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The question from Jesper Brodin—CEO of the Ingka Group, IKEA’s parent company—for Germany’s deputy climate envoy was fairly simple: “How can we support you?” Speaking in a discussion at COP28 I moderated in the first days of this year’s climate talks in Dubai, Brodin wanted…
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Walt Disney Co. sued Florida Governor Ron DeSantis, alleging he is retaliating against the company for speaking against his policies and threatening billions of dollars in business.
The company filed the lawsuit Wednesday in federal court in Florida.
“A targeted campaign of government retaliation—orchestrated at every step by Governor DeSantis as punishment for Disney&rs…
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One overlooked aspect of the resignation of Harvard University President Claudine Gay in January is why Harvard’s 400-year-old governing corporation, comprised of titans of industry, academia, and government, appeared so caught off guard by the public’s reaction to Gay’s quickly mounting problems over her congressional testimony and plagiarism charges. Damning reports described flat-foote…
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Facebook content moderators based in Kenya will receive a salary increase of between 30% and 50%, in a move announced two weeks after a TIME investigation drew attention to low pay, poor working conditions and alleged union-busting by Sama, the outsourcing company that is their direct employer.
Amid rising inflation and high interest rates, credit card usage soared between April and June, leaving credit users wondering what they can do to improve their credit scores. With the threat of a recession in the near future prompting people to put aside money and prepare for a rough economic period, those who are still recovering from the pandemic and reliant on credit are particularly vulner…
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As sales of appetite-suppressing drugs such as Ozempic and Mounjaro skyrocket, Corporate America is grappling with the question: How does a less-hungry, less-impulse-prone consumer affect my business model?
Companies from Walmart Inc. to Conagra Brands Inc. are weighing how much to factor the diabetes drugs known as GLP-1s, increasingly being used for weight loss, into t…
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It was a crowded year for companies entering public markets, with 980 businesses going public in 2021—more than double the number that did so in 2020. The most successful of these debuts shine a light on the strengths of the global economy.
Asian businesses remain on the rise, all while combating a rocky regulatory environment. Companies that focus on delivering products to consumer…
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The long history of road warriors adding vacation days before or after a business trip, initially a response to the old airline pricing practice of marking up midweek round trips, is getting a fresh look thanks to the widespread acceptance of remote work.
High inflation that has driven airline fares up by 18% over the past year are also a big driver, according to Suzanne Neufang, CEO of t…
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A truck driver whose body was found by cleaning crews along I-65 in Indiana, allegedly murdered by his co-driver, was working for CRST, an Iowa-based national trucking company with a history of labor complaints, the Indiana State Police have confirmed.
Aristedes Garcia, 63, had been bound for Cedar Rapids, Iowa, the home base of CRST, alongside a co-driver, Miguel Ibarguren. When his fam…
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Crypto markets are in freefall this month—and their struggles have been gravely exacerbated by the demise of a $60 billion project that critics are calling a Ponzi scheme.
The project in question is TerraUSD (UST), a stablecoin pegged to the U.S. dollar that its supporters hoped would upend traditional payment systems across the world. But it was wiped out in the span of days when …
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