All Economy
Venezuela crisis raises question: When is buying bonds unethical?Goldman Sachs stirred an uproar with a May bond investment in Venezuela鈥檚 state-owned oil company, at a time when citizens there face food shortages and a dictatorial regime.
First LookChinese food regulation sparks disapproval from 37 nationsIn a recent proposal of a WTO regulation regarding foreign food, China asked for an additional inspection guarantee on all imported goods. Those opposed to the regulation say it would affect billions of dollars鈥� worth of products and waste precious resources.聽
As Millennials take leadership roles, it spells change in corporate cultureAs young workers move toward the C-suite, companies are making big changes to retain and nurture them聽鈥撀爁rom moving downtown to better aligning businesses with their values.
First LookUber CEO resigns, company hopes to embrace a new chapter of growthThe world's largest ride-service company attempts to end a string of scandals and avoid further toxic leadership as Uber's CEO Travis Kalanick聽resigns under investor pressure.聽
First LookEU's first disagreement: Who should host newly displaced regulators?The 27 remaining European Union states spar for the first time since the Brexit decision over where banking and medical regulators should be based after leaving London.
With Amazon deal, retailing revolution aims at your dining tableA year ago, 28 percent of Millennials said they sometimes shop for groceries online. This year it's 43 percent. That doesn't spell the end of physical food stores, but times are changing.
First LookGrocery wars: Amazon set to expand its delivery with purchase of Whole FoodsWhole Foods has been struggling to stay competitive in the organic marketplace. Amazon wants to expand its online grocery-delivery markets. Now the online retail giant is buying Whole Foods in a deal valued at about $13.7 billion.
First LookRenters and would-be homeowners face increasingly tough housing market, study findsA report from Harvard University reveals why housing is a growing struggle for homeowners and prospective buyers alike: More people are spending more of their incomes on housing; demand exceeds availability; and high rents prevent would-be buyers from making a down-payment, among other trends.聽
First LookSwiss ingenuity and rising underdogs revealed in 2017 Innovation IndexFor the seventh consecutive year, Switzerland is the most innovative country in the world, according to the 2017 Global Innovation Index. The rankings also showcase the efforts of rising leaders, with India and China climbing three and six spots on the list, respectively.
Chaos at Uber reverberates in industry known for 鈥榝rat-boy鈥� cultureEven by Silicon Valley standards, Uber is an outlier for its volume of harassment charges and other ethical controversies. But the scrutiny is resulting in a mandate for change from the firm's board.
First LookTrump administration pushes for apprenticeshipsPresident Trump wants to reform American attitudes toward skilled trades that don鈥檛 require four-year college degrees. But can the administration scale up the program while meeting current challenges facing apprenticeships?
Newest home buyers: the generation known for not owning stuffAs Millennials enter the housing market in greater numbers, they鈥檙e increasingly rebelling against rising rents. Many need help on the path to homeownership, but the market is adapting to their new demand.
FocusTrump鈥檚 dream of blue-collar jobs? In Kokomo, success calls for more.Indiana enjoys humming auto plants. The city of Kokomo, however, shows how economic success can hinge not just on factories but on a 鈥榩eople first鈥� model of growth.
First LookBritish currency plummets in wake of election, while other currencies remain stableDespite economic unrest in Britain, the global market generally remains unaffected by Thursday's British election upset. This unexpected political development could create complications with Brexit negotiations.
Forget Mexico. Could solar energy pay for Trump鈥檚 border wall?The idea for solar panels contrasts with President Trump鈥檚 prior focus on pushing Mexico to fund his proposed wall. It doesn鈥檛 soften liberal opposition but could bolster Republican support in Congress.
First Look'Triple Threat Thursday': European stocks rise, pound and euro stay flat in global market shiftsMarkets around the world expanded and contracted in response to political events 鈥� announcements, elections, trials, and dissolving international relations 鈥� but remained surprisingly stable.
First LookUber cleans house to repair its tainted brand imageTwenty firings, one important hiring, and a hotline for employee complaints:聽Uber works toward improving its corporate culture after allegations of harassment.聽
In Canada, a law says workplace has role in fighting domestic violenceSupporters say the benefit can ease the economic barriers to escaping abusive situations, while聽increasing transparency for an issue long treated as private. A law has been passed in Manitoba, and one is under consideration in Ontario.聽
Michigan鈥檚 new water battle: How much of it should Nestle bottle?The company says pumping more groundwater won't hurt the environment. But public opposition is significant, amplified in part by the Flint crisis.
OPEC production cuts: What they mean from US gas pumps to African wellsOPEC nations agreed to extend production cuts, which could set the stage for higher oil prices worldwide as early as next year, analysts say.