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

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

Alaska Mill Feed in Anchorage is now employee-owned – Alaska Dispatch News

Employees are the new owners of a popular gardening and pet supply store in Anchorage. Alaska Mill Feed & Garden Center announced Monday that it has transitioned to what's called an employee stock ownership plan, a

Santanna Energy Services Announces Transition To An Employee Owned Company

Santanna Energy Services (Santanna) is pleased to announce that as of January 3, 2017, Santanna has become an employee stock ownership company. As a company with over 28 years of service in the deregulated energy industry,

Environment

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

How temperature guides where species live and where they’ll go

For decades, among the most enduring questions for ecologists have been: "Why do species live where they do? And what are the factors that keep them there?" A Princeton University-based study featured on the February

Canadian glaciers now major contributor to sea level change, UCI study shows

“In the past decade, as air temperatures have warmed, surface melt has increased dramatically,” said lead author Romain Millan, an Earth system science doctoral student. The team found that in the past decade, overall ice

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

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

New antibiotic from bacteria found on Kenyan ant could help beat MRSA

Researchers at the University of East Anglia (UEA) and the John Innes Centre (JIC) discovered a new member of the Streptomyces bacteria family, isolated from the African fungus-growing plant-ant Tetraponera penzigi. They have named the

What Doesn’t Kill You Makes You Stronger

Biologists have known for decades that enduring a short period of mild stress makes simple organisms and human cells better able to survive additional stress later in life. Now, scientists at Sanford Burnham Prebys Medical

Impact Investing

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

Pioneering Social Impact Bonds for chronically homeless

2016 was the first year for Denver’s innovative Social Impact Bonds Initiative, partnering the city with homeless service providers and private investors to help chronically homeless people get off the streets and stay off 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

  • Freeport Indonesia CEO resigns after force majeure on copper exports February 18, 2017
    JAKARTA (Reuters) - Chappy Hakim, chief executive of miner Freeport-McMoran Inc's Indonesian unit, has resigned, the company said on Saturday, after the parent firm declared force majeure on copper concentrate shipments from its Grasberg mine in Papua.
  • Trump sons open Dubai golf course, praise U.S. ally February 18, 2017
    DUBAI (Reuters) - U.S. President Donald Trump's eldest sons Donald Trump Jr. and Eric Trump were guests of honor at the opening of a Trump-branded golf course in Dubai on Saturday, the first Trump property project launched since their father's inauguration.
  • After night in cell, Samsung scion taken for questioning February 18, 2017
    SEOUL (Reuters) - Handcuffed and tied with white rope, the scion of one of the world's biggest conglomerates, Samsung Group, was taken on Saturday for questioning by South Korean authorities after spending a night in a small detention cell.
  • PSA chief executive to meet UK's May about Vauxhall takeover February 18, 2017
    PARIS/LONDON (Reuters) - The chief executive of Peugeot manufacturer PSA Group will meet British Prime Minister Theresa May to discuss his firm's planned acquisition of General Motors' Opel and Vauxhall operations, a government spokesman said on Saturday.
  • Iran finds 2 billion barrels shale oil reserves in western province: agency February 18, 2017
    DUBAI (Reuters) - Iran has found shale oil reserves of 2 billion barrels of light crude in its western Lorestan province, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on Saturday.
  • U.S. shuts high-security labs over concerns about air hose safety February 17, 2017
    (Reuters) - The U.S. Centers for Disease Control and Prevention has closed down its highest security biosafety laboratories after discovering that hoses that supply air to scientists wearing special protective suits were never approved for that use, the agency said on Friday.
  • Prescription-drug monitoring cuts doctor-shopping for painkillers February 17, 2017
    (Reuters Health) - State programs that require physicians to check drug registries before writing prescriptions appeared to slash the odds of doctor-shopping for opioid pain relievers, a new study found.
  • Tai chi tied to reduced fall risk in older adults February 17, 2017
    (Reuters Health) - Seniors who practice tai chi - a Chinese meditation practice that combines deep breathing and slow, fluid movements - may be less likely to fall than their peers who don't do this type of exercise, a recent study suggests.
  • Top Senate Republican: Will move on healthcare when support coalesces February 17, 2017
    WASHINGTON (Reuters) - U.S. Senate Leader McConnell said he expects to move on legislation to repeal and replace Obamacare as soon as his there are enough votes to pass the Republican-controlled chamber.
  • In China, consumers seem to shrug off deadly bird flu outbreak February 17, 2017
    SHANGHAI (Reuters) - Four years ago, a bird flu outbreak in China killed at least three dozen people, triggered mass poultry culling, put masks on millions of Chinese faces and hammered shares in fast food and travel companies.