Costco is raising its minimum wage to $16 per hour, the CEO announced in a congressional hearing on Thursday.
JPMorgan reveals the latest part of its $30 billion commitment to support Black and brown communities
Brian Lamb, JPMorgan's head of diversity and inclusion, spoke about the firm's vision for racial equity and where the money is going.
Former Secretary of State and diplomat Henry Kissinger is known for books "World Order" and "On China."
The billionaire hedge fund manager shared his thoughts about where the global economy is headed ... and his predictions aren't rosy.
A Stanford economist says the US needs a 'New New Deal.' Here's his plan for getting people back to work and spending on businesses.
President Biden just created the Civilian Climate Corps, a policy copying FDR's New Deal's Civilian Conservation Corps.
I just spoke with hedge-fund billionaire Ray Dalio about the future of global capitalism. I'm worried.
"I've watched how civil wars and revolutions take place," the Bridgewater founder says. "There need to be changes, really structural changes."
World Economic Forum founder Klaus Schwab said now is the time for companies to "walk the talk" when it comes to stakeholder capitalism.
World Economic Forum chief Klaus Schwab: What Biden means for capitalism, how the pandemic has changed the CEO job, and what the workforce of the future will look like
In a video interview, Schwab spoke about his new book, "Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet."
Amazon's Housing Equity Fund will provide below-market loans and grants to housing partners, public agencies, and minority-led organizations, it said.
It's unclear what prompted Microsoft to tie bonuses to integrity, but it generally tries to establish itself as a leader in tech-industry ethics.
After hearing that some employees were lining up at food banks, CEO Dan Schulman decided to investigate. His actions radically changed the company.
Elon Musk said a college degree isn't required for a job at Tesla — and Apple, Google, and Netflix don't require employees to have 4-year degrees either
Students assume getting a 4-year degree is the only way into top companies like Tesla, Apple, and Netflix. But that isn't always true.
Joe Biden's administration has discussed recurring checks for Americans with Andrew Yang's 'Humanity Forward' nonprofit
Greg Nasif, the press secretary for Andrew Yang's Humanity Forward nonprofit, told Insider the Biden administration is a "group open to new ideas."
The vaccine breakthroughs at Pfizer and Moderna are the latest examples of how immigrants have been driving billions in American innovation for decades
The cofounder of Moderna — who came to the US on a visa — says the "immigrant mindset" is a powerful force in the science and tech community.
How Ben & Jerry's embrace of social issues set it apart from the competition, boosted its marketing, and helped it build a positive workplace culture
The ice cream giant's CEO tells us how social purpose can boost employee and customer engagement — as long as it's authentic.
Pope Francis joins with CEOs of Fortune 500 companies to form a new council focused on creating a more equitable economy
The companies, which include the likes of Salesforce and Bank of America, represent more than $10.5 trillion in assets under management.
Inequality flamethrower Anand Giridharadas on why billionaires shouldn't exist and his hopes for the Biden administration
"We don't need the richest and most powerful people in the society to give more," Giridharadas told Business Insider. "We need them to take less."
Netflix's Reed Hastings, Instagram's Kevin Systrom, and others join billionaire investor Ray Dalio for massive charity giveaway
Last week, Dalio gave away 10,000 "charity gift cards" worth $100 each. Now, he's doing it again with the help of other top executives.
Billionaire investor Bill Ackman says the US should give every American cash at birth so they can retire a millionaire
Bill Ackman's plan, called "Birthright," endorses a universal basic income of sorts that would provide access to the stock market.
Major retailers like Walmart, Amazon, and CVS turned record profits but didn't pay employees much extra for working during the pandemic, a new report finds
Research from the Brookings Institute found that some companies only paid their frontline workers less than a dollar more per hour.
A growing body of research indicates that employees with better benefits stay at companies longer and are more productive.
'Reactionary giving' was all the rage from the 'Trump bump' after 2016 — but the coronavirus has changed giving like everything else
On Giving Tuesday, the philanthropy world looks back on a landscape transformed by "reactionary giving" or "rage donations" after the 2016 election.
Ahead of Giving Tuesday, Coca-Cola held a virtual dinner series event on social justice after funding millions in grants this year
Coca-Cola Brand Director Erica Tuggle says the virtual dinner series centered on systemic racism drew in almost 5,000 audience members.
You can improve (or even save) lives without being rich. Here are 3 things to know about effective giving.
"Effective altruism" uses a scientific approach to find the biggest impact from any donation you make. It's Giving Tuesday, so let's get started.
Danone North America's CEO Shane Grant said the new benefit is a 'growth move' for the business that will help improve retention.
Businesses should reject special treatment from the government: Charles Koch says he made decisions that hurt his bottom line in the short term, but 'it was the right thing to do'
Advocating against corporate welfare requires you to be "the skunk at the garden party," according to Koch.
To combat the COVID-19 economic downturn, New Jersey Governor Phil Murphy passed a millionaire's tax. Here's why he says that's good for everyone.
Wealthy people analyze "total value proposition" and make their decisions accordingly, Murphy, a former Goldman Sachs executive, said.
What a Joe Biden presidency means for capitalism, ESG investing, and the American worker, according to a leading expert on the economy
"Biden can really change the course of capitalism for the better. I really believe that. And I hope to hell that he does," the JUST Capital CEO said.
Working parents are reaching their 'breaking point' due to the pandemic, and they say national paid parental leave can't come soon enough
The US is one of the only countries in the world that doesn't provide time off for parents to care for their kids.
Capitalism is at a 'crucial' turning point and President-elect Biden could make it more fair, according to a leading expert on the economy
Biden's policies are "amenable" to moving stakeholder capitalism forward, Martin Whittaker, CEO of JUST Capital, said.
The US faced a shortage of poll workers as many seniors sat out this cycle over fears of contracting the coronavirus.
The upskilling economy: 7 companies investing millions of dollars in retraining American workers so they can find better jobs
Executives from companies like Accenture and JPMorgan are recognizing the increased need to upskill and reskill workers during the pandemic.
Facebook is expanding an upskilling program aimed at helping Black and Latinx small business owners who have been hardest hit by the pandemic
The upskilling program is part of Facebook's $1.1 billion program to help reduce racial inequality in the US.
American Express is tapping a former star editor from Teen Vogue to launch a new podcast series to help Black entrepreneurs, as the credit card giant continues its efforts to improve racial equality
A month ago, American Express created a $10 million grant program to support Black-owned businesses. Now it's partnering with Elaine Welteroth.
Verizon executive says the company's recent $44 million investment in upskilling is part of its duty to prepare job seekers for the future
The program, which prioritizes Black and Latinx applicants, is part of Verizon's new socially responsible business plan called Citizen Verizon.
Technology is drastically reshaping the workforce — here's what 3 leaders think are the biggest challenges and opportunities
A panel at Business Insider's Global Trends Festival discussed the impact of new technology on companies and workers.
General Motors' Marry Barra, Walmart's Dough McMillon, and other CEOs are calling for corporate and legislative action.
Satya Nadella said companies like Microsoft should measure their success on the benefits they create for wider society, rather than their profits.
More than 200 CEOs from companies like Microsoft, Walmart, and JPMorgan unveil a new plan to address racism in America
The plan comes as the Trump administration cracks down on government trainings rooted in critical race theory.
Microsoft, Apple, and Intel ranked highly on the list compiled by Just Capital, an independent research firm founded by investor Paul Tudor Jones.
The CEO of Boston Consulting Group reveals the steps he's taking to address the global climate crisis, starting with a $400 million investment and a reduction in business travel
"We all agreed that we needed to do something about this, but we just didn't know how to, especially with travel," Rich Lesser said.
Billionaire Ray Dalio donates $50 million to address racial and ethnic disparities in America's health system
Dalio has previously spoken out about inequality in the US, saying the American dream is "lost" due to inequality.
Canada's 'beautifully surprising' basic income study shows how business needs to reconsider human nature
Started in 2018, the New Leaf project gave select homeless people in Canada $7,500 no strings attached. Leaders everywhere can learn from the results.
The founder of the World Economic Forum and CEOs of Bank of America and EY say ESG standards are the future of capitalism
These standards may become mandatory in the future, says Bank of America CEO Brian Moynihan and EY CEO Carmine Di Sibio.
Black and Latinx Americans have historically been left behind by the financial and banking system.
"At Ikea we don't want to merely be a part of the sustainability movement — we want to lead it," a company executive said.
New research from research firm JUST Capital shows there's been a shift in public perception over the last year.
'We've misdrawn the battle lines of capitalism:' A founding member of Bain's social impact fund shares what really needs to be done to make stakeholder capitalism work
We need a standardized environmental, social, and corporate governance rules in order to make any real positive change to capitalism, he says.
Citi just invested $100 million in a program that provides training and mentorship to people without college degrees. Here's how it's boosting diversity at the firm.
More companies like IBM, PwC, JPMorgan Chase, and Amazon are investing millions in upskilling to meet workforce demands and promote diversity.
President Donald Trump refused to follow the rules his own campaign agreed to, the latest episode in decades of unpunished white-collar rule-breaking.