Five of the 10 companies that paid MBAs the most were financial businesses and three were consulting firms. The only Silicon Valley representatives that made their way into the top 10 were Google and Apple. Even at those tech giants, MBAs earned 36 per cent less than their peers at Morgan Stanley, mainly because they hauled in smaller bonuses.Goldman handed out the largest bonuses overall, awarding the MBAs we polled a median US$175,000 in discretionary pay on top of their US$200,000 salary.
Two years ago, we had shorts and we had pants. Shorts were short. Pants were long. China has been setting national and local targets to reduce its notorious air pollution as citizens have become increasingly aware of the health dangers. Beijing’s municipal government has been replacing coal fired boilers with natural gas powered facilities, forcing older, more polluting vehicles off the road, and closing or moving factories that are heavy polluters.The city’s average concentration of PM2.5 small, inhalable particles that can penetrate deep into the lungs and are considered a reliable gauge of air quality was 81 micrograms per cubic meter in 2015. That was a drop of 6 per cent from 2014, and 10 per cent lower than 2013, when Beijing started publishing data on PM2.5.The “number of days of most serious PM2.5 pollution is falling each year,” the capital’s municipal environmental protection bureau said Monday.It was, however, still more than twice China’s own standard of 35 micrograms per cubic meter, and seven times higher than an annual mean of 10 that the World Health Organization gives as its guideline for safe air.Other pollutants also fell, including sulfur dioxide by 38 per cent and nitrogen dioxide by 12 per cent.
Levi won be the first clothing brand to make such a pledge competitors including the fast fashion retailer Zara had also committed to go toxic free but with net revenues of $4.7 billion in 2011, it by far the biggest and most visible company to detoxify itself.In a blog post after the agreement with Greenpeace was announced on Dec. 12, Levi chief supply chain officer David Love stressed that the company garments are to wear, but acknowledged the need to clean up the production process while promising change: By July 2016, we will stop producing products with perfluorinated compounds (PFCs) chemicals that have unique properties to make materials breathable, waterproof, and stain resistant. This challenge is significant, considering there are currently no equally effective alternatives to PFCs.