U.S asset management firm BlackRock is calling on the U.K.’s top 300 corporations to change the way they pay executives — or face significant backlash from shareholders. And its warning has the backing of the U.K. think tank High Pay Center, which says the pay ratio between top execs and “regular” workers — estimated at 129:1 — needs a serious “reality check.”
Author: Jan Lee
President-elect Donald Trump’s pick for secretary of state, former ExxonMobil CEO Rex Tillerson, had a rough senate confirmation hearing last week. His appointment is still under review, and he’ll likely face more questions about Exxon’s alleged skirting of U.S. sanctions and connection to torture abroad.
Former Exxon CEO Rex Tillerson attracted the criticism of even some Republican senators in this week’s Congressional hearings. But does that mean he won’t be nominated as secretary of state? Not necessarily…
Last week, House Speaker Paul Ryan’s office announced a Senate resolution to repeal the Affordable Care Act. Now, both critics and proponents of ACA are asking a critical question: Is a repeal possible, and is it really worth the risk?
Do you know your credit score? Chances are, says the Consumer Financial Protection Bureau, the score you pay for may not be exactly the same as what a lender sees. And that’s a problem, says the bureau, because two of the three largest credit reporting agencies have been selling credit scores that don’t match the criteria lenders use.
SPECIAL SERIES: How Sustainability at Home Goes Beyond
How will tomorrow’s perfect eco-home look? With today’s record-low solar costs, it’s a pretty fair bet it will employ PV panels. But renewable energy isn’t the only defining characteristic of a sustainable home, points out Martha Bohm, assistant professor to University at Buffalo’s Department of Architecture.
Experts tell us that climate change will make things more expensive for cities, states and nations in the coming years. But it will also impact our wallets in unexpected ways. We’ve listed four that are already playing out in cities across North America.
Solar energy has transformed how we live in our homes, how we travel throughout the world, and even how we communicate with others, near and far. The last few years have been a boon for solar advancements. And if 2016 is anything to go by, solar will continue to transform our world in ways we have yet to imagine.
SPECIAL SERIES: Are Americans Getting Healthier?
How do you make sure state healthcare services meet the needs of people with disabilities? If you’re Josh and Rachel Boynton, you prepare to try things that have never been tried. And you carry a big heart.
Donald Trump said he may favor eradicating NASA’s 58-year-old earth sciences division, which includes a network of satellites that track climate change. But the California governor gave scientists a simple message: We’ve got your back.
A recently discovered oil leak along an important waterway may give further weight to the Standing Rock Sioux’s efforts to keep crude oil away from its primary water source. But will the message be too late?
The Obama administration denied a key route for the Dakota Access Pipeline. But that doesn’t mean the fight is over for those seeking to protect vital water sources. In fact, with President-elect Donald Trump due to arrive to the White House in just a few weeks, it’s just entered a new stage.
Software giant plans to link diversity stats to executive bonuses. Will it be enough to ensure diversity targets actually translate to greater multiculturalism in the workplace?
The U.S. Army Corps of Engineers said it plans to close down the Standing Rock Sioux water protectors’ camp next month. The protesters insist they are staying put, despite the advance of North Dakota’s hard winter season. With months of clashes between local officials and protestors, however, the winter may be the least of concerns for a people who feel their sovereign rights are now at increasing risk from big business and governments that appear to turn a blind eye to laws in favor of the energy sector.