Business

U.S. vs. China: Whose income inequality is worse?

Income inequality has become a hallmark of the modern economic era, and it’s not only U.S. citizens who are experiencing the trend.

Widening inequality has been called “one of the key challenges of our time” by

No place like home: America’s eviction epidemic

Even in the most desolate areas of American cities, evictions used to be rare enough to draw crowds. Eviction riots erupted during the Depression, even though the number of poor families who faced

There Are More Girls Living in Poverty Today Than in 2007

There are more girls in the U.S. living in poverty and low-income households now than were ten years ago, according to a new report released exclusively to Motto by

Facebook, Google, other ‘superstar’ firms blamed for increasing income inequality

Google and Facebook are among the “superstar” firms that some economists believe are driving a significant decline in U.S. workers’ income.

Income for laborers in the U.S. has been on

Employee Ownership

Tanimura & Antle Launches Employee Stock Ownership Plan

As we move through a constantly changing industry landscape, Tanimura & Antle has announced an evolution in the company's ownership with the launch of an Employee Stock Ownership Plan (ESOP). Under this new plan, employees

Employee ownership may help businesses stay open as Boomers retire

Working at a pizza shop isn’t usually a career move. But for several workers at a San Jose pizzeria, what started as a temporary gig, a first-time job or a side-hustle might soon turn into

Employee-Owned Switchback Looks to the Future

On a call with Seven Days in late November 2015, Switchback Brewing cofounder and president Bill Cherry reflected on the success of his flagship amber ale. He had formulated the beer and supervised its production

Riverford Farm set to be owned by employees

Riverford Farm entrepreneur Guy Watson is set to take his business into employee ownership.The businessman – who employs more than 500 staff at the farm near Staverton in South Devon and at sister sites in

Environment

Why Wind Turbines Should Talk to Each Other

A wind turbine spinning its blades in a valley in southeast India asks a turbine on a plain in Iowa if it should slow down or speed up its rotation. Sound like the stuff of

Bee Decline Threatens U.S. Crop Production

The first-ever study to map U.S. wild bees suggests they are disappearing in the country’s most important farmlands — from California’s Central Valley to the Midwest’s corn belt and the Mississippi River valley. If wild

Sunlight or bacteria? Scientists investigate what breaks down permafrost carbon

A Florida State University researcher is delving into the complexities of exactly how permafrost thawing in the Earth’s most northern regions is cycling back into the atmosphere as carbon dioxide and further fueling climate change.

Current climate change models understate the problem, scientists argue

An international team of distinguished scientists, including five members of the National Academies, argues that there are critical components missing from current climate models that inform environmental, climate, and economic policies. The article, published in

Poverty and Prosperity

Why do the poor make such poor decisions?

Our efforts to combat poverty are often based on a misconception: that the poor must pull themselves up out of the mire. But a revolutionary new theory looks at the cognitive effects of living in

America’s Youngest Children Most Likely to Live in Poor Economic Conditions

Out of all age groups, children are still most likely to live in poverty, according to new research from the National Center for Children in Poverty (NCCP) at Columbia University's Mailman School of Public Health.

Obsession with ending poverty is where development is going wrong

How can we alleviate extreme poverty? It’s the question that underpins the UN sustainable development goals (SDGs), and almost all development projects. Because poverty almost always shows itself as a lack of resources in poor

Can we end poverty by 2030?

Is it possible to end extreme poverty? And by 2030? That’s the aim of the first of the 17 UN Sustainable Development Goals (SDGs). These were adopted by all nations and have begun to drive

Health

Food additive found in candy, chewing gum could alter digestive cell structure and function

The ability of small intestine cells to absorb nutrients and act as a barrier to pathogens is “significantly decreased” after chronic exposure to nanoparticles of titanium dioxide, a common food additive found in everything from

Scientifically-designed fasting diet lowers risks for major diseases

What if you could lose weight and reduce your risk of life-threatening disease without any changes in what you eat — other than a five-day special diet once every few months? That’s what happened for

Novel technique tracks more web users across browsers

For good or ill, what users do on the web is tracked. Banks track users as an authentication technique, to offer their customers enhanced security protection. Retailers track customers and potential customers in order to

Cardiovascular disease costs will exceed $1 Trillion by 2035

A new study projects that by 2035, cardiovascular disease, the most costly and prevalent killer, if left unchecked, will place a crushing economic and health burden on the nation’s financial and health care systems. The

Impact Investing

The eight semi-finalists for the $100 million MacArthur grant to solve the world’s biggest social problems

Meet the eight finalists for a $100 million grant to solve the world’s biggest social problems. The MacArthur Foundation, known for awarding the prestigious “genius” grants to people who have distinguished themselves in the arts

What does the sustainable business of the future look like?

The 2017 Global Opportunity report released earlier this week by DNV GL, Sustainia and the United Nations Global Compact (UNGC). The report ranks 15 global sustainability opportunities for firms based upon responses from 5,500 leaders

Will Equity Crowdfunding Accelerate Impact Investing in 2017?

This past May, a new law allowing equity crowdfunding opened a new world of possibilities for social entrepreneurs around the country.  The Securities & Exchange Commission (SEC) approved Title III, the final part of the

Corporate Venturing for Social Impact in the Caribbean

Ask the average person on the street what comes to mind when they think of Jamaica, and the answer likely revolves around sun, rum, and music. But the Foromic conference in Montego Bay spotlighted the

Financial Wellness (also available on sister website PFEEF.org)

When it Comes to Financial Literacy, Fintech Is Dropping the Ball

Americans face serious challenges because we’re doing a terrible job of managing our money, personally and as a nation. Our booming fintech industry should be part of the solution but appears to be part of

For Many Americans, a Tax Refund Is a Useful Financial Planning Tool

It’s tax time, and for more than two-thirds of Americans, their tax refund is the single largest payment they’ll receive all year. Last year, approximately 80 percent of all tax returns resulted in the issuance

Understanding the student debt situation

Student debt is generally a good type of debt. But understanding the details really matters. According to Time, total student debt in the U.S. exceeded credit card debt in 2010. It grew larger than car

Study: Mobile-money services lift Kenyans out of poverty

Since 2008, MIT economist Tavneet Suri has studied the financial and social impacts of Kenyan mobile-money services, which allow users to store and exchange monetary values via mobile phone. Her work has shown that these

Current News Feeds

  • Wal-Mart's quarterly comparable sales beat estimates February 21, 2017
    CHICAGO (Reuters) - Wal-Mart Stores Inc on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to stores and accelerating online activity, and the world's largest retailer's shares rose more than 3 percent.
  • HSBC share run stumbles on writedowns, tough outlook February 21, 2017
    HONG KONG/LONDON (Reuters) - HSBC's full-year profit slumped 62 percent and fell far short of forecasts on Tuesday as the bank took hefty writedowns from restructuring and flagged near-term brakes on revenue growth.
  • Burger King and Tim Hortons owner to buy Popeyes for $1.8 billion February 21, 2017
    (Reuters) - Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for $1.8 billion in cash.
  • PSA says will honor existing Opel job guarantees February 21, 2017
    FRANKFURT/PARIS (Reuters) - PSA Group has pledged to respect existing Opel and Vauxhall job guarantees if it buys the European arm of General Motors , though some analysts say thousands of jobs are eventually likely to go for the deal to work.
  • Verizon, Yahoo agree to lowered $4.48 billion deal February 21, 2017
    (Reuters) - Verizon Communications Inc , the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price.