Why banks consider renewable energy to be a riskier investment than fossil fuels
May 16, 2024 01:42 am UTC| Insights & Views Investing Business
The financial sector is among the worlds most heavily regulated industries and for good reason. Financial rules, which force banks to hold capital in reserve when making riskier investments, are designed to prevent...
McDonald’s Rolls Out $5 Meal Deals to Emphasize Affordability Amid Rising Costs
May 15, 2024 18:11 pm UTC| Business
McDonalds appears to be fighting for customers one bargain at a time. McDonalds has experienced criticism for raising pricing in recent years, resulting in less revenue from lower-income customers and decreased foot...
ECB Calls for Monitoring and Possible Regulation of AI in Finance
May 15, 2024 09:07 am UTC| Business Technology
The European Central Bank (ECB) has highlighted the need for careful monitoring and potential regulation of artificial intelligence (AI) in the financial sector to prevent harm to consumers and ensure market stability....
Aldi, Hy-Vee Recall Cream Cheese Products Over Potential Salmonella Contamination
May 15, 2024 08:09 am UTC| Business Health
Shoppers at Aldi and Hy-Vee need to check their refrigerators for cream cheese products that have been recalled due to potential salmonella contamination. Details of the Recall On May 9, Aldi announced a recall in...
Semaglutide's Benefits Beyond Weight Loss: New Insights from the SELECT Trial
May 15, 2024 07:45 am UTC| Health Business
New analyses presented at the European Congress on Obesity reveal the multifaceted benefits of semaglutide, a popular weight-loss drug sold under the brand names Ozempic and Wegovy. These findings show that semaglutide not...
Converse Faces Job Cuts as Nike Aims for $2 Billion in Cost Savings
May 15, 2024 07:42 am UTC| Business Sports
Converse, a well-known footwear brand, is set to reduce its workforce. This decision comes as part of Nikes comprehensive $2 billion cost-saving strategy, aiming to streamline operations over the next three...
Coca-Cola Launches Data-Driven Insights Platform for Retail and Foodservice Industries
May 15, 2024 07:33 am UTC| Business
The Coca-Cola Co. has launched Coca-Cola Lens, a cutting-edge insights platform. This innovative tool equips businesses to make informed, data-driven decisions by magnifying relevant trends and anticipating consumer...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects