Wells Fargo is nearing a settlement with the U.S. Securities and Exchange Commission and the Justice Department (DOJ) over previously disclosed probes into its sales practices, the New York Times reported on Thursday. READ MORE
What tech management can learn from Mark Cuban
“First there’s the innovators, then there’s the imitators, then there’s the idiots.” READ MORE
Morgan Stanley buys E-Trade in $13B bet on smaller customers
Morgan Stanley is buying E*Trade Financial Corp. in a $13 billion deal that will reshape the storied investment bank and firmly stake its future on managing money for regular people. READ MORE
Wholesale prices climb most since 2018, catching economists off guard
U.S. producer prices climbed last month at the fastest pace since October 2018 as higher prices for services more than offset a drop in the cost of energy. READ MORE
20 years after dot-com peak, tech dominance keeps investors on edge
As Wall Street approaches the 20th anniversary of the piercing of the dot-com bubble, today’s decade-old rally led by a few small players shows some similarities that cautious investors are keeping an eye on. READ MORE
Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus
Musk’s SpaceX Launches Fifth Batch of Starlink Satellites
Elon Musk’s SpaceX launched its fifth batch of 60 Starlink satellites Monday morning, another step toward Musk’s vision of creating a space-based network to provide broadband service around the world. READ MORE
Cost-cutting, layoffs ahead for scandal-plagued Wells Fargo, analyst warns
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