The bottom line
■■ The World Health Organization reported that 745,000 people died in 2016 from stroke and heart disease caused by working long hours. The research found that working 55 hours or more a week was associated with a 35 percent higher risk of stroke and a 17 percent higher risk of dying from heart disease.
BBC.com
■■ Five high-profile electricvehicle startups that went public through mergers with special-purpose acquisition companies (SPACs) have lost $40 billion in value. At their peaks, Nikola, Fisker, Lordstown, Canoo, and Arrival were worth a combined $60 billion.
Bloomberg.com
■■ Twenty companies were responsible for producing 55 percent of the 130 million tons of single-use plastic waste in the world in 2019. ExxonMobil led all global plastic-waste polluters with 5.9 million tons; Dow Chemical (5.5 million) and China’s Sinopec (5.3 million) were just behind.
TheGuardian.com
■■ Digital currency scammers impersonating Elon Musk have stolen more than $2 million in the past six months alone, according to regulators. Scammers seeking Bitcoin often claim that celebrities will match any money they are sent.
Insider.com
■■ Macy’s said its first-quarter sales jumped 56 percent from last year, when the start of the pandemic crushed retailers.
The New York Times
■■ Bank of America said it would raise its lowest wage to $26 an hour by 2025. The bank brought its minimum pay to $15 an hour in 2017, then to $20 an hour in 2020. McDonald’s also said it is raising hourly pay, by an average of 10 percent.
Yahoo.com