Scandal-plagued Wells Fargo’s road to recovery will be long and painful — marked by cost-cutting and more layoffs than originally forecast. READ MORE
The world's biggest work-from-home experiment has been triggered by coronavirus
In offices across Asia, desks are empty and the phones are quiet, as the region grapples with a deadly virus. READ MORE
Tesla Is Highly Challenged, Hence the Capital Raise
Elon Musk 1/30/2020: "... It doesn't make sense to raise money because we expect to generate cash despite this growth level."
Elon Musk 2/13/2020: (paraphrasing) We need more capital. READ MORE
Principal Completes Acquisition of Wells Fargo Institutional Retirement & Trust Business
Acquisition includes Wells Fargo’s defined contribution, defined benefit, executive deferred compensation, employee stock ownership plans, institutional trust and custody and institutional asset advisory businessesDoubles Principal U.S. retirement businessi and expands on its trust & custody and discretionary asset allocation capabilities Integration work underway with leader appointments and location commitments. READ MORE
Overthrow the Prince of Facebook
Big tech has become too powerful and abusive. We know enough about it to break up its dominance. READ MORE
Magazine giant Meredith quietly axes 60 employees
Media giant Meredith — under pressure to reap cost savings from last year’s $2.8 billion acquisition of Time Inc. — quietly axed about 60 employees, or 1 percent of its workforce, in its magazine division this week. READ MORE
These 9 Jobs Are Most at Risk of Workplace Burnout
It’s normal to feel stressed at work from time to time. But for some people, the stress becomes all-consuming, leading to exhaustion, cynicism, and hatred towards your job. This is known as burnout. READ MORE
'Sports Illustrated' Is Sold Again, But Publishing Won't Shift To New Owner Yet
Sports Illustrated has been sold for the second time in less than two years. This time, however, the $110 million purchase by Authentic Brands Group places far more importance on the iconic magazine's reputation than the publication itself — pushing the name further into such ventures as gambling and live events. READ MORE
Lee and Wrangler stock rises 4% after public debut
The owner of Lee and Wrangler jeans looked like it was going to have a tough day as a separate company on the New York Stock Exchange on Thursday. READ MORE
Banker gives inside look at why Uber and Lyft IPOs failed to live up to the hype
Uber and Lyft were two of the most highly anticipated IPOs in recent memory. And both were duds. READ MORE
Rewards Matter: 4 great ways to recognize employees
Rewards matter. Sure, salary and benefits are key factors, too. But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity. READ MORE
How Rethinking Performance Management Can Help Drive Business Success
By deconstructing performance management into the three separate micro-processes detailed here, we can ensure resources are used efficiently, our strategies have impact, and, ultimately, our business is a success. READ MORE
Elon Musk: Tesla needs to cut costs or it will run out of money in 10 months
Defying skeptics, Tesla during the September quarter of 2018 actually managed to turn a profit of $312 million thanks to strong demand for the mass market Model 3. Tesla’s profits for the quarter were far from staggering, but it nonetheless instilled faith that the electric automaker was on a path towards financial viability. READ MORE
Microsoft CEO says $1T valuation 'not meaningful': Here's what is
As Wall Street watches Apple's ascension – once again – toward a $1 trillion market valuation, Microsoft CEO Satya Nadella Opens a New Window. , whose company is in competition to be the world’s most valuable, said he is not focused on those rankings. READ MORE
The biggest winners from Uber's impending IPO
Since its conception nearly a decade ago, Uber has raised close to $30 billion in funding and become near-ubiquitous, capturing close to 70 percent of the ride-sharing market in the U.S. READ MORE
Microsoft’s security chief explains why the company is eliminating passwords
Theranos founder Elizabeth Holmes in court; anatomy of a fraud
Elizabeth Holmes Opens a New Window. , founder of now-defunct tech Opens a New Window. startup Theranos, is expected to appear at a federal courthouse Opens a New Window. in California on Monday, for a status hearing. READ MORE
Help your employees bloom where they’re planted
Recently my company worked with Jason Lauritsen, industry-renowned employee engagement thought leader, to explore ideas from his new book, Unlocking High Performance. One of the concepts that really stood out during our time together was that of “cultivating” employees to drive their growth. READ MORE
Warren Buffett says he continues to support embattled Wells Fargo CEO Tim Sloan
Billionaire investor Warren Buffett told CNBC that he stands by his support of Wells Fargo CEO Tim Sloan, after backing the beleaguered chief executive minutes before Sloan’s resignation was announced. READ MORE
Wells Fargo in talks with ex-Goldman exec Schwartz to be next CEO
Wells Fargo & Co's board is in talks with Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs Group Inc, to take over as the bank's chief executive, the New York Post reported on Thursday, citing people briefed on the discussion. READ MORE