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Business

Corporate sustainability must give way to corporate responsibility

Today we consume more than twice as much as our relatives did only 50 years ago. In the US, this means generating upwards of 500 billion pounds of garbage every year that’s trucked to one of our

Newest outpost for US crude exports: India

New Delhi/New York/Singapore: India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up “test” purchases of U.S. grades to diversify their

Three Ways To Overcome Financial Distress While Improving Employee Trust

Business is hard. You win a big account but don’t have the team to service it. You lose a big account and think about how to trim the fat. Your concept gets funded, but you

Employee Ownership

Tax Reform: How to Help Middle Class

The Trump administration’s tax proposal reduces tax rates for corporations and for high-income individuals, but does not do much to increase the wealth of the middle class. The only way it could do that is

Employee owned local company honored for long-term contributions to manufacturing

Mike Rowe once said, “The world is full of very happy septic-tank cleaners and miserable investment bankers.” Rowe, former host of “Dirty Jobs” and advocate for skilled labor, would be impressed with the team at

Gordon Food Service buys East Coast competitor

Gordon Food Service has acquired Ettline Foods Corporation, a regional food distributor headquartered in York, Pennsylvania. Ettline is a 125-year-old employee-owned food supplier serving the Mid-Atlantic region. The terms of the deal weren't released in

Environment

All hype on energy

Reform, reform and more reform. That was the message of the first ever CERAWeek, India Energy Forum held in New Delhi last week. Curated by the renowned energy scholar and Pulitzer winning writer, Daniel Yergin,

Geologic evidence is the forerunner of ominous prospects for a warming earth

While strong seasonal hurricanes have devastated many of the Caribbean and Bahamian islands this year, geologic studies on several of these islands illustrate that more extreme conditions existed in the past. A new analysis published

Researchers make headway in desalination technology

The need for practical desalinization technology is rising in the context of global climate change. Coastal regions, where the rise of seawater could encroach upon and contaminate groundwater aquifers, present just one area of concern.

Poverty and Prosperity

Banking Against Urban Poverty: Inside JPMorgan Chase Philanthropy

The once sleepy world of corporate philanthropy has been perking up lately. An older model of giving—which often involved cutting lots of checks to local charities without asking many questions—is giving way to a more

Income inequality has been growing for decades and Americans are taking note

While income inequality is largely unavoidable, the magnitude of inequality in the US today is staggering. For context, CEO compensation in the 1960s was around 20 times more than the average American worker. Using the same

To fix income inequality, we need more than UBI—we need Universal Basic Assets

”Open a newspaper—or, more likely, click on a Facebook article on your phone—and there will be a story telling you that income inequality is at the root of America’s problems: 0.1% of the US population is

Health

More generic drugs were approved by the US FDA in FY 2017 than ever before.

By the end of the 2017 fiscal year in September, the US Food and Drug Administration had approved 763 new generic versions of drugs—112 more than it had in 2016, almost twice as many as

Major US doctors group opposes physician-assisted suicide

The American College of Physicians, the second-largest physician group in the United States with 152,000 members, has declared that physician-assisted suicide is unethical. The ACP takes a forthright stand with supporting appendicies covering most of

Making Healthier Decisions, Step by Step

Nobody wakes up expecting they’ll make unhealthy choices, but the daily grind can compromise our otherwise healthy intentions: fast food instead of a home-cooked meal because we’re exhausted; driving instead of walking to the grocery

Impact Investing

Want to make money and be socially responsible? Try an ethical fund

THE MAJORITY of Scottish investors want to back companies that make a positive contribution to society and the environment, as well as making money, yet most have never been offered ethical or sustainable investments, with

Are there more ways to invest ethically?

If the volume of press releases from fund groups and asset managers is any indication then it seems as though there are now more ways to invest ethically responsibly and sustainably than ever before. Whether

Working together on impact investing

Impact investments generate a financial return but also have a positive social or environmental impact. For many LGPS funds, discussion around impact investment is part of their wider ESG journey and larger schemes are already

Financial Wellness (also on sister website PFEEF.org)

Want More Productive Employees? Provide Financial Literacy Education

Could the key to improving employee productivity lie in providing the right kind of financial literacy education within your workplace? Studies and recent human resources trends suggest there is a compelling business case for providing

Money Makes the World Go ‘Round: Are You Ready?

An October 5, 2017 headline from the business section of the New York Times gave Ajeya Shiva reason to celebrate: Payday Lending Faces Tough New Restrictions By Consumer Agency. Shiva, a senior at the Bronx High School of

The Single Biggest Impediment to 401k Financial Success?

Have you ever thought about the single, biggest obstacle to the success of plan participants in meeting their financial and retirement goals? The best strategies take advantage of opportunities while overcoming obstacles.  You can have

Popular Posts

Oxford Conference on Business and Poverty

Welcome to the second annual Oxford Business Fights Poverty Conference. As you view this summary of the conference you will read from a series of topics like Responsible Leadership, Honoring Entrepreneurs, Employee Ownership, Mentoring, Crowdsourcing & Addressing Poverty. Please

How The Rich View The Poor

More than four years have passed since the Occupy Wall Street movement divided the country into percentages, calling the 99 percent out against the 1 percent. A voice was raised from Zucotti Park in New York City demanding reform

“Ten Commandments” of Personal Finance

I was recently speaking with someone about the personal financial challenges that I have observed over time. Toward the end of our conversation the person I was speaking with stated that, “It would likely be

Current News Feeds

  • California judge tosses $417 million talc cancer verdict against Johnson & Johnson October 21, 2017
    (Reuters) - A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene.
  • Critics urge WHO to reverse choice of Mugabe as goodwill envoy October 21, 2017
    GENEVA/LONDON (Reuters) - The World Health Organization (WHO) should overturn its decision to appoint Zimbabwean President Robert Mugabe as a goodwill ambassador, global health leaders said on Saturday, describing the move as unjustifiable and wrong.
  • Peru Congress passes bill to legalize medical marijuana October 21, 2017
    LIMA (Reuters) - Peru's conservative Congress passed a bill to legalize medical marijuana late on Thursday with a 68-5 vote in favor of allowing cannabis oil to be produced, imported and commercialized.
  • GlaxoSmithKline adult shingles vaccine wins U.S. approval October 20, 2017
    (Reuters) - The U.S. Food and Drug Administration approved GlaxoSmithKline's Shingrix shingles vaccine for use in adults aged 50 and over, a move widely expected after an advisory panel to the agency last month voted unanimously to recommend its approval, the company announced on Friday.
  • DBV Technologies peanut allergy drug fails key study October 20, 2017
    (Reuters) - DBV Technologies SA said on Friday its peanut allergy treatment did not meet the main goal in a highly anticipated late-stage study, sending its U.S.-listed shares sharply down.