Editor's note: Below you'll find the week 97 release of the NYC Recovery Index, originally published July 12, 2022. Visit the NYC Recovery index homepage for the latest data. New York City’s economy continued to recover at a modest pace for the week ending July 2, 2022, with the overall index score rising one point to a score of 75 out of 100. Index gains were driven by a surge in restaurant reservations, which recorded their best result of the pandemic recovery thus far. On the downside, the COVID-19 hospitalization rate continued to rise, subway ridership declined for the second consecutive week, and rental vacancies declined further. New York City’s economic recovery stands at a score of 75 out of 100, according to the New York City Recovery Index, a joint project between Investopedia and NY1 . Over two years into the pandemic, New York City’s economic recovery is three-quarters of the way back to pre-pandemic levels. COVID-19 Hospitalizations Continue to Rise … [Read more...] about The New York City Recovery Index: July 11
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Can Splooting Help Beat The Heat? Here’s Why Squirrels Are Heat Dumping
Share to Twitter Share to Linkedin If you are feeling a little too hot at work (in a temperature and not a sexiness sense), should you just lay on the floor on your belly and spread out your arms and legs? After all, that’s what many squirrels seem to be doing these days. With temperatures at the too freaking hot levels in recent week, squirrels and other animals have been doing a lot of “splooting” to beat the heat. Now, you may be wondering whether “splooting” is a made-up word because spell-check recommends using “looting” instead. But “looting” at work would be very different from “splooting” there, and the New York City (NYC) Department of Parks & Recreation defined “splooting” as “stretching out” on “cool surfaces to reduce body heat” on a tweet on Tuesday: As you can see in the tweet, another word for splooting is “heat dumping,” which I described for Forbes about a year ago . By stretching yourself out, you are trying to maximize the … [Read more...] about Can Splooting Help Beat The Heat? Here’s Why Squirrels Are Heat Dumping
Is it worth upgrading KL’s old buildings?
This article first appeared in City & Country, The Edge Malaysia Weekly, on August 1, 2022 - August 07, 2022. The Zhongshan Building, which was built in the 1950s, has been restored at a cost of RM1 million and now houses an arts and research community (Photo by Patrick Goh/The Edge) - A + A Kuala Lumpur is an amazing city. The mix of old and new buildings juxtaposed with pockets of greenery presents a tropical feel that only a few cities can boast of. As the city moves with the times, what is to be done to the older buildings? Should they be replaced with something sparkling new? Or should we consider the historical value they bring to the landscape? City & Country asks property experts about the practicalities of upgrading these old properties — be it through converting, refurbishing or rebuilding. “This is a very interesting and evergreen topic, where all developers or landowners would like to know what to do with their old buildings when they … [Read more...] about Is it worth upgrading KL’s old buildings?
Is The FBI Corrupted To Its Core?
Federal Bureau of Investigation (FBI) director Christopher Wray is running the agency at a time when even J. Edgar Hoover would blush at the FBI’s brash anti-American tactics. Hoover’s FBI infamously spied on Americans and gathered intelligence on high-ranking officials like sitting U.S. presidents. But Hoover never raided the home of former President Richard Nixon after his involvement in the 1972 break-in of the Democratic National Committee ( DNC ) headquarters located in the Watergate Office Building. Unlike Wray’s FBI, which raided former President Donald Trump’s personal Mar-a-Lago home for over ten hours on Monday. The FBI removed several boxes reportedly linked to the U.S. Department of Justice ( DOJ ) investigation into whether Trump mishandled White House documents — a significantly lesser offense than Nixon. (RELATED: Trump Alleges FBI Blocked Lawyers From Watching Raid, Says He Hopes FBI Wasn’t Planting Evidence) View of the room from where five … [Read more...] about Is The FBI Corrupted To Its Core?
Editor Daily Rundown: Inflation Crush Continues
INFLATION CRUSH CONTINUES… CNBC: Wholesale inflation rose 11% in April as producer prices keep accelerating Prices at the wholesale level accelerated further in April, part of a broader inflation problem persisting through the U.S. economy, the Bureau of Labor Statistics reported Thursday. The producer price index, which tracks how much manufacturers get for products at their initial sale, rose 0.5% on the month and 11% from a year ago, a decrease from the record 11.5% in March. Excluding food, energy and trade services, core PPI rose 0.6% in April and 6.9% from a year ago, the latter a decline from 7.1% last month. AFTER SEVERAL FIRE BOMBINGS OF PRO-LIFE GROUPS & THE AT-HOME INTIMIDATION OF SUPREME COURT JUSTICES, AG GARLAND FINALLY ISSUES A STATEMENT… CNBC: AG Garland directs U.S. Marshals to help ‘ensure the Justices’ safety’ after leaked Supreme Court abortion draft The head of the Department of Justice on Wednesday directed the U.S. Marshals Service to … [Read more...] about Editor Daily Rundown: Inflation Crush Continues
FMCG companies bet on pet food as ownership jumps in India
Representational image. (Shutterstock) Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Pet food and pet care products have taken off in India with a spike in pet ownership and FMCG players are out to grab a share of this market, which is estimated to triple to $1.26 billion four years from now. Emami , a skin and healthcare products maker with brands such as BoroPlus, Navratna, and Zandu Balm, acquired a 30 percent stake in pet-care startup Cannis Lupus Services India in July. The company sells pet food branded Fur Ball Story. Nestle India bought Purina Petcare India for Rs 125 crore. Globally, Purina Petcare is owned by Nestle and was launched in India as a separate entity in 2017. Pet food brands such as Pedigree, Royal Canin, Whiskas, and Drools have been around in the Indian market for years. Mars Petcare, which makes … [Read more...] about FMCG companies bet on pet food as ownership jumps in India