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☆ Here's the immigration firm that is helping "extraordinary" AI engineers qualify for an H-1B alternative visa
▼ + stars: | 2024-07-11 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

The US issues just 140,000 employment-based visas and 85,000 H-1B visas a year. The O-1 visa has eight criteria; applicants must meet three out of eight to qualify. "A lot of it is a storytelling exercise about yourself to meet the criteria of the O-1," Wehden said. AdvertisementGabriel Petersson, a Midjourney engineer and high school dropout, initially considered an H-1B visa before realizing it required a college degree. While 85% of the company's petitions have been for O-1 visas thus far, it also supports green card applications.

Persons: —, Joe Biden, Donald Trump, Lisa Wehden, Wehden, Lisa, Justin Bieber, Plymouth's, Gabriel Petersson, Petersson, Minn Kim Organizations: Service, Plymouth, Business, Immigrants, Microsoft, Nvidia, Google, Immigration, Employers, O1, Institute for Progress, Schmidt, Emergent Ventures, Talent Mobility Fund Locations: Plymouth, America

☆ Oatly Names Jean-Christophe Flatin as New CEO and Narrows Quarterly Loss
▼ + stars: | 2023-05-09 | by ( Jesse Newman | ) www.wsj.com time to read: 1 min

Oat milk took the dairy aisle by storm after Swedish brand Oatly overhauled its marketing. But the company has struggled to keep up with production as demand grows, leaving room for rivals to take market share. Illustration: Reshad MalekzaiOatly Group is shaking up leadership of the oat-milk company, naming a successor to Chief Executive Toni Petersson as it continues to post quarterly losses. Oatly said Jean-Christophe Flatin , the company’s global president, will become CEO effective June 1.

The discord between Russia and the other Arctic Council members means that an effective response to these changes is far less likely. Recently, it has taken steps to expand cooperation in the Arctic with non-Arctic states. On April 24, Russia and China signed a memorandum establishing cooperation between the countries' coast guards in the Arctic. "We need to safeguard the Arctic Council as the most important international forum for Arctic cooperation and make sure it survives," Norwegian Deputy Foreign Minister Eivind Vad Petersson told Reuters. "I don't see an Arctic Council without Russia in the future," said Larsen, a Greenland lawmaker at the Danish Parliament and the Chair of Arctic Parliamentarians, a body including MPs from across the Arctic countries.

☆ A mysterious website exposed Oatly conspiracies and scandals. It turns out, the company was behind it.
▼ + stars: | 2023-05-01 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Plant-based milk brand Oatly created "F*ck Oatly," a website outlining its own scandals. It detailed the company's PR mess-ups and scandals, including its legal battle with a smaller plant-based brand and its sale of oat residue to pig farms. The homepage of F*ck Oatly OatlyVisitors to the website can click through to webpages outlining several of Oatly's missteps over the years. Another page, called "The Residue Ruckus," explains a 2018 incident when Oatly sold oat byproducts from its production line to a pig farm. If you don't like F*ck Oatly, there's F*ck F*ck Oatly, another website where visitors can click a button confirming their disapproval of website.

The Arctic Council was created in 1996 to discuss issues affecting the polar region, ranging from pollution to local economic development to search-and-rescue missions. The Arctic Council comprises the eight Arctic states of Russia, the United States, Canada, Finland, Norway, Iceland, Sweden and Denmark. Russia's possible degree of involvement with the Council once Norway takes over is still unclear. Russian Foreign Minister Sergei Lavrov had earlier extended an invitation to Arctic officials to attend a transition ceremony in Salekhard, Siberia. Russian Arctic Ambassador Nikolay Korchunov, chair of the Senior Arctic Officials on the council, told Reuters the transition would "presuppose active and responsible participation of all Arctic Council member states in this preparatory process."

☆ Norway’s fossil fuel bonanza stokes impassioned debate about how best to spend its ‘war profits’
▼ + stars: | 2023-01-26 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

It has ignited an impassioned debate about international justice, with many questioning whether it is fair for Norway to rake in record oil and gas revenues at the expense of others' misfortune. Norway's Finance Ministry expects the state's revenues from oil and gas sales to climb to 1.38 trillion Norwegian krone ($131 billion) this year. "They are war profits," Lars-Henrik Paarup Michelsen, director of the Norwegian Climate Foundation think tank, told CNBC via telephone. Oil companies are getting richer and richer, but we don't see that money — and who is really paying for this? The so-called Government Pension Fund Global, among the world's largest sovereign wealth funds, was established in the 1990s to invest the surplus revenues of Norway's oil and gas sector.

A sour mixture of manufacturing hiccups, Chinese Covid lockdowns and other issues have watered down Oatly’s once-heady growth rates. On that basis, the company could exhaust its $116 million cash pile early next year. Petersson has announced layoffs and other cost-cutting measures, which he hopes will save $50 million in annual terms. And even if he finds a manufacturing partner soon, it’s unlikely to stop the company burning cash. That leaves Petersson two options: sell the company, or raise cash.

☆ Oatly plans job cuts as investors sour
▼ + stars: | 2022-11-15 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN Business —Oat milk brand Oatly is planning to cut jobs as coronavirus restrictions in Asia dampen its sales forecast for this year. An Oatly spokesperson told CNN Business on Tuesday that they could not confirm the planned number of job losses until it had finished its discussions with unions. CEO Toni Petersson said in a statement that the results were “largely driven” by coronavirus restrictions in Asia, production issues in the Americas and foreign exchange pressures. Coronavirus restrictions in Asia led to an “underutilization” of Oatly’s production facilities in the region, the company said in its earnings report. “[Oatly is] facing downward pressure from uncertain macroeconomic factors, like any other company operating on the global stage,” a company spokesperson told CNN Business.

☆ Is Beyond Meat beyond saving?
▼ + stars: | 2022-09-28 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

Companies like Beyond Meat, rival Impossible and plant-based milk producer Oatly are still doing big deals with supermarket chains and restaurants to get their products on store shelves and menus. But in the company’s most recent earnings call, Beyond Meat CEO Ethan Brown conceded that the company (and the industry) faces challenges. Inflation is a problem for plant-based food biz too“We went from a pandemic into record inflation,” Brown said. “After years of growth, plant-based meat sales in the United States are stagnating,” said consulting firm Deloitte in a recent report. So there is nothing fake about Wall Street’s concerns regarding the big drop in demand for “fake” meat and milk.

☆ Fotbal/Coronavirus: Viaţa lui Ibrahimovic în Suedia, aproape normală pe timp de pandemie
▼ + stars: | 2020-05-08 | by ( ) independent.md time to read: +1 min

Distribuiti mai departe...11 ShareAtacantul Zlatan Ibrahimovic a profitat de revenirea în Suedia pentru a alerga pe stadioane, alimentând astfel zvonurile privind viitorul său, în timp ce majoritatea coechipierilor de la AC Milan au agăţat ghetele în cui din cauza pandemiei de coronavirus, informează AFP. În toată Europa, măsurile de izolare au limitat sau împiedicat pregătirea sportivilor. Zlatan Ibrahimovic, revenit din Italia în luna martie, şi-a făcut o obişnuinţă din a se antrena pe un teren sintetic din sudul Stockholm-ului, alături de jucătorii echipei Hammarby, club din prima divizie la care este şi acţionar. O viaţă aproape normală pentru atacantul-vedetă de 38 de ani, revenit în ţara natală alături de familie după întreruperea, pe 9 martie, a campionatului italian. Contractul starului suedez, recrutat în decembrie de AC Milan după un sejur de doi ani în SUA, expiră la finele sezonului, iar conform zvonurilor el ar urma să revină în Suedia, “opţiunea Hammarby nefiind complet exclusă”, conform lui Martin Petersson.

Persons: Zlatan Ibrahimovic, Martin Petersson Organizations: AC Milan, Hammarby, A, TV4 Locations: Suedia, Europa, Italia, Stockholm, ţara, suedez, SUA

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