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☆ How getting dog food delivered to your door explains the inefficient, sometimes absurd, extremely convenient way online orders are shipped
  + stars: | 2022-10-19 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +9 min
Industry analysts predict that the amount of dog food ordered online will surpass what's bought in stores by 2025, a shift accelerated drastically by the coronavirus pandemic. Of course, it's not just dog food increasingly being bought online. Even with all those extra vehicles, it's tough to compare the emissions generated by online orders with those of in-store shopping. The mess of overlapping networks that bring our dog food to our doorsteps is always evolving in search of greater efficiency. The mess of overlapping networks that bring our dog food to our doorsteps is always evolving in search of greater efficiency.
☆ That company's 'About Us' page may be full of fake pictures of 'people' who don't actually exist
  + stars: | 2022-10-16 | by ( Ryan Hogg | Evan Ratliff | ) www.businessinsider.com   time to read: +3 min
Some companies are using AI technology to put fake "staff" on their "about us" pages. Ratliff spoke to Lukas, the man behind an Austrian test-prep company called takeIELTS, who confirmed he had used several fake images on its "about us" page. Ratliff said when he checked in on takeIELTS months later, Lukas had removed all the fake images and changed the company's name. The website of another company, Informa Systems, which sold law enforcement training materials to the City of Austin Police Department, was covered with fake images. Ratliff said there are now companies developing software aimed at detecting fake images on company websites and elsewhere on the internet.
☆ How Britain's pension scheme hedge became a trillion pound gamble
  + stars: | 2022-10-15 | by ( Tommy Wilkes Carolyn Cohn | Tommy Wilkes | Carolyn Cohn | ) www.reuters.com   time to read: +9 min
LONDON, Oct 15 (Reuters) - It started out simply enough: British pension schemes were looking for a way to match their assets to future pension payments. But the strategy gradually became riskier, according to interviews with pension scheme trustees, consultants, industry experts and asset managers. Globally, investors are worrying about other financial products predicated on low interest rates, now that rates are rising. Nearly two-thirds of Britain's defined benefit pension schemes use LDI funds, according to TPR. "When people talked about interest rates, all they obsessed about was interest rates falling," said David Fogarty, an independent trustee at professional pension scheme trustee provider Dalriada Trustees.
☆ All eyes turn to bank earnings for clues on slowing U.S. economy after Dimon’s recession warning
  + stars: | 2022-10-13 | by ( Hugh Son | ) www.cnbc.com   time to read: +4 min
Big American banks have mostly resisted bulking up loan loss reserves this year as the financial health of consumers and corporations has held up despite mounting recession concerns. For much of the year, bank managers have told one story, while stocks have told another. Retail customers were spending briskly and still had ample cash in their accounts, executives including Bank of America CEO Brian Moynihan have said . In April, JPMorgan was the first big bank to begin boosting reserves for credit losses, taking a $902 million charge. Analysts expect the New York-based bank to generate $2.90 per share in third-quarter earnings, 22% lower than a year earlier.
☆ ESPN would help Disney and Comcast settle a score
  + stars: | 2022-09-23 | by ( Jennifer Saba | ) www.reuters.com   time to read: +7 min
NEW YORK, Sept 23 (Reuters Breakingviews) - When it comes to modern corporate sagas, few deliver the drama between Walt Disney (DIS.N) and Comcast (CMCSA.O). Comcast Chief Executive Brian Roberts is in position to let his counterpart squirm, but there’s a neat solution to help settle the score: ESPN. He feared Comcast “would have paid more later.”Register now for FREE unlimited access to Reuters.com RegisterBefore long, Comcast clashed again with Disney. To settle the matter, the two parent companies agreed that in January 2024 Comcast could force Disney to buy its stake or Disney could require Comcast to sell based on a minimum valuation of $27.5 billion. Disney owns two-thirds of Hulu and Comcast owns the rest.
☆ Hertz to Buy Up to 175,000 EVs From GM
  + stars: | 2022-09-20 | by ( Mike Colias | ) www.wsj.com   time to read: 1 min
Hertz says it plans to offer GM’s electric models across its business lines, including leisure customers and business travelers. Hertz Global Holdings has agreed to buy up to 175,000 electric vehicles from General Motors over five years, the latest example of rental companies bulking up on EVs. The companies said Tuesday that Hertz would buy EVs from across GM’s four main brands in North America—Chevrolet, Buick, GMC and Cadillac. The first orders would be for Chevy Bolt EVs starting early next year, the companies said.
☆ Farmaceuticals: Vets face pressures to prescribe
  + stars: | 2014-09-15 | by ( Brian Grow | Reuters Graphic | ) www.reuters.com   time to read: +29 min
The feed tickets examined represent a fraction of the tens of thousands issued annually to poultry farms run by or for major producers. Some of its feed has contained low levels of one antibiotic, feed tickets show. REUTERS/Randall Hill MODERN BARN: Nearly 20,000 broiler chicks are housed inside a Foster Farms chicken ranch in Stanislaus County, California. As the CDC studied what investigators informally called the “Foster Farms Outbreak,” researchers soon made a troubling discovery. Reuters asked to see Foster Farms’ feed tickets from that period; the company didn’t respond to that request.
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