Month: March 2017

Carl Icahn Is Getting Name-Dropped in an Insider Trading Trial — Fortune

Carl Icahn is adding another layer of intrigue to a high-profile insider trading trial. The hedge fund giant and informal adviser to President Donald Trump hasn’t been charged with any wrongdoing. But federal prosecutors are alleging that sports gambling giant William “Billy” Walters illegally traded shares of Clorox stock in 2011 based on tips from…

via Carl Icahn Is Getting Name-Dropped in an Insider Trading Trial — Fortune

In the great robot job takeover, women are less likely to suffer than men — Quartz

The robot apocalypse is almost here and machines are coming for our jobs. But women might have a bit longer until they feel the impact. About 30% of jobs in the UK—over 10 million workers— are at risk of being replaced by automation as artificial intelligence progresses over the next 15 years, according to a…

via In the great robot job takeover, women are less likely to suffer than men — Quartz

GM CEO Mary Barra Just Got a Big Vote of Confidence From This Activist Investor — Fortune

David Einhorn, head of hedge fund firm Greenlight Capital, told CNBC on Tuesday that he was supportive of General Motors Chairman and CEO Mary Barra despite the company’s objection to Greenlight’s proposal to split the carmaker’s stock into two classes. “Notwithstanding her objection to our idea, we are supportive of Mary Barra,” Einhorn told the…

via GM CEO Mary Barra Just Got a Big Vote of Confidence From This Activist Investor — Fortune

Retailers Could Get Slammed by Slowing International Tourism — Fortune

The last thing beleaguered high-end U.S. retailers need right now is for another big chunk of their customer base to go AWOL. Chart shows change in estimates for 2017 U.S.-bound tourismU.S. shoppers pulled back from luxury purchases in the wake of the Great Recession, leading stores to become more dependent on Chinese, Brazilian, and European…

via Retailers Could Get Slammed by Slowing International Tourism — Fortune

Why The Short-Term Approach Is No Longer Sustainable For Corporations — Forbes – Leadership

Richard Howitt is the CEO of the International Integrated Reporting Council (IIRC), and was a member of the European Parliament for over 20 years. I recently sat down with him to discuss the work of the IIRC, the challenges and opportunities of the new role, and the future of integrated reporting.

via Why The Short-Term Approach Is No Longer Sustainable For Corporations — Forbes – Leadership

Leverage and Liquidity Are the Keys to a Strong Banking System — MoJo Blogs and Articles | Mother Jones

I’m a big fan of higher capital ratios (i.e., lower leverage) as a way of making the banking system safer, so I was disturbed when Tyler Cowen pointed to a new paper suggesting that high capital ratios don’t reduce the likelihood of financial crises. Instead, a team of researchers suggests that what’s more important is…

via Leverage and Liquidity Are the Keys to a Strong Banking System — MoJo Blogs and Articles | Mother Jones

Watch Live: President Trump Signs Executive Order Targeting Environmental Regulations — TIME

President Donald Trump will sign an executive order Tuesday to roll back key environmental regulations that were established under the Obama Administration. The White House has touted the executive order as a way to promote “energy independence.” White House Press Secretary Sean Spicer said Monday that the order is aimed at reducing “unnecessary regulatory obstacles…

via Watch Live: President Trump Signs Executive Order Targeting Environmental Regulations — TIME