[VIDEO] How Can Capitalism Help End Poverty? Here’s How

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Former U.S. Treasury Secretary Lawrence Summers, Nigeria‘s former finance chief Ngozi Okonjo-Iweala and the president of the Institute for Liberty and Democracy Hernando de Soto join us at Fortune-Time Global Forum.


[VIDEO] The Pros and Cons of Marijuana Legalization 

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Teamwork! Starbucks CEO Schultz Is ‘Stunned’

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‘But he asks his staff to respect the result’

Starbucks CEO Howard Schultz has made no secret of his disdain for Donald Trump.

In a letter to staff on Wednesday, Schultz said he was gobsmacked by the president-elect’s victory but said Americans had to respect the results.

“Like so many of our fellow Americans—both Democrats and Republicans—I am stunned,” Schultz wrote. Giant Coffee Cup“We cannot know what the precise impact will be on our country and the rest of the world. I am hopeful that we will overcome the vitriol and division of this unprecedented election season.”

Echoing the conciliatory tone of Trump’s opponent, Democratic candidate Hillary Clinton, and President Barack Obama in speeches Wednesday afternoon, Schultz said people needed to give Trump a chance to govern well.

In September, the politically outspoken Schultz endorsed Clinton for president, saying he remained optimistic about the country’s future, despite what he saw as an effort by politicians and the media to paint the nation with “cloudiness and despair.” Read the rest of this entry »


[VIDEO] Watch Hillary Clinton and Her Staff Do the ‘Mannequin Challenge’

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Capitalism Replies: ‘Hillary Clinton is Out of Balance, Needs a Reset’

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Read more…

[Fortune]


College Students Prefer Their iPhones Over Sex and Beer

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According to a super not scientific study

But those people are wrong. There is one thing college students care about more than sex, drugs, parties or anything else. And that is their iPhones. At least, according to a recent study conducted by Student Monitor. Researchers surveyed 1,200 undergrads around the U.S. to choose “what’s in on campus” from a list of 77 options, Fortune reports.

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Apple’s iPhone earned the most votes, with 66% of students selecting it. The next most popular results were coffee, texting, Facebook, iPads and Instagram. Beer was #7 on the list and “hooking up” was #12. Read the rest of this entry »