(CTN News) – When a banking crisis hits, it can be scary and uncertain. With economic uncertainty looming, knowing where to invest your money can be tough. The good news is that there are still safe places to put your money during a banking crisis. This article will explore some of the best options for investing your money during a financial crisis. Government Bonds Government bonds are considered one of the safest investment options during a banking crisis . They are issued by the government and backed by the full faith and credit of the government. This means that they are considered to be almost risk-free investments. In times of financial uncertainty, investors flock to government bonds as a safe haven for their money. High-Quality Corporate Bonds High-quality corporate bonds are another safe investment option during a banking crisis. Companies issue these bonds with strong credit ratings and financial stability. While they may not be as safe as … [Read more...] about Where to Invest During a Banking Crisis: Safe Options for Your Money
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The 10 most innovative companies in beauty of 2023
Explore the full 2023 list of Fast Company’s Most Innovative Companies , 540 organizations that are reshaping industries and culture. We’ve selected the firms making the biggest impact across 54 categories, including advertising , architecture , design , and more. Nature has typically been the first place that beauty companies turn to for solutions to aging and skin imperfections. Now there’s a new source—biotech—and it takes its inspiration from the pharmaceutical industry. The move toward lab-generated ingredients that promise to improve on what scientists would find in nature dovetails with society’s larger embrace of personalized medicine, including cell and gene therapy, says Sarah Broyd, a partner at Durham, North Carolina–based Clarkston Consulting who specializes in consumer healthcare and pharmaceuticals. “Even the mRNA technology used in some of the COVID vaccines has contributed to a greater general understanding of how biotechnology works, which has … [Read more...] about The 10 most innovative companies in beauty of 2023
Beauty Pageants And Academia – The Perfect Contradiction?
Share to Twitter Share to Linkedin When you think of beauty pageants, what’s the first thing that comes to mind? Probably not academia, social responsibility or sustainable finance. Dr Ana Nacvalovaite, Research fellow at Kellogg College, University of Oxford, says otherwise. Aside from being a distinguished academic and renowned expert within her field of work, Ana is also Mrs Great Britain, and will soon be competing in the semi-finals for “Mrs Globe”. At first it may seem like a contradiction, but for Ana, the world of pageants and academia intersect in several ways. “Beauty pageants have given me a platform to promote social and environmental issues that are important to me, such as gender equality, human rights, and sustainability. It has given me a stage to speak” she tells me. “As an academic, I'm passionate about promoting social responsibility and sustainability and all aspects of society. So, my involvement in the beauty pageant has given … [Read more...] about Beauty Pageants And Academia – The Perfect Contradiction?
The $100 genome has been a biotech holy grail for decades. This company made it a reality
Ultima Genomics is No. 33 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. After nearly six years in stealth mode, in May 2022, Ultima Genomics stunned the scientific community with the announcement of a breakthrough in DNA sequencing: a $100 genome, a sixfold reduction in cost over existing technologies and a staggering reduction from the cost of the first fully sequenced human genome, which is estimated to have been between $500 million and $1 billion. Ever since biotech company Illumina developed a way to sequence the human genome in 2014 for less than $1,000, it has dominated the next-gen sequencing field and the cost of sequencing a full human genome has hovered around that price point. Only in 2022 did the going price dip to about $600—still a high price that Ultima founder and CEO Gilad Almogy says is hindering more widespread use of sequencing to understand … [Read more...] about The $100 genome has been a biotech holy grail for decades. This company made it a reality
This platform is helping educators assess and manage all their edtech tools
LearnPlatform is No. 38 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. As the pandemic unfolded, educators grew more and more reliant on a vast array of digital tools. The average school district currently uses more than 1,400 edtech products each month, nearly three times the number they used just five years ago. Between this influx of new technology and funding requirements that mandate federal dollars go toward “evidence-based services,” schools are eager to prove that these digital solutions actually work. LearnPlatform helps educators analyze the efficacy of their edtech portfolio via its algorithms and automated data analysis that’s fine-tuned by both data scientists and former educators. As of 2022, LearnPlatform has run more than 1,200 evaluations for districts that serve nearly 10 million students and teachers; and in 2021 its school customers ran more than … [Read more...] about This platform is helping educators assess and manage all their edtech tools
Why Maven Clinic is the highest-valued startup in women’s health
Maven Clinic is No. 30 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. In the wake of the Supreme Court’s Dobbs decision, employers now serve as a backstop for abortion access in this country. Maven Clinic is a virtual healthcare provider with a focus on women’s health, offering everything from OB/GYN care to egg freezing and lactation consultations. Today, it’s also helping the companies that offer its services as an employee benefit to navigate the new landscape for reproductive care. The month after the ruling, Maven saw a 67% bump in companies looking to add reproductive health benefits, and founder and CEO Kate Ryder conducted online workshops for hundreds of human resources leaders on how to upgrade their offers. The company’s three-year-old Maven Wallet app helps to reimburse patients if they need to travel out of state for care and speeds reimbursement from … [Read more...] about Why Maven Clinic is the highest-valued startup in women’s health
From video games to Bad Bunny, this Argentinian studio is breaking new ground in AR and VR
3dar is No. 47 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. 3dar, which started almost 20 years ago as an animation studio led by two filmmakers and brothers, has grown its profile and expanded its scope, growing into a leading production studio in virtual and augmented reality, using the technology to engage users and tell stories. The Buenos Aires, Argentina–based company was among Meta’s biggest AR filter partners in Latin America last year—creating selfie filters and social games for Instagram and Facebook throughout the year. It also earned a Lion at the 2022 Venice Film Festival in September for Eggscape , an immersive, mixed-reality game that turns a player’s environment into the backdrop for VR gameplay, in which players use the Meta Quest 2’s pass-through mode to guide an anthropomorphic egg through an AR obstacle course. 3dar’s mix of real-world … [Read more...] about From video games to Bad Bunny, this Argentinian studio is breaking new ground in AR and VR
This pharma giant is making sure new medicine works for more people
Bristol Myers Squibb is No. 18 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. In 2022, Bristol Myers Squibb found itself on the cutting edge of drug development—reflected not only in groundbreaking products but in a sweeping diversity agenda. The New York City–based company, which reported 2022 revenue of $46.2 billion, had three drugs approved by the FDA last year: Opdualag, a first-line treatment for advanced melanoma, in March; Camzyos, a first-in-class cardiac drug for symptomatic obstructive hypertrophic cardiomyopathy, in April; and, in September, Sotyktu, the first new oral treatment for moderate-to-severe plaque psoriasis in nearly 10 years, discovered by BMS scientists. In 2022, these three new drugs had $284 million in combined sales. For most other pharma companies, that would be sufficient to appease investors and grow the business, but alongside its work … [Read more...] about This pharma giant is making sure new medicine works for more people
Patagonia uses capitalism to save the planet with the Holdfast Collective
Holdfast Collective is No. 4 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. In September 2022, Patagonia, renowned for being at the forefront of environmental advocacy, sustainable production, and progressive business practices, had a new declaration: Earth would be its only shareholder. What that actually meant was that founder Yvon Chouinard and his family had given up ownership, transferring the company’s voting stock to the Patagonia Purpose Trust and the other 98% of its ownership to the Holdfast Collective , a new 501(c)(4) organization. Holdfast’s mission is to preserve wildlands and pursue other nature-based climate solutions, fund grassroots environmental organizations, and support politicians working to fight the climate crisis. Although other companies have used this organizational structure for philanthropic ventures, Patagonia is taking a different … [Read more...] about Patagonia uses capitalism to save the planet with the Holdfast Collective
Tarriela earns her seat at the table
PLANTITA Flor Tarriela, a corporate leader, ex-banker, gardening aficionado —Flor’s Garden website Having made strides in the corporate world for over three decades, Flor Gozon-Tarriela proves that a woman can earn and hold her seat at the table dominated by men. She was recently installed as lead independent director at local mining giant Nickel Asia Corp. (NAC), one of two female directors on the board who are able to offer truly impartial and independent insights when it comes to decision-making. Tarriela is joined by Maria Patricia Riingen, another female trailblazer who had held various executive positions at Western Union, Asian Development Bank and Citibank N.A. “Mining is actually close to my heart. My father (Benjamin M. Gozon) used to be the director for the Bureau of Mines for 14 years before he became the secretary of the Department of Agriculture and Natural Resources,” says Tarriela. “I look at NAC and it’s doing very well, it’s very progressive,” she adds. … [Read more...] about Tarriela earns her seat at the table