Amazon CEO Andy Jassy hates bureaucracy so much he’s planning to increase the ratio of employees to managers
In an effort to stymie bureaucracy at Amazon, CEO Andy Jassy in mid-September announced a plan to increase the ratio of individual contributors to managers
Bernard Marcus, a billionaire behind Home Depot, dies at 95
Bernard Marcus, the former pharmacist who became a billionaire by co-founding Home Depot Inc., the world’s largest home-improvement retailer, has died. He was 95. The
Oil price outlook: US pumps more crude as OPEC eyes more supply
Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its
Bitcoin teases all-time high days from Presidential election
Bitcoin has surged over 8% this week, coming within a few dollars of its record high on Tuesday. The original cryptocurrency pushed past $73,000 before
Davos in the desert to draw top Wall Street and tech bosses
Saudi Arabia will host the biggest names in finance and technology this coming week in a test of investor appetite for the kingdom’s ambitions of
Boeing workers reject new deal, company posts $6 billion loss
A bad day for Boeing was supposed to get better Wednesday night. It didn’t as over 32,000 striking factory workers rejected Boeing’s latest contract offer
New Zealand airport puts time limits on hugs
Dropping someone off for a flight at Dunedin Airport in New Zealand? Officials would like for you to be quick about it. The airport has
Werther’s jeans have 30 pockets, which can hold one caramel each
You’ve heard of mom jeans. Now Werther’s Original is introducing a denim line that seems destined to become known as grandma jeans. The candy maker
Google will finance new nuclear reactors for AI power needs
Google is adding nuclear plants to its seemingly ever-growing portfolio. The company has partnered with Kairos Power to back the construction of seven small nuclear
OpenAI may have exceeded the limits of its corporate structure
Nonprofit tax experts have been closely watching OpenAI, the maker of ChatGPT, since last November when its board ousted and rehired CEO Sam Altman. Now, some believe
