APRIL 27, 2023
Not only does he have a big bank balance but India’s richest person Mukesh Ambani has a big heart too! Proof of this is a gift to one of his long-time employee Manoj Modi, often called Ambani’s right hand. Reliance Industries Chairman and Managing Director Mukesh Ambani recently gifted a multi-storey building to Modi worth crores.
Modi is...
APRIL 27, 2023
Manufacturing giant 3M on Tuesday announced another round of job cuts after the one in January this year. In the latest layoff round, as many as 6,000 employees of the company are set to lose their jobs. 3M’s layoff count has now rose to 8,500 as it had in January announced 2,500 job cuts.
In total, the 8,500...
APRIL 26, 2023
If this isn't the problem with startup culture, I don't know what is! This former employee, who shared their story via this thread on Reddit's r/antiwork subreddit, was fired on December 2nd. Their boss — the CEO of the startup — has refused to deliver the Redditor's final paycheck by December 13th. The reason why? Well, the...
APRIL 26, 2023
Just because you're in charge doesn't mean you know better or have more experience—that's not your job. It's your job to ensure that the people who know how to do that job are getting it done and have the resources and ability to do so. A lot of managers get this confused or let their gargantuan ego...
APRIL 26, 2023
MSCI China Set for Worst April Since 2004
A rout in Chinese stocks paused after a $446 billion wipeout in value for mainland shares this month, but a meaningful rebound may be hard to come by as geopolitical tensions simmer.
The benchmark CSI 300 Index ended little changed Wednesday. The MSCI gauge of Chinese shares advanced as much as...
APRIL 25, 2023
FILE - Actor, singer and activist Harry Belafonte from the documentary film "Sing Your Song," poses for a portrait during the Sundance Film Festival in Park City, Utah on Jan. 21, 2011. Belafonte died Tuesday of congestive heart failure at his New York home. He was 96. (AP Photo/Victoria Will, file)
NEW YORK — Harry Belafonte, the civil...
APRIL 24, 2023
Clearlink CEO James Clarke said many remote workers didn't open their laptops for a month, according to a video posted by Vice. Screenshot/Vice
Clearlink CEO James Clarke said remote workers "quietly quit" and didn't open laptops for a month, Vice reported.
He also seemed to suggest caregivers aren't as "productive" at work, per a video posted by...
APRIL 24, 2023
Matt Huculak, an academic, used ChatGPT to help write a reference letter for a student. LAW Ho Ming/Getty Images
Matt Huculak, a university librarian, used ChatGPT to help write a letter of recommendation for a student.
The "heartfelt" letter may have helped the student win a prestigious scholarship to Cambridge.
Huculak said using ChatGPT can help academics...
APRIL 22, 2023
The “Turning Torso” tower in Malmö, Sweden. The nation’s third largest city, it has a population of 600,000 and is working to be carbon-neutral by 2030. The city is building new eco-neighborhoods that combine urban planning and energy-efficient buildings in areas that are walkable, bikable and inviting. The Western Harbor neighborhood, pictured, includes many public spaces, ponds...
APRIL 18, 2023
Warnings of a coming recession this year are wrong, St. Louis Fed President James Bullard said.
Bullard pointed to strong economic data and shrugged off fears of an economic contraction.
A strong labor market and strong consumption are likely to fuel a "big chunk" of the US economy.
Wall Street is wrong for sounding the alarm on...
