News and Insight for Decision-Makers
Editor's Pick
Would You Work 996'? The Hustle Culture Trend Is Taking Hold in Silicon Valley.
 The number combination refers to a work schedule — 9 a.m. to 9 p.m., six days a week — that has its origins in China’s hard-charging tech scene. Editor's Note: The hustle culture, Dr. O\'Mara noted, may be out of reach for those with caregiving or other outside responsibilities - and it risks re-entrenching the dynamics of an already homogeneous industry.
Continued here |
Your 5-minute edge at work. Expense Premium.
WorkWorkBoeing has started working on a 737 MAX replacement - WSJ Boeing is planning a new single-aisle airplane that would succeed the 737 MAX, according to people familiar with the matter, a long-term bid to recover business lost to rival Airbus during its series of safety and quality problems.Earlier this year, Chief Executive Kelly Ortberg met with officials from Rolls-Royce Holdings in the U.K., two of the people said, where they discussed a new engine for the aircraft. Ortberg appointed a new senior product chief in Boeing's commercial plane business, whose prior role was developing a new type of aircraft. WorkWorkWorkThe $400 Million Restaurant Man Stephen Starr has become one of America’s most successful restaurateurs, making and replicating dining magic at places like Pastis and Osteria Mozza. WorkThis Is the Severance Package Starbucks Offered to Laid-Off Staff - Business Insider Starbucks presented its laid-off baristas with a severance package less than a week after it announced sweeping layoffs and store closures.On Thursday, the Seattle-based coffee giant said it would close about 1% of its stores across North America, which amounts to more than 100 locations. Its flagship Capitol Hill Roastery in Seattle was one of the outlets that will shutter. WorkWorkWorkWorkWhy Microsoft has lower borrowing costs than the US - WSJ Usually, when investors are willing to lend to companies at a lower yield than the government, it's because the country faces financial armageddon and the government default risk is rising. Two pristine-rated bonds from Microsoft that trade at lower yields than equivalent Treasurys tell us something different, though: Demand for corporate bonds is running superhot. WorkWorkWorkWhy General Motors boss Mary Barra is slamming the brakes on lofty EV ambitions - WSJ Not long ago, Chief Executive Mary Barra declared that General Motors was a decade away from quitting gas-powered cars, setting the course for a new mission, one that would safeguard the planet for generations."We have an opportunity and frankly a responsibility to create a better future," Barra said in a 2022 speech. She promised to launch 30 electric-vehicle models globally within a few years and, soon after, convert more than half of GM's North American plants to EV production. WorkWorkWorkWorkWorkWorkWorkWorkMoldova defies Russia by re-electing its pro-European government - The Economist KREMLIN spent tens of millions of dollars trying to subvert the elections held on September 28th in Moldova, a republic of 2.4m people squeezed between Ukraine and Romania. Russia-friendly opposition parties promised cheap Russian gas; they stoked fears that NATO would drag the small, poor country into a war with the country that long ruled it, or that the European Union would force it to recognise same-sex marriages. But in the end, the fear of being subjugated to Russia and of losing European support won Moldova's ruling Party of Action and Solidarity (PAS), led by president Maia Sandu, a slim majority in parliament. WorkPop Mart Exec Wants Labubu to Have Mickey Mouse's Staying Power - Business Insider Pop Mart has Disney-sized ambitions for Labubu, and one of its top executives has outlined a road map to ensure that the furry dolls don't become a one-hit wonder.The Chinese toy giant is trying to keep its viral Labubu doll and other intellectual property characters relevant in the long term, much like Disney had managed to do with Mickey Mouse. WorkAmazon Seeks More Grassroots AI Adoption, Relying Less on Salespeople - Business Insider Amazon Web Services wants its AI applications to gain more traction organically, without leaning heavily on sales teams.Rivals such as Cursor and Windsurf have seen better grassroots adoption than AWS's coding assistant Q Developer, while larger enterprise customers tend to favor Microsoft's GitHub Copilot, according to an internal Amazon document obtained by Business Insider. WorkThe conservative hardliner who could become Japan's first female PM - FT Sanae Takaichi hopes within days to achieve what her heroine Margaret Thatcher did and become the first woman to hold her country's highest political office.The arch conservative former TV anchor told a group of schoolchildren at the weekend that she has harboured dreams of becoming Japan's prime minister since she was 24 years old -- an era when Thatcher dominated UK politics. WorkInvestors are fretting that the stock-market rally is on borrowed time - WSJ October is traditionally a tough month for stocks.Investors have a lot to feel happy about these days. That has some on Wall Street worried the 2025 rally could be on borrowed time.Stocks are at records. Interest rates are coming down. Earnings growth remains robust. Tax cuts are poised to bolster corporate coffers. And analysts are racing to raise their year-end targets for the S&P 500. WorkWorkWorkWorkWorkWorkWorkHSBC chair's exit leaves Europe's biggest bank with a leadership vacuum - FT Mark Tucker will step down as HSBC chair on Tuesday after eight years at the helm, leaving Europe's largest lender without a permanent successor to fill what has become a hugely influential role.The end of Tucker's tenure has been marred by uncertainty for the UK's largest listed company, which appears to have bungled the recruitment process for one of the most high-stakes roles in banking. WorkTaliban release American amid talks with US on ties - WSJ Afghanistan's ruling Taliban released a U.S. citizen from custody, a display of goodwill by Kabul that comes when the country is in broader economic and political talks with the Trump administration.On Sunday, the Taliban released Amir Amiri, making him the fifth American to be released from Afghanistan this year. The talks, which were led by U.S. envoy for hostage affairs, Adam Boehler, were mediated by Qatar. Qatar enjoys a close security relationship with Washington and has been integral to the release of detained Americans. WorkUkraine's intelligence destroyed Tu-22M3 deep inside Russian rear | RBC-Ukraine During the full-scale war, the Defense Intelligence of the Ministry of Defense of Ukraine (HUR) carried out a unique operation -- they managed to destroy a Tu-22M3 deep inside the Russian rear. Details of this and other daring operations, the specifics of planning and carrying out tasks -- in an interview with the commander of one of the sabotage groups, Van Torn. WorkWorkWorkWorkUS to See $350 Billion Nuclear Boom to Power AI, Report Says - Bloomberg Soaring demand for electricity will drive a $350 billion nuclear spending boom in the US, boosting output from reactors by 63% by 2050, according to Bloomberg Intelligence.The key driver is power-hungry data centers running artificial intelligence systems, and that investment will add 53 gigawatts of reactor capacity, bringing the total nuclear fleet to 159 gigawatts, the research company said in a report Monday. WorkWorkThe Quiet Demise of Breakthrough Starshot, a Billionaire's Interstellar Plan - Scientific American 2016 billionaire Yuri Milner hosted a press conference at One World Observatory, the atrium topping the slick skyscraper at the center of the rebuilt World Trade Center complex. Milner had grown rich investing in tech start-ups, and now he wanted to spend some of that money on sending a spaceship to the stars.He called the plan Breakthrough Starshot: a project that would eventually take human technology to another solar system. The idea was that high-powered lasers would propel tiny probes to 20 percent of the speed of light, impelling them with enough inertia to launch them toward the nearest star system, Alpha Centauri, within 20 years. WorkWorkWorkWorkDebt is fueling the next wave of the AI boom - WSJ In the initial years of the AI boom, comparisons to the dot-com bubble didn't make much sense. Three years in, growing levels of debt are making them ring a little truer.Early on, wealthy tech companies were opening their wallets to out-joust each other for leadership in artificial intelligence. They were spending cash generated largely from advertising and cloud-computing businesses. There was no debt-fueled splurge on computing and networking infrastructure like the one that inflated the bubble 2 1/2 decades ago. WorkThis windowless plane is vying to be the private jet of the future - WSJ Otto Aerospace's new business jet has no traditional passenger windows and a tear-drop-shaped cabin. Private-jet company Flexjet wants hundreds of them.The companies said Monday that Flexjet signed a contract to buy 300 of Otto's Phantom 3500 aircraft. Flexjet's order would be worth approximately $5.85 billion based on market pricing for each jet, though the companies declined to comment on the negotiated value of their deal.Flexjet will be Otto's first fleet customer. The aircraft is in development, with its first flight targeted for 2027. WorkWorkWorkWorkHow CRISPR gene editing could help treat Alzheimer's - Nature Last month saw the first-ever approval of a gene therapy that uses the CRISPR-Cas9 gene-editing tool, a treatment for the blood conditions sickle-cell disease and ?-thalassaemia that works by precisely cutting out a faulty gene in people's stem cells.Now, researchers in search of new treatments for Alzheimer's disease are hoping to deploy similar strategies against forms of the disease that are caused by genetic mutations. WorkCompass-Anywhere real estate merger could squeeze small brokeragesA proposed $1.6 billion merger would unite the nation's two largest real estate behemoths, Compass and Anywhere, combining Compass's regional brokerages with Anywhere's nationally recognized brands, including Century 21 and Coldwell Banker. However, some industry observers caution that the consolidation may increase pressure on mom-and-pop brokerages. |
TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribeYou are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is 3110 Thomas Ave, Dallas, TX 75204, USA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
