Author: Press Room

Greetings from New York, where corporate America is bracing for nasty political battles around the upcoming US midterm elections, and for fresh fights about environmental, social and governance goals, as some Republicans (and businesses) mount a backlash. The latest iteration of this just crossed our desks on Friday: after the International Sustainability Standards Board declared it had unanimously decided to embrace Scope 3 carbon emissions reporting, Lauren Anderson of the Bank Policy Institute (a Washington think-tank) declared: “Requiring Scope 3 emissions disclosures now will undermine risk-based investment decisions and create an overly aggressive international baseline that many nations would unlikely…

CNN  —  With Gov. Ron DeSantis riding a historic cash advantage and a tidal wave of enthusiasm for his political ascent, Monday’s gubernatorial debate is shaping up to be Democrat Charlie Crist’s last chance to engineer a comeback in Florida’s gubernatorial race and perhaps slow the rise of a future GOP presidential contender. The debate, delayed for two weeks by Hurricane Ian, is the only time the two will meet at a forum, raising the stakes for Crist in what might be an insurmountable challenge against the surging incumbent to win back the office he held as a Republican and…

CNN  —  Drop an object from the air with nothing beneath it, and it will fall to the ground. Yes, sometimes a wind gust can keep it in the air for a little bit, but eventually gravity does its work. Political gravity often works in very much the same way. Candidates and parties can defy it for a period of time, but eventually they come back to Earth. That seems to be the way the 2022 midterm elections are unfolding over the last few weeks in both the House and the Senate, as Republicans have gained ground with a little…

Like many of you, I was enthralled with the holodeck concept when “Star Trek: The Next Generation” (TNG) came out. For many of us, that became the bar for the coming metaverse or 3D web implementation. The holodeck was a photorealistic virtual environment built on the concept of hard light, which could render solid objects out of light (it is a thing) to provide entertainment for the crew. A starship spending months or years away from its home port would need some form of recreation. Large, Soviet-era submarines needed swimming pools for much the same reason. Though not new, the…

Charles Hoskinson, co-founder of Ethereum (ETH) and co-founder of Cardano (ADA), stated that certain members of the XRP community are “muddying the waters” with their theories and “making it more difficult for the industry as a whole to support Ripple.”Hoskinson made the comments during an interview with YouTuber BitBoy Crypto this past weekend and in regard to the long-lasting war between the US payments company Ripple and the US Securities Exchange Commission (SEC).  The comment followed an argument, so to say, between the XRP community and Hoskinson, during which the former came after the latter due to Hoskinson’s earlier statements…

Cryptocurrency exchange Binance is getting closer to figuring out the identity of a hacker that orchestrated a $570 million hack on its BNB blockchain, CEO Changpeng Zhao told CNBC Monday.After getting some tips from law enforcement on who the hacker might be, Binance is now “narrowing down” the person or persons behind the attack, Zhao said in an interview on CNBC’s “Squawk Box Europe.”The attack in question saw a so-called cross-chain bridge targeted, allowing an as-yet unknown hacker or hackers to withdraw 2 million of Binance’s BNB tokens worth around $570 million at the time.More than $1 billion has been…

Daniel Pinto, co-president and chief operating officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, D.C., Oct. 18, 2019.Al Drago | Bloomberg | Getty ImagesJPMorgan Chase President Daniel Pinto has vivid memories of what life is like when a country loses control of inflation.As a child growing up in Argentina, Pinto, 59, said that inflation was often so high, prices for food and other goods spiked on an hourly basis. Workers could lose 20% of their salary if they didn’t rush to convert their paycheck into U.S. dollars, he said.”Supermarkets…

Jennifer Osborn said her son Jake went on to live for another 11 months after she sang a song from The Greatest Showman to him while he fought for his life at a children’s hospiceA devoted mum described the emotional moment she ‘brought her son back to life’ by singing to him. Professional musician Jennifer Osborn has sung at festivals to thousands of people across the world but said singing to her dying son was the hardest thing she ever had to do. Nurses were baffled when nine-year-old Jake appeared to perk up as she hummed The Greatest Showman’s Million…

CNN  —  NASA has a team in place that will begin a study today on unidentified aerial phenomena, commonly known as UFOs. The group of 16 people – consisting of astronomers, astrophysicists, biologists, former pentagon officials, and a former astronaut – will gather data on unidentifiable events in the sky and release its findings to the public in mid-2023. Here’s what else you need to know to Get Up to Speed and On with Your Day. (You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.) Britain’s third prime minister in seven…

BEIJING: China’s exports to North Korea rose at a slower pace in September, but shipments of masks and other COVID-related items surged as the isolated country stepped up its battle against possible COVID-19 flare-ups, Chinese customs data showed on Monday (Oct 24). Pyongyang declared victory over COVID-19 in August, while its news agency and state television showed elderly people and university students wearing masks in October, with public health experts advising people to don facial protection to guard against the possible resurgence of the virus. North Korea has not confirmed how many people have caught COVID-19, apparently because it lacks…