Why Are Gender Wage Gaps Still a Reality?

Why Are Gender Wage Gaps Still a Reality?

In most recent years, women all over the world have protested against wage inequality.

According to the OECD, the United States sits at the fifth place as the nation with one of the widest pay gaps (18.1%), as reported by "Forbes."

In a revelating report, Gecko Hospitality shed light on the undeniable pay gap that still exists in America’s hospitality industry, specifically.

The 2017 Hospitality Management and Restaurant Salary Survey Report was released last week and it detailed the salary for hospitality workers in 10 different categories. Out of those 10, only one demonstrated that women earned a higher salary than their male counterparts.

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How Technology Has the Potential to Improve Our Food Systems

How Technology Has the Potential to Improve Our Food Systems

Advancements in technology can facilitate a major change to the way our food system functions, ultimately improving the way food is produced and consumed.

Our current food system “is failing to provide adequate nutrition to nearly half the world’s population,” according to “World Economic Forum.”

Last month, this organization launched a report detailing how food system innovation is set to revolutionize the food industry.

Twelve emerging technology innovations were featured. These would affect positively the areas of sustainability, inclusivity, efficiency, and health impacts of food systems.

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Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

Meat Giant Tyson Foods Invests In Startup Growing Meat From Animal Cells

When a meat giant like Tyson Foods invests in a lab-grown startup like Memphis Meats, people pay attention.

Tyson Ventures announced earlier this week that it has secured a minority investment in the startup that is growing meat out of animal cells.

This is not the first time Memphis Meats makes headlines, though. The startup also has high-profile investors like Bill Gates and Richard Branson.

Memphis Meats’ mission is “to change the way meat gets to your plate,” with the goal to produce authentic meat without having to feed, breed and kill real animals. They aim to achieve this by developing a way to produce real meat in a lab from animal cells.

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A Hospitality Professional's Thoughts On Why Independent Restaurants Are Shutting Down

A Hospitality Professional's Thoughts On Why Independent Restaurants Are Shutting Down

The business model for independent restaurants is under threat.

At least, that’s what Andrew Rigie, executive director of the NYC Hospitality Alliance, believes.

“Successful restaurateurs are just as laser-focused on their restaurant’s financial model as they are on the food,” says Rigie, in his latest op-ed for Forbes.

Rising labor and rental cost are leaving a very thin profit margin for restauranteurs in an already slim-margin industry. Because of these factors, “...it is easy for a busy restaurant’s margin to dwindle to 5 [percent], or less,” says Rigie. Not to mention when a restaurant gets hit with unexpected costs.

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This Food Supply Blockchain Between IBM, Nestlé and Walmart Aims To Improve Food Safety

This Food Supply Blockchain Between IBM, Nestlé and Walmart Aims To Improve Food Safety

Global food safety is a major concern in the world.

Retailers and food companies, like Nestlé and Walmart, have announced a blockchain collaboration with International Business Machines Corp. (IBM), one of the largest information technology companies in the world, to help address concerns and help “strengthen consumer confidence” in the foods purchased.

IBM is tasked with identifying the “most urgent areas” across the global supply chain that would benefit from the blockchain, as reported by “Forbes.” “Many of the critical issues impacting food safety such as contamination, food-borne illness, waste and the economic burden of recalls rest though on a lack of access to information and traceability.”

The blockchain will fill in the gap that currently exists since the supply chain is currently not being overseen and it is hard to trace problems to the actual source.

Data will help identify the source through this proposed blockchain.

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