Home 2018-01-15T10:41:22+00:00

Business – Social Enterprise

More and More CEOs Are Taking Their Social Responsibility Seriously

Jana Partners, the activist hedge fund, isn’t known as a tree-hugging hippie sort of firm. Yet, last month it joined with the California State Teachers’ Retirement System to send a letter to Apple’s board

New law to be tough on use of ‘social enterprise’

Business and individuals have been warned not to use the designation “social enterprise” to advertise their businesses under a proposed legislation.

If they used the words without official approval, they could be fined Bt2,000 a day

Predictions for 2018: Social Enterprise

It was just over 12 months ago that I predicted social enterprise in Australia was on the rise, well on the way to being seen as part of the mainstream.

My prediction for 2018 is that

Employee Ownership

More employee ownership is needed

The purpose of a standard corporation is to make money, not to consider humanity, ecology or even fairness. Corporations that dare place any value above profit may even be subject to legal recourse. Many people

Paytm Capitalized At $10 Billion As Staff Trade Sakes Worth $50 Million

Paytm is now capitalized at $10 Billion making it the 2nd most expensive internet company in India post Flipkart. The latest valuation of the company comes after 200 workers of the Noida-located company traded shares

Standard Golf Company completes sale to Employee Stock Ownership Plan

Standard Golf Company has announced the successful transfer of a 100 percent ownership of the company to its employees via an Employee Stock Ownership Plan effective Jan. 3, 2018. When Standard Golf Company President, Peter Voorhees,

Environment

Survey says: the American public is souring on coal

The US coal industry is in terminal decline. Though it is flailing about desperately for subsidies, tax breaks, and regulatory loopholes — the kinds of political favors that have kept it afloat for so long — at this point

Your body might charge your phone

BUFFALO, N.Y. — Searching for a power outlet may soon become a thing of the past. Instead, devices will receive electricity from a small metallic tab that, when attached to the body, is capable of

Stanford researchers reveal limited scope of corporate approaches

You want chocolate. You scan the market shelf for a bar with a Fair Trade or Rainforest Alliance certification because you don’t want your indulgence to drive labor abuse and deforestation. It’s the right thing

Poverty and Prosperity

Can The World’s Underbanked Leapfrog On To A New Blockchain Financial System?

While cryptocurrencies are rocking the whole world at the moment, you can make a case that the impact of the underlying technology–blockchain–may be felt more in emerging nations than developed ones. At least in the

Poverty: American Style

In December last year, United Nations Special Rapporteur on extreme poverty and human rights, Professor Philip Alston, issued a statement on his 15-day fact-finding mission of some of the U.S.’s poorest neighborhoods.   Alston, the author of the quoted

America’s poor subsidize wealthier consumers in a vicious income inequality cycle

The less money you have, the more you spend to just be able to use money. Being poor is expensive. This problematic paradox is evident with basic financial services. And judging by Bank of America’s recent

Health

Social media is causing people to lose trust in modern medicine

London: A rising tide of suspicion amplified by social networks has eroded public trust in modern medicine, leaving scientists and health officials scrambling for ways to shore up its credibility, experts say. Especially in rich

Health system-led drug company unlikely to make a dent in drug prices, shortages

As four not-for-profit health systems unveiled plans to create their own generic drug company Thursday, experts say they'll face an uphill battle to make a significant dent in one of the fastest-growing industry expenses and

Viruses — lots of them — are falling from the sky

An astonishing number of viruses are circulating around the Earth’s atmosphere – and falling from it – according to new research from scientists in Canada, Spain and the U.S. The study marks the first time

Impact Investing

Pay-for-success Impact Bonds

The US government is again in the pay-for-success business. Slipped into the continuing resolution passed by Congress and signed by President Trump last week is $100 million for states and localities to use in programs that deliver

10 tough questions we get asked: Bill Gates and Melinda Gates

We are outspoken about our optimism. These days, though, optimism seems to be in short supply. The headlines are filled with awful news. Every day brings a different story of political division, violence, or natural

Ireland votes in favor of law to become world’s first country to fully divest from fossil fuels

Ireland has voted to be the world’s first country to fully divest public money from fossil fuels. The Irish Parliament passed the historic legislation in a 90 to 53 vote in favour of dropping coal, oil

Financial Wellness (also on sister website PFEEF.org)

4 trends in financial education

Employees’ financial well-being is a hot topic these days. Right now, it’s top-of-mind with most employees. And it’s becoming more so with employers, not only because they are realizing the effect employee financial stress has

China’s Impressive Trajectory Toward Universal Financial Inclusion

China has achieved remarkable success in financial inclusion over the last 15 years. Traditional financial service providers have dramatically increased the reach of the formal financial sector, including through the world’s largest agent banking network.

The Value of Family-Related Benefits in Financial Literacy Programs

There’s one family-related employee benefit that, although it does not get as much attention as paid parental leave, can have a huge impact on employees’ children’s lives: financial literacy education.  With job candidates no longer focusing

Popular Posts

These Poverty-Fighting Startups Are Slaying Silicon Valley’s Sacred Cows

“One of my ambitions is to help our users put more food on the table,” says Jimmy Chen, the founder of Propel. His company makes a mobile app called FreshEBT that helps people among the U.S.’s

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

Isolationism, Business and War

Wars characterize the twentieth century, with the U.S. featuring as a significant player. The self-pronounced reputation of the U.S. as “rescuer of the world” continued at the turn of the century with 9/11 and the

Current News Feeds

  • These are the victims of the Florida school shooting February 17, 2018
    A football coach, an athletic director and young, fresh-faced students were among the 17 people killed by a gunman at a high school in Parkland, Florida, on Wednesday.
  • Trump visits Florida hospital, sheriff's office after Parkland shooting February 17, 2018
    President Donald Trump and first lady Melania Trump, aiming to honor the victims of Wednesday's school shooting in Parkland, Florida, visited Broward Health North Hospital on Friday, the hospital where many of the victims were treated.
  • Watch how a firework is made February 17, 2018
    Inside one of China's largest fireworks factories, where the process of crafting a firework is an art in its own right.
  • Jakarta's battle with snakes February 17, 2018
    Large snake sightings are getting more common in Jakarta, especially during the rainy season. Experts say snakes are attracted by vermin like rats and lizards lurking in garbage.
  • Special counsel court filing reveals new bank fraud allegations against Manafort February 17, 2018
    Special counsel Robert Mueller's office dropped more potentially damning details -- from an allegation of "additional criminal conduct" to personal financial troubles -- in a response to Paul Manafort's request to change his bail proposal on Friday.
  • Stock volatility: back with a bang and here to stay February 17, 2018
    NEW YORK (Reuters) - U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, even though equities have already recovered more than half the ground lost in the recent selloff and traders have rapidly dialed down fear.
  • ADM, Syngenta settle lawsuit over biotech corn exports to China February 17, 2018
    CHICAGO (Reuters) - U.S. grain merchant Archer Daniels Midland Co has settled a lawsuit with Syngenta over the seed company's launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday.
  • Exclusive: GE exploring industrial gas engine business sale - sources February 17, 2018
    (Reuters) - General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter.
  • U.S. seeks to block AT&T from citing Trump opposition in merger lawsuit February 17, 2018
    WASHINGTON (Reuters) - The U.S. Department of Justice on Friday moved to prevent AT&T Inc from arguing that politics played a role in the government's decision to stop its merger with Time Warner Inc , a deal that President Donald Trump had publicly criticized.
  • Trader sues Fidelity over website glitch during market rout February 16, 2018
    BOSTON (Reuters) - A New Jersey trader filed a lawsuit against Fidelity Investments, accusing it of "gross negligence" because he could not make trades on the company's website earlier this month during a volatile time on the stock market.