Mary Jo White, outgoing head of the Securities and Exchange Commission, said she hopes her successor will push to adopt a uniform fiduciary rule governing all financial advice given to retail investors. She has spoken in favor of a uniform fiduciary rule but was unable to build enough support to get one approved.
PowerPoint is a default tool at many companies despite its ineffectiveness at facilitating natural conversations, write Shani Harmon and Renee Cullinan. They offer several alternatives for presenting information in ways that engage participants and foster discussion.
Betsy DeVos, nominated to be US secretary of education, faced questions Tuesday about her higher-education agenda during a confirmation hearing before the Senate's Health, Education, Labor and Pensions Committee. DeVos acknowledged the rising student debt and voiced support for career education programs as a path to postsecondary education.
The Federal Reserve intends to increase interest rates several times a year until they reach a sustainable rate of about 3% in 2019, Chair Janet Yellen says. A gradual increase makes sense now that inflation is on target and the US is near full employment, she says.
Hy-Vee is rolling out a program to bring lower-priced, less-than-perfect fruits and vegetables to its 242 stores across the Midwest. Four to six ugly seasonal produce items will be available in the retailer's Robinson Fresh's Misfits displays.
A National Academies of Sciences, Engineering, and Medicine report detailing 100 evidence-based conclusions about the benefits and harms of cannabis found it may help reduce chronic pain and chemotherapy-induced nausea. The report noted cannabis is linked to psychoses and schizophrenia but called for removing barriers to studying it further and making the development of data for practitioners and patients a high priority.
CoverGirl teamed with Automat and The Amplify to create a chatbot version of digital influencer Kalani Hilliker on Kik, resulting in 91% of users viewing the bot positively and a 14-times spike in social engagement compared to the influencer's actual posts. "Fast-forward 12 months and we'll be seeing thousands of examples like this because it's just a great way for technology to add value and let brands close the gap between content and commerce," You & Mr Jones' David Jones says.
Fashion brand Rebecca Minkoff will team with venture capital firm Quotidian Ventures to launch an incubator program to help fund new retail technology companies. The effort, which was announced at Retail's BIG Show, will start with an investment in data platform 42 Technologies, which works with fashion companies.
Information from the Identity Theft Resource Center's database shows that mobile devices pose the smallest data breach threat. Companies should focus on securing laptops, external hard drives and cloud services using encryption to lower their risk of a breach, Galen Gruman writes.
An outbreak of yellow fever in southeastern Brazil has the country's health officials worried of the incident's potential to become an epidemic. The death toll stands at 30 people, with an estimated 110 diagnosed with the disease.
The Federal Communications Commission's Ajit Pai is expected to be named interim chairman on Friday after Chairman Tom Wheeler's departure. White House spokesman Sean Spicer confirmed a meeting between Pai and President-elect Donald Trump and referred to Pai as the current FCC chairman.
The Golden State Warriors held a groundbreaking ceremony for a $1 billion, 18,000-seat basketball arena in San Francisco. It will be part of a new community that includes a 5.5-acre waterfront park and 11 acres of public plazas and dining and office space.
As part of effort to reduce its carbon emissions, luxury brand LVMH says its French facilities' electricity will be 100% renewable by the end of the year. The company faces challenges in making sustainability go hand in hand with luxury items.
Air Transport World honored American Airlines with its top ATW Airline Industry Achievement award. "American Airlines has never been in better shape to deliver more to all of its stakeholders, and that is because of the leadership skills of American's executive team and the dedication and hard work of its employees around the world," said Karen Walker, editor-in-chief of ATW.
Faster progress and removal of the weather factor combine to make modular construction increasingly popular in the hotel industry. Guestrooms, hallways and other elements for a wide variety of lodgings can be built in factories and shipped for assembly onsite.