Why Companies Like Amazon Embrace Burning Waste as Part of a Growing Movement towards “zero landfill”

Source: CNBC

Burning waste to make energy is a $10 billion industry in the U.S., and the fastest growing part of the business is waste from big companies like Amazon, Subaru, Quest Diagnostics and American Airlines. They’re part of a growing corporate movement toward “zero landfill” as pressure mounts to reach sustainability requirements. CNBC got an inside look at a waste-to-energy plant where trash is incinerated to power 18,000 homes in northern California.

 


——————–Advertisement————————


The Abandoned Cargo Boat Turned Into a Modern Gem

Source: Kirsten Dirksen

Jérémie Malvy bought an old cargo riverboat for 11,000 euros and then spent two years remaking it into a light and plant-filled modern home. For Malvy, the home – now docked on the Seine on the outskirts of Paris – is another step on his journey from his home in Pakistan to France. It began a couple decades ago when Malvy arrived in Paris with no resources and no words of French, so he lived on the street – often under bridges of the Seine – and spoke to the river


——————–Advertisement————————


How This Artist Made $738K In 32 Minutes Selling NFTs


Source: CNBC

Cam Rackam, 42, is an NFT artist from Huntington Beach, California. Cam graduated with a BFA in drawing and painting from Cal State Fullerton. He had attended and was featured in many art exhibitions over the years for his work in oil painting. But once the pandemic hit in 2020, Cam pivoted to making NFT art. On October 27th, 2021, Cam sold his entire 10,000 NFT collection for 660 ethereum, or $2.6 million. His cut: $738,593.97.


——————–Advertisement————————


She Washes Their Clothes in What?

Source: TSH

Tired of driving to our local laundromat of questionable quality, we invested in a Lehman's hand washer that allows us to do laundry anywhere on the property using minimal water and no electricity.


——————–Advertisement————————


We know doing laundry like this isn't for everyone, but if you've been wondering exactly what goes into washing clothes (sort of) by hand, this should answer your questions.

UK retail and hospitality expected to get £6bn boost from Queen’s jubilee

(qlmbusinessnews.com via theguardian.com – – Thu, 2nd June 2022) London, Uk – –

Britons expected to take advantage of four-day break to splash out on street parties and nights out


——————–Advertisement————————


The jubilee weekend is expected to deliver a £6bn-plus boost to high streets and hospitality businesses as Britons take advantage of the four-day break to splash out on street parties and nights out.

Revellers are expected to spend more than £2bn on food and drink supplies alone, while pubs, bars and restaurants are hoping to ring up almost £3bn in sales, research suggests, as the two bank holidays combine with half-term breaks for most schools in England and Wales.

About a fifth of the population plans to join a street party, the report from Opinium and Vouchercodes found, with around £600m expected to be spent on decorations and memorabilia as retailers tempt shoppers with the questionable delights of Queen-shaped gnomes, corgi balloons and union flag bunting.

Despite concerns for family budgets amid hefty rises in energy bills and the cost of the weekly shop, the long weekend is expected to prompt an 8% rise in visitors to retail destinations in the week up to the bank holiday weekend, according to analysts at shopper monitoring group Springboard, with high streets and shopping centres faring best.


——————–Advertisement————————


UKHospitality, the , the British Beer and Pub Association and Hospitality Ulster said they were expecting almost £400m more to be spent in pubs, bars, restaurants and other hospitality venues than during a normal Thursday to Sunday in May.

“We sense there’s a real pent up desire among the population to get out and enjoy itself,” the trade organisations said in a joint statement. They added that businesses continued to face huge cost increases, a staff crisis and rising rent repayments but the four days would “do wonders for income and for employee morale”.

“At last, our beleaguered sector is able to look forward to the sort of trading period that will give it a massive boost as it sets out on the long road to post-pandemic recovery,” the four bodies said.

Supermarkets had already enjoyed a boost in the run-up to half-term as food sales rose in the week to 21 May after months of declines according to market analysts Nielsen.

Lisa Hooker at advisory firm PwC said: “Despite the significant drop in consumer confidence shown by our most recent consumer sentiment survey, a difficult couple of years combined with the feel good factor of celebrating with family and friends could see positive results for grocers leading up to and across the platinum jubilee weekend.”

However Clive Black, an analyst at Shore Capital, said it was likely to be a “short term boost to sales”, adding: “With food inflation running at 6% to 8% volumes are demonstrably lower.”

Official figures show extra bank holidays in previous jubilee years have led to sharp reductions in the UK’s overall economic output, or GDP, as the benefits from higher consumer spending do not outweigh the costs from businesses closing for the day.

Retailers and hospitality bosses are expecting a downturn in trade by the end of the summer, as families return from summer holidays booked when the economic outlook was better and find higher bills waiting on the doormat.


——————–Advertisement————————


Revealing the highest level of food price inflation in a decade on Wednesday, Helen Dickinson, the boss of the British Retail Consortium trade body which represents all the major retailers, said: “It is likely to get worse before it gets better for consumers with prices continuing to rise and a further jump in energy costs coming in October.”

By Sarah Butler

Elizabeth line opens a week before Queen’s platinum jubilee celebrations

(qlmbusinessnews.com via theguardian.com – – Tue, 24th May 2022) London, Uk – –

After delays to tunnelled section under London, first trains run on time

The first Elizabeth line trains to carry passengers through the new tunnels under London departed on time on Tuesday morning, marking the start of an era of greater speed, space and comfort – “fit for a Queen, and Londoners”, the mayor, Sadiq Khan, said.

Hundreds of people braved the rain to queue outside for the first train from Paddington through central London on the line originally known as Crossrail – finally ready for service a week before the Queen’s platinum jubilee celebrations.

Cheers greeted the opening of the gates at 6.18am as Khan and the TfL commissioner, Andy Byford, at the head of the queue, stepped back to allow the first customers to dash past, without a moment to wipe their feet on the way in to the pristine new station.

Khan said he was “so excited – like that little boy on Christmas Eve, waiting for Santa”. Last week, the monarch visited Paddington, opening the line officially three and half years after she was first invited. “We now know that it’s fit for a Queen – and for Londoners,” he added.

London landmarks from the Eye to Tower Bridge were lit in purple overnight to mark the occasion. Meanwhile, Vernon Kerswell, 34, a train designer, had been at the front of the queue since midnight outside Paddington. “It’s been a long night but really exciting,” he said. Hundreds more had joined by 4am, with those at the front coming from Scotland, Dorset and elsewhere to be among the first to board.

Among several families who had taken their children out for a historic trip was Nic Stevenson from Christchurch, with his seven-year-old son Eddy. “We’re cold, wet but happy,” he said.


——————–Advertisement————————

 

Down on the platform, most said it was worth the wait. As crowds jammed the platform, cheers greeted the PA who was “delighted to announce the first eastbound train to Abbey Wood”. A minute later, he retracted – “this one is not stopping here” – but today, no one minded.

More cheers greeted the opening of the pristine platform doors. And even with the crowds, everyone who wanted got a seat.

“It’s just amazing,” said Agnes Sarkadi-Smith, from Arundel, who had stayed in London overnight with her son Sawyer, 11, arriving to queue at 4am, and had baked Elizabeth line cupcakes to hand out for the occasion. “We didn’t quite make enough for everyone,” she added. They were going to visit every station on the line today, Sawyer said.

Just seven minutes of train ride later, the VIPs exited at Farringdon – “we’re already here!”, someone shouted in astonishment.

In less than 20 more minutes, the train reached Abbey Wood, which just yesterday would have felt a long and arduous cross-city slog from Paddington. Whoops greeted arrivals at the station, amid the kind of excited chatter normally distinctly frowned upon on the underground.

Not all were enthusiasts – an Italian passenger, who had worn a full purple jacket in what appeared to be a coincidence, was trying to quietly read a book by the Dalai Lama in translation. When asked what she thought of the new service she replied that she didn’t understand.

A bigger crowd – arguably of more hardcore rail enthusiasts – had queued down the street outside Abbey Road for what was technically, by just over a minute, the very first Elizabeth line train to depart for the new central section. (Purists may have wanted to take the 6.30am from Paddington to Heathrow to be the very first Elizabeth line passengers – albeit only on the rebranded TfL Rail services already running.)

With train managers funnelling the crowds straight to the platform entrance, it took five trains for the early Abbey Wood queue to clear. Only later in the morning peak did the station announcer let passengers know that “all entrances to the new, fantastic, Elizabeth line are now open”.


——————–Advertisement————————

 

Among them was Grace, who declined to give her full name or age but said she was “a sixtysomething proud resident of Abbey Wood”. She was still taking a Southeastern train to Waterloo East for her commute to central London, but couldn’t resist coming over to take a closer look. “I feel so proud of the new line, especially when I realised it originated from here,” she said.

When she moved to the area 20 years ago, she said: “The feeling I got from people here was that morale was low. Now, it’s changed. This outside was just a little dirt road – there’s been a lot of new development.”

Construction of the £19bn line (£20bn including trains) started in 2009, after decades of planning. The central section was originally due to open in 2018, before the overoptimistic schedule fell apart as engineers tried to produce an extraordinary complex railway and 10 new stations in central London.

Until autumn, the Elizabeth line will run as three separate railways, with passengers on the former TfL Rail services in the west or east having to change at Paddington or Liverpool Street stations to continue on the newly opened central section.

Transport for London bosses expect many more commuters to flood on to the line after September, when trains will run directly from Shenfield, Reading and Heathrow into stops across central London. Next May, services will run the breadth of the Elizabeth line, with up to 24 trains an hour at peak times.

By Gwyn Topham

Jetson ONE – Flying Through The Forest

Source: Jetson

The feeling you experience when flying the Jetson ONE through the forest is unreal. The excitement and thrills are phenomenal, far more incredible than what you have seen in sci-fi Hollywood blockbusters.


——————–Advertisement————————


Can you think of any manned aircraft capable of speeding through the forest like this? Our mission is to make the skies available for everyone with our safe personal electric aerial vehicle. Are you ready to experience a completely new and exciting way of travel?

HSBC launches $1 bln lending fund to invest in female-owned businesses

(qlmbusinessnews.com via uk.reuters.com — Thur, 12th May 2022) London, UK —

HSBC Holdings (HSBA.L) said on Thursday it was launching a $1 billion lending fund to invest in female-owned businesses over the next 12 months.

“The level of funding received over time by female-led businesses is significantly lower than male counterparts, while the recent impacts of the pandemic have seen these same businesses disproportionately affected,” Sam Cooper-Gray, global head of market strategy at HSBC Business Banking, said in a statement.


——————–Advertisement————————

“Female-owned businesses are also less likely to have global networks, meaning international expansion can prove particularly challenging,” she said.

The fund appears to cover more markets than any other such initiative.

In January 2021, NatWest Group (NWG.L) allocated 1 billion pounds ($1.2 billion) to support female-led businesses in Britain recover from the COVID-19 pandemic, adding to 1 billion pounds the bank made available in 2020.

HSBC said access to funding remained one of the biggest hurdles for female business leaders worldwide. Female-owned businesses had received just 3% of start-up funding in 2019, HSBC said.


——————–Advertisement————————

HSBC's Female Entrepreneur Fund will be open to both new and existing customers across 11 markets, with nearly half of them in Asia, including Hong Kong, Singapore and Indonesia. Other markets include the United States, Britain and Uruguay.

Reporting by Anshuman Daga

How Apeel Sciences Founder Raised $650 Million For Their Food-Saving Start-Up


Source: CNBC

James Rogers, founder of Apeel Sciences, learned that one of the main causes of global hunger isn’t that we as a species aren’t capable of growing enough food, it’s that so much of it goes bad before it can be consumed.


——————–Advertisement————————


The reason food goes bad is fairly simple: Oxygen comes in, water goes out. If he could find a way to stretch that out, he might be able to make a dent in global hunger.

James thought, if we could slow the process of steel from oxidizing, why couldn’t we do the same for a ripe avocado?

Here’s how Apeel became a $2 billion start-up looking to end world hunger.

Tour of The EcoVillage of Ithaca, Could Communal Living Be The Future

Source: Flock Finger Lakes

The EcoVillage at Ithaca was established in 1991 and has become a mature communal village with three neighborhoods developed on 10% of the land with 90% of the land devoted to farmland and natural areas.


——————–Advertisement————————


Given that we're interested in communally living at Flock, we took quite a bit of notes from the EcoVillage, which is celebrating their 30th anniversary this year.

Jessica Alba On Building Her Billion-Dollar Business

https://www.youtube.com/embed/PzMuAtTdf5U

Source: Forbes

The actress and founder of The Honest Company speaks with Moira Forbes to discuss what motivated her to launch her business, how she learned to silence the critics and her advice for aspiring entrepreneurs.

——————–Advertisement————————

Legal argument victory for Co-op workers in equal pay fight

(qlmbusinessnews.com via bbc.co.uk – – Mon, 31st Jan 2022) London, Uk – –

Co-op shop floor workers have won a key legal argument in a battle to secure equal pay with warehouse staff.

More than 1,600 mostly female supermarket workers have been fighting for pay parity with mostly male staff at distribution centres, who are paid up to £3 an hour more.

Co-op has conceded a “comparability concession”, a step towards recognising the different roles are of equal value.

But it said its workers were “fairly” paid and the battle was far from over.

It comes amid similar equal pay battles at rival supermarkets Tesco, Asda, Sainsbury's and Morrisons.

Co-op made its concession at an ongoing pay tribunal. Tom Hewitt of solicitors Leigh Day, which is representing the workers, said Co-op shop floor workers had now “cleared the first hurdle in their claims for equal pay”.

“We hope that Co-op recognises that they can no longer deny that the work store workers do is of equal value to that of their distribution centre colleagues,” he said.

The claim began after the mostly female shop floor employees found they were being paid less than men in Co-op's warehouses.

This made them feel they were “underpaid for the same effort”, Leigh Day said.

The law firm said Co-op's concession was the first stage in a three-step process that could see the workers reclaiming thousands of pounds of missed back pay.

The retailer will now have to show that the roles are not of equal value or that there is a genuine reason for the pay difference which is not based on gender.

A Co-op spokesman said: “Our colleagues play an important role in feeding the nation and it's central to the Co-op's values that we pay them fairly for the work that they do in supporting communities.

“We believe that we pay our colleagues fairly for the roles that they do, and so will continue to defend these claims.”

£8bn of back pay claims

It is the latest of a number of equal pay fights that could end up costing grocery chains up to an estimated £8bn in back pay claims.

In September 2021, an employment tribunal ruled that the roles of Morrisons' store workers could be compared to their colleagues in distribution centres.

The case has proceeded to further hearings examining whether store worker and distribution roles are of equal value.

In March 2021, a landmark judgment was handed down by the Supreme Court which confirmed that Asda's shop floor workers could compare their roles to those of colleagues in distribution centres for the purposes of equal pay.

However, the judge stressed the ruling did not mean the 44,000 claimants had won the right to equal pay, only that they were free to take further legal action.

Meanwhile, in June 2021 thousands of Tesco shop floor workers celebrated a European court ruling that an EU law could be relied on in making equal pay claims against their employer. It argues that a worker can be compared with somebody working in a different establishment if a “single source” has the power to correct the difference in pay.

The Tesco workers, mostly women, had argued that they failed to receive equal pay for work of equal value with colleagues in its distribution centres, who are mostly men.

Following the ruling Tesco said: “These claims are extremely complex and will take many years to reach a conclusion. We continue to strongly defend these claims.”

Lawyers say the litigation could run on for years.

By Simon Read

How Misfits Market Built A $1 Billion Start-Up Selling “Ugly” Organic Produce

Source: CNBC

Misfits Market is an online grocery delivery service that sells “ugly” organic produce for cheap. In the first four months of 2021 alone, Misfits Market rescued the same amount of food it saved in 2020 as a whole.

In 2020, Misfits Market shipped 77 million pounds of food to more than 400,000 households across the U.S. Since launching in 2018, Misfits Market has expanded to both coasts, has over 1,000 employees and has received over $300 million in funding.

Bloomberg reports its valuation tops $1 billion, putting it into unicorn territory. But Misfits Market wasn’t an obvious success. In fact, it was just one of many businesses started by its 29-year-old founder Abhi Ramesh.

Indian ride-hailing app Ola challenge Uber with new £100m electric car facility in Coventry

(qlmbusinessnews.com via theguardian.com – – Thur, 27th Jan 2022) London, Uk – –

New boost to UK auto industry after tech giant and scooter maker invests in R&D plant to develop electric vehicles

Indian tech company Ola has announced plans to invest £100m in the UK to open a research and development facility for a planned electric car, in a significant boost to the UK automotive industry.

Ola launched its taxi app that rivals Uber in cities including London, Birmingham and Cardiff in 2018, but it is pushing into electric vehicles with a recently launched road-going scooter and a planned electric car.

The new facility will be based in Coventry, the traditional West Midlands centre of the UK automotive industry. It will create 200 jobs in design and engineering. Workers at the plant will also research battery technology.

Ola was founded in India in 2010 by Bhavish Aggarwal, and it now claims to be the world’s third-largest ride-hailing app. This week its electric vehicle arm, Ola Electric, raised $200m in funding at a reported $5bn (£3.7bn) valuation, and previous backers include Softbank, the major Japanese technology investor. It is also reportedly planning a stock market float to raise as much as $2bn.

The scooters are currently designed and manufactured in Bangalore, but Ola said the new UK facility, dubbed its “Futurefoundry”, will work closely with the headquarters. The company did not detail where it would build its electric cars, although wage costs are significantly lower in India than in the UK.

The investment will likely be seen as a vote of confidence in the UK automotive industry, which has seen a recent jump in investment following years of underperformance as big firms awaited clarity on the crucial trading arrangement with the EU.

Traditional carmakers such as Volkswagen are racing against newer companies led by America’s Tesla to invest in facilities to build new battery electric vehicles. However, EVs still only accounted for about 12% of UK sales in 2021.

The alliance between Renault, Nissan and Mitsubishi announced on Thursday became the latest traditional carmaker to outline plans for major investments. The alliance said it would spend €23bn (£19.2bn) over the next five years to launch new electric models, including a new Nissan compact car in Europe – built at a Renault factory in northern France – to replace the Micra.

Ola would be a relatively late entrant to the electric car market, but its scooters have initially targeted its home market which is dominated by cheaper models.

Ola’s Aggarwal said: “Ola Futurefoundry will enable us to tap into the fantastic automotive design and engineering talent in the UK to create the next generation of electric vehicles. Futurefoundry will work in close collaboration with our headquarters in Bangalore, India to help us build the future of mobility as we make electric vehicles affordable across the world.”

The company last year recruited Wayne Burgess, a former Jaguar and Geely designer, to lead the UK vehicle design efforts. Burgess said Ola wanted to create a “world-class design and R&D team with global sensibilities”.

He added that the company will look at “two-wheeler, four-wheeler and other form factors.”

By Jasper Jolly

Britishvolt secures millions in funding for mass production of electric car batteries in the UK

(qlmbusinessnews.com via bbc.co.uk – – Fri, 21st Jan 2022) London, Uk – –

A firm planning mass production of electric car batteries in the UK has secured government funding for its proposed factory in Northumberland.

Britishvolt announced plans for the so-called gigafactory in Cambois two years ago, saying it would create 3,000 jobs.

The BBC understands the government has committed about £100m through its Automotive Transformation Fund.

Britishvolt also announced backing from investors Tritax and Abrdn, that should unlock about £1.7bn in private funding.

Business Secretary Kwasi Kwarteng described the support as “reindustrialisation”. He told the BBC's Today programme that the “huge investment” would give people the “opportunity to have highly-paid, well-paid, high-skilled jobs”.

“We're bringing industry, we're bringing manufacturing to an area that has been under invested in frankly and we're bringing thousands of jobs,” he said.

“Well paid jobs, which represent a huge economic opportunity for people in this area. This is exactly what levelling up looks like. “

Analysis By: Theo Leggett

The government wants the UK to become a major force in the fast-growing market for electric cars.

But if it wants manufacturers to build them here, then having gigafactories in the UK as well is vital.

Not only are battery packs big and heavy, making local production desirable, they also make up a large proportion of the value of an electric car.

And under the Brexit deal, cars made in the UK and sold in Europe will soon have to contain a significant amount of UK or European parts.

Put simply: If batteries aren't made here, the chances are carmakers won't set up shop here either.

Experts say the Britishvolt plant will have to be the first of many. The future of the entire UK car industry depends on it.

The sale in the UK of new petrol and diesel cars will be banned by 2030, with manufacturers switching to making electric vehicles and requiring huge battery production.

The government has set aside more than £800m to attract battery investment to the UK. Mr Kwarteng said Britishvolt would help put the UK at the front “in this global race between countries to secure vital battery production”.

At full capacity, expected to be achieved by the end of the decade, the factory will produce enough battery cells for more than 300,000 electric vehicle battery packs per year.

The gigafactory is being built on the site of the former Blyth Power Station. In addition to the 3,000 people at the site, Britishvolt estimates at least another 5,000 jobs will be created in the supply chain.

Peter Rolton, Britishvolt's executive chairman, told the BBC's Today programme that he would like all of the new jobs at the plant to go to people living in the area, and said the company was setting up a training centre in nearby Ashington.

“Our policy is going to be to try and not to say no to anybody,” he added.

Mr Rolton said the first batteries ready for use would roll off the production line in 2024.

He said: “This announcement is a major step in putting the UK at the forefront of the global energy transition, unlocking huge private sector investment that will develop the technology and skills required for Britain to play its part in the next industrial revolution.

“This is a truly historic day and marks the start of a truly exciting move towards a low carbon future.”

Last year, Nissan's partner, China's Envision AESC, announced it would build an electric battery plant to supply an expansion of electric vehicle production at the Japanese carmaker's plant in Sunderland.