Commentary An old rule of thumb among policymakers and economists holds that the more the government taxes something, the less of it the economy gets. Recent research from Harvard University, the Harvard Business School, and the University of Chicago not only verifies this old saw, but it also puts some precise figures on it. The…
Israel’s One Zero Digital Bank Gains Full Licence
JERUSALEM—One Zero Digital Bank has received final regulatory approval for a full banking license, the Bank of Israel said on Monday, becoming the first new Israeli bank in 43 years. Having gained a restricted license in December 2019, One Zero operated on a trial basis initially but has now met all criteria, including raising the…
Wood’s Flagship ARK Fund Deep in the Red, yet Investors Stay Loyal
NEW YORK—One year after her Ark Innovation ETF than doubled and made her a household name, star stock picker Cathie Wood is poised to join a small club that no one aspires to be a part of: portfolio managers who have seen their funds go from first to worst in the span of 12 months….
Young Entrepreneurs Take on India’s Sanitation Woes With Low Carbon Public Toilets
NEW DELHI—A group of young social entrepreneurs is trying to solve some pertinent sanitation problems in India by building public toilets with materials that lower carbon emissions. Ashwini Agarwal, 31, was a student at the Delhi College of Art and Commerce when he made his first public toilet in 2015 outside one of India’s largest…
10 Keys to Teamwork
November 18, 2021
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AnalysisBusiness & EconomycollaborationcommunicationsCompaniesinnovationleadershipOpinionScienceScience NewsTeamworkTechTips & Tricks
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By Belén Gómez Pereira If it takes one hour for a person to complete a task, how long would it take two? The mathematical answer would be: “30 minutes.” But when working as a team, the efforts of the members are enhanced, reducing the time of action and increasing the effectiveness of the results. This…
More Government Focus on Fostering Business Sector Would Spur Canada’s Sluggish Economic Growth: Economist
Canada’s competitiveness and economic growth are being hampered by restrictive policies and the government’s disinterest in fostering the wealth-producing business sector, an economist says. “There’s an increasing feeling in this country that something has gone wrong with our economy, and in particular our business sector, that we’re just not as competitive on the world stage…
CEO Sees Innovation as a Solution to Plastic Pollution
October 22, 2021
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Business & Economycircular economyCompaniesCox EnterprisesEnvironmentinnovationplasticplastic pollutionplasticspolymerRecyclingScienceSen. Jeff Merkley
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When Jeff Gold founded Nexus Fuels (now Nexus Circular) in 2018, he was no greenhorn in environmental services—he first entered the field in the eighties. “The whole idea here, at least from my perspective, was to do something that would actually have a meaningful impact on the issue of plastic pollution—whether it be ocean plastics…
South Korea Innovation to Invest $4.3 Billion in US Battery Production With Ford Motor
September 28, 2021
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Asia & PacificbatteryBusiness & EconomyCompaniesEconomieseconomyinnovationLocal NewsMichiganproductionRegional-Local NewsSouth KoreaTechUSUS NewsWorld
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SEOUL—South Korea’s SK Innovation Co. Ltd plans to invest 5.1 trillion won ($4.32 billion) to build battery production facilities in the United States through its battery joint venture with Ford Motor Co. through 2027, the company said in a regulatory filing on Tuesday. The South Korean battery maker, which supplies electric car batteries to Ford…
3 Tips for Overcoming Business Disappointment
By Aaron Price The pursuit of success in any field is often riddled with setbacks and obstacles, and many of the world’s great business leaders failed many times before finding themselves on a fortuitous path to glory. It’s no secret that plenty of well-planned endeavors fall apart mid-flight due to forces beyond one’s control. And…
Lower Rents Bring New Innovators to New York City
September 3, 2021
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AdviceBusiness & EconomyEconomiesinnovationLocal NewsMarket WatchNew YorkNew YorkersNYC City LifeRegional-Local NewsrentalUSUS News
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By Rodolfo Delgado After a year of stress and quarantine, I decided to go to Madison Square Park, my favorite park in the city, and start writing this piece from a bench. New York is far from dead. In the background, jazz music is playing, and people are dancing in the park. People that come here…
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