Category Archives: Business

05Aug/22

AXS LAW wins multimillion-dollar trademark infringement trial for the creator and owner of the BAOLI brand of restaurants and “My Boyfriend is Out of Town” theme party

On Friday, July 29, 2022, a federal jury in Miami returned a verdict of more than $8.5 million in favor of Peace United Ltd. and against 1906 Collins, LLC and Mathieu Massa, resulting in the return of the trademarks for the “Baoli” brand of restaurants and nightclubs and the “My Boyfriend Is Out of Town” theme party to their creator and rightful owner, Mr. Christophe Caucino. Continue read

UK interest rate rise: what the Bank of England’s historic hike means for your money

Jonquil Lowe, The Open University

The Bank of England has raised its base rate by 0.5 percentage points, the largest single upward jump in 27 years. It takes the base rate to 1.75%, its highest level since 2008. This latest interest rate hike will affect personal finances and reflects the Bank’s efforts to control rampant inflation amid the cost of living crisis in the UK.

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01Aug/22

Envestnet Partners with Nickelodeon to Bring the Intelligent Financial Life™ Undersea with SpongeBob SquarePants’ Character Mr. Krabs

Envestnet is partnering with Nickelodeon to take a closer look at SpongeBob SquarePants’ Mr. Krabs’ imagined finances in their latest omnichannel brand campaign. The new digital interactive campaign features clips of Mr. Krabs’ experiences as a small business owner that serve as entertaining examples of being a proprietor. Envestnet empowers financial advisors to serve as heroes who help their clients live an Intelligent Financial Life™ through its connected financial wellness ecosystem. Continue reading

20Jul/22

OPINION: Meta and hate speech in India

Deborah Brown and Jayshree Bajoria are senior researchers at Human Rights Watch

Last week, Meta, formerly Facebook, released its first human rights report, which included some snippets from the pending Human Rights Impact Assessment on India. But this was not a preview of the full assessment. Rather, Meta told Human Rights Watch that it does not “have plans to publish anything further on the India HRIA,” an abdication of its commitment to transparency and due diligence.
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19Jul/22

Africans turn to crypto as charity funding dwindles

  • Fundraising via crypto, NFTs grows amid funding downturn
  • Advocates say crypto donations faster, easier to access
  • Challenges include internet, power access and gender gap

By Kagondu Njagi

NAIROBI, July 19 (Thomson Reuters Foundation) – A sculpture of a giant tap spewing plastic waste greeted delegates at U.N. environment talks in Kenya earlier this year – a reminder of the urgent need for them to agree a global pact to curb plastic pollution.

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18Jul/22

The Cost of Living Crisis: The Human Impact

People around the world are facing increasing pressures on their day-to-day lives. Food, energy bills and living costs are rocketing as inflation reaches record levels due to Russia’s invasion of Ukraine, the ongoing coronavirus pandemic and rising global instability.

The Thomson Reuters Foundation has spoken to people living in 18 countries around the world in an attempt to gauge the human impact of the crisis.
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10Jul/22

Battery Swapping: From Two-Wheelers to Trucks, Reports IDTechEx

The conductive fast-charging system as we know it today has drawbacks such as long dwell times, high power demand from the grid, availability and reliability issues, and the need for end-users to deal with heavy cables, dirty connectors, and buggy user interfaces. Battery-swapping is an emerging technology that aims to address all of these shortcomings. Besides easily upgrading battery technology, reducing the purchase price of EVs (by decoupling the cost of the battery from the EV), and massively decreasing charging times, it is also important to note that the battery swapping stations themselves can become independent energy storage facilities with grid-balancing ability. As we electrify the various vehicle segments, can battery swapping be considered a viable recharging strategy for them all? Continue reading

08Jul/22

OPINION: Food crisis promises a global wave of unrest

Andrew Firmin is editor-in-chief at CIVICUS, the global civil society alliance, and one of the lead authors of the 2022 State of Civil Society Report.

For the past couple of weeks, mass protests have brought the South American nation of Ecuador to a standstill.
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04Jul/22

Formula for peak performance and staying power of family businesses revealed: Global report

Successful family businesses have common characteristics that drive their performance and continuity from one generation to the next, finds a new global report by KPMG Enterprise and the STEP Project Global Consortium. According to the report, three key characteristics help to sustain their success: a strong entrepreneurial orientation across the generations; family connection and attachment to the business; and ambitious next-generation leadership. Continue reading

03Jul/22

Winston & Strawn Offers Travel Reimbursement for Out-of-State Abortion Services

Winston & Strawn LLP announced that the Firm will reimburse travel expenses for personnel who have to travel out-of-state to obtain an abortion.

The Firm initiated this policy following the recent Supreme Court decision that overturned Roe v. Wade. As a result of that decision, the right to an abortion is now determined under state law. Continue reading