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News & Updates
December 4, 2013 Investors representing more than $1 trillion in assets win better sustainability disclosure and performance from emerging market companies
L'online di Tribuna Economica - In addition, the educational outreach to companies and other key stakeholders ... including improvements in sustainability reporting and policies. In South Korea, the local EMDP team made steady...
The Wall Street Journal - Most U.S. states are heading into 2014 in stronger fiscal shape than they were a year ago, though a handful are likely to see their budgets stressed further next year amid rising retirement benefit...
December 4, 2013 Judge gives Detroit green light on bankruptcySource: CBS
DETROIT - The way was cleared today for largest public bankruptcy in the history of the United States. A federal judge said the "once proud and prosperous city" of Detroit "can’t pay its debts" – much of it owed to city workers...
December 4, 2013 E.U. Hits 8 Banks with 1.7 Billion Euros in Fines for Rate RiggingSource: NY Times
LONDON — The European Union has fined eight banks a combined 1.7 billion euros in a historic accord over alleged collusion to fix two benchmark interest rates. The settlement, worth about $2.3 billion and announced by European...
brandonsun.com - An agreement on simplifying customs procedures could help ... they may hinder countries from setting their own priorities in environmental protection, worker rights, food security and other areas. And they say...
Reuters - NEW YORK, Nov. 1, 2013 /PRNewswire/ -- "Only 22 percent of Americans trust the financial system. Despite a broad stock market rally since the financial crisis officially ended, public distrust of banks and investment...
December 3, 2013 European Stocks Fall With S&P 500 Futures as Pound GainsSource: Bloomberg
Stocks in Europe fell for a third day and U.S. equity-index futures declined. The pound approached a two-year high against the dollar after an industry report showed U.K. construction activity expanded.
December 3, 2013 Detroit Braces for Bankruptcy RulingSource: NY Times
DETROIT — A federal judge is expected to rule Tuesday on whether Detroit is eligible for bankruptcy protection, a crucial step in the city’s effort to pay off part of its overwhelming debt and to begin rebuilding its vastly...
December 3, 2013 Key details of decision over Ill. pension crisisSource: USA Today
SPRINGFIELD, Ill. (AP) — Illinois lawmakers are convening in the state Capitol for what could be a historic vote to finally close the gap on the state's $100 billion public pension shortfall, which is considered the nation's...
December 3, 2013 Wealth Inequality in the US Is Much Worse Than People Think; Thin Line Between Lower-Middle Class and PoorSource: Christian Post
Wealth inequality in the United States is much worse than people think. There is a thin line between the collective earnings of the lower-middle class and poor, while the gap between them and the ridiculously rich is a shocking...
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