Business

More and more people are feeling both tired and lonely at work. In analyzing the General Social Survey of 2016, close to 50% of people say they are often or always exhausted due to work.

What’s more, there is a significant correlation between feeling lonely and work exhaustion: the more exhausted people are, the lonelier they feel.

This loneliness is not a result of social isolation, but rather is due to the emotional exhaustion of workplace burnout. The problem seems to be pervasive across professions and up and down corporate hierarchies.

Loneliness, whether it results from social isolation or exhaustion, has serious consequences for individuals. Research by Sarah Pressman, of the University of California, Irvine, demonstrates that while obesity reduces longevity by 20%, drinking by 30%, and smoking by 50%, loneliness reduces it by a whopping 70%.

Imagine the impact individual organizations could make if they teamed up to solve the world's most intractable societal problems.

That new mindset took center stage in Copenhagen at the inaugural global innovation lab, UNLEASH. There, a thousand carefully chosen, young social entrepreneurs came together from across the world to develop innovative approaches to the United Nations Sustainable Development Goals. 

Multiple surveys show that public trust and confidence in government, business, NGOs and media is at an all-time low. Business, however, is considered the most likely of these groups to have a positive impact on the world’s most difficult challenges.

Some of the ideas for solutions to global problems at the first UNLEASH were:

Artificial Intelligence, also known as AI, is best described as machine learning. Instead of programming a computer to perform a task, the computer will program itself.

As AI continues to grow it will enhance our lives. We can already see this in action with Apple’s Siri and Amazon’s Alexa. Companies like Amazon are using AI in order to predict your next purchase. Another great example of AI in current use is with chat bots that you find in websites like Facebook, and in customer support apps.

Many people are looking forward to self driving cars that are completely driven by AI. Tesla has already incorporated AI into its autopilot that can be turned on at a moment’s notice. Google and other companies are in a rush to keep up.

New Zealand hasn't been walking the talk on climate risk, finds a sweeping new analysis of hundreds of annual reports and statements.

Climate change threatens hundreds of billions of dollars of property and infrastructure, and will require an economy-wide shift toward lower emissions. However, of more than 380 large organisations analysed, just 40 recognised the risks as of serious concern—suggesting that boards either opted not to publicly disclose the implications, or didn't discuss them at all. "Both are horrific—but the latter is particularly more horrific," said Wendy McGuinness, chief executive of Wellington-based think-tank the McGuinness Institute.

A new law will go into effect in June 2018 to regulate minpaku, private residences rented out by their owners as short-term lodgings. The new law will address changes that have occurred in recent years due to the rise of Airbnb, the worldwide online service that allows travelers to book rooms in private homes directly from the owners of those residences.

After June 15, minpaku rentals will be permitted throughout Japan. Under the new law, if owners don’t live in the building where they rent rooms, they will be required to hire a management company to take care of the property. 

The Trump administration has announced a position on protecting migratory birds that is a drastic pullback from policies in force for the past 100 years.

In 1916, the U.S.A. and Great Britain signed the Migratory Bird Treaty, which became U.S. law in 1918. The measures protected more than 1,100 migratory bird species by making it illegal to pursue, hunt, take, capture, kill or sell live or dead birds, feathers, eggs, and nests, except as allowed by permit or regulated hunting.

Now the Interior Department has issued a legal opinion that excludes “incidental take” – activities that are not intended to harm birds but do so in ways that could have been foreseen, such as filling in wetlands where migrating birds rest and feed. Why? For fear of “unlimited potential for criminal prosecution,” such as charging cat owners whose pets attack migratory birds, or drivers who accidentally strike birds with their cars, with crimes.

Walmart is taking aim at Amazon's Kindle business and diving into the business of selling e-readers, e-books, and audiobooks through a partnership with Japanese e-commerce giant Rakuten.

As part of the deal, Walmart will start selling Aura-branded e-readers made by Kobo, a division of Rakuten, in stores and online at Walmart.com. Kobo is one of Amazon Kindle's biggest competitors. 

Walmart will also offer customers access to Kobo's vast library of nearly six million titles from more than 30,000 publishers, Michael Tamblyn, CEO of Rakuten Kobo, told Business Insider. 

Customers will be able to access the e-books and audiobooks through a co-branded Walmart-Kobo app that will be available on smartphones, desktop computers, and Kobo's e-readers.   

Critics of media consolidation are decrying an announcement that the media company Meredith Corp., with a $650 million boost from conservative billionaires David and Charles Koch, will buy Time Inc.—which owns Time, Fortune, People, and Sports Illustrated magazines—for an estimated $2.8 billion.

In a statement announcing the all-cash deal, Meredith Corp. insisted that Koch Equity Development—a subsidiary of Koch Industries, the billionaire brothers' company that's largely been built through investments in oil, natural gas, and chemicals—"will not have a seat on the Meredith Board and will have no influence on Meredith's editorial or managerial operations."

The Japanese government is urging steelmaker Kobe Steel to clarify the extent of manipulation of data on steel, aluminum and other metals used in a wide range of products, reportedly including rockets, aircraft and cars.

A government spokesman on Wednesday criticized the apparently widespread falsification of data as "inappropriate," saying it could undermine product safety.

Deputy Chief Cabinet Secretary Kotaro Nogami told reporters that about 200 of Kobe Steel's customers were affected.

Kobe Steel, Japan's third-largest steel maker, announced Sunday that between Sept. 1, 2016 and Aug. 31 of this year it had sold aluminum and copper materials using falsified data on such things as the products' strength.

The company said the materials included aluminum flat-rolled products, aluminum extrusions, copper strips, copper tubes and aluminum castings and forgings.