As the US crisis was heating up, in a 2007 article Warren argued how it was difficult to see a bread toaster putting a house on fire, but at the same time there was a strong chance that mortgages could lead to families burning all their income and be made homeless. She pointed how this was not always the case and there was a time when buying a toaster meant risking outing the house on fire, narrating her own experience. Thanks to government regulations, safety standards of toasters improved and made them safer for households to buy toasters without worrying of a fire. … [Read more...] about Yes Bank | Why is a Financial Redressal Agency missing when it is needed most?
Yesterday, Microsoft said it wants to continue discussions about buying TikTok in the United States, Uber announced last month that it was acquiring Postmates, and Amazon snatched up the self-driving car company Zoox. Other companies that have expressed interest in deals include Honeywell and Nestlé. … [Read more...] about This is why 7-Eleven’s owner is buying Speedway from Marathon Petroleum for $21 billion
“Some people buy their North Face jacket and backpack to get out in the woods and away from things,” says Spaletto. “So when they’re in line at the coffee shop and see half the people wearing a North Face jacket, they may question whether this is still a brand that represents their lifestyle. And that’s on us to get our message out, showing it through the product that we make, but also the stories we stand for and the good work we do in sustainability and participation. If you make great products and tell inspiring stories, either on our own or through people like Jimmy in Meru, that is a very powerful reinforcement to the brand’s foundation.” … [Read more...] about How The North Face Uses Hardcore Exploration To Inspire Everybody Else
For hundreds of years, the cause of disease was believed to be miasmas, or foul-smelling air. Eventually, in the 1880s, medical science realized invisible microorganisms were the source of contagion, and that germs could be quietly passed from person to person. Unlike miasmas, which could be identified through smell, germs moved undetected through crowded cities. They were everywhere. … [Read more...] about How creativity can help us navigate COVID-19: Lessons from the 19th century
Trump also said that this partnership will produce about 25% of all active ingredients needed to make generic drugs in the U.S. But shares of Kodak rose 25% before the announcement was public. Yesterday, Senator Elizabeth Warren of Massachusetts publicly called for the SEC to investigate the circumstances. … [Read more...] about Report: The SEC is investigating details around Eastman Kodak’s government loan