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Torrential rain affecting most of New York City is having an effect on area air travel.
2023-09-29 23:22

A New Field of Would-Be US House Speakers Takes Shape After Jim Jordan Fails
House Republicans have dispensed with Jim Jordan as their nominee for the US speakership and now several more
2023-10-21 05:24

Scandals Taint Singapore’s Clean Image Complicating Succession
Singapore’s ruling party has long relied on its reputation for clean governance to win elections and attract capital
2023-07-18 13:55

BlackRock announces fresh layoffs impacting less than 1% of staff - memo
By Anirudh Saligrama BlackRock has announced layoffs that would impact less than 1% of its workforce as a
2023-06-23 08:27

Column-Hopes of economic ‘soft landing’ re-emerge after stormy descent: Mike Dolan
By Mike Dolan LONDON The economic airplane hasn't reached the runway yet and has hit some more heavy
2023-06-02 14:18

Analysis-Canadian homeowners eye fixed-rate loans in 'higher-for-longer' era
By Nivedita Balu TORONTO The Bank of Canada's warning that borrowing costs are likely to stay higher-for-longer has
2023-11-24 19:29

Uber Eats Pledges to Slash Takeout Emissions and Plastic Waste
Uber Technologies Inc. pledged to eliminate carbon emissions and “unnecessary” plastic waste from its growing delivery business by
2023-06-08 16:49

Philippines to Borrow 2.46 Trillion Pesos in 2024, Bulletin Says
The Philippine government plans to borrow 2.46 trillion pesos ($44.1 billion) in 2024, up 12% from this year,
2023-06-24 09:23

Zoom CEO raises eyebrows by saying people need to go back to the office
Zoom CEO Eric Yuan told staff an all-hands meeting earlier this month that he wants employees to return to in-person work because Zoom is making them too “friendly” and unable to build trust. “Over the past several years, we’ve hired so many new ‘Zoomies’ that it’s really hard to build trust,” Mr Yuan says in the audio, which was obtained and first reported by Insider. “We cannot have a great conversation. We cannot debate each other well because everyone tends to be very friendly when you join a Zoom call.” Mr Yuan’s thoughts were accompanied by action: On 3 August, Zoom instituted a new policy requiring employees who live within 50 miles of a physical Zoom office to report to work at least two days per week. The return to the office policy at Zoom is striking considering that it was the Covid-19 pandemic and resulting stay-at-home orders that turned the platform from one few people had ever heard of to a part of everyday life for millions. But Mr Yuan is not alone among senior executives at tech firms. Apple, Meta, and Amazon have all instituted return-to-work policies in recent months, angering employees who have enjoyed the increased flexibility afforded by work-from-home policies. Since Covid-19 vaccines have facilitated the re-opening of the economy, workers and bosses in many sectors have clashed over the importance of in-person work and the ability of companies to exercise control over their employees whereabouts and schedules. Some, like Zoom and a number of other tech companies, have adopted hybrid policies in which workers are required to come into the office on certain days of the week but are allowed to work from home on others. But even those companies have faced backlash from workers, many of whom were hired at a different stage of the pandemic when most or all work at their respective companies was being conducted remotely. Mr Yuan’s comments, which were not meant for public consumption, may provide a measure of insight into how he and other top executives truly feel about Zoom and remote work more broadly — suggesting that it somehow limits innovation by not allowing for the sometimes uncomfortable kinds of interactions that can build trust. Mr Yuan, who was born and raised in China, moved to Silicon Valley during the late 1990s. He founded Zoom more than a decade ago and became a multibillionaire during the pandemic. Read More Maui residents are still reeling from wildfire devastation. Now investors and realtors are trying to cash in
2023-08-25 03:16

Automakers' contract negotiations will decide potential EV future for idled Illinois plant
By Bianca Flowers BELVIDERE, Illinois A shuttered Illinois Jeep assembly plant will be at the center of a
2023-07-05 18:24

Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt
2023-08-13 23:49

BoE's Bailey says getting inflation to 2% will be 'hard work'
LONDON Andrew Bailey, the governor of the Bank of England, said getting inflation down to the central bank's
2023-11-27 15:49
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