In The News

Josephine Cumbo and Robin Wigglesworth November 26, 2019
Since the financial crisis in 2008, many central banks have implemented easier monetary policies and other tools to stimulate economic growth. Due to those efforts, the interest rates have dropped in many countries, in turn reducing investment gains and swelling debt of pension funds. In some extreme cases, such as Sweden and Switzerland, the central bank policy rate falls below zero, or negative...
Tim Harford November 23, 2019
As many as 2.5 billion people worldwide need but do not have eyeglasses. The Vision Council of America suggests that 75 percent of adults need eyeglasses to read, drive and work. Glasses, often taken for granted in developed nations, support worker productivity and safety. Yet millions worldwide lack access to eyewear. “And many of those people may have no idea glasses could help them,” explains...
Kazuaki Nagata November 9, 2019
Companies could save money by trying a four-day workweek, sharpening employee focus while providing more time for home life. Microsoft tested a four-day workweek for one month in Japan and discovered that productivity increased among sales staff by 40 percent. The experiment did not reduce pay, and every Friday in August was a paid holiday. Management also asked workers to communicate more over...
Kristina Läsker October 28, 2019
Thousands of people in Sweden, Germany, the UK and the US have agreed to implant microchips embedded in glass tubes the size of a rice grain in their bodies. For travel conglomerate TUI staff volunteers in Stockholm, the chip allows them to open doors and other electronic locks and activate printers. Employees assume risks. TUI is based in Germany, where such a workplace plan is described as a “...
Maitane Sardon September 29, 2019
Investors prefer hearing about environmental, social and governance impacts from companies rather than surprise announcements from the media or government investigations. The term ESG investments was coined in 2005. “[W}hile companies that don’t disclose environmental and social data may not always lose investors, they are more often being passed over by new investors, in favor of firms with...
Matthew Syed September 18, 2019
Numerous commissions have reviewed the activity leading up to the 9/11 attacks, hunting for strategies that might have prevented the threat. Of course, detecting threats in advance is challenging, but there were clues – reports of Saudi men attending flight school with no interest in landing. The problem may have been a systemic lack of diversity, notes Matthew Syed. The CIA has no trouble hiring...
Zhou Zin September 16, 2019
Consumers gravitate toward low prices, and companies have sought low cost labor to compete. In the early 20th century, US companies relocated from union-dominated northern states to the South, and since the 1970s, manufacturing shifted toward China and other countries with low wages and standards. The Chinese owner of a car glass factory based in Ohio blames unions for a decline in US...