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
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
Entrepreneur inspires girls to pursue education
Roberta Lindal’s start-up began with a ‘happily ever after’. Lindal, BA’14, credits an early mentor for sparking her idea to create clothing that inspires girls to pursue their education, and help others who face incredible
Health
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
How Virtual Healthcare Vans Are Taking High-Quality Medical Technology to Rural Areas
India has a dismal doctor-to-patient ratio – around 1:1,900, against the UN-prescribed 1:1,000. The disparity is especially high in rural areas, with about 70 per cent of the country’s population living there. The situation is
Ridiculously healthy’ elderly have the same gut microbiome as healthy 30 year-olds
In one of the largest microbiota studies conducted in humans, researchers at Western University, Lawson Health Research Institute and Tianyi Health Science Institute in Zhenjiang, Jiangsu, China have shown a potential link between healthy aging
Impact Investing
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
Searching for Impact
The field of impact investing is growing rapidly with nearly $114 billion of total impact assets currently under management. As the sector continues grows, the need for new and innovative impact investment products will also
Financial Wellness (also on sister website PFEEF.org)
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
The new reality of old age in America
ELLSWORTH, Maine — Richard Dever had swabbed the campground shower stalls and emptied 20 garbage cans, and now he climbed slowly onto a John Deere mower to cut a couple acres of grass. “I’m going to
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
- Kelly erroneously claimed congresswoman took credit for building funding, video shows October 20, 2017White House chief of staff Gen. John Kelly on Thursday erroneously claimed that Rep. Frederica Wilson, D-Florida, claimed credit for securing "$20 million" in federal funding to build a new FBI field office in Miami in 2015, according to a video of the event posted Friday by the Sun Sentinel.
- How Amazon filled up Seattle's airport and what it means for HQ2 October 20, 2017In the race to win Amazon's second home, Seattle's airports tell a story of what some cities may have to gain (and maybe lose) from the retail and tech giant's arrival.
- CNN poll: Two-thirds want to stay in Iran nuclear deal October 20, 2017Two in three Americans say President Donald Trump should not pull the United States out of the nuclear deal aiming to block Iran from developing nuclear weapons, according to a new CNN poll conducted by SSRS.
- How a month of hurricane nightmares changed Puerto Rico -- and me October 20, 2017CNN's Leyla Santiago considers the island of Puerto Rico home. She witnessed it suffer for 30 days in the aftermath of Hurricane Maria.
- Fox News host Chris Wallace slams network colleagues for attacks on press October 20, 2017Wallace has not shied away from defending journalists from the network's opinion hosts in the past.
- Apple hit with trademark lawsuit over iPhone X 'animoji' feature October 20, 2017NEW YORK (Reuters) - A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.
- Merck to cut 1,800 U.S. sales jobs, add 960 in chronic care October 20, 2017(Reuters) - Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday.
- Gillette weakens P&G report after Peltz row October 20, 2017(Reuters) - Procter & Gamble Co disappointed Wall Street with sales on Friday, hurt by continuing weakness in its Gillette business, a week after it claimed to have fought off hedge-fund manager Nelson Peltz's move to muscle onto the board.
- Japan's Kobe Steel says violated statutory standards, losing customers October 20, 2017TOKYO (Reuters) - Kobe Steel Ltd sank deeper into crisis on Friday as the embattled company said it had lost some customers to competitors because of widespread data falsification that had extended to its mainstream steel sheet business.
- BMW raided in cartel investigation as Daimler claims immunity October 20, 2017MUNICH/BRUSSELS (Reuters) - BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers, it said on Friday, as rival Daimler claimed whistleblower status in an effort to avoid fines.
- 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.
- Merck to cut 1,800 U.S. sales jobs, add 960 in chronic care October 20, 2017(Reuters) - Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday.
- Frailty, loss of mental function independently affect elderly survival October 20, 2017(Reuters Health) - Frail older people don’t live as long as their stronger peers, and loss of mental function further increases their risk of death, recent research shows.
- FDA teams with medical companies in Puerto Rico to tackle shortages October 20, 2017(Reuters) - The head of the U.S. Food and Drug Administration said the agency was working with several pharmaceutical and medical device companies in Puerto Rico to prevent shortages of medical products in the United States as it joins a massive effort to help rebuild the island that was ravaged by Hurricane Maria.
- Prosecutors seek pharmacist's conviction over U.S. meningitis outbreak October 20, 2017BOSTON (Reuters) - A federal prosecutor on Friday told jurors that a Massachusetts pharmacist, charged with murder for his role in a deadly 2012 U.S. meningitis outbreak, acted with a "depraved heart" while knowingly producing non-sterile drugs.
- Peru Congress passes bill to legalize medical marijuana October 20, 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.