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☆ A Gen X dad supercommutes from Texas to Arizona every week. He explains why it's worth it for his career — despite the extra costs.
▼ + stars: | 2024-07-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Then 2022 rolled around, and Dabney was offered a promotion within his company to be a program director — in Phoenix. Dabney was excited about the opportunity, and he viewed it as the perfect chance to advance his career and boost his income. And that has been crucial to decisions that I've made over the years about where to go and where to work," Dabney told Business Insider. While he said his company helped him with relocating costs, he estimated the supercommute costs him around an extra $20,000 each year. Advertisement"It was a nonstarter ripping my kids out of high school to go to Louisiana and then eventually Phoenix," Dabney said.

Persons: Dennis Dabney, Dabney, —, I've, he's, it's, Nick Bloom, Alex Finan Organizations: Service, Air Force, Business, Survey, Census Bureau, Stanford Locations: Virginia, Fort Worth , Texas, Phoenix, Fort Worth, Louisiana, Texas

☆ Gen Xers and boomers are giving up on hybrid work: They're either all in or out on the office
▼ + stars: | 2024-06-11 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Related VideoStill, those 50-64 were most likely to work fully remotely, while those 20-29 were least likely. That means they can afford to be fully remote and might feel really comfortable doing things on their own," Barrero said. So that muscle memory might push them to come in more often than younger workers who embrace hybrid." Indeed, many older workers BI has spoken to are divided on whether they want to be in-office or at home — but they're willing to leave roles that don't cater to their preferences. Do you strongly prefer in-office or remote work?

Persons: —, Gen Zers, millennials, Nick Bloom, Alex Finan, Jose Maria Barrero, Instituto Tecnológico Autónomo, Barrero, Dennis C, I'm, Charles Bond, they're, Bond Organizations: Service, Business, Employees, Stanford University, Instituto Tecnológico, Business School

Read previewAmericans are on their way to work — and they probably still have a long way to go. New research first reported by The Wall Street Journal shows that more workers are supercommuting, meaning they're traveling more than 75 miles each way for work. Some trips, they found, are as long as five hours each way, with some starting their commutes at 3 a.m. New York City experienced an 89% surge in supercommuting, from 1.9% to 3.6% of all trips. Phoenix, Arizona — a city that's seen a surge of new residents in recent years and, as a result, soaring housing costs — has also seen supercommuting increase by 57%.

Persons: —, Nick Bloom, Alex Finan, Bloom, Finan, Kyle Rice Organizations: Service, Wall Street Journal, Business, metros, Stanford University, WFH Research, Economic Locations: New York City, Los Angeles, Washington, supercommuters . Phoenix , Arizona, Bloom, Willmington , Delaware, Delaware, York

☆ Michael Bloomberg implies remote employees are playing golf instead of working: 'It is funny, but it's tragic'
▼ + stars: | 2023-09-14 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Michael Bloomberg is an outspoken critic of remote work. He thinks employees are slacking off and hitting the golf course during the workday, he told CBS. A March study by Stanford University researchers found that remote work "powered a huge boom in golfing," with visits to golf courses surging on weekdays and mid-afternoons compared to pre-pandemic times. AdvertisementAdvertisementIn August, he wrote an opinion piece for The Washington Post, arguing that remote work for federal employees had "gone on too long." Just days after Bloomberg's article was published, Biden reportedly ramped up efforts to get federal employees back to the office.

Persons: Michael Bloomberg, slacking, I've, Nick Bloom, Alex Finan, CBS's Mo Rocca, Jacob Frey, Biden, Goldman Sachs, Abbie Shipp Organizations: CBS, New, New York City, Service, Stanford University, Bloomberg, Minneapolis, Employees, Washington, Meta, Neeley School of Business, Texas Christian University Locations: New York, Wall, Silicon

Smurfit Kappa and WestRock will join to create a global packaging company with a value of almost $20 billion. WestRock shareholders will receive $5 in cash and one share in the new company, called Smurfit WestRock, for each WestRock share that they own. Smurfit Kappa stockholders will receive one share in the new company for each Smurfit Kappa share. Smurfit WestRock will be incorporated and domiciled in Ireland, with global headquarters in Dublin, Ireland, where Smurfit Kappa is based. Irial Finan, the chairman at Smurfit Kappa, will be chair of the company and Ken Bowles, chief financial officer at Smurfit Kappa, will serve as CFO of Smurfit WestRock.

Persons: WestRock, Smurfit, Tony Smurfit, Irial Finan, Ken Bowles, Smurfit WestRock Organizations: Kappa, West Pharmaceutical, Smurfit Kappa, Smurfit, European Union, New York Stock Exchange Locations: Europe, U.S, Brazil, Mexico, Ireland, Dublin, Atlanta

WestRock stockholders will get one share in the new company, called Smurfit WestRock, and $5 in cash for each share they hold, which works out to $43.51 per share, the companies said in a statement. Smurfit Kappa shareholders will receive one new Smurfit WestRock share for each share they hold. That could make the deal more than 20% accretive to Smurfit Kappa's earnings per share, the statement added. Smurfit WestRock will be domiciled in low tax Ireland with its global headquarters in Dublin. Smurfit Kappa will de-list from Euronext Dublin, the latest blow for the Irish bourse as building materials giant CRH prepares to leave later this month.

Persons: WestRock, JP Morgan, Jefferies, Tony Smurfit, Ken Bowles, Irial Finan, Smurfit, Yadarisa, Padraic Halpin, Louise Heavens, Jason Neely Organizations: Kappa, Europe's, JP, Smurfit, Smurfit Kappa, London Stock Exchange, Irish bourse, Thomson Locations: DUBLIN, COVID, South, Central, North America, Europe, Ireland, Dublin, New York, Bengaluru

CARACAS, July 6 (Reuters) - Venezuela is planning to introduce new regulations on courier shipments of food, medicine and other products in an effort to raise more taxes, one government and two private sector sources said on Thursday. The government provides no official figures on the volume of such shipments, which arrive by boat and plane. But in a bid to raise tax revenue amid U.S. sanctions and a faltering oil industry, the government is preparing to regulate them, the sources said. Vice President Delcy Rodriguez and other officials met with business people in late June to discuss regulation, but no specific measures came out of the meeting, the two private sector sources said. This week several courier companies, who are generally local outfits, said on social media they would suspend shipments as they await official action.

Persons: Delcy Rodriguez, Mayela Armas, Vivian Sequera, Julia Symmes Cobb, Rosalba O'Brien Organizations: Retailers, Thomson Locations: CARACAS, Venezuela, United States

☆ A remote worker who starts his job at 7:30 a.m. and takes afternoons off says the schedule 'makes it a lot easier to manage my focus, my energy, and just my overall attitude'
▼ + stars: | 2023-03-26 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Remote workers taking afternoons off are powering a boom in golfing and other leisure activities. Maganas, 60, is one of the many American remote workers powering an afternoon-leisure boom. That type of schedule, which Maganas has had for about 20 years, has become increasingly popular with the widespread adoption of remote work. Research from Nick Bloom, a Stanford University economist who's studied remote work for nearly 20 years, and his colleague Alex Finan tracks a rise in split schedules for those who are remote. For those considering a foray into the split schedule, Maganas recommends giving it a try and seeing whether it affects stress levels.

☆ Dramas 'This is Going to Hurt', 'The Responder' lead BAFTA TV nominations
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] Cast members attend a premiere for season 2 of the television series The White Lotus in Los Angeles, California, U.S. October 20, 2022. REUTERS/Mario Anzuoni/File PhotoLONDON, March 22 (Reuters) - Medical comedy-drama "This is Going to Hurt" and police series "The Responder" led nominations for Britain's BAFTA Television Awards on Wednesday, receiving six nods each, while live coverage of Queen Elizabeth's Platinum Jubilee and her state funeral were also recognised. Liverpool-set police drama "The Responder" saw cast members Martin Freeman, Josh Finan, Adelayo Adedayo nominated in the leading actor, supporting actor and supporting actress categories respectively. Gary Oldman ("Slow Horses"), Chaske Spencer ("The English"), Cillian Murphy ("Peaky Blinders") and Taron Egerton ("Black Bird") complete the leading actor category. The BAFTA TV Craft awards take place on April 23, followed by the BAFTA TV Awards on May 14.

While remote workers are hitting the green on weekday afternoons, productivity isn't dropping. That's good news for leisure businesses and shows remote work has changed people's work structures. While some companies have called employees back to the office, Bloom doesn't think remote work is going anywhere. All those remote workers hitting the green doesn't necessarily mean people are working less. This will raise 'Golf productivity' — the number of golf courses played (and revenue raised) per course."

☆ Uganda declares itself Ebola-free after swiftly turning tide on outbreak
▼ + stars: | 2023-01-11 | by ( Elias Biryabarema | ) www.reuters.com time to read: +4 min

[1/3] Motorists and cyclists are seen at a traffic light intersection in Kabuusu area of the Lubaga division amid the Ebola outbreak in Kampala, Uganda November 16, 2022. "We have successfully controlled the spread of Ebola in Uganda," Health Minister Jane Ruth Aceng said during a ceremony to mark the outbreak's end. Aceng said this was Uganda's eighth Ebola outbreak since 2000, when the country recorded its first and most deadly one that killed more than half of the 425 people it infected. In the early weeks of the outbreak, cases spread beyond the epicentre of Mubende, 150 km (90 miles) west of the capital Kampala, to several other districts, including Kampala. Unlike the more common strain of the virus, Ebola Zaire, which has been behind several recent epidemics in neighbouring Democratic Republic of Congo, the strain behind Uganda's outbreak, Ebola Sudan, has no proven vaccine.

☆ DOC/ Patru candidați, admiși la proba interviului pentru funcția de administrator al Î.S. „Poșta Moldovei”: un fost angajat condamnat la închisoare, iar apoi achitat, dar și actualul director interima
▼ + stars: | 2021-05-07 | by ( ) www.zdg.md time to read: +7 min

În rezultatul examinării și evaluării dosarelor depuse, au fost admiși și preselectați pentru participare la interviu următorii candidați:Candidat nr. Anterior, acesta a fost director al Organizației de Atragere a Investițiilor și Promovare a Exporturilor din Moldova (MIEPO). Ulterior, în august 2019, Sergiu Cebotari a fost achitat de magistrații Curții de Apel Chișinău, sentința fiind casată total. Detalii aiciDupă captura făcută de SIS a fost iniţiat un dosar penal, iar mai târziu a fost constituită o comisie parlamentară, care să ancheteze contrabanda cu substanţe medicamentoase interzise. Între timp, Sergiu Cebotari a fost reţinut şi plasat în arest preventiv pentru că ar fi făcut uz de „muncă forţată”.

Persons: Serghei Cebotari, Vitalie Zaharia, Manea Ludmila, Cebotari Serghei, Zaharia Vitalie, Zaharia, Vasile Guțu, Igor Dodon, Sergiu Cebotari, Cebotari, Ludmila Manea, Anatolie Stațiuc Organizations: StarNet, Apel, SIS Locations: Poștei, Moldova, Bălți, Republicii Moldova, Moldovei, Leușeni, Apel Chișinău, Poștă Cimișlia, Basarabeasca, 16.02.2021

☆ China anunță că îşi creează propria monedă digitală
▼ + stars: | 2021-04-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Cu o mie de ani în urmă, când banii însemnau monede, China a inventat bancnotele. Versiunea Chinei privind o monedă digitală este controlată de banca centrală a ţării, care va emite noii bani electronici. Banii digitalizaţi ar putea reordona fundamentele lumii financiare, iar faptul că un stat autoritar şi rival al SUA este primul care lansează o monedă digitală naţională stârneşte îngrijorare în Washington. Acum, bancherii centrali ai lumii se tem că ceea ce Facebook a plănuit cu o monedă digitală poate fi acum realizat de China, cu un guvern puternic. La începutul acestui an, Banca Reglementelor Internaţionale (BIS) şi-a publicat ultimul studiu care indică faptul că 86% dintre cele 65 de bănci centrale cu care a discutat lucrează la o monedă digitală.

Persons: Beijingul, Facebook, yuan, Christine Lagarde Organizations: Street Journal, Mediafax, China, Facebook, americane, Massachusetts Institute, Banca Centrală Europeană, Banca Locations: China, Chinei, american, SUA, Washington, Wall, Massachusetts

☆ DOC/ Stamate îl contrazice pe Nagacevschi: „Cele 58 de milioane nu au fost salvate"
▼ + stars: | 2021-01-20 | by ( Milena Onisim | ) www.zdg.md time to read: +6 min

Consiliera prezidențială, Olesea Stamate, a anunțat miercuri, 20 ianuarie, că decizia Curții de Apel districtuale a SUA pe cauza Energoalians nu este în câștigul R. Moldova. Potrivit lui Stamate, Curtea de Apel a menținut decizia primei instanțe, doar că a solicitat primei instanțe să se expună dacă banii urmează a fi achitați în lei sau în dolari. „Spre regret decizia Curții de Apel districtuale a SUA pe cauza Energoalians nu este în câștigul Republicii Moldova. Din contra, Curtea de Apel a menținut decizia primei instanțe, doar că a solicitat primei instanțe să se expună dacă banii urmează a fi achitați în lei sau dolari. În textul deciziei se arată că, Curtea de Apel pentru Districtul Columbia (SUA) a menținut decizia primei instanțe.

Persons: Stamate, Ministrul Nagacevschi, Justiției, Sarnaţchi, Vitali Podvişevskii, Evans, . Organizations: Apel, Facebook, Justiției, Justiție, Uniunii Europene, Komstroy, Land Rover Locations: SUA, Moldova, Curtea, Columbia, Republica Moldova, Energoalians, Statelor Unite, Districtul Columbia, Paris, Franța, Ucrainei, Republicii Moldova, Rusia, Ucraina, fondată

☆ Compania ucraineană Energoalians a pierdut litigiul din SUA prin care R. Moldova trebuia să achite un prejudiciu de aproape 60 milioane dolari
▼ + stars: | 2021-01-19 | by ( Diana Severin | ) www.zdg.md time to read: +3 min

Curtea de Apel Districtuală a Statelor Unite pentru Districtul Columbia (SUA) a casat hotărârea primei instanțe prin care R. Moldova trebuia să achite un prejudiciu de aproape 60 milioane dolari SUA companiei ucrainene Energoalians (actual Komstroy). Anunțul a fost făcut de ministrul Justiției R. Moldova, Fadei Nagacevschi. Procesele judiciare au avut o durată excesivă, fiind declanșare în 2010, de către compania ucraineană „Energoalians” contra Republicii Moldova. Sarnaţchi a fost, la rându-i, partener de afaceri cu ucraineanul Vitali Podvişevskii la compania Transbud. Vitali Podvişevskii este şi unul dintre acţionarii ucraineni ai Moldindconbank, instituţie financiară din R. Moldova, cu 4,33%, fiind partener cu acelaşi Platon.

Persons: ., Justiției, Sarnaţchi, Vitali Podvişevskii, Evans Organizations: Justiției, Justiție, Uniunii Europene, Komstroy, Land Rover Locations: Statelor Unite, Districtul Columbia, SUA, Moldova, Paris, Franța, Republica Moldova, Ucrainei, Republicii Moldova, Rusia, Ucraina, fondată

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