New report estimates school closures’ long-term impact on the U.S. economy at more than $14 trillion

The data shows the number of countries with school closures because of the pandemic between February and the end of June. (Organization for Economic Cooperation and Development)

This year’s school closures won’t just result in the loss of students’ academic skills; it could negatively impact the economy for the rest of the 21st century, new research predicts.

In the U.S., for example, the closures could ultimately amount to a loss of almost $14.2 trillion over the next 80 years, according to the study, released by the Organization for Economic Cooperation and Development, an international group with 37 member countries that promotes economic growth policies. Another three months of learning losses could stretch that figure to almost $28 trillion.

The authors suggest, however, that schools could recoup some of those losses by “individualizing the instruction,” in which students work at their own speed to master academic goals.

“Unless schools get

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EcoVadis’ New Carbon Action Module Will Tackle Climate Change and Drive Significant, Long-term Emissions Reductions

PARIS and NEW YORK, Sept. 22, 2020 /PRNewswire/ — EcoVadis, the world’s most trusted provider of business sustainability ratings, is launching a first-of-its-kind Carbon Action Module that’s designed to reduce emissions across the supply chain and enable organizations to step up their fight against climate change. The solution will be revealed during Climate Week NYC 2020.

A recent EcoVadis analysis of 40,000 global organizations revealed a massive shortfall in supplier carbon reporting and action. The research found that the majority of corporations today only address their direct and indirect emissions, while neglecting those that occur in the value chain. This represents an alarming and severe gap as value chain emissions, upstream and downstream, account for more than 70% of total emissions for manufacturers (IOP Science) and up to 80% for consumer-goods organizations (McKinsey).

“The climate crisis demands that we take urgent action to combat the impact of carbon

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Kaskela Law LLC Announces Investigation of Microchip Technology Inc. (MCHP) and Encourages Long-Term Investors to Contact the Firm

Classified in: Science and technology, Business
Subject: ATY

PHILADELPHIA, Sept. 5, 2020 /PRNewswire/ — Kaskela Law LLC announces that it is investigating Microchip Technology Inc. (“Microchip Technology” or the “Company”) (Nasdaq: MCHP) on behalf of the Company’s stockholders.

Recently a shareholder class action complaint was filed in federal court on behalf of investors who purchased shares of the Company’s stock between March 2, 2018 and August 9, 2018.  Among other things, the complaint alleges that Microchip Technology and certain executive officers violated the federal securities laws by making a series of materially false and misleading statements to investors about Microchip Technology’s May 2018 acquisition of Microsemi Corporation.

The firm’s investigation seeks to determine whether members of Microchip Technology’s board of directors breached their fiduciary duties in connection with this alleged misconduct. 

Current Microchip Technology stockholders who purchased or acquired shares of the Company’s stock prior to March 1,

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