Inside A Billionaire Bee Colony | A 35-year-old ‘huge Swiftie’ beat out a White House reporter and a legion of bloggers to get the most coveted job in journalism | China's measures to shore up its indebted property sector | Explained | What gives Elon Musk's funny chatbot Grok an edge over its rivals

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� � � � � � Inside A Billionaire Bee Colony - Forbes    Thousands of honey bees leave a cluster of wooden boxes and rush towards a vast grove of almond trees bursting with white flowers. It’s sweet-smelling springtime in California’s Central Valley, and the bees are about to cross-pollinate one of the country’s top cash crops. The bee colony, and the orchard, are owned by America’s richest farmers, billionaires Stewart and Lynda Resnick. They run the privately held agriculture giant Wonderful Co., with $5 billion in annual sales from products such as Halos, Fiji Water, Pom Wonderful and seedless lemons. Wonderful’s roughly 80,000 hives, with about 4.5 billion bees, make it one of America’s largest beekeepers. There are just five or so companies that control the majority of the colonies in the U.S., and their bees are responsible for pollinating roughly one-third of the food Americans eat every year, from apples and onions to strawberries and carrots. Beef producers need bees, too, as the colonies pollinate feed ingredients like alfalfa seed and soybeans. Demand is so high for bees — with the supply suffering from annual die-offs — that Wonderful leases its pollinators to farmers as far away as Maine. “Pollinators are imperative to the food supply,” Rob Yraceburu, the head of Wonderful’s beekeeping operation and the president of the company’s orchard farming, tells Forbes. “They’re crucial to ensuring a supply of fruits and nuts that we all have come to depend on.” Continued here � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium A 35-year-old 'huge Swiftie' beat out a White House reporter and a legion of bloggers to get the most coveted job in journalism - Fortune    The wait is over: Gannett, the biggest newspaper chain in the U.S., finally announced their hire for the highly coveted Taylor Swift reporter job at USA Today. The lucky Swiftie is 35-year-old Bryan West.   It’s no wonder USA Today was looking for a reporter to cover Swift full-time. The now-billionaire superstar has become an economic powerhouse this year with her record-breaking Eras Tour and the $100 million box office hit Eras Tour movie. She’s reshaping the music industry with the stunning successes of her re-recording projects, most recently 1989 (Taylor’s Version). Swift’s impact was even noted in a Federal Reserve economic report, while analysts call the boost she gives to local economies the “TSwift Lift.”  Her influence even extends to the NFL and beyond, as her romance with Kansas City Chiefs tight end Travis Kelce drives her legions of fans to the stadiums donning Chiefs jerseys. Swift’s first appearance at a Chiefs game led Heinz to release a limited-edition “Ketchup and Seemingly Ranch” sauce after the pop singer was spotted eating chicken with both sauces. And the genesis story of the couple’s relationship has boosted sales at craft suppliers like Michaels after fans learned that Kelce gifted Swift a friendship bracelet after seeing her perform. Continued here � � � � � � China's measures to shore up its indebted property sector - Reuters    A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu Wang/File photo Acquire Licensing Rights Nov 8 (Reuters) - Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden (2007.HK), the nation's biggest private property developer, sources said. A state-engineered rescue of Country Garden by Ping An would be one of the most significant interventions to date by authorities to support the cash-squeezed and highly indebted property sector, which accounts for one-quarter of China's economic activity and has sparked fears of a broader financial crisis. Continued here � � � � � � Explained | What gives Elon Musk's funny chatbot Grok an edge over its rivals - WION    A product of Musk's artificial intelligence startup xAI, Gork is trained to use X in real-time which gives it an edge over its rival by giving the user up-to-date information. A product of Musk's artificial intelligence startup xAI, Gork is trained to use X in real-time which gives it an edge over its rival by giving the user up-to-date information. Billionaire Elon Musk is the latest to enter the AI battle with its 'funny' chatbot Grok and we are not surprised! Continued here

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