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TradeBriefs Editorial

From the Editor's Desk

Investors Are Souring of Food Tech Companies. Here's Why - Inc.com (No paywall)

The total value of venture capital deals for food tech companies fell by half for the second year in a row, according to a report released today by Pitchbook. Overall, global VC funding for food tech fell to $9.2 billion in 2023 from $22.5 billion in 2022--and well off the high of $39 billion in 2021. The number of deals in 2023 dropped to 1,393, from 2,052 the year before.

The report attributes the drop to difficult market conditions, including inflation and high interest rates, as well as limited options for exits through acquisitions or initial public offerings. The environment might be particularly challenging for newcomers, with an increasing share of deals happening at the late and venture-growth stages.

Continued here


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Subsidies push stalls for long-awaited American Dream Mall
Subsidies push stalls for long-awaited American Dream Mall
Triple Five Group developed West Edmonton Mall in Canada, Mall of America in Minnesota and American Dream Meadowlands in the Greater New York area. The company defaulted on a $1.2 billion construction loan in 2021 and had to surrender 49% of its equity in Mall of America in Bloomington, MN, and West Edmonton Mall in Alberta that had been pledged as collateral for the New Jersey mall.

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Why Everyone in New Jersey Politics Is Talking About ‘the Line’
Why Everyone in New Jersey Politics Is Talking About ‘the Line’
A lawsuit challenging the system was filed in 2020. But it was not until last month — when Andy Kim, a Democratic congressman from South Jersey who is competing for a Senate seat now held by Robert Menendez, filed his own legal challenge to the practice — that the long-smoldering issue caught fire.





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From ‘highly offensive' to ‘he's not wrong,' GOP senators respond to Trump's remarks about Jewish voters
From ‘highly offensive' to ‘he's not wrong,' GOP senators respond to Trump's remarks about Jewish voters
On Tuesday, Trump appeared to double down on his recent remarks as he left a polling location in Palm Beach, Florida. Asked about his comments in the Gorka interview, he said, “Democrats have been very, very opposed to Jewish people.”

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AI-aided virtual conversations with WWII vets are latest feature at New Orleans museum
AI-aided virtual conversations with WWII vets are latest feature at New Orleans museum
The Voices From the Front interactive station is being unveiled Wednesday as part of the opening of the museum\'s new Malcolm S. Forbes Rare and Iconic Artifacts Gallery, named for an infantry machine gunner who fought on the front lines in Europe. Malcom S. Forbes was a son of Bertie Charles Forbes, founder of Forbes magazine. Exhibits include his Bronze Star, Purple Heart and a blood-stained jacket he wore when wounded.



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Mega Millions jackpot climbs to $977 million after no big winner drawn Tuesday night
Mega Millions jackpot climbs to $977 million after no big winner drawn Tuesday night
There\'s a mandatory 24% federal withholding for winnings above $5,000 that goes straight to the IRS. Some states tax lottery winnings as well, but states that do not impose an income tax on lottery winnings include California, Texas and Florida.

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Georgia plans to put to death a man in the state's first execution in more than 4 years
Georgia plans to put to death a man in the state's first execution in more than 4 years
Pye\'s co-defendant Adams, now 55, pleaded guilty in April 1997 to charges of malice murder, kidnapping with bodily injury, armed robbery, rape and aggravated sodomy. He got five consecutive life prison sentences and remains behind bars.



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Tiger Woods to launch new mini-golf concept in The Colony
Tiger Woods to launch new mini-golf concept in The Colony
\"PopStroke was created to bring people together through the game of golf, regardless of their skill level or age,\" stated Greg Bartoli, CEO and Founder of PopStroke. \"We are thrilled to expand our reach and share the PopStroke experience with new guests in The Lonestar State. This groundbreaking venture represents our commitment to connecting people by providing a unique experience that will resonate with the local community and visitors alike.\"

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Court order puts Texas law allowing police to arrest migrants who cross illegally back on hold
Court order puts Texas law allowing police to arrest migrants who cross illegally back on hold
When President Joe Biden visited the Rio Grande Valley for his second trip to the border as president last month, administration officials credited Mexico for heightened enforcement on that part of the border for the drop in arrests. They said conditions were more challenging for Mexican law enforcement in Sonora, the state that lies south of Arizona.



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Encouraging Health and Wellness in the African American Community
Encouraging Health and Wellness in the African American Community
For more than 58 years, The Atlanta Voice has ably provided a voice for the voiceless. It is the largest audited African American community newspaper in Georgia. Founded in 1966 by the late Ed Clayton and the late J. Lowell Ware, The Atlanta Voice has evolved and redefined its efforts to better connect with the community it serves.

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Filming in Miami: March 21, 2024
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Everybody wants to live in Florida – anywhere but Miami
Everybody wants to live in Florida – anywhere but Miami
It’s bad for society that people who make Miami function feel that they have to go. Housing costs rise by nearly double digits in a year and mobility that they need to reach work seems to shrink annually. The cost of living rises here far faster than almost anywhere else. 

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Miami pushes to shrink derelict vessel removal period
Miami pushes to shrink derelict vessel removal period
According to background documents and a Miami Police Department report, the FIND grant would support the removal of six derelict vessels off Watson Island, including one floating and five submerged boats that have been marked “ready to be removed” as of December 2023. The estimated cost for removal is $8,000 to $15,000 per vessel.



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Kathy Kraninger: Moves from Washington to lead Florida Bankers Association
Kathy Kraninger: Moves from Washington to lead Florida Bankers Association
Later that year in July as the cryptocurrency world was booming, Solidus Labs, a New York-based firm that creates crypto trade surveillance and transaction monitoring, appointed Ms. Kraninger to lead its regulatory efforts as vice president of regulatory affairs. In March 2023, Ms. Kraninger joined Plural VC, a venture community of regulatory experts, operators, and investors. 

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Educators grapple with double-edged sword: AI and ethics
Educators grapple with double-edged sword: AI and ethics
“I think there’s interest [in AI] because there’s a lot of curiosity,” said Dr. Jimenez. “From a higher education point of view, there’s nothing more beautiful than curiosity, because that’s what this is all about. It’s about thinking and coming up with ideas and synthesizing ideas and having that curiosity to want to learn. I think because it’s so novel, people want to know, people want to learn.”



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Miami hits federal funding jackpot for Underdeck
Miami hits federal funding jackpot for Underdeck
“New working groups are being established to make sure that we’re most informed in our advocacy efforts and beginning to reach out to the city again for updates and to FDOT,” she said. “That’s going to be part of our strategy, reaching out to all those that are part of the planning and implementation of this public space to be able to know what’s coming next.”

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Miami-Dade wins vast former Job Corps property
Miami-Dade wins vast former Job Corps property
“It’s a great opportunity to accept this property from the federal government and put it to good local use for a nominal-fee conveyance,” said Mr. Muñoz. “We’re just excited for the opportunity.”



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Better Bus Network faces point-by-point scorecard
Better Bus Network faces point-by-point scorecard
But those plans never came to fruition fully. The bus system wasn’t able to hire enough drivers to run the full plan, the legislation states, so “a series of service adjustments set forth in the revised Better Bus Network” cut the need for so many drivers and the service started in scaled-back format last November.

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Miami Dade College enrollment booming
Miami Dade College enrollment booming
“We are honored to receive this prestigious recognition from the National Security Agency,” Ms. Pumariega added. “It underscores our commitment to expanding our cybersecurity program, solidifying the college’s position as a leader in talent development for the future workforce.”

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Women’s basketball: CU Buffs hope NCAA Tournament experience will pay off
Women’s basketball: CU Buffs hope NCAA Tournament experience will pay off
“Not a lot of teams get to go to the tournament,” Nolan said. “I have a lot of friends now who are just done playing and I was like, ‘That’s so crazy to me.’ So, not being nervous, but also, like, being grateful for the opportunity to play in it.”

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Former CU Buffs put best foot forward for NFL scouts at pro day
Former CU Buffs put best foot forward for NFL scouts at pro day
Mitchell had a 35.5-inch vertical leap that would have ranked fourth at the combine among linebackers. Ward had the best 40 time of the group, but Smoke posted a 4.57 and Antonio a 4.63. Payne led the group with 21 reps in the bench press.

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Trump suggests he’d support a national ban on abortions around 15 weeks of pregnancy
Trump suggests he’d support a national ban on abortions around 15 weeks of pregnancy
Polling has consistently shown that most Americans believe abortion should be legal through the initial stages of pregnancy. About half of U.S. adults said abortions should be permitted at the 15-week mark, according to an Associated Press-NORC Center for Public Affairs Research poll conducted last June.

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Broncos getting ILB Justin Strnad back on one-year deal, source says, after nearly losing him to Carolina
Broncos getting ILB Justin Strnad back on one-year deal, source says, after nearly losing him to Carolina
The Broncos have so far signed an outside free agent at each level of the defense — Barton, safety Brandon Jones and defensive tackle Malcolm Roach — and returned several of their own free agents, including Lutz, TE Adam Trautman, WR Lil’Jordan Humphrey, FB Mike Burton and S P.J. Locke.

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Timberwolves storm back without entire frontcourt, but Nuggets survive on Michael Porter Jr. late scoring
Timberwolves storm back without entire frontcourt, but Nuggets survive on Michael Porter Jr. late scoring
“To finish up the road trip 3-1 is outstanding,” Malone said. “Not always gonna be pretty. I thought in the first half, we did a nice job. Third quarter, just came out with no urgency, and they became the aggressor and had us on our heels. … You have to put teams away, and that’s really something that we really have to get better at. We’re building leads, but now how do we sustain that lead and not just give it all right back?”

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CSU Rams clobber Virginia in First Four slugfest, advance to matchup with Texas
CSU Rams clobber Virginia in First Four slugfest, advance to matchup with Texas
Virginia came into the Dance ranked 193rd in the country by KenPom.com in offensive efficiency. And the Cavaliers certainly lived down to that ranking, as the Rams held them to their lowest-scoring half of the season at 14 points.

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Mikko Rantanen’s 7th career hat trick leads surging Avalanche past Blues 4-3
Mikko Rantanen’s 7th career hat trick leads surging Avalanche past Blues 4-3
Rantanen gave Colorado a 1-0 lead at 6:36 when he scored from the slot after getting a pass from Nathan MacKinnon. It was MacKinnon’s 75th assist this season. He has a 16-game point streak, with 32 points (10 goals and 22 assists).

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Keeler: CSU Rams flipped switch against Virginia. And made NCAA Tournament Selection Committee look like morons.
Keeler: CSU Rams flipped switch against Virginia. And made NCAA Tournament Selection Committee look like morons.
It might be their weekend. Saint Nick’s Rammies were designated by NCAA’s peanut gallery as the “last at-large team in” for the 2024 field, but only one side on Tuesday night truly looked the part. And it was the one in orange that couldn’t hit the broad side of The Barn at Raccoon Creek.

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Ask Amy: Granddad is tired of constant video calls
Ask Amy: Granddad is tired of constant video calls
Dear Amy: I am quite disgusted by the first line of your recent response to “Wondering Parents,” who were being urged by in-laws to raise their child according to a Christian parenting YouTube channel.

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Police, FBI search for suspect wanted in NY smoke shop robbery that left 2 dead: Sources
Police, FBI search for suspect wanted in NY smoke shop robbery that left 2 dead: Sources
Around 8:30 p.m., the FBI, members of the NYPD Emergency Service Unit and K-9 units fanned out along Hughes Avenue near Fordham, some of whom were carrying high-powered firearms. Authorities were seen towing away a Honda minivan from the scene there, but there was no sign of the man police had been searching for.

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How to watch the Dodgers vs. Padres Seoul Series in South Korea
How to watch the Dodgers vs. Padres Seoul Series in South Korea
However, there\'s a catch. Fans who want to get SportsNet LA for free have to purchase the company\'s internet and mobile telephone service offered for an incredible combined price of $49.99 per month.

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Is your smart device safe from hackers? New FCC program will label cybersecure technology
Is your smart device safe from hackers? New FCC program will label cybersecure technology
Karen Garcia is a reporter on the Fast Break Desk, the team that has a pulse on breaking news at the Los Angeles Times. She was previously a reporter on the Utility Journalism Team, which focused on service journalism. Her previous stints include reporting for the San Luis Obispo New Times and KCBX Central Coast Public Radio.

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A Victorville pastor hired hit men to kill a man dating his daughter, police say
A Victorville pastor hired hit men to kill a man dating his daughter, police say
Grace Toohey is a reporter at the Los Angeles Times covering breaking news for the Fast Break Desk. Before joining the newsroom in 2022, she covered criminal justice issues at the Orlando Sentinel and the Advocate in Baton Rouge. Toohey is a Maryland native and proud Terp.

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Early voting has expanded significantly, but turnout growth hasn't kept pace, study finds
Early voting has expanded significantly, but turnout growth hasn't kept pace, study finds
Benjamin Oreskes covers state and national politics for the Los Angeles Times. Previously, he covered City Hall, homelessness and wrote the Essential California newsletter. Before coming to The Times in February 2017, he covered foreign policy at Politico in Washington, D.C.

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Surcharge for alternatives to dairy milk stirs up lawsuit against Starbucks
Surcharge for alternatives to dairy milk stirs up lawsuit against Starbucks
Andrew J. Campa is a member of the Fast Break team at the Los Angeles Times, having previously covered the Eastside and San Gabriel Valley. Before, he worked at several medium and small daily newspapers and has covered education, sports and general news. He’s a proud University of Alabama (#RollTide), Cal State Fullerton and Pasadena City College alumnus.

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Why are Taiwan's 7-Elevens so much better than ours?
Why are Taiwan's 7-Elevens so much better than ours?
Over time, Taiwan’s 7-Eleven stores cut the Slurpee and the Big Gulp and focused on local flavors, creating the store’s signature aroma — a potent blend of tea eggs marinated with cinnamon and star anise, fish cakes and roasted sweet potatoes.

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America's four most polluted national parks are in California, study finds
America's four most polluted national parks are in California, study finds
Lila Seidman is a reporter focused on California wildlife and the outdoors for the Los Angeles Times. Since joining The Times in 2020, she has investigated mental health policy and jumped on breaking news. A native Angeleno, Seidman holds a bachelor’s degree from Reed College and a master’s degree from Pepperdine University.

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Court upholds state plan to require more water in California rivers
Court upholds state plan to require more water in California rivers
Ian James is a reporter who focuses on water in California and the West. Before joining the Los Angeles Times in 2021, he was an environment reporter at the Arizona Republic and the Desert Sun. He previously worked for the Associated Press as a correspondent in the Caribbean and as bureau chief in Venezuela. He is originally from California.

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Lego heads? California police department posts mug shots but without real faces
Lego heads? California police department posts mug shots but without real faces
Summer Lin is a reporter on the Fast Break Desk, the Los Angeles Times’ breaking news team. Before coming to The Times, she covered breaking news for the Mercury News and national politics and California courts for McClatchy’s publications, including the Sacramento Bee. An East Coast native, Lin moved to California after graduating from Boston College and Columbia University’s Graduate School of Journalism. In her free time, she enjoys hikes, skiing and a good Brooklyn bagel.

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For hard-hit tech workers, AI is a silver lining
For hard-hit tech workers, AI is a silver lining
Don Lee writes economic stories out of Washington, D.C. Since joining the Los Angeles Times in 1992, he has served as the Shanghai bureau chief and in various editing and reporting roles in California. Lee previously worked at the Kansas City Star. He is a native of Seoul, Korea, and graduated from the University of Chicago.

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Column: Ysabel Jurado made history in the primary. Can she do it against Kevin de León?
Column: Ysabel Jurado made history in the primary. Can she do it against Kevin de León?
Gustavo Arellano is a columnist for the Los Angeles Times, covering Southern California everything and a bunch of the West and beyond. He previously worked at OC Weekly, where he was an investigative reporter for 15 years and editor for six, wrote a column called ¡Ask a Mexican! and is the author of “Taco USA: How Mexican Food Conquered America.” He’s the child of two Mexican immigrants, one of whom came to this country in the trunk of a Chevy.

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Column: More than 30 states have elected female governors. Will California finally join them?
Column: More than 30 states have elected female governors. Will California finally join them?
Mark Z. Barabak is a political columnist for the Los Angeles Times, focusing on California and the West. He has covered campaigns and elections in 49 of the 50 states, including a dozen presidential contests and scores of mayoral, legislative, gubernatorial and congressional races. He also reported from the White House and Capitol Hill during the George H.W. Bush and Clinton administrations.

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Mystery among the vines: Why is the FBI probing some of Napa Valley's fanciest wineries?
Mystery among the vines: Why is the FBI probing some of Napa Valley's fanciest wineries?
Jessica Garrison writes about Northern California for the Los Angeles Times. She has previously covered Los Angeles City Hall, courts, education and the environment. As a reporter, her work has won a National Magazine Award for Public Service, among other honors. Work she has edited has won a George Polk Award and was a finalist for a Goldsmith Prize. Her book, “The Devil’s Harvest,” told the story of a contract killer who stalked Central Valley farm towns for years while authorities failed to bring him to justice. She is a graduate of UC Berkeley.

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Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County
Crackdown on Airbnb and other short-term rentals likely coming to unincorporated L.A. County
Rebecca Ellis covers Los Angeles County government for the Los Angeles Times. Previously, she covered Portland city government for Oregon Public Broadcasting. Before OPB, Ellis wrote for the Miami Herald, freelanced for the Providence Journal and reported as a Kroc fellow at NPR in Washington, D.C. She graduated from Brown University in 2018. She was named a finalist for the 2022 Livingston Awards for her investigation into abuses within Portland’s private security industry.

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Rising Discipline Problems in Schools: Another Sign of Pandemic’s Toll
Rising Discipline Problems in Schools: Another Sign of Pandemic’s Toll
At the High School of Fashion Industries in Manhattan, Rosa Isabel Chavez, a fashion design teacher, said that when schools reopened, students came back lacking “a high-school-level mentality.”

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With Robert Menendez Indicted, His Children Feel Spotlight’s Glare
With Robert Menendez Indicted, His Children Feel Spotlight’s Glare
In her opening remarks that evening last fall, Ms. Menendez exuded confidence, poise and glamour. The event was a triumph for the Menendezes, who hammed it up in selfies that Ms. Menendez shared the following morning.

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Shared Space, Rising Tensions for 2 Schools
Shared Space, Rising Tensions for 2 Schools
West Prep largely serves low-income Black and Latino students. Before the pandemic, it had about 200 students. It’s in District 3, which includes the Upper West Side and parts of Harlem. That area has lost families and students since the pandemic. West Prep’s current enrollment is about 170.

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Mount Sinai and UnitedHealthcare Reach Insurance Deal
Mount Sinai and UnitedHealthcare Reach Insurance Deal
“We were never asking to be the highest-paid system in the region — we were simply asking for fair payment for our physicians and hospitals and fewer denials for the outstanding care you deliver every single day,” according to the message from several top hospital officials, including the system’s chief executive officer, Dr. Brendan Carr. “The new contract achieves all of these goals.”

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Police in Brooklyn Fatally Shoot Man Who Chased and Shot at a Mugger
Police in Brooklyn Fatally Shoot Man Who Chased and Shot at a Mugger
Four officers can be seen exiting the car, shooting over a dozen times in the man’s direction. While approaching the man, officers yell at him not to move while he is on the ground, and more officers soon arrive at the scene.

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Is England's Southgate the right manager for Man United?
Is England's Southgate the right manager for Man United?
Yet one criticism leveled at Southgate with England in crucial games at the World Cup and Euro 2020 is that he took too long to make changes that could have turned the game in his team\'s favour. He thinks everything through and doesn\'t make rash decisions, but there always comes a time to make a big call. That moment is approaching fast.

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NFL experts debate free agency: What was the most questionable move? Best signing?
NFL experts debate free agency: What was the most questionable move? Best signing?
Tannenbaum: Eagles signing RB Saquon Barkley to a three-year, $37.7 million contract. Barkley will give Jalen Hurts a much better chance of getting through the season healthy. Over the past three seasons, Hurts has run the ball 491 times, which is the most by any quarterback in that span. Those numbers take a toll, and he didn\'t look the same at the end of last season. With a true elite runner in the backfield, there won\'t be as much pressure on Hurts to run, which will potentially keep him healthy down the stretch.

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Former NHL winger Chris Simon dies at age 52
Former NHL winger Chris Simon dies at age 52
\"Chris Simon was most definitely an intimidating guy on the ice,\" former teammate Mike Commodore posted on social media. \"We spent a lot of time together during Flames \'04 run since we were both living in the hotel. ... He couldn\'t have been nicer to me. RIP Chris. You will be missed.\"

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