Finance

Why It’s So Hard to Make an Endowment More Socially Responsible

When Wilder McCoy, a senior, became involved with the Sewanee student group, it had the word “divest” in its name — which they worried could come off as combative. The students eventually renamed their group the Socially Conscious Investment Club, in hopes of signaling their desire for cooperation. “We really bought into the ethos of

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As China Fights the Coronavirus, Some Say It Has Gone Too Far

SHANGHAI — China’s business leaders know better than to argue with Beijing. Leave the politics to the Communist Party, they long ago concluded, and the government will let them make money in peace. A vicious viral outbreak has upended that formula. China’s typically supercharged economy has ground to a near standstill as the authorities battle

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