The never-ending emails and phone calls. The unrelenting deadlines. The pile-on of projects and deadlines. READ MORE
LinkedIn spent over $400 million on Glint
New Evidence of Hacked Supermicro Hardware Found in U.S. Telecom
A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company. READ MORE
Snap falls to new low after media analyst says company is 'quickly running out of money'
The 8 best cities for tech jobs
People want to work in tech, and it’s clear why. Tech salaries tend to be about $60,000 more per year than the national average wage, according to a 2018 report from CompTIA, a leading tech trade organization. Tech companies have also built a reputation for offering Cadillac-level benefits, outrageous perks, work-from-home flexibility and the promise of stock options with 10x returns. READ MORE
Jeff Bezos' 5 tips for running a successful business
As the founder and longtime leader of the first publicly traded company to be worth $1 trillion, Amazon CEO Jeff Bezos has amassed quite a bit of knowledge about how to run a business. READ MORE
Aegon on how workplace pensions must change
The workplace pensions market has seen huge change "but where we would like to see the market focus is fundamentally on good member outcomes" READ MORE
As aid checks go out, farmers worry bailout won’t be enough
Farmers across the United States will soon begin receiving government checks as part of a billion-dollar bailout to buoy growers experiencing financial strain from President Donald Trump’s trade disputes with China. READ MORE
Tesla's problems are growing
Tesla has a history of beating the odds.
CEO Elon Musk has said he believed the company had around a 10% chance of success when it was founded in 2003. Since then, the company has won awards for its vehicles, built an enthusiastic fanbase, and watched its market capitalization approach and at times top those of General Motors, Ford, and Fiat-Chrysler. READ MORE
Wells Fargo is going backward with thousands of job cuts
Meredith Corp. Sells TIME to Marc And Lynne Benioff for $190M
Corporate America, not banks, could cause the next recession
The last downturn was triggered by Wall Street and Americans accumulating too much debt — particularly in the sizzling housing market. READ MORE
U.S. job openings climb to record 6.9 million
The numbers: The number of job openings in the U.S. climbed to a record 6.94 million in July in a clear sign that a booming economy is entering the second half of the year with a big dollop of momentum.
Job openings rose from 6.82 million in June, the government said Tuesday. READ MORE
Small business optimism surges to highest level ever
U.S. small business optimism surged to a record in August as the tax cuts and deregulation efforts of President Donald Trump and the Republican-led Congress led to more sales, hiring and investment, according to a survey by the National Federation of Independent Business. READ MORE
Greg Abel: Holding a key to Buffett’s Kingdom
There’s a good bet he’ll never ride a steer down the streets of Omaha, dance with the University of Nebraska cheerleaders or play the ukulele in front of a crowd of 35,000-plus like his boss, but Greg Abel will most likely do his damnedest to follow exactly what Warren Buffett has done for 53 years: acquire, run and grow businesses that fit right into Berkshire Hathaway’s DNA. READ MORE
Manufacturing is firing on all cylinders, but a lack of skilled workers is squeezing the sector
The U.S. manufacturing sector is booming — adding 350,000 jobs since President Donald Trump took office in January 2017. But while a strong economy is helping to bolster the industry, it's also being crunched by an increasingly tight labor market, leaving companies in short supply of workers they desperately need to meet capacity. READ MORE
The two-year Wells Fargo horror story just won't end
What sounded at first like a run-of-the-mill bank settlement — a $185 million payment to atone for "sales practices" — has morphed into a cascade of scandals that has rocked one of America's most storied banks to its core. READ MORE
“THANK F--KING GOD THEY DIDN’T SELL TO PECKER”: MEREDITH’S SALE OF TIME INC.’S CROWN JEWELS IS DRAGGING ON
In the spring, after Meredith Corporation put four of its newly acquired magazines up for sale—Time, Fortune, Money, and Sports Illustrated—there was talk of buyers being locked down by the end of June. The hope was for a speedy resolution in delivering these legendary publications to their next stewards, whoever those may be. While these four were seen as the crown jewels of Time Inc., which Meredith bought in early 2018 following a years-long pursuit, it was Time Inc.’s softer commodities—InStyle, Real Simple, etc.—that Meredith was salivating over. Meredith’s main priority was to integrate the rest of the Time Inc. portfolio into its business operations; dealing with the titles it was destined to get rid of would only be a distraction. Meanwhile, for as long as those titles remained under Meredith’s purview, they would essentially be consigned to a state of purgatory. It was in everyone’s interest to fire up the term sheets as quickly as possible. READ MORE
Vermeer to expand, rebuild after tornado
An industrial and agricultural equipment manufacturer plans to expand its Iowa production site less than two months after a tornado tore through its factories, destroying two plants.
The July 19 tornado reached speeds of 144 mph, ripping apart buildings and idling production lines at Vermeer Corp's campus near Pella, The Des Moines Register reported . Vermeer is Pella's largest single employer with about 2,800 employees. READ MORE
CBS reportedly negotiating exit for CEO Les Moonves
CNBC, citing anonymous sources, reported Thursday that the CBS board is "deep in talks" with the chief executive that would result in him leaving the company.
Moonves has also told some confidants about the exit talks, a friend who spoke with him about it told CNN. READ MORE