The federal government is considering new laws that could stymie the advent of “woke” corporate policy among Australia’s biggest businesses. On Friday, Treasurer Josh Frydenberg announced consultations around possible new laws—modelled on U.S. and UK legislation—that will force shareholder proxy firms to be more transparent with their decision-making process. Proxy firms work for major shareholders…
Australian Treasurer Proposes New Laws That Could Hinder Woke Corporate Policy
May 2, 2021
admin
AustraliaBusinesscancel cultureCompaniesFeatured TopicsInternationaljosh frydenbergUSwoke capitalismWorld
0 Comment
Soaring Lumber Prices Add Nearly $36,000 to the Price of a New Home: NAHB
Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to new analysis by the National Association of Home Builders (NAHB), with the price spike threatening to hobble the momentum of the U.S. housing market, one of the bright…
Soaring Lumber Prices Add Nearly $36,000 to Cost of New Home: NAHB
Skyrocketing lumber prices that have tripled over the past 12 months have added $35,872 to the cost of an average new single-family home, according to new analysis by the National Association of Home Builders (NAHB), with the price spike threatening to hobble the momentum of the U.S. housing market, one of the bright stars of the recovery…
Intel Seeks $10 Billion in Subsidies for European Chip Plant
BRUSSELS/BERLIN—Intel wants 8 billion euros ($9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was cited as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies. The pitch is the first time Pat Gelsinger has publicly put a figure on how…
Amazon Expects Spring Windfall as US Economy Reopens, Posts Record Profits
Amazon.com Inc, one of the biggest winners of the pandemic, posted record profits on Thursday and signaled that consumers would keep spending in a growing U.S. economy and converts to online shopping are not likely to leave. Since the start of the coronavirus outbreak, shoppers have relied increasingly on Amazon for delivery of home staples,…
Never Send Unsolicited Money to the SSA
Every once in a while, I get an email from a reader with a horror story of sorts involving sending unsolicited money to the Social Security Administration to pay back benefits that were received but were not due. Here is my advice: Never send money to the SSA until you are asked to do so….
How Can the American Rescue Plan Act Help Your Family?
Dear Readers: With most eligible individuals having already received their $1,400 stimulus payment, it’s easy to overlook some of the other benefits of the recent American Rescue Plan. Of course, the extra money upfront will make a significant difference to many struggling families. And even if you’re caught up on your bills, these economic impact…
Twitter Stock Drops After Weak Quarter, Missing Target on User Growth
Twitter’s stock dropped about 13 percent on Friday to $56.74 per share after the firm issued weak second-quarter guidance on revenue growth while its user numbers fell short of expectations. The San Francisco-based tech giant said its average monetizable daily active users increased 20 percent year-over-year to 199 million. Some analysts had expected the number…
Mall Traffic Surges as Incomes Rise and Americans Go on Shopping Spree
Shoppers returned to malls in droves in March, boosted by a sharp rise in personal income and a strong boost in consumer spending, reinforcing the view that a recovery in the pandemic-stricken retail sector is building steam. Foot traffic at a sample of 50 malls in March was up 86 percent from the same month…
Royal Caribbean Aims to Resume US Cruises in July After New CDC Guidance
Royal Caribbean Group said on Thursday it was aiming to restart its U.S. cruises in July after the U.S. Centers for Disease Control and Prevention (CDC) issued new measures to speed up approvals, sending its shares up 2.5 percent. Late on Wednesday, the CDC made public a letter to the cruise industry that said it…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta