One of the most coveted sneakers ever made is a pair of black-and-yellow basketball shoes called the Wu Tang Dunks, released by Nike in 1999. Legend has it that only 36 pairs were ever produced and given to friends and family of the Staten Island hip-hop group. But when the world’s largest sportswear company announced … Read more
Stay up to date with free updates Simply register for the ESG investing myFT Digest — straight to your inbox. Shareholder support for environmental and social issues at U.S. companies has declined for the second year in a row as high-profile campaigns by progressive investors at ExxonMobil and Starbucks failed to gain traction. According to … Read more
The information reported today that shortly after COVID-19-related lockdowns and protests in China impacted iPhone assembler Foxconn in late 2022, Apple’s senior vice president of Operations Sabih Khan instructed managers to cut the number of workers on iPhone assembly lines by as much as 50% reduce compared to 2022. in subsequent years. To achieve this … Read more
Meredith Whittaker – president of the Signal Foundation, which runs the eponymous end-to-end encrypted (E2EE) messaging app – on Monday criticized the European Union’s latest proposals to require messaging services to check whether users shared child abuse material. Her complaint follows the publication of an internal document by the European Council – the EU body … Read more