CORPORATE

Jan 16 2025POLITICS

Billionaires and Trump: A New Alliance

Imagine the world's wealthiest people sitting together at Donald Trump's inauguration. Elon Musk, Jeff Bezos, and Mark Zuckerberg might be there, showing their support for the new president. Musk, the richest person on the planet, has donated a lot of money to Trump's campaign. Bezos, the Amazon bos

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Jan 15 2025BUSINESS

Workers' Big Strike: A Look at Amazon's Labor Struggle

In December, Amazon workers across the U. S. went on strike, demanding better pay and conditions. This wasn't just any strike—it was the biggest in Amazon's history. Filmmakers Stephen Maing and Brett Story captured the action in a 10-minute short called Local One. Amazon's size and power make this

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Jan 14 2025BUSINESS

Goodbye to Free Starbucks Bathrooms!

Starbucks has decided to end its open door policy. This means that customers will now need to buy something to use the bathroom or hang out in the cafes. The company is hoping this will improve the experience for paying customers and employees. This change comes after years of allowing everyone to u

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Jan 12 2025FINANCE

Big Banks and UnitedHealth Kick Off Earnings Season with High Hopes

This week, the earnings season begins with six major U. S. banks and a significant health insurer ready to share their results. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley, and Bank of America are all set to report their fourth-quarter earnings. UnitedHealth, a key player i

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Jan 11 2025BUSINESS

Big Tech Companies Adjust Diversity Efforts Ahead of Trump's Return

In response to Donald Trump's upcoming presidency, several major tech companies like Meta and Amazon are rethinking their diversity initiatives. They're not alone; other corporations across the U. S. are making similar moves. Meta, which owns Facebook, Instagram, and WhatsApp, recently informed its

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Jan 11 2025BUSINESS

Eco-Friendly Innovation: How Family Firms in China Struggle with Change

Green innovation is crucial for a sustainable future, and China's SRDI enterprises are no exception. These firms, particularly family-owned ones, have been in the spotlight for their unique strategies called "de-familization. " This process involves shifting management rights and ownership away from

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Jan 10 2025BUSINESS

BlackRock Reconsiders Green Alliance

BlackRock, a major player in Environmental, Social, and Governance (ESG) investing, is mulling over leaving the Net Zero Alliance, a group aiming for zero-carbon emissions by 2050. Larry Fink's firm, the world's largest asset manager, was once a champion of ESG investments. However, a growing politi

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Jan 10 2025BUSINESS

Unions' Secret Weapon: Boosting Corporate Responsibility

You know who's a silent hero when it comes to making companies act responsibly? Unions! Over a decade-long study, researchers discovered that unions are like a secret weapon in reducing big, controversial issues related to the environment, society, and how companies are run (let's call them ESG issu

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Jan 09 2025POLITICS

Why Liberals are Unintentionally Supporting Trump

Ever thought about how your everyday purchases might be helping Donald Trump? It's a surprising truth. This week, news broke that Amazon paid a whopping $40 million for a documentary produced by Melania Trump. This isn't the first time Amazon's founder, Jeff Bezos, has shown support for Trump. He's

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Jan 07 2025BUSINESS

McDonald's Drops Diversity Targets After Court Ruling

McDonald's is rethinking its diversity policies. The fast-food giant announced it's ditching certain aims to boost diversity among its leaders. Why the change? A recent Supreme Court decision made affirmative action in college admissions illegal. Plus, there's been a conservative backlash against di

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