• The K-shaped holidays: The affluent are spending more as the poor cut back

    8 days ago - By Fortune

    Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today .
    Low-paid service workers were the most likely to see their jobs cut during the pandemic. That lopsided economic blow has created something of a K-shaped economy, where the poor are worse off while the affluent, in many cases, are seeing their net worths increase thanks to a record stock market .
    But is the uneven COVID-19 economy translating into a divided holiday season? To find out, Fortune and Civis Analytics teamed up to survey 10,063 adults in the U.S...
    Read more ...

     

  • She's pushing a green, digital, diverse future. And this CEO doesn't care who the president is

    She's pushing a green, digital, diverse future. And this CEO doesn't care who the president is

    8 days ago - By Fortune

    Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today .
    When Helle Østergaard Kristiansen joined the Danish energy trader Danske Commodities a decade ago, the executive admits it was something of a different world.
    “First of all, the energy market was not as liberalized as it is today. The production side was very, very different,” she says. “Because we didn't have the renewable mix we have today.”
    Margins were higher, because the competition was lower. The trading was different: more conventional, less digital. Now...
    Read more ...