Crude oil prices up = optimism for the global economy
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The price of crude oil is spiking, with some of that driven by the economies around the world that have been able to move away from pandemic restrictions on travel. Plus, a bulldozer is an uninspiring way to deal with an empty J.C. Penney. What about turning it into affordable housing? And, corporate leaders have pledged to take into account the needs of the earth, communities, employees and other stakeholders beyond shareholders. How do you measure whether they're meeting that pledge?
Segments From this episode
"As people get more confident that the economy is coming back online, the price of oil is increasing"
That's according to Susan Schmidt, head of U.S. equities at Aviva Investors. "And we're seeing it now approach levels that we saw in 2018. That's a healthy sign on expectations."
But cities, who don't want to give up sales tax revenue, and stores may not be quick to give up mall space.
SoulBranding founder Elsie Maio argues companies must measure effects on "the tangible well-being of humans ... of our planet."
David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director