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A generations-old hardware store in California has been forced to go above and beyond to protect its shoppers as the state's crime wave continues to rise.
Fredericksen Hardware & Paint, a long-standing shopfront in the Cow Hollow-Marina area of San Francisco, will now provide shoppers with a staff member to escort them through the shop. READ MORE
Those two lines are part of a viral post on LinkedIn penned by a Seattle-based software engineer who wrote about why he’s “proud of being a job hopper.”
“Moving from Amazon to Microsoft to Google, I jumped between three companies in three years and never looked back,” wrote Alex Nguyen.
In his post, Nguyen points to the lack of pensions, sign-on bonuses, and at-will employment as reasons for why employees can be drawn to jump ship to another company. READ MORE
President Joe Biden's Environmental Protection Agency (EPA) recently finalized an air quality rule that the manufacturing industry is warning could wipe out one million jobs and undermine efforts to build new manufacturing facilities in America.
Jay Timmons, president and CEO of the National Association of Manufacturers (NAM), is set to sound the alarm about the regulation in his annual state of manufacturing address on Thursday in Roseville, Michigan, according to an advance copy of his remarks provided to FOX Business. READ MORE
All the hype around generative artificial intelligence since the release of OpenAI's ChatGPT has companies scrambling to hire talent who knows how to implement and harness the rapidly developing technology.
Indeed's latest U.S. Jobs and Hiring Trends Report published in November found AI job postings surged 20-fold from the beginning of 2023 to the end of October. READ MORE
The Remington gun factory nestled in New York’s Mohawk Valley is ready to shutter its doors and move to Georgia after more than 200 years in the Empire State.
"Two hundred and eight years of history. Gone, gone," Ilion, New York, Mayor John P. Stephens told The New York Times. "Ilion is Remington. Remington is Ilion." READ MORE
The IRS on Wednesday announced that it is going to increase audits of corporate jets, part of its sweeping effort to crack down on wealthy Americans and big corporations that aren't paying what they owe.
Beginning in the spring, the IRS will conduct audits of three dozen to four dozen high-income individuals and companies that may be using private jets for personal reasons, but write them off on their taxes as a legitimate business expense in order to reduce their liability. READ MORE
A millennial who worked for a Michigan news station owned by Paramount Global said she was laid off three months after she moved to take the job.
On February 13, Gabrielle Dawson recorded the moment a general manager told her that layoffs were impacting her role. She posted her reaction to TikTok later that day. READ MORE
In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production.
The much ballyhooed project in Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data. READ MORE
Rivian Automotive Inc. lost its claim to be Tesla Inc.’s most credible competitor long ago. Now, its ability to navigate an EV demand slowdown poses its biggest test. READ MORE
Artificial intelligence is becoming ubiquitous in the interviewing and hiring process. It carries out the initial screening of applicants to the final stage of decision making. Managers can now make better and more informed decisions about their staff and promotions.
In addition to being instrumental in a number of aspects within the hiring process, AI provides the tools to enable managers to make the tough decisions over the firing of workers. While many of the use cases are helpful and positive, there are concerns over biases, fairness and transparency. READ MORE
Capital One is acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market.
Under the terms of the deal announced late Monday, Discover (DFS) shareholders will receive a little over one share of Capital One (COF) for every Discover share they own. That represents an almost 27% premium from Discover’s closing share price of $110.49 on Friday. READ MORE
Remote workers are more likely to be laid off or miss out on promotion opportunities than their peers who work in the office or in hybrid environments, potentially exposing employers to costly discrimination lawsuits.
A January survey from Live Data Technologies Inc. found that in 2023 fully remote white-collar workers were 35% more likely to get laid off than colleagues who put in at least some time in the office. The software development firm, which tracks job trends, analyzed a sample of two million workers and also found that remote employees were 31% less likely to get promoted. READ MORE
A former top corporate America executive is warning that the U.S. economy is not on a fast track to recovery, as higher inflation and more mass layoffs loom over markets.
"The general population will not be duped by this aversion to try and blame inflation on corporate America. It starts at the raw materials, it starts at transportation, it starts at energy," former Home Depot and Chrysler CEO Bob Nardelli said on "Cavuto: Coast to Coast" Monday. "A whole host of things that are driving this up, wage increases." READ MORE
Recently, a friend of mine who is a novice crypto investor reached out to me asking if I could look into a company that promotes crypto mining and investment. The website promised returns that seemed too good to be true and had various other red flags. Unfortunately, by the time I got back to them with this information, my friend had already transferred several thousand dollars worth of Bitcoin. They were told they had earned a substantial return on their investment, but when they tried to withdraw their money, things took a dark turn. The fraudsters demanded additional fees to be paid before allowing the withdrawal; then, they threatened to close the account and call the police if my friend did not send more money. At this point, it was clear that the investment was fraudulent, there was no profit, and nothing would be returned. READ MORE
Performance reviews can win you a raise or get you laid off — and managers and employees alike are turning to ChatGPT to write them.
Why it matters: The sensitive work of writing your own self-assessment, or reviewing the work of an employee who reports to you, has become so daunting or monotonous that some would rather turn it over to AI.
What's happening: It's been over a year since ChatGPT became a household name and though the excitement over its magic has begun to wane, people are increasingly using it for all sorts of critical tasks. READ MORE
Think about how the first 15 minutes can set the tone for your workday. Imagine if you arrive late and rush to your desk, or if you have a fight with your spouse while you’re on your commute, or if you realize you forgot that you had an early meeting and missed it.
With some organization, a positive mindset and a plan of action to tackle your day, experts say the first 15 minutes of your day can springboard your workday to be productive. Here’s a deeper dive. READ MORE
If there’s one thing most employees (and some HR professionals for that matter) hate, it’s performance reviews.
Jack Dorsey – the former co-founder of Twitter – hates them so much that, that at the end of 2023 he made the news when he announce that his new organization – Block – would be banning them altogether.
The big irony with performance reviews is that according to Workhuman Analytics & Research, 55% of workers do not actually think performance reviews improve performance. Most employees get anxious with them, and many argue their structure focuses too much on historic performance rather than future potential and capability. READ MORE
Since the 2008 financial crisis, a growing chorus of advocates and scholars have argued that corporations have a responsibility toward a number of different stakeholders, including their employees. The opposing camp has held that shareholders come first: They are the owners of the firm, and they should ultimately decide how it acts.
However, there is a schism forming among those who claim to adhere to the idea of shareholder primacy–the notion that a company should serve only its investors. And it widened again last month when oil giant ExxonMobil sued two of its shareholders, Arjuna Capital and Follow This, to block them from submitting climate-related resolutions at its shareholder meeting. READ MORE
Jean-Paul Sartre once said, “Hell is other people.”
The French philosopher wouldn’t get much of an argument from many working women.
There’s a reason lots of women are freelancing, doing contract or gig jobs and saying goodbye to the traditional workplace − and it’s not just about flexible hours. READ MORE
Mark Cuban’s X account began reposting antisemitic remarks this week aimed at none other than himself, leading some to believe that his page had been hacked. But the reposts were actually made by Cuban in an effort to highlight the platform’s surge in anti-Jewish rhetoric.
“It was me,” Cuban confirmed to the Daily Dot.
Many of the reposts, which Cuban began sharing on Wednesday, attacked his Jewish heritage and accused him of attempting to subvert society. READ MORE
“You guys [Jews] seem to have a genetic predisposition to subvert societies,” one user reposted by Cuban said. “Why? I have no idea, but even Jesus himself rebuked yall.”