
TD Bank Says It’s Cooperating With a US Justice Department Probe
Toronto-Dominion Bank says it’s been receiving inquiries from regulators and law enforcement about its compliance with anti-money-laundering rules,
2023-08-25 04:17

Oil Posts Small Gain After Swinging Amid Thin Summer Trading
Oil edged higher after struggling for direction throughout the session as traders weighed increased supplies and a shaky
2023-08-25 03:49

Roark to Borrow $5 Billion in Obscure Debt Market for Subway Deal
Private equity firm Roark Capital Group expects to borrow nearly $5 billion in a little-known debt market to
2023-08-25 03:47

Here Are Trump's 18 Co-Defendants in the Georgia 2020 Election Case
Donald Trump said he will turn himself in to authorities in Atlanta at 7:30 p.m. on Thursday to
2023-08-25 03:46

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 03:30

US Corn Harvest Is in Trouble
Sagging ears just short of maturity, cobs half bare of kernels as if nibbled, earth so dry that
2023-08-25 02:26

BRICS Is Too ‘Beautiful’ to Change
The acronym was simply too good to lose: BRICS. “BRIC, ” the original turn of phrase, was coined
2023-08-25 02:16

T-Mobile will lay off 5,000 employees, or about 7% of its workforce, in the coming weeks
Wireless carrier T-Mobile plans to cut 5,000 jobs, or about 7% of its workforce
2023-08-25 01:24

SpaceX Sued by US Justice Department Over Discrimination in Hiring
The US Department of Justice sued Elon Musk’s SpaceX on Thursday saying the rocket company’s hiring practices discriminated
2023-08-25 01:20

DeSantis Vows to Send US Military Into Mexico to Stop Fentanyl Labs
Republican presidential candidate Ron DeSantis pledged to send US special forces into Mexico to destroy fentanyl labs, disrupt
2023-08-25 00:27

T-Mobile US to cut 5,000 jobs as cheaper plans weigh on costs
T-Mobile US said on Thursday it would reduce its workforce by about 7% by cutting 5,000 jobs in
2023-08-24 22:48

CNN is launching a live service on Max with new programming as the network reboots its streaming efforts
CNN is heading to the Max streaming platform.
2023-08-24 21:51