What We're Reading

JPMorgan Chase Research Institute puts out new research on unemployment benefits: “Allowing the $600 supplement to expire at the end of July 2020 could cause substantial declines in aggregate demand and potentially negative effects on the macro-economy.”

The New York Times suggests tying CEO pay to diversity outcomes as one of the most effective ways to improve diversity and inclusion across corporate America.

Robert F. Smith shares how the private sector can “turn our collective outrage into action,” to ensure our national reckoning becomes more than a passing moment.

Jay Clayton, the nation’s top securities regulator, has been thrust into a political firestorm. Where does that leave the S.E.C.?

Congress allowed companies to claim billions in tax refunds.

The decision to reveal who received a Paycheck Protection Program loan comes after weeks of backlash over a lack of transparency.

Fallout from pandemic and protests highlights income and wealth gaps that leave black Americans vulnerable

In the wake of the murders of George Floyd, Breonna Taylor, and Ahmaud Arbery, major corporations are rushing to embrace the Black Lives Matter movement. But several of the same corporations have donated hundreds of thousands of dollars to members of Congress that are rated “F” by the NAACP.

For a group of elite black executives, police killings and protests have unleashed an outpouring of emotion and calls for action.

Lesson 1: Hope is not a plan.

Millions of Americans are risking their lives to feed us and bring meals, toiletries and new clothes to our doorsteps — but their pay, benefits and working conditions do not reflect the dangers they face at work.

“An auto company’s top priority right now is simple: survive,” said leading auto analyst Adam Jonas of Morgan Stanley.

Companies are making big commitments to so-called stakeholders during the year of Covid-19. Will it last?

Job losses will disproportionately displace low-income workers.

How to make the nation more just, less fragile — and more free.

While most money managers hunt for bargains in the market upheaval, Jonas Kron is searching for good guys.

Warehouse operators across the U.S. are sanitizing workplaces, providing protective gear to workers and separating staff as they try to keep supply chains running while much of the country’s economy shuts down amid the coronavirus pandemic.

As the country mobilizes to fight Covid-19, wage workers are now the heroes who keep us alive. The C suite should wake up now and act, once the crisis has passed, on their need for a living wage.

About half of the premature deaths caused by poor air quality are linked to pollutants that blow in from other states, a new study found.

Back in the 70s, Marty Lipton was a lone voice crying out in the wilderness. Now he’s joined by many others: Klaus Schwab, Just Capital, and the Business Roundtable. They’re all urging a shift from shareholder primacy to a new model of stakeholder capitalism.

The New York State Common Retirement Fund put $800 million in sustainable fixed-income strategies this year, including sustainable private credit and green bonds, a rare big bet on debt in the equity-dominated market for responsible investing.

Yahoo highlights William Towers Watson’s 2019 Workplace Dignity Survey. One insight? 8% of employers believe their workforce is treated with dignity and respect, but only 65% of employees feel the same.

Catalyst offers up 10 reasons why companies should offer paternity leave. One? Nearly two-thirds of men would change jobs to have more time to spend with their kids.

Academics writing for Harvard Business Review shine a light on the challenges around operationalizing stakeholder capitalism, including the need for “integrated reporting.”

The New York Times writes that despite the energy around climate change, few business leaders at Davos gave specific details on how they’d actually improve their environmental practices.