 billion valuation in upcoming IPO

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CNBC – For more and to sign up click here Allbirds shoes consist of wool, and the laces consist of recycled plastic bottles. Source: Allbirds Allbirds is targeting a valuation of as much as $2.2 billion in its initial public offering, the company said Monday in a regulatory filing. Its......

Moderna says its Covid vaccine generates strong immune response in 6- to 11-year-olds

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CNBC – For more and to sign up click here With her husband Stephen by her side Erin Shih hugs her children Avery 6, and Aidan, 11, after they got their second Moderna COVID-19 vaccines at Kaiser Permanente Los Angeles Medical Center on Friday, June 25, 2021. Sarah Reingewirtz |......

Rocket builder ABL raises $200 million, increasing valuation to $2.4 billion

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CNBC – For more and to sign up click here An RS1 rocket booster is shipped out of the company’s headquarters in El Segundo, California. ABL Space Rocket builder ABL Space on Monday announced the close of a $200 million round of funding from existing investors, bumping the private company’s......

Burger King parent earnings beat but labor challenges weigh on sales

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CNBC – For more and to sign up click here A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Restaurant Brands International on Monday reported quarterly earnings that topped Wall Street’s expectations, but its revenue fell short as labor challenges weighed on sales.......

The Dallas Cowboys are back and fans of ‘America’s Team’ are elated over the NFL’s richest franchise

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CNBC – For more and to sign up click here Dak Prescott #4 of the Dallas Cowboys scrambles with the ball in the fourth quarter against the New England Patriots at Gillette Stadium on October 17, 2021 in Foxborough, Massachusetts. Maddie Meyer | Getty Images Sport | Getty Images The......

Eco-Smart Company Keeps Landfills Free of Old Textile Fibers – Business

@BreaknNews
(NewsUSA) – You probably don’t think much about the fate of old, worn-out uniforms from restaurants, stores, healthcare facilities, sports teams, and other industries. But the fact is that many end up in landfills. However, one company is doing its part to lessen this carbon footprint by repurposing these old......

Covid vaccine boosters are now available. Here’s who’s eligible for Pfizer, Moderna and J&J’s shots

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CNBC – For more and to sign up click here A patient receives their coronavirus disease (COVID-19) vaccine booster during a Pfizer-BioNTech vaccination clinic in Southfield, Michigan, U.S., September 29, 2021. Emily Elconin | Reuters Nearly 100 million people nationwide are immediately eligible to receive Covid booster shots after the......

Facebook whistleblower releases documents to multiple news outlets showing company knows the harm it causes

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CNBC – For more and to sign up click here With an image of himself on a screen in the background, Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill October 23, 2019 in Washington, DC. Chip......

Without firm school mask mandate deadlines, ‘we can sleepwalk into indefinite masking,’ says Harvard professor

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CNBC – For more and to sign up click here Harvard University associate professor Dr. Joseph Allen argued in favor of pulling back on masking children in schools, especially as U.S. drug regulators are set to authorize the Covid-19 vaccine to kids ages 5 to 11. “We have to be......

Evolving Approaches to Elective Surgery After COVID-19 – Business

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(NewsUSA) – COVID-19 has changed the way Americans approach elective surgery, sometimes in unexpected ways. For example, a 16-year-old, dedicated sousaphone player, had two flat feet that made marching painful. But a hectic high school schedule didn’t leave time for the corrective orthopedic surgery needed since birth. “Both of our......

Homestyle Recipes Take the Cake for Gifts, Fundraising – Food

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(NewsUSA) – As the holiday season approaches, so does the dilemma of holiday and year-end gift-giving. Whether you are seeking something for a friend, family member, or long-absent colleague, edible gifts are a can’t-miss choice, and the range of tasty treats goes far beyond a prepacked gift basket. Like many......

Fatal prop gun shooting shows why Hollywood crews are fighting for better working conditions

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CNBC – For more and to sign up click here Security guards and a compliance officer at New Mexico’s Bonanza Creek Ranch on Oct. 22, 2021, the film set where actor Alec Baldwin fatally shot cinematographer Halyna Hutchins and wounded a director when he discharged a prop gun. Adria Malcolm......

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