H&M Says Clothing Can Be Ethical and Cheap, Microsoft’s Hunt for New CEO, Rethinking Local Sourcing
H&M seeks to reverse its reputation problem by lobbying Bangladesh and Cambodia to raise the minimum wage. The retailer plans to pay a living wage to 850,000 textile workers by 2018.
Amazon is considering raising the price of its $79 Prime shipping program by up to 50 percent, which can mean an additional $500 million in revenue.
Veteran executive Satya Nadella is likely to be named Microsoft’s new CEO.
Some restaurant owners are reconsidering the farm-to-table, local sourcing movement, citing menu limitations and stunted creativity.