Business takes on the baddies

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

Is it a bird? A plane? No, it’s a corporate crime-buster

puts a bounce in your step. Streets bustle with noisy fruit-sellers and minibus drivers seeking custom. But South Africa’s commercial capital can also put a knot of fear in your stomach. Jozi, as locals call it, is notorious for muggings and armed robbery. Corporate offices bristle with impenetrable security and armies of guards. Yet the area has grown less edgy since Schumpeter first visited, nearly two decades ago. For that, give some credit to Business Against Crime.

Proantioquia bankrolls research into the best ways to combat organised criminals. Other Colombian firms urge banks to extend loans to their hard-pressed workers so that they avoid, a vicious local species of loan shark. In Monterrey, a large industrial centre near Mexico’s border with the United States, big local firms known as “the group of ten” argued for reform of corrupt state police who had let violent criminals prosper.

Corporate caped crusaders have a range of motives. They fret that crime will hurt the wider economy and thus them, too. Whitney Smith of JPMorgan Chase, a bank which has funnelled $150m into rehabilitating parts of Detroit and is now contributing to efforts in Chicago, says that companies, civic organisations and local government all feared the Windy City was earning a reputation for violence. “It felt like a threat to economic growth for everyone,” she recalls.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Start by petitioning to get rid of none home grown criminals that will at least halve the problem!!! as Australia N.Z. Canada America DO!!!! Regardless of what could happen to them in their own country they should have thought of that before they turned to crime here !

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lyft's co-founder took a subtle dig at Uber's business model and cultureIn Lyft's roadshow video, Co-Founder John Zimmer hints at its larger rival Uber in making the case for a $23 billion IPO valuation. respect and truth big love story
Source: CNBC - 🏆 12. / 72 Read more »

Appeals court taking on whether Trump is violating the Constitution with his business dealingsThe arguments in the so-called foreign emoluments case test largely uncharted areas of constitutional law. Yeah it's a no brainer DT violated the Constitution I think after the 2020 election when Trump does his second term he needs to do two more times because he won’t have to fight so hard to get something done specially what is shadow government over the Democrat realDonaldTrump is the most notorious criminal ever.
Source: politico - 🏆 381. / 59 Read more »

Nokia says it is not taking on new business in IranFinnish telecom equipment maker Nokia does not plan to take on any new business ... yes but kia is?
Source: Reuters - 🏆 2. / 97 Read more »

Trump's accusations about socialism should be taken seriously — because when it comes to business, he's a socialistBy imposing his political will on industrial companies, Trump is taking a page from the well-worn playbook of 20th-century socialism. Nice try. What a crock! BI used to be good. Socialist? So now the MSM is slapping another label on Trump above and beyond the multitude of labels he’s been already slandered with? Soon they will run out of disparaging epithets!
Source: BusinessInsider - 🏆 729. / 51 Read more »

JPMorgan promoted its top cyber executive to run technology for its retail business and it shows how seriously the bank is taking securityRohan Amin, who previously served as the global CISO at JPMorgan Chase, will head up tech at its consumer and community banking division. So they bloody should.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Xerox says exploring potential deal for financing businessXerox Corp said on Monday it was exploring the possibility of a 'strategic ... Guys, guys, we have the solution ....stay with me here....we PRINT MONEY! It is still xerox here
Source: Reuters - 🏆 2. / 97 Read more »

3M to restructure business into four units3M said on Monday it would restructure its business into four operating units from five, as it looks to sharpen its focus on customers and boost growth. 0.75M ..
Source: CNBC - 🏆 12. / 72 Read more »