What It Really Takes To Advance Workforce Diversity

By Paula Downey, president & CEO, CSAA Insurance Group Prejudice, discrimination and bias are increasingly top of mind for View the Original Article

A wave of new environmental laws is scaring shipowners

THE shipping industry has encountered rough seas over the past decade. Between 1985 and 2007 trade volumes shot up at around twice the rate of global GDP but since 2012 their rate of growth has barely kept pace, leaving the industry...

How two-wheelers are weaving their way into urban transport

THE streets of Beijing are thronged with two-wheeled contraptions. Some appear to be conventional petrol mopeds but as they zoom through red lights at pedestrian crossings their eerie silence and lack of exhaust reveals...

Giddy property prices are a test for Swedish policymakers

ULF DANIELSSON is thinking of buying a holiday home—or even a new house, so that he, his wife and two children can have a garden and more space than in their flat in Uppsala....

Intel CEO Resigns After Investigation Into Consensual Relationship With Employee

(Reuters) - Intel Corp <INTC.O> Chief Executive Brian Krzanich resigned on Thursday after a company probe revealed that a consensual relationship he had with an employee violated company policy. The head of the largest U.S. chipmaker...

Disney Hikes Bid For Fox Entertainment Assets To $71.3 Billion

(Reuters) ― Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, topping Comcast Corp’s $65 billion offer last week. The new offer of $38 a share, which...

Starbucks Announces Plans To Close 150 Underperforming Stores

(Reuters) - Starbucks Corp forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down...

Facebook To Stop Advertising Gun Accessories To Children

Facebook has announced a new policy aimed at preventing minors on its platform from seeing ads about gun accessories.  The social media giant said on Saturday that advertisers promoting such products ― including gun cases...

Audi CEO Arrested In Germany Over Diesel Scandal

FRANKFURT (Reuters) ― The head of Volkswagen’s (VOWG_p.DE) luxury arm Audi was arrested on Monday, the most senior company official so far to be taken into custody over the German carmaker’s emissions test cheating...

Rural Areas Have The Highest Suicide Rates And Fewest Mental Health Workers

In the days and weeks following the suicides of celebrity chef Anthony Bourdain and handbag designer Kate Spade, a chorus of social media users urged people with depression to not be “afraid” to ask...

Theranos CEO Elizabeth Holmes Steps Down

Elizabeth Holmes has stepped down as CEO of Theranos. Theranos’ board of directors announced the long-overdue, and now mostly symbolic, move in a press release Friday afternoon. In March of this year, the Securities and Exchange...

Starbucks Discriminates Against Older Workers, According To Former Employees

Andrea spent a recent 13-hour shift at Starbucks, where she works as a manager, in agony. The 52-year-old, who asked that her real name and location not appear in this story for fear of...

Can the solar industry survive without subsidies?

A LITTLE over a decade ago, when JinkoSolar, a Shanghai-based company, entered the solar business, it was such a novice that when it visited international trade fairs, all it had was a bare table...

A new breed of German startups

At a rooftop bar in Berlin on May 29th, the glitterati of Germany’s startup scene toasted a new arrival. Silicon Valley Bank, a commercial lender which counts as customers half of American startups that...

The murky future of two Latin American oil giants

IT SEEMED like such a comeback. When Pedro Parente took over as boss of Petrobras in 2016, Brazil’s state oil firm was drowning in $130bn of debt. It had lost $200bn in shareholder value,...

How open is America? – What tariffs?

“JUSTIN has agreed to cut all tariffs and all trade barriers between Canada and the United States,” claimed President Donald Trump to laughter on June 8th, at the G7 summit in Quebec. The next...

China’s tighter regulation of shadow banks begins to bite

THE teller at ICBC, China’s (and the world’s) biggest bank, ushers a new, well-heeled customer into a private room. It is not for VIP treatment but a stern warning. The customer wants to invest...

Why We Need To Bring Belonging To Business

In business, we know that a culture of purpose evolves from an inclusive environment in which relationships are nurtured and valued and individual voices are heard and respected. View the Original Article

New Study Finds Ride-Hailing Drivers Are Eager To Organize, Despite Challenges

In his two years driving for Lyft and Uber in Los Angeles, George has scrambled to adapt while the ride-hailing companies have frequently adjusted their rates, policies and technology. The constant change has led George,...

5 Ways CEOs Can Make Real Progress On Diversity And Inclusion

By Tim Ryan, US Chairman and Senior Partner, PwC Just in the last two weeks, we saw Starbucks close all of its stores to View the Original Article

Cities Are Starting To Pay Attention To The Eviction Crisis That’s Devastated Poor Tenants

PHILADELPHIA ― The rodent infestation had grown so severe in the home Yazmin Vazquez shared with her nephew that when she left a plate of roast beef on the stove to cool, rats pounced and...

Domino’s Pizza Unveils U.S. Infrastructure Project Filling Potholes

Domino’s Pizza ($DPZ) is filling in potholes in towns across the U.S. with a new ’”Paving for Pizza” initiative. The American pizza chain announced on Monday that it will help “smooth the ride home”...

Facebook Exec Calls Female Investor ‘Not Nice’ For Asking About Sexism

A Facebook executive apologized to a woman for calling her “not nice” after she asked questions at the company’s annual shareholder meeting about the social network’s gender pay gap and the proliferation of sexism...

U.S. Companies Shelter 40 Percent Of Foreign Profits, Study Finds

Multinational companies based in the U.S. and elsewhere hide close to 40 percent of their foreign profits in overseas tax havens, according to a new study, and the massive U.S. corporate tax cut is...

Elon Musk Company Hands Out ‘Fun’ Flamethrowers In Scorched LA

Tech nerds, pyromaniacs and the curious turned up in Los Angeles Saturday to collect hundreds of recreational flamethrowers purchased from the latest company created by SpaceX CEO Elon Musk. A tweet from Musk urged...

New Rental Law Forces Airbnb To Cancel Thousands Of Reservations In Japan

Airbnb said on Thursday it’s been forced to cancel thousands of bookings in Japan after the government unexpectedly announced the immediate implementation of a law that regulates home sharing. The online chaos surrounding Airbnb’s most...

Artificial intelligence is awakening the chip industry’s animal spirits

SUPERCOMPUTERS usually fill entire rooms. But the one on the fifth floor of an office building in the centre of Bristol fits in an average-sized drawer. Its 16 processors punch more than 1,600 teraflops,...

A case for owning euro-zone shares

IN AN episode of “Seinfeld”, a 1990s television comedy, George Costanza, a serial failure played by Jason Alexander, decides that every instinct he has is wrong. So he resolves to do the opposite. He...

Buying GitHub takes Microsoft back to its roots

ALMOST to the day 17 years ago Steve Ballmer, then boss of Microsoft, the world’s biggest software firm, called Linux a “cancer”, meaning that the open-source operating system would spell the death of proprietary...

Solar Panel Tariff Will Cost Over $2.5 Billion In Projects And Thousands Of Jobs,...

June 7 (Reuters) - President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5 billion in large installation projects, along with...

Here’s How Much Netflix Is Spending To Beef Up Its Original Content Catalog

Netflix (NFLX) is spending up to $2 billion on original content this year in its ongoing mission to become the go-to platform for streamed video.   The Los Gatos, California-based streaming giant plans on spending...

California Fails To Restrict Elon Musk’s Recreational Flamethrowers

California legislators have failed to pass a bill restricting sales of Tesla owner Elon Musk’s puzzling new product — a recreational flamethrower — following opposition from gun lobbyists. Musk claims his Boring Co. has sold...

Trump Administration Killed A Housing Discrimination Rule. Some Cities Are Following It Anyway.

Civil rights groups announced this week that they are taking the next steps in a lawsuit against the Department of Housing and Urban Development that claims it unlawfully suspended an Obama-era rule intended to promote racial...

Facebook To Shut Down ‘Trending’ News Section In Favor Of Breaking News Test

Facebook is set to kill its “trending” news section next week after four years and is testing a new breaking news feature that could replace it. The company announced the move on Friday, saying that the...

Sears To Close Additional Stores As Sales Continue To Drop

May 31 (Reuters) ― Sears Holdings Corp reported a near 12 percent fall in quarterly comparable-store sales on Thursday and said it will close 72 more underperforming stores in an effort to stem growing...

American tech giants are making life tough for startups

IT IS a classic startup story, but with a twist. Three 20-somethings launched a firm out of a dorm room at the Massachusetts Institute of Technology in 2016, with the goal of using algorithms...

There is madness, but perhaps also method, in America’s trade policies

DIVINING meaning in the Trump administration’s trade announcements is a thankless task. No sooner does a policy seem settled than it is thrown up in the air once more. On May 23rd, days before...

Are you stuck in a “bullshit job”?

SISYPHUS, king of Corinth, was condemned for all eternity to push a boulder up a hill, only to watch it roll down again. David Graeber, an anthropologist, thinks that many modern workers face the...

Activist investors go after a German industrial icon

FEW industrial scenes offer the drama of a steelworks in full flow. Perched high in a cabin, a technician guides a bucket the size of a house to send 250 tons of lava-like molten...

A Hungarian startup could beat Ryanair at its own low-cost game

JUST a few hundred metres from Budapest airport’s runways, the wails of scorched airline passengers echo around an industrial estate. But no real people are being harmed. Here Wizz Air, a rapidly growing Hungarian...

Lowe’s Is Making Managers Sign Arbitration Agreements If They Want Their Bonuses

Lowe’s has a message for its store managers: Sign this or else. Salaried managers and assistant managers at the big-box home improvement retailer are being required to enter binding arbitration agreements under the threat of...

Corporations Sitting On Their Assets, Latest Stats Reveal

Corporate spending isn’t taking off the way Republicans predicted in the wake of a massive $1.5 trillion tax cut for companies, according to the latest figures. The Wall Street Journal called this “something of a...

American firms reveal the gulf between bosses’ and workers’ pay

HOW much should company bosses be paid relative to their employees? It depends who you ask. Plato argued that the richest members of society should earn no more than four times the pay of...

Labour laws in 104 countries reserve some jobs for men only

EVEN as rich countries seek to rid workplaces of subtle gender bias, in many developing ones discrimination remains overt. According to the World Bank, women are barred from certain jobs in 104 countries (see...

European firms are increasingly tackling the scourge of bribery

ONE of the more extreme recent cases of corporate bribery is that of LafargeHolcim, a giant Swiss-French cement-maker which was accused in 2016 of funnelling money to armed groups controlling roads and checkpoints around...

How psychotherapy improves poor mothers’ finances

IN 2005 and 2006, in northern Pakistan, some 900 pregnant women took part in an unusual experiment. All were in their third trimester and suffering from depression. Most families in the area rely on...

Central banks should consider offering accounts to everyone

A RECESSION strikes. Central banks leap into action, cutting interest rates to perk up investment. But what if, as now, there is not much cutting to do, with rates already at or close to...

U.S. Launches Auto Import Probe, China Vows To Defend Its Interests

WASHINGTON (Reuters) - The Donald Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum...

Gazprom is enjoying a sales boom in Europe

FEW firms have more power to heat up the cauldron of global geopolitics like Gazprom, the state-backed Russian energy producer. It supplies more than a third of the natural gas that Europeans use for...

Markets may be underpricing climate-related risk

AS A citizen, Dave Jones worries that climate change may imperil his two children, and theirs in turn. What exercises him, as California’s insurance commissioner, is the way in which a transition to a...
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