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
- Missing hikers found dead, locked in an embrace, at Joshua Tree National Park October 21, 2017California couple Rachel Nguyen and Joseph Orbeso went missing three months ago in Joshua Tree National Park. Searchers found them shot dead this week, locked in an embrace, officials say.
- Trump family breaks with presidential pet tradition October 21, 2017He campaigned and won vowing to shake up Washington. Now, President Donald Trump is again breaking with tradition on a more personal matter: keeping a pet at the White House.
- Steve Bannon delivers blistering attack on former President George W. Bush October 21, 2017Trump's former chief strategist questioned the former President's intelligence during a speech at the California GOP Convention Friday night.
- Catalonia crisis: Rajoy urges removal of region's leaders, new elections October 21, 2017Spanish Prime Minister Mariano Rajoy said Saturday that his government was seeking to remove Catalonia's leaders and call new elections as soon as possible.
- At least 15 killed in Kabul suicide attack October 21, 2017At least 15 people died in a suicide bombing Saturday in Kabul, the latest in a string of attacks this week across war-weary Afghanistan.
- Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media October 21, 2017TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.
- 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.
- China says will guide private capital into higher growth areas October 21, 2017BEIJING (Reuters) - China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday.
- Recent hurricanes take toll on quarterly earnings October 21, 2017SAN FRANCISCO (Reuters) - After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.
- U.S. tax plan hopes lift stocks, dollar strengthens October 21, 2017NEW YORK (Reuters) - World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.
- New employee perk: $100 a month for your student loans October 19, 2017Read full story for latest details.
- 401(k) contribution limit will rise to $18,500 next year October 19, 2017You'll be allowed to contribute up to $500 more to your 401(k) next year. The IRA contribution limit will remain at $5,500.
- Should you share your salary? October 19, 2017It used to be no one talked about their salary. But now Millennials are increasingly opening up about their paychecks, and that can be beneficial for everyone.
- When does it make financial sense to get a graduate degree? October 19, 2017Another degree can open doors to new opportunities, but it can also require a serious financial commitment that might not always be worth the cost.
- What is coinsurance? And other health insurance mysteries explained October 19, 2017Confused between a deductible, co-payment, coinsurance? Navigating the health insurance world is tough, but here's your cheat sheet.
- 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, 2017GENEVA/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, 2017LIMA (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.