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April 15, 2021

Innovation

Cathie Wood’s Ark Innovation fund is set for a big rebound Tuesday as Tesla, other tech darlings pop

CNBC
CNBC – For more and to sign up click here Cathie Wood, CEO and founder of ARK Invest. CNBC Widely followed investor Cathie Wood is about to recoup some of her recent sharp losses as tech stocks rebounded Tuesday after a brutal correction triggered by surging bond yields. Wood’s flagship......

Ford rejects U.S. ITC criticism over SK Innovation battery deals

Reuters
WASHINGTON (Reuters) – Ford Motor Co on Friday dismissed criticism from the U.S. International Trade Commission over its decision to pursue battery contracts with SK Innovation. The ITC said Ford pursued new contracts after evidence had emerged the South Korean electric vehicle (EV) battery maker misappropriated trade secrets from cross-town......

Mondelez International resetting its innovation agenda

FoodBusinessNews
CHICAGO — Executives at Mondelez International, Inc. accelerated several strategic initiatives last year to position the company to emerge stronger from the pandemic, said Dirk Van de Put, chairman and chief executive officer. Efforts included reducing expenses, simplifying operations and investing in brands and capabilities. “Our actions leading up to......

Yellen says Treasury will fight misuse of cryptocurrencies, foster innovation

Reuters
FILE PHOTO: Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Berry WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk”......

Yellen eyes innovation to battle misuse of cryptocurrencies, narrow digital gaps

Reuters
By Andrea Shalal, David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce inequality. FILE PHOTO: Former Federal Reserve Chairman Janet Yellen......

Post seeks ways to unlock cereal innovation

FoodBusinessNews
ST. LOUIS — Post Holdings, Inc. is “cautiously optimistic” that two of its efforts to uncover more fundamental cereal category innovation may come to fruition, said Robert V. Vitale, president and chief executive officer of the St. Louis-based company. “Premier Protein cereal has launched with great success at limited distribution,”......

The who, what and where of Elon Musk’s $100 million prize money for carbon capture innovation

CNBC
CNBC – For more and to sign up click here The details behind Elon Musk‘s $100 million prize for the best carbon capture technology are coming into focus. On Jan. 21 when the Tesla CEO tweeted he would be donating $100 million toward a prize for the best carbon capture......

Samsung’s high-end smartphones signal the innovation it has in store for the rest of its products, analyst says

CNBC
CNBC – For more and to sign up click here SINGAPORE — Samsung is due to launch its newest Galaxy smartphones on Thursday and these pricey devices are expected to deliver in terms of revenue and margins, an analyst told CNBC. The South Korean tech giant’s high-end flagship devices are......

Chew innovation lab strives to ‘democratize good food’

FoodBusinessNews
BOSTON — Adam Melonas is respectfully tightlipped about the work underway at Chew, his food innovation lab, where a team of chefs, scientists and manufacturing experts has developed more than 3,500 products and co-authored more than 40 patents or patents pending, generating over $4 billion in market value in the......

Diners seeking global innovation

FoodBusinessNews
CERRITOS, CALIF. — With the absence of travel and consumers spending more time at home, restaurants may provide the opportunity for diners to supplement lost experiences with global flavors and dishes, according to a new report from T. Hasegawa USA, Inc. The report cited a study from Mintel that found......

Confectionery industry boosted by low-sugar innovation

FoodBusinessNews
KANSAS CITY — Sales of chocolate and candy increased during the pandemic as shoppers sought comfort amid uncertain times, according to data from the National Confectioners Association (NCA) released in late August. Overall, between mid-March and August sales of candy increased 3.8% and chocolate grew 5.5%, with premium chocolate up......

Innovation, investments and increased sales bolster the packaged foods industry

FoodBusinessNews
KANSAS CITY — The center of store became the epicenter of surging food and beverage sales in 2020. In-home eating brought on by coronavirus (COVID-19) lockdowns provided the impetus. Along with increased sales, innovative new products hit the frozen food and soup categories while facility investments came in frozen pizza.......

Winners Announced for iGEM’s 2020 Premier Synthetic Biology Innovation Competition

@BreaknNews
International student teams bring home grand prize and nominations to China, France, Germany, Lithuania, Netherlands, and Taiwan. BOSTON – Nov. 22, 2020 – — iGEM, the pioneering organization of synthetic biology, announced the winners of its annual international student competition at the iGEM 2020 Virtual Giant Jamboree, the largest synthetic biology......

Darifair Foods breaks ground on new innovation center

FoodBusinessNews
JACKSONVILLE, FLA. — Culinary and food science company Darifair Foods broke ground on a new, 47,500-square-foot corporate headquarters and innovation center in Jacksonville, Fla. The facility will house the company’s marketing, sales, customer service, research and development, finance, supply chain and IT functions with socially distanced workstations. The innovation center......

New Laws Keep Pandemic-Weary California at Forefront of Health Policy Innovation

KHN
SACRAMENTO, Calif. — Though COVID-19 forced California leaders to scale back their ambitious health care agenda, they still managed to enact significant new laws intended to lower consumer health care spending and expand access to health coverage. When Democratic Gov. Gavin Newsom concluded the chaotic legislative year Wednesday — his......

Nine Educational Livestreams Coming From Historical Sites in the United States | Innovation

Smithsonian
If your kids are complaining about being bored, perhaps it would be helpful to remind them of a time when the average child’s only toys were a wooden hoop and a ragged cloth doll. Here to give children a historical perspective are some of America’s top historical sites, from Thomas......

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