The Latest Breaking News from McKinsey

Latino Entrepreneurs Drive U.S. Business Growth Despite Challenges

Latino-owned businesses are growing rapidly, but closing key gaps in revenue and support could drive massive economic value and job creation nationwide.

Latin Times · Dec 28, 2024

McKinsey To Pay $650 Mn To Settle US Criminal Case On Opioids

Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, worsening a public health crisis, officials announced Friday.

International Business Times · Dec 13, 2024

McKinsey to pay $650m to resolve US investigation into opioid crisis role

Consultancy giant agrees to two criminal counts, including for conspiring with drug manufacturers, in DoJ settlement

The Guardian - US · Dec 13, 2024

Agency overseeing $368bn Aukus deal in morale crisis paid consultancy $9.5m for management advice

Exclusive: Australian Submarine Agency’s ten-month contract with McKinsey says it’ll deliver skills ‘currently unavailable’ within government department

The Guardian - AU · Dec 6, 2024

Morning Mail: firm with fossil fuel links advises on climate policy, teen radicalisation warning, (not) the Christmas weather forecast

Federal climate change department outsourced work to consultancy with known links to oil and gas companies

The Guardian - AU · Dec 5, 2024

McKinsey paid $1.6m to ‘guide’ Australian climate policy despite working for fossil fuel companies

Firm disclosed its private sector work, Guardian Australia is told, but it is not known which clients were listed

The Guardian - AU · Dec 5, 2024

Amid Gen Z’s love of cheaper, lab-grown diamonds, a natural diamond giant slashes prices

After holding out, De Beers cut prices by more than 10%, according to Bloomberg.

Fortune · Dec 2, 2024

Jamie Dimon says the next generation of employees will work 3.5 days a week and live to 100 years old

Jamie Dimon, CEO of JPMorgan Chase, says AI will enable people to work 3.5-day weeks in future.

Fortune · Nov 24, 2024

First Thing: ICC seeks Netanyahu’s arrest over allegations of ‘war crimes and crimes against humanity’

The international criminal court also issued warrants for Israel’s Yoav Gallant and Hamas’s Mohammed Deif. Plus, Matt Gaetz withdraws from attorney general nomination

The Guardian - UK · Nov 22, 2024

Revealed: McKinsey clients had ‘rising share of global emissions’, internal analysis shows

Consulting giant had said it engages with clients to help them transition to cleaner energy even as it knew they were in line to exceed climate targets

The Guardian - US · Nov 21, 2024