Meet the average CEO of the top UK companies: He’s white, rich, and probably named Andrew
That’s according to an analysis of the CEOs of the top 100 companies on the LSE by human resources publication People Managing People…
Companies are making bank off you forgetting you signed up for that subscription, researchers found
After economist Neale Mahoney realized he forgot to cancel his Peacock subscription, he got curious about how many people had the same problem…
As companies bring more jobs to Mexico, US wants labor rights safeguards
As companies bring more jobs to Mexico, US wants labor rights safeguards
Companies are selling us more stuff by telling us it’s ‘sustainable’
A Federal Trade Commission plan to update its Green Guides comes as more companies use terms like “sustainable” and “net zero” to sell us things…
Tech companies spoiled workers for decades. Now layoffs are bringing them down to Earth.
Big Tech spent years acting special. Companies competed for “best place to work” with cushy perks. Layoffs are bringing the industry back to reality…
UK companies endure listless December, PMI shows
LONDON — Britain’s services sector ended 2022 in lackluster fashion, with new orders falling and hiring frozen during December, according to a survey on Thursday that highlighted the likelihood that Britain is already in recession. The S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) for December was revised down to 49.9 from an earlier flash…
Big companies manage to pass on soaring costs to cash-strapped consumers
Big companies manage to pass on soaring costs to cash-strapped consumers
Foreign companies are exiting Russia en masse. The Kremlin said it could seize their assets and nationalize them.
The White House warned against any “lawless” move to seize foreign assets, saying it will “result in even more economic pain for Russia…
Nearly half of FTSE 100 companies have no net-zero target, Arabesque says
Nearly half of FTSE 100 companies have no net-zero target, Arabesque says
Some companies in Florida and Alabama are still struggling to find staff months after the states cut enhanced COVID-19 unemployment benefits
Business owners have blamed the enhanced COVID-19 jobless benefits for a labor shortage that has forced them to slash opening hours and raise prices.
Drug companies say enough U.S. states join $26 bln opioid settlement to proceed
Three large U.S. drug distributors and drugmaker Johnson & Johnson will proceed with a proposed $26 billion settlement resolving claims that they fueled the opioid epidemic after “enough” states joined in, the companies said on Saturday. The companies had until Saturday to decide whether enough states back the $21 billion proposed settlement with McKesson Corp,…
Energy companies race to complete Gulf of Mexico evacuations
HOUSTON — U.S. oil and gas companies on Friday raced to complete evacuations from offshore Gulf of Mexico platforms as Tropical Storm Ida advanced towards oilfields that provide 17% of the nation’s oil production. The storm early Friday was about 50 miles northwest of Grand Cayman Island moving north at 15 miles (24 km) and…
Some companies pledged to halt donations to lawmakers who objected to certifying Biden’s election win. They have not kept their promise.
Some companies said they were assured that the money they gave to PACs would not go towards elected officials who objected to certification.