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News & Updates
January 17, 2017 Inequality, Inequality, Inequality: The Billionaire Philanthropists As Rich As Half The WorldSource: Forbes
Oxfam today released an analysis of global wealth that suggests eight men have a combined wealth comparative to that of the poorest 3.6bn people on the planet.
January 17, 2017 Walmart touts plans to add thousands of jobs in 2017Source: Bloomberg
Walmart on Tuesday announced that it plans to add 10,000 U.S. jobs and provide skills-building training to a quarter million of its workers by the end of 2017.
Source: Washington Post
LONDON — President-elect Donald Trump has given Brexiteers hope that there will be a bilateral trade deal in the offing as British Prime Minister Theresa May prepares to give a speech expected to signal that Britain is ready to...
January 13, 2017 Big Pharma on the Hot SeatSource: NY Times
Pharma is paying for getting too comfy with Donald J. Trump. The president-elect on Wednesday accused the industry of “getting away with murder” on drug prices. Investors had dismissed his earlier pledge to renegotiate costs as...
Overall, the hospitality industry—the country’s fourth-largest by income—employs 4.5m people, of whom at least 700,000 are from the EU.
January 13, 2017 Amazon to add 100,000 full-time U.S. jobs in next 18 months, growing domestic workforce 55 percentSource: Geekwire
Amazon just made a big statement about its continued growth aspirations, announcing that it plans to add another 100,000 full-time jobs in the U.S. over the next 18 months, an increase of more than 55 percent in its domestic...
January 13, 2017 Millennials are falling behind their boomer parentsSource: CNBC
With a median household income of $40,581, millennials earn 20 percent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group...
U.S. stocks ended higher after a choppy day on Wednesday as energy and technology gains countered a drop in healthcare stocks after President-elect Donald Trump said pharmaceutical companies were "getting away with murder" by...
Clean energy investment worldwide fell by 18 percent to $287.5 billion last year due to sharp falls in renewable technology prices and less spending on projects by large markets China and Japan, research showed on Thursday.
January 12, 2017 OPEC Boss Says Producers Will Decide in May If More Oil Cuts NeededSource: Bloomberg
Saudi Arabia will consider renewing its pledge to cut crude output in six months and has already reduced production by more than its targeted level, Energy Minister Khalid Al-Falih said.
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