The bank alerted staff that it was preparing for more employees to return to its offices around the world READ MORE
America Is Trapped in a Pandemic Spiral
Intelligent Minds Like Tim Cook and Jeff Bezos Embrace the Rule of Awkward Silence.
Tim Cook and Jeff Bezos run two of the most valuable companies in the world. From the outside, they seem to exhibit very different personalities. But within their companies, both men are known for a fascinating practice:
They each embrace the rule of awkward silence. READ MORE
The Pandemic Unemployment Assistance program is ripe for abuse
With the Congressional Budget Office recently reporting that our nation’s annual budget deficit for fiscal 2020 will hit $3.3 trillion, the largest deficit since World War II, this is a good time to re-examine some of the programs that got us here. READ MORE
Odds of coronavirus aid deal dim as Washington deadlock continues
A deadlock between White House officials and Democratic leaders over what to include in another coronavirus aid package has continued to persist more than one month after negotiations first collapsed, imperiling the chances of a stimulus deal before the November election. READ MORE
What to know about operating your business from home during COVID-19
The pandemic has forced some entrepreneurs like Joyce McNally, an Atlanta-based coach and owner of Say ‘YES’ Fitness, to adjust their business models.
“I’ve discovered that I love working from home. I set up classes in my living room and don’t have to travel,” says McNally, who began offering virtual classes and personalized training plans for clients earlier this year. READ MORE
When will the US recession end?
A majority of economists expect the U.S. to emerge from the coronavirus-induced recession — the worst downturn in nearly a century — by either late 2020 or sometime in 2021, according to a survey released Monday. READ MORE
Scared of going back to the office? Companies hope these apps will help
Bringing tens of thousands of employees back to the office during a pandemic is a huge task. Siemens, the 173-year-old German industrial giant, thinks an app can help. READ MORE
Why Work From Home When You Can Work From Barbados, Bermuda or … Estonia?
Several countries with fragile tourist economies have started to offer visas that allow foreign nationals to live and work for a period of at least six months. READ MORE
Equality in the U.S. Starts with Better Jobs
Americans are demanding a reckoning. Incidents of police brutality and structural inequities that have caused the pandemic to hit people of color especially hard are sparking calls for racial justice. The precarious conditions endured by poorly paid frontline workers who have continued to stay on the job during the pandemic have generated calls for economic justice. Each of these forms of injustice has distinct drivers, but they amplify each other and often fall hardest on the same people. As Martin Luther King, Jr. reminded us, economic and racial justice are inexorably linked. READ MORE
CEOs are selling stock. That could be a bad sign for the epic market rally
US stocks are on the cusp of a remarkable feat: setting new all-time highs during the middle of a pandemic. READ MORE
'You can't fix stupid' — Trump trade adviser Peter Navarro rips Kodak executives
White House trade adviser Peter Navarro on Monday blasted executives at Eastman Kodak for their handling of a government loan to produce pharmaceutical ingredients in the United States. READ MORE
Is your team prepared for long-term remote work? Ask these 3 questions to find out
As of now, two-thirds of employees are currently working remotely as a result of the coronavirus pandemic, my company included. It’s true, remote work has its benefits: From a commute to the kitchen table to the ability to have lunch with your kids, we have more time to spend on hobbies and personal interests outside of work. All of which are key factors for better work-life balance and increased productivity. For me, I have been able to spend more time with family and catch up on my reading list. READ MORE
U.S. weekly jobless claims fall to 963,000, first time below 1 million since mid-March
First-time claims for unemployment insurance last week fell below 1 million for the first time since March 21 in a sign that the labor market is continuing its recovery from the coronavirus pandemic. READ MORE
Court orders Uber, Lyft to reclassify drivers as employees in California
Uber and Lyft were ordered by a California court on Monday to reclassify their drivers in the state as employees, marking the latest escalation in an ongoing legal battle over a new law impacting much of the on-demand economy. READ MORE
How SpaceX and NASA overcame a bitter culture clash to bring back US astronaut launches
In May, millions of Americans watched as Robert Behnken and Douglas Hurley, two veteran NASA astronauts, strapped into a SpaceX Crew Dragon capsule and took a 17,000 mile per hour ride to the International Space Station. It was the first time NASA astronauts launched from US soil since 2011 — and the first time in history that a privately owned vehicle carried humans into Earth's orbit. READ MORE
Reimburse companies for COVID-19 tests completed in 24 hours
Microsoft founder Bill Gates suggested the U.S. government reimburse health care companies that complete coronavirus tests within 24 hours in an interview with tech magazine Wired published on Friday. READ MORE
Robinhood app luring and robbing amateurs — like in the dot-com era
The 1990s were simpler times. The news was dominated by Bill Clinton’s various sexual escapades, but also a bubble in internet-related stocks that was partly fueled by the democratization of stock trading. READ MORE
Twitter, TikTok held talks about potential 'combination'
Twitter would be the latest bidder for the popular video-sharing mobile app. Currently, Microsoft remains TikTok's highest bidder. READ MORE
Why America Is Afraid of TikTok
Zhang Yiming embodies what the United States wanted China to be. He is the founder and chief executive of a company, ByteDance, that owns a wildly popular social-media platform, TikTok. He is a serial entrepreneur, having built multiple apps and search engines. Zhang’s story is one not of a copycat or a cost-cutter—the tired stereotypes of the Chinese business owner—but of an innovator. READ MORE