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Photo: U.S. Chamber of Commerce

Suzanne Clark, president of the U.S. Chamber of Commerce, announced Project GO (Growth, Opportunity & Innovation) in a speech Tuesday that continued the trend of business leaders acknowledging shortcomings in capitalism.

What she's saying: Clark focused on "the businesses role in solving some of the most urgent socio-economic challenges of our day ... and the important supporting role of government."

  • "The fundamental challenge we face today is to preserve the ability of our nation’s companies, to grow, innovate, and drive prosperity under a system of free and fair capitalism, while also acknowledging and addressing the shortcomings in the system."
  • "There are better answers than sweeping government mandates. ... [N]either business nor government can solve these issues alone."

Clark pointed to "growing diversity on corporate boards —not through quotas or arbitrary mandates — but through disclosure and dialogue."

Go deeper: CEOs are America's new politicians

Go deeper

Updated 3 mins ago - World

Reports: Up to 17 U.S. missionaries kidnapped in Haiti

Haitian soldiers guard the public prosecutor's office in Port-au-Prince earlier this month. Photo: Richard Pierrin/AFP via Getty Images

Children were among up to 17 American Christian missionaries and their relatives kidnapped by a gang in Haiti on Saturday, the New York Times first reported.

Details: The missionaries had just left an orphanage and were traveling by bus to the airport to "drop off some members" and were due to travel to another destination when the gang struck in Port-au-Prince, Haitian security officials said, per the NYT.

Melbourne, "world's most locked-down city," to lift stay-at-home orders

Victorian Premier Daniel Andrews during a news conference in Melbourne, Australia, on Sunday. Photo: Quinn Rooney/Getty Images

Melbourne's stay-at-home orders will end five days earlier than planned, officials in Australia's second-biggest city announced Sunday.

Why it matters: The capital of the state of Victoria has had six lockdowns totaling 262 days since March last year. That means Melbourne's spent longer under lockdowns than "any other city in the world" during the pandemic, Reuters notes.

Venezuela suspends talks with opposition after Maduro ally extradited to U.S.

Venezuelan President Nicolás Maduro in Caracas, Venezuela, in June. Photo: Gaby Oraa/Bloomberg via Getty Images

A key ally of Venezuela's President Nicolás Maduro was extradited from Cape Verde to the U.S. Saturday to face money laundering charges in Florida, Bloomberg first reported.

Why it matters: Venezuela's government called off negotiations with opposition officials that were scheduled for Sunday in Mexico in response to the extradition of Alex Saab, a Colombian businessman and financial fixer for Maduro. Security forces placed six U.S. oil executives under house arrest later Saturday, per AP.