Julian Green was explaining the big problem with meetings when our meeting started to glitch. The pixels of his face rearranged themselves. A sentence came out as hiccups. Then he sputtered, froze, and ghosted. READ MORE
20 jobs most at risk next year because of the coronavirus pandemic
The COVID-19 pandemic has wreaked havoc on the U.S. labor market, and according to new data from job and review site Glassdoor, the damage done within some industries might be irreversible. Glassdoor Chief Economist Andrew Chamberlain breaks down pandemic-affected jobs into three categories: jobs that won’t return until the coronavirus is under control, jobs that may take years to get back to pre-pandemic levels, and jobs that may never return. READ MORE
Tesla's market value tops $500 billion for the first time
Tesla may be the new kid on the block in the auto industry, but it's quickly become a big kid on Wall Street.
The electric car maker's shares continued to climb more than 4% on Tuesday, increasing its total market value above $500 billion for the first time. Tesla's market cap rose to more than $520 billion Tuesday afternoon. READ MORE
Delta CEO gives airline workers free travel passes as thank-you for work during pandemic
After a turbulent 2020 for the airline industry, Delta is thanking employees for their work during the pandemic with free travel. READ MORE
Feds reveal Elizabeth Holmes texts showing Theranos bosses panicking "Fucking disaster zone"
Panicked text messages between the two top executives at Theranos showed they knew how much trouble the blood-testing startup was in before it collapsed, prosecutors say.
In a trove of texts, iMessages and Skype chats, Theranos founder Elizabeth Holmes and Ramesh “Sunny” Balwani, her top lieutenant and former lover, expressed anxiety about the company’s struggling blood test technology, chaos inside one of its labs and desperate efforts to professionalize its operations. READ MORE
Hyperloop wants to change the world. Not everyone's convinced
Hyperloops burst onto the scene in 2013. Elon Musk detailed a new type of train service in a low-pressure tube that would reach speeds up to 760 mph. The train would float on a cushion of air and be powered down the tracks by magnets.
Like many of Musk's endeavors, including electric cars and rockets, it didn't involve inventing everything from scratch. Musk took existing ideas, re-packaged and rethought them, in hopes of carrying humanity towards a brighter future. But critics aren't yet entirely convinced the new hyperloop thinking can solve old issues. READ MORE
Everyone you know uses Zoom. That wasn't the plan
The tweet was when Eric Yuan knew something had to change.
Boris Johnson, the UK prime minister, shared a photo from his first ever virtual cabinet meeting. The cybersecurity red flags jumped out immediately. READ MORE
Companies aim to renew dividend payments, sign of optimism worst of COVID-19 is over
After scrambling to hoard cash in the spring, some large U.S. companies that halted their dividend payments are reversing their decision, a sign that their leaders believe the worst of the crisis is behind them. READ MORE
Ten Business Predictions For 2021
Each year I take a look at our research, what I have learned from our clients, the latest books and hundreds of articles that I’ve read during the year to come up with some predictions and trends worth sharing. What’s interesting is that some of these trends have been ongoing for a number of years. My number one prediction has been the same for five years. I’m going to split this list into two parts, so make sure you come back next week to read part two! Without further ado, here are the first five of my top 10 predictions for 2021: READ MORE
Bitcoin soars again after BlackRock says it could replace gold
As Black Friday approaches, retailers lobby states to stay open
10 Social Selling Best Practices for the New Normal
COVID-19 drastically changed how non-essential businesses promote their products and services to their customers. Marketing strategies that may have been effective pre-COVID may no longer deliver the desired results now, especially as people’s habits for shopping and buying seemingly changed overnight. READ MORE
Wall Street Eyes More Job Cuts After Headcount Swells in 2020
The days of job security on Wall Street were short-lived.
Goldman Sachs Group Inc.’s second round of several hundred firings in the course of three months is another sign that the pandemic pause on layoffs just kicked the cost-cutting can down the road. The bank and its biggest rivals have started to trim small numbers, but 2021 is expected to bring deeper cuts. READ MORE
The Bitcoin Comeback: Is Crypto Finally Going Mainstream?
Don’t look now, but Bitcoin is back.
After a couple of big crashes that destroyed billions in value, the digital currency has rebounded to its highest value since January 2018, crossing $18,000 this week. READ MORE
Managers at a Tyson facility bet on how many of their workers would get sick with COVID-19
A wrongful death lawsuit alleges managers at the Tyson Foods pork processing facility in Waterloo, Iowa, bet money on how many workers would catch the virus during the early stages of the COVID-19 pandemic, according to an amended complaint filed on Wednesday, initially reported on by the Iowa Capital Dispatch. READ MORE
Tesla is morphing into more than a car maker
Elon Musk's Tesla is way more than just an electric-car maker, according to Morgan Stanley.
That's why the firm says the stock can continue to climb, building on its 428% advance this year, as it transforms to a software/connected vehicle services provider -- the “entry ticket” to a much larger business. READ MORE
Amid pandemic, big US retailers cash in as small business suffers
Walmart earnings are surging, Amazon is expanding into pharmacies and Wall Street indices are hitting record highs, but data released Tuesday shows traditional retailers struggling to keep up as the Covid-19 pandemic disrupts the US economy. READ MORE
Can your job make you get vaccinated?
News of promising Covid vaccines could get you back into the office sooner than you thought.
But can your employer actually require you to get vaccinated? READ MORE