The NACD updates its framework for corporate boards

With stock market gyrations, inflationrising interest rateswar in Ukraine, divisive politics, and climate change making business survival ever-more challenging, the National Association of Corporate Directors (NACD) has picked an opportunity time to update its user manual forboard members.

The last time the membership group had issued a set of principles about the role and responsibilities of boards was in 2011, when corporate leaders were still reckoning with the global financial crisis. A new business ethic was growing, from b-corps to conscious capitalism, but it was far from mainstream. The end game was still focused on the shareholder—a.k.a. the stock price—full stops. Boards loaded up CEOs with stock options and equivalents with the idea of ​​“pay for performance” ringing in their ears.

The rules are beginning to change, though.

A dynamic environment of social media, systemic risks, and deep uncertainty about the future has underscored the

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Michigan approves $846 million in aggressive bid to attract new business

  • Michigan lawmakers approved $1 billion in spending Wednesday, mostly to fund business incentives
  • The deal was reached between Republican legislative leaders and Democratic Gov. Gretchen Whitmer, with some critics
  • The SOAR fund was launched last December with $1 billion, with most of it spent on three deals, requiring its replenishment

LANSING — Michigan is intensifying efforts to bring more large-scale development to the state, voting Wednesday to add hundreds of millions of dollars to a fund that would sweeten how much it can offer “transformative” businesses in incentives.

A bipartisan vote in the Michigan Legislature boosted the state’s business attraction budget by $640 million and reauthorized more than $200 million left over from a previous investment in the fund.

The Legislature approved the increase to the Strategic Outreach And Attraction Reserve (SOAR) Fund late Wednesday, bringing the available balance to $846.1 million — which supporters said will keep Michigan competitive

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Kourtney Kardashian Bares it All in Cheeky Photo to Introduce New Business Venture

Kourtney Kardashian just revealed her newest project: a new vitamin and supplement line called Lemme.

The reality star, 43, announced the upcoming launch of her new brand via Instagram on Monday, where she also shared a very cheeky promotional photo.

The racy snap features Kardashian posing in a dreamy pit of oversized pastel-colored supplements while wearing nothing but strappy heels and light pink puff sleeves with just some of the supplements covering her chest.

“Lemme finally share what I’ve been up to!” The Kardashians star wrote in the caption on Monday’s post. “I’ve been dreaming of this idea, having lots and lots and lots of meetings and conversations with different people trying to figure out the best way to build this, the right partners and building the team that felt really good.”

“When it was finally all right, it was all happening with ease,” she continued, noting that the new

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American Airlines introduces new business class: Flagship Suites

The rumors are true: American Airlines will be phasing out long-haul first class in the coming years.

But well-heeled travelers don’t need to fret too much. The airline is planning to consolidate its Flagship First and Flagship Business classes into a new Flagship Suites configuration on its most premium-heavy planes, promising direct aisle access and a privacy door for everyone up front on many of its high-value routes.

American will also update and expand the premium economy cabins on those aircraft as part of the overhaul, installing new seats with headrest wings for greater privacy.

“What’s core to all of this is American Airlines continuing to listen to our customers and continuing to get feedback from our customers,” Julie Rath, American’s vice president of customer experience told USA TODAY. “Our Flagship Suites that we’re delivering are really aligned with what the customer expectation is in the premium cabin.”

Summer air

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Local shopping center gets upgrades as new business opens

Things just got a whole lot better at the old Royal Oaks Shopping Center on Ribaut Road in Port Royal. After treading water for a number of years with Piggly Wiggly corporate pulling out and the grocery store going independent, and with a SEARS Hometown store that closed its doors in 2018, a new ACE Hardware location breathed new life and in upgrades to the shopping center .

With the new ACE Hardware built along the roadside of the center, lots of improvements came along with the addition. ACE Hardware joined the Piggly Wiggly, Roses Express, West Marine and Frank’s Spirits at Royal Oaks.

Among the upgrades to the shopping center, each of the tenants at the center received new illuminated signage and the old parking lot has been mostly recovered with clean black top. Also, the old bank building was demolished and another liquor store and a tanning salon

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