Business Contents Archive

The United States faces a peculiar housing quandary, writes bloombergopinion's Eduardo Porter. According to Freddie Mac, in 2020, we were short 3.8 million homes. That’s a deficit of one full New York City. And the hole is getting bigger. Land isn’t the problem. Less than 5% of the country is built up, a small fraction of Europe’s housing footprint. The problem is that existing homeowners don’t want anybody to build more homes — at least not in their vicinity. And they have the power to bend the political system to their will. What will it take to reduce the opposition? Tap the link in our bio to find out.

BREAKING: Following the passage of the Schumer-Manchin social spending and tax increase bill, the GOP promised payback at the ballot box. Link in bio. (Regram: foxnews)

SAGA CONTINUES: The Tesla CEO says he wants an official confirmation of how many Twitter users are real and how many are fake. Link in bio.

HIKING SEASON: Warning - the prediction is not very promising. Link in bio.

Seltzer, coffee, cocktails and wine, all at the touch of a button. Just add water. That's the vision of Cana, a startup that wants to build "the world's first molecular beverage printer." The company has already raised $30 million to develop its machine, which uses replaceable cartridges containing alcohol, sugar and other elements to mix drinks on demand. While the latest fundraising round isn't going as smoothly, it still hopes to ship the first units to customers next year. The Cana One will cost $499, plus a membership fee of at least $49 a month. But how do its concoctions actually taste? Tap the link in our bio to find out. 📷: Cana Technology Inc.

● Like many successful products that come from Silicon Valley startups, Dall-E became a phenomenon during a testing period when it was available to only a relatively small group. ● Although Dall-E officially remains in a testing period, the recent announcement also marks the beginning of a new stage in its life cycle, as it begins to mature from an amusing novelty into something more practical. ● Advances in AI often spark concerns about the direct displacement of human workers. But there are plenty of scenarios where people might find it helpful to use software to do things they’d never have hired another person to do. ● Read more through the link in our bio. (🖼: Dall-E)

A Palestinian woman and her daughter cry at their house which was damaged in an Israeli air strike in the northern Gaza Strip, August 7, 2022. 🔗 Read the latest on the escalating tensions between Israel and Gaza at our link in bio. 📷 mohammedsalem85 #gaza #israel #reuters #reutersphotos

MARKET MAYHEM: Warren Buffett’s Berkshire Hathaway reported a $43.76 billion loss in the second quarter as the value of the company's investments plummeted, in what was a tumultuous quarter for the markets. Link in bio.

Business Standard's opinion pages this week focused on 5G spectrum, RBI policy, Chess Olympiad, and much more

People will confess all sorts of things to podcasters, from their unpopular political beliefs or embarrassing romantic mishaps to their worst fears. But there’s one revelation certain guests will never disclose—namely, that they’re paying thousands of dollars just to be interviewed on the show. Welcome to the golden era of pay-for-play podcasting, when guests pay handsomely to be interviewed for an entire episode. In exchange, the host gets some revenue, fills out the programming calendar, and might bag a future advertiser. Read the full story at the link in our profile. (via businessweek)

FEELING THE HEAT: ‘I did get a lot of backlash,’ the billionaire revealed. Link in bio.

Delhi, India recorded its highest temperature ever in May this year, with thermometers rising to 49°C. East of the Yamuna river is Seelampur, a low-income, densely-populated district dotted with informal housing and very little green space. It is also one of the city’s hottest areas. Across the river, temperatures can be as much as 12°C lower: the iconic India Gate is surrounded by leafy neighborhoods that include government buildings, housing for officials, gardens, sports courts and a golf club. The cement, glass and steel that give shape to urban life have also turned modern cities into dangerous, and sometimes deadly, heat sinks. But there are ways to lower temperatures in an overheated metropolis — and evidence of them can be seen from space. Tap the link in bio to see them all. (via bloomberggreen)

‘THE TIME IS COMING’: A CPAC straw poll showed the former president is the overwhelming favorite for 2024. Link in bio. (Regram: foxnews)

China’s exports grew at a faster-than-expected pace in July, bucking expectations that waning global demand would weigh on trade https://t.co/BH1lCCh5qN

‘CONFRONTING CHINA’: kilmeade says the US needs to sever economic ties with the communist country in order to protect Americans against its ‘insatiable' ambitions.