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☆ Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan
▼ + stars: | 2024-05-04 | by ( Kenneth Squire | ) www.cnbc.com time to read: +11 min

Toyo Suisan has consistently outperformed Nissin Foods in North America, one of the most profitable and fastest-growing markets in the world. It generally starts with shareholder proposals that by regulation can only address specific issues, such as capital allocation and dividends. Last year, 3% of corporate governance shareholder proposals were passed and 4% of balance sheet-based shareholder proposals were passed. First, it shows the opportunities available to activists in Japan where reasonable shareholder proposals could lead to significant shareholder value creation. Brian Doyle of Nihon Global and his team are a good example of this.

Persons: Toyo Suisan, Toyo Suisan's, Nissin, Nihon, hasn't, Judge Chamberlain Haller, Vinny, Nihon Global's, Brian Doyle, Hiroyuki Otsuka, Carlyle, Ken Squire Organizations: Toyo, Nihon Global Growth Partners Management, Nihon Global, Nihon, Nissin, Foods, Nissin Foods, Tokyo Stock Exchange, U.S, White, Newton Investment Management, 13D Locations: Japan, Toyo, North America, Mexico, U.S, American, United States, Asia

☆ Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
▼ + stars: | 2024-05-01 | by ( Gretchen Morgenson | ) www.cnbc.com time to read: +13 min

Cash App, introduced in 2013, allows users to send and receive money instantaneously among themselves and to buy stocks and Bitcoin. As of December, Cash App had 56 million active transacting accounts and $248 billion in inflows during the previous four quarters, the company said. (Merchants are considered customers at Square, while users are considered customers at Cash App.) Cash App is not a bank, but it uses external banking partners to conduct various services. On March 29, Sutton Bank settled a consent order with the Federal Deposit Insurance Corp. that echoed the whistleblowers' allegations.

Persons: Jack Dorsey, Block, Venezuela —, Edward Siedle, Prosecutors, Cash, OFAC, Lawrence Summers, Sharon Rothstein, Summers, Rothstein, Lord Paul Deighton, Goldman Sachs, Deighton, Dorsey, Banks, Sutton, James Booker Organizations: Twitter, Southern, of, NBC, NBC News, Securities and Exchange Commission, Block, Foreign Assets Control, U.S . Treasury, Cash, OFAC, Goldman, Financial Market, Bank of Lithuania, Payments Lithuania UAB, PayPal, Consumer Finance Protection Bureau, Sutton Bank, Federal Deposit Insurance Corp, FDIC Locations: of New York, Cuba, Iran, Russia, Venezuela, Ohio, Sutton

☆ Japan Airlines first female CEO hopes more women make it to the top
▼ + stars: | 2024-04-24 | by ( Hanako Montgomery | Helen Regan | ) edition.cnn.com time to read: +6 min

Tokyo/Hong Kong CNN —Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline as a flight attendant. Tottori, pictured in 1985 using an in-flight phone, began her career as a cabin attendant at Japan Airlines. Japan Airlines' A350 airplane is on fire at Haneda international airport in Tokyo, Japan January 2, 2024. They really followed the instructions of the flight crew calmly, which I think was a big factor.

Persons: Mitsuko Tottori, ”, “, Tottori, Issei Kato, Shukor Yusof, Seijiro Takeshita, ’, ” Takeshita, — CNN’s Junko Ogura, Mayumi Maruyama, Juliana Liu Organizations: Hong Kong CNN, Japan Airlines, JAL, “, CNN, University of Tokyo, Women’s Junior College, Boeing, Airbus, Haneda, Endau, ”, Japan Inc, University of Shizuoka, ANA, All Nippon Airways Locations: Tokyo, Hong Kong, Japan, Tottori, “ Japan, Nagasaki, Haneda, Osaka, Asia, Myanmar, Fiji

☆ Boeing faces scrutiny in Senate hearings over aircraft safety and quality
▼ + stars: | 2024-04-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Boeing 's safety and quality were under fire again in two Senate hearings on Wednesday as the manufacturer faces mounting scrutiny after a midair door blowout and near catastrophe on one of its planes in January. A Boeing engineer-turned-whistleblower testified before a Senate panel, reiterating his allegations that the planemaker cut corners to move wide-body planes through the production line, despite flaws. "I believe that Boeing can do better and that the public's trust in Boeing can be restored," he said in prepared remarks to the Senate Homeland Security committee ahead of the hearing "Examining Boeing's Broken Safety Culture: Firsthand Accounts." New plane deliveries from Boeing have slowed as the Federal Aviation Administration ramps up its scrutiny on the company's production lines. A separate hearing, before the Senate Commerce Committee on Wednesday, addressed Boeing's safety culture after a report issued earlier this year from an expert panel ordered by Congress found a "disconnect" between Boeing's senior management and other members of the organization on safety culture.

Persons: Richard Blumenthal, Sam Salehpour, shim, Scott Kirby, CNBC's, Dave Calhoun Organizations: Boeing, Senate Homeland Security, Governmental, Investigations, Senate Homeland, United Airlines, Max, Alaska Airlines, Federal Aviation Administration, Senate, Congress Locations: Washington ,

☆ From Nvidia to Boeing: Portfolio manager reveals the stocks she's loving right now
▼ + stars: | 2024-04-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Portfolio manager Barbara Doran has revealed a number of her favorite stocks, reiterating a bullish outlook on the stock market more broadly. Shares in Boeing have also taken a hit, sliding around 13% over the last 12 months and falling 28% year-to-date. Nvidia A more popular name on Doran's list of stocks to watch is U.S. chipmaker Nvidia . FactSet data shows that 53 analysts have a buy or overweight rating on Nvidia, while 7 give it a hold rating. FactSet data shows that, of the 33 analysts covering the stock, 13 give it a buy or overweight rating.

Persons: Barbara Doran, CNBC's, we've, Doran's, Max, I'd, Doran Organizations: BD8 Capital Partners, Boeing, Alaska Airlines, Federal Aviation Administration, Nvidia, CNBC Locations: North America, China

☆ I'm a digital nomad in Big Tech who got promoted to senior management in 2 years. Traveling constantly hasn't held me back.
▼ + stars: | 2024-04-04 | by ( Cornelia Holzbauer | ) www.businessinsider.com time to read: +6 min

Read previewThis as-told-to essay is based on a transcribed conversation with Andre Maxwell, a digital nomad who works at cloud security company Okta. I had already been a digital nomad for almost a year, working as a cybersecurity engineer at a smaller tech company. I start working at 5 p.m. local time from Dubai or 10 p.m. from Japan. Discovering new restaurants and cafés in a coastal city, near the water with the sun shining on me — it makes the sacrifices of the digital nomad life all worth it. If your role mainly depends on you and your ability to perform, then I think it's much easier to go the digital nomad route.

Persons: —, Andre Maxwell, I've Organizations: Service, Okta, Business, Time Locations: Tulum, Mexico, Okta, Dallas, That's, Thailand, Japan, Finland, Austria, Dubai, California, Barcelona

Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.

Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, —, Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL

☆ Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold
▼ + stars: | 2024-03-30 | by ( Kenneth Squire | ) www.cnbc.com time to read: +10 min

Tribeca has been a shareholder of Glencore for seven years and has been engaging with management for a year. The company has excellent core asset quality in copper, zinc and coal, as well as a world-leading commodity trading business. Notably, Bluebell Capital Partners agitated for a demerger of Glencore's thermal coal business in 2021. However, in 2023, after acquiring a 77% interest in Teck's steelmaking coal business, Glencore stated its intention to demerge its combined coal and carbon steel businesses. The same can be said for the divestment of the trading business.

Persons: Glencore, David Aylward, Gary Nagle, astutely, Berkshire Hathaway, Ivan Glasenberg, Ken Squire Organizations: Glencore, Tribeca Investment Partners, Tribeca, Financial Times, Australian Securities Exchange, London Stock Exchange, BHP, Rio Tinto, Bluebell Capital Partners, LSE, Rio, NYSE, 13D Locations: Switzerland, Australia, Africa, South America, Sydney, Melbourne, Singapore, London, Tribeca, Glencore, Swiss, Rio, Europe, cyclicality, Berkshire

☆ Boeing needs to be led by engineers, time is not on its side, Emirates Airline president says
▼ + stars: | 2024-03-27 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Boeing needs to be led by engineers if it wants to pull itself out of its current crisis, Tim Clark, the president of Emirates Airline, said in comments Wednesday. "To fix Boeing's issues the company needs a strong engineering lead as its head coupled to a governance model which prioritizes safety and quality," said Clark, who leads Dubai's flag carrier Emirates. Aviation analysts and former Boeing employees have criticized the company's reported sidelining of engineers in its senior management ranks. Boeing CEO Dave Calhoun will also step down at the end of 2024. "Whether, yet again, this changing of the guard will resolve Boeing's issues only time will tell, but time, unfortunately, is not on their side," Clark said.

Persons: Tim Clark, Max, Clark, Stan Deal, shakeup, Stephanie Pope, Dave Calhoun Organizations: Boeing, Emirates Airline, Alaska Airlines, Federal Aviation Administration, Justice Department, FAA, Max, Emirates, Machinists, Aviation, CNBC

☆ Dell workers can stay remote — but they're not going to get promoted
▼ + stars: | 2024-03-16 | by ( Polly Thompson | ) www.businessinsider.com time to read: +9 min

AdvertisementUnder the new policy, staff were told that from May almost all will be classified as either "hybrid," or "remote." Dell told BI in a statement that "in-person connections paired with a flexible approach are critical to drive innovation and value differentiation." The Dell worker lives about a 45-minute drive from the nearest office and works 10-hour shifts four days a week. AdvertisementAnother Dell worker told BI: "I would support that if I actually had team members that were local and would actually go on-site. Period," the senior Dell worker agreed.

Persons: —, Dell, Dell who's, Michael Dell's, CRN, Michael Dell, Cary Cooper, Cooper, There's, Brandon Bell, there's Organizations: Service, Dell, BI, Dell . Dell Technologies, Dell Technologies, National Forum for Health, Getty, Employees, Workers, SEC Locations: Round Rock, United States, Dell, Germany

☆ Sam Altman rejoins OpenAI board of directors as investigation into his ouster comes to a close
▼ + stars: | 2024-03-08 | by ( Hayden Field | ) www.cnbc.com time to read: +7 min

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. OpenAI on Friday announced its new board and the wrap-up of an internal investigation by U.S. law firm WilmerHale into the events leading up to OpenAI CEO Sam Altman's ouster. Sam Altman will also rejoin OpenAI's board. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of OpenAI's board, said in a release. Since then, OpenAI has announced new board members, including former Salesforce co-CEO Bret Taylor and former Treasury Secretary Larry Summers.

Persons: Sam Altman, OpenAI, WilmerHale, Sam Altman's, OpenAI's, Sue Desmond, Hellmann, Melinda Gates, Nicole Seligman, Fidji Simo, Adam D'Angelo, Larry Summers, Bret Taylor, Greg, Sam, Taylor, Altman, Bret, Larry, Mira Murati, Mira, Helen Toner, Tasha McCauley, Ilya Sutskever, Ilya, Elon Musk, Greg Brockman, Musk, –, Toner, McCauley, Altman's Organizations: Economic, Friday, Melinda Gates Foundation, Pfizer, Advisors, Science, Technology, Global, Sony, Sony Entertainment, Paramount Global, Meira, Inc, Shopify, OpenAI, Microsoft, Fortune, Lawyers, CNBC, SpaceX, Nvidia Locations: Davos, Switzerland, President's, OpenAI's San Francisco, U.S, Saudi Aramco

☆ Microsoft engineer warns company's AI tool creates violent, sexual images, ignores copyrights
▼ + stars: | 2024-03-06 | by ( Hayden Field | ) www.cnbc.com time to read: +11 min

Jones was noodling with Copilot Designer, the AI image generator that Microsoft debuted in March 2023, powered by OpenAI's technology. "It was an eye-opening moment," Jones, who continues to test the image generator, told CNBC in an interview. watch nowMicrosoft's legal department told Jones to remove his post immediately, he said, and he complied. Jones said the risk "has been known by Microsoft and OpenAI prior to the public release of the AI model last October." "I am certainly convinced that this is not just a copyright character guardrail that's failing, but there's a more substantial guardrail that's failing," Jones told CNBC.

Persons: Jakub Porzycki, Shane Jones, Jones, OpenAI's DALL, Lina Khan, Khan, deepfakes, he's, Satya Nadella, Sam Altman, Justin Sullivan, Darth Vader, Elsa, Mickey Mouse, guardrail that's Organizations: Microsoft, Nurphoto, Copilot, CNBC, Commerce, Science, Transportation, Federal Trade, Google, Getty, pitchfork, Disney, Wars, Palestinian, Israel Defense Forces Locations: Krakow, Poland, Redmond , Washington, San Francisco, hoodies, Gaza

☆ FAA gives Boeing 90 days to come up with quality control plan after 737 Max accident
▼ + stars: | 2024-02-28 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. The door plug was removed and reinstalled at Boeing's Renton, Washington 737 Max factory. The FAA is in the middle of an audit of Boeing's 737 production lines. The agency last month said it would halt Boeing's planned ramp-up of 737 Max planes until the regulator is satisfied with quality control on the company's production lines. The report was required by Congress following two crashes in 2018 and 2019 of Boeing 737 Max planes, which killed everyone on board the flights.

Persons: Bolts, Mike Whitaker, Dave Calhoun, Max Organizations: Boeing, Max, Boeing Factory, Federal Aviation Administration, Alaska Airlines, FAA Locations: Renton , Washington, Renton, Washington

☆ Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle
▼ + stars: | 2024-02-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Boeing's board denied a possible vote on bringing its headquarters back to Seattle. It's currently based in Virginia, but the 737 Max factory is in Renton, Washington. AdvertisementBoeing's board of directors blocked a shareholder's proposal to bring its headquarters back to Seattle, The Seattle Times reported. The manufacturer has faced increased scrutiny since a 737 Max 9 operated by Alaska Airlines lost a door plug in midair. The newspaper reported he bought the shares after the first 737 Max 8 crash.

Persons: Boeing's, It's, Max, —, Walter Ryan —, Ryan, Tim Matsui, John Demers Organizations: Boeing, Service, The Seattle Times, Alaska Airlines, Federal Aviation Administration, Max, Seattle Times, Securities and Exchange Commission, SEC, Business Locations: Seattle, Virginia, Renton , Washington, Chicago

☆ Boeing’s Safety Culture Faulted by F.A.A. in New Report
▼ + stars: | 2024-02-26 | by ( Niraj Chokshi | More About Niraj Chokshi | ) www.nytimes.com time to read: 1 min

A Federal Aviation Administration report released on Monday found flaws in Boeing’s safety culture while noting that the airplane manufacturer had made some improvements since two fatal crashes involving the 737 Max 8 jet in 2018 and 2019. The report, written by a group of experts convened a year ago at Congress’ behest, found that there was a “disconnect” between senior management and other employees at Boeing. The company, the panel found, has at times been “inadequate and confusing,” in the way it carried out its safety culture. said that it would “immediately begin a thorough review of the report” and take action on its recommendations as appropriate. “We will continue to hold Boeing to the highest standard of safety and will work to ensure the company comprehensively addresses these recommendations,” the agency said.

Persons: “ Organizations: Federal Aviation Administration, Boeing

☆ Aviation safety panel finds Boeing culture included safety ‘gaps,’ fear of retaliation
▼ + stars: | 2024-02-26 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com time to read: +3 min

CNN —The Federal Aviation Administration issued a report Monday sharply critical of the safety culture at Boeing, following two fatal crashes and several years of safety and quality issues at the troubled aircraft maker. Its work included conducting more than 250 interviews and reviewing more than 4,000 pages of documents, and focused on both safety culture and the FAA program that delegates some aircraft certification work to Boeing employees. The panel was not charged with reporting on any specific incident involving Boeing aircraft. “However on several occasions during the expert panel’s activities, serious quality issues with Boeing products became public. In particular, it found Boeing repeatedly revised its Safety Management System – or SMS – manual, which is suppose to guide employees on procedures they should follow to insure planes are safe.

Persons: Boeing’s repreated, ”, Dave Calhoun, “ Organizations: CNN, Federal Aviation Administration, Boeing, FAA

☆ Alibaba bets on overseas e-commerce unit amid sluggish growth in China
▼ + stars: | 2024-02-20 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

Costfoto | Nurphoto | Getty ImagesChinese tech giant Alibaba Group is betting on its overseas businesses while domestic consumption growth remains sluggish. James Dong, CEO of Southeast Asian e-commerce giant Lazada Group, was named as Daraz's acting CEO. Dong took over as Lazada Group CEO from Chun Li in June 2022, after running the company's Thailand and Vietnam operations. Intense competitionThe e-commerce business that once propelled Alibaba to success has run into challenges with upstart competitors such as PDD, while consumption growth in China remains sluggish. Alibaba posted 9% year-on-year revenue growth in the third quarter to about $31 billion.

Persons: Eddie Wu, Yinglan Tan, AliExpress, Bjarke Mikkelsen, Jan, James Dong, Lazada, Tan, Alibaba, Zhang, Dong, Chun Li, Li, Pierre, Lucy Peng, PDD Organizations: Nurphoto, Getty, Digital Commerce, Tmall, Tmall Group, Alibaba, Ventures, Lazada, CNBC, Ventures Partners, Alibaba Group, PDD Holdings, Hong Kong, HK Locations: Huangpu District, Shanghai, Taobao, monetization, Alibaba, Pakistan, Asia, China, Thailand, Vietnam, Hong Kong

☆ DBS slashes CEO's variable pay by 30% after multiple digital disruptions
▼ + stars: | 2024-02-07 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

DBS Group Holdings suffered an outage in its digital services on March 29, 2023. SINGAPORE — DBS Group reported record earnings for the full year in 2023, but cut the variable compensation for its senior management to "hold them accountable" for a number of digital disruptions that year. For the full year, net profit jumped 26% to a record SG$10.3 billion compared to SG$8.19 billion in 2022. Data from LSEG showed analysts expected a net profit of SG$2.37 billion in that quarter. In March 2023, DBS' digital services were disrupted for about 10 hours, and during that time, users were not able to access online banking services or make trades via its brokerage.

Persons: Piyush Gupta Organizations: DBS Group Holdings, SINGAPORE — DBS, LSEG, DBS, Monetary Authority of Locations: SINGAPORE, Asia's, Singapore, Monetary Authority of Singapore

☆ Russia’s frozen assets are generating billions. The EU is getting ready to send them to Ukraine
▼ + stars: | 2024-02-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Russian assets frozen in European accounts are generating billions of dollars in interest payments that could be diverted to help repair Ukraine’s war-torn economy — and the European Union just took a step closer to doing that. After Russia’s full-scale invasion of Ukraine in February 2022, Western countries froze nearly half of Moscow’s foreign reserves — some €300 billion ($327 billion). Around €200 billion ($218 billion) sits in the European Union — mostly at Euroclear, a financial institution that keeps assets safe for banks, exchanges and investors. The EU has been at pains to contrast the illegality of Russia’s invasion with its own strict adherence to the rule of law. Lawyers are working on the text of the agreement before returning it to EU member states for final approval.

Persons: Euroclear, —, ” — James Frater Organizations: London CNN, European Union, EU, immobilised Central Bank of Russia, ”, Group, World Bank, European, European Central Bank, CNN Locations: Ukraine, ” Belgium, Euroclear, Russia, EU

☆ Return-to-office mandates aren't making companies more valuable and productive, study finds
▼ + stars: | 2024-01-30 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

That's according to a new paper that looks at how RTO mandates impact productivity and performance. If RTO mandates are hard to enforce, they probably don't make sense for that workplace. RTO mandates were more common for firms with "male and powerful CEOs." The authors found no significant impact of RTO mandates on stock returns or firm profitability. RTO mandates have divided many offices nationwide, including at leading tech and financial companies.

Persons: —, Nick Bloom, RTO, Bloom, Danielle Organizations: Service, Katz Graduate School of Business, University of Pittsburgh, Amazon, Federal Reserve Bank of San Francisco, Stanford, The Conference Board Locations: Glassdoor

☆ JPMorgan just shuffled its management. Here's what the new line-up says about Jamie Dimon's succession plans.
▼ + stars: | 2024-01-26 | by ( Michelle Abrego | ) www.businessinsider.com time to read: +5 min

Lake, who co-led the consumer and community bank with Piepszak since 2021, will now have sole oversight of that segment. Piepszak and Rohrbaugh will take on day-to-day control of the corporate and investment bank, which Daniel Pinto has led since 2014. Jennifer Piepszak, a JPMorgan lifer, will leave the consumer side of the organization for her new role atop the commercial and investment bank. BIIIn her new role, Piepszak will have a chance to gain more experience on the wholesale side of the business. She joined the bank following her college graduation and spent 17 years in various finance roles across the investment bank.

Persons: Jamie Dimon, Jennifer Piepszak, Marianne Lake —, Dimon, Troy Rohrbaugh, Rohrbaugh, Daniel Pinto, Pinto, Dimon's, JPMorgan Pinto, Gordon Smith, Lake, Piepszak, JPMorgan.com Mary Callahan Erdoes, Erdoes, Morgan Stanley, James Gorman, Mike Mayo Organizations: JPMorgan Chase, Business, JPMorgan, Wall, First Locations: Piepszak, BII, Euromoney, Wells Fargo

☆ A strong exit interview could help transform a company's culture and bottom line. Here are the 5 best and worst questions to ask.
▼ + stars: | 2024-01-25 | by ( Mariette Williams | ) www.businessinsider.com time to read: +8 min

Exit interviews are a valuable tool for companies that want to make their workplaces better. Exit interviews are an effective tool for companies looking to make their workplaces better. "Exit interviews are seen as uncomfortable, time-consuming, and just plain inconvenient," Peter James, an executive leadership coach, told Business Insider. "Exit questions need not be complex but should ideally address what we know, what we think we know, and what we should know," James said. "By the time an employee has made it to the exit interview, they've already submitted their resignation letter or email.

Persons: —, Peter James, Chris Bellezza, James, Burgette White, White, Burgette, Desmond Attmore, Brian Wright, it's, I've, Devika Brij, Brij, Attmore, they've, They've Organizations: Service, Adecco, Employees, Staff Locations: America

☆ I worked nights, weekends, and holidays after being put on a performance plan. I saved my job, but it wasn't worth it.
▼ + stars: | 2024-01-22 | by ( Nina Mccollum | ) www.businessinsider.com time to read: +5 min

When I got a new department head at work, I was forced onto a performance plan. Even though I was already doing a great job, I worked extra hard on nights and weekends. Then we got a new department head; we did not get along. I arrived super early to every meeting, "cheerfully" offered ideas, and stepped up whenever the new department head asked who wanted a task. Two months in, the department head pleasantly remarked how hard I'd been grinding.

Persons: —, I've Organizations: Service

☆ I worked nights, weekends, and holidays after being put on a performance improvement plan. I saved my job, but it wasn't worth it.
▼ + stars: | 2024-01-22 | by ( Nina Mccollum | ) www.businessinsider.com time to read: +5 min

Then we got a new department head; we did not get along. AdvertisementA few days later, my direct manager said I was being put on a performance-improvement plan due to shoddy work. I arrived super early to every meeting, "cheerfully" offered ideas, and stepped up whenever the new department head asked who wanted a task. I worked nights, weekends, and holidays at the expense of my family. Two months in, the department head pleasantly remarked how hard I'd been grinding.

Persons: —, I've Organizations: Service, Business

☆ Japan Airlines names former cabin attendant as first female president
▼ + stars: | 2024-01-18 | by ( ) edition.cnn.com time to read: +2 min

Tokyo — Japan Airlines has named its first female president, a former cabin attendant who rose through the ranks to senior management, taking a deeply symbolic step in a country struggling to close a vast gender gap at work. “There are female employees out there who are struggling with their career steps or going through big life events,” Tottori told a news conference. Airline safety is under a fresh spotlight after a collision between a JAL plane and a Japanese Coast Guard aircraft at Tokyo’s Haneda airport this month. JAL has said Tottori acquired a “high level of insight and field experience” in safety operations and service. The current president, Yuji Akasaka, will become chairperson while continuing to hold a representative director title, the airline said in its statement.

Persons: Mitsuko Tottori, Yuji Akasaka, Yoshiharu Ueki Organizations: Japan Airlines, JAL, OECD, Airline, Japanese Coast Guard Locations: Tokyo, Tottori, Japan, Haneda

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