DIRS.INFO The most relevant business & tech news

Former President Donald Trump accused the Justice Department of "downplaying" an alleged assassination plot against him earlier this month and suggested state officials in Florida should take over the investigation and prosecution. "The Kamala Harris/Joe Biden Department of Justice and FBI are mishandling and downplaying the second assassination attempt on my life since July. Trump has attacked the Justice Department for years, accusing the agency of targeting him after it brought charges against him in two separate cases. Florida charges would be much more serious than the ones the FBI has announced," he wrote. DeSantis issued an executive order last week ordering a state investigation into the incident.

Persons: Donald Trump, Kamala Harris, Joe Biden, Trump, Ryan Routh, DOJ hasn't, Routh, Harris, Biden, Ron DeSantis, DeSantis Organizations: Justice Department, Joe Biden Department of Justice, FBI, Trump International Golf, DOJ, ”, Trump, Department, Law Locations: Florida

☆ Octopuses seen hunting together with fish in rare video — and punching fish that don't cooperate
▼ + stars: | 2024-09-23 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

The Summary A new study found that some members of an octopus species hunt cooperatively in groups with fish. A new study shows that some members of the species Octopus cyanea maraud around the seafloor in hunting groups with fish, which sometimes include several fish species at once. It’s an indication that at least one octopus species has characteristics and markers of intelligence that scientists once considered common only in vertebrates. These hunting groups typically included several species of reef fish, such as grouper and goatfish. These are the ambush predators, the ones that don’t move, don’t look for prey,” Sampaio said.

Persons: aren’t, ”, Eduardo Sampaio, Simon Gingins, ” Sampaio, it’s, “, Martha, I’ve, ” It’s, Jonathan Birch, ” Birch, cyanea Organizations: Max Planck, Animal, London School of Economics Locations: Eilat, Israel

☆ California sues ExxonMobil for alleged decades of deception around plastic recycling
▼ + stars: | 2024-09-23 | by ( Angela Dewan | ) edition.cnn.com time to read: +4 min

CNN —California Attorney General Rob Bonta filed a lawsuit against ExxonMobil on Monday for what the state calls a “decades-long campaign of deception” in which the oil and gas giant allegedly misled the public on the merits of plastic recycling. Bonta is also asking the court to rule ExxonMobil must pay civil penalties, among other payments, for the harm inflicted by plastic pollution in California. “For decades, ExxonMobil has been deceiving the public to convince us that plastic recycling could solve the plastic waste and pollution crisis when they clearly knew this wasn’t possible. Recent reports have shown only around 9% of the world’s plastic is recycled, a figure that’s even lower in the US, around 5 to 6%. Recycling has not kept pace with plastic production, which has doubled over the past 20 years.

Persons: Rob Bonta, ExxonMobil “, Bonta, ” Bonta, “, Judith Enck, ”, Laura Paddison Organizations: CNN, ExxonMobil, San, Court, “, of Justice, ”, Environmental Protection Agency, Beyond Plastics, Bennington College in Locations: California, San Francisco County, Bennington College in Vermont

☆ Storm That Could Threaten Gulf Coast Takes Shape in the Caribbean
▼ + stars: | 2024-09-23 | by ( Judson Jones | More About Judson Jones | ) www.nytimes.com time to read: +1 min

The next storm that could threaten the United States was beginning to take shape Monday afternoon among a swirl of thunderstorms off the shores of Honduras in the western Caribbean Sea, with forecasters saying there is a strong likelihood that it becomes Helene, the next name in the 2024 Atlantic hurricane season storm list. Many of the forecast models that meteorologists use show the storm strengthening rapidly over the next few days before hitting somewhere along the central to eastern Gulf of Mexico coastline Thursday. This storm follows Francine, which spun across the western Gulf of Mexico this month. That storm struggled to organize and only slowly intensified into a weak Category 2 in the final few hours before making landfall in Louisiana and dropping a deluge of rainfall across New Orleans. If this storm system forms more quickly into a named storm across the Caribbean, it is more likely to become a hurricane or even a major hurricane in the Gulf of Mexico before it hits land.

Persons: Helene, Francine Organizations: National Hurricane Center, Nine Locations: United States, Honduras, Gulf of Mexico, Gulf, Mexico, Louisiana, New Orleans

☆ Even millennials are getting too old to land a tech job
▼ + stars: | 2024-09-23 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.

Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China

☆ Remote work could become a secret weapon in the battle for top talent
▼ + stars: | 2024-09-23 | by ( Nora Redmond | ) www.businessinsider.com time to read: +5 min

Read previewThe list of companies abandoning remote work is growing. But for some experts, remote work won't die either. "There's a big race for talent out there," she told Business Insider, adding that "attracting talent into a business is hard these days." For others, flexible work has become a game changer and one they can't see themselves looking back on. In contrast, other companies will continue to embrace the advantages of flexible work.

Persons: —, Andy Jassy, PwC, Goldman Sachs, Kate Palmer, Palmer, Daniel Wheatley, Wheatley, Jassy Organizations: Service, Amazon, Big, Business, Citigroup, HSBC, Barclays, JPMorgan, Peninsula, University of Birmingham

☆ Miley Cyrus and Dolly Parton are apparently distant relatives
▼ + stars: | 2024-09-23 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Dolly Parton has learned her special connection with goddaughter Miley Cyrus is even deeper than she originally thought. Their common ancestor is a man named John Brickey, who was born in Virginia in 1740, according to Ancestry. Brickey is Parton’s sixth great-grandfather and Cyrus’ seventh great-grandfather. “We’re so close, Miley and I. I’d have thought we’d have been at least third cousins,” Parton said on Monday’s episode of Access Hollywood, reacting to the revelation. “Dolly is not only my idol because of her incomparable career—she’s also my role model because of her steadfast morals and values,” Cyrus wrote.

Persons: Dolly Parton, goddaughter Miley Cyrus, they’ve, John Brickey, Cyrus ’, “, Miley, ” Parton, Hannah Montana ”, Cyrus, Parton, Dolly, — she’s, ” Cyrus Organizations: CNN, Disney Channel Locations: Virginia, East Tennessee

☆ 7 signs you were raised by an eggshell parent — and how that can impact your adult relationships
▼ + stars: | 2024-09-23 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

But if you were generally tense, anxious, or fearful around your parent or caretaker, there's a chance you were raised by an eggshell parent. An eggshell parent is "often highly unpredictable, and unsafe in some way," she added. Sage shared a few signs you grew up with at least one eggshell parent, and what the long-term impacts of such a relationship can be. She added that eggshell parents often lack self-awareness of how their intense mood swings impact other people, especially their kids. Without that acknowledgment, children of eggshell parents might continue to believe that they "caused" their parents' outbursts, and that they're responsible for managing other people's emotions.

Persons: —, there's, Kim Sage, Sage, you've, you'll Organizations: Service, Business Locations: California

☆ Five Tufts University lacrosse players remain hospitalized after Navy SEAL-style workout
▼ + stars: | 2024-09-23 | by ( Michelle Watson | ) edition.cnn.com time to read: +3 min

CNN —Three men’s lacrosse players at Tufts University remain hospitalized after a voluntary, supervised 45-minute workout with a Navy SEAL graduate left them with a dangerous condition called rhabdomyolysis, the university said. A spokesperson for the university previously said five remained hospitalized. All have been evaluated by medical professionals, with a total of nine requiring hospitalization for rhabdomyolysis (rhabdo),” Collins said in an updated statement Monday. “The university continues to closely monitor the condition of the team, and some individual team members have been medically cleared to resume training,” Collins said. “A typical time of year when we see it in athletes is in the off-season, or getting ramped back up,” Sikka, who also serves as a team physician for the New York Yankees, told CNN.

Persons: BUD, Patrick Collins, ” Collins, ”, Dr, Shruti Gupta, “, Robby Sikka, ” Sikka, Sikka, it’s, CNN’s Meg Tirrell Organizations: CNN, Tufts University, SEAL, Tufts, Navy SEAL, Media Relations, Cleveland Clinic, Brigham, Women’s, WCVB, Professional Tennis Players, New York Yankees

☆ Hunting for a Private College Scholarship Can Be a Total Waste of Time
▼ + stars: | 2024-09-23 | by ( James S. Murphy | ) www.businessinsider.com time to read: +14 min

So she and Maggie had focused their hopes on getting a private scholarship. She considered paying $700 for an online class, heavily promoted on Facebook, that promised to show parents how to find college scholarships. Every year, hundreds of thousands of students like Maggie devote countless hours to the hunt for private scholarships to pay for college. AdvertisementWith the combination of institutional aid and private scholarship she received, Maggie managed to cut her original college bill from $15,000 to $8,000. The illness is treatable, but it's likely to cost the family $5,000 out of pocket — effectively wiping out the financial value of the private scholarship Maggie received.

Persons: Maggie Beam, Siobhan, Maggie, Siobhan —, —, Mark Kantrowitz, Kantrowitz, it's, Fastweb, Jeff Levy, you'd, Ed McMahon, Peter Thiel, Ron Lieber, Dawn Brady, Chris Reeves, Aisosa, Levy, Charlain Bailey, she'd, Maggie's Organizations: Winthrop University, Rotary, Facebook, Thiel Foundation, Silicon, Niche, Community Foundation, Lehigh University ., Education's, Winthrop, Schug Foundation, Equitable Foundation, Equitable Locations: Charlotte , North Carolina, Winthrop, Carolina, California, San Diego, Aisosa Ede, Osifo, Dallas, North Carolina

☆ An OpenAI investor just published more than 10,300 words about the future of AI. We asked ChatGPT if it agreed.
▼ + stars: | 2024-09-23 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Read preview69-year-old Vinod Khosla shared some bold predictions about the future of AI in a more than 10,300-word essay on Friday. The venture capitalist, whose firm Khosla Ventures invested $50 million into OpenAI in 2019, holds highly optimistic views about the future of AI. OpenAI's GPT O1 wasn't fully convincedInterestingly enough, OpenAI's most advanced AI yet didn't echo all of Khosla's predictions. It agreed with some, like AI's transformative potential in providing economic and societal benefits, democratizing access to healthcare and education, and enhancing creativity. AdvertisementBut it labeled some of Khosla's predictions about AI "overly optimistic," like AI performing 80% of tasks in 80% of jobs in the next 25 years.

Persons: —, Vinod Khosla, Khosla, OpenAI, ChatGPT, Vinod Khosla's Organizations: Service, Khosla Ventures, Business, O1 Locations: OpenAI

☆ Enterovirus D68: What to know about the virus that could lead to paralysis in kids
▼ + stars: | 2024-09-23 | by ( Faye Chiu | ) edition.cnn.com time to read: +6 min

CNN —Rates of enterovirus D68 infections are on the rise across the United States, according to the nonprofit WastewaterSCAN network. This common virus can lead to a rare but serious polio-like complication known as acute flaccid myelitis. Dr. Leana Wen: Enterovirus D68 is part of a group of more than 100 non-polio enteroviruses. CNN: What can you tell us about acute flaccid myelitis, the rare but dangerous complication that can result from enterovirus D68 infection? CNN: How likely is it that enterovirus D68 infection will result in acute flaccid myelitis?

Persons: Leana Wen, Wen, myelitis Organizations: CNN, George Washington University, US Centers for Disease Control, CDC Locations: United States

Former President Donald Trump said he doesn’t believe he would run for office again in four years if he loses the November election. “I think that hopefully we’re going to be successful,” Trump added in the interview, which aired Sunday. The Trump campaign did not immediately respond to a request for comment. And she will be, she will be terrific.”Trump noted that Musk endorsed him “very powerfully” and agreed that the tech billionaire could help with “government waste” when Attkisson suggested the possibility. But he’s indicating he might be willing to,” Trump said.

Persons: Donald Trump, doesn’t, “, ” Trump, Sharyl Attkisson, Trump, Tulsi Gabbard, Elon Musk, Robert F, Kennedy Jr, Kennedy, “ It’s, Gabbard, I’ve, ”, Musk, Attkisson, He’s, Shawn Ryan Organizations: Human Services, Democratic Locations: Hawaii

☆ A California Gen Xer who retired early to Colombia on a $3,423 monthly pension explains how much he pays for housing and other bills
▼ + stars: | 2024-09-22 | by ( Allie Kelly | ) www.businessinsider.com time to read: +3 min

Read previewTo Jeremy Teitelbaum, the weather in Pereira, Colombia, feels like "eternal spring." According to documents reviewed by Business Insider, he lives on his $3,423 monthly teaching pension. According to the Social Security Administration, over 700,000 US workers retired abroad in 2022, the latest available data. This trend comes as millions of baby boomers are living on fixed Social Security or pension incomes with limited savings. Once he begins collecting Social Security, Teitelbaum said his teaching pension will be reduced.

Persons: —, Jeremy Teitelbaum, Teitelbaum, Teitelbaum hasn't, Pereira — Organizations: Service, Business, International, Social Security Administration, Security Locations: Pereira, Colombia, San Luis Obispo , California, America, Texas, Panama , California, Italy, Minnesota, Mexico, California, Machu Picchu, Buenos Aires, Los Angeles

☆ My children are having a better, more fun childhood than I did. I think I'm jealous.
▼ + stars: | 2024-09-22 | by ( Joe Harless | ) www.businessinsider.com time to read: +5 min

Read previewA recent sleepover made me consider how different my childhood was compared to my children's. While my sleepovers were better than theirs, their experiences in other areas of their childhood seem much better. And while I'm happy they get to have those experiences, I'm also starting to get a little jealous. They don't have to spend hours at church like I didOf all the shared life experiences, church activity makes me the most envious. And it's nice to think that someday in the future, my oldest will be hesitant to let his kid mow the lawn, too.

Persons: —, Sleepovers, I'm, Trunchbull, I'd, they've, Zelda, That's Organizations: Service, Business, Disney, Methodist Locations: West Virginia, Orlando, Chattanooga, Asheville, North Carolina, Breckenridge

☆ How rich Americans use life insurance to save on taxes and protect their kids' inheritance with this neat trick
▼ + stars: | 2024-09-22 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

But there is an alternative to a fire sale: They can use life insurance to foot the bill with a neat trick. Instead of owning a life insurance policy directly, they take out a policy and put it inside a trust. The irrevocable life insurance trust (ILIT) collects the death benefit, pays the tax bill, and distributes whatever is left according to the insured individual's wishes. For an ultra-rich taxpayer with a $10 million life insurance policy, using an ILIT could save $4 million in taxes. Make sure you're getting a life insurance policy that makes financial sense.

Persons: —, Sam, Robert Strauss, Weinstock Manion, Dan Griffith, Griffith, Strauss, it's, ILITs, Kate Maier Organizations: Service, Business, Huntington Bank, IRS

☆ Why that blackmailer claiming to have your search history probably doesn't
▼ + stars: | 2024-09-22 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Federal and state police across the country warned about a rise in the number of email "sextortion" scams this month. The Maryland State Police said in a statement on Thursday that reports of one sextortion scam targeting Gmail users surged in August and September. In these scams, someone tells a victim they have access to embarrassing search history or compromising photos. This means the scammers may have access to your email and even some of your current or former passwords, but they do not have access to your computer or search history. The Maryland State Police say to be cautious of any "unsolicited" emails you receive to your Gmail account to avoid being the victim of a scam.

Persons: —, bitcoin, They're, they've Organizations: Service, Maryland State Police, Business, FTC, Google Locations: Federal, Maryland

☆ Inside the island fortress of America's mega-billionaires
▼ + stars: | 2024-09-22 | by ( Guthrie Scrimgeour | ) www.businessinsider.com time to read: +21 min

An Israeli-designed radar system encircling the island can detect passersby, in low visibility, from half a mile away. Often described as "butlers with badges," the Indian Creek police force is unlike most of its counterparts. The Indian Creek radar can detect objects on the water and use artificial intelligence to classify them according to the risk they pose. With the new security system, the Indian Creek police appear to have turbocharged their enforcement of regulations in the surrounding waters. Properties in the neighborhood are also being bought up by opaquely named LLCs tied to Indian Creek residents.

Persons: —, I've, I'm, — they're, Norman Braman's, Tom Brady, Carl Icahn, Jeff Bezos, we've, Tiffany, William Henry Hoover, Frank Woolworth, Saratta, Gerardo Vildostegui, Vildostegui, it's, Irma Braman, Bernard Klepach —, Mike Bullman, Chandan Khanna, Justin Ross, who's, Ross, Gail Golden, Javier Holtz, Marko Gojanovic, Gojanovic, he's, Dina Goldentayer, Don Shula, opaquely, LLCs, Julio Iglesias, Surfside, Tim Will, Will, America's, Elon Musk, you'd, there's, Brian Daniel, Low, John Bernardo, Klepach, Guthrie Organizations: Public Space Research, City University of New, Indian, Jewish, Indian Creek Country, Security Solutions, Police, Getty, Biscayne, Indian Creek Police, Marquis Bank, Miami Dolphins, BI, CUNY Locations: Indian, Biscayne Bay, America, Miami, Qatar, Israeli, City University of New York, Florida, Surfside, Surfside's, York City, United Kingdom, Japan, Germany, India, stoke, Washington , DC

☆ If you think you're doing your laundry right, you're wrong. Here are 5 mistakes to avoid.
▼ + stars: | 2024-09-22 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +6 min

AdvertisementWater temperature is too hotA lot of people think hot water should be the default go-to temperature. While hot water is going to give you the best clean, using it often isn't necessary or good for your laundry. I like to think of hot water washes as calling in the power washer — it's for when something is really stained, dirty, or smelly. But there are ways to get an extra good clean without always using hot water. Plus, you reduce your energy usage by 90% when you stop using hot water to clean clothes.

Persons: —, Zachary Pozniak, It's Organizations: Service, Business

Senior Biden administration officials told reporters ahead of the meeting that the leaders would announce plans to expand an Indo-Pacific Partnership for Maritime Domain Awareness, launched two years ago to include the Indian Ocean region. Analysts said the expected outcomes would mostly build on work that has already been done within the Quad, which Biden elevated to summit level in 2021. It is true in the South China Sea, the East China Sea, South China, South Asia and the Taiwan Strait,” Biden continued. “But I think China’s recent maritime aggression could be changing the equation for India and could be prompting India to become a bit more open to the idea of Quad security cooperation,” she said. Albanese told reporters on Thursday that Canberra and Washington share concerns about China’s security ambitions in Pacific islands countries where Beijing is seeking a growing policing role.

Persons: Joe Biden, Biden, Anthony Albanese, Narendra Modi, Fumio Kishida, Saturday’s, “, ”, Antony Blinken, he’s, ” Biden, Xi Jinping, Jake Sullivan’s, Sullivan, ” Sullivan, “ It’s, Lisa Curtis, Kishida, “ We’re, Donald Trump, Kamala Harris, Albanese, “ We’ll Organizations: United States, Australian, Anthony Albanese , Indian, Japanese, Biden, Pacific Partnership, Maritime, Indian, U.S . Coast Guard, Journalists, China’s, People’s Republic of China, Analysts, East China Seas, Center, New, New American Security, White House, CIA, State Department, congressional Locations: Australia, India, Japan, China, Anthony Albanese ,, Wilmington , Delaware, Southeast Asia, South China, East China, South Asia, Taiwan Strait, People’s Republic of, South, East, Beijing, Asia, New American, U.S, Canberra, Washington, Pacific

☆ JD Vance suggested the US's support for NATO could be pulled if Europe tries to regulate X as free speech debate rumbles on
▼ + stars: | 2024-09-21 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

he continued, adding that it was "insane that we would support a military alliance if that military alliance isn't going to be pro-free speech." Breton addressed the letter to Musk ahead of the X owner's much-publicized interview with Trump, warning him against amplifying "harmful content." AdvertisementIn February, the former president even suggested that the US could let Russia attack non-paying NATO countries, much to the White House's ire. Related storiesAccording to NATO estimates, Poland is set to be the biggest NATO spender in 2024, allocating 4.12% of its GDP. For its part, NATO has acknowledged that there's been a historic imbalance between US military spending and that of non-US allies.

Persons: —, JD Vance, Elon Musk's X, Vance, Shawn Ryan Show, Donald Trump's, Musk, platformed Trump, Elon, Donald Trump, Thierry Breton, Breton, NICHOLAS KAMM, Trump, NATO spender, there's Organizations: Service, NATO, European Union, EU, Business, Trump, EU Commission, EU's Digital, DSA, European Commission, White, Getty Images, Alliance Locations: Russia, Canada, Spain, Poland, Estonia, United States

☆ I married my high school sweetheart. Here's what everybody gets wrong about love stories like mine.
▼ + stars: | 2024-09-21 | by ( Autumn Gavora | ) www.businessinsider.com time to read: +4 min

That night, Daniel showed up at my house for a movie night I was hosting with friends. Over the years, I've found that people have many assumptions about high school sweethearts. We must have a house full of kids by now, with at least one in high school. AdvertisementLiving in the Bible Belt, getting married at a younger age is common due to religious reasons or family values. It's as if our love story is something out of a fairytale, a rare and beautiful journey I'm blessed to live.

Persons: —, Daniel, me, I've, didn't, we'd, Schellie Hogan, We're Organizations: Service, Blockbuster, Business

☆ A naming expert shares 22 names for babies born in the fall. She suggests getting inspiration from colors and fall traditions.
▼ + stars: | 2024-09-21 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

Some fall baby names are obvious. Take Autumn for example, which has been in the top 100 names for American baby girls since the late 1990s. AdvertisementThere are 22 fall baby names that will last a lifetime. Fall symbolsBeyond colors, you can draw naming inspiration from common fall symbols. Giving your fall baby an autumn-inspired name is a great way to pay homage to when they arrived.

Persons: —, Sophie Kihm, It's, Goldie, Goldie Hawn, Bruno, Rory, Radley, Opal, October's, September's, Harvey, Bowman, Archer, Otto, Toby, it's, Hazel, Oakley Organizations: Service, Business, Juniper Locations: Nameberry, Aurelia

☆ Tiny lizard ‘scuba dives’ and hides out from predators
▼ + stars: | 2024-09-21 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Reptiles are astonishingly diverse, with extraordinary adaptations such as a tiny lizard in Costa Rica that has evolved a way to “scuba dive,” according to new research. Fantastic creaturesUsing the air bubble helps the anole to stay underwater longer, and the technique may help the tiny lizard hide from predators, researchers say. This ability allows the lizard to stay underwater for a prolonged period of time. Across the universeAn artist's concept depicts NASA's Voyager 1 spacecraft entering interstellar space, or the space between stars. Along the way, Voyager 1 found a thin ring around Jupiter and two new Jovian moons as well as five new moons orbiting Saturn.

Persons: Lindsey Swierk, Kaspar Hauser, ”, Hauser, Butch Wilmore, Suni Williams, Vincent van Gogh, ” Timothy A, Clary, Vincent van Gogh’s, It’s, King Ramses II, — Helga, Zohar, Artemis, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, JPL, Caltech, NASA’s, International, Getty, Orion, Artemis, CNN Space, Science Locations: Costa Rica, Costa Rica’s, Nuremberg, Germany, Bristol, England, AFP, China, France, Egypt

☆ The employment power pendulum is always swinging. Here's how workers can stay ahead.
▼ + stars: | 2024-09-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

AdvertisementA power pendulum is constantly swinging back and forth between employers and employees, guided by market forces and an ever-changing economy. Other times, employers have the power to set workplace norms, and workers are better off keeping their heads down. The cyclical nature of shifting workplace power does swing back and forth between employers and employees, but not automatically. AdvertisementThink of it as a supply-demand phenomenon: Whenever the labor market gets tight, and employer demand for workers exceeds the number of available workers, employees gain greater choice and, thus, power. Dorothea LangeA mere three decades later, however, the power pendulum swung back toward workers with The New Deal, which included unemployment relief and minimum wage legislation, among other worker rights.

Persons: —, Arne Kalleberg, Kalleberg, Dorothea Lange, COVID, Gerald Davis, Ward, there's, JOSEPH PREZIOSO, it's Organizations: Service, Business, University of North, Chapel Hill, Systems, University of Michigan, Vanishing American Corporation, Employers, Getty, Healthcare, Workers Locations: University of North Carolina, United States, AFP

Search resuls for: "Common"

25 mentions found