Amazon’s unionization vote comes at the worst time for company PR

Business’s social goals are not a passing political play

Good morning. It’s a sign of the sad state of U.S. public debate that nothing escapes political polarization these days, business included. Rising corporate attention to social issues—racial justice, climate change, inequality—is derided by commentators as “woke” behavior, with pundits on the left dismissing it as insincere posturing, while those on the right attack it as unwise […]

Why investors jumped on board the SPAC ‘gravy train’

The pandemic all but shut down IPO activity in March, and for a while it seemed like companies would press pause on going public. But nine months later, the public markets are busier than ever—largely thanks to special purpose acquisition companies, or SPACs. “Everybody jumped on board this gravy train,” Lise Buyer, founder and managing […]

As Treasury yields hit near 10-month highs, what it means for investors

Treasury yields are on a tear. The 10-year Treasury yield touched 1.18% on Tuesday, continuing its strong start to 2021 and hitting its highest levels since late March last year. However yields closed flat following ample demand in a $38 billion auction of new 10-year notes midday. “The move has been a pretty decent move […]