An antitrust investigation conducted by the U.S. Department of Justice has led to a class action lawsuit against top tech companies. Filed on behalf of more than 100,000 Silicon Valley employees who claim wage suppression agreements robbed them of about $9 billion since 2000, the suit names Apple, Google, Intel and other major tech giants.
Category: New Economics
This category is about the relation between business economies and sustainability and CSR. Company economies have great impact on how much effort they put into their CSR strategy and incorporating green strategies can have an effect on company growth.
Airbnb and the sharing economy are in trouble again, this time with members of a small Texas town that put their faith and support into its success. The problem? Rental costs are skyrocketing, and it’s due to Airbnb’s unconventional business model, says one resident.
Caroline Flammer, assistant professor in general management at Ivey Business School at Western University (London, Ontario), was recently named the 2013 Moskowitz Prize winner. Her complex research makes a bold and clear conclusion–that the adoption of corporate social responsibility (CSR) shareholder resolutions leads to an increase in shareholder value and enhances long-term operating performance.
One of the world’s greatest culprits in environmental pollution is something we use every day and probably give the least consideration to its environmental impact: Our clothes. We take a look at some of the key materials used in sustainable clothing, and talk to Henry Schwab, CEO and CFO of Synergy Organic Clothing about his company’s dedication to sustainable methods.
While many conservatives and conservative think tanks claim that raising the federal minimum wage would bring only negative consequences, an analysis by the Congressional Budget Office (CBO) shows otherwise.
In-N-Out Burger, a fast food chain in California and the Southwest, starts its employees off at a wage of $10.50 an hour. Labor Secretary Thomas Perez makes a good point. If In-N-Out Burger can do it–remain profitable and still provide what has arguably been deemed a superior product–why can’t McDonald’s?
Monsanto shareholders followed the advice of the company’s board last month and voted down two resolution calling for more consumer access to information about GMO products. Nevertheless, the pressure seems to be mounting on the company, which conceded after the vote that it needs to do more. But does that mean it will back federal labeling standards?
Wesley “Branch” Rickey was an innovative professional sports executive, best known for breaking Major League Baseball’s color barrier by signing African American player Jackie Robinson in 1947. There was no statute officially banning African Americans from Major League Baseball, only a universally recognized and unwritten rule that no club owner had dared break.
Similarly, although there is no rule or law that women should not serve as CEOs, board members or senior-level managers of large corporations, culturally entrenched sexism exists and inhibits a woman’s ability to climb the corporate ladder.
Walmart’s recent downgrade by an equities research firm is only the tip of the news this week for the superstore retailer. Both inside its aisles and outside its doors, analysts say there may be a need for change. Is Walmart up to it?
Sugary drinks may be next on the list for state regulation in California. A senator has proposed warning labels for all high-sugar drinks sold in the state. If it passes, will it prompt other food laws as well? Let us know what you think!
At a renewable energy summit hosted by the Carbon War Room and Rocky Mountain Institute, the British Virgin Islands, Colombia, Dominica, Saint Kitts and Nevis, Turks and Caicos, and Saint Lucia all pledged to phase out diesel power and effect a transition to an energy infrastructure based on a mix of clean, renewable sources, energy storage systems, energy conservation and greater efficiency.
A sustainable economy will depend on policies that will help advance change on a societal level. Here are three important policies that will help–and specific actions you can take.