Recent Posts

Businesses now think big about cutting emissions

Amazon.com Inc.’s recent announcement that its operations will be carbon neutral by 2040 stands out for its sheer size. But Amazon is only one among dozens of companies that announced new carbon-intensity benchmarks at United Nations General Assembly. It’s hardly a new phenomenon. Eighty-one percent of S&P 500 companies had set emissions-reduction or energy-use targets by at least four years ...

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Japan’s consumption tax hike is a risk for economy

Japan’s consumption-tax hike doesn’t look like it’s going to sink the economy, as a similar increase did five years ago. That’s the good news. The bad news is that the bump, to 10% from 8%, is still happening at an inauspicious time. While a recession isn’t in the cards for Japan, the last thing any major economy needs is a ...

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SoftBank’s investment in WeWork makes sense

WeWork just lost its CEO, its IPO is delayed indefinitely, prospectus details finally reveal massive losses, it’s burning cash like kerosene, and it needs to raise funds imminently. So, of course key backer SoftBank Group Corp. would throw in more money. Already a 29% shareholder of The We Co. – WeWork’s official name – SoftBank is discussing whether to increase ...

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