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☆ Finland will soon bury nuclear waste in a geological tomb that’s built to last for 100,000 years
▼ + stars: | 2024-08-29 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

Jonathan Nackstrand | Afp | Getty ImagesFinland is on the cusp of burying spent nuclear fuel in the world's first geological tomb, where it will be stored for 100,000 years. The pioneering project has been hailed as both a watershed moment for the long-term sustainability of nuclear energy and "a model for the entire world." Nuclear energy currently provides about 9% of the world's electricity, according to the World Nuclear Association. Finland is poised to bury spent nuclear fuel in the world's first geological tomb. KBS-3 is based on a multi-barrier principle, where several engineered barriers seek to ensure the long-term safety of the spent nuclear fuel.

Persons: Jonathan Nackstrand, Posiva, Gareth Law, University of Helsinki Tuohimaa, Tuohimaa, Kai Mykkänen Organizations: Afp, Getty, CNBC, videoconference, University of Helsinki, World Nuclear Association, Nordic, KBS, Swedish Nuclear, Waste Management Company, U.S Locations: ONKALO, Eurajoki, Finland, Finnish, Olkiluoto, Helsinki, Europe, Asia, Sweden

☆ A San Francisco Gen Xer quit his job to escape 60-hour workweeks and spend his time being an 'older dad': 'I'll be 70 when my son graduates from high school'
▼ + stars: | 2024-06-05 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +6 min

Gerstbacher, a 50-year-old based in San Francisco, was "really unhappy" at work, he told Business Insider via email. First, he's an "older dad," and he wanted to maximize the time he could spend with his three-year-old son. "I felt that I should take the quality time now since I'll be 70 when my son graduates from high school," he said. However, the decline in working men is also due to some positive developments, like the growth of women in the workforce. AdvertisementEven though he's in the process of returning to the workforce, Gerstbacher said he's continued to prioritize spending time with his son.

Persons: —, Francisco Gen Xer, Randy Gerstbacher, Gerstbacher, He's, they've, hasn't, he'd, he's Organizations: Service, Business, CDC, Bureau of Labor Statistics Locations: San Francisco

☆ Here are Wednesday's biggest analyst calls: Nvidia, Meta, Tesla, Chipotle, Ferrari & more
▼ + stars: | 2024-05-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla but says it's only a matter of time before others automakers begin to take advantage of AI also. Morgan Stanley reiterates Meta as overweight Morgan Stanley said that, as users adopt the company's Reels product it becomes a "monetization opportunity." Morgan Stanley reiterates Dell as a top pick Morgan Stanley said Dell remains a favorite name at the firm. Morgan Stanley reiterates McDonald's as overweight Morgan Stanley said it's standing by the fast-food chain. Morgan Stanley reiterates Ferrari as overweight Morgan Stanley said it's standing by its overweight rating on the automaker.

Persons: Morgan Stanley, Tesla, Piper Sandler, Piper, Meta, Dell, JMP, Oppenheimer, it's, Goldman Sachs, Goldman, Kraft Heinz, McDonald's, Rosenblatt, John Malone, Sportico, Morgan Stanley downgrades, Generac, Jefferies, Needham, Stryker, Ferrari, MSFT Organizations: GM, Ford, Nvidia, Blackwell, ODM, Lenovo, Dell, China Tech Hardware, Costco, " Bank of America, Bank of America, Kraft, Brunswick, UBS, Brunswick Corporation, Atlanta Braves Holdings, Deutsche Bank, Waste Management, Deutsche, Price, Jefferies, Prudential, Lincoln National, Microsoft, Garmin, of America Locations: Coinbase, Shopify

☆ World’s biggest waste-to-energy facility will power more than 100,000 homes
▼ + stars: | 2024-05-17 | by ( Ana De Oliva | ) edition.cnn.com time to read: +4 min

Much of it ends up at a plant operated by the Warsan Waste Management Company. “Around 45% percent of Dubai’s total waste comes to this facility,” says Tim Clarke, the company’s CEO. Operational since March of this year, the Warsan plant will use 2 million metric tons of trash annually to produce electricity, enough to power approximately 135,000 homes, according to the company. However, since the plant produces power, replacing the burning of fossil fuels, Warsan Waste Management believes the overall result is positive. But some environmental groups, such as Zero Waste Europe, argue that burning waste to generate electricity discourages efforts to cut waste and initiatives to increase recycling.

Persons: ”, Tim Clarke, Clarke, “, Bryan Staley, Staley Organizations: Dubai CNN, CNN, Warsan Waste Management Company, “, United Nations Environment, Waste Management, Energy, Research, Education Foundation Locations: Dubai, Europe, Japan, China, UAE

☆ I tried gourmet food prepared from chicken feathers. Here’s how it’s made – and what it tasted like
▼ + stars: | 2024-04-12 | by ( Leah Collins | ) edition.cnn.com time to read: +7 min

But when I discovered a London-based project turning discarded chicken feathers into edible proteins, I admit I was skeptical. The company behind the project, Kera Protein Ltd., has a unique approach to its lab-produced protein product. Since then, he and his business partner, Tom Washington, have delved into the issue of waste management - focusing particularly on chicken feathers. To make the food we tried, Kera extracted feathers from discarded chicken carcasses in partnership with a local farm. “We hope to revolutionize the way people view chicken feathers, demonstrating their potential as a valuable resource rather than just a dirty by-product.”

Persons: London CNN — I’m, it’s, Tom Washington, It’s, Kittibanthorn, Nathan “ Phayu ” Brown, “, ”, Leah Collins, Chef Brown, Brown, Kera Organizations: CNN, London CNN, Kera Protein Ltd, Central Saint Martins, Kera Protein, Protein, Soil Association, Novel Locations: London, Kera, Thailand, Laos, Thai, Washington

☆ The Homeowners Who Beat the National Association of Realtors
▼ + stars: | 2024-03-27 | by ( Debra Kamin | ) www.nytimes.com time to read: +1 min

When Rhonda Burnett went to sell a home in 2016, she knew she would have to pay a commission to her real estate agent. Ms. Burnett was instructed to select one, and she picked 6 percent. “I shop sales,” Ms. Burnett, 70, said with a laugh. She spent three decades as a stay-at-home mother while her husband, Scott Burnett, 72, worked for a waste management company and spent 20 years working as a local legislator. But when I asked her if I could negotiate, she said, ‘No, you really can’t.’”

Persons: Rhonda Burnett, Scott Burnett, Burnett, “, Ms, “ I’m, ‘, ’ Locations: Kansas, Hyde, Kansas City

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Alphabet, Microsoft, AMD, Meta, Spotify & more
▼ + stars: | 2024-01-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Microsoft as overweight Morgan Stanley raised its price target on the stock to $465 per share from $450 following earnings. Morgan Stanley reiterates Alphabet as overweight Morgan Stanley raised its price target on the stock to $165 per share from $150 and said it's standing by Alphabet shares after earnings on Tuesday. " Bank of America reiterates Meta as buy Bank of America said it's bullish heading into Meta earnings on Thursday. Bank of America reiterates Advanced Micro Devices as buy Bank of America said it's standing by its buy rating following earnings on Tuesday. Morgan Stanley downgrades Sofi to underweight from equal weight Morgan Stanley said in its downgrade of SoFI that it sees too many "near-term revenue headwinds."

Persons: Morgan Stanley, it's, Johnson, William Blair, Roth, Stryker, SYK, Morgan Stanley downgrades Sofi, Baird, Tesla, Elon Musk's, Elon, Wells Organizations: Bank of America, Meta, " Bank of America, Devices, AMD, Citi downgrades Deutsche Bank, Citi, Deutsche, Deutsche Bank, Palo Alto Networks, UPS, Argus, Canaccord, UBS, Informa Tech, UW, Barclays, Verizon, JPMorgan, Apple, GFL, Spotify Locations: GenAI, Georgia

☆ Goldman Sachs: These 'conviction list' global stocks will benefit from a circular economy boom
▼ + stars: | 2023-11-14 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

Rising commodity prices, increased regulation and a growing recognition of sustainability benefits are set to be "key catalysts" of the circular economy, Goldman Sachs said, naming its "conviction list" stocks to play the theme. The circular economy is a system that aims to keep materials and resources in use for as long as possible, with a focus on reuse, rather than dispose. Conviction list stocks The bank named a number of "key stocks exposed to the theme," including Dassault Systemes and SMC Corporation . Both are on the bank's "conviction list" of top buy-rated stocks. Other global stocks on Goldman's list of picks set to benefit from the circular economy include Japanese electronics giant Hitachi , Dutch conglomerate Philips and U.S. waste management company Republic Services , with all three also on the bank's conviction list.

Persons: Goldman Sachs, Goldman, — CNBC's Michael Bloom Organizations: McKinsey, Accenture, United Nations Environment Program, Dassault Systemes, SMC Corporation, Dassault Systems, Hitachi, Philips, Republic Services

☆ Climate tech startups Treefera, ReSeed, Vaulted Deep, and Skyqraft raised a combined $18.6 million this month. Check out the pitch decks they used to raise the funds.
▼ + stars: | 2023-09-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +6 min

Early-stage climate tech startups Treefera, ReSeed, Vaulted Deep, and Skyqraft have raised a collective $18.6 million in fresh funds this month. It can monitor tree health, carbon sequestration, and the likelihood of a forest fire or drought, which may put the project at risk, in "near-time." Check out the 21-slide redacted pitch deck they used to raise the funds below:ReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedReSeedCarbon sequestration company Vaulted Deep raised $8 millionVaulted Deep, a Texas-based carbon removal and sequestration company, raised an $8 million seed round from Chris Sacca's Lowercarbon Capital. Vaulted Deep already has two injection sites, where waste is injected deep into the Earth. Check out the 11-slide pitch deck below:Vaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepVaulted DeepSkyqraft raised $3.8 million to monitor energy infrastructureSkyqraft, a Stockholm-based startup hoping to improve the resilience of energy infrastructure, also secured $3.8 million earlier this month.

Persons: Morgan, Jonathan Horn, Caroline Grey, Greg Lavender, ReSeed, Baratunde Thurston, Chris Sacca's, Advantek, Louise Gauffin, Gauffin Organizations: Global, Concept Ventures, Twin Path Ventures, Ventures, Thorn Partners, Earthshot Ventures, E.ON, Subvenio, Neptunia Invest Locations: London, New York, The Pennsylvania, Texas, Stockholm

☆ Here are Wednesday's biggest analyst calls: Apple, AT&T, Tesla, Amazon, Meta, Microsoft, Spotify and more
▼ + stars: | 2023-07-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan adds Qualcomm and HP Inc. to the focus list JPMorgan added HP Inc. to the focus list and said it's a top value idea. The firm also added Qualcomm to the focus list and says it's a top growth idea. JPMorgan adds Charles Schwab to the focus list JPMorgan added the stock to its focus list after its earnings report and said it sees "improving fundamentals." Bank of America reiterates Amazon as buy Bank of America said it's bullish heading into Amazon earnings later this month. Bank of America reiterates Block as buy Bank of America said shares of the company formerly known as Square are undervalued.

Persons: Tesla, it's, Charles Schwab, Schwab, Jefferies, Berkshire Hathaway, Archer, Guggenheim, ServiceNow Organizations: JPMorgan, Qualcomm, HP Inc, Watch, Cisco, " Bank of America, of America, Bank of America, Meta, UBS, Berkshire, Citi, Republic Services, Hollywood, Argus, Street, Aviation, UW, DuPont, Texas, Microsoft, Apple Locations: 2023E, 2025E, Berkshire, ACHR, EE

☆ Investors may be crowding too much into defensive stocks amid market jitters
▼ + stars: | 2023-05-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The S & P 500 posted its second straight weekly decline, falling 0.3% this week. Given this backdrop, investors have turned to several consumer staples — traditionally seen as defensive stocks — to shore up their portfolios. Mondelez , PepsiCo and Molson Coors — all staples — are the most overbought S & P 500 names through Friday's session. Shares of Mondelez have rallied more than 16% year to date, easily outperforming the S & P 500's 7.4% advance. Estee Lauder is the most oversold S & P 500 stock.

☆ This 28-year-old pays $62/month to live in a 25-square-foot dumpster he built for $5,000—take a look inside
▼ + stars: | 2023-04-29 | by ( Harrison Marshall | ) www.cnbc.com time to read: +4 min

Photo: Gergana Popova for CNBC Make ItHow I turned a waste container into a tiny homeI run a small architecture company called CAUKIN Studio. Photo: Gergana Popova for CNBC Make ItFor Wi-Fi, I use a dongle connected to mobile data to watch Netflix and take Zoom calls on my laptop. Photo: Gergana Popova for CNBC Make ItI have four built-in wooden boxes to put my clothes in. Photo: Gergana Popova for CNBC Make ItOn the other end is the kitchen. Photo: Gergana Popova for CNBC Make It

☆ I live in a $62/month dumpster that I built for $5,000 – take a look inside
▼ + stars: | 2023-04-29 | by ( Mickey Todiwala | Elham Ataeiazar | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI live in a $62/month dumpster that I built for $5,000 – take a look insideHarrison Marshall, 28, lives in a renovated dumpster in London, United Kingdom. He paid $5,000 to build the home, and pays $62 a month to rent the dumpster base from a waste management company (although he hasn't been charged for it yet). The build began in December 2022 and took three weeks to complete. Harrison's goal is to save up enough money to one day purchase a home. 07:22 an hour ago

☆ Dow said it was recycling our shoes. We found them in Indonesia
▼ + stars: | 2023-02-25 | by ( ) www.reuters.com time to read: +19 min

While the sample was small, the fact that none of these shoes made it to a Singapore recycling facility underscores weaknesses in the system. Dow said these builds will use the 10,000 kilograms (22,000 pounds) of recycled shoe material that have been produced through the Singapore recycling project so far. Reuters had dropped those shoes into a Dow recycling bin at a Singapore community center in September, three months earlier. Recycling flopsThis is not the first novel recycling scheme launched by Dow that hasn’t lived up to its billing. In its Jan. 18 statement, Dow said the shoe recycling partners are “energized by the common vision of sport championing a greener and more sustainable Singapore.” Dow did not comment on the Journal of Consumer Psychology study.

☆ 2023 is set to be tough — but this 'exceptional' stock is rock solid, fund manager says
▼ + stars: | 2023-01-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Masters highlighted a core stock in his portfolio that he described as having "quite exceptional performance": luxury powerhouse LVMH . "LVMH — very, very powerful business, very strong house of brands, the performance has been quite exceptional. LVMH owns companies ranging from luxury brands Louis Vuitton and Givenchy, to cosmetics names such as Fenty Beauty by Rihanna. "What we have seen post Covid is a real bifurcation between consumers, and this has flowed through to stronger performance among luxury brands. "Today, the performance of their business and the execution has been rock solid.

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