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News & Updates
October 21, 2019 Dutch come out on top: Mercer indexSource: Top 1,000 Funds
The Netherlands’ $1.5 trillion pension industry has been named the best in the world for a second year running, boosted by an increase in the net household saving rate, according to the annual global study, the Melbourne Mercer...
With consumers being more environmentally-conscious than ever, it’s no surprise that sustainability has become a familiar refrain in the fashion industry. But are brands delivering on it? That’s a different story.
Ford doesn't currently offer any electric vehicles, but it announced Thursday that, once it does, it will offer the largest North American network of electric vehicle chargers of any automaker — including Tesla.
October 17, 2019 U.S. economy expands but trade tensions weigh, Fed survey showsSource: CNBC
The U.S. economy expanded at a slight to modest pace in September and early October but many firms are more downbeat about the months ahead, a Federal Reserve report said on Wednesday, the latest sign that the impact of U.S....
October 17, 2019 US green economy’s growth dwarfs the fossil fuel industry’sSource: Ars Technica
According to new data, by 2016 it was generating more than $1.3 trillion in annual revenue and employed approximately 9.5 million people—making it the largest green market in the world. It has been growing rapidly, too—between...
October 17, 2019 GM, UAW agree on tentative labor contract that could end a monthlong strike by 48,000 workersSource: CNBC
DETROIT — General Motors and union leaders have reached a tentative deal on a new labor contract that could end the United Auto Workers’ monthlong strike against the automaker, the UAW said Wednesday.
October 16, 2019 More large-scale investors are skittish about an ESG strategy at the expense of returns: surveySource: MarketWatch
That is according to the Royal Bank of Canada’s RY, +0.53% fourth annual survey on responsible investing, which found that 18% of institutional investors globally said an environmental, social and governance strategy will...
October 15, 2019 Deutsche Bank reportedly hired unqualified relatives of Beijing's political elite in a bid to win over ChinaSource: The Week
Deutsche Bank has been under a lot of scrutiny recently, mostly due to its role as the primary lender to President Trump. But it turns out the bank also has a questionable history in China, The New York Times, along with German...
October 15, 2019 J&J Faces 100,000 More Damage Claims After Taking $8 Billion HitSource: Bloomberg
Just last week, a jury ordered J&J to pay $8 billion for wrongfully pushing doctors to prescribe the anti-psychotic drug Risperdal. While the amount the company pays for the verdict will probably be significantly less, it came on...
October 15, 2019 Harley pulls plug on LiveWire production shortly after EV debutSource: Tech Crunch
Harley-Davidson has halted production and delivery of its first electric motorcycle, the LiveWire, after discovering what the Milwaukee-based manufacturer described as a non-standard condition.
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