Jamie Dimon says remote work ‘doesn’t work’ for bosses, young workers, or ‘spontaneity' But it does work for women, the JPMorgan chief added. Fortune · Jan 20, 2023
JPMorgan CEO Jamie Dimon says that Bitcoin is a ‘hyped-up fraud’ and cryptocurrencies are a ‘waste of time'—but blockchain is a 'deployable' technology “I think all that's been a waste of time and why you guys waste any breath on it is totally beyond me,” Dimon told CNBC on Thursday. “Bitcoin itself is a hyped up fraud. It’s a pet rock.” Fortune · Jan 19, 2023
JPMorgan CEO Jamie Dimon says Ukraine could be an 'inflection point for the Western world': 'The only thing that matters for the future of the world is how this thing plays out' A recession may be on the way, but Jamie Dimon says the Ukraine war is still the world's most challenging crisis. Fortune · Jan 19, 2023
Cisco’s CEO at Davos says most executives are ‘very optimistic’ about the economy's future—despite Americans' recession fears While some Davos attendees warned of a looming recession, Cisco's CEO isn't worried. And Carlyle Group's co-founder argued that it might even be a good time to invest in stocks. Fortune · Jan 18, 2023
Davos CEOs have never had a worse feeling about the global economy The world's business leaders at Davos think the global economy is in for a rough few years. Do they know something we don't? Fortune · Jan 17, 2023
CNBC Looks At How Rivian Electric Van Has Changed Amazon Deliveries The Rivian-made electric delivery van used by Amazon has apparently had a very positive impact on the work lives of Amazon drivers. InsideEVs · Jan 17, 2023
IMF chief sees light at the end of the tunnel amid global inflation and recession gloom Kristalina Georgieva expects growth to bottom out this year. Fortune · Jan 17, 2023
Anthony Scaramucci Invests In Former FTX US CEO’s New Company Showing New Interest In Crypto Skybridge Capital founder Anthony Scaramucci, who was among the featured speakers at Future Of Crypto event. Zenger · Jan 16, 2023
Delta has told staff they can no longer use their luxury Sky Clubs due to crowding Delta Air Line staff have been told they can't use the company's luxury Sky Club lounges unless they fork out for a ticket - even if they're for company business. Fortune · Jan 13, 2023
Meta worker is paying £250,000 to work remotely from luxury cruise ship Austin Wells, a Meta employee, will work completely remotely from cruise ship MV Narrative which will have 20 restaurants, a 10,000-square-foot gym, three swimming pools, a school, bank, and co-working office spaces spread across 18 decks Daily Mirror · Jan 12, 2023
U.S. extends public health emergency status for COVID The U.S. health department on Wednesday extended the COVID-19 pandemic's status as a public health emergency, allowing millions of Americans to continue receiving free tests, vaccines and treatments. Reuters · Jan 11, 2023
Tesla Stock Upgraded To "Buy" By Edward Jones It’s impossible to say with any certainty what Tesla’s stock will do in the coming years. However, the stock's low price and anticipated upside are encouraging. InsideEVs · Jan 11, 2023
Wall Street’s top strategist warns investors to brace themselves for stocks to plummet more than 20% He said many investors were insufficiently prepared for what’s around the corner. Fortune · Jan 11, 2023
This $8 billion startup is fining employees $1,200 for contacting colleagues on vacation Roughly half of U.S. employees report working at least one hour a day even when on vacation. Fortune · Jan 11, 2023
Zenger · Jan 10, 2023 Its No Longer A Small World: Disney CEO Bob Iger Terminates COVID-19 Era Work From Home Policy Disney CEO Bob Iger Terminates COVID-19 Era Work From Home
Tribune News Service · Jan 9, 2023 Why are eggs still so expensive? Egg prices jumped 49% in 2022 through November, according to data from the Bureau of Labor Statistics, and costs are expected to remain high through the first quarter of 2023, CNN and CNBC report.
Fortune · Jan 7, 2023 The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things Morgan Stanley analysts were sure Carvana stock would hit $430 a share and the crypto faithful believed Bitcoin would top $1 million.
The Independent UK · Jan 5, 2023 Walgreens executive admits retail theft concerns are overblown: ‘Maybe we cried too much’ Investments in private security have been “largely ineffective” after theft issue dominated headlines heading into midterms
Tribune News Service · Jan 4, 2023 Southwest Airlines’ meltdown loss could run $500 million to $700 million When Southwest Airlines’ had an operational meltdown in October 2021, it cost the airline $75 million in lost revenue.
The Independent UK · Dec 29, 2022 Millennials buy abandoned high school and turn it into 31-unit apartment building The building now has 27 one-bedroom and four two-bedroom apartments.
Tribune News Service · Dec 20, 2022 Musk actively seeking new CEO after losing poll, CNBC says Elon Musk is actively searching for a new chief executive officer for Twitter Inc., CNBC’s David Faber reported, after the billionaire lost a straw poll he posted on the social media site that asked users whether he should relinquish his role as head of the company.
Motorsport · Dec 19, 2022 NBC Sports reveals 80-plus hours of coverage for IMSA in 2023 The full on-screen schedule for the IMSA WeatherTech SportsCar Championship has been revealed today by NBC Sports, with coverage across NBC, Peacock and USA Network.
Fortune · Dec 17, 2022 Women and men ask for raises the same amount. Men get them more often. Men’s outsize ability to nab raises is a particularly bad look, given how poorly women are paid to begin with—per the Census Bureau, an estimated 82 cents on the man’s dollar.
Fortune · Dec 15, 2022 Shaq distances himself from crypto, despite once being a paid spokesperson for FTX “A lot of people think I’m involved, but I was just a paid spokesperson for a commercial,” O’Neal said, referring to his association with the failed cryptocurrency exchange FTX.
InsideEVs · Dec 14, 2022 Ford Adds Third Shift At F-150 Lightning Plant Amid "Huge Demand" Ford's Rouge Electric Vehicle Center is now running three rotating crews of workers on 10-hour shifts seven days a week to maintain a high level of production.