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☆ A chaotic Taco Bell holiday party included public sex, lots of booze, and vomit in the guacamole, lawsuit alleges
▼ + stars: | 2023-11-21 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +4 min

A new lawsuit alleges that a Taco Bell holiday party last year went off the rails. The lawsuit alleges the party devolved into employees getting drunk and having sex in public. AdvertisementA new lawsuit alleges that a Taco Bell holiday party last year went off the rails and devolved into employees getting drunk, having public sex, and vomiting in a guacamole bowl. The lawsuit alleges that she reported the incident and was retaliated against by people associated with the defendants of the case. The lawsuit alleges that Does 1-50 are people who were "negligently, intentionally, or otherwise legally responsible in some manner for the events and happenings."

Persons: —, Taco Bell, Taco Organizations: Taco Bell, Service, Alvarado Restaurant Group, Taco Bell's, Alvarado Locations: Taco, San Pedro , California

☆ More than half of tech workers think AI is overrated, study finds
▼ + stars: | 2023-11-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

More than half of tech workers say that AI is overrated, a 2023 Retool report found. More than half of the tech workers surveyed — 51.6% of respondents — say that AI is overrated, the researchers found. Respondents who find AI to be overrated, Hsu said, don't feel like they can totally rely on AI at its current state. AdvertisementEven though some tech workers are skeptical of AI, only 14.4% of those who deemed AI to be fully overrated said their employers were over-investing in the technology. Retool's findings on AI come as workers across tech use AI tools like ChatGPT to write code, analyze data, and troubleshoot bugs.

Persons: —, David Hsu, Retool, haven't, Hsu, Charlie Munger, It's Organizations: Service, Workers Locations: American

☆ Spain’s Pedro Sanchez secures new term, ending four-month deadlock
▼ + stars: | 2023-11-16 | by ( ) edition.cnn.com time to read: +4 min

Reuters —Spain’s parliament voted to make Pedro Sanchez prime minister for another term on Thursday, ending a protracted deadlock after an inconclusive general election in July. Sanchez had 179 votes in favor and 171 against, with no abstentions. It also represents a remarkable turnaround for Sanchez, who six months ago felt compelled to call a snap election after his party performed poorly in regional elections. Pedro Sanchez (L) is congratulated by Partido Popular leader Alberto Nunez Feijoo after winning a parliamentary vote to elect Spain's next premier, at the Congress of Deputies in Madrid on November 16. Feijoo described Sanchez as being “subject to a monthly contract with separatists” to be able to govern.

Persons: Reuters —, Pedro Sanchez, Sanchez, Alberto Nunez Feijoo, Olaf Scholz, ” Scholz, “, Ursula von der Leyen, Volodymyr Zelensky, Rodrigo Jimenez, Javier, Vox, Santiago Abascal, Feijoo, Esteban Gonzalez Pons, ” Sanchez, Spain's, Javier Soriano, ”, Miriam Nogueras, Nadia Calvino Organizations: Reuters, Spanish Socialist Workers ’ Party, PSOE, People’s Party, EU, Ukrainian, Spanish Socialist Worker's Party, Deputies, European People’s Party, EPP, Partido Popular, Socialists, European Investment Bank Locations: Spain, Catalonia, Spanish, Madrid, Socialist

☆ An FDIC supervisor reportedly invited staff to a strip club and senior bank examiners texted nude pics to female employees. They're still employed.
▼ + stars: | 2023-11-13 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

An FDIC supervisor invited his staff to a strip club, according to a report from WSJ. The Journal interviewed over 100 current and former FDIC staff about the agency's culture. The Journal's report details instances where a supervisor invited staff to a strip club and male workers sent their female colleagues unsolicited nude pictures. In 2020, the organization's inspector general criticized the FDIC's investigations into sexual harassment, calling them "decentralized, untimely, incomplete, and inaccurate," the Journal reported. The FDIC demoted Nguyen after multiple workers told management that the supervisor had allegedly made homophobic and harassing comments to staff.

Persons: —, they'd, Trevor McIntosh, McIntosh, he'd, Hien Nguyen, Nguyen, I've Organizations: FDIC, Service, Federal Deposit Insurance Corporation, Wall Street, Washington D.C, Anadolu Agency Locations: Washington

☆ 'Overemployed' Workers Secretly Juggle Several Jobs for Big Salaries
▼ + stars: | 2023-11-13 | by ( Aki Ito | ) www.businessinsider.com time to read: +21 min

Holding down multiple jobs has long been a backbreaking way for low-wage workers to get by. They freeze their employment histories with Equifax and hibernate their LinkedIn profiles, so employers can't see they're holding multiple jobs. Those with multiple jobs also seek out positions they hope will be OE-friendly — light on meetings, as well as on the workload. There's another incentive: Unlike most Americans, those who work multiple jobs don't have to worry about layoffs. There's something radical that happens to a worker's psychology when they have multiple jobs.

Persons: Bryan Roque, He'd, Roque, I'm, Isaac, Reddit, commiserate, he'd, it's, they're, —, Tyler Le, George, who's, I've, Allison, Cole, he's, Matthew Berman, hasn't, Meta, Tinder, jugglers, Taylor, they'll, normies, Redditor, she'd, she's, Aki Ito Organizations: Amazon, IBM, Meta, Financial Independence, J1, McKinsey & Company, J2 Locations: Meta, Tinder, New York, California, Meta's, tatters

☆ Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change that
▼ + stars: | 2023-11-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +7 min

The benefits were adjusted based on rules for workers who earn both pension and Social Security benefits. Today, Dave is pushing for the Social Security rules that reduced his benefits to be changed. Social Security benefits are calculated using a worker's average indexed monthly earnings, and then using a formula to calculate a worker's basic benefit amount. If two-thirds of the government pension is more than the Social Security benefit, the Social Security benefit may be zero. Part of what may create that advantage is that Social Security benefits are progressive, and therefore replace a larger share of income for lower earners.

Persons: Araya Doheny, Dave Bernstein, Bernstein, Phyllis Bernstein, Dave's, Dave, Phyllis, –, Edward Kelly, they're, Kelly, Emerson Sprick, Sprick Organizations: Getty, U.S . Postal Service, Social, Social Security, Finance, Will, New Zealand, American Postal Workers Union, GPO, International Association of Fire Fighters, Center, Budget Locations: Tampa , Florida, Australia, New, Congress

NEW YORK (AP) — Antonio “L.A.” Reid, the Grammy-winning music executive who influenced the career of artists including Pink, Usher and Mariah Carey, was sued by a former music executive who says he sexually assaulted her and derailed her career. Dixon, who worked for Reid when he was chief executive of Arista Records, alleges that Reid sexually assaulted her twice in 2001 and later cut her budget and sidelined artists when she rebuffed his continuing advances. Dixon left Arista in 2002 and contends that her “meteoric trajectory” in the music business was cut short by Reid's harassment. Political Cartoons View All 1237 ImagesThe Associated Press does not typically name people who say they were sexually assaulted unless they come forward publicly. In 2017, Reid left his position as CEO of Epic Records after a former female assistant accused him of sexual harassment.

Persons: — Antonio “ L.A, ” Reid, Pink, Usher, Mariah Carey, Drew Dixon, Dixon, Reid, Joel Katz, weren't, Associated Press wasn't, Reid didn't, “, ” Organizations: Arista Records, Arista, Press, Associated Press, The New York Times, New York, Epic Records Locations: New York

☆ Black workers could be disproportionately harmed by AI in the workplace, a study says. They are feeling the heat — and trying to fix it.
▼ + stars: | 2023-11-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +6 min

Black workers are more afraid of being replaced by AI than white workers, a new survey found. That may be because Black workers have a fraught history with the technology, experts say. Black workers are feeling the pressure, new research suggests. Even before the rise of generative AI, Black workers in low-wage jobs faced a greater risk of being replaced by automation technologies, Goligoski said. "It is insufficient to relegate the responsibility of protecting Black workers from the harms of AI to businesses alone," Hayes said.

Persons: —, Emily Goligoski, Goligoski, Myaisha Hayes, Richard Baldwin, Hayes, " Hayes Organizations: Service, McKinsey, Black, Amazon, Companies

☆ A meteoric rise in worker health costs has slowed — but they’re already 'egregious,' advisor says
▼ + stars: | 2023-11-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Employer-sponsored health plans have many moving parts that can affect workers' wallets. Workers pay $1,401 in total premiums in 2023, up 18% from 2018, according to KFF, a nonprofit health-care data provider. (This cost is for employer-sponsored health plans and assumes consumers receive in-network care.) That has led employers to make their health plans more competitive to attract and retain staff. One in four employers report being highly concerned about the affordability of cost-sharing within their health plans, according to KFF.

Persons: it's, Carolyn McClanahan, Matthew Perry's, Matthew Rae, Rae, KFF, That's, It's, that's, McClanahan, doesn't Organizations: Planning Partners, Finance, Security, Workers, Digitalvision Locations: Jacksonville , Florida

☆ Gen Z is forcing a workplace reckoning that should have happened years ago
▼ + stars: | 2023-11-05 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Gen Z, on the heels of the pandemic, is pushing for changes to how we work. Workers across generations are benefitting from some of the questions Gen Z has been asking. AdvertisementAdvertisementThanks, Gen Z. Gen Zers aren't likely to get everything they're asking for — at least not right away. And even workplace jargon — that code for showing you belong because you know how to toss it around — is getting a Gen Z rewrite .

Persons: Gen Z, —, Zers aren't, Pradeep Philip, Philip, That's, Nicole Kyle, Zers, Brynn Anderson, who've, Alex Soojung, Kim Pang, Pang, we've, Read, Zer, Gen Organizations: Workers, Service, Deloitte, Economics, CMP Research, United Auto Workers, Detroit, UPS, Associated Press, UAW, didn't Locations: America

☆ Explainer: What's at stake as Alberta seeks to split from Canada Pension Plan
▼ + stars: | 2023-11-01 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

TORONTO, Nov 1 (Reuters) - Canadian Finance Minister Chrystia Freeland will seek to challenge Alberta Premier Danielle Smith's plan to pull her province out of the Canada Pension Plan (CPP), in a meeting with provincial and territorial counterparts on Friday. A nationwide pension scheme called CPP that took contributions from paychecks began in the late 1960s. CPP Investments - an entity to manage its assets - was created in 1997 by the Canada Pension Plan Investment Board Act. AIMCo has not been considered a vehicle for a new Alberta pension plan. If Alberta walks away with more than 22.5% of assets, CPP contributions from everywhere else in the country would have to increase, Tombe estimates.

Persons: Chrystia Freeland, Danielle Smith's, Justin Trudeau, Pierre Poilievre, paychecks, AIMCo, SMITH, Smith, Patrik Marier, Trevor Tombe, Tombe, Maiya Keidan, Deepa Babington Organizations: TORONTO, Canadian Finance, Canada, Conservative Party, CPP Investments, Plan Investment, Investments, Alberta Investment Management Corp, Concordia University, University of Calgary, British Columbia, Thomson Locations: Quebec, Alberta, Ottawa, ALBERTA, Western, Ontario

☆ Gen Z is lonely. Going back to the office may be the cure for some.
▼ + stars: | 2023-10-31 | by ( Aaron Mok | Lakshmi Varanasi | ) www.businessinsider.com time to read: +12 min

The solitude of remote work seemed to particularly hit Gen Z workers — who began their careers as workplaces went from in-person to virtual — hard. With companies asking — and in some cases mandating — their employees return to the office, Gen Z workers who are going in regularly have said they have a renewed sense of confidence in their jobs. Since Fitchett's employer started mandating employees go to the office, Fitchett said he finally feels a sense of ease at his job. Don't expect a full-scale return to the office quite yetThere's more that goes into a worker's preferences than loneliness, and Gen Z workers are mixed about returning to the office full time. For her — and many other Gen Z workers — the solution may come in some form of flexibility.

Persons: Ben Fitchett didn't, Fitchett, Ben Fitchett, Ben Fitchett Young, Aaron Terrazas, —, Cigna, Hubert Palan, Z, Covid —, Palan, Vivek Murthy, it's, Mansoor Soomro, Soomro, Gen, Juanita Garcia, Garcia, who've, Zers, Anita Pan —, Anita Pan, Pan, Ricky Yean, Zers —, Yean, Bianca Wu, Bianca Wu Bianca Wu, Wu, wouldn't Organizations: Company, Teesside University, Starbucks, Flow, Dell Locations: New Zealand, Los Angeles, New York, Washington , DC, Bay

DETROIT (AP) — The United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis. About 14,000 UAW workers had been on strike at two Stellantis assembly plants in Michigan and Ohio, and several parts distribution centers across the country. Workers also will get cost-of-living pay that would bring the raises to a compounded 33%, with top assembly plant workers making more than $42 per hour. Like the Ford contract, the Stellantis deal would run through April 30, 2028. Negotiations between the UAW and Stellantis had intensified Thursday, the day after the Ford deal was announced.

Persons: ”, Erik Gordon, Ford, Stellantis, Shawn Fain, ” “ Everybody’s, Larry Montgomery, John Rutherford, Spring Hill didn’t, Fain, “, ” Fain, Rich Boyer, Gordon, Bruce Baumhower, Baumhower, Jermaine Antwine, Bajak, John Raby, Corey Williams, Haleluya Organizations: DETROIT, United Auto Workers, General Motors, Detroit, UAW, GMC Acadia, Cadillac, University of Michigan, GM, Ford, ” UAW, Workers, Toyota, Tesla, Jeep, Hollywood Locations: Hill , Tennessee, North America, Texas , Michigan, Missouri, Tennessee, Belvidere , Illinois, Spring Hill, Stelantis, Michigan, Ohio, Stellantis, Belvidere, Trenton , Michigan, Toledo , Ohio, Sterling Heights , Michigan, Pontiac , Michigan, Boston, Charleston , West Virginia, Jersey City , New Jersey

☆ Activist Impactive sees an opportunity to build value with an ESG tilt at Concentrix
▼ + stars: | 2023-10-28 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services. Activist Commentary: Impactive Capital is an activist hedge fund founded in 2018 by Lauren Taylor Wolfe and Christian Alejandro Asmar. Impactive Capital is an active ESG (AESG) investor that launched with a $250 million investment from CalSTRS and now has almost $3 billion. Concentrix, the second-largest outsourced CX company globally, is a high-quality business.

Persons: Lauren Taylor Wolfe, Christian Alejandro Asmar, Wolfe, Asmar, Impactive, Concentrix, Ken Squire Organizations: CX, Impactive, Concentrix, 13D Locations: Impactive, CalSTRS, Asia, Caribbean, United States

Customers seen in the self-service checkout area of a Coles supermarket in Sydney, Australia, June 17, 2020. REUTERS/Loren Elliott/File Photo/File Photo Acquire Licensing RightsOct 26 (Reuters) - Australian retailers are ramping up their tech security initiatives, including placing cameras at self-checkouts and body-worn cameras on staff, to combat a surge in stock theft and customer aggression aggravated by the cost of living crisis. "Unfortunately the data suggests it's continuing to occur," added Thomson, whose firm counts Coles and Woolworths as clients. Reports of store theft surged 23% in Australia's three largest states of New South Wales, Victoria and Queensland, home to three-quarters of the population, in the year to March 2023, according to the latest available government statistics, as COVID-related restrictions ended. Reports of threatening behaviour by shoppers rose to 17% of all security reports logged by Australian store staff in 2023, from 10% three years earlier, according to Auror data reviewed by Reuters.

Persons: Loren Elliott, Phil Thomson, Thomson, Coles, Leah Weckert, Weckert, Brad Banducci, Gerard Dwyer, Rishav Chatterjee, Byron Kaye, Praveen Menon, Christian Organizations: Coles, REUTERS, Woolworths, New, Reuters, National, of, Allied Employees Association, Thomson Locations: Sydney, Australia, New Zealand, Australia's, New South Wales, Victoria, Queensland, Bengaluru

☆ Lonely Instacart and DoorDash gig workers are turning to YouTube influencers to help them feel connected
▼ + stars: | 2023-10-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Gig workers for Instacart, DoorDash, and other apps tend to have their favorite YouTubers. Two gig workers with followings on YouTube told Insider about how they decide what to talk about. Like many gig workers, Sabo started doing gig work full-time in 2020 as demand for delivery shot up. He also sells tools for new gig workers, such as a spreadsheet to help them calculate their earnings. Some gig workers are quitting the industry, citing falling earning potential on many of the apps and slowing demand for delivery.

Persons: —, hadn't, DashingTrader, DashingTrade, Mike Sabo, Mike, Sabo, he's, it's, I've Organizations: Instacart, YouTube, Service, DoorDash, Uber Locations: DoorDash, California

☆ Fed-up employees might threaten to quit if changes aren't made to their job, but 'thruitting' often does more harm than good
▼ + stars: | 2023-10-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

siraanamwong/Getty ImagesYou're fed up with your job and are finally going to let your manager know it: "Fix this, or I'm leaving." In a bid to keep up with the never-ending stream of workplace trends, let's call this one "thruitting." AdvertisementAdvertisementFor your bookmarksFree tax filing programUS Treasury Secretary Janet Yellen has said tax filing should be simple. SAUL LOEB/AFP via Getty ImagesSee if you're eligible for the IRS' new, free tax filing pilot in 13 states. It's part of the department's attempt to make tax filing simpler and more cost-effective.

Persons: Marc Andreessen, Chris Williams, Williams, simplehappyart, Today's, Siu, It's, SCOTT MORGAN, Charlie Munger, Warren Buffett's, Everyone's, Jeffrey Gundlach, Jensen Huang, Young Liu, Chiang Ying, Marc Andreessen's, Elon Musk, Musk, Arantza Pena Popo, Dolly, Janet Yellen, SAUL LOEB, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Tech, Microsoft, Treasury, Barclays, Baron Partners Fund, Nvidia, University of Pennsylvania, America, Blackstone, Getty, IRS Locations: Israel, Cincinnati , Ohio, New York City, San Diego, London, New York

"The UAW is holding the deal hostage over battery plants," said Ford Chief Executive Jim Farley on Sept. 29. Since then, the union has not announced an agreement on battery plant issues with GM or the other automakers. Stellantis and Samsung SDI (006400.KS) have announced plans to build two EV battery plants in Kokomo, Indiana, employing up to 2,800 workers in total. Ford officials have not disclosed details of their proposals for battery plant wages or unionization. Yet, we are very open to working with them on a way forward on the battery plants," Ford executive Kumar Galhotra said on Oct. 12 of talks with the UAW.

Persons: Shawn Fain, bargainers, Jim Farley, Fain, Ultium, Joe Biden's, CATL, Tesla, Stellantis, haven't, Kumar Galhotra, Joe White, Nick Zieminski Organizations: DETROIT, United Auto Workers, Detroit Three, General Motors, Ford, Chrysler, UAW, Detroit, GM, Ultium, Tesla, Samsung SDI, Thomson Locations: Northeast Ohio, Detroit, U.S, Michigan, Belvidere , Illinois, KS, Kokomo , Indiana

☆ LinkedIn employees discovered a mysterious list of around 500 names over the weekend. On Monday, workers said those on the list were laid off.
▼ + stars: | 2023-10-16 | by ( Grace Kay | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Some workers at LinkedIn found their names on an internal list a day before they were laid off. Two workers told Insider the list caused a stir as workers tried to figure out if they were on it. AdvertisementAdvertisementSome LinkedIn workers worried they were about to be laid off after a mysterious internal list of about 500 employees was discovered to be accessible by anyone at the company. Hours later, workers who had seen their name on the list had their worst fears confirmed — they were laid off, two LinkedIn workers told Insider. "I was getting texts from everybody, all my friends," one of the LinkedIn workers told Insider.

Persons: —, We've, jmann@insider.com Organizations: LinkedIn, Service, ETA, Staff

☆ How big is your raise likely to be next year? We found out.
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

Now it's: How much of a raise can I expect in 2024 if I stay in my current job? Sure — but it may wind up being the biggest boost in purchasing power that workers have gotten in years. If you think you deserve a raise that's higher than the 4% average, pay experts have a few tips. These days, as the hiring frenzy subsides, you're not as likely to get a bigger raise simply by switching companies. Which means that 2024 may be your last, best hope for landing an above-average raise — perhaps for years to come.

Persons: —, That's, it's, David Turetsky, What's, they're, Ruth Thomas, don't, Aaron Terrazas, Aki Ito Organizations: Congressional, Salary.com, Employees Locations: California, Washington, Payscale

☆ The numbers are in: Here’s how big your raise is likely to be next year
▼ + stars: | 2023-10-16 | by ( Aki Ito | ) www.businessinsider.com time to read: +5 min

☆ Some Americans are secretly working multiple remote jobs. Bosses shouldn't be worried about it.
▼ + stars: | 2023-10-11 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Americans are secretly working multiple remote jobs. AdvertisementAdvertisementOne of your co-workers could be secretly working multiple remote jobs to boost their finances. But holding two remote jobs could breach some employment contracts and lead to job termination. But it could become more popular as the remote work revolution provides additional opportunities for Americans to take on more work. "Clearly, if people can work multiple jobs at the same time, then I need to redefine their role to be more rigorous," she said.

Persons: —, it's, David Barron, Cozen O'Connor, Barron, who've, Aaron De Smet, I'm, Jennifer Moss, De Smet, Xer, Moss, we've, they're, we'll, Nicole Coomber Organizations: Service, McKinsey, University of Maryland Locations: Texas

☆ What workers on strike need to know about collecting unemployment benefits
▼ + stars: | 2023-10-10 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Massachusetts, Connecticut and Pennsylvania have recently tried to start providing striking workers jobless benefits, too. Here's what else workers on strike should know about unemployment benefits. Workers on strike in the Empire State can typically collect the benefits for as long as 26 weeks. Workers on strike in New Jersey may also qualify for unemployment benefits, and lawmakers recently shortened the waiting time for eligibility there, too, to 14 days, down from 30. Workers in the state can usually collect unemployment benefits for up to 26 weeks.

Persons: Frederic J, Brown, Gavin Newsom, Michele Evermore, haven't, Evermore, Rob Sampson, Johnnie Kallas, Phil Murphy Organizations: Kaiser Permanente, AFP, Getty, The Century Foundation, United Auto Workers, Bloomberg, Republican, Cornell University's School of Industrial and Labor Relations, Labor, New York, Workers, New York State Department of Labor, New, New Jersey Gov Locations: Los Angeles, , New York, New Jersey, California, Massachusetts , Connecticut, Pennsylvania, Wayne , Michigan, Connecticut, New York , New Jersey

☆ Assistants at companies like Netflix and Disney are 'waiting for the light at the end of the tunnel' as their careers stall and they can't get promoted: 'I don't see a way up'
▼ + stars: | 2023-10-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +12 min

Trying to maintain a career in Hollywood was "not something that was feasible for me to continue," this person told Insider. Insider spoke with eight current and former assistants at Hollywood companies, plus a former creative executive at a midsize film studio. Many hopefuls can't find jobs in an industry that's been wracked with head count reductions and budget cuts. Netflix's website lists just one open assistant job — a role in a non-creative vertical. At Paramount, which cut 25% of staff from its US cable networks earlier this year, there appear to be no open executive assistant jobs in entertainment capacities .

Persons: —, strivers, that's, David Heger, Edward Jones, Heger, Bob Iger —, there's, WBD, they've, they'd, I'm, Reed Alexander Organizations: Hollywood, Netflix, Paramount Global, Disney, Warner Bros . Discovery, Paramount, Media, Writers Guild of America, Challenger, Warner Bros, Discovery, Entertainment Locations: Hollywood, Los Angeles and New York

[1/3] Tokyo Tower is seen from the 52nd floor of 'Azabudai Hills Mori JP Tower', developed by Mori Building Co., during press preview of the complex in Tokyo, Japan, in this photo taken by Kyodo on August 8, 2023. "Housing prices and rents have risen a lot compared to the past, but in the end, salaries haven't gone up that much." After weathering decades of deflation and stagnant growth, Japan is seeing an investment boom that has made apartments in central Tokyo unaffordable for young Japanese professionals. For locals, the surge in prices has made Tokyo the second most unaffordable city worldwide, only behind Hong Kong, according to a UBS global real estate report. Average condo prices in central Tokyo were bumped up in the past year by a large supply of high-end residences hitting the market.

Persons: Kawamata, she'd, I'm, haven't, Cushman, Mari Kumagai, Kumagai, Wang Mao San, Wang, Mari Mochizuki, who's, Mariko Katsumura, Rocky Swift, Sonali Paul Organizations: Mori, Kyodo, REUTERS Acquire, Rights, Real Estate Economic, UBS, Reuters, Cushman & Wakefield, Wakefield, Shingi, fusaya Realty Inc, Super, Japan Real Estate Institute, Thomson Locations: Tokyo, Japan, Hong Kong, London, Singapore, New York, China, Asia, Asia Pacific, Australia, Taiwan, Taiwanese, Osaka, Tokyo's

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