.In an interview for Time’s The Leadership Brief published Sunday, Airbnb CEO Brian Chesky called working in an office “an anachronistic form” that’s “from a pre-digital age.” His remarks are backed by his own corporation. Airbnb announced earlier this week that its employees can work remotely forever without any pay penalties, something other companies have imposed. Chesky said Airbnb had its […]

New York (CNN Business)Joe Coulombe, founder of the popular Trader Joe’s grocery chain that brought affordable wine and unusual food to millions of Americans, has died. He was 89. In a statement, the company said Coulombe passed away Friday in Pasadena, California. “Joe was an extraordinarily smart and accomplished entrepreneur who built a company that introduced something welcomingly different in […]

The number of American workers working from home – particularly those in white collar jobs – skyrocketed during the pandemic. The shift has proved to be a positive development in some ways. A recent Gallup study found that over 90% of remote workers hope that the trend continues after the pandemic, citing the lack of commute time as the chief […]

FILE PHOTO: A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016. REUTERS/Kim Kyung-HoonWASHINGTON (Reuters) – Congressional negotiators will meet Thursday to open formal talks to hammer out a compromise measure that would fund $52 billion in semiconductor manufacturing […]

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. (CNN)There are plenty of reasons for that feeling of economic doom that’s going around: Worst start for the stock market in 80-plus years. Highest inflation in 40-plus years. Largest single interest rate hike in 20-plus years. Dimmest public […]

U.S.-based cryptocurrency exchange Coinbase has rolled out Coinbase Know Your Transaction (KYT) to enable customers to safely and appropriately participate in the crypto economy. This new product is part of Coinbase Intelligence, which is growing suite of products dedicated to crypto compliance and to help secure the crypto economy from bad actors. Coinbase is also updating its existing product, Coinbase […]

Putin ‘marching towards Russia’s economic collapse’ says expert We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Although headquartered in London, Evraz has extensive mining and steelmaking operations across […]

Shares of AstraZeneca PLC were losing more than 1 percent in London trading and around 2 percent in pre-market activity on Nasdaq after the British drug major reported Friday sharply lower profit in its first quarter, despite increased revenues. Further, the company reiterated fiscal 2022 guidance at constant exchange rates. Core earnings per share is expected to increase by a […]

European stock markets are expected to trade cautiously on Friday as a slew of data releases across the bloc update investors on the economic growth, price patterns and economic activity. Sentiment would however remain strong amidst the recent positive earnings updates, keeping the markets in high spirits on the last trading day of the month. Flash GDP data released before […]