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Why Some Companies Are Becoming Environmental Activists

(Lawrence Murray, CC BY 2.0)
(Lawrence Murray, CC BY 2.0)

Clothing brand Patagonia gives 1% of its sales “to support environmental organisations around the world”. Carpet-maker Interface takes an “aggressive approach” to reach its goal...

  • Rescuers work to raise the capsized ship Dongfangzhixing in the Yangtze River in Jingzhou, China,  on June 5, 2015. (ChinaFotoPress/ChinaFotoPress via Getty Images)

    Chinese Companies Are Literally Drowning in Debt

    We often hear about wasteful spending and investment in China. We also hear this is not going to end well.  Now the Australian investment bank... Read more

  • A view of the Federal Reserve in Washington, D.C., on Jan. 13, 2015. (Brendan Smialowski/AFP/Getty Images)

    Federal Reserve Rate Hike in Play for December

    NEW YORK—The recent slower pace of job creation likely takes an interest rate hike off the table when Federal Reserve policymakers meet in October but... Read more

  • Yuan banknotes and US dollars are seen on a table in Yichang, central China's Hubei province on Aug. 14. China's central bank raised the value of the yuan against the US dollar by 0.05 percent after three days of devaluation. (STR/AFP/Getty Images)

    When China Sells Reserves, It’s Selling Treasurys

    Yesterday we got another confirmation that China is selling more foreign exchange reserves to keep its currency stable. But what does this actually mean? Sure,... Read more

  • Shipping containers are loaded onto an international freighter at the international cargo terminal in Tokyo on May 21, 2014. (Yoshikazu Tsuno/AFP/Getty Images)

    We May Have Cinched TPP, but Is US Trade a Lost Cause?

    President Barack Obama, with fast-track negotiating powers in his back pocket, managed to seal the biggest trade agreement of the World Trade Organization era this... Read more

  • A view of Toronto’s financial district, home of the big Canadian banks, which should be able to expand internationally with greater ease due to the TPP. (The Canadian Press/Nathan Denette)

    TPP an Unequivocal Win for Canadian Banking, Insurance

    Canada’s financial services sector has a lot to gain from the landmark Trans-Pacific Partnership (TPP) deal whose negotiations concluded on Oct. 5. There is no... Read more

  • Treasury Secretary Jacob Lew arrives on Capitol Hill in Washington, Wednesday, June 17, 2015.  (AP Photo/Andrew Harnik)

    China Dumps Another $43 Billion of Reserves in September, Actual Outflows Could Be Far Higher

    First the good news. China sold only $43 billion worth of foreign exchange reserves, most of which was in U.S. Treasurys, in September. This number... Read more

  • International Monetary Find (IMF) Managing Director Christine Lagarde speaks during an event hosted by the Council of the Americas in Washington, Wednesday, Sept. 30, 2015. (AP Photo/Evan Vucci)

    IMF Downgrades Forecast for World, Emerging Market Economies

    LIMA, Peru—China’s slowdown and tumbling commodity prices will push global economic growth this year to the lowest level since the recession year 2009, the International... Read more

  • A clerk counts stacks of Chinese yuan at a bank on July 22, 2005 in Beijing, China. (China Photos/Getty Images)

    Chinese Yuan Global Now No. 4 but Far From No. 1

    China has been the world’s second largest economy for some time, ahead of Japan. Now it has also managed to overtake the yen as the... Read more

  • A Chinese dancer at the New York Stock Exchange (NYSE) on July 27, 2015. (Spencer Platt/Getty Images)

    5 Ways the US Is More Competitive Than China

    China’s economy must be more competitive than that of the United States; after all, they sell more goods to us than we sell to them... Read more

  • Social Democratic Party's leader and current Portuguese Prime Minister Pedro Passos Coelho at a political rally for the upcoming Oct. 5, 2015, government election, in Braga, on Sept. 27, 2015. (Francisco Leong/AFP/Getty Images)

    Austerity: Portugal Is on a Different Path to Greece and Spain—Here’s Why

    There is an air of calm in Portugal. Like Greece and Spain, Portugal was bailed out by international creditors and underwent austerity measures that included... Read more

  • Portugal's national flag in Lisbon on June 27, 2012. (Patricia de Melo Moreira/AFP/GettyImages)

    Is Portugal a Poster Child for Austerity?

    Austerity works. That’s the message of Pedro Passos Coelho, the Portuguese prime minister, to voters. After three years of recession, Portugal registered a return to... Read more

  • FILE - In this Aug. 19, 2013 file photo, a Philadelphia business displays a help wanted sign in its storefront. (AP Photo/Matt Rourke, File)

    Apart From Low Unemployment, Just How Healthy Is Job Market?

    WASHINGTON — The U.S. unemployment rate — now just 5.1 percent — grabs a lot of the attention each month when the government issues its... Read more

  • Secretary of State John Kerry, with U.S. Trade and Development Agency (USTDA) Director Leocadia Zak (R) and Overseas Private Investment Corporation (OPIC) CEO Elizabeth Littlefield, speaks at a press conference on Aug. 5, 2014, during the U.S.-Africa Leaders Summit in Washington, D.C. (Jim Watson/AFP/Getty Images)

    8 Reasons Congress Should End Taxpayer Support for the Overseas Private Investment Corporation

    The Overseas Private Investment Corporation (OPIC) provides loan guarantees, political risk insurance, and direct loans to U.S. and foreign companies to encourage investment in developing... Read more

  • Ships sit moored at Seattle's Terminal 5, including the Royal Dutch Shell support vessel Aiviq (C), on May 6, 2015. (Elaine Thompson/AP)

    Shell’s Abandoned Well and the Myth of the Arctic Oil Land Grab

    After seven years of preparation and several billion dollars spent, Shell has decided to abandon its exploration program in the U.S. Arctic “for the foreseeable... Read more

  • Workers paint the Julien Dubuque Bridge along U.S. 20 in Dubuque, Iowa, on Aug. 24, 2015. (Dave Kettering/Telegraph Herald via AP)

    Job Report Should Boost Fed’s Plan to Hike Rates This Year

    On Friday the U.S. Labor Department is expected to report the economy added 203,000 jobs in September. The data should further support Federal Reserve plans... Read more

  • A welder works in a factory in Quebec City in this file photo. Manufacturing advanced 0.6 percent in July. (The Canadian Press/Jacques Boissinot)

    Second Straight Month of Growth for Canadian Economy

    OTTAWA—Looking to shake off its slump, the Canadian economy grew for a second consecutive month in July, helped by a continuing rebound in the oil... Read more

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