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☆ Space power China to build ground stations on Antarctica to support satellites
▼ + stars: | 2023-02-02 | by ( ) www.reuters.com time to read: +2 min

China's global network of ground stations to support a growing number of satellites and outer space ambitions has drawn concern from some nations that it could be used for espionage, a suggestion China rejects. In 2020, Sweden's state-owned space company, which had provided ground stations that helped fly Chinese spacecraft and transmit data, declined to renew contracts with China or accept new Chinese business due to "changes" in geopolitics. The project was part of broader initiatives aimed at building China's marine economy and turning China into a marine power, according to China Space News. A Chinese-built ground station in Argentina's Patagonia has stirred concerns about its purpose despite China's assurance that the station's goal is peaceful space observation and spacecraft missions. China in October launched the last of three modules of its space station, which became the second permanently inhabited outpost in low-earth orbit after the NASA-led International Space Station.

☆ Late Subway co-founder's stake donated in potential tax shield
▼ + stars: | 2023-02-01 | by ( Abigail Summerville | ) www.reuters.com time to read: +2 min

It will shield both the estate and the foundation from a big tax bill were Subway to be sold. Reuters reported in January that Subway was exploring a sale with the help of a financial adviser. A Subway spokesperson said the company does not comment on ownership structure and business plans. Buck, who was a nuclear physicist, and co-founder Fred DeLuca started Subway in 1965 after DeLuca asked Buck for advice on how to pay for his college tuition. Reporting by Abigail Summerville in New York; Editing by Anirban Sen and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ This startup that connects conservation projects with funders just raised $8 million. Check out the 30-slide pitch deck Lemu used to secure the fresh capital.
▼ + stars: | 2023-01-30 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

A startup hoping to channel more cash into conservation via its app just raised $8 million. Chilean startup Lemu is developing a marketplace that ranks conservation projects on priority and impact. A Chilean startup connecting conservation projects with funders just raised $8 million. It plans to list and rank high-priority and high-impact conservation projects in the hope that the app's users will donate money, or "invest," in them. It will have two ranking features: LemiImpact, a local-level impact ranking based on potential project outcomes, and LemuRank, which is a global ranking of high-priority conservation efforts.

☆ Travel companies are ‘greenwashing’ — here are 3 ways to find ones that aren't
▼ + stars: | 2023-01-29 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

But finding companies that are serious about sustainability isn't easy, said James Thornton, CEO of tour company Intrepid Travel. "You see hotels saying they're sustainable, and then you're using these little travel bottles for shampoos and shower gels," he said. "The honest truth is that every travel company is ultimately contributing towards the climate crisis," he said. "So the best thing any travel company can start to do is measure the greenhouse gas emissions it creates." Other companies with B Corp status include Seventh Generation, Ben & Jerry's, Aesop — and Patagonia, which Thornton called "arguably the most famous B Corp in the world."

☆ It's not all gloom and doom on Wall Street. Here's where finance firms are still hiring.
▼ + stars: | 2023-01-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

For many on Wall Street, those questions are top of mind. Insider's finance team canvassed more than a dozen recruiters to get their takes on the job market. From investment banking to hedge funds to fintechs, here's who's hiring and who's at risk of making more cuts. Click here to read more about the hiring landscape across Wall Street, from banks to hedge funds and fintechs. We've got a list of the best and worst US airlines, according to The Wall Street Journal.

☆ This startup turning human waste into fertilizer just raised $7.5 million. Here's the 17-slide pitch deck Wasted used to raise the fresh funds.
▼ + stars: | 2023-01-25 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Wasted is making fertilizer out of urine and just raised $7.5 million in fresh funding. Wasted, which he created alongside Taylor Zehren and Thor Retzlaff, is redesigning the porta-potty to ultimately turn human waste into agriculture fertilizer. At least 40 wastewater treatment plants were damaged as a result of the 2017 hurricane Harvey, which saw raw sewage spill out onto streets. Nitrogen, phosphorous, and potassium are common fertilizers found in human waste but are typically extracted from the earth for use. There is a long history of some countries using untreated or partially-treated human waste as fertilizer.

☆ Scientists unearth megaraptors, feathered dinosaur fossils in Chile's Patagonia
▼ + stars: | 2023-01-16 | by ( Marion Giraldo | ) www.reuters.com time to read: +2 min

Jan 16 (Reuters) - Scientists in Chile's Patagonia region are unearthing the southernmost dinosaur fossils recorded outside Antarctica, including remains of megaraptors that would have dominated the area's food chain before their mass extinction. The specimens, according to University of Chile researcher Jared Amudeo, had some characteristics not present in Argentine or Brazilian counterparts. "The enormous variation we are seeing, the biological diversity, was also responding to very powerful environmental stimuli," Leppe said. "This world was already in crisis before (the meteorite) and this is evidenced in the rocks of the Rio de las Chinas Valley," he said. Reporting by Marion Giraldo; Writing by Sarah Morland, Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Pitch Decks That Advertising Tech Startups Used to Raise Millions
▼ + stars: | 2023-01-10 | by ( Business Insider | ) www.businessinsider.com time to read: +19 min

Check out these pitch decks that they've used to sell their vision and raise millions from private equity and VC investors. Blocking ad fraudAdtech startup Lunio, announced a $15 million Series A funding round in September 2022. In May 2022, the software-as-a-service startup raised a $30 million Series B round, led by Insight Partners. Marketing in the metaverseAnima, an augmented-reality startup, raised a $3 million funding round from investors in Janury. He raised $50 million in Series D after closing a $34 million Series C last year, bringing its total raised to $100 million.

☆ A PE firm that's built its brand on high-profile sports deals is broadening its scope
▼ + stars: | 2023-01-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

But one firm that's already well established in the space is looking to quietly diversify itself beyond the pitch. With seemingly everyone interested in sports these days, Cardinale is smart to want to hedge his firm. The crypto exchange also agreed to pay $50 million to improve how it vets customers and transactions. Mala Gaonkar's hedge fund just made its long-awaited debut. SurgoCap Partners entered the fray this week with $1.8 billion in capital, making it the biggest launch of a women-led hedge fund, Bloomberg reports.

☆ Outdoor Retailer Patagonia Tests Solar Windows
▼ + stars: | 2022-12-27 | by ( Konrad Putzier | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/outdoor-retailer-patagonia-tests-solar-windows-11672094574

☆ Top Marketers Are Turning Their Side Projects Into Legitimate Businesses
▼ + stars: | 2022-12-27 | by ( Patrick Coffee | ) www.wsj.com time to read: +7 min

Turning side projects into stand-alone businesses or full-time occupations can be difficult or even impossible for chief marketing officers, whose jobs have become increasingly demanding and complex. “I loved the idea of Paris, especially as a place that I might someday pluck up the courage to start the company,” said Ms. Howard. Dashlane was unaware that Ms. Howard was developing a new company until she announced her resignation, she said. Soon after he left the soft-drink giant, Mr. Cottrill received a call from industry veteran Gary Koepke. New ideas, new challengesWorking on side projects has helped marketers develop different skill-sets and, in some cases, explore new careers.

☆ Patagonia's founder, who gave his company to a non-profit, loves saving money. From eating cat food to living in beach shacks, here are some of the wackiest examples.
▼ + stars: | 2022-12-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Patagonia founder Yvon Chouinard has had a frugal lifestyle since his early days as a climber and surfer. This includes eating cat food and taking soda bottles from trash cans to redeem for money. Even now, Chouinard still wears old clothes and drives a rundown Subaru, The NY Times reported. Before founding Patagonia, Chouinard made a living selling climbing equipment from the back of his car. In 1966, Chouinard set up a base for his equipment business, Chouinard Equipment, in a rented tin boiler room of an abandoned packing company slaughterhouse in California.

☆ Allbirds Were the Tech Bro ‘It’ Shoe. Then the Tech Bros Moved On.
▼ + stars: | 2022-12-24 | by ( Jamie Waters | ) www.wsj.com time to read: 1 min

AUSTEN ALLRED is a pretty typical tech guy. Until Covid, he lived in an affluent San Francisco neighborhood (he’s now based in Ephraim, Utah). Pre-pandemic, Allbirds were the dominant shoes among the clients of San Francisco dating coach Eddie Hernandez, including many tech professionals. Silicon Valley personal brander and stylist Victoria Hitchcock, most of whose 100 clients are dot-com types, has observed a similar disappearing act. Though she says she’s never advised anyone to buy Allbirds, about 40 of her clients sported them in 2019, she recalled.

☆ Fast-Fashion Brands Like Zara, Shein Create Mountains of Waste From Holiday Shopping, Returns
▼ + stars: | 2022-12-22 | by ( Gad Allon | ) www.businessinsider.com time to read: +12 min

A report by the Ellen MacArthur Foundation found that, globally, less than 1% of used clothing is actually recycled into new clothes. Recycling clothes is expensive, and the existing technology isn't adequate to handle the volume needed to make a difference for the planet. While recycling clothing can be expensive, there are some companies that have figured out a way to limit waste by recycling. Time to be honestIn order to fix fast fashion, companies need to start being more transparent about their sustainability practices. It also ensures that the waste companies produce is out in the open.

☆ Conservationists move to permanently protect areas around proposed Alaskan mine
▼ + stars: | 2022-12-22 | by ( ) www.reuters.com time to read: +2 min

Dec 22 (Reuters) - The United States' top environmental non-profit and a regional land trust have raised $20 million to permanently protect 44,000 acres at an Alaskan watershed, that could be another major roadblock for a controversial proposed mine. The proposed Pebble Mine, being developed by a unit of Canada-based Northern Dynasty Minerals Ltd (NDM.TO), has been through a roller coaster of regulations for the past 15 years. "Notably, this effort will restrict development of an access road critical for the proposed Pebble Mine," said the Fund's spokesperson, Valerie Keefer. read moreThe fundraiser counted Patagonia's Holdfast Collective among its donors, along with The Wyss Foundation and Alaska Venture Fund. Reporting by Sourasis Bose, Ruhi Soni and Arshreet Singh in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

For startup founders and venture capitalists, the office holiday party is a December tradition. For many venture capitalists and the startup founders they invest in, December is synonymous with two things: end-of-year paperwork and office holiday parties. But this year, holiday parties in startup-land look a little different. "Align those goals with your holiday party, and you can do something powerful and cost-effective," she said. "You should maybe cut some travel, maybe you don't have a big holiday party, but that's all drop in the bucket compared to head count," he said.

☆ Junior bankers sound off: From how much sleep they get to what kind of company they want to work for next, first-year investment banking analysts spill the beans
▼ + stars: | 2022-12-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Junior bankers hold an interesting position on Wall Street. While these young investment bankers are often the butt of the joke — something something Murray Hill something something Patagonia vests — they also represent a key piece of the dealmaking machine. That's why I always find surveys of junior bankers so fascinating. Emmalyse examined 10 different slides from the poll, which was conducted by recruiting firm Odyssey Search Partners, that show what junior bankers like, and don't like, about their jobs. Click here to learn more about what junior bankers love, and hate, about their jobs.

☆ Valentino designer Piccioli, model Bella Hadid win at Fashion Awards
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] Designer Pierpaolo Piccioli and his wife Simona Caggia pose on the red carpet at the Fashion Awards 2022 in London, Britain, December 5, 2022. REUTERS/Henry NichollsLONDON, Dec 5 (Reuters) - Valentino designer Pierpaolo Piccioli and model Bella Hadid were among the winners at the Fashion Awards in London on Monday. Piccioli, who is creative director of the Italian luxury brand, was named designer of the year at the annual event. Hadid, a regular on the catwalks of fashion capitals Milan, Paris, London and New York took the title of model of the year. "To me fashion has a responsibility, I feel (I) have a voice and I want to use my voice even for who doesn't have a voice," Piccioli told Reuters on the red carpet before the awards.

☆ Argentina's YPF could raise debt in 2023 to back Vaca Muerta push, source says
▼ + stars: | 2022-12-02 | by ( Eliana Raszewski | ) www.reuters.com time to read: +2 min

Companies Ypf Sa FollowBUENOS AIRES, Dec 2 (Reuters) - Argentina's YPF (YPFD.BA) could make a return to debt markets next year, a company source said on Friday, as the state energy firm looks to spur growth in the country's huge Vaca Muerta shale region. YPF leads development of Vaca Muerta, a Belgium-sized formation in Patagonia's Neuquen province, which could in a few years help the country reverse a multi-billion dollar energy deficit and become a net energy exporter, analysts say. YPF is likely to invest a bit over $5 billion next year, up from $4.1 billion this year, according to the source. Looking to benefit from gas exports, YPF in September signed a deal with Malaysia's Petronas to advance a new pipeline set to link Vaca Muerta with a liquefied natural gas (LNG) plant. "Once the law is in place, the confidentiality agreement ends and the two parties will meet with the Vaca Muerta gas producers."

☆ Patagonia is suing Gap, claiming the retailer copied its fleece pullover and is hoping to trick shoppers into thinking it's a collab
▼ + stars: | 2022-11-29 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +3 min

Patagonia filed a lawsuit against Gap, claiming that Gap copied the clothing brand's snap-front fleece pullover. The suit says that Gap's product could fool shoppers into thinking it's a Patagonia collaboration. The outdoors retailer says Gap's Arctic Fleece pullover for men and kids uses "look-a-like" design elements of Patagonia's Snap-T Fleece. A close-up of the front pocket of Gap's fleece, left, and the front pocket of Patagonia's fleece, right. Gap pulled Yeezy products from its stores in October, and the company said during its third-quarter earnings this month that it sustained a $53 million write-down related to Yeezy Gap merchandise.

☆ Venture capitalists in New York City are ditching Patagonia vests for statement jackets and designer sneakers. Here's how 7 VCs are making personal style part of the job.
▼ + stars: | 2022-11-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

New York's venture capital scene is rapidly growing as more West Coast firms move in. Several of New York's venture capitalists said they draw their style from the city's vibrant arts scene. But now, some venture capitalists don't necessarily see the merit in dressing like one another. Whether it's a leather skirt, a pair of sneakers, or a fleece vest, most venture capitalists told Insider that their work style boils down to one thing: personal power. Here are seven venture capitalists who take their style as seriously as their investments.

Nov 23 (Reuters) - Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc (GPS.N) of illegally copying the "iconic" snapped flap pocket it has used on fleece outerwear for more than three decades. In a Tuesday night complaint filed in San Francisco federal court, Patagonia said Gap is willfully and deliberately selling fleece jackets that mimic its flap pocket and rectangular "P-6" logo without permission. The lawsuit includes a one-star review posted online by a Gap customer who called a Gap product an "Obvious Pata*gonia ripoff. Patagonia said it introduced its Snap-T pullover fleece in 1985 and added the flap pocket four years later. The case is Patagonia Inc v Gap Inc, U.S. District Court, Northern District of California, No.

Phoenix-based VIP's toy mimics the design of the Jack Daniel's bottle with comical dog-themed text alterations, like replacing "Old No. After Jack Daniel's sent a cease-and-desist notice, VIP asked an Arizona federal court in 2014 to rule that its toy did not infringe the whiskey company's trademark rights. Circuit Court of Appeals in 2020 overturned a judge's ruling in favor of Jack Daniel's, finding that VIP's toy was a creative work with a "humorous message" that was entitled to First Amendment protections. The Supreme Court last year rejected a request by Jack Daniel's to reconsider that ruling. Jack Daniel's told the high court that the decision made it "virtually impossible to stop misleading or tarnishing use of a mark whenever a copycat deploys 'humor.'"

Hi, I'm Matt Turner, the editor in chief of business at Insider. On the agenda today:But up first: Each year, Insider surfaces 100 leaders across 10 industries who are driving unprecedented change and innovation. Ashley Davis from our special projects team is here to take us behind the scenes of this year's list. InsiderIn the past 12 months, business leaders have faced inflation, a polarized political climate, persistent supply-chain issues, the Great Resignation, a real-estate boom, and more. Our editors carefully selected the power players, activists, and pioneers who are shaping the future.

☆ Stores like Uniqlo, Timberland, and Arc'teryx will reward you for dropping off your unwanted clothes — they may even repair them
▼ + stars: | 2022-11-20 | by ( Jordan Hart | ) www.businessinsider.com time to read: +6 min

Uniqlo's Manhattan flagship store offers low-cost repairs to worn clothes from the brand. PatagoniaWorn Wear is Patagonia's way of extending the life of its garments by allowing customers to trade in old clothes for store credit. According to the site, the old jeans are repurposed as part of a collaboration with Cotton's Blue Jeans Go Green, another recycling program. ReformationReformation's clothes recycling program, RefRecycling, has operated since 2015. LululemonLululemon's "Like New" section offers customers the option of gently used activewear at a cheaper price than the brand's new clothing.

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