More than 4,000 warehouse workers at Amazon, the e-commerce giant founded by the world's richest man, depend on food stamps to make ends meet in nine states, according to new U.S. Government Accountability Office data this week. READ MORE
We will never look at KFC's logo the same again, thanks to viral tweet
This probably isn't what people mean when they talk about "chicken legs."
On Tuesday, Freddie Campion, content director at Headspace, reignited an old meme about KFC’s Colonel Sanders in a tweet where he wrote that his wife was convinced his bow tie was actually a tiny stick figure underneath a large head. READ MORE
Major CEOs signal Covid vaccine mandates could be on the way
Some business leaders are in favor of requiring their employees take Covid-19 vaccines.
Seventy-two percent of current and recent CEOs of major companies signaled an openness to vaccine mandates, according to a poll held Tuesday at a virtual summit by the Yale Chief Executive Leadership Institute. READ MORE
Sales Planning Has Long Needed To Change — And There's No Going Back
Business in 2020 has been defined almost entirely by Covid-19, and its impacts are certain to extend well beyond this year. Organizations have undergone a permanent paradigm shift, and the way we work will never be quite the same. While this presents undeniable new challenges in some spaces, in others — especially sales — it catalyzes a much-needed transformation. READ MORE
'Fatal for small businesses': Big firms delay payments to smaller suppliers during COVID-19
Wayne Labush’s corporate events company is struggling to survive, with sales down as much as 90% during the COVID-19 pandemic.
So it doesn’t help that a significant share of the few Fortune 500 clients of his that are still holding conventions, trade shows and conferences are taking two to three months — or even longer — to pay what they owe him. READ MORE
Intel’s COVID-19 strategy? ‘Learn your way out of the problem’
The coronavirus pandemic has accelerated many workplace shifts that were already underway: adoption of remote work, an increase in flexibility, digital transformation. Learning and development—which quickly was targeted by employers as a driver of business outcomes and by employees as a lifeline for resilience amid the pandemic—also transformed, and quickly. READ MORE
America's CEOs have advice for Biden's long road ahead
President-elect Joe Biden is preparing to enter the White House during a tumultuous time. The United States has become deeply divided. The country is being ravaged by the coronavirus pandemic, millions of Americans are out of work and climate change continues to irreversibly alter the planet — and that’s just the tip of the iceberg. READ MORE
It’s Full Steam Ahead For Startups Developing COVID-19 Vaccines And Products
As the first Americans receive COVID-19 vaccinations this week developed by big pharmaceutical companies, hundreds of startups focused on vaccines, testing kits and other COVID-19 products are riding the momentum–eager to get their own products to market in the next year. READ MORE
What to know if your employer wants you to get vaccinated for Covid
If you've been dreaming about going back to the office, news of a promising Covid-19 vaccine could mean you'll be back at your desk sooner than you thought.
There are obvious benefits to having a workforce that's been immunized from coronavirus, but can your employer require you to get vaccinated? READ MORE
$300 billion of M&A to be unleashed by blank-check deals
The mergers and acquisitions boom underway will continue over the next few years as special purpose acquisition companies (SPACs) look to put to work $61 billion of unspent proceeds from their initial public offerings, according to Goldman Sachs.
Two hundred six companies have gone public through SPACs in 2020, raising a record $70 billion. Proceeds from SPACs have accounted for 52% of the record $124 billion raised by all U.S. initial public offerings. READ MORE
Wall Street firms, demonized by Cuomo, de Blasio, ramp up NYC exodus plans
The COVID-19 pandemic is likely to come to an end in 2021, but that doesn’t mean New York City’s biggest employers—the megabanks and Wall Street firms—are rushing to return to the Big Apple.
FOX Business has learned that even with a vaccine that could allow city employers to filter all their workers back into Manhattan offices by late spring, every major Wall Street firm is drawing up plans to significantly slash its presence in the city for the foreseeable future. READ MORE
Google was hit with massive outage
Google's services went down for about an hour Monday in a massive outage that prevented many people from watching YouTube videos, accessing their Google Docs or sending email on Gmail.
The outage also made Google Classroom temporarily unavailable, preventing many students learning remotely from accessing their classes.
A little after 8 am ET, most of Google's services came back online, but Gmail remains down for many. READ MORE
How Data and Intelligence Are Going to Change the Sales Industry Forever
It’s no secret that data is running the world. For most businesses, data is critical to growth and expansion, and today they have access to a robust amount of data. More companies are relying on data to help them identify challenges, make timely decisions and impact their bottom lines. From storing employees’ contact information to keeping track of inventory, data can be used in just about every aspect of a business. READ MORE
Ailing newspapers abandon newsrooms as pandemic deepens woes
The buzzing newsroom has long been the lifeblood of American newspapers. But in recent months the buzz has become virtual as the pandemic deepens the industry crisis and forces journalists to work remotely. READ MORE
Oracle moving from California to Texas, joins Tesla, Hewlett Packard
The smart money may be sticking together and sticking it to California.
Oracle is joining Tesla and Hewlett Packard in relocating to Texas, detailing the move in a filing with the Securities and Exchange Commission late Friday. READ MORE
6 ways to reinvent the employee experience during crisis
Five Tips For Launching A Successful Startup
Creating a business from scratch involves a painstaking process of thorough preparation, design, research and strategy. But challenging as it may be, getting your business off the ground is possible. READ MORE
The mind-boggling logistics of transporting one of the most important vaccines in history
Two coronavirus vaccines are in line to be authorized for emergency use in the United States, and a massive transportation network is standing at the ready once they receive government clearance.
The delicate, mind-boggling logistics of distributing the vaccines will be crucial. The challenges of moving millions of doses — over thousands of miles and under strict temperature specifications — are enormous. READ MORE
Supersonic jet startup Aerion just broke ground on a new $300 million plant in Florida
Florida's Space Coast is about to become the Supersonic Coast with a startup that's working to usher in the new era of supersonic travel that has just broken ground on a new campus in Melbourne, Florida. READ MORE
Jeff Bezos just issued a rare compliment to his chief space rival, Elon Musk. It's the latest development in a 15-year feud between 2 of the world's most powerful CEOs.
Over the last 15 years, two of the world's most high-profile CEOs, Elon Musk and Jeff Bezos, have been engaged in a simmering rivalry.
The two execs have sparred over their respective space ambitions - Musk runs SpaceX, while Bezos owns Blue Origin - but it hasn't stopped there: Musk has called out Bezos for running what he deemed a monopoly, and has called Bezos a copycat for his self-driving car interests. READ MORE