Author: Max Smith
China has taken the green bond market by storm since a broad bear market in 2022, widening its global lead in 2023, according to the latest data from the Climate Bonds Initiative (CBI). The total amount of green bonds issued in domestic and international markets combined was $131.3 billion (about 94 trillion yen), almost double that of second-place Germany, which had annual issuance of about $67.5 billion. The milestone comes as the market recovers from a steep sell-off in 2022 as interest rates rise globally. Total green bond issuance in 2023 is expected to rise 10% from the previous year…
Swedish furniture giant IKEA is entering the video game space with the release of “The Co-Worker Game” on Roblox.IKEA plans to release The Co-Worker Game on June 24, 2024. According to a press release on ikea.com, players will be able to “experience working in the virtual world of IKEA, where fans can create the furniture of their dreams and earn rewards. A limited number of paid roles will be available.”However, there is one condition: only 10 people will be recruited as paying players for the game, and applicants must be based in the UK. However, Roblox gamers from all over…
The public sector – government, education, law enforcement – is the backbone of society. Citizens entrust their local governments, police, and public schools with vast amounts of personal information in return for their services. In effect, the public sector has become a data collection machine. Yet public organizations in particular are ill-equipped to deal with the digital responsibilities that come with managing vast amounts of personal data. Unlike private companies, the public sector typically does not have the appropriate funding, staffing, or the ability to treat cybersecurity as the priority it should be. Indeed, recent cyber attacks against the public…
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Ascension Healthcare and Ascension Sacred Heart have restored much of their patient records technology following the cyberattack in May. An Ascension spokesman said Tuesday: “Ascension Sacred Heart has restored the primary technology used for electronic patient records at our practice, allowing most hospital departments, practices and clinics to use electronic records, charting and ordering systems. Patients should see improvements in efficiency and wait times. Our team is working tirelessly to restore other ancillary technology systems.” In the days following the attack, Ascension reported that its electronic medical records system, MyChart (which allows patients to view their medical records and communicate…
The NBA and NHL expressed concerns about the viability of Diamond Sports' business during a bankruptcy court status conference on Tuesday. Diamond Sports, which owns the largest portfolio of regional sports networks, has been under bankruptcy protection since last year. The leagues are hoping for a resolution regarding the future of diamond sports ahead of the upcoming NBA and NHL seasons. The National Basketball Association and National Hockey League are concerned about the future of Diamond Sports and whether owners of the region's sports networks can put together a viable business plan for this fall's season. Diamond Sports, which operates…
Job openings fell to the lowest level since February 2021 in April as the labor market showed further signs of a cooling in the hiring boom that accompanied the post-pandemic reopening of the U.S. economy.New data released Tuesday by the Bureau of Labor Statistics showed there were 8.06 million job openings at the end of April, down from 8.35 million job openings in March.The March figure was revised down from an initially reported 8.48 million job openings. Economists surveyed by Bloomberg had expected 8.35 million job openings in April.The Job Openings and Labor Turnover Survey (JOLTS) showed 5.6 million jobs…
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Major League Baseball announced disciplinary action against five major and minor league players for betting on baseball, the latest sign that the widespread legalization of sports betting and MLB's promotion of gambling advertisers could bring a gambling epidemic among players that has long simmered underground to a boil.San Diego Padres infielder Tucupita Marcano became the first player since Pete Rose in 1989 to be permanently disqualified for betting on baseball after a league investigation revealed that Marcanovet had bet more than $87,000 on MLB games. Marcanovet bet on MLB games, including 25 games for the Pittsburgh Pirates, who was on…
When TikTok user Megan Boni sang about finding a “man in finance” with a “trust fund,” the world took notice. But marrying a Wall Street “finance bro” doesn't guarantee financial security, some experts say. In fact, it can even carry risks. If you are planning to get married, a prenuptial agreement can provide certain protections for both parties. The financial fraternity is now taking notice. Just ask about the content Creator Megan Boni posted a video of herself working on a new song on her account @girl_on_couch on April 30. The lyrics are simple: “I'm looking for a man who's…