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Fighting COVID ‘easy’ compared to climate crisis

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Fighting COVID 'easy' compared to climate crisis

Pandemic, schmandemic.

Microsoft co-founder Bill Gates thinks ending the coronavirus crisis will be a piece of cake compared to combating climate change.

In an interview with the BBC, the billionaire tech tycoon and philanthropist said the climate crisis will eventually cause “far more deaths” than COVID-19, which he thinks will be beaten back by the vaccines that are being rolled out around the world.

“The pandemic will come to an end because these amazing vaccines were invented in a year and now we’re trying to scale them up and adopt them to the variants,” Gates told the network. “But compared to climate change, that’s very, very easy.”

Gates — the world’s third-richest person with a fortune of $137 billion, according to Bloomberg — made the remark while promoting his new book, “How to Avoid a Climate Disaster,” which was released Tuesday.

He reportedly claimed in the book that he’s put more than $1 billion into efforts to achieve net zero carbon emissions, the goal of offsetting any carbon that’s pumped into the air by absorbing an equivalent amount from the atmosphere.

The Bill & Melinda Gates Foundation has also pledged more than $200 million to efforts to develop and distribute tests, treatments and vaccines for COVID-19, which has killed more than 2.4 million people around the world.

Gates said achieving net zero emissions would be “the most amazing thing humanity has ever done” if it’s accomplished — but getting there is a monumental task that “requires innovation across the entire physical economy.”

He said governments need to subsidize the development of environmentally friendly technologies even though they can be expensive and risky. “We need to have price signals to tell the private sector that we want green products,” he said.

“I’m hopeful because young people care about natural ecosystems, they care about people’s livelihoods,” Gates told the BBC. “But it’s not going to be easy and my optimism requires every year that this be a huge priority, and that with the innovations we get a bit lucky and some of them really do solve the hard areas.”

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Alexandra Ford English becomes 1st female board member at Ford

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Alexandra Ford English becomes 1st female board member at Ford

Henry Ford’s great-great-granddaughter has become the first woman in history to take a seat on the company’s board of directors.

Alexandra Ford English, 33, who has an MBA from Harvard and an undergraduate degree from Stanford, will begin her tenure on the 14-member board immediately, which will also include her cousin, Henry Ford III, the founder’s great-great-grandson, according to a report.

English, the daughter of the company’s executive chairman Bill Ford, joined the 118-year-old company in 2017 and works as director of corporate strategy.

Both Ford and English were elected to the board in March.

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AMC cashes in on Reddit-trading frenzy with $428 million share sale

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AMC cashes in on Reddit-trading frenzy with $428 million share sale

Cinema operator AMC Entertainment Holdings has raised about $428 million from a share sale, capitalizing on the retail-trading driven surge in its stock earlier this year.

The world’s largest cinema chain operator’s shares have gained more than five-folds in 2021 thanks to interest from amateur traders on Reddit that were piling into heavily shorted stocks such as GameStop and AMC to punish hedge funds that bet against them.

AMC said in a statement Thursday it had sold 43 million shares at an average price of $9.94 apiece in the at-the-market offering, sending its stock nearly 16 percent higher.

The company has raised funds in the past few months to ride out a downturn in its business wrought by pandemic-driven theater closures, delays in the launch of big movies and the growth of video streaming platforms.

It said in January it had raised $917 million since mid-December through equity and debt issues. It raised an additional $304.8 million in the same month through a share sale.

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Amazon Fresh grocery store to replace Fairway in Paramus

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Amazon Fresh grocery store to replace Fairway in Paramus

The Paramus Fairway’s getting a fresh start.

An Amazon Fresh supermarket is set to replace the shuttered Fairway Market in Paramus, N.J.

The Jeff Bezos-owned e-commerce giant bought the former Fairway location out of bankruptcy auction along with another former Fairway store in Woodland Park for a total of $1.5 million last March, The Post previously reported. 

Amazon’s plans for the two locations were listed as confidential at the time, but came as the Seattle-based company, which also owns Whole Foods, was beginning to expand in the groceries space. 

But Amazon confirmed in November the former Woodland Park Fairway would be converted into an Amazon Fresh. And now, the Paramus location will go the same route, an Amazon spokesperson confirmed to NorthJersey.com. 

It’s not clear when opening day will be, and the company did not return The Post’s request for comment. 

Amazon opened its first Fresh store in Los Angeles’ Woodland Hills neighborhood in September. It’s since opened 11 other locations elsewhere in California and in Illinois, according to the tech giant’s website. 

Amazon Fresh is the company’s attempt to offer a mix of in-store and online grocery shopping while attracting a distinct demographic from Whole Foods by offering lower prices. Fresh stores also tend to feature more national staple brands like Coca-Cola and Kellogg’s than Whole Foods, which emphasizes organic food. 

As The Post previously reported, Amazon may be looking to scoop up some more Fairway locations to expand Amazon Fresh’s footprint in the Northeast. Only seven of Fairway’s 14 stores were sold at last year’s bankruptcy auction, including the two that went to Amazon. Village Supermarket, which operates Shoprite stores, acquired at least four of those locations as well as rights to the Fairway brand. 

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