CNN — We’re never going back to the office – at least not five days a week. That’s the contention of Anne Helen Petersen, the author of “Out of Office: Unlocking the Power and Potential of Hybrid Work.” “You can either try to figure out flex arrangements now or you can battle your employees for […]
CNN — Sunday officially marks one month since the world’s richest man took the helm at Twitter. In that time, Elon Musk initiated mass layoffs and gave remaining staffers a cryptic ultimatum, reinstated the accounts of controversial figures including former President Donald Trump, and launched – then punted – a plan to charge for Twitter’s […]
London CNN Business — Britain’s cost-of-living crisis is already taking the shine off Black Friday. Now, the annual shopping bonanza faces an additional threat from strikes that could disrupt deliveries, subdue online sales and deliver another blow to the slumping economy. Some 235,000 workers have gone on strike across the United Kingdom this week, encompassing […]
New York CNN Business — Americans are getting ready for food, family and football on Thursday, but investors were still holding off until Wednesday afternoon before starting to give thanks. That’s because the Federal Reserve released the minutes from its latest meeting at 2pm ET Wednesday, which provided more clues about the central bank’s thinking […]
London CNN Business — Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in New Zealand’s biggest city. Houses were “flying out the door,” said Grant Sykes, a manager at real estate agency Barfoot & Thompson. “There were chin-dropping moments when agents stand around the room and are gobsmacked […]
New York CNN Business — In September, President Joe Biden, the most union friendly president in recent history, got personally involved in negotiations that reached a tentative labor deal that averted a strike at the nation’s major freight railroads. It was a deal he hailed as a “win for tens of thousands of rail workers.” […]
Bogota CNN — When Gustavo Petro, Colombia’s first progressive president, took office in August, he laid out an ambitious agenda. His administration would finally achieve a stable peace with Colombia’s multiple rebel organizations; it would fight inequality by taxing the top 1% and lifting millions out of poverty; and it would abandon a punitive approach […]
New York CNN Business — America faces a growing risk of a crippling national freight rail strike in two weeks. The rank-and-file members of the nation’s largest rail union, which represents the industry’s conductors, rejected a tentative labor deal with freight railroads, the union announced Monday. The nation’s second-largest rail union, which represents engineers, ratified […]
New York CNN Business — Investors sleuthing for clues about what the Federal Reserve will decide during its December policy meeting got quite a few this week. But those hints about the future of monetary policy point to an outcome they won’t be very happy about. What’s happening: Federal Reserve officials made a series of […]
CNN — After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs, Airbnb CEO Brian Chesky told CNN on Thursday. “It’s like we’re all in a nightclub and the lights just came on,” Chesky said in an interview on […]
