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☆ This water treatment startup is already a unicorn, and has $225 million in VC funding
▼ + stars: | 2024-08-27 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

While it might seem like humans and animals consume most of the world's water, heavy industry uses up to half of it. That's why business sectors are looking for new ways to recycle water, especially in the face of increased drought. The global water and wastewater treatment market is expected to reach half a trillion dollars by the end of this decade, according to Statista. "Other technologies can recover maybe 50 to 60% of water, but we can recover 99% of water," Govindan said. It claims to save 1.7 billion gallons of water daily, or the amount consumed by 48 million people.

Persons: Prakash Govindan, Anurag Bajpayee, Govindan, Gradiant, Mark Danchak, Warburg Pincus, Lisa Rizzolo Organizations: Massachusetts Institute of Technology, MIT, BMW, Pfizer, Adnoc, General Innovation Capital Partners, G Investments, Clearvision Ventures, CNBC Locations: Statista, Veolia, Boston

☆ Ex-Secret Service special agents explain why counter-sniper who saved Trump's life may have lost crucial seconds
▼ + stars: | 2024-07-14 | by ( Laura Italiano | Kenneth Niemeyer | ) www.businessinsider.com time to read: +9 min

"This counter-sniper made an amazingly quick decision and clearly saved Trump's life," said Bill Pickle, the former special agent in charge of Al Gore's vice-presidential Secret Service detail. AdvertisementCangelosi said the Secret Service team at the event should have a "site plan" that would include a layout of the area and the surrounding buildings. The Secret Service has advance teams that scope out sites and make staffing recommendations ahead of major events, one expert said. The CS team returned fire, long-gun-toting counter-assault agents in black jumpsuits and helmets rushed the stage, and business-suited agents on the rally platform hurried Trump off stage. "The worst nightmare for the Secret Service has always been a lone gunman who hasn't been announcing his views publicly and is ready to die."

Persons: —, Donald Trump, Bill Pickle, Al Gore's, Pickle, Anthony Cangelosi, Cangelosi, couldn't, Jabin, Thomas Matthew Crooks, Crooks, it's, Trump, hasn't Organizations: Service, Business, Saturday, CS, Secret Service, Washington, Getty, Trump, FBI, Inter, Congress Locations: Butler , Pennsylvania, Bethel Park , Pennsylvania, Washington

☆ Extreme heat is affecting workers this summer. New federal rules would require bosses to provide rest, water, and shade.
▼ + stars: | 2024-07-02 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +8 min

"Notably, acclimatization is the leading killer among the different factors related to heat illness," a senior administration official said. AdvertisementA senior administration official said OSHA's proposal, if finalized, would apply to all states including Texas and Florida. AdvertisementA senior administration official said OSHA's proposal is similar to standards that have been successful in those states. A senior administration official said OSHA will review state plans to ensure they are at least as effective as the federal rules. A senior administration official said OSHA also convened a national advisory committee of construction representatives comprised of management and labor interests.

Persons: —, Biden, Donald Trump, Julie Su, it's, it's it's, acclimatization, Greg Abbott, Critics, Abbott, Su, she's, who've, She's Organizations: Service, Workers, Business, Occupational Safety, Health Administration, Republican, National Weather Service, Bureau of Labor Statistics, OSHA, Dade, Texas Gov, Houston, Guardian, American Farm Bureau Federation, Construction Industry Safety Coalition Locations: Texas, Florida, Miami, Austin, Minnesota , California, Washington , Oregon, Colorado, California, Washington and Oregon, California , Arizona

☆ China making 'concerted effort' to dominate critical US ports equipment, Biden official says
▼ + stars: | 2024-02-29 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

SUZHOU, CHINA - FEBRUARY 27: A gantry crane hoists vehicles for export at Taicang Port's International Container Terminal on February 27, 2024 in Suzhou, Jiangsu Province of China. Gene Seroka, executive director of the Port of Los Angeles, told CNBC that Biden's executive order is a wake-up call for the port and supply chain industry. "The bottom line is that today's high-tech cranes can collect data and that is why this executive order is so important," said Seroka. "It's no secret that China has both the capability and the intent to challenge the rules based trade system. The Biden administration has positioned the executive order as part of a "whole government approach" in securing the nation's ports.

Persons: Biden, Christa Brzozowski, ZPMC, Gene Seroka, Brzozowski, Carlos Gimenez, John Vann, Vann, Wayne R, Arguin Jr, Arguin Organizations: Taicang, Getty, Department of Homeland Security, Homeland Security, Coast Guard, Transportation, Maritime Security, Shanghai Zhenhua Heavy Industries Co, Capitol, CNBC, Cyber Security Operations Center, Guard, White, Resilience, of Commerce, Defense, Coast Guard Cyber Command, US Coast Guard, U.S Locations: SUZHOU, CHINA, Suzhou, Jiangsu Province, China, Capitol, United States, U.S, Republic of China, Shanghai, Beijing, Capitol Hill, of Los Angeles, Los Angeles

☆ Warren Buffet's son Howard has given $500M to Ukraine — he warns the US is making a historic mistake by pulling its support
▼ + stars: | 2024-02-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

But Howard Buffett, the elder son of Warren, the billionaire investor and Berkshire Hathaway CEO, has no intention of foresaking Ukraine or its President Volodymyr Zelenskyy. And it's going to be one of the biggest mistakes that the United States makes historically if we don't continue to support Ukraine. The UK has contributed $620 million and the Netherlands has provided $780 million, per the Kiel Institute's Ukraine Support tracker. But Howard Buffett has lent his voice to political advocacy, speaking out to support Ukraine and advocating for increased international support and military aid to the war-torn country. Howard Buffett in Ukraine.

Persons: —, Russia's, Howard Buffett, Warren, Volodymyr Zelenskyy, Buffett, Buffett's Howard G, He's, he's, Warren Buffett's, Warren Buffett, Ukraine's, Zelenskyy, it's, Howard Buffet, Paula Bronstein, Buffett's, Putin, Howard G, Oleksandr Prokudin, Buffett Foundation Howard Buffett, Theron Mohamed Organizations: Service, Republican Party, Business, Berkshire Hathaway, Buffett Foundation, AP, NATO, Kherson, Zelenskyy Locations: Ukraine, Russia, Avdiivka, United States, Zelenskyy, Kyiv, Netherlands, Kiel, America, Zolota Nyva, Donetsk district, Europe, Kherson, Macon County , Illinois

☆ What went wrong with WeWork – and what's going to happen to your WeWork office
▼ + stars: | 2023-11-07 | by ( Pete Syme | ) www.businessinsider.com time to read: +7 min

WeWork filed for Chapter 11 bankruptcy protection on Monday. AdvertisementAdvertisementWeWork, the company synonymous with coworking that was once valued at $47 billion, filed for Chapter 11 bankruptcy on Monday night. The main thing to note about WeWork's bankruptcy filing is it's Chapter 11, rather than Chapter 7 which would involve liquidation. AdvertisementAdvertisement"They need to raise capital, and they need to rightsize their real estate portfolio — negotiating more favorable lease terms, rejecting lease terms," said Sarah Foss, global head of legal at Debtwire. It will depend on how profitable each lease is, and what renegotiating terms WeWork is offered by landlords.

Persons: WeWork, —, Adam Neumann, Tim Hynes, David Tolley, Sarah Foss, Foss, Hynes, X0GgcZMUHO, Chris Person, it's, There's, there's Organizations: Service, Colliers Locations: Manhattan

☆ Taking a secret 'hush trip' could help with burnout — but might land your company a surprise tax bill
▼ + stars: | 2023-02-02 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

More remote workers are traveling without their employer's permission, also known as "hush trips." "Anybody loves the opportunity to be productive in paradise rather than in their home office," Pokora told Insider. "I think as long as remote work stays an option and working from home in general we're going to see more of this." Hush trips are the most recent addition to the growing lexicon at the intersection of work and travel, joining longtime favorites "bleisure," "workation" and "digital nomad." On the employer's side, hush trips can cause tax and legal headaches if they go on for too long, Courtney Leyes, a partner at the law firm Fisher Phillips, told Insider.

☆ GOP Rep. Dan Crenshaw says election deniers privately admit the conspiracy to challenge Biden's legitimacy 'was always a lie'
▼ + stars: | 2022-11-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Rep. Dan Crenshaw in an episode of his podcast recalled arguments in the GOP over election denial claims. Behind closed doors, he said, GOP officials acknowledge fraudulent election claims are "a lie." In private conversations between members of the Republican party and political personalities, Crenshaw said, he has had arguments over members perpetuating the lies. Trust me, they'll be fine,'" Crenshaw said election deniers have said to him to justify their public support of an unfounded claim to the presidency. "So we have a lot of people in the political world that are just willing to say things they know aren't true," Crenshaw said in his podcast.

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