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Yahoo
21-04-2025
- Business
- Yahoo
Pope Francis' views on business, the economy through the years
During his tenure as the head of the Catholic Church, Pope Francis, who died Monday at age 88, spoke about how businesses and the economy should support the poor, while pushing back on suggestions he was anti-capitalist. The Vatican announced the death of Francis on Monday after he recently battled double pneumonia, following a series of health challenges in recent years. Francis had recovered enough to participate in Easter Sunday festivities in Rome, where he met with Vice President JD Vance. Vatican officials announced in an update on Monday that the pope died of a cerebral stroke. Francis, who was born in Argentina and named Jorge Mario Bergoglio, was interviewed by Argentine journalists Francesca Ambrogetti and Sergio Rubin for their 2023 book "El Pastor," in which he discussed his views on capitalism and the economy, which were profiled in "America Magazine" — a Catholic magazine published by the American Jesuits. "I do not condemn capitalism in the way some attribute to me. Nor am I against the market [economy]," the pope said. "I am in favor of what John Paul II defined as a social economy of the market. This implies the presence of a regulatory authority, that is the state, which should mediate between the parties. It is a table with three legs: the state, capital, and work." Pope Francis Dead At 88, Vatican Says Read On The Fox Business App "In no part of the Bible is there a commandment to produce poverty," Francis said. He said that the popular beatitude "blessed are the poor in spirit" means "the person who is not attached to riches." He added that "in no way is it bad to produce wealth for the good of all" and that "to produce it is an act of justice. And for that justice to be complete, it has to be distributive." Francis said in the book that governmental support for unemployed workers should be designed in such a way that it does "not affect the culture of work," because "work gives dignity to people." In remarks last June to managing directors and employees of major companies and banks, Francis said that businesses should focus on challenges related to the environment, the "poorest and the discarded," as well as young people. The pope urged them to put the environment at the center of their attention and said, "We are living in a time of serious environmental crisis that depends on many individuals and factors, among which are the economic and business choices of past and present." "It is no longer enough merely to comply with the laws of states, which are proceeding too slowly: we need to innovate by anticipating the future, with courageous and forward-looking choices that can be imitated. The innovation of the entrepreneur nowadays must first and foremost be innovation in caring for our common home," Francis said. What American Catholics Thought About Pope Francis He also urged them to "not forget the poorest and the discarded," saying: "A 'circular economy has become a key term, calling for reusing and recycling waste. Yet while we recycle materials and their waste, we have not yet learned – allow me to use the expression – to 'recycle' and not discard people and workers, especially the most vulnerable, to whom the culture of waste often applies." "It is important that you be wary of a certain 'meritocracy' that is used to legitimize the exclusion of the poor, who are judged as undeserving, even to the point of viewing poverty itself as their fault," the pope added. "The challenge is to include the poor in businesses, to make them resources for the benefit of all. This is possible. I dream of a world in which the discarded can become the protagonists of change, yet it seems to me that Jesus has already accomplished that, don't you think?" Francis' remarks also encouraged businesses to extend opportunities to young people, who he said "are often among the poor of our time: poor in resources, opportunities and a future. Paradoxically, this occurs both where there are many of them, yet lacking in means, and where there are fewer and fewer of them – such as in Italy, because children are not being born here – yet with available means." 5 Ways Pope Francis Impacted The Catholic Church "We do not learn any job without 'corporate hospitality,' which means generously welcoming young people when they lack the required experience and skills, for every job is learned only by doing it," the pope said. "I encourage you, then, to be generous, to welcome young people into your businesses, giving them a glimpse of the future so that an entire generation does not lose hope." In remarks to Italian family businesses in October 2024, Francis said, "The Church is the family of God, and looks kindly on everything that is family. First individuals and then the family: no! First the family and, within the family, the people." "In your case, you are characterized by the delicate balance between family and work, which is expressed in entrepreneurial courage and responsibility. It is good, it is constructive when courage and responsibility go together," he said. Bishop Barron Reacts To Death Of Pope Francis, Praises Papacy Marked By 'Mercy And Evangelization' "Like the mission of the Church, your activity is generally rooted in a territory, which you are called upon to enrich, both with the witness of family bonds and the seriousness of your professional commitment," he said. "May the gift of faith increasingly guide your presence in local realities, and strengthen your participation in the fortunes of humanity. Let us not forget that everything is connected, nothing is isolated." Francis said that the family businesses should "keep going, to feel that you are part, in the Church, of a larger family and a great undertaking, which is service to the Kingdom of God and to its justice." "I therefore invite you to enlarge your heart and broaden your outlook, to nurture listening, at home and in business, between different generations – this is important, listening between different generations; grandparents with grandchildren, this is very important," the pope said. "Believe in the vocation of your children – whatever it may be – and open doors and windows to those who wish to travel a stretch of the road with you." "Let us remember the parable of the talents: none of what has been entrusted to you should be 'buried'! Do not be afraid, and keep going with confidence," Francis article source: Pope Francis' views on business, the economy through the years
Yahoo
22-02-2025
- Business
- Yahoo
Open & Shut: Anchorage adds a fine jewelry shop, a Korean beauty store and a Boot Barn
Feb. 22—Open & Shut is an ongoing series looking at the comings and goings of businesses in Southcentral Alaska. If you know of a business opening or closing in the area, send a note to reporter Alex DeMarban at alex@ with "Open & Shut" in the subject line. Open 431 Glacier River: The family behind El Pastor restaurant in Eagle River opened their second diner in January. The menu at 431 Glacier River, also in Eagle River, is more American and less Mexican than El Pastor with its street tacos and breakfast burritos, said Abel Martinez, an owner in the business that includes his brother-in-law Jesus Gallardo de la Torre. Other family members work there including Abel's wife, Jasmin, and their daughter, Kayla. The number 431 represents the area code in the state of Jalisco where the family is originally from, Martinez said. The glacier and river were added to the name because they're Alaska symbols. Martinez said there are lots of popular dishes. There's the blue cheese burger with bacon, and the El Pastor burger that includes al pastor meat, pineapple and chipotle dressing. The meat for both is wagyu beef. The 431 sandwich comes with ham, cheese, avocado, spicy-and-sweet house dressing and other ingredients. A veggie burger includes portobello mushroom, caramelized onion and mozzarella cheese. The restaurant also serves up their popular chicken wings, with styles such as garlic Parmesan or spicier versions like strawberry habanero barbecue and mango habanero. Other fare includes shakes, salads, ceviches and shrimp cocktails. Everything is handmade, Martinez said during a recent break from cooking as patrons filled tables for dinner. "It's something new, something different that we wanted to introduce to people," Martinez said. "And customers are pleased." 431 Glacier River is open 11 a.m. to 9 p.m. on weekdays and 1-8 p.m. on weekends. It's located at 11823 Old Glenn Highway, at the old location of Jalapeno's Mexican Restaurant. Alaska Gem Lab & Fine Jewelry: Jordan Olive loved "cracking" open rocks when she was a kid growing up in Anchorage, hoping to find a geode or diamond inside. "I was just always interested in sparkly, shiny things," she said. Now, she's a gemologist with a new storefront in South Anchorage. Alaska Gem Lab & Fine Jewelry sits between the Flying Dutchman pasty shop and Lahn Pad Thai at 2101 Abbott Road, Unit 8. Olive and her staff provide services such as jewelry repairs, custom jewelry designs and appraisals for things like estate planning or insurance. Giamante, a former jeweler, previously occupied the same location. The outgoing owners encouraged Olive to open there, she said. She'd had a Midtown space for several years, then made house calls during the pandemic. "I jokingly called it 'jewels on wheels' for four years," she said. Olive has upgraded the decor with new lighting, flooring and furniture and other changes. Her quiet Italian Pointer, Oxford, adds his own touch of class. "He's head of security," she said. Olive makes handmade jewelry for customers, such as wedding and engagement rings. She can turn family heirlooms into new pieces. Clients are in charge of the design process. She also sells high-end jewelry and Rolexes on consignment. Gemstones in some jewelry include diamonds, colored stones and pearls. She also sells her own work, including glittery bracelets made from spruce needles cast in gold or silver, and a colorful, cabochon gemstone necklace. Alaska Gem is generally open from 11 a.m.-6 p.m. Tuesday to Friday and noon to 5 p.m. on Saturday. Olive is also available by appointment. K-Beauty Forever: Jennifer Tonn opened this store off Dimond Boulevard after a friend frequently asked her to bring back Korean beauty products when she traveled to the Lower 48. It was just one sign that Anchorage would support the store, she said. "Right now K-Beauty is very popular," Tonn said, referring to the term for Korean skincare products. K-Beauty Forever sells an array of Korean skin care and cosmetic brands, such as Whoo, Innisfree, Laneige and Sulwhasoo. It also sells beauty accessories, like hair rollers or hair ties. Skin care products are available for both women and men. Korean beauty products are sought-after because they focus on using natural ingredients, and generally contain fewer chemicals than U.S. brands, said her son, Joe Lee. The California resident is visiting Alaska to help with the store's opening. The Korean products work very well, said Alexa Aviles, a university student in Anchorage shopping in the store on Wednesday for the first time. "They're very hydrating," she said. K-Beauty is located next to Benji's Bakery and Cafe, at 901 E. Dimond Blvd., Suite B. It's open Monday to Saturday from 11 a.m. to 7 p.m. Boot Barn: Alaska has added another national retailer, after this Western wear and work apparel outlet opened at the Tikahtnu Commons in northeast Anchorage, next to the Costco store. Alaska is the 48th state to house the California-based chain, which owns more than 400 locations, company representatives said. "We really wanted to serve the community in Alaska with all this Western wear," said Michele Lorentz, the store's manager. The Boot Barn has nearly 10,000 pairs of boots in stock, said Brian Coyle, the chain's district manager for the Northwestern region. That includes cowboy boots and work boots, with safety features such as steel toes. Another 25,000 or so pieces of apparel are also on hand, such as blue jeans, skirts, hats, jackets, plus work clothing, Coyle said. A ribbon cutting is planned for March 7. The store is getting ready for the grand opening, Coyle said. It might include musicians, leather workers and radio stations, he said. "It's a big event for the store," he said. Boot Barn is located at 1068 N. Muldoon Road. It's open 9 a.m. to 8 p.m. Monday to Saturday, and 10 a.m.-6 p.m. on Sunday. Speedy Glass: The glass repair shop opened a new location in South Anchorage, replacing its smaller operation in Spenard at Arctic Boulevard and Fireweed Lane. The new Speedy Glass, off the Seward Highway at 6511 Brayton Drive, creates more room for automotive glass repairs, supporting six vehicles instead of four. There are also service areas to ensure safety cameras reinstalled on new windows are properly tested and calibrated. The new space is designed to support quick service, said Kelli Laski, a spokesperson with Fix Network, which owns Speedy Glass. "No one wants to hang out in the shop all day, even though it does have a nice waiting area," she said. The new shop will also provide more space for home and business glass services, including repairs and replacements of damaged items such as windows, doors and tabletops. A residential glass showroom will features home and business glass items. Speedy Glass has 27 locations nationally. That includes six Alaska sites, including three in Anchorage.
