One of America's top activist investors is leaving his $16 billion hedge fund to start a socially responsible investment firm — and it represents a broader push toward stakeholder capitalism
Jeff Ubben's move is part of a larger trend of leaders saying that the role of a company is to benefit society at large.
The 10-step action plan leaders can use right now to create more equal workplaces during the pandemic and beyond
The coronavirus outbreak continues to lay bare systemic inequalities in the US workforce and economy.
200 CEOs from companies like Apple, Amazon, and Walmart are challenging the government to pass police-reform laws before Congress takes its break in August
Joshua Bolten, the head of the group, says racial injustice is a national problem that requires changes by both businesses and the government.
Melinda Gates and MacKenzie Bezos are partnering up to confront gender and racial inequality, starting with a $30 million grant. Here's how to qualify.
The contest is open to any US charitable organization and will have a special focus on elevating Black women and women of color.
Business leaders like billionaire Ray Dalio have said capitalism is in crisis. A new survey shows most Americans agree, and they want specific change.
Elon Musk said a college degree isn't required for a job at Tesla — and Apple, Google, and Netflix don't require employees to have 4-year degrees either
Students assume getting a 4-year degree is the only way into top companies like Tesla, Apple, and Netflix. But that isn't always true.
10 companies boosting benefits so employees don't feel isolated or lonely in the middle of the coronavirus crisis
Starbucks, Target, PwC, and others are increasing mental health benefits like access to apps and free counseling sessions.
JPMorgan's Jamie Dimon joins Ray Dalio, Mark Cuban, and other billionaires sounding the alarm on inequality in the US
Business leaders are highlighting the need for better childcare, more paid sick leave, and higher wages for American workers.
Apple, Ford, and GM are stepping up to address global shortages of ventilators, hand sanitizer, face masks, and gowns. Here's a running list of companies helping out.
Tim Cook, James Dyson, Mary Barra, and other leaders are responding to calls for more healthcare equipment.
Billionaire Ray Dalio says America's jarring inequality is a 'national emergency' that is threatening capitalism
According to the billionaire, capitalism as we know it is in crisis, and there needs to be bipartisan support for new policies.
How Microsoft is using AI to make the planet greener — and what other companies can learn from its environmental game plan
Microsoft has given out 230 grants to fund the use of AI to address climate change, and it levies a "carbon fee" for all businesses it works with.
'WHAT THE ACTUAL F***?????': Heiress Abigail Disney slams company for furloughing workers but protecting shareholder payouts and executive bonuses
Abigail Disney slammed the company's decision to furlough employees without first canceling plans to pay dividends and executive bonuses.
A Stanford economist says we're headed for a crisis worse than the Great Depression. Here's his plan for getting people back to work and spending on businesses.
Lawmakers need to look back to FDR-era policies for a "New New Deal" as a solution to the pandemic's economic fallout, Matthew Jackson said.
Macron told the Financial Times that if the EU doesn't help out countries such as Spain and Italy, it could lead to a rise in populism in Europe.
13 business leaders who have cut their salaries to $0 to help struggling workers as the coronavirus wreaks havoc on their industries
Comcast execs, Airbnb's CEO, and airline leaders at Delta, United, and Alaska have forgone salaries. So have GE, Lyft, Disney, and Marriott execs.
Billionaire Mark Cuban has a strong message for CEOs: Millennials and Gen Zers will send your brand 'straight into the toilet' if you lay off employees during the pandemic
Leaders of large companies should do everything they can to prioritize their employees during the novel coronavirus outbreak, Cuban said.
I was a VP at Alibaba during the SARS crisis in 2003. Here's what Jack Ma did to unite our team, accelerate revenue, and launch a new business amid the uncertainty of a pandemic.
"The door to my 真人百家家乐网站home was chained shut, a guard was stationed in my apartment building lobby, and I and 400 Alibaba colleagues were forced to run the company from our 真人百家家乐网站homes for 10 days."
The maker of Absolut Vodka and Jameson Irish Whiskey says it is converting its facilities to produce hand sanitizer that it will donate amid the shortage
The US faces a massive hand-sanitizer shortage and the company that makes Absolut Vodka and Jameson Irish Whiskey is pitching in to help.
JPMorgan just pledged $50 million in aid to small businesses and nonprofits as the coronavirus sends the economy into a nosedive
This is a "historic time of need" that requires businesses to step up and help their communities, a company executive told Business Insider.
There are 2 types of purpose, according to a Harvard professor — but only one of them boosts company productivity. Here's the question every manager should be asking to focus on the right kind of purpose.
HBS professor Rebecca Henderson said the data showed a major output gap between the top 10% of productive companies and the rest. The reason is purpose.
How Ben & Jerry's embrace of social issues set it apart from the competition, boosted its marketing, and helped it build a positive workplace culture
The ice cream giant's CEO tells us how social purpose can boost employee and customer engagement — as long as it's authentic.
Finland has universal healthcare, affordable childcare, free college, and copious paid vacations — and yes, it's in fact a capitalist country.
Levi's found a way to make hemp feel like cotton, and it could have big implications for your wardrobe
Levi's debuted a soft cotton-hemp blend, and its head of innovation expects to have 100% cottonized-hemp garments in five years.
'A fundamental reshaping of finance': The CEO of $7 trillion BlackRock says climate change will be the focal point of the firm's investing strategy
"In the near future — and sooner than most anticipate — there will be a significant reallocation of capital," CEO Larry Fink said in an annual letter.
Ray Dalio says that everybody is missing the key metric for saving America's economy from inequality — productivity
Ray Dalio said that the US must boost productivity through investments in things like education, and through bipartisan action.
Columbia professor and "Transaction Man" Nicholas Lemann chose these titles to illustrate the evolution of American capitalism.
Toys R Us is bouncing back from bankruptcy, and the way it's treating workers shows what American labor rights could look like in the next decade
Jobs with Justice executive director Erica Smiley says that "mirror boards" of employees should meet with executive boards when making decisions.
As the global wealth gap reaches a record high, experts say cryptocurrency could turn into a valuable tool to help solve the problem.
What investors need to know about opportunity zones, the controversial solution for inequality that has big bipartisan support — and that will be a top issue of the 2020s
Former Obama adviser Steve Glickman helped create a bipartisan movement to get wealthy Americans to invest in low-income communities across the US.
Big countries are refusing to tackle climate change, so companies are stepping in. Take an exclusive look at a tool the UN hopes will revolutionize the way these businesses track sustainability goals.
The tool was created by the nonprofit B Lab, and is set to launch in January 2020. Here's how companies that care about the environment can use it.
The art of activism: How Greta Thunberg's matter-of-fact way of speaking and taking action turned her into a global icon and Time's 'person of the year'
Her activism, which began over a year ago in Sweden, has blown up into a mass movement which culminated in the Global Climate Strike this fall.
Nobel laureate economist Joseph Stiglitz: It's time for Congress to do something about the economic mess that private-equity giants have created
Private equity's excesses should be reined in, and the Stop Wall Street Looting Act is a good place to start, says economist Joseph Stiglitz.
This 33-year-old economist hasn't just helped shape one of Elizabeth Warren's and Bernie Sanders' boldest policies — he's been changing how you think about wealth, whether you know it or not
Alongside his UC Berkeley colleague Emmanuel Saez, Gabriel Zucman has helped lead a resistance to the 2017 Republican tax cuts to fight inequality.
I worked at Toys R Us for 20 years before private equity killed my job. The same thing will happen to more workers if Congress doesn't take action.
Private-equity firms killed Toys R Us, but former employees are fighting back and raising concerns about private equity's role in the US economy.
A major nonprofit ranked U.S. companies for doing the best for their communities, workers, and the environment, and Salesforce and PayPal made huge jumps from last year.
Just Capital found that the companies that contribute to employees and communities also perform better.
Bill Gates got super rich through a classic billionaire strategy — creating a 'tollbooth' around an industry like John Rockefeller or Warren Buffett
Matt Stoller writes that billionaires run "tollbooths," meaning everyone who tries to pass through a certain chokepoint faces extraction.
JPMorgan CEO Jamie Dimon wants to help people with criminal records get jobs — and it's the latest example of how his ambitions stretch beyond finance into politics
JPMorgan Chase has launched its PolicyCenter in Washington, D.C., as the ambitious culmination of its growing corporate responsibility mission.
The Salesforce CEO wanted to buy Twitter until an 'omen' literally knocked him off his feet and the deal ended.
This year's 3 winners of the economics Nobel Prize revolutionized how we think about poverty. Here's an intro to their most essential research.
Newly appointed Nobel laureates Abhijit Banerjee, Esther Duflo, and Michael Kremer have changed the way we study and fight extreme poverty.
Dick's Sporting Goods destroyed $5 million worth of assault weapons — and its CEO tells us the gun industry's blowback has been 'a blessing in disguise'
Dick's CEO Ed Stack has been vocal on gun control. He told us why pulling back from gun sales has ultimately benefited his company.
'If you opt in, we will not leave you behind' — PwC's global chairman announces a $3 billion investment in job training
PwC, the global professional services firm, is investing $3 billion over the next few years into job retraining, which it sees as a competitive edge.
7 crucial developments from the UN's sustainability summit, and what they'll mean for businesses and our environment
This week's UN's SDG Summit showed heads of state requesting the private sector's urgent help, and business leaders answering the call.
Don't break up Big Tech, says Bill Gates. The world's second-richest man says regulation is the way forward — and he's speaking from experience.
Gates discussed the responsibilities of tech companies amid a slew of antitrust probes into Amazon, Facebook, Google, and Apple.
A group of major US companies just took out a full-page NYT ad pushing Apple, Amazon, and Walmart to 'get to work' prioritizing social responsibility over profits
The CEOs of dozens of major companies published a letter aimed at Apple, Amazon and others pushing for social responsibility.
We've chosen books from writers like Joseph Stiglitz and Amy Webb that make sense of where we are, how we got here, and where we should be headed.
Silicon Valley has become so money-obsessed, founders and venture capitalists keep accepting money from horrible people, and it's ruining all of us
Jeffrey Epstein was a tech investor. Saudi Arabia has pumped billions into WeWork and Uber. Silicon Valley has become morally bankrupt.
Years of research have shown such policies have health and career benefits for both parents. Netflix tops the list with its famous "unlimited" plan.
Bosses like me have had the power to force employees to work overtime for free. It's time to remind Americans overtime pay is a fundamental right.
For too long, employers have had the power to make employees to work overtime without pay. That needs to change — and Washington is leading the way.
The chairman of PwC said that after surveying more than 1,200 CEOs, he believes there are 4 things every leader must do
PwC's chairman, Bob Moritz, said that CEOs must commit their companies to a purpose that considers more than just shareholders.
Why the CEOs of Shell, BP, and 11 other major corporations have decided to lobby DC for climate change legislation
CEOs from major greenhouse-gas emitters are pushing President Trump and Congress for market-based climate change policies.