Schools Financial News

“Our capitalist system,” I have just learned, “is one of the main reasons our planet is getting stripped away and destroyed.” That is according to the Toronto District School Board, which made the claim in the November edition of its EcoSchools newsletter to promote something called “Buy Nothing Day” on November 29. The TDSB says that by buying nothing for a day people can protest consumerism and help the environment. The reality, of course, is just the opposite: capitalism and buying things are nothing to protest. Nor are they responsible for “our planet getting stripped away and destroyed.”

According to Musk, OpenAI spends $1.5 billion annually on its workforce of 1,500 employees. This includes a median yearly compensation of $534,197, with software engineers earning a median of $810,000, significantly higher than the $257,500 average in San Francisco’s tech hub. Some high-level positions see pay reaching $1.3 million annually. Also Read: Trump’s plan to end birthright citizenship, will his son Barron be a U.S. citizen? Here's all you need to know

Subscribe to enjoy similar stories. The Akshaya Patra Foundation plans to take its acclaimed midday meal scheme to Indonesia and Kenya, said two people aware of the development, as India seeks to use its soft power to deepen ties and trade. Indonesia, Southeast Asia’s largest economy, is launching a free meal programme for schoolchildren.

Microsoft Ignite 2024, the annual conference hosted by the Redmond-based tech giant for developers and IT professionals, kicked off with a showcase of advancements in artificial intelligence (AI), productivity apps, cloud innovations and other tools. This year’s event emphasises how businesses and individuals can benefit from Microsoft’s AI and cloud technologies to drive efficiency and innovation. Following a strong focus on AI at Ignite 2023, this year’s edition continues in a similar vein. At Ignite 2024, Microsoft unveiled 80 new features and products aimed at improving workplace efficiency. Here are the key highlights: AI-driven application evolution

Franklin Templeton Mutual Fund has launched the Franklin India Long Duration Fund, an open-ended debt scheme that invests in instruments such that the Macaulay Duration of the portfolio is greater than seven years. The New Fund Offer (NFO) for the scheme is open for subscription and will close on December 4. The investment objective of the scheme is to generate returns by investing in debt and money market instruments, ensuring the Macaulay duration of the portfolio exceeds seven years.

United Nations Security Council (UNSC), emphasising the Council’s outdated structure, which no longer reflects modern global realities. Speaking at Columbia University's School of International and Public Affairs, India’s Permanent Representative to the UN, Ambassador Parvathaneni Harish, stated, «The Security Council structure, as it stands today, is a reflection of 1945. It does not reflect today's realities.» Harish, delivering a keynote address titled Responding to Key Global Challenges: The India Way, underscored that the current framework hinders the UNSC’s ability to tackle pressing issues effectively.

Zomato is leading India's food delivery space with a market share of 58% in the first quarter of FY25, according to a report by Motilal Oswal. Recently-listed rival Swiggy lags with a 42% share. In the rapidly growing quick commerce space, Zomato-owned Blinkit commands a 46% market share, followed by Zepto at 29% and Swiggy Instamart at 25%, in Q1FY25. «Zomato has continued to gain market share from Swiggy from FY22 to 1QFY25, aided by its stronger execution. According to reported gross order value (GOV), Zomato’s market share grew from 54% in FY22 to 58% in 1QFY25,» the report said.

Residents of the Hawaii town devastated by last year's wildfire are awaiting the return of one of the nation's most prestigious basketball tournaments with mixed feelings

A Boston Consulting Group report — Competence over Credentials: The Rise of Skills-Based Hiring — says that focus on traditional hiring parameters create a “paper ceiling” (professional barriers for those without a formal degree) and does not give much value to skills. With the advent of more fast-paced technology, the report argues, skills trumps degrees in many cases; it also has additional benefits such as creating a more diverse workforce and ensuring higher retention rate. What does this mean for hiring for leadership roles? Competency mapping is a crucial process for organisations. But it becomes especially important when filling leadership positions, says Radhika Vivek, Senior Partner, TRANSEARCH India. These roles significantly impact a company's success, and a poor hire can have detrimental consequences.

About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions, according to people familiar with the matter, who asked not to be identified as the information isn’t public. If fully implemented, such systems could cut India’s emissions of the pollutant by almost two-thirds, benefiting air quality and public health, according to the Centre for Research on Energy and Clean Air. Sulfur dioxide breaks down into sulfates, which can account for almost a third of the particulate mass that forms India’s smog, according to Manoj Kumar, an analyst at the Finland-based research group.

A total of 4,136 candidates are contesting for the 288 seats, of which 234 are in the general category, 29 are reserved for Scheduled Castes (SC), and 25 are reserved for Scheduled Tribes (ST).

Residents in India's northern states woke up to another day of poor air quality on Wednesday, as a layer of dense fog shrouded most of the region, and pollution in the capital Delhi remained severe. India battles air pollution every winter as cold, heavy air traps dust, emissions, and smoke from farm fires started illegally in the adjoining, farming states of Punjab and Haryana.

mutual fund industry assets, a growing number of investors and the entry of new fund houses have led to several new fund offers (NFOs). Existing fund houses launch new products in categories where they do not have a presence while new ones are keen to enhance their product in themes that they currently find attractive.

Donald Trump has chosen Linda McMahon to lead the U.S. Department of Education. McMahon, who previously served as the head of the Small Business Administration under Trump’s first term, has long been a staunch supporter of the former president’s policies. Her appointment is part of Trump’s broader initiative to shift federal responsibilities for education to state governments. Trump described McMahon as a «fierce advocate for Parents' Rights» and pledged, «We will send Education BACK TO THE STATES, and Linda will spearhead that effort.» This echoes his longstanding plan to decentralise control over education, moving away from federal oversight. Also Read: Donald Trump taps former wrestling executive Linda McMahon as education secretary

Subscribe to enjoy similar stories. Donald Trump vowed during his campaign to dismantle the Department of Education. He said it to wild applause at his rallies, and it isn’t a crazy idea.

The founder of an artificial intelligence company that worked with large school districts nationwide has been arrested on fraud charges

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone in a deal valued at $8 billion

From foster grandparents who volunteer at an early child care center to citizen scientists who collect water quality data in remote locations, nonprofit volunteers have come back after the pandemic

In a notification, the university said that regular physical classes would resume on November 25, prioritising the health and well-being of students. The administration also directed the heads of all its schools to suspend physical classes until further notice and conduct classes online.

Tony Buzbee, who is representing more than 100 alleged victims accusing the music mogul Sean Diddy Combs of sexual abuse, has been accused by an indvidual of attempting to extort exorbitant sum of money from «high-profile» male celebrity. Attorney Tony Buzbee has slammed these allegations, saying he won't be silenced. A self «high profile individual,» who remained anonymous, filed a lawsuit against Buzbee, alleging the attorney is «shamelessly attempting to extort exorbitant sums from him,» according to court documents obtained by The Mirror. “We won’t allow the powerful and their high-dollar lawyers to intimidate or silence sexual assault survivors," the individual was quoted as saying.

military prowess, the Indian Army, Indian Navy, and Indian Air Force jointly conducted exercise 'Poorvi Prahar' over nine days, demonstrating their unmatched warfighting skills in near-real combat scenarios. This comprehensive exercise validated the effectiveness of joint structures in intelligence gathering, surveillance, reconnaissance, rapid mobilization, deployment/redeployment, and operational logistics. The exercise highlighted the exceptional capabilities of the Indian Armed Forces as the units exhibited precision strike capabilities utilizing high-tech equipment to guarantee mission success.