Electronic Recycling Turns Old Phones, TVs Into Furniture - Bloomberg

2022-05-27 23:37:32 By : Mr. Ben Peng

Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.

NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." However, just two years ago, NIO was almost bankrupt--a common problem in this nascent sector.

Tons of Aviation Jobs Up for Grabs as Singapore Races to Recruit

Robert Smith’s Vista Equity Snags Early $9 Billion for New Fund

Relativity’s 3D Printed Rocket on Path for Summer Debut Flight

EV Startup Electric Last Mile Warns It May Run Out of Cash in June

Amazon Shareholders Narrowly Approve Pay Plans for Executives

Trump Backs NRA in Gun Rights Pitch After Texas School Shootings

Texas Governor Abbott Says He’s ‘Livid’ About Inaccurate Police Account of Shooting

A $423 Billion Pension Giant Expands Its Growth-Equity Ambitions

Americans’ Savings Rate Drops to Lowest Since 2008 as Inflation Bites

Palm Beach Art Dealer Charged With Selling Fake Basquiat, Warhol

Stephen A. Smith Wants a Podcast — But Maybe Not at ESPN

A Crystal Clear Pool Will Cost a Lot More This Summer

Did US Consumer Spending Just Hit Its Peak?

Conservatives Look a Lot Like Socialists These Days

Fewer Pilots Will Lead to a Summer of Flight Cancellations

It’s Going to Be a Great Summer for Car Rental Companies—But Not for You

Freedom to Travel This Summer Will Come at a Hefty Price

Apple Atlanta Workers Drop Bid for Union Vote Next Week, Claiming Intimidation

Wyoming’s Only Surgical Abortion Clinic Will Open Despite Arson

Lewis Hamilton Jewellery Exemption Extended to End of June

The World Isn’t Spending Enough to Prevent Disasters, UN Says

California, New Zealand Announce Climate Change Partnership

US Baby Formula Shortage Rate Jumps to 70% as Crisis Worsens

Inside the ‘Tight-Knit Community’ of Uvalde, Texas

How New York City Plans to Speed Up its Buses

Crypto Giant FTX Ready With Billions of Dollars for Acquisitions

Terra Stablecoin’s Woes Prompted in Part by Celsius Network Activities, Researcher Says

Bitcoin Breaks From Stocks and Keeps On Falling as Crypto Slides

The office Ignacio Garcia shares with his colleagues is a showcase for his company’s creations—a plaque, one of the tables, even pots for his plants. The objects in the open-plan room are functionally distinct but share a common origin: the trash.

Garcia’s business recovers the components and raw materials from discarded electronic items for resale. It breaks down the plastic and metal bits it can’t sell, transforming them into new products. The Spanish company is called La Hormiga Verde, or “the green ant,” after Garcia’s antlike penchant for gathering and storing things. “I lost my job in 2018 and had to reinvent myself,” says Garcia, 50, an industrial engineer who spent 15 years in the biomass industry. “Looking at my mobile, I realized it was packed with recyclable materials. I saw a business opportunity.”