We are all dealing with greater uncertainty than usual driven by questions like: How long will we be battling Covid-19? What will the economic impact be? How will the stock market perform? And will my kids ever go back to school? READ MORE
Considerations for your next virtual board meeting
Through the COVID-19 pandemic, organizations have had to improvise aspects of their businesses practically overnight to ensure that operations continue to run smoothly despite stay-at-home orders and social distancing requirements. This includes how boards operate, and because of these transition efforts, virtual board meetings are no longer a futuristic idea. READ MORE
Can shoppers save the US economy? We're about to find out
A lot is riding on Americans' willingness to grab their wallets again.
The world's biggest economy is powered by consumer spending — and in recent months there have been signs of a recovery. Retail sales increased 7.5% in June from the prior month, almost back to where they were before the pandemic. That followed an 18% jump in May. READ MORE
The economy could fall off a fiscal cliff
The economy is once again teetering on the edge of a so-called fiscal cliff. Investors don't seem to care. READ MORE
Supporting our businesses and getting back to work
COVID-19 has impacted every single one of us in one way or another.
For those who are parents, we have needed to transition into teachers and tutors while continuing to meet the obligations of our jobs. For those who have fallen ill or have a family member who has fallen ill, you may have needed to take time from work to care for them. And for those whose workplaces have taken a huge financial hit due to COVID, you may have been laid off due to financial shortfalls. READ MORE
Companies Start to Think Remote Work Isn’t So Great After All
Four months ago, employees at many U.S. companies went home and did something incredible: They got their work done, seemingly without missing a beat. Executives were amazed at how well their workers performed remotely, even while juggling child care and the distractions of home. Twitter Inc. TWTR -2.34% and Facebook Inc., among others, quickly said they would embrace remote work long term. Some companies even vowed to give up their physical office spaces entirely. READ MORE
How the pandemic is changing employee recognition
Employee recognition historically has involved formal acknowledgment of long-term contributions or periodic rewards for special efforts: recognizing how long workers have stayed with their company or choosing one or two employees for “superstar” recognition by selecting them as employee of the year, quarter or month. READ MORE
How COVID-19 Redefined the Entrepreneur
David Sax remembers the exact day he knew he might be screwed: Tuesday, March 10th, 2020. His newest book, The Soul of an Entrepreneur, was scheduled to come out a little more than a month later, but the scope of the coronavirus pandemic had already started to come into shattering focus. “I spent the first week frozen, unable to move or do anything and generally freaking out,” Sax told Squarespace. “And then I talked to my agent who said, ‘The entrepreneurs and business owners you write about are bearing the brunt of all this. You have to talk about that.’” So Sax went out and talked about his book wherever he could, however he could, even if that often meant discussing his thesis from behind a laptop, looking into a webcam. READ MORE
Apple to close retail stores in 4 states amid coronavirus spikes
Apple (AAPL) is temporarily shuttering stores again in U.S. states where COVID-19 cases have been spiking in recent weeks. The company confirmed the move to Yahoo Finance via an emailed statement saying that the company is closing its retail stores beginning June 20 out of an abundance of caution. READ MORE
Inside the NBA’s plan to use smart technology and big data to keep players safe from coronavirus
U.S. Slumps to 10th Spot in World Competitiveness Rankings
The U.S. tumbled further in a ranking of most competitive world economies, dragged down by the weight of President Donald Trump’s trade wars. READ MORE
Wall Street's party is over. Coronavirus fears are back
The runaway train on Wall Street has been derailed by a force nearly as powerful as easy money: a healthy dose of reality. READ MORE
'Pandemic pricing' is here. Rents are dropping across the US
At the end of May, Ilana Freund landed a deal on an apartment in New York City where she will be attending graduate school. She and her roommate signed a lease on a two-bedroom apartment in the West Village for $4,995 a month. It was a significant discount: Similar apartments in the building were going for around $5,300 before the pandemic took hold, according to the listing agent. READ MORE
Working parents are hitting a wall. Employers don't want to lose them
Unsustainable. That sums up the fevered pace at which many working parents have been hustling since the pandemic started. READ MORE
Inequality in America was huge before the pandemic. The stock market is making it worse
The gap between the world's rich and poor is expected to grow due to the pandemic, and a stock market high on government and central bank cash bears much of the blame. READ MORE
AT&T plans to cut thousands of jobs, close stores, company tells union
AT&T Inc plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday. READ MORE
Netflix CEO to donate $120M to historically black colleges
Netflix CEO Reed Hastings and his wife, Patty Quillin, are donating $120 million toward student scholarships at historically black colleges and universities. READ MORE
North Carolina hospital turns to drones to aid Covid-19 response
Outside Charlotte, North Carolina, white drones that resemble tiny airplanes are being loaded with personal protective equipment and launched into the skies to help a local hospital respond to Covid-19. The drones, which have an 11-foot wingspan, fly over neighborhoods, a reservoir and an Interstate highway at speeds of 63 mph on their way to Huntersville Medical Center. READ MORE
6 performance management tactics that never grow old
It is not a secret that HR plays an important role in the success of any organization, as better organizational performance translates to more profit. It is for this very reason that employee managers have tried different ways to push the capabilities of their human resources. READ MORE
Performance management based on people not metrics
The technology sector has consistently been ranked as the No. 1 industry with the highest turnover, and it comes down to the one thing that sets digital advertising apart from traditional advertising – metrics. READ MORE