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ESG beat Wall Street in one important way last year

3 years 8 months ago
ESG funds — investments that evaluate companies using environmental, social and governance factors — just survived a tumultuous 2022. They also managed to perform in line with the general market while doing so, and attract new money — a good sign for the future of responsible investing.

Salesforce under siege from top activist hedge fund

3 years 8 months ago
Software giant Salesforce, one of the 30 stocks in the venerable Dow Jones Industrial Average, had a miserable 2022. Now the company is under attack from a big hedge fund that wants to shake things up at the company that owns Slack.

Spotify to cut 6% of its workforce

3 years 8 months ago
Spotify said Monday that it will cut 6% of its workforce to reduce costs, joining tech companies including Amazon and Microsoft in slashing headcount as the global economy slows.

Baton Rouge nightclub shooting injures 12

3 years 8 months ago
Police in Baton Rouge, Louisiana, are searching for at least one suspect involved in a nightclub shooting that left a dozen people injured, according to L'Jean McKneely, Baton Rouge Police Department spokesperson.

Jeff Zients to replace Ron Klain as White House chief of staff

3 years 8 months ago
Jeff Zients, who ran President Joe Biden's Covid-19 response effort and served in high-ranking roles in the Obama administration, is expected to replace Ron Klain as the next White House chief of staff, according to three people briefed on the matter.
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