Axios reports: The Business Roundtable today made a small, symbolic but significant move: 181 of the nation’s top CEOs agreed that driving shareholder value is no longer their sole business objective. They expanded their mission beyond mere wealth creation to include everything from taking care of employees to helping their communities.
Reasons include: Millennial employees demand their employers stand for something beyond profit, and it is getting harder to recruit and retain talent, especially tech talent, if profit is the only objective.
Michael Bloomberg tops the list: He ‘wanted to run for president, settled for being the party’s most influential outside force instead.’
Ditch Your Boring Lunch: The 12 Best Fast-Casual Lunches in New York Are Gems of World Cuisine
Best of Late Night
“We’re halfway through August, and people don’t know how to handle this weird time between summer and fall. Today I saw someone drinking a pumpkin-spiced rosé.”
— Jimmy Fallon
“In business news, Coca-Cola just announced that they are releasing two new flavors: ‘Coca-Cola Cinnamon’, and ‘Winter Spiced Cranberry Sprite’. The company says they will be available while supplies last, and based on those flavors, that’ll be forever.”
— Jimmy Fallon
Best of Satire: Denmark Offers to Buy the U.S. (The New Yorker’s Borowitz Report)
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