Business

Just months after Meta laid off 11,000 employees, there are signs the company may be preparing for another wave of cuts. The parent company of Facebook and Instagram has reportedly rated thousands of employees as “below average” in a recent spate of performance reviews. And that’s fueling fears among workers that the belt could be tightened even further. Those concerns…

The continuing flood of negative headlines from the economy and the environment gives real reason for optimism, at least when it comes to the energy transition. The next few years are crucial to keep global warming at a manageable level. Encouragingly, we expect great progress in the transition to renewable energy in all industries and regions in the next few…

For centuries people have believed that the future is written in the stars. As far back as ancient Egyptian times, farmers looked up to the sky to watch for the rising of Sirius, the Dog Star, in mid-July to see if the Nile was about to be flooded that year. Today, astrology is much less central to most people’s lives,…

I rode the monorail at Walt Disney World about a decade ago — and it was one of the toughest and funniest jobs I’ve ever had. It was also a master class on how to provide exceptional customer service. The top priority for everyone at Walt Disney World was taking the customer experience to the next level. For me, that…

The head of the US Environmental Protection Agency on Thursday got a firsthand look at the toll left in its wake by a freight train derailment in Ohio, where toxic chemicals were spilled or burned and left the stench of fresh paint nearly two weeks later. EPA Administrator Michael Regan, walking along a creek that still reeks of chemicals, tried…

The US Securities and Exchange Commission is suing the company behind TerraUSD, a crypto stablecoin whose collapse last year sparked an industry-wide crisis and a cascade of high-profile bankruptcies. The SEC alleged Thursday in federal court that Terraform Labs, the company behind the token, and its co-founder Do Kwon offered and sold unregistered securities and conducted a fraudulent scheme that…

Google is a “once great company” that has “slowly ceased to function” thanks to its bureaucratic “maze”. Those strong words come from Praveen Seshadri, a former software engineer at Google, who shared his thoughts on the tech giant in a lengthy essay on Medium this week. Seshadri joined Google after acquiring AppSheet, a startup he co-founded, in early 2020. According…

When it rains it pours. As governments around the world grapple with a flood of foreign buyers crowding into their local property markets, many are trying to stem the tide. Singapore, for example, has banned foreigners from buying or acquiring restricted residential properties since 1973. Denmark has required permanent residency or at least five consecutive years of residency since 1994…

As more automakers put their self-driving vehicle models on the road, experts are sounding the alarm that some of these cars may be doing drivers more harm than good. Elon Musk’s Tesla won’t be the only game in town when it comes to self-driving cars for the next few years. The number of cars in the world with autonomous driving…

Sam Bankman-Fried has contacted witnesses, used a VPN and automatically deleted messages on Signal, but prosecutors still don’t want to revoke his bail. Instead, U.S. Assistant Attorney Nicolas Roos argued in a hearing Thursday that SBF’s access to devices and the internet should be severely restricted as he awaits trial on charges including wire fraud and violations of campaign finance…