Blog

October 2, 2024

Benedict Cumberbatch and Sophie Hunter Emphasize Storytelling Against Climate Change

At The Earthshot Prize Innovation Summit 2024, actor Benedict Cumberbatch and artist-director Sophie Hunter emphasized the crucial role of storytelling in the fight against climate change. They highlighted how creative narratives can inspire action and foster understanding around environmental issues. Cumberbatch noted that compelling stories have the ability to connect people emotionally, driving them to engage in solutions. Hunter added that art can visualize the impacts of climate change, making the issue more relatable. Together, they underscored the power of storytelling as a tool to motivate and mobilize the public for a sustainable future.

October 2, 2024

Market News

Business

US Stocks Set for Year-End Rally, S&P 500 May Hit 6,000

US stocks could be gearing up for a year-end rally, according to Scott Rubner from Goldman Sachs. After a rough few weeks in late October, he predicts that the S&P 500 Index might surpass the 6,000 mark.

October 2, 2024

Market News

Business

US Appeals Court Clears Way for Legal Betting on Elections

Americans can legally bet on congressional elections again after a U.S. appeals court cleared the way for it just five weeks before the November polls. This ruling opens the floodgates for a new wave of political betting as voters gear up for the elections.

October 2, 2024

Market News

Business

New York Mayor Eric Adams Faces Potential New Charges in Corruption Case

New York Mayor Eric Adams may face additional charges in his corruption case, according to prosecutors. They indicated that it’s “quite likely” other defendants could be identified as well.

October 2, 2024

Market News

Business

Power Sustainable Appoints Bruce Heyman to Boost Global Investment Appeal

Power Sustainable, the investment firm run by Canada's Desmarais family, has appointed Bruce Heyman as its new CEO. Heyman’s main goal is to draw in more capital from global institutional investors.

October 2, 2024

Market News

Business

Illicit Activity in On-Chain Transactions Reaches Record Low in 2023

In 2023, just 0.34% of on-chain transactions were linked to illegal activity. This indicates a significant decline in the use of blockchain for nefarious purposes, highlighting the growing legitimacy of cryptocurrency in mainstream finance.

October 1, 2024

Market News

Business

Meta Fined by Ireland for Insecure Password Storage of Users

Ireland’s data protection watchdog has fined Meta Platforms for improperly storing passwords of some Facebook and Instagram users on its internal systems. The company failed to implement adequate safeguards, raising serious privacy concerns. This marks a significant move in the ongoing scrutiny of tech giants over data protection practices.

October 1, 2024

Market News

Business

Nike’s New Leader: Rising from the Bottom to the Top Advantage

In a remarkable turn of events, Nike's new CEO has risen through the ranks from entry-level positions to the very top. This unique journey within the company gives him invaluable insights into its culture and operations. Industry experts believe his experience at every level could be a significant advantage as he leads Nike into the future, fostering innovation and understanding employee perspectives. As he steps into this pivotal role, many are eager to see how his grassroots experience will shape the brand and drive its success.

October 1, 2024

Market News

Business

Sky Accuses Warner of Breaching Exclusive Co-Production Agreement

Sky has accused Warner of breaching their co-production deal, which grants Sky exclusive long-term rights to certain shows. This claim has raised concerns about the future of their partnership and the distribution of content in the competitive pay-TV market. Sky is seeking to resolve the issue through legal means as both companies prepare for potential fallout from the dispute.

October 1, 2024

Market News

Business

Volkswagen Lowers Sales Outlook Amid Electric Vehicle Transition Challenges

Volkswagen has lowered its sales and profit forecasts for the year, joining several other European carmakers facing challenges in the shift to electric vehicles. The company cites a tough market and increased competition as key factors impacting their outlook. This move highlights the growing struggles in the automotive industry as it navigates the complex transition to electrification.