The concept of social responsibility holds that businesses should be good citizens, balancing their money-making operations with activities that benefit society, be it on a local, national, or global scale. Social responsibility in marketing involves focusing efforts on attracting consumers who want to make a positive difference with their purchases. Many companies have adopted socially
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A customer exits a Big Lots store in Clifton, New Jersey. Emile Wamsteker | Bloomberg | Getty Images Company: Big Lots (BIG) Business: Big Lots operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture, seasonal, soft home, consumables and food. As of March 15, 2021,
When your bank account is debited, money is taken out of the account. The opposite of a debit is a credit, in which case money is added to your account. Your account is debited in many instances. For example, if you set up a direct debit and money is automatically taken out of your account
With the world of business becoming increasingly more complex, small-business owners will find it extremely difficult to be an expert in all of the specialized disciplines their businesses need. Despite the relentless requirement for small-business owners to generate and manage cash flow while bringing customers in the door, it is also critically important for them to cultivate business relationships with
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder
In this article GME GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of Class A common stock from 300,000,000 to 1,000,000,000 to partly conduct
It’s easy to assume that writing up a last will and testament is all it takes to guarantee that your assets will be distributed according to your wishes. And in most parts of the United States, that’s basically correct. However, there are a handful of states with a caveat in place that can intervene to
Spotify Technology S.A. (SPOT) is an audio-streaming subscription service legally domiciled in Luxembourg, but whose operational headquarters are located in Stockholm, Sweden, where the company was first launched. Its streaming services are monetized through both premium subscriptions and advertising, officially designated as its Premium Services segment and Ad-Supported Services segment, respectively. Spotify offers its services
In this article ARKK Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images It’s hard to talk about the topic of women in investing without mentioning Cathie Wood. The founder, CEO
In this article KR MCD Carl Icahn Adam Jeffery | CNBC Carl Icahn is expanding his animal-welfare campaign to the nation’s largest supermarket chain, Kroger, after the famed activist investor initially targeted McDonald’s. Icahn has submitted a plan to nominate two candidates to Kroger’s board, the Cincinnati-based company said in a release Tuesday. Kroger said
Stock market indexes around the world are powerful indicators for global and country-specific economies. In the United States the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite are the three most broadly followed indexes by both the media and investors. In addition to these three indexes, there are approximately 5,000 others that make up
Roth IRAs can offer some tax advantages to savers, including the benefit of tax-free qualified distributions. You may be wondering if it’s possible to open this special version of an individual retirement account (IRA) jointly with your child or teen, and the answer is no. You can, however, open a Roth IRA on behalf of
In this article NVDA ADBE NKE NET RIOT A silhouette of a woman wearing a protective face shield and a protective face mask is seen near to a Nike logo at a shopping mall. Ajeng Dinar Ulfiana | Reuters Investors made it through another volatile week, as the three major indexes notched gains for the
A value-added tax (VAT) is a consumption tax that is levied on a product repeatedly at every point of sale at which value has been added. That is, the tax is added when a raw materials producer sells a product to a factory, when the factory sells the finished product to a wholesaler, when the
SeventyFour | iStock | Getty Images Company: SLM Corp. (SLM) Business: SLM originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts. In addition, it
It’s time to dust off one of the oldest and most conservative methods of valuing stocks: the dividend discount model (DDM). This is one of the basic applications of financial theory that is taught in any introductory finance class. The theory is easy to grasp. A stock is worth its price if that price is exceeded
Millennials are a generation of significant income inequality. Wealthy, college educated millennials who have had a chance to pay down their student loan debt or were able to not have student loan debt comprise most of the millennials who now own homes. However, millennials without a college degree have 19% less family wealth than previous
In this article BLK Larry Fink David Orrell | CNBC Russia’s invasion of Ukraine could accelerate the adoption of digital currencies by central banks, according to BlackRock’s Larry Fink. The CEO of the $10 trillion-asset money manager called it one of the “less discussed” outcomes of the war, which began one month ago, in his
May 31, 2021, marks the 100th anniversary of the Tulsa Race Massacre, an event that only recently has come to the wider attention of the American public. Although it was one of the worst race massacres in American history, it took 76 years for it to be investigated by the Oklahoma Legislature. Even many residents
In this article GME NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday
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