https://www.economist.com/finance-and-economics/2020/10/28/the-overseas-activities-of-chinese-banks-shift-up-a-gear During the midterm, class discussions, and even in previous class presentations we have talked about the World Bank, and how its primary purpose is to provide loans and financial assistance to developing countries across the world. This is not the only form of economic financial assistance that occurs in ...
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The Panama Papers
Lucas Browne, October 2020 The “Panama papers” affair in 2016 was the biggest data leak in corporate history. 2.6TB (2600GB) of data was leaked from the Panamanian law firm Mossack Fonesca to the German newspaper Süddeutsche Zeitung. The leak consisted of some 11.5 million documents and over 20 million emails. ...
Read More »Are Amazon Jobs Worth 1,400 Loads of Traffic? French Region Is Split
How could a community home to one of the most popular tourist attractions in France need a bailout from Amazon? The Gard, home to Pont du Gard, an ancient Roman aqueduct has 1 million visitors per year. Despite this frequent tourism, the Gard has one of France’s highest unemployment rates, ...
Read More »China’s Next Problem Is Recycling 26 Million Tons of Discarded Clothes
First impressions are everything. For the Chinese citizens, a culture has spread to avoid recycled and reused clothing; in other countries ecofriendly and reused clothing aren’t regarded as negatively. This unfortunately doesn’t match up well with the 26 million tons of clothes that are discarded, and the 1% that actually ...
Read More »Alaska Airlines and Microsoft sign partnership to reduce carbon emissions with flights powered by sustainable aviation fuel in key routes
As the world faces a huge climate crisis many large companies are moving towards more sustainable practices as well as pushing for more sustainable development. They are doing this by tweaking the necessary, everyday things they have to do in order to replace them with more sustainable and environmentally friendly ...
Read More »Lawsuit exposes Apple’s recycling program
Apple recycling robot. In January, Apple filed a lawsuit against Canadian recycling company GEEP, claiming that they violated their contract. The tech giant accuses GEEP of reselling their products, instead of shredding them like they were supposed to. According to the lawsuit, no less than 100,000 iPhones and iPads that ...
Read More »Pfizer Coronavirus vaccine
Evan Steinberg, October 20, 2020 On Friday, October 16, Pfizer announced that they will not be seeking an emergency authorization of its coronavirus vaccine before the third week in November. This represents a stark shift from previous statements the company CEO, Dr. Albert Bourla, has made stating that their vaccine ...
Read More »The Invisible Crisis: Fiscal Policies in a Pandemic
The novel coronavirus pandemic has brought lasting impact on every aspect of previous normality and has most importantly led to the death of approximately 1.1 million individuals. In addition to this invisible threat, the pandemic has demonstrated the true resilience of national governments and their ability to protect its citizens, ...
Read More »Should we trust the Auction Theory for Recourse Allocation to businesses?
Auctioning has long been a staple method of purchasing goods or services, with many believing it is as old as the marketplace itself. While many may think that the usage of auctioning has declined over the past few decades, it has grown in importance regarding governments determining where to sell ...
Read More »US Blocks Malaysian Palm Oil Producer for Human Rights Violations
US Blocks Malaysian Palm Oil Producer for Human Rights Violations Two weeks ago, an AP news article exposed troubling information regarding the palm oil industry in Malaysia, the second largest producer of palm oil in the world behind Indonesia. Last year, a petition was filed by various nonprofit organizations, asking ...
Read More »Yelp Takes A Proactive Stance Against Racism on Their Platform
Yelp Takes A Proactive Stance Against Racism on Their Platform Since the murder of George Floyd in May, many businesses have taken steps to combat racism on their online platforms and in their physical communities. A recent example of a commitment to combat online racism comes from the company ...
Read More »The Brilliant Curse: Brain-Computer Interfaces and Societal Digitalization
Over the course of the novel coronavirus pandemic and the ensuing extended liberty of time, individuals have similarly become drawn to their electronic devices for longer durations as well as integrated their handheld devices increasingly into their day. In response to the shifting parameters of normality, all sectors of the ...
Read More »Ransomware Attacks Threaten Patient Privacy
By Rebecca Joseph “Ransomware Attack Hits Universal Health Services” from The Wall Street Journal” https://www.wsj.com/articles/ransomware-attack-hits-universal-health-services-11601341873 September 28, 2020 On Sunday, September 27, Universal Health Services Inc. (UHS) fell victim to a ransomware attack. UHS is one of the largest hospital networks in the nation. They had to shut off computer ...
Read More »Amazon’s New COVID Friendly Payment Method
From “Amazon’s New Payment System Lets You Pay With Your Palms” How Does ‘Amazon One’ Work? Is it safe?” Published on September 29, 2020 Today we are living in a world full of fear, simple concepts such as paying for your groceries has become concerning especially for those at risk ...
Read More »Why Are There Still So Few Black CEOs?
By: Grace Tonrey Article By: Te-Ping Chen Article From: The Wall Street Journal “Out of the chief executives running America’s top 500 companies, just 1%, or four, are Black.” According to Te-Ping Chen’s article titled ” Why Are There Still So Few Black CEOs?”, “Among all U.S. companies with 100 ...
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