Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Mar 21, 2026 12:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Andrew J. Hoffman

Holcim (US) Professor at the Ross School of Business and School of Environment and Sustainability, University of Michigan
Andy Hoffman is the Holcim (US) Professor of Sustainable Enterprise at the University of Michigan, with joint appointments in the Ross School of Business and the School of Environment and Sustainability.

Professor Hoffman has written extensively about corporate responses to climate change; how the interconnected networks of NGOs and corporations influence change processes; and the underlying cultural values that are engaged when these barriers are overcome. His research uses a sociological perspective to understand the cultural and institutional aspects of environmental issues for organizations. In particular, he focuses on the processes by which environmental issues both emerge and evolve as social, political and managerial issues.

He has published fifteen books, which have been translated into six languages. His work has been covered in numerous media outlets, including the New York Times, Scientific American, Time, the Wall Street Journal and National Public Radio. He has served on research committees for the National Academies of Science, the Johnson Foundation, the Climate Group, the China Council for International Cooperation on Environment and Development and the Environmental Defense Fund. Prior to academics, Andy worked for the US Environmental Protection Agency (Region 1), Metcalf & Eddy Environmental Consultants, T&T Construction & Design and the Amoco Corporation.

Andy has worked with organizations in both the public and private sectors. This includes projects with: Accenture LLP, Dow Chemical Co., Environmental Defense Fund, Exxon-Mobil Corp., Holcim (US) Inc., International Finance Corp., Novartis, The Conference Board, The Nature Conservancy, The Southern Company, World Business Council on Sustainable Development, and Yellowstone National Park.

Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage

Nov 19, 2024 07:40 am UTC| Insights & Views Business

Home insurance rates are rising in the United States, not only in Florida, which saw tens of billions of dollars in losses from hurricanes Helene and Milton, but across the country. According to SP Global Market...

Climate Change Series

Why home insurance rates are rising so fast across the US – climate change plays a big role

Sep 25, 2024 12:42 pm UTC| Business Life

Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...

A better way for billionaires who want to make massive donations to benefit society

Dec 06, 2020 09:54 am UTC| Insights & Views

Jeff Bezos, the worlds wealthiest person, announced on Instagram in November 2020 that he was giving 16 organizations a total of about US$800 million for a wide array of climate-protecting work. This money will help pay...

Economy

J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures

J.P. Morgan has dramatically reversed its outlook on European monetary policy, now forecasting two European Central Bank rate hikes in April and July a stark departure from its earlier prediction of unchanged rates...

Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks

Goldman Sachs has revised its outlook for Bank of England interest rate cuts, now pushing expectations back to 2027 after the central bank held rates steady and flagged growing inflation concerns tied to the ongoing Middle...

Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict

Most Asian currencies declined Friday as rising oil prices triggered by the U.S.-Israel war on Iran rattled financial markets, while the U.S. dollar also edged lower despite briefly touching multi-month highs earlier in...

Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis

A new wave of Israeli military strikes hit Tehran on Friday, one day after U.S. President Donald Trump explicitly warned Israeli Prime Minister Benjamin Netanyahu against targeting Iranian energy infrastructure. The move...

Asian Markets Mixed as Oil Volatility and Inflation Fears Weigh on Sentiment

Asian stock markets traded in a choppy, directionless pattern on Friday as surging crude oil prices tied to escalating Middle East tensions rattled investor confidence across the region. The uncertainty followed a weak...

Politics

Trump Presses Japan to Support Iran War Effort, Cites Pearl Harbor in Surprise Defense

President Donald Trump met with Japanese Prime Minister Sanae Takaichi at the White House Thursday, urging Japan to contribute military support amid the ongoing U.S. war with Iran and growing concerns over skyrocketing...

Australian PM Albanese Heckled at Sydney Mosque During Eid al-Fitr Prayers

Australian Prime Minister Anthony Albanese faced vocal protests during his visit to Lakemba Mosque in western Sydney on Friday, where he joined thousands of worshippers for Eid al-Fitr celebrations marking the end of...

Taiwan Strengthens Deterrence Amid Ongoing Chinese Military Threat

Taiwans Defence Minister Wellington Koo issued a stern warning on Friday, reaffirming that Chinas relentless military expansion continues to pose a serious and pressing threat to the island nation. His remarks came shortly...

U.S. Officials Express Optimism Over New CDC Director Selection Amid Vaccine Policy Turmoil

The United States is moving closer to naming a permanent leader for the Centers for Disease Control and Prevention, according to a top health official. Chris Klomp, chief counselor at the Department of Health and Human...

S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks

U.S. stock markets showed resilience Thursday as the SP 500 recovered from a 1% intraday decline to trade nearly flat, driven by remarks from Israeli Prime Minister Benjamin Netanyahu claiming significant damage to Irans...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI

Amazon founder Jeff Bezos is in early-stage discussions to raise a massive $100 billion investment fund focused on acquiring manufacturing companies and accelerating their automation through artificial intelligence. The...

OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI

OpenAI is moving forward with an ambitious plan to consolidate its flagship products ChatGPT, Codex, and its browser-based tools into a single, unified desktop application, according to a Wall Street Journal report. The...

Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case

Super Micro Computer Inc (NASDAQ: SMCI) saw its stock drop as much as 14.6% in after-hours trading Thursday following a major legal development tied to illegal exports of artificial intelligence technology to China. The...

Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release

A mysterious artificial intelligence model that appeared anonymously on the developer platform OpenRouter last week has been identified as a product of Chinese tech giant Xiaomi, not the widely anticipated next release...

Apple Defies China's Smartphone Slump with Strong Early 2026 Sales

Apple has recorded a remarkable 23% jump in China smartphone sales during the first nine weeks of 2026, outperforming a broader market that contracted by 4% over the same period. The surge highlights Apples strengthening...