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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?

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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October, down from 10.687 million in September. October was the fifth decline in the last seven months since hitting a record high in March (see first chart). Robert Hughes.

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Senior Transport Service Onward Raises $1.5M

PYMNTS

and caregivers who aren’t able to transport their loved ones. Within a year, Onward expects to have hundreds of drivers on board, as well as an increase in the number of vehicles that can transport riders in powered wheelchairs. They are all trained in CPR, dementia, and have gone through a background check and car inspection.

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SoftBank To Invest In Indonesia’s Sustainable City

PYMNTS

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. The transportation system will consist only of electric vehicles. We didn’t discuss specific numbers,” Son told reporters.

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SoftBank Could Invest $40B In New Indonesian Capital

PYMNTS

While no figure has been suggested yet, SoftBank has reportedly offered to invest a maximum of $40 billion in a new capital city Indonesia intends to create on Borneo island. The official reportedly noted that he would talk about the possible investment more with Son at the Word Economic Forum meeting on Monday. and China. .

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California Long Ruled U.S. Shipping. Importers Are Drifting East.

CFO News Room

In August, Los Angeles lost its title as busiest port in the nation to the Port of New York and New Jersey as measured by the number of imported containers. The boxes made it easy to transport goods by land and then stack the containers onto ships for their journey. carrying 58 boxes bound for Houston. It is spending more than $1.3

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Union Budget 2022-23: Govt maintains focus on sector

CFO News Room

While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. In terms of investments, roads and railways have seen a significant increase in outlays, with y-o-y increase of over 50%.

Budgeting 130