Bloomberg BusinessWeek, Mar 16, 2015

choi

(1) Yuriy Humber and Ranjeetha Pakiam, A Palm Oil King Develops a Green Conscience.
www.bloomberg.com/news/articles/ ... ndustry-to-clean-up

My comment:
(a) summary underneath the title in print: A palm oil king is clearing up the industry that made him billionaire
(b) Read only the first half. I am not interested in environmental issues.
(c) "And if one executive embodied this $50 billion business, it was KUOK Khoon Hong 郭孔丰 [1951- ; nephew of Robert Kuok 郭鶴年], a 65-year-old Singaporean commodities magnate. Known as the palm oil king, Kuok is a member of one of Asia’s most powerful business clans and co-founder and chairman of Wilmar International [Ltd 丰益国际, 'the industry’s biggest trading firm': Bloomberg News].

The name sounds like Cantonese.

(d) "Extracted from the orange pulp of a palm fruit, palm oil is the most used edible oil in the world. You use it every time you brush your teeth, wash your hair, eat ice cream, or put on lipstick. As commodities go, it’s cheap, versatile, and plentiful—palm fruit yields more oil than any other agricultural commodity. Cultivation of palm oil ties up more than 42 million acres worldwide, an area four times the size of Switzerland."

(i) palm oil
en.wikipedia.org/wiki/Palm_oil
(primarily [from] the African oil palm Elaeis guineensis [native to west and southwest Africa]; is naturally reddish in color because of a high beta-carotene content; not to be confused with palm kernel oil derived from the kernel of the same fruit)

Chemically palm oil is composed of glycerol and (saturated) palmitic acid (16:0, which means 16 carbons and no double bond) and (monounsaturated) oleic acid (18:1 cis-9, which means a double bond between carbons 9 and 10, in the cis form).
(ii) oleic acid
en.wikipedia.org/wiki/Oleic_acid
(The term "oleic" means related to, or derived from, oil of olive, the oil that is predominantly composed of oleic acid)

(e) photo caption: "The pulp and kernels of inedible palm fruits are separated, then squeezed, for oil."
(f) Yuriy Humber and Ranjeetha Pakiam, Palm Oil King Goes From Forest Foe to Buddy in Deal With Critics. Bloomberg News, Mar 12, 2015
www.bloomberg.com/news/articles/ ... l-foe-to-best-buddy
("Oil palm trees were introduced to Malaysia at the turn of the 20th century by the British, who brought the West African variety to pretty up the gardens of colonial homes. Today, Indonesia and Malaysia dominate supply. It’s a fragmented industry consisting of hundreds of large plantations and thousands of plots tendered to by a single family or community.")

There is no need to read the rest of the Bloomberg News report.

choi

(2) Martin Z Braun, Finding a Chair for the Night--at the Airport.
www.bloomberg.com/news/articles/ ... helter-at-laguardia

Quote:

“While the homeless population is bigger at the Port Authority bus terminal and Pennsylvania Station in Manhattan, a growing number are finding shelter at New York’s airports * * * Volunteers of America * * * counted a monthly average of 45 chronic homeless people at LaGuardia in 2014 * * * JFK’s chronic homeless increased to an average of 33 per month

"Every night, more than 60,000 people—almost 26,000 of them children—sleep in shelters, an increase of about 20,000 in three years, according to the Coalition for the Homeless, a New York-based advocacy group. City officials estimate that an additional 3,357 homeless people were living on streets, in parks, and in other public places in 2014, an increase of 6 percent over the previous year.

Note: summary underneath the title in print: LaGuadia and JFK see an uptick in transients