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☆ Tesla shows off restyled Model 3 sedan at Beijing trade fair
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +2 min

[1/3] Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo Acquire Licensing RightsBEIJING, Sept 2 (Reuters) - Tesla (TSLA.O) showed off its restyled, China-made Model 3 sedan for the first time to the public at a trade fair in Beijing, after launching it a day before in several countries. The U.S. automaker displayed a flame red version of the car - marking the first change to its mass-market car line-up since it launched its global best-seller, the Model Y, in 2020 - at the China International Fair for Trade in Services (CIFTIS). At the fair, Tesla sales staff answered questions from interested buyers. Tesla has also said it will show the new model at the Munich auto show, which opens on Tuesday.

Persons: Florence Lo, Guo, Tesla, Hu, Xiaoyu Yin, Jing Xu, Brenda Goh, Ros Russell Organizations: Fair for Trade, Services, REUTERS, Rights, U.S, Thomson Locations: Beijing, China, Rights BEIJING, United States, Shanghai, Asia, Europe, Munich

☆ Why are all the cool Kit Kats only available internationally?
▼ + stars: | 2023-09-02 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

They create buzz and urgency, which help decades-old brands like Kit Kat stay relevant. A few years later, Rowntree’s renamed the product Kit Kat Chocolate Crisp. Nigel Roddis/ReutersAfter manufacturing and distributing Kit Kat for decades, the British company entered into a deal with Hershey, giving it control over US Kit Kat distribution in 1970. Nostalgic candies, like traditional Kit Kat bars, exert a powerful hold over those who loved them in their childhood, she noted. When people reach for a Kit Kat, they’re reaching for a reliable jolt of sweetness and good feelings, she said.

Persons: Kit, Kit Kat, Kat, Kats, Behrouz Mehri, Nestlé, Lynn Dornblaser, Dornblaser, “, Kit Kat wasn’t, Chocolate Crisp, Rowntree’s, Kat Chocolate Crisp, Rowntree's Kit Kat, Nigel Roddis, Hershey, Kit Kats, Rowntree Mackintosh, Milo Kit Kat, Chris O’Donnell, ”, O’Donnell, it’s, Milo, Kit Kat Japan, Kat Churro, Justin Kukura, Marcia Mogelonsky, they’re Organizations: New, New York CNN, Target, Walmart, Hershey, Getty, Mintel Consulting, Reuters, Nestlé, Lotus, Hershey Company Locations: New York, United States, Japan, AFP, British, Hershey , Pennsylvania, ., Australia, Hershey

☆ Salesforce shrugs off growth concerns as reenergized CEO Benioff lifts guidance
▼ + stars: | 2023-08-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Non-GAAP earnings-per-share (EPS) of $2.12 grew 78% from last year and beat the $1.90-per-share EPS predicted by analysts, Refinitiv data showed. While the solid margin beat and upside to earnings are similar to what Salesforce reported back in May, one key difference this time was the increased revenue outlook. It now expects to hit $34.7 billion to $34.8 billion, up from $34.5 billion to $34.7 billion. Salesforce raised its GAAP EPS range to $3.50 to $3.52, up from $2.67 to $2.69, and non-GAAP EPS range to $8.04 to $8.06, up from $7.41 to $7.43. Salesforce also expects its cPRO to grow slightly above 11% from last year and that's slightly better than estimates of 10.8% growth.

Persons: Refinitiv ., Salesforce, Marc Benioff, Brian Millham, Jim Cramer's, Jim Cramer, Jim, Fabrice Coffrini Organizations: Revenue, CNBC, Economic, Afp, Getty Locations: Salesforce, Americas, Europe, Africa, Asia, Davos, Switzerland

Beneath the trimmed flower is a tray collecting shake, cannabis flower that has naturally broken down through handling. Marijuana is currently a Schedule I drug under the Controlled Substances Act, meaning it's deemed to have no currently accepted medical use and a high potential for abuse. The news sent shares of several cannabis companies, including Canopy Growth , Tilray Brands and Cronos Group , jumping Wednesday. "Certainly, moving cannabis off of Schedule 1 is the right decision and long overdue," Rea said in a statement. "Though a full descheduling would be preferred and likely most appropriate for cannabis, we welcome smart decisions and progress towards full legalization and regulation in the legal cannabis industry."

Persons: James Romano, Patrick Rea, Rea Organizations: U.S . Department of Health, Human Services, Drug, Administration, CNBC, Wednesday, Marijuana, Tilray Brands, Cronos, Bloomberg, HHS, DEA, Poseidon Garden Ventures Locations: Medway, U.S

☆ Gannett to pause AI experiment after botched high school sports articles
▼ + stars: | 2023-08-30 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Newspaper chain Gannett has paused the use of an artificial intelligence tool to write high school sports dispatches after the technology made several major flubs in articles in at least one of its papers. Several high school sports reports written by an AI service called LedeAI and published by the Columbus Dispatch earlier this month went viral on social media this week — and not in a good way. Many of the reports feature identical language, describing “high school football action,” noting when one team “took victory away from” another and describing “cruise-control” wins. Gannett has paused its experiment with LedeAI in all of its local markets that had been using the service, according to the company. CNET earlier this year also paused an experiment using AI to write stories after it was forced to issue multiple corrections on AI-generated reports.

Persons: LedeAI, “, Axios, ”, ” LedeAI Organizations: New, New York CNN — Newspaper, Gannett, Columbus Dispatch, Machine, Worthington, CNN, Louisville Courrier, AZ, Milwaukee Journal Sentinel, Dispatch, CNET Locations: New York, Ohio, AZ Central, Florida, ”, “, OpenAI

☆ AI could 'turn good jobs into bad jobs'—3 labor historians on what the future of work might hold
▼ + stars: | 2023-08-28 | by ( Gili Malinsky | ) www.cnbc.com time to read: +6 min

Google and Microsoft are currently testing out their own generative AI tools as well. History could help predict how generative AI "might actually influence or change work in the future," says Benanav. Tech could 'turn good jobs into bad jobs'Generative AI could change the nature and parameters of certain jobs. Introducing new tech into the process has been a way "to turn good jobs into bad jobs," he says. A recent analysis by Goldman Sachs found that, globally, 300 million jobs could be lost to generative AI.

Persons: Aaron Benanav, Felix Koenig, Jason Resnikoff, Resnikoff, who've, there'd, You'd, Koenig, Goldman Sachs, ZipRecruiter Organizations: SAG, Guild of America, HBO, National Union Solidarity, Google, Microsoft, Technology, Syracuse University, Carnegie Mellon University, Pew Research Center, University of Groningen Locations: New York City, Netherlands

☆ Disney, The New York Times and CNN are among a dozen major media companies blocking access to ChatGPT as they wage a cold war on A.I.
▼ + stars: | 2023-08-28 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

The Guardian’s Ariel Bogle reported last week that CNN, The New York Times, and Reuters had blocked GPTBot. Publishers such as Condé Nast, Hearst, and Vox Media, which all house several prominent publications, have also taken the defensive measure. The deep archives and intellectual property rights of these news organizations are immensely valuable — arguably crucial — to training A.I. “I see a heightened sense of urgency when it comes to addressing the use, and misuse, of our content,” Coffey said. News organizations might feel they’re on solid legal ground, as Coffey told me, but there has yet to be any serious action taken against the OpenAI.

Persons: Ariel Bogle, Condé Nast, GPTBot, Danielle Coffey, Coffey, newsrooms “, ” Coffey, Barry Diller, OpenAI, “, ”, they’re Organizations: CNN —, CNN, The New York Times, Reuters, Disney, Bloomberg, The Washington Post, ABC News, ESPN, Hearst, Vox Media, News Media Alliance, Associated Press Locations: The, …

☆ Japan’s X-ray satellite, ‘Moon Sniper’ lunar lander are ready to launch
▼ + stars: | 2023-08-27 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —A revolutionary satellite that will reveal celestial objects in a new light and the “Moon Sniper” lunar lander are expected to lift off Sunday night. The XRISM satellite (pronounced “crism”), also called the X-Ray Imaging and Spectroscopy Mission, is a joint mission between JAXA and NASA, along with participation from the European Space Agency and Canadian Space Agency. Along for the ride is JAXA’s SLIM, or Smart Lander for Investigating Moon. Previously, Japanese company Ispace’s Hakuto-R lunar lander fell 3 miles (4.8 kilometers) before crashing into the moon during a landing attempt in April. If SLIM is successful, JAXA contends, it will transform missions from “landing where we can to landing where we want.”

Persons: Ray, SLIM, Smart Lander, ”, Richard Kelley, James Webb, XRISM, Taylor Mickal, ” Kelley, “, Xtend, Brian Williams, NASA’s, Goddard, Ispace’s Organizations: CNN, Japan Aerospace Exploration Agency, YouTube, Ray Imaging, JAXA, NASA, European Space Agency, Canadian Space Agency, Goddard Space Flight, NASA Goddard Space Flight, Space Center, Soviet Locations: Japan, Greenbelt , Maryland, United States, Soviet Union, China, India

☆ I rented month-long Airbnb stays in 6 different cities before settling in San Diego. Doing a test run in each city made my decision easy.
▼ + stars: | 2023-08-27 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

She tried living in six cities: Nashville, Austin, Chattanooga, Montreal, Toronto, and San Diego. I ended up renting month-long stays in Airbnbs in Nashville, Austin, Chattanooga, Montreal, Toronto, and San Diego. What it was like in San DiegoMy employer was hosting a company-wide event in San Diego, our US headquarters, the first week of January 2023. AdvertisementAdvertisementI planned to stay in San Diego after the event for my next Airbnb jaunt from January 9 to mid-February. I was always curious about San Diego and had heard that many Bostonians end up moving there and loving it.

Persons: Sophie London, Lewis, It's, I've, COVID, I'm, I'd, Taylor, NoogaNightlife.com, jaunt, pang, — Organizations: San Diego ., Service, Austin Nashville, Austin, Nashville, London, Toronto, Film, Chattanooga Locations: San Diego, Nashville, Austin, Chattanooga, Montreal, Toronto, Wall, Silicon, San Diego , California, Massachusetts, Boston, Airbnbs, Nashville , Austin, After London, Montreal In Montreal, London, Tennessee, Nicaragua, Diego, Balboa

☆ UAW members could approve possible strikes at GM, Ford and Stellantis
▼ + stars: | 2023-08-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

Strike votes concluded Thursday among about 145,000 UAW members at General Motors, Ford and Stellantis, the company that sells vehicles under the Ram, Dodge, Jeep and Chrysler names. Even with a recent increase in strikes across the US, most labor negotiations conclude with an agreement and not a strike. Union President Shawn Fain and the UAW are talking up an ambitious set of goals in this year’s negotiations. The workers at those plants are not going to be employees of GM, Ford or Stellantis. And the plants either are paying or are expected to pay far less than UAW members make at the assembly, engine and transmission plants covered by these three contracts.

Persons: Ram, Shawn Fain, Fain Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, Jeep, Chrysler, Union, UAW, GM, ’, EV, LG, Samsung Locations: New York, EVs, Warren , Ohio

☆ Inside Tampa's plan to build more affordable housing as the city's popularity explodes
▼ + stars: | 2023-08-24 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +5 min

Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Those worries are pushing the city to look for ways to get developers to build more housing — including affordable units, Tampa Mayor Jane Castor told Insider. In order to ease the hardships that some residents are facing, Castor said the city is incentivizing developers to increase housing supply generally. An influx of residents has helped drive up housing prices Tampa. Typically, such arrangements let builders move ahead with projects if development plans include affordable or workforce housing.

Persons: Jane Castor, somethings, Castor, it's, Walter Bibikow Organizations: Service, Tampa, Getty Images Locations: Tampa, Florida, Wall, Silicon, Austin , Texas, San Francisco, Rent.com, Clearwater Beach, Ixefra, Getty Images Tampa

☆ Fact check: The first Republican presidential debate of the 2024 election
▼ + stars: | 2023-08-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +16 min

CNN —Eight candidates for the Republican nomination for president took the stage for the first GOP debate Wednesday night in Milwaukee. (In June 2020, he announced a plan for schools to reopen for the next school year that began in August. In April 2020, the unemployment rate spiked to 14.7% — the highest level since monthly records began in 1948. It reached a 66-year low during certain months of 2019, at 3.4% in April and 3.6% in August, but by December 2020, unemployment for women was at 6.7%. That deal was negotiated by special counsel David Weiss, who was first appointed to the Justice Department by former President Donald Trump.

Persons: Ron DeSantis, DeSantis, Daniel Dale Nikki Haley, Nikki Haley, “ Donald Trump, Trump, Daniel Dale, Katie Lobosco Burgum, Doug Burgum, –, Goldman Sachs, Ella Nilsen Tim Scott, South Carolina Sen, Tim Scott, Biden, ” Scott, Scott’s, don’t, Tara Subramaniam Scott, ’ Scott, Joe Biden, they’re, Kevin McCarthy, Merrick Garland, ”, Garland, CNN’s Hannah Rabinowitz Haley, Haley, CNN’s Haley Britzky Pence, Mike Pence, “, Obama, CNN’s Haley Britzky Christie, Hunter Biden, Chris Christie, Biden’s son Hunter Biden, Christie, David Weiss, Donald Trump, CNN’s Marshall Cohen Scott, Burgum, Scott, Katie Lobosco Organizations: CNN, Republican, GOP, “, New, New York Tri, State, Trump, South, United Nations, Social Security, Dakota Gov, American Clean, Republicans, DOJ, Justice Department, National School, Department, Defense Department, of Foreign Relations, Former New Jersey Gov, US, IRS, Treasury Locations: Milwaukee, Florida, Broward, Palm, New York, Connecticut , New Jersey, Louisiana, South Carolina, China, United States, Covid, Ukraine, Estonia, Latvia, Lithuania, Poland

☆ Leaked Zoom all-hands: CEO says employees must return to offices because they can't be as innovative or get to know each other on Zoom
▼ + stars: | 2023-08-22 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Earlier this month, Zoom told employees it would send some workers back to the office regularly. Zoom CEO Eric Yuan said remote work didn't allow people to build as much trust or be as innovative. Zoom, one of the main enablers and beneficiaries of remote work, told employees living within 50 miles of a Zoom office that they must work there at least two days a week. "Over the past several years, we've hired so many new 'Zoomies' that it's really hard to build trust." Meta this week told employees some might lose their jobs if they didn't show up at least three days a week.

Persons: Zoom, Eric Yuan, Yuan, we've, Zoom's Organizations: Amazon

☆ 4 in-demand freelance A.I. jobs—one can pay $100/hour: 'There's incredible demand for people who are creative'
▼ + stars: | 2023-08-17 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

AI continues to make headlines as companies and individuals alike try to harness the power of new tools like ChatGPT to become more efficient at work and in life. "There's incredible demand for people who are creative, who are entrepreneurial, who quickly adopt new technologies and figure out how to leverage them," says Julia Pollak, chief economist at ZipRecruiter. "Toward the end of last year, we started noticing spikes in searches around all types of AI-related needs," says Yoav Hornung, head of verticals at Fiverr. These included technical needs around integrating it, but also included consulting, "a lot around AI video editing and prompt engineers," he says. Here are four new AI gigs on Fiverr and how much freelancers are charging for them.

Persons: Julia Pollak, Fiverr, Yoav Hornung Organizations: ZipRecruiter Locations: Fiverr

☆ Walmart vs Target: When it comes to groceries it's not really a competition
▼ + stars: | 2023-08-17 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Walmart posted surprisingly strong sales growth in the last quarter, while Target reported a decline. As shoppers increasingly prioritize essentials, one in four US grocery dollars are spent at Walmart. When Walmart's grocery sales are combined with those of its subsidiary warehouse club Sam's Club, the total approaches a third of total US grocery spending. Target meanwhile accounts for 3% of grocery dollars, or about a tenth of Walmart Inc., per Numerator. Target sells those things too, of course, but if shoppers are already heading to Walmart for groceries, they may not want to make a second stop.

Persons: headwind, Walmart's, John David Rainey, Rainey, Target's, Sara Batchelder, Neil Saunders Organizations: Walmart, Target, Service, Costco, Walmart —, Kroger, Albertsons, Sam's Club, Walmart Inc, Target's Locations: Wall, Silicon

☆ Missiles aren't the only threat from North Korea. Its conventional arms are just as deadly
▼ + stars: | 2023-08-17 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +6 min

A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). In late 2022, CFR estimated North Korea had 1.3 million active military personnel, in addition to a 600,000 strong reserve force. Pinkston pointed out that North Korea is not the only one that can launch an attack at short notice. Holistic perspectiveWhy would North Korea need to develop missiles if it holds such a potent threat over South Korea — even if short-lived? However, Cha pointed out that there have also been studies that have shown the damage inflicted by North Korean artillery is "not that effective."

Persons: that's, Naoko Aoki, Victor Cha, Rand, Daniel Pinkston, Pinkston, Cha Organizations: North Korean, North, Korean Central News Agency, Reuters, Korea's, Rand Corporation ., of Foreign Relations, CFR, Korean, Artillery, Center for Strategic, International Studies, Rand Corp, Samsung Electronics, Rand, . Rand Corporation, LG, South Korean, Troy University, CNBC, Korea People's Army, CSIS Locations: North Korea, Korean, Korea, South Korea, Seoul, Pyongyang, U.S, Paju, counterfire, Washington, United States, Victor, Victor Cha Korea

☆ A 'tiny' studio apartment in New York City without a kitchen sink is on the rental market for $2,500 per month: 'No-one said it was ideal'
▼ + stars: | 2023-08-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

An NYC apartment without a sink is available to rent, according to a TikTok video tour. The studio costs $2,500 per month, the realtor said in the video. NYC Sales & Rentals, which has the username @rentnewyork on TikTok with over 742,000 followers, showed a video tour of the studio apartment on August 3. "Tiny NYC Studio Apartment Tour," the caption on the video reads. The average rental price for a studio in Manhattan was $3,278, or $4,443 for a one-bed apartment, the data shows.

Persons: Frederick Peters, Peters, Miller Samuel, Douglas Elliman Organizations: Service, Rentals, NYC Sales, Forbes Locations: Wall, Silicon, York City, Midtown West, New York, Manhattan

☆ Cramer's Lightning Round: Stay away from Plug Power
▼ + stars: | 2023-08-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Plug Power's year-to-date stock performance. Stock Chart Icon Stock chart icon PayPal's year-to-date stock performance. Stock Chart Icon Stock chart icon ModivCare's year-to-date stock performance. Stock Chart Icon Stock chart icon 3M's year-to-date stock performance. Stock Chart Icon Stock chart icon On Holding's year-to-date stock performance.

Persons: you'd, I've, They've, that's Organizations: PayPal, MasterCard, Visa

☆ After Queens Shark Bite, Drones Buzz Over Unfazed Beachgoers
▼ + stars: | 2023-08-13 | by ( Hurubie Meko | ) www.nytimes.com time to read: +1 min

The sky was clear over Rockaway Beach in Queens early Saturday afternoon. Lifeguards scanned the still waters, dotted by a few swimmers, and occasionally blew whistles to warn those who ventured too far into the ocean. The woman, Tatyana Koltunyuk, had been swimming alone near Beach 59th Street when she was bitten on the left leg, officials said. Jose Velez, 64, was at Beach 59th Street on Saturday with his wife, brother, sister-in-law and nieces and nephews. The family comes to the beach every year, he said, and had “never, never, never” heard of such an attack.

Persons: Tatyana Koltunyuk, Jose Velez, “, ” Organizations: Rockaway, Jamaica Hospital, Beach Locations: Rockaway Beach, Queens, Beach, Jamaica

☆ Mark Zuckerberg and Priscilla Chan told leaders of its charity to 'clarify' their work. The result was layoffs, a plan to invest in AI, and a tacit admission their big education project failed.
▼ + stars: | 2023-08-12 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

The organization will no longer be granting money toward educational policy, a big part of CZI's work since its founding, the emails said. As part of its "refreshed strategy," CZI said it is "transitioning" how it supports Summit Learning. The new strategy, laid out to CZI's roughly 500 employees, is to find new education products. Politics was one of its founding areas of work, alongside education and the eradication of all disease. "I give it two more years," one of the people familiar said of CZI's current education work.

Persons: Zuckerberg, Chan, Mark Zuckerberg, Priscilla Chan, Chan Zuckerberg, CZI, Sandra Liu Huang Organizations: Chan Zuckerberg Initiative, Meta, Facebook, Summit, Summit Public Schools, National Education Policy Center, University of Colorado Locations: CZI, California, Washington, Boulder

☆ Manhattan real estate is in 'crisis' as new construction flatlines, borough president says
▼ + stars: | 2023-08-10 | by ( Eliza Relman | ) www.businessinsider.com time to read: +4 min

New York City's pace of housing construction has slowed to a trickle, despite a severe affordability crisis. Manhattan's borough president has identified about 200 sites where he says the city could build housing. We have to fix this," Manhattan Borough President Mark Levine said in a tweet. The city approved 2,525 new units citywide and 1,208 in Manhattan in July 2013. A big portion of the opposition to the legislation came from suburban areas around New York City that didn't want to see more density in their communities.

Persons: Mark Levine, Levine, Eric Adams, he's, Kathy Hochul, It's Organizations: Service, Manhattan, Big Apple, New, New York, New York City, New York Gov, New York Housing, Republican, Democratic, Politico Locations: York, Manhattan's, Wall, Silicon, Manhattan, New York, New, New York City, Munsey, Nassau County, Long, Rye, Westchester County, New Jersey, Jersey City, Hudson County, York City

☆ I've lived in Midland, Texas, most of my life. An oil boom has lured millennials like me looking for high-paying jobs.
▼ + stars: | 2023-08-09 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Jacobe Kendrick, 39, grew up in Midland, Texas, and is now working as a real-estate agent there. He has seen Midland transform as high-paying jobs lure thousands of millennials to the desert city. The city is located in the Permian Basin, which is one of the top producers of oil in the world. Most of my clients are millennials who are jump-starting their livesA large segment of my clients are millennials. For me personally, I chose to raise my family in Midland because I know what the people here stand for.

Persons: Jacobe Kendrick, Kendrick, millennials, I'm Jacobe Kendrick, I'm, It's, haven't, They're, I've, They've, Alcynna Lloyd, homebuyers Organizations: Service, eXp Realty, Blacks, Air Force Academy, Kendrick, Midland Locations: Midland , Texas, Wall, Silicon, Midland ., America, Midland

☆ New Jersey is the last state in America where drivers can't pump gas
▼ + stars: | 2023-08-09 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —New Jersey is now the only state in America where it’s illegal for drivers to pump their own gas. Oregon last week lifted its 72-year-old ban on self-service gas stations, allowing stations to operate half of their pumps as self-serve. Oregon’s move makes New Jersey the last state where drivers can’t touch the gas pump. Gas stations’ struggles to hire workers have led to renewed attempts by New Jersey gas station industry advocates to lift the ban. Gas stations’ struggles to hire workers have led to renewed attempts by New Jersey gas station industry advocates to lift the ban.

Persons: Tina Kotek, ”, Phil Murphy, Patrick Murray Organizations: New, New York CNN —, Democratic Gov, Gas, Jersey, ” New, ” New Jersey Gov, Monmouth University, Monmouth University Polling Locations: New York, New York CNN — New Jersey, America, Oregon, New Jersey, , New Jersey , Oregon, ”, ” New Jersey, Monmouth

☆ Return-to-office mandates just got another vote in their favor: A new study says WFH results in 18% less productivity.
▼ + stars: | 2023-08-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +5 min

A study from economists at MIT and UCLA found productivity dropped when people worked from home. The study observed groups of data-entry workers in India working from home and from the office. Some workers argue they're more productive working remotely. Those in the work-from-home group were 18% less productive than those working from the office. Why data-entry workers?

Persons: It's, David Atkin, Andy Jassy, Zuckerberg's Meta Organizations: MIT, UCLA, Service, National Bureau of Economic Research, Massachusetts Institute of Technology, University of California, Fortune, Microsoft, Amazon Locations: India, Wall, Silicon, Los Angeles, Chennai

☆ Beyond Meat, the poster child of plant-based meat, saw sales tank as cash-strapped shoppers turn away from expensive alternative proteins
▼ + stars: | 2023-08-08 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Beyond Meat's sales tanked by nearly a third in Q2, which the company attributed to weak demand. Consumers are financially squeezed and they're skeptical of the health benefits of plant-based meat, execs said. Brown said that the "number one issue" with the plant-based meat category was that it ultimately wasn't bringing in enough new consumers. International markets saw a much smaller drop in revenues year-over-year. While environmental concerns are a major motivator for people buying plant-based meat in Europe, "here in the US, it's more driven by health," Brown said.

Persons: execs, Ethan Brown, Brown, Lubi Kutua, Kutua Organizations: Service Locations: Europe, Wall, Silicon

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