News Room

Hurricane Milton is barrelling toward the west coast of Florida. Meteorologists predict the storm will make landfall Wednesday at a level of either Category 3 or 4, in what one Wall Street analyst predicts could inflict between $50 to $175 billion worth of losses on the Tampa/Fort Myers region. Millions of residents have been ordered to evacuate. 

Investors’ consideration of a firm’s environmental performance, along with concerns about future impacts on profit, have led many firms to start trying to reduce their carbon footprint. But such environmental pressure—if not calibrated correctly—may backfire.

Mpox is spreading across several African countries. The World Health Organization declared mpox a “public health emergency of international concern.” The Democratic Republic of Congo has been hardest hit, though Burundi has also seen a recent surge of cases. To date this year, 36,000 suspected cases have been reported, with more than one-half among children younger than 15 years old. In Burundi alone, two-thirds of the recent cases have been in those younger than 19.

Taking place on Tuesday, Dec. 10, at the Sheraton New York Times Square Hotel, this full-day educational workshop will feature discussions on sustainability, artificial intelligence and innovations in cuisine, as well as the basics of the industry. In all, six esteemed professors from Cornell University’s SC Johnson College of Business will lead talks around food system economics and consumer trends.

Aided by intense pressure from senior Biden administration officials, the shipping companies, represented by the U.S. Maritime Alliance, significantly increased the raise they were offering the dockworkers to 62% from their previous offer of a 50% boost in pay. The International Longshoremen’s Association, the dockworkers’ union, was seeking a 77% raise, but it accepted the new offer, which will be phased in over six years.