Companies that are underperforming in comparison to their competitors or to their goals are more likely to experience a decrease in racial and gender diversity rates on their boards, a newly released study has found.
Grocery prices are continuing to rise—although more slowly. That bit of good news is likely to be little consultation to Americans who are continuing to see the prices of staples skyrocket.
For many years, Americans have had a holiday right after Thanksgiving that prompted a lot of buying. It is called Christmas. But it was a whole month away, and allegedly predicated on some non-retail themed historical event, so unto us a new ritual was born, known as Black Friday. It too has history; it’s the day when many retailers’ accounts move into the black. To mark this miracu…
Read more
Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its equity stake in the company.
Musk has acknowledged he overpaid for Twitter, which he bought for $44 billion, including $33.5 billion in equity. More recently, he said Twitter is worth less than half what he paid for it. It’s unc…
Read more
In the wake of wildfires that ripped through Maui last week, many are seeking answers about what caused the deadliest wildfire in the U.S. in over a century. That search has put Hawaiian Electric, which serves 95% of the island state’s 1.4 million residents, in the spotlight. The utility provider is facing a lawsuit over alleged inaction in the face of the destructive Lahaina wildfire that ha…
Read more
After having been cast aside for years, equality of gender, race, and sexuality have risen up the ranks of importance to become issues that are addressed in the boardroom. Yet one category is strikingly absent: disability inclusion. Perhaps this is because disability comes in many forms, and as a result necessitates a multi-layered, thorough approach. One could also argue that there is an uncon…
Read more
Addison Seale manages a luxury Airbnb Inc. listing near Joshua Tree National Park in southern California, a short-term rental market that boomed during the pandemic as people fled cramped cities in search of outdoor space. The house is sleek—a single story, three-bedroom concrete home with a deck, hot tub, small above-ground pool and a striking view of the desert. But to set the home apar…
Read more
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022.Anna Moneymaker | Getty Images
A federal judge on Friday rejected Astra…
Read more
Injection pens of Novo Nordisk's weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023.Victoria Klesty | Reuters
Cigna on Thursday said it will limit how much health plans and employers spend on weight loss d…
Read more
A 2022 Ford Motor Co. Maverick compact pickup truck during the Washington Auto Show in Washington, D.C., on Friday, Jan. 21, 2022.Al Drago | Bloomberg | Getty Images
DETROIT – Ford Motor's U.S. sales jumped 10.5% last month compared with Februar…
Read more