Business

Starbucks chief executive Howard Schultz says Starbucks will immediately suspend stock buybacks – during a time when the company is facing a growing unionization of its U.S. workforce.

Tesla’s Elon Musk has become one of the largest shareholders of Twitter by purchasing a 9.2% stake in the company, more than four times that of Twitter founder Jack Dorsey.

It’s no secret that Goldman Sachs has been hesitant to embrace any type of flexibility or remote work. Last year, CEO David Solomon called remote work an “aberration.”

According to people that were briefed on the discussion, this comes as the conglomerate looks to raise cash while tech stocks fall and the value of its holdings take a...

According to Amazon employee David Williams, he and other staff members had to use their personal phones, electricity, and internet in order to work remotely.

A report from Inequality.org shows that if the minimum wage had grown at the same pace as traders’ salaries, it would currently be set at $61.75 an hour.

Citigroup recently announced that it would be dialing back much of its business in Russia, while Goldman Sachs, JPMorgan Chase, and Deutsche Bank are looking to exit. 

Fifty-four percent of mid-management workers said senior leadership is out of touch with employees, but 74% do not have the influence to enact change for their employees.

Insufficient workplace innovation, oversight, and shifts in culture were the obstacles that kept companies from achieving a successful hybrid work model.

Austin, Dallas, and Houston have seen the highest number of office returnees, which provides insight into what this shift could look like for the rest of the country.