Artificial intelligence is helping companies across industries answer human resources-related questions, automate some HR tasks and suggest jobs to prospective candidates. In the future, the technology will become even more common in hiring and recruiting, executives say. READ MORE
Ocasio-Cortez accuses stunned Wells Fargo CEO of financing the 'caging' of children
Wells Fargo CEO Tim Sloan fired back at New York Rep. Alexandria Ocasio-Cortez at a contentious hearing in Washington, D.C., on Tuesday, after the freshman legislator accused the bank of "financing the caging of children" and suggested it should bear financial liability for everything from oil spills to climate change. READ MORE
Major shift in performance management goals and outcomes identified
The business value of traditional performance management is collapsing. Many organizations find these models — pro forma exercises that often demotivate employees and managers alike — counterproductive. They have become irrelevant to actually improving performance or its management. READ MORE
3 Simple steps for Refreshing your Employee Performance Management
'Employee Performance management’ can easily be one of the dreadful lingos in your company, if you don’t do it right. Though employee performance management comprises employee engagement, development and performance appraisal, it is largely synonymous with performance appraisal. READ MORE
Shifting Performance Management from Structured forms to Structured Conversations
Performance management forms should not be used as a substitute for conversations about how employees are doing. While there is a place for forms in this process to provide metrics, the key is to remember they should not be the focal point. Rather, they should be used as a complementary tool to support more effective conversations about talent. READ MORE
Target had its best year since 2005
Target capped off its best year in more than a decade with a strong holiday shopping season. READ MORE
Why Tesla's decision to close hundreds of stores is risky
Tesla thinks the future of auto sales is online. That may be true, but the company is taking a big risk by closing its stores. READ MORE
AOC, Sanders, Warren should think bigger (and wider) on wealth tax
Howard Schultz Opens a New Window. , the billionaire founder of Starbucks, might run for president as an independent. His potential candidacy illustrates the deep-seated economic divide we face: while the majority of Americans call for higher taxes Opens a New Window. on the wealthy, many billionaires still remain oblivious to how they have benefited from a system rigged to their advantage. READ MORE
Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune
Microsoft co-founder Bill Gates Opens a New Window. , one of the world’s richest men, once again claimed he does not pay enough in taxes Opens a New Window. .
During an interview with the Daily Mail, the 63 year-old business man said that while he has paid more than $10 billion in taxes, he “should have paid more.” READ MORE
Texas shatters 45-year oil record by pumping 1.5 BILLION barrels in 2018
Texas, the epicenter of the shale boom, is gushing with oil.
Production in the Lone Star State soared by 22% to 1.54 billion barrels in 2018, according to a report published on Tuesday by the Texas Independent Producers and Royalty Owners Association. READ MORE
Sears' controversial ex-chairman closes deal to buy the company, keeping 425 stores open
It's official: A hedge fund helmed by Sears' controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. READ MORE
Elizabeth Warren blasts out tweetstorm asking Wells Fargo to fire CEO Sloan
The Wall Street Journal ran a story on Monday about big banks bracing for a “browbeating” by Sen. Elizabeth Warren, the Massachusetts Democrat who’s exploring running for president.
She didn’t disappoint. READ MORE
Sears lost millions over the holiday season
Sears needed a great holiday shopping season, but the struggling retailer missed the mark.
The company lost $318 million in November and December, according to financial results filed by the company. READ MORE
U.S. tribunal to review ruling on Qualcomm request for iPhone ban
The U.S. International Trade Commission (ITC) said on Wednesday it would review a ruling that a ban on imports of some iPhones into the United States was not in the public interest, even if Apple Inc infringed a Qualcomm patent. READ MORE
Fears about artificial intelligence are 'very legitimate,' Google CEO says
Google CEO Sundar Pichai, head of one of the world's leading artificial intelligence companies, said in an interview this week that concerns about harmful applications of the technology are "very legitimate" - but the tech industry should be trusted to responsibly regulate its use. READ MORE
Beloved Nashville Anchor Sues Meredith for Age Discrimination
In 33 years, Demetria Kalodimos broke news and won awards. She also got old READ MORE
'I begged them for help'--Wells Fargo foreclosure nightmare
Foreclosures can be extremely painful events. Imagine finding out years later that it was all a big mistake. READ MORE
Stock markets will close on Wednesday to honor George H.W. Bush
US financial markets will be closed on Wednesday to honor the memory of former President George H.W. Bush, who passed away late Friday at the age of 94. READ MORE
Dow surges nearly 617 points after Fed hints rate hikes will slow
Federal Reserve chairman Jerome Powell gave investors reason to cheer on Wednesday when he suggested that the Fed may slow down its interest rate hikes.
The Dow surged on the news and was up nearly 540 points, or more than 2%, in midday trading. The S&P 500 and Nasdaq each rose about 2% as well. READ MORE
UTC Completes Acquisition of Rockwell Collins
United Technologies (UTC) has received final regulatory approval to buy Rockwell Collins in one of the largest acquisitions in the history of the aerospace manufacturing industry. Under the new acquisition, Rockwell Collins will become Collins Aerospace in a combined re-structuring with UTC Aerospace Systems. READ MORE