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☆ Agtech valuations were crushed in 2023. But food security concerns will keep it on the agenda.
▼ + stars: | 2024-03-05 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

The Agtech Unicorn Index, which tracks venture-backed startups in the sector worth over $1 billion, recorded a 20% decline in 2023, according to the Morningstar Unicorn Market Monitor Q4 2023 update. Advertisement"There are more software companies that have sprouted over the past decade, but it traditionally requires fairly technical knowledge about plants and biology." London’s vertical farming unicorn InFarm also struggled and shuttered in Europe . Indeed, PitchBook’s Frederick anticipates agtech will outperform the broader VC ecosystem in the near term due to issues around food security, per PitchBook’s Agtech Q4 2023 report. More broadly, the number of companies hitting unicorn status was at its lowest level since 2017, with 81 new unicorns entering the Morningstar PitchBook Global Unicorn Index in 2023.

Persons: —, Alex Frederick, Frederick, Po Bronson, Bronson, PitchBook’s Frederick, agtech, ” Frederick Organizations: Service, Business, Morningstar, US, Farmers Business Network Locations: cybersecurity, Europe, Ukraine, India, California, Spain

LAS VEGAS (AP) — Las Vegas proposed to the NFL in December 2021. “Let’s just marry these brands, and let’s bring the Super Bowl here,” Steve Hill, president and CEO of the Las Vegas Convention and Visitors Authority, recalled telling a room of NFL franchise owners. The betrothal culminates Sunday in a not-so-intimate ceremony at Allegiant Stadium, where the city will host its first-ever Super Bowl. He isn’t alone in his excitement: Parking spots for private jets in and around Las Vegas have all been spoken for. Strolling across that span after a major event like the Super Bowl makes for a memory that can't be recreated, Naft said.

Persons: “ Let’s, let’s, Steve Hill, Elvis Presley impersonators, Vince Lombardi, ”, Seth Kaplan, Kaplan, Guy Fieri, Jeff Frederick, isn’t, “, Michael Naft, Mark Davis, Naft, Ty O'Neil Organizations: LAS VEGAS, NFL, Las Vegas Convention, Visitors Authority, Vegas, San Francisco 49ers, Kansas City Chiefs, Maxim, Royale, Resorts, Chapel, Bellagio, Aria, MGM Resorts International, ”, Las Vegas Raiders, Super Locations: Las Vegas, Bellagio, Australia, Clark, Vegas, Nevada

☆ How lawyers in the Trump ballot case are training for the Supreme Court arguments
▼ + stars: | 2024-02-02 | by ( Joan Biskupic | Cnn Senior Supreme Court Analyst | ) edition.cnn.com time to read: +10 min

Mitchell joined the case on behalf of Trump around the time arguments were underway at the Colorado Supreme Court. Georgetown’s Supreme Court Institute, for instance, relies heavily on attorneys who have served in the US solicitor general’s office, the government’s top lawyers before the Supreme Court. (The Institute, which operates on a non-partisan basis and offers its sessions for free, declined to comment on the Trump case arrangement.) Particularly valuable for any moot court, along with former members of the solicitor general’s office, are former Supreme Court law clerks. In that November 2021 controversy, the Supreme Court allowed Mitchell 10 minutes as an an intervenor on the Texas side.

Persons: Jason Murray, Donald Trump, Jonathan Mitchell, who’ve, Murray, Mitchell, It’s, ”, David Frederick, ” Frederick, Trump, John Roberts, Roberts, Amy Coney Barrett, Brett Kavanaugh, Elena Kagan, Samuel Alito, Anderson, Jack Dempsey, disqualifying, Bartlit Beck, Olson Grimsley, Kagan, Neil Gorsuch, Eric Olson, Sean Grimsely, Antonin Scalia, Roe, Wade . Kagan, Dobbs Organizations: CNN, Liberal, Trump, SPAN Murray, Colorado, Georgetown Law, Institute, Lawyers, Colorado Supreme, Organizers, Supreme, Harvard, Appeals, University of Chicago, Jackson, Health Organization Locations: Trump, Washington, Denver, Colorado, Texas

☆ The deterioration of corporate training has become a hot topic after a recent college grad said she was 'hired and fired' 6 days into her first job
▼ + stars: | 2024-01-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA recent grad who said she was "hired and fired in less than two weeks" from her first job out of college has sparked a conversation on TikTok about the deterioration of corporate onboarding. She said it was her first full-time job after graduating from college last August. Frederick said her colleagues told her they didn't know what to give her to do, which led her to feel "useless." She was told it wasn't working out and the company would be seeking another candidate.

Persons: —, Sierra Desiray Frederick, she'd, Frederick, hadn't, she's Organizations: Service, Aldi, Business Locations: Tennessee

☆ A bitcoin ETF seems to be just around the corner. How will financial advisors react?
▼ + stars: | 2023-11-09 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Edelman also founded Edelman Financial, a large firm of registered investment advisors. The potential of a bitcoin ETF has appeared to help fuel a recent rally in the cryptocurrency. Concerns from advisors Crypto's dramatic rise has largely come without the embrace of the traditional financial system, such as financial advisors and major banks. But not all financial advisors seem ready to embrace crypto just because investing in it is simpler. Client demand Even if advisors are skeptical of crypto, the arrival of bitcoin ETFs is sure to generate more questions from clients.

Persons: BlackRock, Ric Edelman, Edelman, Bitcoin, bitcoin, Sam Bankman, Randy Frederick, Frederick, Andrew Morgan, Taylor, Morgan, that's, Amy Hescht, They're Organizations: Nasdaq, Digital Assets Council, Financial Professionals, Edelman, The Securities, Exchange Commission, SEC, Blackrock, Schwab Center, Financial Research, Fidelity, Presper Financial, Advisors, fund's Locations: United States, U.S, Bitcoin, BlackRock, Michigan, Akron , Ohio

☆ Instacart stock subdued as debut enthusiasm loses steam
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Cheney Orr/File Photo Acquire Licensing RightsSept 20 (Reuters) - Grocery delivery app Instacart's stock (CART.O) fell nearly 5% in premarket trading on Wednesday, on course to join other new stock market entrants in failing to keep up with their strong gains on debut. Shares of San Francisco-based Instacart ended 12% higher in their Nasdaq debut on Tuesday, failing to hold onto an intraday gain of as much as 43%. The company's initial public offering on Monday had given it a valuation of nearly $9.9 billion. In August, it announced interest from PepsiCo (PEP.O), which has agreed to buy $175 million in preferred convertible stock. Reporting by Savyata Mishra and Niket Nishant in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Eric Cohn, Cheney Orr, Instacart, Alex Frederick, Frederick, Instacart's, Andrew Lipsman, Savyata Mishra, Niket, Devika Organizations: Safeway, REUTERS, Investors, San, Nasdaq, Walmart, Amazon, PitchBook, PepsiCo, Insider Intelligence, Thomson Locations: Tucson , Arizona, U.S, San Francisco, Bengaluru

Strong economic growth has spurred expectations that the Federal Reserve will leave rates higher for longer, pushing Treasury yields this month to their highest levels since 2007. The S&P 500 has lost 4% this month as the U.S. benchmark 10-year Treasury yield climbed to a more than 15-year high of 4.366% on Tuesday. Meanwhile, the S&P 500 technology sector (.SPLRCT) has dropped 5.7%, bitcoin has fallen over 10% and the ARK Innovation ETF (ARKK.P) - a bastion of many high-growth names - has dropped 18.5%. Stocks rose on Monday, with the S&P 500 closing up 0.7% and futures pointed to a further rise on Tuesday. The S&P 500 is over 8% below its January 2022 closing high.

Persons: Andrew Kelly, bitcoin, Sameer Samana, ”, Jerome Powell, Matt Maley, Miller, Goldman Sachs, Randy Frederick, Frederick, David Randall, Lewis Krauskopf, Ira Iosebashvili, Bill Berkrot Organizations: New York Stock Exchange, REUTERS, Treasury, Federal Reserve, Innovation, U.S ., Wells, Wells Fargo Investment Institute, Lipper, Investor, Deutsche Bank, Schwab Center, Financial Research, Thomson Locations: New York City, U.S, Wells Fargo, Samana, Jackson Hole , Wyoming

☆ Use this strategy to generate portfolio income from your stocks as markets rise
▼ + stars: | 2023-07-27 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

An options strategy that's done just right will let you capture appreciation as stocks rise and generate some portfolio income. Enter covered calls. With covered calls, rising markets introduce an element of risk: Sell a covered call against a stock that takes off on a hot streak, and you miss an opportunity. "The Nasdaq 100 has had some incredible runs, and investors missed out on those if they were in the covered calls strategy," Armour said. "In a year like 2022, I'm not sure the Nasdaq 100 covered calls strategy would feel defensive."

Persons: Randy Frederick, Frederick, Bryan Armour, It's, Armour, I'm Organizations: Schwab Center, Financial Research, Corporation, Tech, Nvidia, Meta, Morningstar, JPMorgan Equity, Global, Nasdaq Locations: North America

☆ Timeline of the Titanic sub implosion and search
▼ + stars: | 2023-06-24 | by ( Ray Sanchez | ) edition.cnn.com time to read: +10 min

These were the unsettling days since the Titanic submersible’s demise:Sunday, June 18: ‘Discover something truly extraordinary’This image shows the start of the RMS Titanic Expedition Mission 5 on June 18, 2023. Monday, June 19: A race against timeUS Coast Guard Rear Adm. John Mauger, commander of the First Coast Guard District, speaks to the media, Monday, June 19, 2023, in Boston. US and Canadian coast guard crews scoured the ocean’s surface and used sonar to listen for sounds far below the water. Wednesday, June 21: A ‘search-and-rescue mission, 100%’Canadian P-3 aircraft detected underwater noises in the search area, according to the US Coast Guard. It was unclear whether the noises heard Tuesday night and Wednesday morning were from the missing submersible, according to Frederick.

Persons: Hamish Harding, ”, Harding, “, John Mauger, Shahzada Dawood, Suleman Dawood, Paul, Henri Nargeolet, Steven Senne, Mauger, Rory Golden, Crews, Jamie Frederick, ” Mathieu Johann, Nargeolet, Frederick, ” Frederick, David Marquet, Stockton, ” OceanGate, ” Mauger, Paul Hankins, Jordan Pettitt, Aileen Maria Marty, Tom Dettweiler Organizations: CNN, Titanic Expedition, US Coast Guard, Atlantic, Stockton Rush, Getty, Daylight, Maritime Horizon Services, US, Guard, First Coast Guard District, Facebook, OceanGate Expeditions, Sonar, Twitter, Canadian Armed Forces, New York Air National Guard, Salvage Operations, Ocean Engineering, US Navy, Navy, Naval, Florida International University, “ Locations: British, Newfoundland, St, John’s, Canada, Cape Cod , Massachusetts, Eastern, Boston, Canadian, Cape Cod, Connecticut, France, St John's

☆ Submersible touring Titanic wreckage running out of oxygen, search approaching a critical juncture
▼ + stars: | 2023-06-22 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +10 min

The search area for the missing submersible stretches about two times the size of Connecticut on the surface and goes down as deep as two-and-a-half miles, according to Frederick. We need a miracle – but miracles do happen,” oceanographer and water search expert David Gallo told CNN. However, it remains unclear whether the noises are from the missing submersible, Frederick said. David Marquet, a former submarine captain, described Wednesday what he imagines the five passengers are experiencing in the Titan submersible. OceanGate Expeditions strayed from industry norms by declining a voluntary, rigorous safety review of the vessel, according to an industry leader.

Persons: ”, “, Capt, Jamie Frederick, Frederick, John Cabot, “ We’ll, ” Frederick, “ It’s, David Gallo, Frederick said, Rick Murcar, Murcar, Tom Dettweiler, ” Dettweiler, “ You’re, Hamish Harding, Shahzada Dawood, Suleman Dawood, Paul, Henri Nargeolet, David Marquet, John’s, Marquet, CNN’s Jake Tapper, ” Marquet, Joe MacInnis, who’s, Josh Gates, ” Gates, CNN’s Anderson Cooper, Gates, couldn’t, David Hiscock, OceanGate, ” Will Kohnen, wouldn’t Organizations: CNN, First Coast Guard, Canadian Coast Guard, US Navy, US Coast Guard, National Association of Cave, OceanGate Expeditions, Stockton Rush, Navy, Titan, Daylight, Horizon Services, U.S . Air Force, Marine Technology Society Locations: Connecticut, NewfoundlandSaturday

☆ Rescuers make last desperate push as final hours of oxygen on missing Titanic submersible tick down
▼ + stars: | 2023-06-22 | by ( ) www.cnbc.com time to read: +7 min

An undated photo shows tourist submersible belongs to OceanGate begins to descent at a sea. But the crew had only a four-day oxygen supply when the vessel, called the Titan, set off around 6 a.m. Sunday. The full area being searched was twice the size of Connecticut in waters as deep as 13,200 feet (4,020 meters). "This is a search and rescue mission, 100%," he said Wednesday. An undated photo shows tourist submersible belongs to OceanGate begins to descent at a sea.

Persons: OceanGate, Captain Jamie Frederick, Donald Murphy, Frederick, Carl Hartsfield, Frank Owen, Owen, Arthur Loibl, Capt, Jamie Frederick, Scott Eisen, Rush, Jeff Karson, Karson Organizations: US Coast Guard, OceanGate, Anadolu Agency, Getty, First Coast Guard District, Coast, Patrol, Navy, Oceanographic Systems Laboratory, U.S . Navy, Stockton Rush, OceanGate Expeditions, U.S, U.S . Coast Guard, CBC, Syracuse University Locations: Boston, Canada, Connecticut, Atlantic, U.S, British, St, John's, Norfolk , Virginia, Germany, Cape Cod, Boston , Massachusetts

The minivan-sized submersible Titan, operated by U.S.-based OceanGate Expeditions, began its descent at 8 a.m. (1200 GMT) on Sunday. The Titan set off with 96 hours of air, according to the company, meaning its oxygen tanks would likely be depleted some time on Thursday morning. "When you're in the middle of a search-and-rescue case, you always have hope," Coast Guard Captain Jamie Frederick said at a press conference on Wednesday. Titanic expert Tim Maltin said it would be "almost impossible to effect a sub-to-sub rescue" on the seabed. The robot could also help hook the sub to a surface ship capable of lifting it, the operator said.

Persons: Jamie Frederick, Frederick, Atalante, Victor, Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, Sean Leet, Leet, Tim Maltin, OceanGate's, Steve Gorman, Joseph Ax, Tim McLaughlin, Rami Ayyub, Tyler Clifford, Louise Dalmasso, Daniel Trotta, Brad Brooks, Ariba Shahid, Paul Thomasch, Nick Zieminski, Sandra Maler, Raju Gopalakrishnan Organizations: Co, U.S, Expeditions, Atlantic, U.S . Coast Guard, Coast Guard, Guard, U.S . Navy, Stockton Rush, Horizon Maritime Services, Thomson Locations: Canada, France, U.S, Cape Cod , Massachusetts, St, John's, Newfoundland, French

☆ Titan submersible: Search crews heard banging sounds while scouring the Atlantic for manned craft now running out of oxygen
▼ + stars: | 2023-06-21 | by ( Nouran Salahieh Ray Sanchez Priscilla Alvarez | Nouran Salahieh | Ray Sanchez | ) edition.cnn.com time to read: +17 min

The banging on Tuesday first came every 30 minutes and was heard again four hours later, according to an internal government memo update on the search. The search for the missing submersible Titan has broadened to an area about two times the size of Connecticut. It was unclear when exactly the banging was heard Tuesday or how long it lasted, based on the memo. We have to keep working until we find the submersible,” Joyce Murray, minister of Fisheries, Oceans and the Canadian Coast Guard, told reporters Wednesday. If the submersible is intact, the passengers would be dealing with dwindling oxygen levels and fighting cold, he told CNN.

Persons: Jamie Frederick, ”, Frederick, Stone, ” Joyce Murray, “, Ray Scott “ Chip ” McCord, ” Scott, David Hiscock, we’ve, John Mauger, ” Carl Hartsfield, John Cabot –, Hamish Harding, Shahzada Dawood, Sulaiman Dawood, Paul, Henri Nargeolet, ” David Gallo, John’s, Gallo, ” Gallo, Joe MacInnis, who’s, Frederick didn’t, Mauger, David Lochridge, Lochridge, OceanGate, Oceangate, ” OceanGate, Suleman Dawood, Stockton Rush, J, Van Gurley, Gabe Cohen, ” Cohen, Aaron Newman, ” John “ Danny ” Olivas, ” Olivas, CNN’s Victor Blackwell Organizations: CNN, US Coast Guard, Coast Guard, Fisheries, Canadian Coast Guard, OceanGate Expeditions, Canadian Armed Forces, New York Air National Guard, U.S . Air Force, “ CBS, Naval, Oceanographic Systems Laboratory, USCG, National Oceanic, Atmospheric Administration, NOAA, Stockton Rush, Strategic Initiatives, Daylight, Horizon Services, US Navy, Facebook, OceanGate, Titan, Manned, Vehicles, Marine Technology Society, New York Times, Times, Stockton, Polar Prince, Navy, KOMO, CBS Locations: Connecticut, Canadian, Everest, NewfoundlandSaturday, Cape Cod , Massachusetts, OceanGate, Rush, Titan

☆ Opinion | Learning About Freedom at a Black Rodeo
▼ + stars: | 2023-06-21 | by ( Tressie Mcmillan Cottom | ) www.nytimes.com time to read: +3 min

Juneteenth commemorates the day in 1865 when enslaved people in Galveston, Texas, were informed of the Civil War’s end and their newfound freedom. The Eight Seconds Juneteenth Rodeo organizers thought a lot about those questions. Jones-Dixon wants Black Portlanders to see a version of themselves in a rodeo that is fun but that also makes them proud. Frederick says there remains a notion among Black Portlanders that the flooding was a convenient excuse for displacing the city’s thriving Black enclave. Having the rodeo near Vanport is a way of saying that this is an event for you, for us.

Persons: Juneteenth, —, Biden, Vince Jones, Dixon, McClellan, Jones, Black Portlanders, Ivan, Lew Frederick, Frederick, ” Organizations: Expo, Oregon, Oregonian Locations: Juneteenth, Galveston , Texas, Portland, Gresham, American, Vanport, Black

[1/2] The Titan submersible, operated by OceanGate Expeditions to explore the wreckage of the sunken Titanic off the coast of Newfoundland, dives in an undated photograph. Robotic undersea search operations were diverted to the area where the sounds seemed to originate, but there was still no tangible sign of the missing vessel, the Coast Guard said on Twitter. ROBOTIC SEARCH REDIRECTEDThe search effort included Lockheed P-3 Orion turboprop airplanes designed with sub-surface surveillance gear to detect submarines, Frederick said. The Coast Guard did not detail the nature or extent of the sounds. Titanic expert Tim Matlin said it would be "almost impossible to effect a sub-to-sub rescue" on the seabed.

Persons: Jamie Frederick, Hamish Harding, Shahzada Dawood, Suleman, Paul, Henri Nargeolet, Frederick said, Canada's, Stone, Alistair Greig, Tim Matlin, Steve Gorman, Joseph Ax, Brendan O'Brien, Natalie Thomas, Aiden Nulty, Kanishka Singh, Ismail Shakil, Steve Scherer, Steve Holland, Daniel Trotta, Brad Brooks, Ariba Shahid, Raju Gopalakrishnan Organizations: OceanGate Expeditions, U.S . Coast Guard, Canadian, Coast Guard, Twitter, U.S, Expeditions, British, Reuters, U.S . Navy, Atlantic, Stockton Rush, Authorities, Lockheed, Orion, CNN, Stone, University College London, Thomson Locations: Newfoundland, Canada, France, U.S, Connecticut, Cape Cod , Massachusetts, St, John's, French

The OceanGate Expeditions submersible that went missing with five people aboard while trying to visit the site of the Titanic wreckage has only 41 hours or less of oxygen left, U.S. Coast Guard officials said Tuesday. Rescuers are searching an area of ocean that is "larger than the state of Connecticut" for the Titan submersible, Coast Guard Captain Jamie Frederick said at a news briefing Tuesday. The submersible went missing Sunday, less than two hours into its dive about 900 nautical miles off the coast of Cape Cod, Massachusetts. Stockton Rush, the CEO of OceanGate Expeditions, is on board the vessel. OceanGate began offering trips on the submersible, whose passengers pay $250,000 apiece, in 2021.

Persons: Jamie Frederick, Frederick, Hamish Harding, Shahzada Dawood, Suleman, OceanGate Organizations: Expeditions, U.S . Coast Guard, Titan, Coast Guard, Stockton Rush, OceanGate Expeditions, Action Aviation Locations: U.S, Connecticut, Cape Cod , Massachusetts

☆ Analysis: US debt ceiling deal could stall safety flight fueling megacap rally
▼ + stars: | 2023-05-19 | by ( David Randall | ) www.reuters.com time to read: +5 min

Their rally has been responsible for all of the 8.3% year-to-date gain in the S&P 500 (.SPX) through Wednesday's close, a Deutsche Bank report showed. A recent survey of global fund managers from BofA Global Research showed that 71% believe a deal to raise the debt ceiling will be reached before the X-date. Excitement over artificial intelligence, which has boosted some megacap names this year, is another factor that could support the category. At the same time, the debt ceiling has been only one of of several worries weighing on the market. Paul Christopher, head of global market strategy at Wells Fargo Investment Institute, expects lawmakers will reach an agreement to extend the debt ceiling through September.

☆ Bus passengers left stranded for days at station in California in freak winter storm
▼ + stars: | 2023-03-04 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +3 min

Dozens of passengers were left stranded in a Sacramento bus station after highways closed this week. Although Sacramento was not under a state of emergency this week, winter weather and closed freeways still left travelers stranded at the Greyhound station. According to Bowers, stranded travelers were better off sheltering in place. He told KCRA the city worked with the Red Cross to provide necessities like blankets to the passengers at the station. One traveler at the station told KCRA that being stranded was miserable, but the city was accommodating under the circumstances.

☆ A food fight is raging over what we can and can't call 'meat'
▼ + stars: | 2022-12-17 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +13 min

Morten Toft Bech, the founder of a startup that makes plant-based meat alternatives, brought the animals in protest. Meat lobbies argue that plant-based products have stolen the concept of meat without matching its taste and nutrition standards, tarnishing the integrity and cultural importance of meat. It tends to argue that plant-based meat alternatives shouldn't be allowed to use meaty terms at all because, put simply, they aren't meat. Meat bodies want startups to come up with new terms for plant-based food that imitates meat. Both meat organizations and plant-based companies told Insider they encouraged a healthy, balanced diet.

☆ 'Vulture bees' feed their babies rotting flesh, even though it breeds toxin-producing bacteria. They're a mystery to scientists.
▼ + stars: | 2022-11-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

"Vulture bees" feed their larvae rotting meat instead of relying on pollen like other bees. Scientists hung raw chicken in Costa Rica and watched vulture bees fill their leg pouches and stomachs with it. Sure enough, the researchers discovered that vulture bees' guts may be more like actual vultures or hyenas than their pollen-gathering relatives. The vulture bees had lots of acid-producing bacteria like lactobacillus, probably creating a far more acidic gut than their pollen-eating cousins. They want to study what happens in the pods where the vulture bees store meat before feeding it to their larvae.

☆ Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits
▼ + stars: | 2022-09-20 | by ( Dietrich Knauth | ) www.reuters.com time to read: +4 min

The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 29, 2019. But J&J countered bankruptcy court allows all current and future talc lawsuits to be settled together, which it says is the fastest and fairest way. The cancer victims are asking the appeals court to overrule a New Jersey bankruptcy judge who allowed LTL's bankruptcy to continue. LTL's bankruptcy filing automatically stopped lawsuits from proceeding against it, and U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled in February that LTL's bankruptcy should also stop talc lawsuits from proceeding against parent company J&J. In refusing to dismiss the case, Kaplan said the bankruptcy court is better equipped to handle mass tort litigation than other courts.

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☆ Instacart rolls out high-tech shopping carts aimed at helping grocery stores compete with Amazon Go. Here are the strategies the company is investing in ahead of a reported IPO.
▼ + stars: | 2022-09-19 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +11 min

One analyst described the goal as being a "one-stop shop" for grocery technology. Instacart is getting ready to go public, making new sources of revenue more important than ever for the grocery delivery startup. On Monday, the company rolled out an upgraded version of its smart shopping carts, Caper Cart. InstacartSubscriptionsNow called Instacart+, Instacart's subscription service costs about $10 per month or $99 per year. The startup makes checkout technology for both online and in-store use, including a smart shopping cart with scanning technology.

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