Gig workers are a rapidly growing population, and this growth has been amplified with the cost-of-living crisis which has forced 5.2m workers to take on extra jobs. From delivering takeout in the evenings, providing a taxi service or freelancing, this group of employees are combating the stresses of the cost-of-living crisis with additional work. In addition, with the rise of the creator economy and gig platforms, there are so many options for people who wish to have a varied career. People either have the freedom to be a sole trader or specialise in more than one profession at a time. The opportunities are endless, and therefore people’s source of income is increasingly diversifying. There are several benefits of having a diversified income. With multiple incomes, a worker can gain more financial security than in a single job. For example, if one of several jobs is cut down, you can still invest your time in other ventures. Another benefit of having several incomes is the gain of flexible work. A worker can focus on the income that delivers the most at a given time, and flexibly shift to his other activities if the income is stagnating. However, gig workers face […]

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The U.S. health care system is in turmoil. Increasing costs, loss of margins, inflation, supply and staff shortages and burnout are among the challenges. For many physicians, the complexity and uncertainly encourage employment in large systems to buffer the variable risk. According to Physicians Advocacy Institute, more than half of all physicians are employed by a health care system or hospital and many others are employed by corporate entities. Most of today’s graduating residents will be employed physicians for their entire career. Physicians have expressed their perception that their identities as employed doctors within larger groups or health care systems has been reduced to the level of a “widget,” a simple component that can be easily replaced or interchanged. Continued growth Many systems emphasize the health care entity or corporate enterprise as the center of patient care, as if the building provides the care. This often restricts or strongly discourages employed physicians from promoting their unique expertise. Presumably, there could be a fear that physicians may become more than “widgets,” with special skills that cannot be easily replaced despite value to the health care system and patients. Most concerning may be when a group of physicians creates market-separating programs […]

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Photo: ©AFRICA STUDIO – STOCK.ADOBE.COM KAISERAUGST, SWITZERLAND — Royal DSM has secured US Food and Drug Administration approval for its newly developed infant nutrition ingredient. The human milk oligosaccharide (HMO) ingredient allows DSM to infuse nutritional formulas with the same immune and bacterial benefits provided by naturally occurring HMOs in breast milk. “HMOs are a powerful emerging ingredient capturing increasing attention across the health and nutrition space — especially in the infant nutrition market,” said Christoph Röhrig, head of HMO regulatory at DSM. “The discoveries have been incredibly positive so far, but there is still a lot to be uncovered regarding the potential health benefits and applications of HMOs — which is extremely exciting. Consequently, it’s anticipated that HMO solutions will continue to breakthrough onto the market as the industry learns more about the role these ingredients play in human health.” Now Generally Recognized as Safe (GRAS) for several early life nutritional applications, the company’s 3-fucosyllactose (FL) HMO, marketed as Glycare 3FL 9000, will be able to provide formula-fed infants with nutrients that are more comparable to the natural alternative. In addition to the FDA approval, Glycare 3FL received approval for use in dietary supplements in Australia. “3-FL is […]

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London CNN — Nestlé, the world’s largest food group, says the price of staple items will rise further this year, adding to a string of warnings from consumer giants of more pain to come for stretched households . The maker of Nescafé coffee and KitKat chocolate bars increased prices by 8.2% in 2022, but said this was not enough to offset a rise in its own costs, which had dented its profits. “We are still in a situation where we’re repairing our gross margin and, like all the consumers around the world, we’ve been hit by inflation and now we’re trying to repair the damage that has been done,” Nestlé CEO Mark Schneider said on a call with reporters Thursday. Price increases will be “very targeted” and only implemented where “input cost inflation justifies that,” Schneider added, although he declined to say which of the company’s 2,000 brands, which span frozen food, confectionery and baby formula, would be affected. Unilever (UL) , Coca-Cola (KO) , brewer Heineken (HEINY) , Colgate (CL) -Palmolive and Procter & Gamble (PG) , which makes Pampers nappies and Pantene shampoo, have all flagged further increases in the prices of their goods this year, as […]

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New Albany International Business Park could expand yet again if the city approves a rezoning request from its most prominent developer. MBJ Holdings LLC, an affiliate of the New Albany Co., is requesting to rezone 196 acres from agricultural to limited general employment (L-GE). The site, which consists of eight parcels on the west side of Beech Road, is in the process of being annexed into the city from Jersey Township. The annexation petition was submitted Dec. 30, and is scheduled for a first reading at a New Albany City Council meeting on March 7. If approved, the property would be known as the Northeast Business Park Zoning District. The proposed rezoning serves as an expansion of New Albany International Business Park, according to city documents. The site is today home to farm fields and residential homes, according to city documents, which list the addresses as 3711, 3555, 3525, 3287 and 3453 Beech Road NW. Three other parcels do not have an address. Rezoning the site to L-GE would limit the type of uses on the property. These potential uses would include manufacturing and production, general office activities, warehouse and distribution, data centers, and research and production. Conditional uses […]

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Ceres Director of Federal Policy Zach Friedman issued the following statement after the U.S. Environmental Protection Agency issued its initial guidance for the $27 billion Greenhouse Gas Reduction Fund, a measure within the Inflation Reduction Act designed to spur clean energy investment and deployment in low-income and marginalized communities: “The Greenhouse Gas Reduction Fund is a key financing tool within the Inflation Reduction Act that provides a clear market signal for investors and companies to empower the communities that have been too often ignored yet are most at risk from the effects of the climate crisis. The grant-making process announced by the EPA today allows this important work to begin moving forward toward delivering jobs, lowering burdensome utility costs, and cleaning the air in these communities. We look forward to engaging with our private sector partners, our Community Development Financial Institution and Green Bank colleagues, and community-based organizations. Together, we can ensure that strong proposals for development and investment that expand the benefits of the clean energy economy to all are put before the EPA." Ceres submitted a letter to the EPA as the agency shaped its guidance for the Greenhouse Gas Reduction Act, calling for the program to […]

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Cell Engineering Research Equipment Suite Names Life Sciences Professional Kenneth Dwyer as Lab Manager Kenneth Dwyer, a sales and marketing professional with extensive experience in the life sciences industry, has joined WPI as laboratory manager of the university’s Cell Engineering Research Equipment Suite (CERES) at Gateway Park. CERES Dwyer will work to expand use of the lab by industry clients while also maintaining and managing the lab’s equipment, which was acquired with an $844,314 grant from the Massachusetts Life Sciences Center’s (MLSC) Open Capital fund . About 107,000 people work in the biopharma sector in Massachusetts , and much of the work focuses on early-stage drug treatments. A key goal of CERES is to support that early-stage work. “WPI is grateful to the MLSC for supporting the development of CERES, a place where researchers can pursue innovative medical treatments for human disease,” says Bogdan Vernescu , vice provost for research at WPI. “The university is committed to supporting industry partners so that the biomedical community can grow and continue to thrive in the greater Worcester region.” A fee-for-service facility, CERES is located on Grove Street in Worcester, next to the WPI Biomanufacturing Education and Training Center , which offers […]

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You may not be able to tell by the charts, but the GXO Logistics (NYSE: GXO) spin-off was the right move at the right time. The hiccups in supply chain productivity caused by the pandemic highlighted the benefits of this logistics specialist and are driving sustained growth for the company . The Q4 results and guidance for 2023 left a little for the market to desire, and it caused a minor correction in the share prices but this is an opportunity for growth investors. While the guidance was a little light in respect to expectations, it calls for growth, and the earnings outlook is also favorable. The analysts are taking note of these results and have issued at least 2 new reports since the Q4 report was released. These come from Oppenheimer and Barclays, which upped their price target to an average of $57.50. This is below the Marketbeat.com consensus target but has the consensus moving higher. Oppenheimer and Barclays have the stock pegged at a Buy/Strong Buy compared to the broader consensus of Moderate Buy. GXO Falls On Strong Results And Guidance GXO Logistics had a strong quarter and issued guidance ahead of the consensus estimate but marred […]

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Center for Global Education staff, photo provided by Gonzalo Bruce. Boise State’s Center for Global Engagement received the 2022 U.S.-Andean Innovation Fund Grant Competition through the 100K Strong Innovation Fund – a collaboration that launched last year to create entrepreneurship opportunities for students in the U.S. and Honduras. With this new grant, Boise State will partner with Universidad Científica del Sur in Peru and Universidad Tecnológica Privada de Santa Cruz in Bolivia through the end of the year to engage in programs focused on closing the gender inequality gap in the Americas. “The program focuses on developing new curriculum and methodologies centered around global problems, using problem-solving approaches and using global perspectives,” said Gonzalo Bruce, the Center for Global Engagement’s assistant provost. Business administration, law and global studies majors will analyze and form perspectives on public policy, legal studies and economic development pervasive gender inequality in the U.S., Peru and Bolivia. Select students in the School of Public Service will travel to South America in May, while students from Peru and Bolivia will come to Boise State in September for an immersion experience where they will meet with faculty members, non-governmental and community organizations, and legislators. “This is indeed […]

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Chipotle ( CMG ) is out with a new restaurant concept called Farmesa . The California-inspired, concept eatery is in partnership with Kitchen United Mix, a ghost kitchen, and is set to officially launch next month. Located in Santa Monica, California, guests can order via kiosks at the location, on Kitchen United’s website for pickup, or via delivery through apps like DoorDash and UberEats. Stay ahead of the market Morningstar Analyst Sean Dunlop, who has a price target of $1,550 on the stock and three-star rating (similar to a Hold at the firm), called the new concept’s digital-only ordering system "a manifestation" of Chipotle’s goal of higher digital integration. In its latest quarterly results, the company noted that digital sales accounted for 37.4% of food and beverage revenue. The Farmesa brand has a key audience in mind too, Dunlop said. "It’s a premium-priced product. It’s akin to upscale, fast casual, like Flower Child or Sweetgreen, so the the TAM [total addressable market] is not infinite," he said. Amid high inflation , "affluent consumers" have been mostly "healthy over the last couple days and months in the restaurant space," and there’s been no recent pushback from the higher income consumers […]

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