At the Fast Company Innovation Festival, former Stockton mayor Michael Tubbs and the Baby2Baby co-CEOs talked about the promise of guaranteed income for low-income families and the role of the private sector.
When Michael Tubbs, the former mayor of Stockton, California, was still in office, he created a pilot program that would provide $500 a month to residents with an income under $46,000. For 24 months starting in February 2019, 125 residents of Stockton received a monthly cash infusion. During a panel at the Fast Company Innovation Festival, however, Tubbs revealed that it wasn’t until the pandemic hit that he realized just how crucial guaranteed income could be for those families.Read Full Story
Whartons Katherine Klein talks with B Lab co-founder Bart Houlahan about the soaring interest in companies seeking Certified B Corporation status and what that means for the social impact movement.
The latest Women in the Workplace report from McKinsey & Company and LeanIn.org reveals some alarming trends.
Given the dumpster fire that was 2020, and the uncertainty about where work will get done after 18 months of the pandemic, is it any wonder that workers are more burned out than ever? What is perhaps more disturbing is that the seventh annual Women in the Workplace report from McKinsey & Company and LeanIn.org reveals that the gender gap in burnout is getting wider.Read Full Story
The holiday season is big business for e-commerce, but this year will be very different across every platform. Brands should focus on profitability over sales volume, because even though Amazon will again see record sales, the game has changed more so than any previous year. Let's examine why the key to a successful 2021 holiday season for brands is to focus on increasing their profits, rather than sales.
Direct cash transfers have become mainstream during the pandemic. But two Nobel Prize-winning economists say the way in which they’re administered needs some ironing out.
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Ophthalmologist Dr. Patricia Bath and computer engineer Marian Croak will join the likes of Thomas Edison, Nikola Tesla, and Steve Jobs.
The National Inventors Hall of Fame, which celebrates innovators and trailblazers both living and dead, will induct its first-ever Black female honorees this year.Read Full Story
The ousted driver now says he had already quit when he posted the racist TikTok.
A FedEx driver named Vincent Paterno was fired after posting a TikTok video last week refusing to deliver packages to houses with Black Lives Matter, Joe Biden, or Kamala Harris flags.Read Full Story
The Facebook-owned company, under fire for its effect on the well-being of teen girls, wants to remind young people about the power of self-exploration.
Facebook announced today that it was hitting pause on the development of a version of Instagram for kids under 13. In a blog post, the company wrote, “While we stand by the need to develop this experience, we’ve decided to pause this project. This will give us time to work with parents, experts, policymakers and regulators, to listen to their concerns, and to demonstrate the value and importance of this project for younger teens online today.”Read Full Story
At the Fast Company Innovation Festival, the Representative makes the case for why a better safety net for families helps the entire economy.
Watch the Fast Company Innovation Festival Live now.Read Full Story