If Trump loses but won’t concede, how will the markets react?

The US executive branch has seen a lot in the past couple of centuries: assassinations, resignations, contested elections. But what would happen if the president was voted out of office and refused to leave?That’s what traders and investors asked themselves this week, after US president Donald Trump refused to commit to a peaceful transfer of power...

1h

Africa’s fashion business is trying new and traditional methods to reform as a sustainable industry

While public health experts and pundits speculate over a possible second wave of Covid-19 and the frantic race to find a vaccine forges ahead, creative industries are forced to do what they do best—reinvent.Local fashion industry insiders across Africa are exploring new sustainable solutions, and tapping into more traditional ones, that will enable...

4h

Metals.com is shut down by US regulators after years of allegedly scamming seniors

A precious metals dealer who sold overpriced gold and silver to older conservatives was sued by the US federal government and 30 states this week for alleged large-scale fraud.The lawsuit alleges Metals.com and its parent company TMTE defrauded $185 million from at least 1,600 investors and most are elderly—$140 million of the allegedly defrauded money...

14h

HBO Max is betting everything on DC Comics

AT&T chose the respected HBO brand to represent its new streaming service, HBO Max. But it’s really banking on a different part of its WarnerMedia content library to lure subscribers: superheroes.HBO Max, which launched in the US in May and will be rolled out to other countries next year, is looking more like the inside of a comic book with each...

17h

How social media is being exploited for South Africa’s long-standing xenophobia problem

Anti-migrant sentiments reared its head again this week in South Africa. On Sept. 23, hundreds of protesters under the banner of #PutSouthAfricansFirst movement marched along the streets of the capital Pretoria to the Nigerian High Commission, where they handed over a memorandum.But what was different this time from previous anti-migrant protests was...

19h

China has big climate plans but the EU isn’t impressed

Chinese president Xi Jinping made a major and unexpected announcement on Tuesday (Sept. 22) at the UN general assembly: China, the world’s second largest economy and largest polluter, will become carbon-neutral by 2060.And yet the European Union, one of China’s biggest allies on climate change, seems decidedly unimpressed.Climate change and the EU-China...

19h

Prada’s new designer is tailoring clothes for Zoom

From the rise of digital custom fittings to clothing subscription services to the Hermés Apple Watch, fashion and technology are pushing each other forward. The highly anticipated debut of Raf Simons’ first clothing collection as Prada’s co-creative director—which New York Times fashion critic Vanessa Friedman singled out as “possibly the most anticipated...

19h

Tesla’s bumpy road to today’s stratospheric stock price

It was supposed to be Tesla’s coronation. After narrowly escaping bankruptcy, the Silicon Valley automaker—profitable and dominant in an industry that once dismissed it—was to enter the S&P 500 index on Sept. 4. To sweeten the symbolism, the oil and gas giant ExxonMobil had just been ejected from the Dow Jones index, marking the fossil fuel industry’s...

20h

Residents in Lagos are paying for the city’s worsening air pollution with their lives

There is growing evidence of how bad—and expensive—air pollution is in Lagos, Africa’s largest mega-city.The city which is home to over 20 million people is infamous for congestion and snaking lines of traffic jams. But as data from a recent World Bank study show, the city’s residents are paying a very high price: the study estimates air pollution resulted...

20h

What most managers don’t know about leading diverse teams

Vernā Myers, vice president of inclusion strategy at Netflix, says the best thing about what has happened in the past few tragedy-marked months since the Black Lives Matter movement was reignited is that “the words ‘oppression’ and ‘structural racism’ and ‘systemic issues,’ these are part of the parlance, the regular vocabulary.”“Now, let’s not let...

22h