DIRS.INFO The most relevant business & tech news

☆ Tyson processing plants accounted for nearly 60% of ammonia-related injuries reported to the EPA between 2012 and 2021, investigation finds
▼ + stars: | 2023-05-04 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

Tyson plants reported ammonia leaks and injuries at higher rates than other companies between 2012 and 2021, CNN reported. Nearly 150 workers were injured in at least 47 different ammonia leaks reported to the EPA. The company told Insider it often reports incidents that don't meet the legal standard for a leak to be reported to the EPA. Nearly 150 workers were injured in at least 47 different ammonia leaks reported to the EPA over that time span, according to an investigation from CNN. Tyson reported about 57% of ammonia-related injuries in the meat industry between 2012 and 2021, while only accounting for about 25% of the ammonia across the industry, according to CNN.

☆ Astronomers spot a sneak peek of Earth's death — a star swallowing a planet whole — for the first time
▼ + stars: | 2023-05-03 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Astronomers discovered a distant star swallowing a planet for the first time ever. Swallowing the planet whole produced a burst of energy that expelled the star's outer layers, causing it to expand and brighten rapidly. Except for a veneer of dust, the star pretty much looked the same as it had before, one year after devouring its planet. The distant planet that just got absorbed by its star was about the size of Jupiter, which is more than 1,300 Earths. (It later turned out, this pre-eruption dust was material from the planet skimming the atmosphere of the star as it orbited closer and closer.)

☆ As lithium prices bounce, analysts love these stocks — giving one 155% upside
▼ + stars: | 2023-05-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

After a tough few months, lithium — a battery metal crucial in electric vehicles — is back in the spotlight as prices start to rebound. By the end of last week, however, lithium prices had started to bounce back. "Lithium prices in China gained for the first time this year on signs demand growth may be finally gathering pace … [and] amid thinning inventories across the supply chain," the ANZ Research analysts added. Canadian miner Sigma Lithium stood out for getting the highest potential upside from analysts at 155%, and a buy rating from 75% of analysts. Stocks that received a 100% buy rating included American EV battery maker Microvast Holdings and Australian miner Piedmont Lithium .

☆ BASF Uses Integrated Reporting to Focus Stakeholders on Sustainable Innovation
▼ + stars: | 2023-05-03 | by ( Julia Hood | ) www.businessinsider.com time to read: +7 min

Integrated reporting is growing more popular as stakeholders look to understand how companies are building sustainable growth. BASF produces an integrated report and is involved in the International Integrated Reporting Council. According to the IFRS Foundation, more than 2,500 companies worldwide have adopted integrated reporting. A major shift occurred with the launch of the International Integrated Reporting Council in 2010, and the framework it rolled out in 2013. An integrated report brings with it a higher threshold of measurement and accountability than a standalone sustainability report.

☆ These stocks will help investors break out of the sideways market doldrums, BMO says
▼ + stars: | 2023-05-02 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

The stock market could be volatile and stay rangebound for the foreseeable future — but that doesn't mean investors should sit it out, according to BMO. The Canadian bank's year-end target of 4,300 for the S & P 500 implies just a 3.2% upside from where the broad index finished Monday. "Nonetheless, investors should remain opportunistic by employing active decision-making, in our view, as our analysis suggest that plenty of investment opportunities still exist even during range-bound market periods." He screened for stocks that have forword price-to-earnings multiples below the S & P 500 and forword earnings per share growth that's greater than the S & P 500's. The Delaware company also missed revenue expectations, reporting $3.02 billion against the $3.10 billion anticipated.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ ‘Double Tax’ Hinders Taiwan’s Investment in American Factories
▼ + stars: | 2023-04-27 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

TSMC’s semiconductor facility under construction in Phoenix. The lack of a U.S. tax treaty with Taiwan means companies in the U.S. are taxed by both governments. Photo: Caitlin O’Hara/Bloomberg NewsWASHINGTON— Bowei Lee ’s chemical company wants to open a new American factory to make materials for semiconductors, exactly the type of investment U.S. officials are courting as they seek to shore up chip supply chains and boost domestic manufacturing. But the Taiwan-based firm, LCY Group , faces a problem: Earnings from the new factory would be taxed twice.

☆ NASA detects first seismic waves within Mars' core
▼ + stars: | 2023-04-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

During these events, InSight detected for the first time seismic waves traveling through the Martian core. “More than a hundred years later, we’re applying our knowledge of seismic waves to Mars. With InSight, we’re finally discovering what’s at the center of Mars and what makes Mars so similar yet distinct from Earth.”The NASA InSight Mars lander studied the interior of Mars for four years. Planetary core offers clues on evolutionEarth has a liquid outer core and a solid inner core, but the Martian core appears to be made entirely from liquid. “We’ve made the very first observations of seismic waves travelling through the core of Mars.

☆ Where Goldman Sachs CEO David Solomon takes the corporate jet
▼ + stars: | 2023-04-24 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

"The Board fully supports the use of the Goldman Sachs planes for travel, just as it supported the use of private aircraft by previous Goldman Sachs executives," said Tony Fratto, a company spokesman. "Executives at Goldman Sachs have been flying on private aircrafts for decades as it is proven to be the most secure, effective, and cost-efficient solution to meet the extensive travel obligations for CEOs of firms like Goldman Sachs — which is why all of our peer institutions also extensively use private aircraft." John Waldron, president of Goldman Sachs Reuters/Brendan McDermidOccasionally, Solomon and Waldron switch planes, particularly when Waldron flies overseas. Goldman Sachs has a sponsorship deal with pro golfer Patrick Cantlay. "These estimates wildly overstate the cost of such flights to Goldman Sachs and are not an accurate representation," he said.

☆ How parents can help kids overcome 5 friendship hurdles
▼ + stars: | 2023-04-24 | by ( Phyllis L. Fagell | ) edition.cnn.com time to read: +8 min

You can’t choose your children’s friends, but here’s how you can help them manage five frustrating friendship pitfalls. If they squeeze too tightly, the friend will want to get away.”Encourage your children to befriend their friend’s friend. “The idea is to help them understand that (true) friendships are bidirectional.”Share the concept of a “hot and cold” friend, too. 4: Your child can’t let go of a grudgeHow parents can help: Two fifth grade girls came to my counseling office for help resolving a conflict. 5: Your child frequently fights with friendsHow parents can help: If your children are triggered, ask them what the incident means and why it’s happening.

☆ Fried food is linked to increased risk of anxiety and depression
▼ + stars: | 2023-04-24 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

A research team in Hangzhou, China, found that frequent consumption of fried foods, especially fried potatoes, was linked with a 12% higher risk of anxiety and 7% higher risk of depression than in people who didn’t eat fried foods. These results “open an avenue in the significance of reducing fried food consumption for mental health,” according to the paper published Monday in the journal PNAS. Frequent consumption of fried foods was linked to higher risk of anxiety and depression. Dr. Walter Willett said the results “should be regarded as very preliminary, especially the connection with fried food and acrylamide.”“The health effects of fried food will depend greatly on what food is fried and what type of fat is used for frying,” said Willett, professor of epidemiology and nutrition at Harvard T.H. It's also possible that some people with mental health issues reach for fried food.

☆ Recycling plastic can be a little confusing. Here's what the numbers inside the recycling symbol mean
▼ + stars: | 2023-04-22 | by ( Lindsey Jacobson | In | ) www.cnbc.com time to read: +2 min

Plastics labeled with a number 1 are about 20.9% likely to be reprocessed, according to the Greenpeace report. It is still important to know the difference between the types of plastics, since municipalities handle each type of plastic differently. This type of plastic film is often collected separately from plastics labeled 1 and 2. Polystyrene, or PS, is labeled number 6 and can be used to make takeaway containers, coffee cups, insulation and disposable coolers. Finally, plastics labeled number 7 are a mixture of various types of plastics.

Shares of state-owned enterprises (SOEs) have risen sharply since November, when top securities regulator Yi Huiman called for a new model to price them. Mainland-listed state telecom operators China Mobile and China Telecom have jumped more than 50% each this year and China Petroleum & Chemical Corp (600028.SS) has soared 44%, compared with a 5% gain in the benchmark index (.CSI300). More than 10 mutual fund companies have applied to launch nearly a score of SOE-dedicated funds since March, state media reported. E Fund Management Co this week launched a mutual fund, aiming to raise up to 8 billion yuan ($1.16 billion) to be ploughed into shares of strategically important SOEs. State companies' shares have so far outperformed the broader market, delivering what investors term a rare "SOE alpha".

☆ Recreational marijuana use: CNN medical analyst urges caution
▼ + stars: | 2023-04-20 | by ( Katia Hetter | ) edition.cnn.com time to read: +8 min

Using marijuana can cause impaired thinking and interfere with someone’s ability to learn, according to the National Institute on Drug Abuse. The trend toward legalizing marijuana must be accompanied by public education of the health risks, CNN Medical Analyst Dr. Leana Wen said. To be clear, there are many reasons to support policy changes of decriminalizing marijuana, including to rectify the decades-long injustices of disproportionately incarcerating minority individuals for marijuana possession. As many as 3 in 10 people who use marijuana have marijuana use disorder, according to the CDC. If an adult is using marijuana once in a while, and not while driving, it’s probably not going to have lasting consequences.

☆ Compact galaxy's discovery shows Webb telescope's 'amazing' power
▼ + stars: | 2023-04-14 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

The discovery is another example of how observations by Webb, which was launched in 2021 and began collecting data last year, are transforming our knowledge of the nature of the early universe. The orbiting infrared observatory was designed to be far more sensitive than its Hubble Space Telescope predecessor. This galaxy, Kelly said, is "absolutely tiny" in relative terms. "Nonetheless, we found that it was forming about two stars each year, which is similar to the rate at which the Milky Way is forming stars," Kelly added. "The combined power of the James Webb Space Telescope and the galaxy's magnification due to gravitational lensing allows us to study this galaxy in detail," Williams said.

April 14 (Reuters) - The United States has charged leaders of the Mexico-based Sinaloa Cartel with running a fentanyl trafficking operation fueled by Chinese chemical and pharmaceutical companies, U.S. Attorney General Merrick Garland said on Friday. Federal prosecutors unsealed three separate indictments charging more than two dozen defendants based in Mexico, China and Guatemala, eight of whom are in custody. Among those awaiting extradition is Ovidio Guzman Lopez, one of El Chapo's sons, who was arrested in Mexico earlier this year. Prosecutors also charged four owners of Chinese companies that allegedly provided precursor chemicals to the cartel. "The PRC government must stop the unchecked flow of fentanyl precursor chemicals that are coming out of China," he said, referring to the People's Republic of China.

☆ U.S. imposes sanctions on Chinese companies in action over fentanyl
▼ + stars: | 2023-04-14 | by ( ) www.reuters.com time to read: +2 min

The Treasury said it also designated five people based in China and Guatemala in the action targeting fentanyl production. "Illicit fentanyl is responsible for the deaths of tens of thousands of Americans each year," the Treasury's under secretary for terrorism and financial intelligence, Brian Nelson, said in the statement. The Treasury in the statement said it slapped sanctions on China-based chemical companies Wuhan Shuokang Biological Technology Co Ltd and Suzhou Xiaoli Pharmatech Co Ltd, as well as four Chinese nationals. Also targeted was a Guatemala-based broker of fentanyl precursor chemicals, who the Treasury said buys fentanyl precursor on behalf of Mexico-based drug traffickers. Mexico and the United States on Thursday agreed to ramp up the fight against fentanyl trafficking.

[1/5] Javier Ramiro, Co-Chief Scientific Officer of Spanish indoor hops farming start-up Ekonoke controls the plantation of hops in Alcobendas, Spain, March 23, 2023. "We're on a mission to save the world's beer," Ines Sagrario, chief executive and co-founder of Ekonoke, told Reuters. Strict hygiene measures such as protective clothing for staff ensure the space remains pest-free, taking the pesticides on which traditional farming often depends out of the equation. The most obvious challenge indoor farming faces, he said, is its high energy cost. "Demand from breweries is quite inelastic; you can't make beer without hops and they don't want to produce less," Sagrario said.

☆ Stocks making the biggest moves midday: MongoDB, American Airlines and more
▼ + stars: | 2023-04-12 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Here's a look at some of the stocks making the biggest moves on Wednesday. MongoDB — Shares jumped 9.4% after Morgan Stanley upgraded MongoDB to overweight from equal weight, citing the software company's leadership in cloud optimization initiatives. American Airlines , Delta Air Lines , United Airlines — Shares of the major airline companies were under pressure on Wednesday after American Airlines updated its first-quarter guidance. Shares of American fell more than 9%, while United dropped about 2% and Delta shed nearly 6%.

☆ As U.S. Tries to Isolate China, German Companies Move Closer
▼ + stars: | 2023-04-12 | by ( Melissa Eddy | ) www.nytimes.com time to read: +1 min

As Washington seeks to throttle economic ties with Beijing, two powerful engines of the German economy, Volkswagen and the chemical company BASF, are broadening their huge Chinese investments. Volkswagen, which has more than 40 plants in China, announced a new effort to tailor models to Chinese customers’ wishes, with features like in-dash karaoke machines, and will invest billions in local partnerships and production sites. It’s part of a theme unveiled by the German automaker last year: “In China for China.”BASF, with 30 production facilities in China, is pushing ahead with plans to spend 10 billion euros ($10.9 billion) on a new chemical production complex that would rival in size its massive headquarters complex in Ludwigshafen, which covers about four square miles. Throughout Germany, executives are aware such investments run contrary to efforts by the United States to isolate China economically. They counter that revenue from China is essential for their businesses to thrive and grow in Europe.

REUTERS/Nacho DoceMADRID, April 5 (Reuters) - A 68-year-old Spanish TV actress said that her newly adopted daughter was conceived using her dead son's frozen sperm and is in fact her granddaughter, reigniting a debate over the bioethics of surrogacy and children's right to privacy in Spain. The weeks-old baby, named Ana Sandra, was born to a surrogate mother identified on Wednesday by the Lecturas magazine as a Cuban woman living in Miami, Florida. "This girl isn't my daughter, but my granddaughter," TV actress Ana Obregon told celebrity magazine ¡Hola! Obregon's only biological child, her son Aless Lequio, died of cancer in 2020 at the age of 27. Obregon rose to prominence in the 1980s and starred in Spanish sitcoms in the late 1990s and early 2000s.

WASHINGTON, April 3 (Reuters) - Environmental groups on Monday petitioned the U.S. Environmental Protection Agency to require companies to disclose the chemicals discharged from waste incinerators and plants that claim to recycle plastic waste into fuel. The groups said the agency did not respond to a letter they sent last October, raising concerns about the health impacts of incineration. The petition also asks the agency to include discharges from advanced recycling plants, which are classified as incinerators, in the TRI. Advanced recycling is an umbrella term for processes that use heat or chemicals to turn plastic waste into fuel or reclaimed resin to make new plastic. These plants, backed by major oil and petrochemical companies, claim to turn plastic waste to a "clean" fuel.

☆ South Korea March factory activity contracts at sharpest pace in six months
▼ + stars: | 2023-04-03 | by ( ) www.cnbc.com time to read: +1 min

Steam rises from stacks at the Lotte Chemical Corp. plant in the Yeosu Industrial Complex in Yeosu, South Korea. South Korea's factory activity contracted at the fastest pace in six months in March, a survey showed on Monday, as output and new orders fell at quicker rates and suggested weaker global demand will drag on the domestic economic recovery. The S&P Global's seasonally adjusted purchasing managers' index (PMI) for South Korean manufacturers declined to 47.6 in March from 48.5 in February. It was the lowest reading since September 2022 and the ninth consecutive month below 50, line separating expansion and contraction. Sub-indexes showed output shrank by the most in five months, while new orders fell by the most in three.

[1/6] Spanish Labour Minister and Second Deputy Prime Minister Yolanda Diaz applauses as she presents new political platform 'Sumar' in Madrid, Spain, April 2, 2023. REUTERS/Isabel InfantesMADRID, April 2 (Reuters) - Spanish Labour Minister Yolanda Diaz launched her bid to become the country's first woman prime minister on Sunday at a packed event in Madrid, where the absence of two government ministers signalled a deepening rift among the progressive left. Today, I want to become our country's first female prime minister," Diaz told the crowd to a standing ovation. Although she has yet to release a detailed platform, Diaz outlined the broad outline of her manifesto, including a new "bill of rights" and a democratic, economic and social "contract" for the next decade. She also touted her ministry's accomplishments, such as raising the minimum wage and a pro-union labour law reform.

☆ Japan to restrict chipmaking equipment exports as it aligns with US China curbs
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +4 min

Japan, home to major global chip equipment makers such as Nikon Corp (7731.T) and Tokyo Electron Ltd (8035.T), did not specify China as the target of those measures, saying equipment makers will need to seek export permission for all regions. Japan and the Netherlands in January agreed join the U.S. in restrict chipmaking equipment exports to China that could be used to manufacture sub-14 nanometre chips, but did not announce the pact to avoid provoking Beijing, sources earlier said. The Netherlands' government in a letter to parliament this month said it plans to restrict chipmaking equipment exports. The ministry said it will impose export controls on six categories of equipment used in chip manufacturing, including cleaning, deposition, lithography and etching. Tokyo Electron and Screen were little changed.

Search resuls for: "Chemical Co"

25 mentions found