JANUARY 20, 2023
Picture of Morgan Stanley CEO James Gorman. - Hollie Adams—Bloomberg/Getty Images
The pandemic has completely transformed people’s working lives. Employees across industries have gotten used to remote work, and they want to hold onto it, fighting back against efforts to bring them back into the office, and experts warning that if companies don’t welcome remote work, they risk...
JANUARY 20, 2023
Former President Donald Trump arrives to speak at Mar-a-lago on Election Day, Nov. 8, 2022, in Palm Beach, Fla. - Andrew Harnik/AP, FILE
A federal judge in Florida has sanctioned former President Donald Trump and his attorney Alina Habba, ordering them to pay fines of nearly $1 million for filing what he deemed to be a frivolous lawsuit...
JANUARY 20, 2023
Google CEO Sundar Pichai, on Friday said that Alphabet Inc, the parent company of Google will layoff 12,000 employees from across verticals. In a long email to Google employees, Sundar Pichai explained the reasons behind the Google (Alphabet) layoff and said 'sorry' to those who may lose jobs during the Alphabet job cuts.
Full text of Sundar Pichai's...
JANUARY 20, 2023
Elizabeth Holmes lives on an expensive estate while appealing her conviction, prosecutors said in a court filing. - CNBC/Getty Images
Elizabeth Holmes lives on an expensive estate, prosecutors said in a court filing.
They said her estate costs $13,000 a month in upkeep, according to cash statements from Holmes.
The Theranos founder still shows "no remorse to...
JANUARY 18, 2023
Maryland Gov. Wes Moore and his wife, Dawn, embrace after Moore was sworn in, Wednesday, Jan. 18, 2023, in Annapolis, Md. - Julia Nikhinson/AP Photo
Democratic Gov. Wes Moore made history Wednesday, officially assuming office as Maryland’s first Black chief executive during a ceremony at the state’s capitol building in Annapolis.
But for Moore — the nation’s third Black...
JANUARY 18, 2023
An artist’s concept of the new transonic truss-braced wing configuration from NASA and Boeing. - Image: Boeing
NASA today announced it will be working with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim to cut fuel emissions and reduce the climate impact of flying.
“Most of you all think of NASA as...
JANUARY 18, 2023
SpaceX CEO Elon Musk. Yasin Ozturk/Getty Images
Elon Musk's focus on Twitter has made SpaceX a calmer place to work, some staff told Bloomberg.
Musk's engagement in daily operations at SpaceX could create more work for staff, per the report.
His demands for changes to hardware sometimes result in another redesign, staff added.
SpaceX employees said they're relieved...
JANUARY 18, 2023
Satya Nadela speaks on stage at the "A Conversation with Microsoft's Satya Nadella" panel, Nov. 7, 2019, in New York City. - Brad Barket/Getty Images for Fast Company
Microsoft said it will lay off 10,000 employees this year, the latest tech firm to slash jobs as the sector contracts after a pandemic-era boom.
The layoffs will affect nearly 5%...
JANUARY 17, 2023
Janet Yellen, the secretary of the Treasury, warned that the United States would reach its existing borrowing cap of $31.4 trillion on Jan. 19. - Adam Perez/NYT
Washington is gearing up for another big fight over whether to raise or suspend the nation’s debt limit, with Treasury Secretary Janet L. Yellen warning last week that the United States will...
JANUARY 17, 2023
China's birth rate has declined for the first time in decades, China's National Bureau of Statistics reported Tuesday, a shift that experts say could influence the global economy.
The world's most populous country had 1.41175 billion people in it in 2022, a drop of 850,000 compared with 2021. The birth rate was 6.77 births per 1,000 people, a fall from...
