Tag Archives: Industry

Health inequity is costing the U.S. health system billions of dollars annually, and could reach $1 trillion by 2040, according to a new report from Deloitte. But, according to the report’s authors, there is one bright spot on the horizon. Boards of health companies are increasingly focused on addressing inequity. Health equity became a popular phrase during the pandemic and following the murder of George Floyd as calls grew to address systemic inequities in the U.S. For years, studies have… Source link

(Bloomberg) — China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components. Most Read from Bloomberg Nineteen of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from the world’s No. 2 economy, according to data compiled by Bloomberg. That compared with just 8 at the same point last year. Those China-based… Source link

Remember the outrage when a handful of U.S. oil refineries closed in 2020? If you don’t, that’s because there wasn’t any outrage. Oil and gasoline prices were blissfully low and the COVID-19 pandemic dominated the news. Hardly anybody noticed. Energy investors certainly did, however, because 2020 was one of the worst years in history for energy producers. Exxon Mobil notched the first loss in its history, a gigantic $22 billion write-off. The five biggest U.S. oil refiners — Marathon… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Apple’s VR headset is its most important product in years Apple (AAPL) will host its annual WWDC developers conference live from its Cupertino, California headquarters on June 6. While there are certain to be plenty of announcements and demos, including our first looks at iOS 16, watchOS 9, and… Source link

With 4/20 in the rearview mirror for the cannabis industry, some companies are still looking for reasons to celebrate as the fight to legalize marijuana continues. The Biden administration has been mostly silent on the topic of federal marijuana legalization, offering neither support nor opposition to the bill which passed the House of Representatives earlier this month. The Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, if signed into law, would remove marijuana from the list… Source link

Pernod Ricard (RI.PA) is officially in the metaverse with Absolut’s Coachella activation, allowing “real life to meet virtual life.” For the first time ever, the second largest spirits & wine maker Pernod Ricard, unveiled an experience in the metaverse dubbed Absolut.Land with its brand Absolut Vodka. North America CEO Ann Mukherjee told Yahoo Finance the global company partnered with Decentraland over other potential partners in the space, including Meta’s Horizon Worlds (FB) and Roblox ( Source link

After three weeks of holding up traffic on the D.C. Beltway, the so-called “truckers’ convoy” is moving on from Washington D.C., for now. One person who will clearly not miss them is Transportation Secretary Pete Buttigieg, who oversees the trucking industry and is currently in the middle of an effort to recruit more drivers to the field. He says the rhetoric from right-wing protest group, which originally formed to protest coronavirus mandates, is not representative of truckers overall. Asked… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, April 5, 2022 There’s a widespread labor shortage across the country, but that’s nothing new for the construction industry. During the homebuilding boom of the early 2000s, there was a lack of construction workers that was briefly cured when the housing market collapsed during the Great Recession and foreclosure crisis. But the… Source link

Shut down for two years due to COVID-19, festivals like Coachella and Stagecoach are finally making their comebacks — but the return of live events comes with a new set of hurdles as labor shortages, supply chain backlogs, and rising costs rock an industry that’s in the midst of a recovery. “We lost over half our staff to other industries,” said Daniel Nickleski, the COO of Illinois-based festival, concert and event production company Sound Works Production. The executive explained that… Source link

Unlike traditional automakers, electric-vehicle (EV) maker Tesla (TSLA) can dynamically raise or lower prices at will — and it has just done that, again. For the second time in a week, Tesla is raising prices across the board for its U.S. product range encompassing the Model 3, Model Y, Model S, and Model X. Here are a few notable hikes: Model 3 Rear-Wheel-Drive, Tesla’s cheapest vehicle, went up $2,000 to nearly $47,000 Model 3 All-Wheel Drive jumped $2,500 to $54,500 The base version of… Source link