Nobel Chemistry prize awarded for discovery of quantum dots that bring colour to LED lights | How Panda Express CEO Peggy Cherng Used Her Ph.D. To Get Rich In Fast Food | The College Backlash Is Going Too Far | Why Angela Ahrendts joined Kim Kardashian's SKKY Partners

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� � � � � � Nobel Chemistry prize awarded for discovery of quantum dots that bring colour to LED lights - Reuters    [1/7]Hans Ellegren (centre), Permanent Secretary of the Royal Swedish Academy of Sciences, announces the winners of the 2023 Nobel Prize in Chemistry during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, October 4, 2023. This year's Nobel Prize is awarded in 2023 to... Acquire Licensing Rights もっと読む STOCKHOLM, Oct 4 (Reuters) - Scientists Moungi Bawendi, Louis Brus and Alexei Ekimov won the 2023 Nobel Prize in Chemistry for their discovery of clusters of atoms known as quantum dots, now used to create colour in flat screens, light emitting diode (LED) lamps and devices that help surgeons see blood vessels in tumours. The prize-awarding academy said the scientists had "added colour to nanotechnology" - when matter is used on an atomic or molecular level in manufacturing - and that their findings held great potential in many fields. Continued here � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium How Panda Express CEO Peggy Cherng Used Her Ph.D. To Get Rich In Fast Food - Forbes    The sweltering heat of July in Los Angeles isn’t slowing Peggy Cherng down. The 75-year-old billionaire cofounder of Panda Express is strolling between the sleek research buildings and Japanese Zen gardens that frame the 100-acre City of Hope hospital campus, where she’s funding a $100 million program for blending Eastern and Western medicine practices. “It’s all about how we can bring the best we have as Asian-Americans to the West,” she says. Cherng should know. She emigrated from Hong Kong in the 1960s, got a doctorate in electrical engineering in the 1970s, then promptly quit a promising career developing software to use her STEM skills in an altogether different industry: fast food, creating the perfect mix of Chinese cuisine for American palates. Four decades later, what began as a single restaurant in a Southern California shopping mall has grown into a 2,400-store juggernaut, dishing out more than $5 billion worth of chow mein, Beijing beef and orange chicken every year in food courts, airport terminals and drive-thru windows across the nation. Continued here � � � � � � The College Backlash Is Going Too Far - The Atlantic    Americans are losing their faith in higher education. In a recent Wall Street Journal poll, more than half of respondents said that a bachelor’s degree isn’t worth the cost. Young people were the most skeptical. As a recent New York Times Magazine cover story put it, “For most people, the new economics of higher ed make going to college a risky bet.” The article drew heavily on research from the Federal Reserve Bank of St. Louis, which found that rising student-loan burdens have lowered the value proposition of a four-year degree. American higher education certainly has its problems. But the bad vibes around college threaten to obscure an important economic reality: Most young people are still far better off with a four-year college degree than without one. Historically, analysis of higher education’s value tends to focus on the so-called college wage premium. That premium has always been massive—college graduates earn much more than people without a degree, on average—but it doesn’t take into account the cost of getting a degree. So the St. Louis Fed researchers devised a new metric, the college wealth premium, to try to get a more complete picture. They compared the wealth premium of people born in the 1980s with that enjoyed by earlier cohorts. Because those earlier generations have been alive longer and thus have had more time to build wealth, the researchers projected out the future earnings of the younger cohort. They found that the lifetime wealth premium will be lower for people born in the 1980s than for any previous generation. Continued here � � � � � � Why Angela Ahrendts joined Kim Kardashian's SKKY Partners - Fortune    Angela Ahrendts has had a storied career in business. The former CEO of Burberry made the leap to tech in 2014 when she became Apple’s SVP of retail. In 2019, she stepped down from the tech giant. The jump from luxury to tech was a big one. The executive’s latest move may seem just as surprising. In August, Ahrendts announced her plans to join SKKY Partners, a new private equity firm, as a senior operating adviser. SKKY isn’t a typical firm; it was formed a year ago by Kim Kardashian, the entrepreneur and influencer, and Jay Sammons, a veteran of the private equity industry. SKKY is more than six months into fundraising, targeting a reported $1 billion fund size. It hasn’t closed its first deal yet, although it’s narrowed in on a few options, as a new Fortune profile of Kardashian reports. Ahrendts’s expertise may help the firm make that all-important choice of its first deal.  Continued here

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