The social media platform X says it will now formally allow people to show consensual adult content, as long as it is clearly labeled as such. The move makes official a policy already in place when the platform was known as Twitter, before billionaire Elon Musk purchased it in 2022. In a recent update on its website,...
Commerce
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Marketers Can Manage ‘Feature Creep’
Wifi-enabled washing machines. Voice-controlled microwaves. App-enabled TVs, vacuum cleaners, and even window blinds you can control from the comfort of your couch. Many of the technological features now included in everyday products are useful and accessible. But research has shown that having too many can overwhelm potential buyers, making them less likely to make a purchase. In...
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New Study Shows Unique Findings on SPAC-IPO Filings
Is honesty the best policy? New research from Derek Harmon, assistant professor of strategy, shows that when filing a special purpose acquisition company initial public offering, or SPAC-IPO, being honest about uncertainty may be key to funding success. Three Key Takeaways SPAC-IPO filings are more successful in financing when they openly communicate the uncertainty associated with...
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History Says Tariffs Rarely Work, but Biden’s 100% Tariffs on Chinese EVs Could Defy the Trend
Hundreds of BYD vehicles wait at a port in Suzhou, China, to ship out. AFP via Getty Images In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying his tariffs.”...
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Facebook Marketplace Is Home to Steals and Deals—and Serious Trust Issues
Love it or hate it, Facebook Marketplace is the largest online resale site today with more than one billion monthly users. A new study conducted by UBC researchers sheds light on the intricate web of trust, privacy and safety factors shaping users’ experiences on this popular platform. Researchers interviewed 42 Facebook Marketplace buyers and sellers...
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Ameliorating Afghanistan’s Economic Weakness
Nearly three years into Taliban rule, the Afghan economy remains weak. What can the U.S. and other donors do about it? Editor’s note: The following article is based on remarks given by the author at the Afghan-American Chamber of Commerce’s private-sector conference in Istanbul on March 4, 2024. Nearly three years into Taliban rule of...
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All-Cash Home Buyers Pay 10% Less Than Mortgage Buyers
Owning a home has long been considered a crucial way to build wealth, but making such a purchase has become increasingly difficult for many residents. In addition to steep housing prices and high interest rates, there have been a growing number of all-cash buyers who can close a deal quickly, beating out competing offers from buyers who...
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Companies Ignoring Climate Risks Get Punished by Markets, New Study Reveals
A pioneering study from the University of Florida has quantified corporations’ exposure to climate change risks like hurricanes, wildfires, and climate-related regulations and the extent to which climate risks are priced into their market valuations. The research also exposes a costly divide – companies that proactively manage climate risks fare much better than those that...
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Cocoa Beans Are in Short Supply: What This Means for Farmers, Businesses and Chocolate Lovers
A shortage of cocoa beans has led to a near shutdown of processing plants in Côte d’Ivoire and Ghana, the two countries responsible for 60% of global production. With chocolate makers around the world reliant on west Africa for cocoa, there is significant concern about the impact on the prices of chocolate and the livelihood...
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The Timeless Wisdom of Sanpo-Yoshi for Present Day Businesses
There is a growing emphasis for corporations to consider their impact on the environment, society, and its stakeholders. Broadly falling under environmental, social and governance or ESG, this involves practices such as using sustainably sourced materials, reducing carbon emissions, improving labor practices, fostering positive community relations, and promoting ethical corporate behavior, including efforts against anti-competitive practices...
