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The shift goes beyond doing good with money: Analysts expect that companies that improve their profiles – say, with a commitment to reducing carbon emissions or adding diversity to boards – can benefit from a valuation boost as the stocks become palatable to more investors.
There has been too much focus on equilibrium
Tesla is pushing for global expansion and looking to open more factories around the world. WSJ analyzes three speeches by Elon Musk to understand the company’s strategy to beat competitors and overcome regulatory hurdles to take more of its vehicles to the roads.
There are millions of U.S. vacancies as the pandemic eases, but the reasons are more complicated than what those with a partisan agenda on the left or right claim
Should central banks do something about inequality and, if so, what? This has become a hot topic, which has persuaded the Bank for International Settlements to focus on it in its latest annual report. Its conclusions are what one would expect: monetary policy is neither the main cause of inequality nor a cure for it. Broadly speaking, this is correct. But in a world in which central bankers have become such aggressive actors, it may not be enough.
The Norwegian government has sharply criticised the board and management of low-cost airline Norwegian Air Shuttle for paying bonuses to both its current and its recently fired chief executives.
Critics have argued that the rule requiring companies to disclose the ratio of CEO compensation to employee pay is too expensive and time consuming, with the U.S. Chamber of Commerce estimating the cost to U.S. companies at more than $700 million per year.
Mitsubishi UFJ Financial Group shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment.
Telus Corp. won investor support for its ambitious environmental goals by selling $750-million of bonds on Monday that pay a low interest rate if the telecom company cuts greenhouse gas emissions, but a much higher rate if it misses its goals.
The biggest US banks on Monday announced plans to pay investors an extra $2bn of dividends next quarter after the Federal Reserve loosened restrictions on payouts to shareholders imposed during the Covid-19 pandemic.
The recent failure of U.S.-based Archegos Capital Management, a family office that made large, risky bets on a handful of stocks, could be a sign of how more investors might get tripped up by overreacting to inflationary risks, the global club of central banks warned on Tuesday.
Firms are coming under increasing pressure to close and disclose their gender pay gaps. The pressure stems from several sources, including, (i) socially conscious investors; (ii) interest groups advocating the incorporation of ESG factors into corporate decision-making and stakeholder capitalism more broadly; (iii) influential capital market intermediaries such as index providers; and (iv) regulators.
The company says the warehouse will create more than 1,000 full– and part-time jobs.
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Companies in Canada’s energy and utilities sector are among “the most targeted” by cybercriminals, according to documents obtained by The Logic. Thirty-nine per cent of respondents from the sector to a Statistics Canada survey said they were impacted by an incident in 2019, nearly double the average across 23 sectors surveyed. “Cybercriminals will almost certainly continue to target” the sector, causing concerns for “national security, public safety and the economy.”
Server-chip delay comes as rival AMD has taken market share
Expansion in the factory sector slowed in June, while the services sector softened as Covid-19 outbreaks dampened consumer sentiment
Many travelers are wondering why they still can’t visit their neighbor to the north. Here’s why the border remains closed.
Elevated inflation will compel the Federal Reserve to raise US interest rates at least twice by the end of 2023, according to a new poll of leading academic economists for the Financial Times.
While the end of the pandemic is still far, the economy will have to restart.
According to US SIF Foundation, $9.8 trillion of sustainably invested assets use corporate engagement and shareholder action to influence corporate sustainability, including via strategic engagement, filing shareholder proposals, and proxy voting. The 2021 proxy season set new records with at least 467 shareholder resolutions on environmental, social and governance (ESG) issues.
Canada’s two largest railways remain at loggerheads about the first major U.S. railway acquisition in more than 20 years as the deadline for public comments about Canadian National Railway Co.’s voting trust for Kansas City Southern comes to a close.
Catching up will be hard to do
Declan Kelly has resigned as chairman and chief executive of global consulting firm Teneo Holdings LLC after reports of drunken misbehavior at a charity event last month.
The airline plans to buy 270 Boeing and Airbus planes as well as retrofitting some of its existing narrowbody fleet
With all the talk about inflation and housing bubbles and government debt and what central bankers are (or, rather, aren’t) doing about it, you might have missed what’s been happening with the Bank of Canada’s bloated balance sheet.
It’s not so bloated any more.
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Scoop.it!
