Business
Starbucks barista strike expands on fifth day of closures
Over 5,000 workers in Boston, New York and Philadelphia, among other cities, planned to join the work stoppage on Tuesday. ...
You’re wasting nearly 5 whole days a year just scrolling for something to watch on Netflix and YouTube, study finds
One in five believe it’s harder to find something to watch today than it was 10 years ago. Read More
The Fed is weighing ‘significant changes’ to its annual stress tests for large U.S. banks to lessen the risk of large year-on-year swings
The stress test has helped banks more than double their capital levels over the past decade-plus. Read More
La-Z-Boy launches ‘never recline’ petition for airplane passenger seats—and it’s closing in on 200,000 signatures
Petition signers can win a free recliner and $500 toward a flight. Read More
Most people scorn AI hallucinations, but researchers love them—and one scientist says they helped him win his Nobel Prize
In October, David Baker was the only American scientist to win the Nobel Prize in Chemistry. Read More
Syria dissolves rebel factions as al-Sharaa consolidates power
Several groups agree to merge under defence ministry as interim government seeks to unite fractured country
Biden will decide whether US Steel can be sold to a Japanese company for $15 billion
Some federal agencies were skeptical that allowing a Japanese company to buy an American steelmaker would create national security risks. ...
Millennials and Gen X will inherit $83.5 trillion in the next two decades—but not before spouses of the wealthy obtain their $9 trillion
The report from UBS also had some good news for consumers. Not only is it easier to climb the wealth ...
US banking lobby sues Fed over stress test framework
Announcement comes a day after central bank unveiled proposed changes to annual examinations
A year after Bayer got rid of bosses and asked staff to self-organize, its CEO says attrition has fallen
Bayer told workers to self-organize last year as part of a plan to save €2 billion in costs by 2026. ...
Prosecutors withdraw appeal against Alec Baldwin in fatal shooting on set of ‘Rust’
Baldwin’s lawyers said the decision was a vindication: “This was an unspeakable tragedy but Alec Baldwin committed no crime.” Read ...
Russia’s multi-billion dollar revenue stream may soon grind to a halt, thanks to Ukraine. Its ripple effects could hit Europe
Despite the war, Russia has long had a deal in place to transit its gas exports via Ukraine to Europe. ...
Americans over 75 have the highest rates of suicide. How to prevent depression with aging, according to AARP
We need to address mental health across the whole life course—including with older people, who are at some of the ...
Cisco’s John Chambers: India, not China, is the future
“Your currency in the world is your track record, your relationships, and your trust. And China’s hurting at all three.” ...
Entrepreurial advice from a founder-CEO more than 15 years in: Build for the long game—and forget about being first
Startup founders should be thinking a decade into the future from day one, says Thumbtack CEO Marco Zappacosta. Read More
Amazon CEO Andy Jassy: An ‘embarrassing’ amount of your success in your 20s depends on your attitude
But aspirational workers need to follow through on a can-do attitude with action, Jassy added. Read More
Credit unions: What makes them special? How are they different from banks?
A credit union provides deposit accounts and lending products—just like a bank—plus a range of other services. The big difference ...
The mortgage interest deduction could save you thousands on your taxes. Here’s how to know if it’s right for you.
The home mortgage interest deduction can help some filers maximize their tax refund. But it’s less useful now than in ...
Live Nation hopes for another big year of acquisitions despite an antitrust lawsuit that could lead to a break-up
LiveNation acquired stakes in a number of companies in 2024, and plans more in 2025. Read More
Biden and Democrats seal judicial confirmation push to beat Trump’s tally
Wave of confirmations attempts to balance rightward swing on the federal bench with a diverse range of candidates
The nation’s favorite chocolate is ‘disappointed’ as Britain’s King Charles strips Cadbury of its royal warrant—for the first time in 170 years
Cadbury was among 100 firms including Unilever missing from a new list of 386 royal warrant holders, although Bacardi and ...
Macron unveils new government under Francois Bayrou—France’s fourth prime minister of the year
French President Emmanuel Macron named a new government Monday evening to help drag the second-largest EU economy out of political ...
Defaults on leveraged loans soar to highest in 4 years
Borrowers turn to distressed exchanges in the face of punitive interest rates
SpaceX, Amazon in talks with British Airways owner on Wi-Fi deal
Starlink, SpaceX’s internet-from-space initiative, serves around 4 million customers through a network of thousands of satellites in a relatively low orbit ...
Americans embrace debt to get through holidays, with 1 in 5 saying their budget won’t recover until next May
As 2024 wreaks havoc on wallets, 1 in 4 Americans say they’ve lost track of their debt totals entirely. Read ...
More Americans say they’re picking up side-hustles as widespread layoffs stoke job security fears
In the wake of widespread layoffs, 20% of Americans with side hustles are actively investing in their secondary income streams. Read ...
Former Harvard president Larry Summers slams Ivy League schools for putting ‘social justice’ over excellence
The majority of Harvard’s Gen Z students are graduating with straight A’s—here’s why that’s a workplace problem in Larry Summers’ ...
Russian cargo ship sinks in the Mediterranean Sea
Two crew members remain missing after an explosion in Ursa Major’s engine room
Your Gen Z and millennial employees hate when you use these corporate buzzwords
The most annoying corporate jargon making young employees roll their eyes has been revealed—and “circle back” is the worst offender. ...
2024: The year the remote work dial shifted in European bosses’ favor
Countless bosses have called workers back into the office full-time as the power shifted away from workers in 2024. Read ...
