I used to be great at my job… then I founded a startup

Usually, I’d hit my groove in a job when I was about 6 months in. At that point, all the little things that had confused me at first started making sense and my performance started to reflect that. But during the whirlwind last 6 months of launching my own startup with another first-timer — I’ve realized I’ll never experience that again.

So herein lies the memoir of a relatively new founder (or flounder?), which will explain why you’ll never be ‘great at your job’ again after starting your own company. READ MORE

Oregon officials weigh mandating COVID-19 rules in all businesses indefinitely

With many states lifting COVID-related restrictions amid a more widely available vaccine, Oregon is poised to go in completely the opposite direction as health officials consider mandating masks and social distancing in all businesses indefinitely. 

The proposal, which has many residents fuming, would keep the rules in place until they are "no longer necessary to address the effects of the pandemic in the workplace."  READ MORE

WeWork’s new stock-listing plan has echoes of its past

WeWork, which had one of the most spectacular IPO implosions in recent years, is trying to go public again—and some of the factors that worried regulators on the first deal are back again.

WeWork isn’t doing an initial public offering this time, but merging with a special-purpose acquisition company, or SPAC. Rules around SPACs are looser than for IPOs, giving WeWork more leeway to tout its future. READ MORE

Nearly half of 2020 college grads remain jobless

The coronavirus pandemic is hitting recent college graduates hard as they struggle to lock down a job even a year after graduating, according to a new survey. 

Nearly half of the 2020 graduating class, about 45%, are still looking for a job, according to Monster's recent survey of over 1,000 recent and impending U.S. college graduates. 

The class of 2021 is also likely to face similar job-hunting woes. Impending graduates are expecting to spend five months "searching for the right job." READ MORE

Employers are hiring again, but struggling to find workers

Chris New said he has turned down $250,000 in business because he just can’t hire enough laborers and drivers at his Carrollton-based company, Barnes Van Lines.

There are plenty of people without jobs, but unemployment benefits give them too much incentive not to work, he said. “We advertise and nobody comes in looking for a job. A lot of people are taking advantage of the system. It’s really killing us.” READ MORE

U.S. House committee approves blueprint for Big Tech crackdown

The U.S. House of Representatives Judiciary Committee has formally approved a report accusing Big Tech companies of buying or crushing smaller firms, Representative David Cicilline’s office said in a statement Thursday.

With the approval during a marathon, partisan hearing, the more than 400 page staff report will become an official committee report, and the blueprint for legislation to rein in the market power of the likes of Alphabet Inc's (GOOGL.O) Google, Apple Inc (AAPL.O), Amazon.com (AMZN.O) and Facebook (FB.O). READ MORE

Ford and Tesla CEOs trade Twitter barbs and it gets personal

Ford didn't pull any punches when it announced its new BlueCruise highway driving assist feature on Wednesday.

Ford suggested that GM's use of red and green lighting to indicate its status makes Super Cruise challenging for people with color blindness and noted that Tesla's Autopilot requires a driver to always touch the steering wheel to prove they are paying attention, while BlueCruise uses facial recognition technology to allow hands-off operation. READ MORE

Biden proposals may not guarantee all Fortune 500 corporations pay federal income taxes

Faced with criticism over their proposed tax hikes, senior Biden administration officials have in recent days pointed to large American corporations that are paying no federal income taxes.

Earlier this month, White House press secretary Jen Psaki cited a think-tank report showing 55 companies in the Fortune 500 had paid $0 in U.S. corporate taxes in 2020. That study has also been repeatedly cited by both Transportation Secretary Pete Buttigieg, who called the lack of payment by dozens of megafirms “unacceptable,” as well as by the president himself. READ MORE

White House, Intel team up on semiconductor shortage affecting auto industry

American tech company Intel said it's working to combat the semiconductor chip shortage affecting the auto industry on the same day President Biden rounded up CEOs for a virtual summit on the semiconductor supply chain.

"We’re hoping that some of these things can be alleviated, not requiring a three- or four-year factory build, but maybe six months of new products being certified on some of our existing processes," Intel CEO Pat Gelsinger told Reuters. "We’ve begun those engagements already with some of the key components suppliers." READ MORE

Revenge Of The Winklevii

After losing an epic battle with Mark Zuckerberg over ownership of Facebook and being shunned in Silicon Valley, CAMERON and TYLER WINKLEVOSS are back—this time as budding Bitcoin billionaires at the center of the future of money, the creative economy and quite possibly a new operating model for Big Tech itself. READ MORE

Fed's Powell: Economy at an 'inflection point'

The U.S. economy is at an "inflection point" with expectations that growth and hiring will pick up speed in the months ahead, but some risks remain, particularly any resurgence in the coronavirus pandemic, Federal Reserve Chair Jerome Powell said.

In a brief preview of a longer interview with CBS' news magazine program "60 Minutes" set to air in full on Sunday night, Powell echoed both his recent optimism about the economy and a now-familiar warning that COVID-19 remains the main risk. READ MORE