Companies who are not environmentally friendly may have issues attracting young talent. New research from Yale University suggests that 44% of students (out of 3,711) say they would take a lower salary to work at a company with better environmental practices. 64% of students claim they don’t think companies are environmentally conscious enough. Read more.
After years of slow growth in health care costs, spending surged 5.3% last year, reflecting the influx of people gaining insurance coverage under Obamacare. Numerous Affordable Care Act provisions became effective in 2014, including the implementation of marketplace plans, the introduction of health insurance premium tax credits, new health insurance industry fees, and mandated changes to benefit designs. Read more.
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Facing “staggering adverse conditions,” the commodity sector will account for a disproportionate share of the growth in defaults.
Requirements to increase convertible debt as a hedge against fiscal crises may be undermining a paring of bank credit ratings.
Almost half of business school students say they’d take a lower salary to work for an environmentally conscious employer.
Grant Thornton reached a $4.5 million settlement with the SEC in which the audit firm admitted wrongdoing.
The building materials company blamed its Chapter 11 filing on recurring operational losses.
Revenue rose 38%, but sales and marketing spending and R&D spending increases cut into profits.
Retail prescription drugs were among the fastest-growing categories, up 12.2%.
A transaction is not likely to take place this year, despite previous reports.
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