Korn Ferry: The EU’s Reliance on Older Workers

By SIMON CONSTABLE

It’s the ideal goal of companies around the world—hire a steady stream of young, talented workers, then develop them into future leaders who in turn help the organization reach new heights.

But while all firms experience challenges in developing leaders, European organizations have an even more fundamental problem: hiring young workers in the first place. Read more here.

Darden: Cooking (and Uncooking) the Books: Corporate Financial Misreporting

By SIMON CONSTABLE

In business, mistakes happen all the time. But how many executives follow the rule “If you make a mess, clean it up”?

A mere one-in-six public companies almost certain to have misstated their earnings actually bothered to fix the problem, according to new research conducted by Justin Hopkins, a member of Darden’s Accounting faculty.

“You can identify firms to a high degree of likelihood whether they committed wrongdoing without their admitting to it,” says Professor Hopkins. Put bluntly, confessions aren’t required to identify the probable perpetrators. Read more here.

Forbes: The Bill To Green America's Electricity Industry Is As Big As The Banking Bailout

By SIMON CONSTABLE

The bill for greening your electricity is going to be as big as the banking bailout.

More specifically, the net cost of replacing all fossil fuel power stations with renewable energy will total more than $700 billion over the next three decades. That's comparable to what the U.S. Treasury paid to rescue the broken U.S. banks a decade ago.

That's also the low estimate. Read more here.

Forbes: What You Need To Know About Sadiq Khan's Rent Control Plan For London

By SIMON CONSTABLE

You really can't fix stupid.

Sadiq Khan, the left-leaning mayor of Britain's capital city, London, wants to introduce rent controls as a way to make housing more affordable.

The problem is that doing such a thing will almost certainly have the opposite effect of that desired and will make renting a home even harder.

Here's what you need to know and why it won't work. Read more here.

TheStreet: Harley Davidson Races Past Expectations but Motorcycle Sales Remain Sluggish

By SIMON CONSTABLE

Iconic motorcycle maker Harley Davidson raced past Wall Street expectations in the second quarter. The business, however, is slowing down. Read more here.

Photo by Donald Teel on Unsplash

The Street: Toymaker Hasbro Wins Big in Second Quarter, Crushes Estimates

By SIMON CONSTABLE

Toymaker Hasbro smashed Wall Street earnings estimates in the second quarter on the back of strength in North America.

The company posted adjusted earnings per share of 78 cents vs. analysts' expectations of 50 cents. Last year, the company earned 48 cents a share. Read more here.

TheStreet: Stanley Black & Decker Smashes Earnings Expectations

By SIMON CONSTABLE

Home improvement tools maker Stanley Black & Decker smashed earnings expectations with improved sales and reduced overhead driving the results.

In the second quarter, the company reported adjusted earnings per share of $2.66 vs. Wall Street expectations of $2.55. Earnings a year earlier were $1.93 a share. Read more here.