WASHINGTON — The Justice Department has announced a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis.
Women and millennials are pushing social impact investing into the mainstream, but their support for gender diverse and environmentally sustainable companies isn’t just about feeling good, says Pax World CEO Joseph Keefe; it’s also about higher shareholder return over the long term. Continue reading
In many cases, getting more Social Security benefits from working longer outweighs the additional Social Security taxes you’d need to pay, says Social Security expert Larry Kotlikoff. Continue reading
Don’t accept a new job, and maybe even consider not quitting your current job, until you’ve seen the employee handbook. That may sound risky, but taking a job without knowing all the terms is risky, says headhunter Nick Corcodilos. Continue reading
There’s been little improvement in the percentage of women serving on corporate boards or in chief executive roles at Fortune 500 companies. But with more women earning degrees, why are we simply “treading water”? Paul Solman speaks with Brande Stellings, whose nonprofit tracks the results of women in business. Continue reading
A spring frost in Turkey destroyed hundreds of thousands of hazelnut flower buds and is responsible for an expected global deficit of the nut. Prices of hazelnuts are expected to increase 60 percent. Turkey produces around three-quarters of the world’s … Continue reading
Despite an ultimatum from the Market Basket board that striking employees will lose their jobs if they don’t return to work by Friday, many of the New England grocer’s workers refuse to come back without the return of former CEO Arthur T. Demoulas. Continue reading