Speculative trading boosted “meme stocks” and shares in many other risky companies during the COVID-19 lockdowns and helped retail investors profit tremendously before the market tanked. Charlie Munger, Warren Buffett’s lieutenant at Berkshire Hathaway and a veteran long-term investor, thinks…
Brazil’s Natura &Co has agreed to sell Aesop to French beauty giant L’Oréal as part of an agreement valuing the Australian luxury cosmetics brand at USD 2.525 billion. Acquired by Natura & Co in 2012, Aēsop was created in 1987.…
Artificial-intelligence-powered tools have quickly gone from sci-fi experiments to a big part of people’s daily lives—for better or for worse. While some people are using A.I. more to plan vacations and illustrate comic books, others have been using it to…
To support the growth of the travel retail market in Hainan, Bolloré Logistics recently launched a new air charter service. The air charter service will operate weekly from Singapore to Haikou via Hong Kong. With these flights, Bolloré Logistics intends…
After more twists, turns and surprises than we’ve seen in years, March Madness 2023 comes to an end tonight. The only question remaining: Will we see one last upset? UConn meets San Diego State Monday night in the championship round…
Already beloved by DIY enthusiasts and promoted by many indie brands, the powder format is now also being used in more classic products, in everything from cleansers to scrubs and deodorants. Unlike traditional beauty products, powder cosmetics contain zero water.…
The group specializing in vegetable chemistry has just acquired Biopress, a French producer of 100% vegetable oils and proteins, thus securing its supply of vegetable oils while increasing its extraction capacities. Securing a local supply of raw materials Located in…
McDonald’s is closing its U.S. offices and telling U.S. and some international staff to work remotely between Monday and Wednesday as the fast-food giant prepares for layoffs. The company made the request in an internal email last week, reports the…
Experts often use the analogy of a toddler to describe A.I., suggesting that products like chatbot phenomenon ChatGPT need to be taught everything they know by a real human being. In their early days, large language models (LLMs) like these…
Patients diagnosed with conditions like anxiety and sleep disorders have become caught in the crosshairs of America’s opioid crisis, as secret policies mandated by a national opioid settlement have turned filling legitimate prescriptions into a major headache. In July, limits went into effect that flag…