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In the past 12 months, a record number of Americans have quit their jobs, and workers around the world have been paying attention.
"The Great Resignation is people saying, 'Whatever the situation is, I want better,'" Patrecia Ming Buckley told CNN Business. The 35-year-old, who is based in Sydney, made the decision to leave her job at the consultancy EY last August. READ MORE
Where you live could impact your stress levels, according to a new study.
On Monday, WalletHub published a report that found the most and least stressed U.S. states in 2022.
For its report, WalletHub compared all 50 states based on 41 measurements in four categories: work-related stress, money-related stress, family-related stress and stress related to health and safety. READ MORE
The supply chain is in chaos—and it’s getting worse. Air freight warehouses at Shanghai Pudong Airport are log-jammed as a result of strict Covid testing protocols imposed on China’s biggest city following a local outbreak. At the city’s port, Shanghai-Ningbo, more than 120 container vessels are stuck on hold. In Shenzhen, a major manufacturing hub in the country’s south, trucking costs have shot up 300 percent due to a backlog of orders and a shortage of drivers following the introduction of similar Covid restrictions. Major ports the world over, which used to operate like clockwork, are now beset by delays, with container ships queuing for days in some of the worst congestion ever recorded. The list goes on. READ MORE
Is it a bus? Is it an UberPool? Not quite. It’s microtransit.
The future of transit is bigger than your car yet fits in the palm of your hand. The Routing Company partners with cities to offer apps that provide on-demand shuttles and buses that promise to meet commuters where they are at the push of a button. Its focus is better coverage, efficiency, equity and convenience for riders. The startup competes against ride-sharing firms like Uber, which just announced a deal with New York City to allow taxis on its app. READ MORE
Many countries around the world have decided to live with the coronavirus, even as a new subvariant fuels another wave of infections. But China is an extremely important exception. READ MORE
Rankings were based on human capital and innovation environment READ MORE
The Securities and Exchange Commission argued in a Tuesday filing with the U.S. District Court in Manhattan that Tesla and Elon Musk have "no valid substantive basis" to challenge a subpoena issued by the agency in November. READ MORE
The good news is, federal policymakers know what spurred inflation to its historic gallop over the last year. The bad news is, it was them.
That’s why Congress and President Biden spent 2021 ignoring inflation or insisting it was merely "transitory." It’s not. The four-decade high 7% inflation rate Americans endured last year jumped to 7.9% in February and seems headed even higher. Contrary to Democrats’ misdirection, this inflation wasn’t caused by COVID-19, but by the federal government’s ham-handed responses to it. READ MORE
In yesterday's White House description of President Biden's schedule, it says he will join Business Roundtable CEOs and talk about Russia's "unprovoked and unjustified" war with Ukraine and then it adds "and the president plans to lower costs for working families, create good paying union jobs, and tackle the climate crisis." READ MORE
Many consumers have shifted to digital storefronts, and many direct-to-consumer brands have benefited from this change. For example, Peloton generated $4.02 billion in sales in 2021, but the switch to e-commerce is only one of many components that have helped D2C businesses grow. READ MORE
The robots will take the most tedious, most dangerous jobs first, in most things. Trucking is no exception. Autonomous driving engineers are squarely focused on long-haul freight, the interstate runs with almost no complexity save for a slow curve or an E-ZPass lane. As such, those routes are some of the simpler challenges on the self-driving spectrum. READ MORE
Elon Musk's Starlink satellite system is giving Ukrainian forces the edge in winning the drone war as the nation fights back with technology to track down invading Russians.
Aerorozvidka (Aerial Reconnaissance) is being used to attack Russian drones and target Vladmir Putin's army of tanks and track down their positions in the conflict, which has been ongoing since February 24, according to The Telegraph. READ MORE
Tesla CEO and SpaceX founder Elon Musk wrote to his 77.7 million Twitter followers on Monday that he was challenging Russian President Vladimir Putin to single combat and wagering Ukraine.
"I hereby challenge Владимир Путин to single combat," Musk wrote, using Putin’s Russian name.
He added, "Stakes are Україна," using the Ukrainian spelling for Ukraine. READ MORE
The majority of U.S. workers who changed jobs during the "Great Resignation" actually regret quitting and even feel a sense of buyer's remorse, according to a new survey.
Seven out of ten workers — about 72% — admitted that they were surprised to learn that their new roles or companies were different from what they were led to believe during the interview process, according to the survey of more than 2,500 millennial and Gen Z job seekers by The Muse. READ MORE
Less than a day after Russia launched an invasion of Ukraine, the head of security at Meta (formerly Facebook) announced the company would no longer accept ad money from Russian state media outlets like Russia Today and Sputnik. Twitter said it would pause all ads from both Russia and Ukraine. And the next day, 26 February, YouTube quietly shared that it had begun blocking a handful of Kremlin-run media outlets from monetizing and running ads on their channels too. READ MORE
Like all novel experiments, the group punishment of Russia is a leap into the unknown. READ MORE
A shadow board is a group of young, nonexecutive employees tapped to work with the executive board on strategic initiatives. It’s designed to introduce a company’s (typically middle-aged) leadership team to new perspectives and insights, thereby helping to drive strategy. The shadow board might contribute to initiatives as significant as developing a new marketing plan, redesigning a business model, or updating key processes in the organization’s value chain. It can also shift corporate culture in two ways: Board members can gain access to new perspectives and younger employees can experience the inner workings of a board and share what they learn with their peers. READ MORE
As the second anniversary of pandemic-fueled lockdown approaches, the challenges and successes of the last two years are coming into focus for employers. And despite the widespread workplace chaos, many employees appear happy with how their employer has handled the crisis. READ MORE
A bipartisan group of congressional lawmakers is asking the Justice Department to launch a probe into Amazon and its top executives over whether they lied to or misled Congress over the company's business practices in an effort to surpass their competitors. READ MORE
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