A series of consumer surveys and interviews conducted by McKinsey finds Gen Zers reporting the least positive life outlook, including lower levels of emotional and social well-being than older generations. READ MORE
Microsoft buying Activision in $68.7B deal
Microsoft is buying Activision Blizzard Inc., the maker of ‘Call of Duty’ and ‘Candy Crush’, in a deal worth $68.7 billion, the companies announced on Tuesday and embattled CEO Bobby Kotick will remain in his role at the video-game maker. READ MORE
What Makes A Successful Founder Into An Effective CEO?
My co-founders and I started Beam in 2012 with the mission to revolutionize dental insurance and employee benefits. At first, I was focused on building Beam to fulfill that mission.
By 2016, we were struggling. Our first product didn’t scale, our second didn’t find customers, and our third was stuck in regulatory purgatory. READ MORE
Citigroup to fire unvaccinated employees this month
Citigroup staff in the United States who have not been vaccinated against Covid-19 by Jan. 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, a source familiar with the matter said on Friday. READ MORE
Where are all of the jobs? These industries hired the most workers in December
Although U.S. job growth slowed markedly in December, most industries still added to their payrolls last month, with restaurants and bars leading the way in hiring before the threat of the new omicron variant. READ MORE
Reflections on another strange pandemic-era CES
In the weeks leading up to CES, we made a difficult decision. With omicron cases skyrocketing around the country in the lead up to the holiday travel season, we canceled our flights and re-strategized. It made for a chaotic last few weeks of the year, but as long as the show continues to be held the first week of each year, those of us who write about hardware for a living won’t be able to take much time off during the holidays, regardless. READ MORE
Do You Have The Right Leadership In Place To Implement High-Performance Management?
You can’t have a high-performing company without high-performance management. But high performance is more than just another management style. For leaders who consistently nudge the needle toward outstanding, it’s part of their DNA. They often exceed even their own expectations and won’t settle for less. These high-performance leaders drive results and seem to be a magnet for others just like them. READ MORE
It’s Time to Embrace Slow Productivity
We need fewer things to work on. Starting now. READ MORE
Former CEO warns elevated job openings amid labor shortage will lead to 'catastrophe'
Former McDonald's USA CEO Ed Rensi argued on Tuesday that Americans are feeling the labor shortage "big time" amid a confluence of events, calling the situation a "nightmare."
Speaking on "Cavuto: Coast to Coast," Rensi also warned that continued elevated job openings amid the labor shortage will lead to a "catastrophe." READ MORE
Theranos founder Elizabeth Holmes: Inside her weird lifestyle
The trial of Theranos founder Elizabeth Holmes put on display several false claims made by the one-time Silicon Valley darling during her time leading the tech startup, and it also brought forth some bizarre details about her lifestyle. READ MORE
America’s 250 Best-Led Companies
They are the unsung heroes of the U.S. economy. Companies with annual revenue between $50 million and $2 billion. They're lithe enough to maneuver, but big enough to have a broad impact. They employ 35 million people--about one in four U.S. workers. They deliver nearly 40 percent of the country's economic vitality. They are America's midsize companies, and it's time they are recognized. READ MORE
WeWork co-founder faces new business venture as an apartment landlord
Adam Neumann, who built office co-working giant WeWork before resigning as chief executive when his fortunes soured, has a new business venture under way: apartment landlord.
Entities tied to Mr. Neumann have been quietly acquiring majority stakes in more than 4,000 apartments valued at more than $1 billion in Miami, Atlanta, Nashville, Tenn., Fort Lauderdale, Fla., and other U.S. cities, according to court, property and corporate records and people familiar with the transactions. Many of these investments occurred within the past year. READ MORE
Inflation, workforce participation and real wages: 3 key indicators for monitoring the economy in 2022
Americans, especially those on low incomes, have felt the pinch of higher prices in recent months. The price people pay for everything from fish to gasoline has soared, with the pace of change the highest it’s been in decades.
Inflation is a sustained, generalized increase in the prices of many goods and services in an economy. Inflation erodes consumers’ purchasing power and the value of their cash, in effect reducing their real incomes. READ MORE
HR executives share some of the biggest challenges of 2021
As the pandemic persisted throughout 2021, so did the challenges that companies faced.
Many corporate leaders and human resource executives had to contend with delayed office re-openings, mask and vaccine mandates and evolving safety policies. Some also had to figure out which work model would be best for the company, effective ways to combat employee burnout and how to recruit and retain employees in a tight labor market. READ MORE
AT&T and Verizon agree to new delay of 5G rollout
Building More Resilient Supply Chains
For a glimpse at the state of the global supply chain in 2021, a look out at the waters off the coast of southern California told the story. On any day, more than 60 ships could be waiting at anchor unable to unload cargo at the two ports that handle 40% of all containers coming into the United States. This record backlog is limiting supplies of everything from toys and furniture to video game consoles. Even the great toilet paper shortage of 2020 was poised for an encore when retailer Costco announced purchase limits in the fall. READ MORE
Intel CEO: The best way to fix America's chip shortage
For almost a year, US companies and consumers have had to navigate a global chip shortage. Even among Covid-19 disruptions, this shortage stands out as uniquely impactful — semiconductors are a critical part of every digital device, powering our phones, cars, hospitals and factory floors. READ MORE
39% of US workers are looking to change jobs in 2022
Nearly four out of 10 workers in the U.S. are looking to make a job switch in the coming year, according to a survey from Fidelity Investments, signaling that the Great Resignation might be far from over. READ MORE
SEC Proposes Rules to Modernize Share Repurchase Disclosures
On December 15, the same day it proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 (Exchange Act) that may blunt the use of the affirmative defense for insider trading, the Securities and Exchange Commission (SEC) also proposed new disclosure rules concerning share repurchases, or buybacks, which have long attracted critical political and media attention. READ MORE
One-third of workers would take a pay cut to never dress for work again
This past fall, Lululemon’s design team noticed something unusual. Wall Street bros were flocking to the Brookfield Place store in the Financial District to buy the On the Move trousers, which look like chinos but are made from the same soft, stretchy, moisture-wicking material used in the brand’s activewear. That’s right: Finance execs were finally ditching their suits. READ MORE

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