Impossible Foods' Quest to Save the Planet Fails to Impress FDA

Impossible Foods' Quest to Save the Planet Fails to Impress FDA

Biochemist Patrick O. Brown, founder of Impossible Foods Inc., invented a “magic ingredient” that solves what he calls the planet's biggest environmental problem: beef. The ingredient, made from soybean roots and genetically engineered yeast, goes into vegetarian Impossible Burgers, which are
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PR: After the First Blockchain Transaction in US, Real Estate Marketplace Propy Announces a New …

To further develop the Decentralized Registry, Propy is announcing a Developer Program – designed to encourage blockchain developers and researchers to build efficient solutions for the real estate market, on top of Propy's registry. The first phase of the program will be: localizations for the Title
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Ohio Democrats Aren't Banking On A Blue Wave

YOUNGSTOWN, OHIO — Ahead of Ohio's May 8 primary election, die-hard Democrats like Dave Betras are watching closely, but skeptically, for signs of 2018's predicted “blue wave.” “It's like Donald Trump threw chum in the water and brought out swarms of sharks,” Betras, the chair of the Mahoning
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'Ruthless, careless and irresponsible': readers share banking nightmares

Commonwealth Bank employees charged clients who were dead for a decade, for services they never provided, not even when they were alive, conceding they were the “gold medallists” of “fee-for-no-service” banking. And AMP executives have admitted lying to the corporate regulator Asic in an
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Consumer credit eases pain of business lending slump

Bankers can only hope their favorite tonic for the commercial lending slowdown — the retail lending renaissance — keeps its fizz for just a little while longer. The commercial slowdown is well into its second year, and the level of frustration bankers are expressing about it is on the rise. You could hear it in
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HK home owners now a minority as prices keep on rising

HONG KONG • For the first time in almost two decades, home owners are in the minority in Hong Kong, underlining the city's status as the world's least affordable property market. Only 49.2 per cent of domestic households in Hong Kong owned the quarters they occupied as of the end of last year, the
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In First Post-Merger Hires, Hunton Andrews Kurth Adds Real Estate Duo

Hunton Andrews Kurth, the product of the latest Big Law merger to be consummated this year, is only 17 days old. But the firm has already announced its first lateral hires, picking up a pair of real estate partners in Miami and Los Angeles. “I came the day after the merger was official,” said Miami partner
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IBS ranks Temenos #1 best-selling end-to-end banking software provider in the international market

1 best-selling digital banking and channels system with Temenos Channels • #1 best-selling core banking system with T24 Core Banking for 13 years • #1 best-selling compliance and risk management system.
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Top story: Sky and Fox up FuboTV investment as OTT platform raises US$75m.

Athletics: Abbott and the World Marathon Majors have announced the renewal of the American health care company's title sponsorship until 2023, with the new four-year agreement beginning in 2019. The AbbottWMM series consists of the Tokyo, Boston, Virgin Money London, BMW BERLIN, Bank of
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Tesla Shares Fall as New Workplace Investigation Revealed

CAL-OSHA told Fortune it was notified April 10 of a serious injury suffered the previous morning by a millwright employed by Automatic Systems. The worker, a 30-year-old man, was struck by a skid carrier and was transported to the San Jose Regional Hospital with a broken jaw and laceration to the
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Wells Fargo Hit With $1 Billion Fine For Lending Practices

The penalty stems from some of the bank's car insurance and mortgage practices. Court documents say the bank forced hundreds of thousands of customers to buy unnecessary car insurance. And for mortgages, it sometimes charged home buyers a fee that the bank should've paid. Beyond the fine, the
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American Lending Center is Leading Voice at IIUSA's Annual EB-5 Advocacy Conference

WASHINGTON–(BUSINESS WIRE)–American Lending Center (ALC), a leading EB-5 regional center and subsidiary of Regional Centers Holding Group, will participate in and sponsor Invest in the USA (IIUSA)'s 2018 EB-5 Advocacy Conference and its inaugural Industry Achievement Banquet.
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Wells Fargo slammed with $1 billion in fines for mortgage, auto loan abuses

Wells Fargo has been hit with $1 billion in fines due to a number of unsavory banking practices, like charging customers unfair mortgage fees and forcing them into auto insurance. The penalty was announced Friday by the Consumer Financial Protection Bureau (CFPB), which said that Wells Fargo's
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How Booming Salt Lake City Can Keep Housing Affordable

Unfortunately, even this unprecedented building boom is not enough to keep up with the city's increasing housing demand. Salt Lake City is experiencing record-low vacancy rates, housing affordability is a challenge at nearly every price point — and homelessness is a major concern.
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Wells Fargo to pay $1B to settle claims of mortgage lending abuses

Wells Fargo will pay a $1 billion to settle several allegations, including that it improperly charged mortgage customers fees to lock-in interest rates. The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency announced the settlement on Friday, following several reports
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Bitcoin Is About to Have Its First Back-to-Back Weekly Gain in 2018

Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed
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Another Safety Probe Hits Tesla After Subcontractor Breaks Jaw

Days before Tesla Inc. defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw. California's Division of Occupational Safety and Health was notified last week of a serious injury sustained
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What the Future of Banking Looks Like

In the future, banking organizations will utilize the sheer volume of insights that they have at their disposal, eventually transforming into the most crucial aspect of a customer's digital financial ecosystem. Combining internal potential with external innovation, banks are already on the path of digital
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The New Fear in Miami: Climate Gentrification

As concerns over rising sea levels reshape Miami's housing market, older neighborhoods that sit well above sea level face major changes in the years ahead. Jesse Keenan, a real-estate professor at the Harvard University Graduate School of Design, calls the process climate gentrification, in which
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The SEC Just Did Brokers a Huge Favor

A DOL spokesman told Bloomberg Law a day after the decision that it will no longer enforce the fiduciary rule. Brokers were no doubt overjoyed, but it was a classic case of winning the battle and losing the war. Brokers now faced an existential problem, not just a regulatory one. Traditional brokerage
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