Business and Economics Commentary

Many of America’s largest public corporations recently made a commitment in principle to their “stakeholders,” which included working with their communities and “protect[ing] the environment by embracing sustainable practices.” Leaders of 181 of the 193 member companies of the prominent Business Roundtable promised to “deliver value.” It gave...

Sen. Elizabeth Warren, with one eye on California presidential primary votes and the other on the state’s rich political donors, recently wrote an op-ed in the Sacramento Bee in which she demanded someone do something about that “shameful” gig economy. Warren, a Rutgers-trained lawyer, has expended...

The Business Roundtable recently released a statement announcing it had redefined "the purpose of a corporation." Signed by almost 200 of the most powerful CEOs in America, the statement "affirms the essential role corporations can play in improving our society," according to one of its signatories. Specifically, it...

The “Tax Cuts and Jobs Act” (TCJA) was signed into law on Dec. 22, 2017. The Act reformed the U.S. corporate income tax code cutting the rate to a globally competitive 21%. Reforms on the personal income tax side, which are scheduled to expire in...

When the state Supreme Court issued a ruling last year threatening workers’ ability to operate as independent contractors, it sent a chill through the gig economy. The temperature dropped a few more degrees recently when the U.S. 9th Circuit Court of Appeals determined the standards...

One of the hottest investment trends promises to do well while by doing good. This investment trend is called environmental, social, and governance investing, or ESG funds. Not all ESG funds have similar investment strategies. Some ESG funds actively invest in companies that meet specific environmental...