Your Custom Text Here
Billionaire venture capitalist Peter Thiel went off today at the Bitcoin 2022 conference in Miami.
During his keynote speech, the PayPal cofounder called out who he believed to be Bitcoin’s “enemies.” Thiel named investment icon Warren Buffett, JPMorgan Chase CEO Jamie Dimon, and BlackRock CEO Larry Fink, Bloomberg reported. He referred the trio as a “gerontocracy” against what he portrayed as a revolutionary cryptocurrency movement. READ MORE
At first, Horn & Hardart was known for its coffee. Frank Hardart had discovered the French drip method in New Orleans, and he and Joe Horn served up a brew that made their 15-seater Philadelphia restaurant standing room only at lunchtime.
Then, at the turn of the 20th century, a salesman pitched them on a new European machine, a “waiterless restaurant,” or “automatic,” which served food such as sandwiches, chocolate bars and wine automatically, according to “The Automat: The History, Recipes, and Allure of Horn & Hardart’s Masterpiece,” a 2002 book by historian Lorraine B. Diehl and Marianne Hardart, a great-granddaughter of Frank Hardart. In 1902, Horn and Hardart imported this equipment and launched the first Horn & Hardart Automat, at 818 Chestnut St. in Philadelphia. READ MORE
Secondhand cars listed for tens of thousands more dollars than new cars. Batches of vehicles selling out in minutes. Monthslong wait times.
Welcome to Australia’s electric vehicle market.
“With the fuel prices, everything’s gone crazy,” said William McVicar, a retiree in Brisbane. He and his wife started thinking about buying an electric vehicle last year but put it on the back burner, thinking they would have plenty of time to get around to it.
“We realized we made a terrible mistake. We should have done it then,” he said. Now, everyone they know is talking about getting one, wait lists for new cars have shot up and waiting times have blown out by months. READ MORE
Ah, annual performance reviews – perhaps the most dreaded meeting of the year by both employee and boss.
And now researchers say they aren’t only dreaded and ineffective: they’re potentially harmful to the people and the company.
Just 14% of employees agree their performance review inspires them to improve. The other 86%? Perhaps they’re just surviving it! READ MORE
As 2022 builds momentum, there is a palpable sense that, whatever happens in the coming months, business will need to adapt, rather than lockdown or move into a holding pattern. Two years of on-off remote working has led to many employers shift to a hybrid work setting, bringing with it the dual benefits of meeting employees’ increasing demands for greater flexibility and the option to rapidly change gears if new disruption rear its head. READ MORE
The pandemic upended our views about not only how and where work gets done, but also the role of work in our lives. Millions of people joining the Great Resignation. While their reasons for quitting traditional full-time jobs may vary, many former 9-5 employees are joining the freelance economy. READ MORE
The New York Times issued a company-wide memo Thursday announcing a Twitter "reset" and specifically emphasized that tweeting or subtweeting about colleagues was "not allowed."
Dean Baquet, executive editor, said in a memo that he heard complaints about Twitter and problems the social media site "presents." He said it was time to "reset" the paper's "stance" on the social media site. He said Twitter was "purely optional" and encouraged those that choose to remain on Twitter to reduce their usage. READ MORE
As is well documented, small business is the engine driving America’s economy today. It’s the mom-and-pop shops, the burger joints and bars, local professional services and millions of storefronts that we depend on for job creation and for a robust economy.
Unfortunately, just about everything the Biden administration and the leadership in Washington does, from lockdowns to mandates to stoking runaway inflation, seems to destroy the pursuit of the American Dream for small businesses and American entrepreneurs. READ MORE
Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials, according to three people with knowledge of the matter. READ MORE
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
Problems with global supply chains were supposed to be getting better by now. Instead, experts say they are getting worse.
Russia's invasion of Ukraine, which cut off exports from Ukraine and put Russian businesses under sanction, has set off a series of new supply-chain bottlenecks. So has a surge in Covid cases in China, which has led to temporary lockdowns in parts of the country. READ MORE
Ask Democrats and Republicans what is to blame for high U.S. inflation, and they would point their fingers at extremely different culprits.
While the White House has identified supply-chain bottlenecks and other pandemic-induced disruptions in the economy for the recent price spike, GOP lawmakers have pinned it on the president's massive spending agenda. READ MORE
A lawsuit accusing Meta Platforms Inc.’s Facebook of overstating its advertising audience got a lot bigger Tuesday when a court expanded the pool of plaintiffs to include more than 2 million small ad buyers. READ MORE
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