At the White House’s Conference on Hunger, Nutrition, and Health today, Kroger’s (KR) health division announced it’s partnering with the American Heart Association and the Rockefeller Foundation to launch a “Food is Medicine Research Initiative” to address health inequity and chronic disease. Part of the long-term strategy includes a more interactive online shopping experience that grades the healthiness of choices, more affordable pricing for nutritious foods, and, eventually, a link between… Source link
Read More »Dan Loeb buys new stake in Disney, lays out key initiatives ‘to unlock further value’
Dan Loeb is once again bullish on Disney (DIS). According to a letter the activist investor sent to CEO Bob Chapek, Loeb’s Third Point has repurchased “a significant stake” in the media giant, causing shares to rise 2%. Loeb, who previously held a stake in the company from 2020 to early 2022, praised Disney’s positive Q3 earnings results, citing strength in Disney’s streaming business. “We’re particularly pleased to see the strength in DTC subscriber growth, the key driver of Disney’s… Source link
Read More »Infrastructure package without climate initiatives ‘would be a hard sell’ : New Mexico Senator
As lawmakers offer dueling infrastructure proposals in an effort to get a bipartisan bill across the finish line, New Mexico Senator Martin Heinrich (D) is looking to a different option: pushing forward with the president’s climate priorities, through budget reconciliation. In an interview with Yahoo Finance Live, Heinrich said the infrastructure package and climate initiatives will likely “move in parallel” given the lack of Republican support for a broader $2 trillion proposal, focused… Source link
Read More »Google announces $25 mn grant for women, several other initiatives
Google on Monday announced a $25 million grant for nonprofits and social enterprises in India and globally that are doing important work to help women and girls reach their full potential. The grant will be provided under Google’s charitable arm Google.org as an Impact Challenge for Women and Girls. “Women are almost twice as likely to lose their jobs during the pandemic and an estimated 20 million girls are at… Source link
Read More »Russia's Yandex to spend $400-500 mln on e-commerce initiatives -CFO – Yahoo Finance
Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link
Read More »Apple announces racial equity and justice initiatives as part of $100 million program
Apple CEO Tim Cook, right, chats with an attendee at the Steve Jobs Theater during an event to announce new products Tuesday, Sept. 10, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar) Apple (AAPL) on Wednesday announced a slew of investments as part of a $100 million initiative to combat racial inequity and injustice. The moves, part of the company’s Racial Equity and Justice Initiative (REJI), includes a $25 million contribution to the Propel Center, an innovation and learning hub for… Source link
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