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Business World

Could ESG Investing Change the Business World?

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ESG investing is quite the buzzword in 2021, as it’s finally taking the leap from a fringe, specialty-type investment to a force that can actually change how a business operates. ESG stands for environmental, social and governance, and it refers to how a company affects the environment, its workers and the world as a whole. Whereas shareholders used to be concerned nearly exclusively with a company’s financial returns, a rising tide of investors will only buy shares of businesses that also operate as responsible corporate citizens. But are companies really changing their business plans simply due to

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Business News

Germany Toughens Rules for Travel From Spain, Netherlands | Business News

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BERLIN (AP) — Germany is listing Spain and the Netherlands as “high-incidence areas,” meaning that most people arriving from those countries who aren’t fully vaccinated will have to go into quarantine from next week.

The national disease control center, the Robert Koch Institute, said Friday that the change will take effect on Tuesday.

The change of status in the middle of the summer travel season will inconvenience some people traveling from Spain, a hugely popular tourist destination for Germans, and likely put off more would-be vacationers.

Spain and the Netherlands were already on a list of “risk areas,” the lowest

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Business Property

Faraday Future and Property Solutions Acquisition Corp. Announce Closing of Business Combination; Faraday Future to Trade on NASDAQ Under Ticker “FFIE” Beginning on July 22, 2021

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LOS ANGELES–(BUSINESS WIRE)–Faraday Future (“FF”), a California-based global shared intelligent mobility ecosystem company, announced that it has completed its previously announced merger with Property Solutions Acquisition Corp. (“PSAC”), a special purpose acquisition company. The transaction, which was approved by PSAC’s stockholders in a special meeting held on July 20, 2021, resulted in the combined company being renamed “Faraday Future Intelligent Electric Inc.”, with its common stock and warrants to commence trading on the Nasdaq Stock Market on July 22, 2021 under the ticker symbols “FFIE” and “FFIE.WS”, respectively.

“Today is a new chapter in FF’s history, and we

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Business World

Brooke County companies honored for 100 years in business

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WELLSBURG, W.Va. (WTRF) – The last 100 years have seen a world war, a Great Depression and huge advances in technology.

Eight Brooke County businesses have lived through all of it.

Secretary of State Mac Warner honored them with the brand-new West Virginia Centurion award Thursday afternoon, recognizing their century of serving customers.

Among those given the commemorative plaques were the Wellsburg Chamber of Commerce and the James Funeral Home in Follansbee.

Warner said the name ‘centurion’ comes from Roman times, and was used for those who showed perseverance and character.

They’ve stood the test of time and they’ve created

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Plan Busines

Some Generali investors to ask CEO not to present new business plan, report says

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MILAN, July 22 (Reuters) – Shareholders representing about 16% of Generali (GASI.MI) are ready to ask the chief executive not to present a 2022-2024 business plan, a move that would challenge the insurer’s leadership, daily La Repubblica reported on Thursday.

Generali’s CEO Philippe Donnet, whose mandate comes to an end in spring next year, is due to present a new business plan in December.

Italian businessmen Francesco Gaetano Caltagirone and Leonardo Del Vecchio, together with Edizione, the holding company of the powerful Benetton family, and banking foundation Fondazione CRT, are preparing to ask Donnet not to submit his new strategic

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Business News

BizHawk: Timbers Restaurant Returning to Western Goleta After 15-Year Hiatus | Business

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BizHawk is published weekly, and includes items of interest to the business community. Share your business news, including employee announcements and personnel moves, by emailing [email protected].

An iconic restaurant is returning to western Goleta.

Timbers Restaurant is set to reopen in August after a 15-year hiatus. 

New owners Kim and Gino Stabile, along with business partner Sandy Boyd, have been restoring the site at 10 Winchester Canyon Road. Eventually, one side of the restaurant will open after 4 p.m. and serve dinner, with the other side more of a casual atmosphere open during the day. The patio will

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