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☆ VCs are clamoring to back 'screaming hot' startups using AI for medical records
▼ + stars: | 2024-02-21 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +7 min

Another AI medical records startup, DeepScribe, raised a $30 million Series A round in January 2022. AbridgeThe investor descent on medical-scribe startups reflects a blatant potential of automation tech to alleviate healthcare’s most critical issues. “This market is screaming hot,” said Bryan Roberts, a partner at Venrock and an investor in medical-scribe startup Suki. AdvertisementStill, as health systems increasingly adopt AI solutions to manage labor costs, these startups have room to grow into their valuations. Medical-scribe startups vying for the remaining slice of the pie are “in a pitch to the death,” Roberts said.

Persons: —, ’, Kleiner Perkins, Andreessen Horowitz, Suki, Punit Soni, Shiv Rao, ”, Bryan Roberts, ” Roberts, Annie Case, Case, Hermann, Keith Srakocic, Roberts, there’s, “ Organizations: Service, Business, Healthcare, Fund, Optum Ventures, Medical, Cathay Innovation, Microsoft, University of Pittsburgh Medical Center, University of Kansas Health, AP

☆ Recycling and Regulation Are Hot Issues in Likely Update to U.S. Sustainable Marketing Guides
▼ + stars: | 2023-06-08 | by ( Dieter Holger | ) www.wsj.com time to read: +8 min

The FTC last updated its guides in 2012 after a review that it launched in late 2007. “For the average consumer, it’s impossible to verify these claims,” FTC Chair Lina Khan said in December when the review was launched. “It therefore is critical for the FTC’s framework on environmental claims to stay flexible and nimble,” Nestlé said in its public comment. Published comments from Procter & Gamble, L’Oréal and Unilever support keeping the current 60% threshold and say recyclable claims shouldn’t be based on how much of their products get recycled. Its CEO also said he hopes the Green Guides will be updated more regularly given the rapidly changing landscape of environmental marketing.

Persons: “, Lina Khan, Nestlé, PIERRE ALBOUY, REUTERS Nestlé, Perrier, Johnson, Fisk Johnson, ” Johnson, ”, Sarah Dearman, Ting Shen, L’Oréal, Unilever didn’t, Keith Srakocic, S.C, Dieter Holger Organizations: U.S . Federal Trade, FTC, Green Guides, Justice Department, REUTERS, ” SC Johnson, Sustainable Business, Green, Recycling, Bloomberg, The Recycling, U.S . Environmental Protection Agency, Greenpeace, Procter & Gamble, L’Oréal, Unilever, ” Unilever, Guides, dieter.holger Locations: North America, Virginia, U.S

☆ Saturday's $825M Powerball jackpot is the game's second-largest after weeks without a big winner
▼ + stars: | 2022-10-30 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +1 min

With no immediate winners reported at Thursday's drawing, Saturday's Powerball jackpot grew to roughly $825 million, its second-largest ever. It would be the 37th time a Powerball drawing turned up no jackpot winner. "A Powerball jackpot this size has a lot of people dreaming big," Drew Svitko, group product chair of Powerball, said in the statement Saturday. The estimated $825 jackpot was the largest Powerball prize of 2022 so far, organizers said. On Aug. 3, a ticket in Pennsylvania matched all five white balls and the red Powerball to win the last Powerball jackpot to pay.

☆ California signed off a landmark new law that could pave the way for a $22 minimum wage for fast-food workers. Here's how the state's fast food council will work.
▼ + stars: | 2022-09-06 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

California has passed legislation to create a Fast Food Council that could pave the way for a $22 minimum wage. The council would create minimum standards for areas like health and safety, wages, and conditions. "Fast food workers are the largest and fastest growing group of low-wage workers in the state and lack sector-specific protections," it continues. Californian counties and cities with more than 200,000 residents would also be able to establish a Local Fast Food Council. The council's purposes would be to "establish sectorwide minimum standards on wages, working hours, and other working conditions," including training and health and safety standards.

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