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☆ Five things that are hard to get even if you're pretty rich
▼ + stars: | 2024-04-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

AdvertisementHere are five things that are hard to do even if you're considered rich. The tournament is a favorite of the rich, and wealthy golf fanatics flock to Georgia during the first full week of April to attend. AdvertisementSecuring an apartment in this New York City co-op buildingThe River House sits along the East River of New York City. The 26-floor Art Deco River House is considered one of the most exclusive places to live in New York City. Its original location in New York City is one of the toughest reservations to secure.

Persons: —, Kevin C, Cox, Warren Buffett, Bill Gates, Stanley Druckenmiller, Atlantide Phototravel, Richard Nixon, Joan Crawford, Diane Keaton, Uma Thurman, Henry Kissinger, Birkin, Carl Juste, Rebecca Zisser, It's, Rao's, Frank Pellegrino Jr, They're, Pellegrino, Cartier Cheich, Arnold Jerocki, Cartier, Gaston Rahier Organizations: Service, Business, Augusta National Golf, Augusta National Golf Club, National Golf, Bloomberg, Miami Herald, Tribune, Getty, Google, Town, New York Times, Forbes, Cartier Locations: Georgia, New York City, Atlantide, East, there's, New York, Paris, Dakar

☆ 5 things that are hard to get even if you're pretty rich
▼ + stars: | 2024-04-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

AdvertisementWealth grants access to a lot, but even the wealthy can't just buy anything. AdvertisementHere are five things that are hard to do even if you're considered rich. The tournament is a favorite of the rich, and wealthy golf fanatics flock to Georgia during the first full week of April to attend. AdvertisementSecuring an apartment in this New York City co-op buildingThe River House sits along the East River of New York City. Its original location in New York City is one of the toughest reservations to secure.

Persons: —, Kevin C, Cox, Warren Buffett, Bill Gates, Stanley Druckenmiller, Atlantide Phototravel, Richard Nixon, Joan Crawford, Diane Keaton, Uma Thurman, Henry Kissinger, Birkin, Carl Juste, Rebecca Zisser, they're, It's, coowner Frank Pellegrino Jr, Delish, Pellegrino, Cartier Cheich, Arnold Jerocki, Cartier, Forbes, Gaston Rahier Organizations: Augusta National, Service, Augusta National Golf, Augusta National Golf Club, National Golf, Bloomberg, Deal, Miami Herald, Tribune, Getty, Business, Google, Town, New York Times, Cartier Locations: Georgia, New York City, Atlantide, East, there's, New York, Paris, Dakar

☆ Terraform Labs and founder Do Kwon found liable in US civil fraud trial
▼ + stars: | 2024-04-05 | by ( ) edition.cnn.com time to read: +4 min

Kwon designed TerraUSD and Luna, a more traditional token that fluctuated in value but was closely linked to TerraUSD. The SEC is seeking civil financial penalties and orders barring Kwon and Terraform from the securities industry. Kwon falsely attributed the recovery to the reliability of TerraUSD’s algorithms, according to the regulator. Earlier in the case, Terraform argued that securities laws did not apply to the cryptocurrencies it developed. After a final judgment in the case, Terraform will be able to challenge that ruling on appeal.

Persons: Kwon, Terraform’s blockchain, Luna, Jed Rakoff, Terraform, Gurbir Grewal, ” Grewal, ”, Laura Meehan, ” Meehan, Terraform’s, Louis Pellegrino, ” Pellegrino, Rakoff Organizations: Labs, US Securities and Exchange Commission, SEC, SEC Division Locations: Manhattan, Singapore, Montenegro, United States, South Korea

☆ Terraform Labs and founder Do Kwon found liable in U.S. civil fraud trial
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: +2 min

A police officer escorts Terraform Labs co-founder Do Kwon after he served a sentence for document forgery in Podgorica, Montenegro, March 23, 2024. A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the U.S. Securities and Exchange Commission that they misled investors before their stablecoin's 2022 collapse shocked cryptocurrency markets. The regulator is seeking civil financial penalties and orders barring Kwon and Terraform from the securities industry. Kwon, who was arrested in Montenegro in March 2023, did not attend the trial, which began March 25. Kwon designed TerraUSD and Luna, a more traditional token that fluctuated in value but was closely linked to TerraUSD.

Persons: Kwon, Terraform's blockchain, Laura Meehan, Meehan, Louis Pellegrino, Luna Organizations: Terraform Labs, Labs, U.S . Securities, Exchange Commission, SEC Locations: Podgorica, Montenegro, Manhattan, Singapore, South Korea

☆ Italian designers Krill are using fruit peel to make furniture
▼ + stars: | 2023-12-04 | by ( Arya Jyothi | ) edition.cnn.com time to read: +6 min

Using fruit peel, orange seeds and coffee ground waste collected from businesses in Italy, Krill products can be redistributed to the same businesses for use in their offices, instead of furniture made from common plastics. “After three or four years, you have to change your furniture [anyway],” says Marco Di Maio, director of operations at Krill. “But if all that furniture was made using our materials, we would be able to recover them, crush them and print other furniture with the same material. First, the food waste is dried and crushed into a very fine powder. It’s also looking to develop injection molding — injecting the molten compound of food waste and PHB into a mold instead of 3D-printing — which could cut costs and save time.

Persons: “, ”, Marco Di Maio, Di Maio, won’t, Rekrill, we’ve, ” Di Maio, San, Iles, Ellen MacArthur, bioplastics, ” Iles, It’s Organizations: CNN, Circle Economy Foundation, bioplastics, Ellen MacArthur Foundation Locations: Milan, Italy, San Pellegrino, Sicily, “

☆ 2 Gen Alphas tried to teach a millennial how to text without sounding old. Here are their rules.
▼ + stars: | 2023-11-30 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +5 min

In an interview with a millennial, two Gen Alphas explained the rules of texting among young people. However, if typing still feels like too much, the Gen Alphas suggested that she could use the voice-to-text feature to write text messages instead. Millennials, Gen Zers, and increasingly, Gen Alphas, often poke fun at one another online. Gen Zers regularly make fun of millennials for wearing skinny jeans, using outdated phrases, and posting boomerangs on Instagram. For their part, Gen Zers are already predicting how Gen Alphas — who have become known for their bizarre sense of humor and memes — will mock them.

Persons: Alphas, —, Gen Alphas, Nicole Pellegrino, Alpha, Pellegrino, Zers, Gen Zers, Gen, Alphas — Organizations: Service, Alpha, Gen Alpha

LAHAINA, Hawaii (AP) — For people around the world, the green leaves that sprouted from a scorched, 150-year-old banyan tree in the heart of devastated Lahaina symbolized hope following Maui’s deadly wildfire this summer. Before colonialism, commercial agriculture and tourism, thousands of breadfruit trees dotted Lahaina; the fire charred all but two of the dozen or so that remained. By contrast, researchers believe breadfruit and kukui nut — now the state tree of Hawaii — were among the many edible plants Polynesian voyagers brought around 1,000 years ago. Efforts to revive the banyan and other important surviving trees have included trucking in water, applying compost extract and testing soil. But replanting breadfruit in urban areas comes with challenges, said Steve Nimz, an arborist on Oahu who has been helping restore Lahaina’s trees.

Persons: landscapers, ”, Noa Kekuewa Lincoln, King Kamehameha, ulu, ” Kekona, Lahaina’s, replanting, Steve Nimz, “, Hokuao Pellegrino, ” Pellegrino, replant, Pellegrino, he's, reintegrating breadfruit, ___ Komenda Organizations: University of Hawaii, Development Locations: LAHAINA, Hawaii, Lahaina, ulu, Maui, Manoa, U.S, India, Lele, Hilo, Lincoln, Oahu, Waikapu, West Maui, “, Tacoma , Washington

☆ Growing fury from Maui residents over the direction of early wildfire recovery efforts
▼ + stars: | 2023-09-13 | by ( Alicia Victoria Lozano | ) www.cnbc.com time to read: +7 min

US President Joe Biden is embraced by Hawaii Governor Josh Green (C) after delivering remarks as he visits an area devastated by wildfires in Lahaina, Hawaii on August 21, 2023. Rebuilding hasn't even started after a deadly wildfire destroyed the historic town of Lahaina, Hawaii, last month, but residents are already angry and frustrated with recent moves by Gov. Now, they say, that pattern could be repeated with the aid of an emergency proclamation signed by Green that could erode their hard-won rights, despite his reassurances that rebuilding would reflect the needs of Maui residents. "It is a real slap in the face when we still have to deal with the aftermath of this fire." Green reinstated the water rules last week, but residents are wary that future proclamations could jeopardize their efforts to restore Maui's streams and wetlands.

Persons: Joe Biden, Josh Green, hasn't, Green, Kekai Keahi, Makana McClellan, we've, McClellan, We're, Hōkūao Pellegrino, Nani Medeiros, I've, Medeiros, Marti Townsend, Townsend, Glenn Tremble, Manuel, Ed Wendt, David Henkin, Pellegrino Organizations: Hawaii, Gov, Maui Land Co, West Maui Land Co, American Civil Liberties Union, Sierra Club, Earthjustice Locations: Lahaina , Hawaii, Maui, Lahaina, Hawaii, Honolulu

☆ Hawaii wildfires: Fights over water amid west Maui's charred ruins ignite new fears
▼ + stars: | 2023-08-21 | by ( Bill Weir | ) edition.cnn.com time to read: +4 min

Wailuku, Hawaii CNN —On a Hawaiian tourist brochure, fire and water are selling points for a volcanic paradise where lava flows and waterfalls mist. “There has been a great deal of water conflict on Maui for many years,” Hawaii Gov. “It’s disaster capitalism at its finest.”A rushing canal is seen on Hokuao Pelligrino's family farm in Wailuku on Maui on August 20, 2023. After watching Pellegrino and his Wailuku community litigate their streams back to life, locals around Lahaina followed suit. You restore the water and families are going back to their ancestral land.”Hokuao Pellegrino poses for a portrait on August 20, 2023.

Persons: Josh Green, Green, ” Hokuao Pellegrino, “, ”, Evelio Contreras, Eha, Pellegrino, ’ ”, they’ll, Glenn Tremble, couldn’t, ” Pellegrino, Taro, Joe Biden’s Organizations: Hawaii CNN, ”, Maui Land Company, New York Times, CNN, West Maui Land Company Locations: Wailuku, Hawaii, Lahaina, Maui, ” Hawaii, Venice, Hawaiian Kingdom, West Maui, Maui County

☆ People online are losing it over Campbell changing the recipe for Rao's pasta sauces after a buyout. The backlash even forced Campbell CEO to say they won't 'touch the sauce.'
▼ + stars: | 2023-08-11 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Campbell Soup is acquiring the parent company of Rao's pasta sauce for $2.7 billion. Fans of the product are going on social media to mourn the end of Rao's saucy goodness. The social media backlash has driven the company's CEO to say they won't "touch the sauce." But within hours of the announcement on Tuesday, social media was rife with fans concerned about the fate of their beloved sauce. "I appreciate all the encouragement on social media, but we are not going to change it," he said, referring to the pasta sauce.

Persons: Campbell, it's, Mark Clouse, Campbell Soup, Clouse, Frank Pellegrino Sr, Campbell's, Sovos Organizations: Service, Twitter, Yahoo Finance, New, Sovos Locations: Wall, Silicon, New Yorks, American

☆ How Rao's pasta sauces went from the kitchen of New York's most exclusive Italian restaurant to be sold to Campbell's in a $2.7 billion deal
▼ + stars: | 2023-08-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Specialty foods company Sovos bought the brand in 2017 and grew sales to more than $600 million. Bobby Bank/WireImageSales grew slowly until 2017 when specialty foods company Sovos Brands bought the Rao's Homemade packaged foods division and turned up the proverbial heat. Hermida added that sauce makes up more than 80% of Sovos' business, and that one in eight US households buy Rao's Homemade sauce. Sovos reported Rao's brand sales of $580 million in 2022, largely through Costco and Walmart, and sales have already climbed more than 33% in 2023. On Monday, Sovos announced a $2.7 billion deal with Campbell Soup in which the packaged foods giant would acquire the group, including Rao's Homemade.

Persons: Sovos, Campbell Soup, Frank Pellegrino Sr, Frank Pellegrino, Dino Gatto, Yuri Hermida, Forbes, Hermida, Campbell Organizations: Service, Bobby Bank, WireImage, Sovos Brands, Costco, Walmart Locations: Wall, Silicon, East Harlem, New York, Las Vegas, Los Angeles, Rao's

☆ I renovated a 100-year-old home into a 70s-themed Airbnb that brings in thousands a month. Here's how we did it.
▼ + stars: | 2023-07-14 | by ( Jen Glantz | ) www.businessinsider.com time to read: +7 min

The couple used Facebook Marketplace to buy most of the furniture and they only spent $1,900. We did most of the work ourselves and only did what was necessaryWe decided to renovate the AirBnB space mostly on our own and with friends to save labor costs. We found a new toilet and pedestal sink on Facebook Marketplace and just had to pay the plumber for installation. In order to keep the costs low, we sourced most of the items from Facebook Marketplace. You can do it without spending too much money, just get creative, and source decor from second-hand shops or Facebook Marketplace.

Persons: Qaid Jivan, Alyssa McDonald, Mcdonald, Jivan, we've, McDonald, Romy, Alyssa love, Alyssa Organizations: Service, Facebook, Vancouver Sun Locations: Vancouver, Wall, Silicon, Canada, San Pellegrino

There are also some voluntary credits for mechanically removing CO2 directly from the air, which are currently much more expensive. In June, the CFTC—the federal regulator of derivatives—created an environmental task force focused on rooting out fraud in carbon markets. SHARE YOUR THOUGHTS How can we build trust in carbon offsets? A parallel effort by the Voluntary Carbon Market Integrity Initiative, or VCMI, is setting rules for the buyers of offsets. The Commodity Futures Trading Commission has created an environmental task force focused on rooting out fraud in carbon markets and has called on whistleblowers to expose misconduct.

Persons: don’t, Nestlé, ”, Danny Cullenward, John Kerry, Morgan Stanley, Perrier, San, Ian McGinley, hasn’t, Guy Turner, ” Turner, andrew kelly, Mark Kenber, ” Kenber, William McDonnell, ” McDonnell, Dieter Holger Organizations: Futures Trading Commission, Sustainable Business, Institute, Carbon, American University . “, European Union, American University “, Paris Agreement, Council, Voluntary, Initiative, Trove, Futures, Reuters, dieter.holger Locations: U.S, San Pellegrino, Paris

☆ Săptămâna Bucătăriei Italiene în Lume, începe luni la Chișinău
▼ + stars: | 2020-11-21 | by ( ) www.ipn.md time to read: +2 min

Săptămâna Bucătăriei Italiene în Lume, începe luni la ChișinăuCea de-a V-a ediție a Săptămânii Bucătăriei Italiene în Lume, organizată de Ambasada Italiei la Chișinău, se va desfășura în perioada 23 – 29 noiembrie în Republica Moldova. Tema ediției din acest an este „Cunoștințele și aromele Italiei la 200 ani de la nașterea lui Pellegrino Artusi”. Săptămâna Bucătăriei Italiene va reprezenta, și de această dată, o ocazie pentru a marca 10 ani de când UNESCO a inclus dieta mediteraneeană în lista Patrimoniului Cultural Imaterial al Umanității, drept model de alimentație sănătoasă și echilibrată. În același timp, multe restaurante din capitală vor oferi un meniu special, inclusiv cu posibilitatea de a lua la pachet. Vor fi mai multe evenimente online dedicate dietei mediteraneene și excelențelor vinicole și gastronomice italiene: de la pizza la paste, de la cafea la vin.

Persons: Pellegrino Artusi Organizations: UNESCO Locations: Lume, Chișinău, Italiei, Republica Moldova, italiană, Moldova

☆ Săptămâna Bucătăriei Italiene - ediția a V-a
▼ + stars: | 2020-11-20 | by ( ) www.ipn.md time to read: +2 min

Săptămâna Bucătăriei Italiene - ediția a V-aÎn perioada 23 – 29 noiembrie curent și în Republica Moldova va fi marcată cea de-a V-a ediție a Săptămânii Bucătăriei Italiene în Lume, organizată de Ambasada Italiei la Chișinău în colaborare cu numeroși parteneri. Tema principală a ediției din acest an este ”Cunoștințele și aromele Italiei la 200 ani de la nașterea lui Pellegrino Artusi”. Săptămâna Bucătăriei Italiene va reprezenta, și de această dată, o ocazie pentru a marca 10 ani de când UNESCO a inclus Dieta Mediteraneeană în lista Patrimoniului Cultural Imaterial al Umanității drept model de alimentație sănătoasă și echilibrată. Având în vedere situația de urgență în sănătate, formatul din acest an va fi preponderent online, dar nu vor lipsi nici ocaziile de a gusta din produsele tradiționale italiene. Vor fi multe evenimente online dedicate dietei mediteraneene și excelențelor vinicole și gastronomice italiene: de la pizza la paste, de la cafea la vin.

Persons: Pellegrino Artusi Organizations: UNESCO Locations: Republica Moldova, Lume, Italiei, Chișinău, italiană, Moldova

☆ Twitter terminates its political action committee and donates leftover money to 2 charities that promote diversity and inclusion
▼ + stars: | 2020-10-22 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +5 min

Twitter has closed its political action committee and donated its surplus cash — more than $117,000 — to a pair of charities. Of the charities benefiting from Twitter's money, one focuses on engaging Latinos in the political process, and the other works to "eliminate racial discrimination, champion social justice, and improve race relations" in sports. "This funding will be used to further our mission of promoting full, nonpartisan participation of Latinos in the American political process, from citizenship to public service," Vargas said. To better support and defend our users, Twitter has created #PAC." Despite axing its PAC, Twitter still maintains a robust lobbying presence in Washington, DC.

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