Word: laboral
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Dates: during 2000-2009
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...most iconic economist, Milton Friedman, wrote in 1970 that a corporation's only moral responsibility was to increase shareholder profits. Since 1995, the number of socially responsible investment (SRI) mutual funds, which generally avoid buying shares of companies that profit from such things as tobacco, oil or child labor, has grown from 55 to about 260. SRI funds now manage approximately 11% of all the money invested in U.S. financial markets - an estimated $2.7 trillion...
...gold, many corporations discovered that business was about a lot more than a profit-and-loss statement. At first, the corporate stance was defensive: companies were punished by consumers for unethical behavior. In the 1990s, companies like Nike and Walmart were attacked for discriminatory and unfair labor practices. People became alarmed about "blood diamonds," or "conflict diamonds" - gems mined in war zones and used to finance conflict in Africa. More recently, consumers have become concerned about the sourcing of metals used in computers. The nexus of activist groups, consumers and government regulation could not merely tarnish a company...
...Hyatt acted faster and gone pubic in 2007 or even mid-2008, before the bubble burst, valuations would likely be much higher, says Butler. "The hotel world fell off a cliff on Labor Day 2008 - the world truly changed in terms of values, liquidity, banking - all of the factors that are critical to valuation," he says...
...employee at Doma. “We really didn’t know much about the calendar change, so we ran out—but not empty-empty.” Khadka pointed to the sparsely-stocked shelves, evidence of a welcome boost in sales over the long Labor Day weekend. He had just finished placing an order for more liquor. “The summer is slow for us, since most of our customers are students,” Khadka explained. He estimated that Doma orders twice as much alcohol per week during the school year than...
Guess they weren't ready for summer vacation to end either. Doma employee Subash Khadka estimates they order roughly double the amount of alcohol during the school year. Imagine their surprise when a slew of students in search of alcohol turned up before Labor Day. You don't have to graph any supply and demand curves to figure out we were hit by an temporary liquor shortage...