The investment giant BlackRock Inc. exploring ways to cull gun stocks from its portfolios. Symantec, Hertz, Avis Budget, North American and Allied Van Lines, and insurer MetLife announced they would break off from the NRA.
Many seniors are stuck with lives of never-ending work—a fate that could befall millions in the coming decades. Two-thirds of Americans don’t contribute any money to a 401(k) or other retirement accounts, according to Census Bureau researchers. And this could have larger implications for the economy.
Shares of the Snapchat parent company sank 6.1 percent on Thursday, wiping out $1.3 billion in market value, on the heels of a tweet on Wednesday from Kylie Jenner, who said she doesn’t open the app anymore.
Hunger is hastening the ruin of Venezuelan’s oil industry as workers grow too weak and hungry for heavy labor. Food has become more important than employment, and thousands are walking off the job, which mean few are left to produce the oil that keeps the declining economy functioning.
Lush’s eccentric strategy of “creative buying” has shown that ethical supply chains and profits are not mutually exclusive. The company has turned corporate social responsibility on its head, funding an array of direct action groups in the UK and US.
The rise in long-term bond yields so far this year points to a long-awaited return to economic normalcy, and perhaps the end of a yearslong period in which Wall Street erroneously sought to draw the curtain on the era of ultra-low interest rates.
The price of cobalt has more than tripled in the past 18 months to trade above $80,000 a metric ton. Two-thirds of supplies come from the Democratic Republic of Congo, where there has never been a peaceful transition of power and child labor is still used in parts of the mining industry.
Our twice weekly newsletter curates the most impactful news stories across the world of business, finance and technology. Simplified, digestible facts, delivered with humor and relatable to our everyday lives.