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The Latest Breaking News from Flexport

CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees

“The idea that I could do any work at my house is like a total fantasy,” said CEO Ryan Petersen.

Fortune

One of Europe’s biggest farm machinery firms halts US exports over ‘hidden’ tariffs

Krone says ‘alarming’ levies on about 400 goods including hair dryers and combine harvesters have forced pause

The Guardian - UK

Flexport Ryan Petersen CEO on Trump’s tariffs and the uncertain future of global trade

Ryan Petersen, CEO and founder of Flexport, speaks to Fortune about the pressures tariffs place on American businesses.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next

The Independent UK

Trump's Tariffs: It's Not Just the Stock Market That's In Trouble

The president is raising taxes, hiking prices, and creating supply chain chaos. Congress should act quickly to stop this.

Reason

After raising $100 million for his supply-chain startup, Dave Clark hired an Amazon chief scientist and other former top execs

The startup Auger raised $100 million in the fall. Now it’s got a founding executive team packed with Amazon veterans.

Fortune

Former Amazon and Flexport leader Dave Clark has raised $100 million to bet on himself

The former CEO of Amazon’s consumer business has founded Auger, an AI-powered startup aiming to build a modern supply-chain OS.

Fortune

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Red Sea Ship Attacks Disrupt Global Trade and Increase Costs

The recent attacks on ships in the Red Sea are causing disruptions in global trade, leading to delays and increased costs for industries worldwide.

Top News

CEO of freight giant Flexport rescinds 75 job offers just days before the new hires' start date: ‘I hope you will forgive us someday and even consider coming to work here again’

“It’s messed up. But no way around it.”

Fortune

3 takeaways from Y Combinator’s summer startup class

The accelerator’s Demo Day was all about A.I. startups—but a couple of other themes emerged.

Fortune

2 shock CEO resignations reveal the risks of appointing an executive chair

Having both a CEO and executive chair can muddy a company's lines of authority.

Fortune

Dave Clark, the former Amazon exec who lost out to Andy Jassy, just quit his startup CEO role because the founder returned

“Founders have the right to change their minds,” Clark said in the surprise announcement that he was leaving Flexport.

Fortune

Buy, Hold, or Sell End of June: Shopify (SHOP)

Amid rapid digitalization, the internet industry is anticipated to thrive and maintain its momentum in the foreseeable future. However, given the mixed financials of Shopify (SHOP), should investors buy, sell, or hold the stock? Read on to find out….

StockNews.com

Shopify (SHOP) or Shutterstock (SSTK): What's the Best Buy?

The internet services industry is well-placed to maintain its momentum due to growing internet penetration. Given such industrial tailwinds, let’s compare Shopify (SHOP) and Shutterstock (SSTK) to discover which stock is a better buy now. Read on….

StockNews.com

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Fortune

Flexport founder Ryan Petersen reveals his secret for startup recruiting

Make the bankers work for it.

Benzinga

A Peek Into The Markets: US Stock Futures Edge Higher Ahead Of Jobless Claims Report

Pre-open movers

Benzinga

Amazon's Consumer Chief Is Jumping Ship To Head This Logistics Startup

Amazon.com, Inc’s (NASDAQ: AMZN) consumer chief Dave Clark is all set to become the CEO of Flexport, a technology platform for global logistics.

People

Sristi Suman JayaswalThe

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