The Latest Dirty Word in Corporate America: ESG
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
The music streaming service hopes the cuts, which amount to about 1,500 people, will help it become profitable.
In a 6–3 decision on Monday, the court held that a federal law prohibiting workplace discrimination based on “sex” — Title VII of the Civil Rights Act of 1964 — applied to cases involving LGBTQ workers. The other lead plaintiffs in the case, argued by the ACLU, did not live to see the ruling. Donald…
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
The Kaiser Family Foundation recently reported that the annual cost of family health insurance jumped to nearly $24,000 this year, the greatest increase in a decade. While insurance executives and employers may cite a plethora of reasons, one of the chief culprits is lack of oversight over the Wild West of healthcare prices. My friend…
To repurpose an old joke: How do you create a $15-billion company? Answer: First, start with a $44-billion company … Yes, we’re talking about Elon Musk and the fate of Twitter-now-X, the social media platform he bought in October 2022 and spent the subsequent year turning into a hive of antisemitism, racism and all other…
Comment on this storyComment Add to your saved stories Save A North Carolina-based food company is recalling jars of what it calls dry hot sauces after failing to declare on labels that wheat is present in the product — an omission the company acknowledges could cause a “serious or life-threatening allergic reaction” to those with…