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Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa Prices Rally As Jefferies Warns Of "Perfect Storm" In West Africa
Cocoa futures in New York have doubled since the start of March and have now climbed back toward levels not seen since late 2025, around $6,000 a ton, as Jefferies analysts warn that a "perfect storm's a-brewing" across West Africa, the world's top cocoa-farming region.
Jefferies analyst Scott Marks wrote in a note on Tuesday that new weather concerns center on Ivory Coast and Ghana, the world's top cocoa-growing regions.
He said that temperatures in both countries have been about...
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Jun 25, 2026 / Tyler Durden
Chinese Humanoids Take On Penalty Challenge As Messi, Ronaldo Light Up FIFA World Cup
Chinese Humanoids Take On Penalty Challenge As Messi, Ronaldo Light Up FIFA World Cup
Authored by Jijo Malayil via Interesting Engineering,
As the World Cup fever grows around stars like Messi and Ronaldo, Shanghai hosts a unique penalty shootout featuring humanoid robots.
Humanoid robots are stepping up for a penalty shootout.Boston Dynamics/YouTube
At MWC Shanghai 2026, humanoid robots are stepping up to the spot in the Humanoid Robot Football Penalties Challenge, testing the limits of robotics, AI, machine vision, and real-time motion control.
According to Chinese media outlets, the event showcases how embodied AI...
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Jun 22, 2026 / Tyler Durden
Definium Soars As Much As 50% After LSD-Based Depression Drug Meets Late-Stage Clinical Trial Goal
Definium Soars As Much As 50% After LSD-Based Depression Drug Meets Late-Stage Clinical Trial Goal
Definium Therapeutics shares surged as much as 54% on Monday, reaching $37.90 in morning trading as investors reacted positively to developments in the biotech company's research pipeline and potential strategic opportunities.
Definium Therapeutics said its LSD-based depression drug, DT120, met the main goal of a mid-stage trial, reducing depression scores by 8.1 points more than placebo after six weeks, according to Reuters.
Patients showed improvement within one week after a single dose, with benefits remaining at 12...
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Aug 9, 2026 / Tyler Durden
Your Tax Dollars At Work: 20 Port Authority Workers, 17 Cops, Make Over $400,000
Your Tax Dollars At Work: 20 Port Authority Workers, 17 Cops, Make Over $400,000
Apparently, one of the best ways to make $400,000 a year in the New York area is to work for the Port Authority, according to the NY Post.
Twenty Port Authority employees, including 17 cops, cleared $400,000 in total compensation last year as the agency's payroll sailed past $1.2 billion. And much of the magic came from everyone's favorite government money fountain: overtime.
According to payroll data obtained by the Empire Center for Public Policy, 323 employees collected...
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