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WHETHER IBM IS STAYING WITHIN U.S. age laws as it cuts from and adds to its workforce turns largely on how and why the company chooses individuals to be eliminated. While executives say they never target older workers, internal company documents and interviews suggest otherwise. Consider, for example, a planning …
Read More »Casino mogul Steve Wynn lowers stake in Wynn Resorts to 7.8%
Patrick T. Fallon | Bloomberg | Getty Images Steve Wynn, chairman and chief executive officer of Wynn Resorts Ltd. Steve Wynn, the former chief executive of Wynn Resorts, has lowered his stake in the casino operator to about 7.8 percent from 11.78 percent, a regulatory filing showed on Thursday. Steve …
Read More »UK launches cryptocurrency task force as part of fintech strategy
Luke MacGregor | Bloomberg | Getty Images Philip Hammond, U.K. chancellor of the exchequer, speaks at the delayed annual Mansion House speech, usually delivered at the annual Bankers and Merchants dinner, at Mansion House in London, U.K., on Tuesday, June 20, 2017. Britain has unveiled a task force that will …
Read More »We don’t want Amazon HQ2 here
John Bazemore | AP A tract of land known to locals as The Gulch is shown Thursday, Jan. 25, 2018, in Atlanta. As Atlanta vies to entice Amazon to build its second headquarters on the site, local leaders are studying a proposal to build a $5 billion project with more …
Read More »AirAsia Group CEO on the importance of passion when making career decisions
Ben Hoskins | Getty Images Sports | Getty Images QPR owner Tony Fernandes celebrates after his team won the Sky Bet Championship Playoff Final match between Derby County and Queens Park Rangers at Wembley Stadium on May 24, 2014 in London, England. “For me, I do things because I love …
Read More »Nike exec departures reflect a larger cultural issue: retail analyst
Getty Images A picture shows the messages ‘#Me too’ and #Balancetonporc (‘expose your pig’) on the hand of a protester during a gathering against gender-based and sexual violence called by the Effronte-e-s Collective, on the Place de la Republique square in Paris on October 29, 2017. In a note, Sam …
Read More »Office Envy? A look inside L’Oreal USA’s headquarters at Hudson Yards, Manhattan
Photo credit: Garrett Rowland, courtesy of Gensler L’Oreal USA’s outside terrace at 10 Hudson Yards, Manhattan In 2016, L’Oreal USA moved its headquarters from nearby Midtown to Hudson Yards, joining a host of major firms that had chosen to park their offices in the West Side area, including TimeWarner, SAP …
Read More »Schwartz to retire from Goldman, Solomon to serve as sole president
Andrew Harrer | Bloomberg | Getty Images David Solomon, co-president and co-chief operating officer of Goldman Sachs Group Inc., gives a thumbs-up during a discussion at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C., on Tuesday, Feb. 13, 2018. Goldman began actively considering Blankfein’s successor after he was …
Read More »France signs deals worth $16 billion
Ludovic Marin | AFP | Getty Images Indian Prime Minister Narendra Modi (R) and French President Emmanuel Macron (L) shake hands as they make a joint press statement in New Delhi on March 10, 2018. French and Indian companies signed contracts worth 13 billion euros (£16 billion) on the first …
Read More »NRA files lawsuit over Florida gun control law
Getty Images A protester holds a sign that reads, ‘NRA Stop Killing Our Kids’, outside the court-room where Nikolas Cruz, 19, a former student at Marjory Stoneman Douglas High School in Parkland, Florida, was having a bond hearing in front of Broward Judge Kim Mollica at the Broward County Courthouse …
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