Ilena @ilenapeng
agriculture reporter @business, covering ☕🍫🍊 etc | alum @columbiajourn @smpagwu bloomberg.com/authors/AVmRkD… New York, NY Joined November 2016-
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CHART OF THE DAY: Cocoa prices are melting down. New York and London cocoa futures are down ~15% today (that's, by far, the largest one-day % drop in data going back nearly 65 years). #cocoa #chocflation
CHART OF THE DAY: Cocoa prices are melting down. New York and London cocoa futures are down ~15% today (that's, by far, the largest one-day % drop in data going back nearly 65 years). #cocoa #chocflation https://t.co/a3BxC9XjCw
I am so excited to announce the launch of my NEW COLUMN! The first installment of Extra Salt is about how Big Food is dealing with the “ultraprocessed foods” label: shrugging it off, saying the processing is actually good, and, of course, selling more. bloomberg.com/news/articles/…
Should you be worried about the spread of bird flu among 🐄dairy cows🐄? More in the Prognosis newsletter: bloomberg.com/news/newslette… via @business
Cocoa shortages, high prices. @ilenapeng explains why the world of chocolate is in crisis trib.al/7HIkURk
I'm not sure everyone outside the world of commodities truly understands how f*cked the global cocoa market is, to use the official business term. This great piece of reporting lays it all out: bloomberg.com/news/articles/…
All eyes are on 1Q #cocoa processing figures coming on Thursday. So-called grinds — the amount of beans being turned into key #chocolate ingredients — are expected to keep falling amid supply shortages. bloomberg.com/news/articles/… via @BNCommodities with @MumbiGitau & @dayannesousa
Away from the Middle East crisis, cocoa prices keep climbing with the most active contract in New York surging today to a fresh all-time high of ~$10,700 a metric ton. Over the last year, cocoa prices are up ~270% | #cocoa #chocflation
Iconic chocolate makers in Germany and Switzerland feel the cocoa crunch as a global bean shortage upends supply chains and jolts costs trib.al/O23i2hy
What's in your scented shampoo? It's not very clear at all -- with @dani_lsc and @madcampb, we took a look at fragrance ingredients in your daily cosmetic products (also i taught myself Blender for this so pls read): bloomberg.com/graphics/2024-…
Scoop: Adobe's been keeping a little secret about its AI. Its Firefly model was branded as more ethical than rivals like Midjourney. But it was actually trained on images from them. With @rachelmetz bloomberg.com/news/articles/…
More than two-thirds of American adults said they drank coffee in the past day, the highest level in more than 20 years, according to the National Coffee Association. bloomberg.com/news/articles/… via @business @ilenapeng
Ghana Seeks to Delay #Cocoa Deliveries Due to Lack of Beans w/ @MumbiGitau and Ekow Dontoh bloomberg.com/news/articles/…
Famed Oil Trader Andurand Bet on #Cocoa Just Before Price Surge w/ @nishantkumar07 bloomberg.com/news/articles/…
Foundering: The John McAfee Story has been nominated for a Webby! I'd so appreciate your support and vote! lnkd.in/ggtJAUz2
How did the price of cocoa beans suddenly skyrocket to twice the previous record and what does it mean for chocolate lovers? trib.al/TbG8NT6
Your chocolate Easter bunny will not only cost more this year because of rising cocoa prices. Shrinkflation means it's likely to be smaller too bloomberg.com/news/articles/… via @ilenapeng
The global cocoa market is buckling under the strain of unprecedented shortages bloomberg.com/news/articles/… via @isiscarol14 @dayannesousa @ilenapeng
Biden’s #Biofuel Push Risks Dethroning #Corn as King of US Crops w/ @gersonjr bloomberg.com/news/articles/…
Omar S. Rashad عمر @omarsrashad
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mass graves with over 400 bodies were recently uncovered at two Gaza hospitals after israeli military withdrew from them. the UN is calling for an investigation. @cow_portal and i used @planet satellite imagery to look closer at these grave sites. 🎁🔗: bloomberg.com/graphics/2024-…
“It doesn’t really get more discretionary than a $2,000 espresso maker." bloomberg.com/news/articles/…
The Israeli invasion of Gaza has led to more than 1 million displaced Palestinians sheltering in Rafah. Using satellite analysis to identify damaged buildings and refugee tents, here is what the Rafah region now looks like. 🟨 Tents 🟧 Damaged buildings
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Industries like finance, tech and media—once the shining stars of the pandemic—are now a pocket a weakness in the still-strong US labor market Hundreds of white-collar positions have vanished across the US, @SkylarWoodhouse, @PaulinaCachero write for @BW: bloomberg.com/news/articles/…
Today I had a blast filling in as a White House press pool reporter for the first time! While I checked presidential motorcade ride off my bucket list, my first @BGOV story published. Read about the USDA’s work to make school-provided meals healthier: news.bgov.com/bloomberg-gove…
I'm so honored to be a Livingston finalist for my reporting on how human smuggling networks recruit vulnerable US citizens to transport migrants on the last leg of their journeys. I'm grateful to @business @BW for their support of ambitious work like this! wallacehouse.umich.edu/livingston-awa…
Novo is discontinuing an insulin after cutting its price, highlighting a key gap in policy efforts: Even if officials get pharma to lower prices, companies can choose to just pull the drug, without guaranteeing someone else continues to make the compound statnews.com/2024/04/24/nov…
love the birds-eye-view photography in this piece showing a) the dumb and upsetting amount of single-use plastic generated from takeout and b) what's about to change
Plastic! Unfantastic. Hong Kong’s new ban on single-use plastics - a complete visual guide by @KalizLee and @dapihes via @SCMPgraphics bit.ly/hk-plastic-ban #HongKong #plastic #ban #dataviz #infographic
The Tortured Journalists Department: -Election Night -My Editor Only Cuts His Favorite Lines -Who’s Afraid of My Little Old FOIA request? -I Can Do It With a Broken Dataset -I Can Make This Deadline (No Really I Can) -I Hate It Here -I Look in Public Records -The Google Doc
I'm enchanted to share some great news. I've written a new book called "Heartbreak Is The National Anthem: How Taylor Swift Reinvented Pop Music." It's coming November 12 from @deystreet. Hope you enjoy reading and happy Tortured Poets Eve. Long live. bio.to/HeartbreakIsTh…
Going live with the second session of Practical AI for Investigative Journalism at 10am ET! This time we'll be turning lumps of texts like letters, comments, and news articles into spreadsheet-friendly data. It's your second-best alternative to #ijf24! youtube.com/@jsoma/live
🚨 Bloomberg has lifted the paywall on my sextortion story. Allowing it to become a PSA for all teens, parents, teachers, police 🙌🏻🙌🏻 Readers asked; @business answered. bloomberg.com/features/2024-…
SCOOP --> HHS quietly removed Login from grantee payment platform after hackers stole millions from multiple grant recipient orgs last year. The thieves used SAM data to change banking info, impacting seven orgs. New details on incident w/ @AlmsNatalie ⬇️ nextgov.com/cybersecurity/…
Leaders of a proposed carbon-capture #pipeline in the US Midwest say it will boost demand for #corn and create thousands of jobs. So why are some farmers so opposed? bloomberg.com/news/articles/… via @KimChipman1 @climate
Career news: After a few great years at Bloomberg, I’m starting at @modernretail today, where I’ll be covering how e-commerce companies from Amazon to Shopify are shaping the retail industry. Excited to be back on the retail beat! Say hi, send tips: allison@modernretail.co