The “sustainability recession” will soon end, and not by choice

The “sustainability recession” will soon end, and not by choice

Corporate sustainability is in trouble. We are in what my colleague and sustainability thought leader John Elkington calls a “sustainability recession.” I think of it as a malaise, and it’s like walking through molasses. Sustainability, as well as the related but different ideas of environment, society and governance (ESG) and diversity, equity and inclusion (DEI), … Read more

Wells Fargo enables CDFIs to expand their impact on small businesses

Wells Fargo enables CDFIs to expand their impact on small businesses

Cupcakin’ Bake Shop: Fresh, handcrafted cupcakes in San Francisco and Atlanta. Cupcakekin’ Bakery Wells Fargo’s Open for Business Fund*, created with $420 million in Paycheck Protection Program processing fees, provided a lifeline to struggling small businesses during the pandemic. By offering flexible grants to more than 200 nonprofits, including Community Development Financial Institutions, the fund … Read more

Scotland scraps universal winter fuel payments for pensioners

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PA Media Annual winter fuel payments amount to between £100 and £300 The Scottish Government has confirmed that it will follow the UK Government’s lead and stop providing winter fuel payments to all pensioners. Instead, the benefit will be means-tested, while the introduction of a Scottish benefit to replace it has been delayed. Scotland’s Social … Read more

Defense tech acquisition spree has begun: Autonomous factory startup Hadrian acquires Datum Source | TechCrunch

The defense tech acquisition spree has begun: Autonomous factory startup Hadrian acquires Datum Source

Hadrian founder and CEO Chris Power is tired of turning down startups. Since 2020, Power has raised $220 million for Hadrian, a largely autonomous factory that mass-produces parts for space and defense companies. While Hadrian has produced parts for major defense companies, it has had to turn away some defense technology startups because they have … Read more

The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

The increasing popularity of smart home technologies, as well as improvements in AI and machine learning, which improve the effectiveness and ease of use of these devices, are driving the growth of the residential robotic vacuum cleaner market. WILMINGTON, Del., August 14, 2024 /PRNewswire/ — Allied Market Research published a report titled, “Residential Robotic Vacuum … Read more

US CPI, UBS earnings, UK inflation: What’s moving markets By Investing.com

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Investing.com — All eyes will be on the U.S. monthly consumer prices release later in the session as investors look for confirmation that the Federal Reserve will begin cutting interest rates in September. Inflation in the U.K. was relatively benign, while UBS impressed with its quarterly earnings. 1. US CPI in focus It is now … Read more

Cambridge Shakespeare Festival: Major victory on employment law | Equity

Cambridge Shakespeare Festival: Major victory on employment law | Equity

An employment tribunal has ruled that two actors previously employed by the Cambridge Shakespeare Festival were actually “workers” rather than volunteers. This means that the performers were entitled to at least the national minimum wage and other basic employment rights such as paid holidays, minimum breaks and pensions. In breach of these rights, the Festival … Read more

UK State Pension: New basic rules for inheritance after someone dies

UK State Pension: New basic rules for inheritance after someone dies

The state pension, which provides a steady income to nearly 12.7 million older people in Britain, is administered by the Department for Work and Pensions (DWP). It is paid to those who have reached the UK government’s pension age (now 66 for both men and women) and have made at least 10 years of National … Read more