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When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that would benefit from people spending much more time at home.
Netflix (NFLX) and Peloton (PTON) were two of the biggest pandemic winners, along with video call provider Zoom Video (ZM) and electronic signature firm DocuSign (DOCU).
Now, the pandemic boom is over. READ MORE
The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker.
Production at 11 plants in Japan will be halted Friday, Saturday and next Monday, Toyota Motor Corp. said. READ MORE
Tesla Inc shareholders urged a judge on Tuesday to find Elon Musk coerced the company's board into a 2016 deal for SolarCity and asked that the chief executive be ordered to pay the electric vehicle company one of the largest judgments ever of $13 billion. READ MORE
When the C-suite has a new management priority, a new job title often follows. In the mid-2000s, businesses added innovation executives to focus their companies on organic growth. In recent years, chief diversity officers multiplied to guide businesses toward better equity and inclusion amid a national racial reckoning. READ MORE
How crazy is the money sloshing around in start-up land right now?
It’s so crazy that more than 900 tech start-ups are each worth more than $1 billion. In 2015, 80 seemed like a lot. READ MORE
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 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
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 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
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
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
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
We need fewer things to work on. Starting now. READ MORE
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
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
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
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
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
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