From Citibank to the Miami Heat, companies are mobilizing their expertise and capabilities as a response to Typhoon Haiyan. Corporate pledges have so far been announced that exceed $30.1 million. The need is acute: thousands have died and some 660,000 have been forced from their homes. According to the Philippine government, more than 2 million people, including 300,000 pregnant woman and new mothers, need food aid. Here is where to report any aid your company is providing, and a summary of what U.S. companies have committed to doing thus far.
Starbucks CEO Howard Schultz is asking his fellow chief executives to push for an end to the gridlock in Washington, saying there needs to be a return of civility over partisanship. Alcoa CEO Klaus Kleinfeld compares the threat that the US might refuse to raise the debt ceiling to a “giant Taser” that will freeze confidence in the world economy, not just the U.S.
According to commentator Brad Stone, Amazon founder Jeff Bezos isn’t trying to kill the media business, but he may be trying to re-invent it and by doing so may be trying to race ahead of firms like Apple and Google.