On June 16, Amazon.com Inc. announced it would pay a little under $14 billion to purchase Whole Foods Market Inc. The move is sure to re-invent the grocery store business model while also ramping up Amazon’s brick and mortar retail presence.Whole Foods, known for its organic products, has seen a drop in sales ever since competing grocers started offering organic foods. In 2016, Kroger’s share of the organic market surpassed Whole Foods for the first time. (more…)
In the wake of President Trump’s maligned executive orders on immigration and sanctuary cities, businesses and consumers have stepped up in opposition. Sanctuary Restaurants, a joint project between the Restaurant Opportunities Centers United and Presente.org, recently launched to offer support and resources to restaurant workers, employers, and consumers impacted by the new administration’s aggressive immigration policies. (more…)
According to the latest report from the US SIF Foundation, sustainable, responsible, and impact (SRI) investing assets have expanded to $8.72 trillion in the US, up 33% since 2014. This equates to one in five dollars invested under professional management. The full reports explains this growth, in addition to exploring the top issues concerning money managers and their clients. (more…)
The Obama administration’s new overtime rule, originally set to take effect on December 1, 2016, has hit a roadblock in court. A federal judge issued an injunction, thereby stalling President Obama’s attempted overtime reform that would have impacted 4.2 million workers in the US. (more…)
While there have always been entrepreneurs working for social good, recent years have seen tremendous growth in programs and organizations to support them. From incubators and accelerators to business plan competitions and co-working spaces, a vast ecosystem has developed to support social enterprises.
As you navigate how to take advantage of this booming ecosystem, here’s the latest insights from an expert panel at the Mentor Capital Network’s 2016 Annual Gathering.
On May 25, UMass became the first major public university to divest from fossil fuels. The decision came after a 4 year campaign culminating in a week-long sit-in which saw 34 student arrests for nonviolent civil disobedience. It is a major victory for the student activists, the school, and the planet.