BlackRock founder Larry Fink said companies must ‘demonstrate their commitment to the countries, regions, and communities where they operate’ and that ‘purpose is not the sole pursuit of profits’.  Photograph: Michael Cohen/Getty Images

For decades, American companies took it as read that their purpose was simple: to make as much money as possible for their shareholders. That has now(...)

Rutger Bregman argues for a 15-hour working week, a world without borders and a basic salary for every citizen. Photograph: Roberto Ricciuti/Getty Images

First, Rutger Bregman came for the globalists. In late January at Davos, the Swiss resort where the world’s political and financial elites gather eac(...)

 Les Reilly, the owner of Reilly’s Daybreak Store in the Naul, north county Dublin celebrates pictured with staff and customers after selling the winning €175 million EuroMillions ticket as David Woods (left) area rep with the National Lottery sprays the champagne. Photograph: Mac Innes Photography

Why people buy lottery tickets has long been argued over by economists. More recent economic theories give fascinating insights into why people play, (...)

Paul M Romer who, along with William D Nordhaus, has won the Nobel Prize for including long-term thinking on climate issues and technological innovation in economic research

William D Nordhaus of Yale University and Paul M Romer of New York University’s Stern School of Business have been awarded the 2018 Nobel Prize in Ec(...)

A Nike Ad featuring American football quarterback Colin Kaepernick on display in New York last month. Photograph: Angela Weiss/AFP

Billions of dollars were briefly wiped off Nike’s share price after the sportswear giant announced controversial American footballer Colin Kaepernick (...)

Facebook chief executive Mark Zuckerberg,  the company’s partnerships and  marketing vice president Dan Rose  and chief operating officer Sheryl Sandberg: Channel 4’s “Dispatches” report  helped  explain why so much appalling content  is still featured and shared on the  site. Photographer: David Paul Morris/Bloomberg

It hasn’t been a good week for the overlords of the internet. On Tuesday, Facebook was exposed by the Channel 4 Dispatches programme for flouting its(...)

“The flow of corporate taxes that we so enjoy spending will one day dry up. We treat them as permanent revenues when they are so obviously anything but.”

It may come as a surprise but, on one measure at least, the global economy has never been in better shape. Deutsche Bank has counted up the number of (...)

US economist Richard Thaler: his “nudge” economics theory  suggests people can be subtly guided  toward beneficial behaviours without heavy-handed compulsion. Photograph: Reuters

US economist Richard Thaler won the 2017 Nobel Economics Prize for his contributions in the field of behavioural economics, showing how human traits a(...)

The Apprentice: nothing has changed inside Shuggsy’s Boardroom That Time Forgot

It’s the13th series of The Apprentice and unlike its reality telly contemporaries chopping and changing their format while desperately trying to stay (...)

Apollo House should embolden not just activists in other sectors, but people inspired by activism. Photograph: Brenda Fitzsimons

After Apollo House, after a large protest movement forced the Government to roll back on charging people for water, as the movement for women’s repro(...)

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