BUSINESS

On Sept. 12, the U.S. Census Bureau released national poverty data for 2017. The headline was that 39.7 million people were poor in 2017. This works out to 12.3 percent of the population or one in eight Americans.

Equity crowdfunding is one of the newer concepts that has completely revolutionised the startup industry.

Nongovernment organisations (NGOs) and nonprofits need proper funding to operate, but it’s not always easy for these groups to raise the money they need.

Packed strawberries sold in Woolworths have been recalled after sewing needles were found in them.

Meanwhile, Nike’s sales jumped by 31 percent despite threats of boycott.

Now is the best time as any for companies, whether established or start-ups, to start thinking about what other good they can do for business, people, and the planet.

In recent developments, many pet owners are using cannabidiol (CBD) products as a cure-all for their furry companions.

The gaming industry is big business in the U.S., contributing an estimated US$240 billion to the economy each year, while generating $38 billion in tax revenues and supporting 17 million jobs.

Trouble-ridden Theranos Inc is closing down, according to a new report.

Today the international Coal Transitions project released its findings, based on global coal scenarios and detailed case studies by teams in China, India, South Africa, Australia, Poland and Germany.

Uber users who have low ratings may find their accounts deactivated soon.

As Google marks its 20th birthday, its success seems so well known and so often repeated that it runs like a myth. But Google needs to examine where it has failed and face some serious challenges if it wants the next 20 years to be anywhere near as successful.

Australian home prices have risen 60% in the past five years. That’s great news for the 7 million households who own one.

Negotiations for a revised North American Free Trade Agreement have been ongoing for more than a year, but now it’s crunch time — especially for Canada.

Capilano Honey is being accused of manufacturing fake honey through its Allowrie brand Mixed Blossom Honey.

No more chocolate by 2050? Several articles have pointed recently that we are heading to a major chocolate crisis.

Uber’s dramatic rise has been accompanied by criticism, including allegations of predatory pricing and flouting of safety and employment laws.

Elon Musk shocked the world on Aug. 7 when he tweeted that he had the “funding secured” to take Tesla private. A little more than two weeks later, the billionaire entrepreneur abruptly called the whole thing off.

Looking at the policy changes announced in the last 17 months by the Trump administration, one would think there is no such thing as climate change.

PepsiCo announced it would acquire SodaStream for US$3.2 billion, a 10% premium on SodaStream’s stock price and a 100% increase since the beginning of 2018.

As technology improves, it’s tempting for company executives to slash jobs that are “standard” and “routine”, making them easy to automate. But research shows focusing on improving management practices will do more to improve companies’ bottom lines.

Online booking site Trivago N.V. has been sued for allegedly misleading hotel pricing representations.

The Australian Federal Government has banned Huawei and ZTE from taking part in the 5G mobile infrastructure rollout.

The most competitive CBD companies are now in the process of undergoing listing, and it could very well change the game of how this fast-growing industry is viewed.

Here are some of the top-brass social enterprises that are truly making a mark.

Dick Smith has laid the blame for closing his Australian-made processed food lines squarely at the feet of Aldi Australia.

When Facebook recently removed several accounts for trying to influence the 2018 midterm elections, it was the company’s latest move acknowledging the key challenge facing the social media giant.

The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other large currencies such as Ethereum and Ripple down more than 40%. So where does this latest bout of losses leave cryptocurrencies?

The South African government’s plan to change the constitution to mention land expropriation without compensation could, ironically, end up strengthening the property rights on which investment depends.