Business

2016 Oxford Conference on Business and Poverty

John Hoffmire, Director, Center on Business and Poverty, University of Wisconsin-Madison

Welcome to the second annual Oxford Business Fights Poverty Conference. Over the next two days, you will hear from and interact with a series of

Imagine Decentralized Leadership And A Leader Everyone Liked

After we’ve been through a presidential race during which each major party candidate employed battlefield-type management, many of us grew weary? Now, we have a president who, no matter which side you’re on, we know

Robots: Policymakers “Flying Blind”

Will a robot take away my job? Many people ask that question, yet policymakers don’t have the kind of information they need to answer it intelligently, say the co-chairs of a new study from

Employee Ownership

Dealership group gains an edge from ESOP

In mid-2015, Van Horn Automotive Group's leaders discussed how to attract and retain talent, increase store count and keep family control of the business. They decided to become the first partially employee-owned car dealership group

Retired Toro boss credits the worker-owners with much of company’s success

Mike Hoffman, who retired Nov. 1 as chief executive of Toro Co., began at the company as an equipment-service representative in 1977. He worked his way through sales-and-management positions and was named CEO in 2005.

Eagle Communications honored for ‘Employee-Ownership’ communications

Eagle Communications, Inc. has been selected by the ESOP Association as the winner of the 2017 Printed Materials Annual Award for Communications Excellence. The AACE Awards are sponsored each year by the Association to recognize

Environment

Walmart’s plan to lift a gigaton of carbon from its supply chain

Walmart is doubling down on its climate commitment. Today, the retail giant announced Project Gigaton, a goal to remove 1 billion metric tons of greenhouse gases from its supply chain by 2030, equivalent to taking

Water Is Streaming Across Antarctica

In the first such continent-wide survey, scientists have found extensive drainages of meltwater flowing over parts of Antarctica's ice during the brief summer. Researchers already knew such features existed, but assumed they were confined mainly

Making batteries from waste glass bottles

Researchers have used waste glass bottles and a low-cost chemical process to create nanosilicon anodes for high-performance lithium-ion batteries. The batteries will extend the range of electric vehicles and plug-in hybrid electric vehicles, and provide

Poverty and Prosperity

Want to solve income inequality? Simple: pay workers more

If there is a single global problem that almost everyone agrees needs to be tackled, it is income inequality. It’s a bigger deal in some countries than others: bad in the US, less so here

Industrial strategy must make the poorest better off, say businesses

Britain's biggest business groups have urged the Government to boost living standards and improve productivity in the country’s poorest regions, as part of an industrial strategy with “bold, focused and specific” objectives to make life better

Study Links Income Inequality, Carbon Emission Across U.S. States

Across the U.S., state-level carbon emissions are higher in states where income is more highly concentrated among the wealthiest residents, according to a new study by two Boston College researchers. On a global level, the

Health

Narcissism and social networking

The more friends a person has in social networks and the more photos he uploads the bigger is the chance that he is an narcisst.  Social networks are an ideal stage for narcissists to showcase

Zika RNA now found in a second mosquito species

A University of Florida Institute of Food and Agricultural Sciences molecular biologist has found Zika RNA in a type of mosquito not often associated with the virus. UF/IFAS entomology associate professor Chelsea Smartt led a

Patients don’t know how to best manage their cholesterol

Most people with high cholesterol are not sure how to manage the potentially deadly condition, according to a survey from the American Heart Association. Nearly one in three American adults has high levels of LDL

Impact Investing

10 Reasons Why You Should Consider Impact Investing

Impact investment – investments that generate both financial returns and social or environmental good – were long a niche market for well-capitalized financiers. Today, they are a growing component of portfolios on Main Street, with

What Is Money For? Understanding Impact Investing

What Does Impact Investing Look Like In Action? The concept is that in order for a philanthropic strategy to be self-sustaining, you need to find a way for the allocation to grow faster than the

Impact Investing 2017—Impediments and Accelerants

Realizing the opportunity to use capital for greater purposes than financial returns alone, investors across asset classes are aligning their investments with their values. By doing so, they are embracing the belief that it is

Financial Wellness (also on sister website PFEEF.org)

How To Keep Your Retirement Plan On Track In A Wild, Woolly World

There have been scarier markets, but have there been weirder ones? How you should cope. Each year brings its own set of tests to your retirement plan, whether from stock market volatility, politics, the strength

Choosing Nurture, Not Nature to Improve Financial Decision-Making in America

Even as the economy recovers, unemployment decreases, and median income rises, millions of households in the United States continue to barely scrape by. For years, society has placed the responsibility for financial shortcoming on the

How Financial Knowledge Drives Wealth Inequality

What differentiates the financial success stories from the others turns out to be exposure--in school or the workplace--to financial education, says WSJ Wealth Expert Olivia Mitchell of the Wharton School. Financial knowledge plays a crucial

Current News Feeds

  • Trump resorting to unilateralism with steel probe: China Daily April 24, 2017
    BEIJING (Reuters) - Washington's move to probe steel imports could trigger a trade dispute between the United States and its major trading partners, who are likely to take retaliatory steps, the official China Daily said in an editorial on Monday.
  • LafargeHolcim CEO to depart in wake of Syria controversy April 24, 2017
    ZURICH (Reuters) - LafargeHolcim Chief Executive Eric Olsen will leave the company in July, the world's largest cement maker said on Monday, in the wake of a report into allegations the company paid armed groups in Syria to keep a plant open.
  • U.S. Chamber of Commerce chief expects basic NAFTA deal by mid-2018 April 24, 2017
    MEXICO CITY (Reuters) - The United States, Mexico and Canada are likely to reach a basic accord over reworking the North American Free Trade Agreement (NAFTA) by the middle of next year, the head of the biggest U.S. business lobby group said on Sunday.
  • Tesla’s big Model 3 bet rides on risky assembly line strategy April 24, 2017
    (Reuters) - Tesla Inc Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the factory that makes them.
  • Oil recovers lost ground, but market remains under pressure April 24, 2017
    SINGAPORE (Reuters) - Oil prices recovered ground on Monday following last week's big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains.
  • Becton Dickinson to acquire Bard for $24 billion April 24, 2017
    NEW YORK (Reuters) - U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard's devices to its portfolio in the high-growth sectors of oncology and surgery, both companies said on Sunday.
  • EU drugmakers urge June decision on new location for watchdog April 23, 2017
    FRANKFURT (Reuters) - Europe's drugmakers pushed for a decision as early as June on the new location for the headquarters of the bloc's medicines watchdog, which will relocate from London after Britain's decision to leave the EU.
  • Trump warns Democrats Obamacare will die without cash infusion April 23, 2017
    WASHINGTON (Reuters) - U.S. President Donald Trump warned Democrats on Sunday that Obamacare was in trouble and would die without government funding, apparently referring to the possibility of ending federal subsidies to help lower-income people buy health insurance.
  • Bristol-Myers NASH drug reduces liver fat in midstage study April 22, 2017
    (Reuters) - Bristol-Myers Squibb Co said its lead experimental drug for nonalcoholic steatohepatitis, or NASH, significantly reduced liver fat versus placebo, according to data from a mid-stage trial presented at a medical meeting on Saturday.
  • FDA approves Samsung Bioepis' copy of J&J's Remicade: company April 22, 2017
    SEOUL (Reuters) - South Korea's Samsung Bioepis Co Ltd said on Saturday the U.S. Food and Drug Administration approved its copy of Johnson & Johnson's rheumatoid arthritis drug Remicade, the first drug developed by the Samsung Group unit approved in the United States.