Business

Welcome to the Andy Reid bowl. Today in Super Bowl LVII, the Kansas City Chiefs and the Philadelphia Eagles meet to determine the champion of the 2022 season. And while Reid is, of course, the Chiefs’ head coach these days, he spent 1999-2012 managing the Eagles. That makes for an unusual game, but there’s plenty of other drama to spice…

The dark side of ESG investing has the potential to undermine an entire generation of clean tech strategies. Adam Matthews, chief responsible investment officer at the Church of England Pensions Board, said the risks posed by the mining industry’s boom in renewable energy weren’t getting nearly enough attention. The consequence, according to the 47-year-old, is that portfolios that are supposed…

The return to office debate has been on the airwaves for almost a year – and it has changed. It seems we’ve all landed on hybrid work as a solution to the flexibility that employees demanded and that bosses of personal culture clung to. However, some people still need to be convinced. In a recent episode of McKinsey Global Institute…

Most days, Dominique Fluker starts her morning with matcha. Japan-native powdered green tea has become a staple of the Los Angeles-based journalist’s morning routine after first trying it at a wellness event about a month ago. “I was immediately hooked because I didn’t crash and burn at 2 p.m. like I usually do with coffee,” she says. “I didn’t have…

Facebook parent company Meta last November carried out its biggest layoffs ever, laying off about 11,000 employees. But it seems more jobs will be cut. CEO Mark Zuckerberg noted in a Facebook post on Feb. 1, “We wrapped up last year with some tough layoffs and some team reshuffles. As we did so, I made it clear that this is…

Kevin O’Leary recalls what a disruptive force Amazon was in the early 2000s. Fortunately, he was an early investor in the company. Now he’s seeing similar disruptions in the search business thanks to OpenAI’s artificial intelligence and ChatGPT. “ChatGPT is certainly a threat to Google, and Google needs to know that,” he said shark tank said Star Insider in an…

As Corporate America’s earnings season draws to a close, the lesson is clear: A two-year streak of rising earnings is over. With the bulk of the quarterly reports, earnings per share of companies in the S&P 500 Index fell 2.3% in the last three months of 2022, the first decline since the third quarter of 2020, according to data compiled…

Exxon Mobil Corp.’s ambitious plan to storm the world of energy trading has drawn skepticism from veteran market observers, who say the oil giant could be a formidable opponent — but only if it takes risks it’s not previously prepared to accept was . Exxon’s wide range of physical assets and huge balance sheet even give it an advantage over…

More than just a break between games during the biggest sporting event of the year, Super Bowl advertising offers a glimpse into the country’s zeitgeist and shows how major industries are faring. This year, crypto ads and automakers are advertising less as these industries face troubles. Big food brands like M&Ms, tech companies like Google, streaming services like Peacock, and…

The IRS announced Friday that most of the relief checks issued by states over the past year are not subject to federal taxes, providing guidance for the 11th hour when tax returns begin to flow. A week after payees were asked to delay filing tax returns, the IRS said it would not challenge the tax liability of payments related to…