The University of California at Berkeley is considering allowing the sale of alcohol at college football and basketball games as one option to remedy the deficit in its athletic budget. The move was projected to raise $150,000 to $300,000 per year; the university wants to reduce athletic budget shortfall by $4.65 million.
The City Council of Mebane, N.C., has voted to allow Sunday alcohol sales to start earlier, moving from noon to 10 a.m. State government recently gave municipalities the option to move their sales times back.
A father in Halifax, Nova Scotia, reported that his 11-year-old daughter found a live scorpion in a bag of bananas bought at a Costco store. The scorpion didn't sting anyone and was later euthanized and put on display at the Nova Scotia Museum of Natural History.
Mentors from companies including Johnson & Johnson and Accenture participated in a program that matches them with female business leaders from countries such as Poland and Zimbabwe. "This program is about women's leadership, and we search the world for women with a daring vision -- women we believe in the next decade are poised to make extraordinary change," said Alyse Nelson, CEO of Vital Voices, a nonprofit that helps to run parts of the program.
Demand for gender lens investing -- a strategy that uses capital to elevate women and girls -- has grown over the years. "People are seeing the opportunity that is out there to invest and back high-tech, high-growth women entrepreneurs or fund managers who are developing funds around women's access to capital or around smart business that has women in leadership," said Suzanne Biegel of the Wharton Social Impact Initiative.
Women between the ages of 55 and 64 account for a significant percentage of the country's long-term unemployment, according to data from the Bureau of Labor Statistics. It's time to address ageism in the economy, Sally Koslow writes, and for managers to "think about hiring women the age of their mother."
The business world continues to present obstacles to the success of working mothers, who face a "motherhood penalty" in the form of lowered income, research has shown. Companies can take several steps to address the issue, including offering paid leave or providing child care options in the office, Alessandra Malito writes.
Diversity is key for fueling the kind of innovation that leads to long-term market growth, writes Geri Stengel, president of Ventureneer. A number of tools are now available to help companies make more diverse hiring decisions and expand the range of suppliers that they work with, she notes.
Premium bath and body brand Rituals will start selling three of its collections at Ulta Beauty stores, its first national push after opening 10 branded stores in New York. The collections will add 27 new products to the retailer's shelves.
Growing competition from discounters, club chains and online retailers has been shifting market share from traditional grocers and fueling a trend in store closures and consolidation. The number of US supermarkets with $2 million or more in annual sales fell 6% last year to 25,380, and that number is expected to dip to 19,000 by 2021, according to market research firm Inmar Willard Bishop Analytics.