Industry

Providence’s net loss nears B as industry trends dent results

Providence’s net loss nears $2B as industry trends dent results

Providence, a Washington-based not-for-profit health system, on Tuesday reported a first-half net loss of $1.84 billion, as the industry’s higher expenses and staff shortages plague another heath system. The loss excludes the $3.41 billion impact of Providence’s disaffiliation from Hoag, a California-based healthcare network, earlier this year. Hoag filed a lawsuit in 2020, seeking to …

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A New Normal Is Dividing the Global Chip Industry

Placeholder while article actions load Semiconductor stockpiles are at a record high, and a global economic downturn is unlikely to change that picture. But an increasingly tense geopolitical environment and continued supply chain friction is dividing the largest from other semiconductor manufacturers, which could impact how well they survive. The technology Cold War between the …

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The Inflation Reduction Act Includes Significant Benefits for the Carbon Capture Industry

August 16, 2022 Click for PDF Carbon capture, utilization, and sequestration (“CCUS”) projects around the United States received a significant boost from the Inflation Reduction Act of 2022 (the “IRA”).[1] The IRA, which President Biden recently signed into law, includes approximately $369 billion in incentives for clean energy and climate-related program spending, including CCUS projects.[2] …

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UK hospitality industry loses nearly 200,000 overseas workers

UK hospitality businesses have lost nearly 200,000 international workers since the end of 2019, according to an industry survey, as the after-effects of Brexit and the pandemic continue to squeeze the jobs market. The pool of labor from the EU shrunk at the fastest rate, according to data collected by recruiter Caterer.com. At the latest …

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Young Cattlemen attend industry conference in Columbus – Ohio Ag Net

The Ohio Cattlemen’s Association (OCA) recently hosted young cattlemen from across the state for the annual Young Cattlemen’s Conference (YCC) in Columbus on Aug. 11-13. The conference focused on industry knowledge enhancement, advocacy through political efforts at the state and national level, career development training and networking. The overall goal of the conference is to …

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Tech industry helps oil companies pump more, in contrast to climate pledges

(Bloomberg) — It’s been a blockbuster summer for major oil companies. Exxon Mobil Corp. and Chevron Corp. posted record profits thanks to surging energy prices. The new US climate bill includes concessions to oil and gas companies. There are other, quieter beneficiaries: Microsoft Corp., Amazon.com Inc. and the other cloud-services companies that are increasingly responsible …

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The US should reform health care industry to improve life expectancy rates, study says – The Hill

Story at a glance The Commonwealth Fund compared US life expectancy data against other large middle and high-income countries. Mississippi and West Virginia have the lowest life expectancy in the US, at 74 years. California and Hawaii have the highest, at nearly 81 years. Even though the US spends the most on health care compared …

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Join Us for Colorado Mountain Winefest and Colorado Wine Week!

Advertisement PALISADE, COLO – (July 8, 2022) —The Colorado Association for Viticulture & Enology (CAVE), the non-profit responsible for coordinating the largest wine festival in Colorado, is pleased to announce the details for the 31st Annual Colorado Mountain Winefest presented by Fisher’s Liquor Barn. The Festival in the Park is scheduled to take place Saturday, …

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Industry Veteran Michael Jalbert Named Chief Executive Officer Of Forbes Global Properties

Mr. Jalbert previously served as the Executive Vice President of Global Business Development at HSF Affiliates LLC, where he led the development of the Berkshire Hathaway HomeServices network. Michael Jalbert, newly named Chief Executive Officer of Forbes Global Properties Forbes Global Properties NEW YORK, August 16, 2022 – Forbes Global Properties, a curated consumer marketplace …

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