Biggest emitters paying smallest price on pollution, critics say

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Description: Big industrial plants in provinces covered by the national carbon pricing system paid more than $161 million for their greenhouse gas emissions in 2019, but some critics say the system is designed to ensure the biggest emitters pay the smallest price on pollution. Source: BNNBloomberg.com – video report Date: Apr 13, 2022 Link: https://www.bnnbloomberg.ca/biggest-emitters-paying-smallest-price-on-pollution-critics-say-1.1752319 Questions for discussion:… Read more »

Elon Musk offers to buy Twitter for $43 billion, so it can be ‘transformed as private company’

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Description: Elon Musk offered to buy Twitter for $54.20 a share, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company. Musk’s offer values Twitter at about $43 billion. Source: CNBC.com – video report Date: Apr 14, 2022 Link: https://www.cnbc.com/2022/04/14/elon-musk-offers-to-buy-twitter-for-54point20-a-share-saying-it-needs-to-be-transformed-as-private-company.html Questions for discussion:… Read more »

How Amazon plans to fix its massive returns problem

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Description: Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defence in 2021, which was $741 billion. Source: CNBC.com… Read more »

Elon Musk says Tesla may have to get into the lithium business because costs are so ‘insane’

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Description: Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the metal, a key component in manufacturing batteries, has gotten so high. Source: CNBC.com – video report Date: Apr 08, 2022 Link: https://www.cnbc.com/2022/04/08/elon-musk-telsa-may-have-get-into-mining-refining-lithium-directly.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What are the pros and cons to this investment decision?… Read more »

The Huge Endeavor to Produce a Tiny Microchip

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Description: As the global chip shortage continues, we take an inside look at how semiconductors are fabricated. Source: NYTimes.com Date: Apr 08, 2022 Link: https://www.nytimes.com/2022/04/08/technology/intel-chip-shortage.html? Questions for discussion: What are the direct economic benefits due to investments in these plants? What are the factors of production needed in order to set up these plants? Given… Read more »

A Plastic Bag’s 2,000-Mile Journey Shows the Messy Truth About Recycling

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Description: When the British supermarket chain Tesco Plc first started ­collecting plastic bags and wrappers from customers to be recycled in March 2021, Caroline Ragueneau was thrilled. She was working as a retail assistant at a Tesco store in southwest England when the first white deposit boxes appeared, promising to turn what’s typically discarded back… Read more »

Evergrande Investors Left Baffled by $2.1 Billion in Seized Cash

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Description: Investors in China Evergrande Group are still in the dark over just how $2.1 billion of deposits at its property-services unit came to be used as security for pledge guarantees and seized by banks. Source: Bloomberg.com Date: Mar 23, 2022 Link: https://www.bloomberg.com/news/articles/2022-03-23/evergrande-investors-left-baffled-by-2-1-billion-in-seized-cash Questions for discussion: What are the concerns raised in this report? What should investors… Read more »

Adidas announces new network that will allow more than 50,000 student-athletes to be paid ambassadors

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Description: Adidas announced Wednesday a new “name, image and likeness” network that will be open to student-athletes at NCAA Division 1 Adidas-sponsored schools.The new program will allow more than 50,000 students across 23 sports at 109 schools the ability to become paid spokespeople for the brand. Source: CNBC.com Date: Mar 23, 2022 Link: https://www.cnbc.com/2022/03/23/adidas-announces-new-network-that-will-allow-more-than-50000-student-athletes-to-be-paid-ambassadors-.html Questions for… Read more »

Intel commits $36 billion to making chips in Europe

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Description: Intel announced Tuesday that it plans to invest over 33 billion euros ($36 billion) into boosting chipmaking across the European Union as the bloc looks to become more self-reliant when it comes to semiconductors. Source: CNBC.com – video report Date: Mar 15, 2022 Link: https://www.cnbc.com/2022/03/15/intel-commits-36-billion-to-making-chips-in-europe.html Questions for discussion: What is the significance of this announcement?… Read more »