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☆ 10 business leaders who spearheaded industry-transforming change in 2024
▼ + stars: | 2024-12-16 | by ( Business Insider | ) www.businessinsider.com time to read: +33 min

Business Insider's annual list of people transforming business highlights these leaders who work in media, finance, technology, transportation, and labor. AdvertisementAmazon's entertainment offerings help keep people subscribing to Prime, the free-delivery service that includes Prime Video and other benefits. Prime Video captured just 3.7% of TV viewing in November, well behind Netflix (7.7%) and YouTube (10.8%), per Nielsen. Still, since most people don't pay for Prime Video as a stand-alone service, it doesn't have the churn problem that dogs other streamers. AdvertisementAmazon cut hundreds of jobs across Prime Video and MGM Studios teams early in 2024.

Persons: that's, Cathy Engelbert, Leon Sinclair, Mike Hopkins, Lisa Miller, Miller, Pete Stavros, KKR's, Stavros, Arthur Sadoun, Groupe Publicis Groupe Sadoun, Sadoun, Leo Burnett, Tony, Tiger, Publicis, Don Draper, quoi, Omnicom, telco Orange, Les Bleues, Caitlin Clark, Angel Reese, Engelbert, Rome wasn't, didn't, there's, Fei, Fei Li, World Labs Greg Sandoval, Li, Justin Johnson, Christoph Lassner, Ben Mildenhall, Andreessen Horowitz, Nvidia's, —, Jensen Huang, Nvidia Tom Williams, ChatGPT, Huang, OpenAI's, Chris Malachowsky, Curtis Priem, Morris Chang, Jensen, Lebaredian, it's Huang, Preqin Preqin Sinclair, Sinclair, Preqin, Marin Gjaja, Ford, Gjaja, Hopkins, it's, Morgan Stanley, Brian Williams, Jennifer Salke's, Nielsen, Varkey, Mayo, Ranjit Kapila, Sallie Mae, Kapila, Eaton Vance, Aperio, Envestnet, we've, Lazard Organizations: Amazon's, MGM Studios, KKR, Apollo, Groupe Publicis Groupe, Groupe, Saatchi & Saatchi, Publicis Conseil, Labour, Epsilon, Interpublic, French men's national, team, Cancer, WNBA, ESPN, Deloitte, NBA, Canadian, World Labs, Princeton, Labs, AMD Ventures, Stanford University's Institute for, Sequoia Capital, Stanford, Google, Nvidia, University of Oregon, AMD, Taiwan Semiconductor Manufacturing Company, Loughborough University, England's Department of Health, Intercontinental Exchange, New York Stock Exchange, IHS, P, BlackRock, Ford Model, Ford, Boston Consulting Group, MGM Studios Prime, Amazon MGM Studios, Hopkins, NFL, Amazon, Ampere, Netflix, NBC, Sony Pictures Television, Hulu, MGM, Starz, Apple, Bloomberg, Prime, YouTube, Video, Mayo Clinic Health, Mayo Clinic, Mayo, Health, University of Minnesota, Yale New, Yale New Haven Health Northeast Medical, Department of Medicine, Preventive, Nasdaq, Citadel, Northwestern University, Franklin, Industry, Fidelity Locations: Preqin, Hawaii, Publicis, Rome, Taiwan, Rugby, England, Amazon, Minnesota, Wisconsin, Mayo, Rochester , Minnesota, Mayo's Rochester, Yale New Haven, Rochester

☆ A Gen X couple bought an abandoned house in Japan for $23,000. They're restoring it as part of their retirement plan.
▼ + stars: | 2024-12-16 | by ( Amanda Goh | ) www.businessinsider.com time to read: +11 min

NekoAshi Japan. NekoAshi Japan. NekoAshi Japan. NekoAshi Japan. NekoAshi Japan.

Persons: Deborah, Jason Brawn, Jason Brawn's, Australia —, Jason, We've, tinker, NekoAshi, There's, They've, we've, he's, Deb, we're, they've, You've, It's, Alex Shapiro, Sami Senoussi, you've Organizations: NekoAshi, Facebook, YouTube, Blackship Locations: Japan, Brisbane, Australia, NekoAshi Japan, Tokyo, Mitocho, Masuda, Hiroshima, Kyoto

☆ Bernie Sanders says Amazon's warehouse worker injury rates are far worse than the company lets on
▼ + stars: | 2024-12-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Sen. Bernie Sanders says Amazon's focus on speed leads to "uniquely dangerous" workplaces. In a new report, which Amazon disputes, Sanders says its injury rates are worse than it lets on. Only 40% of Amazon's warehouses have that number of workers, it said. The comparison is likely more favorable as "the injury rate for the subcategory of large warehouses is consistently higher than the overall injury rate for the entire warehousing industry," according to the report. The report attributed much of the elevated injury rates to Amazon's "obsession with productivity and speed," which it said drives workers beyond safe limits.

Persons: Sen, Bernie Sanders, Sanders, Jeff Bezos, isn't, We'll, Dominick Organizations: Health, Education, Labor, Amazon, Occupational Safety, Health Administration, US Bureau of Labor Statistics, Business

☆ All we want for Christmas is a better schedule for working parents. Four education and workplace experts share ideas for creating a system that actually works.
▼ + stars: | 2024-12-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

Experts would like to see more flexible work schedules and four-day workweeks. So, I reached out to four experts on the workplace, policy, and sociology to see how we can better align the schedules of working parents and kids. AdvertisementMake flexible work policies the normCourtney Murphy, founder and CEO of WorkWell People Solutions, would like to see flexible work arrangements become the norm. "The ideal scenario for working parents combines hybrid work with flexible hours, focusing on outcomes rather than time spent," Murphy said. In her ideal scenario, students would complete their education during four longer school days, which better aligns with parents' traditional 9-5 work schedules.

Persons: Courtney Murphy, —, Murphy, Joelle Moray, Melissa Loble, Loble, Margaret M, Quinlan Organizations: Veterans, WorkWell, Solutions, Employees, Health, Medical, University of North Locations: University of North Carolina, Charlotte, Australia, Japan

☆ Man arrested in the UAE after leaving negative Google review of his former employer set to spend Christmas in Dubai: report
▼ + stars: | 2024-12-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

A man from Northern Ireland looks set to spend Christmas in the UAE following his arrest. Craig Ballentine was arrested after posting a negative Google review about his former employer in Dubai, the BBC reported. A man from Northern Ireland who was arrested after posting a negative review about his former employer in Dubai looks set to spend Christmas in the United Arab Emirates after he was given a February court date, the BBC reported. AdvertisementCraig Ballentine, a Northern Ireland holidaymaker, was arrested in Abu Dhabi airport in October over a negative Google post about his former workplace — a dog grooming salon, the report said. After managing to get the ban lifted, Ballentine returned to Northern Ireland, where he wrote a Google review detailing the issues with his former employer.

Persons: Craig Ballentine, Ballentine's, Ballentine, Craig, Radha Stirling, Stirling, We've Organizations: BBC, United, United Arab Emirates, UAE Locations: Northern Ireland, UAE, Dubai, United Arab, Abu Dhabi, it's

☆ Affirm's COO shares one approach the remote-first company uses to build a 'high-performance culture'
▼ + stars: | 2024-12-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

However, one challenge of remote work is finding ways to get company culture to thrive. COO Michael Linford told BI about one approach he's using to get teams to work more effectively. Advertisement"We debate it all the time," chief operating officer Michael Linford told Business Insider. AdvertisementHowever, Linford said one persistent challenge is finding ways to get company culture to not only survive but thrive. A high-performance culture is never final, Linford told BI.

Persons: it's, Michael Linford, Linford, Max Levchin, Levchin, he's, They're, Max, Katarina Berg, Berg Organizations: Spotify, Apple, Google Locations: Austin , Texas

☆ Sen. Lindsey Graham says Hegseth has pledged to release accuser from confidentiality agreement
▼ + stars: | 2024-12-15 | by ( Jack Forrest | ) edition.cnn.com time to read: +3 min

CNN —Republican Sen. Lindsey Graham said Sunday that Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, promised to release the woman who accused him of sexual assault from a confidentiality agreement. Years later, Hegseth reached a settlement with the accuser that included a confidentiality clause. Graham, a South Carolina Republican, said the accuser would need to make her claims publicly for them to be considered. He said Hegseth’s legal team would consider bringing a civil lawsuit against the woman if Hegseth is not confirmed. Hegseth’s nomination appeared to be in jeopardy over the 2017 sexual assault allegation as even Trump’s allies in Congress expressed concerns.

Persons: Republican Sen, Lindsey Graham, Pete Hegseth, Donald Trump’s, Graham, NBC’s “, Hegseth “, ”, Hegseth, Tim Parlatore, Kavanaugh, We’ll, Brett Kavanaugh, Parlatore, CNN’s Kaitlan Collins, —, ” Parlatore, ” Graham, ” CNN’s Kaanita Iyer, Clare Foran, Manu Raju, Lauren Fox, Kristin Chapman Organizations: CNN, Republican, Press, Fox News, South Carolina Republican Locations: Washington

☆ Leaders who play favorites at work think it promotes excellence and healthy competition. It also breeds resentment.
▼ + stars: | 2024-12-14 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Some leaders, including Airbnb's CEO, argue that favoritism can nurture excellence. Beth Hood, the founder and CEO of leadership and management training platform Verosa Leadership, told BI that favoritism in the workplace "is a slippery slope." AdvertisementHood said that for individuals who are highly motivated by positive reinforcement, "being openly acknowledged can act as a powerful catalyst for continued high performance. Dilan Gomih, the founder and CEO of workplace performance and wellness consultancy Dilagence, told BI that words matter. Advertisement"It's always the team competition, the collaborative competition, that gets the organization the results we want," she said.

Persons: Brian Chesky, Fortune, That's, Chesky, Beth Hood, Hood, Leena Rinne, Rinne, It's, Gomih, I've, it's, Airbnb Organizations: Research, Stevens Institute of Technology, University of Illinois, Hang Seng University of Hong, Skillsoft, Harvard Locations: University of Illinois Chicago, Hang Seng University of Hong Kong, Scandinavian

☆ Klarna CEO says the company stopped hiring a year ago because AI 'can already do all of the jobs'
▼ + stars: | 2024-12-14 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +2 min

Klarna CEO Sebastian Siemiatkowski spoke about AI and the workforce. He said Klarna stopped hiring a year ago despite the company advertising jobs online. Klarna CEO Sebastian Siemiatkowski is all-in on artificial intelligence at the fintech company. During the interview, Siemiatkowski said Klarna stopped hiring last year. Klarna CEO Sebastian Siemiatkowski stopped hiring a year ago.

Persons: Sebastian Siemiatkowski, Siemiatkowski, Klarna, Nikos Pekiaridis Organizations: Bloomberg, McKinsey & Company

☆ Singapore workers are afraid to admit using AI at work, even as demand for AI talent surges
▼ + stars: | 2024-12-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

AI adoption is on the rise in Singapore, with 52% of workers in the country using the technology in their jobs, according to Slack's new Workforce Index. In Singapore, 52% of employees are using artificial intelligence in their jobs, according to Slack's Workforce Index, which in August surveyed over 17,000 workers across 15 countries, including 1,008 in Singapore. The demand for AI talent in the country has grown. But despite the fact that demand for AI talent has surged in Singapore, 45% of the employees in the country report feeling uncomfortable admitting to managers that they are using the technology for workplace tasks. For those who reported feeling that way, top reasons included the fear of being seen as "incompetent," "lazy" or "cheating," according to Slack's report.

Persons: Christina Janzer, , Slack Organizations: Workers, CNBC Locations: Singapore

☆ 6 signs you may be up for a promotion, according to an HR executive with 36 years of experience
▼ + stars: | 2024-12-13 | by ( Emma Magnus | ) www.businessinsider.com time to read: +5 min

Doolin said managers often give subtle signs that they are considering employees for promotion. AdvertisementEither way, here are six signs that you might be heading toward a promotion at work. AdvertisementTaking on extra responsibilityBeing asked to take on extra responsibility is another signal that you're eligible for a promotion. Asking for a promotionIf you're unsure whether you're up for a promotion, ask your boss directly. A promotion may not always be right for you, and you may not choose to accept one if it's offered.

Persons: Michael Doolin, Doolin, you've, it's Organizations: British Airways, PwC, DHL, Clover, Ford Motor Company Locations: PwC Ireland, DPD, Ireland

☆ Buckingham Palace maid arrested after drunken brawl at work Christmas party
▼ + stars: | 2024-12-13 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +2 min

CNN —Buckingham Palace is investigating after a member of staff was arrested at the end of a rowdy Christmas party. She reportedly smashed some glasses and turned on a member of the bar staff. A palace spokesperson told the BBC: “We are aware of an incident outside the workplace involving a number of Household staff who had previously attended an early evening reception at the Palace. A palace spokesperson confirmed the statement to CNN. “She was taken into custody and released the following evening having been given a penalty notice for disorder.”

Persons: “, ” Organizations: CNN, Police, Metropolitan Police, The Sun, CNN’s Royal, Management, BBC Locations: Buckingham, Victoria, London, Victoria Street

☆ BHP, Rio Tinto: Women take on mining giants in sexual harassment class action cases
▼ + stars: | 2024-12-12 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Brisbane, Australia CNN —Lawyers for women who claim they’ve been sexually harassed while working for global mining giants BHP and Rio Tinto say they’ve been inundated with emails since filing two class action cases in an Australian court. Saeed Khan/AFP/Getty Images‘Repeated sexual approaches’One case was filed against BHP and the other against Rio Tinto. BHP and Rio Tinto condemn behaviorClaims about the sexual bullying and harassment of women at Australia’s mine sites are not new – and in recent years both BHP and Rio Tinto have vowed to stamp it out. “We deeply regret and apologise unreservedly to anyone who has ever experienced any form of harassment at BHP,” a spokesperson said. “For many years, we have been focused on identifying, calling out and dealing with instances of disrespectful behaviour, including sexual harassment, racism and bullying,” the BHP statement said.

Persons: they’ve, JGA Saddler, Joshua Aylward, ”, groped, Aylward, “, Rio Tinto, Saeed Khan, urinated, Angela Green, Jo Stone, Green, BHP, ” “, Elizabeth Broderick, unreservedly Organizations: Australia CNN —, BHP, Rio Tinto, Court, CNN, “ BHP, Federal, Getty, Sex, ” Locations: Brisbane, Australia, Rio, Sydney, Perth, Western Australia, AFP, Queensland, New South Wales, Australia’s

☆ Year-end tax moves to make now
▼ + stars: | 2024-12-11 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

So if you have $10,000 in gains and $12,000 in losses, you won’t owe any capital gains tax on the $10,000, and you will be able to deduct $2,000 from your regular income. A traditional IRA can be funded with before-tax dollars (thereby reducing the money you have to pay income tax on for 2024). If you give them to a grandchild, their capital gains basis is the value of the shares the day they receive them. Whereas if you first sold the shares directly you’d owe capital gains tax on the $8,000 gain, leaving you with anywhere from 15% to 37% less in cash to give them, depending on whether the gain was short- or long-term and depending on your tax bracket. It is money that is exempt from income tax, as well as Social Security and Medicare taxes.

Persons: ”, Dan Snyder, won’t, it’s, hasn’t, Roth, you’re, You’re, Mari Adam, Adam, “ Organizations: CNN, ”, Tax Foundation, Social Security, IRS Locations: Massachusetts , Oregon, Rhode

☆ Rocket Lab's CEO says being paranoid at work is his superpower — but it can come at a huge cost
▼ + stars: | 2024-12-11 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

Rocket Lab CEO Peter Beck views paranoia as a leadership superpower. Experts warn Beck's mindset may lead to burnout and a toxic work environment. AdvertisementThe founder and CEO of the aerospace company Rocket Lab told CNBC in an interview that going home and sleeping soundly every night "just doesn't seem a tangible possibility." "Rocket Lab will never have the capital that Jeff and Elon have," Beck told Bloomberg News in an interview. Lamb told BI that leaders who are always anxious about the next misstep may lose sight of their own well-being.

Persons: Peter Beck, Peter Beck doesn't, Heather Lamb, Beck, Elon Musk, Jeff Bezos, Elon, you've, Edel Holliday, Quinn, Breese Annable, Lamb, Annable, Holliday Organizations: Rocket, Rocket Lab, CNBC, Forbes, Elon, SpaceX, Jeff, Bloomberg News, Citi

☆ Marc Benioff says Big Tech's 'excessive' AI spending is a 'race to the bottom'
▼ + stars: | 2024-12-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Marc Benioff said some of its rivals are in "a race to the bottom" with "excessive" AI spending. AdvertisementSalesforce's CEO says the company isn't spending as lavishly on AI as some of its tech peers — and he isn't worried about falling behind. Instead, Marc Benioff says the company will capitalize on the vast AI spending gap between it and some of its competitors and avoid a "race to the bottom." Benioff said some of Salesforce's competitors were "excessive" with their AI spending and "it's becoming a race to the bottom for some of these companies." He also highlighted that some have invested in nuclear energy and nuclear power plants.

Persons: Salesforce, Marc Benioff, —, Kara Swisher, Einstein, it's, Benioff, Kairos Power, Meta, Aravind Srinivas Organizations: Amazon Web Services, Google, Meta, Microsoft, Kairos Locations: Stanford

☆ Elon Musk and Jeff Bezos Are Trying to Kill PowerPoint. Good Luck.
▼ + stars: | 2024-12-10 | by ( Matt Alston | ) www.businessinsider.com time to read: +14 min

Because you've seen hundreds of PowerPoint presentations since your sixth-grade science-fair days, you instinctively know this one's going to take the full hour. Nearly four decades after the launch of PowerPoint, the slide deck remains one of the most dominant forces shaping how we think — and don't think — about our work. Jeff Bezos, Elon Musk, Sundar Pichai, and military top brass have been bad-mouthing and even banning slide presentations from meetings, instead favoring memos or even old-fashioned, visual-aid-free, raw-dogged discussion. Microsoft estimated that 30 million PowerPoint presentations were being made every day. AdvertisementI hate the way people use slide presentations instead of thinking.

Persons: YYou've, It's, you've, Jeff Bezos, Elon Musk, Sundar Pichai, Edward Norton —, —, Norton, Nick Cogan, Steve Jobs Christina Farr, it's, — it's, there's, Edward Tufte, PowerPoint's, Tufte, what's, Steve Ballmer, Steven Ferdman, Steve Jobs, I've, Gilboa, I'm, Zeck, Robert Wolfe, Jeffrey, Edward Norton, they'd, Wolfe, PATRICK T, FALLON, Floyd, Olive, Jennifer Egan's, Egan, Alison Blake's, we're Organizations: Microsoft, Space Shuttle Columbia, Amazon, Los Angeles Clippers, Google, Getty, Space Corporation, Bravo, Goon, NASA Locations: Zeck, OpenAI, BarkBox, storytime, Aviv, Gilboa, CrowdRise

☆ My son changed his college major from law to philosophy. Other parents warned me it was a huge mistake, but I support him.
▼ + stars: | 2024-12-09 | by ( Ash Jurberg | ) www.businessinsider.com time to read: +4 min

Other parents told me it was a huge mistake, but my own college experience taught me otherwise. AdvertisementMy twin 18-year-old sons have just graduated from high school, and we've spent months navigating the college application process. AdvertisementWhile Thomas has been set on his choice for a long time, his twin, Charlie, has been more indecisive and unsure. Charlie's journey started in a law firm but took an unexpected turnIn 10th grade, he interned at a friend's law practice and seemed destined for law school. While a few parents agreed with allowing Charlie to choose, most parents were shocked by our permissive approach.

Persons: we've, Thomas, Charlie, —, Jerry Maguire Locations: Australia

☆ Meet David Sacks, member of the 'PayPal Mafia' and Trump crypto czar
▼ + stars: | 2024-12-09 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +7 min

Sacks will be Trump's crypto and AI czar, boosting Silicon Valley's place in the administration. After graduating from Stanford, Sacks attended law school at the University of Chicago. Now, Sacks is considered a member of the elite "PayPal Mafia," along with Thiel, Elon Musk, and LinkedIn co-founder Reid Hoffman. After leaving PayPal, Sacks pursued a brief stint in Hollywood and produced Thank You for Smoking, a 2005 satirical film that was nominated for a Golden Globe. On December 5, Trump announced that Sacks will serve as his AI and crypto czar, to the delight of some Silicon Valley execs.

Persons: Sacks, he's, Elon Musk, Peter Thiel, David Sacks, Donald Trump's, Thiel, ANDREW CABALLERO, REYNOLDS, I'm, Confinity, Reid Hoffman, Mark Zuckerberg's, Thiel's Palantir, SpaceX, Patrick McMullan, Hillary Clinton, Trump, Sen, Mitt Romney, Robert F, Kennedy Jr, Ron DeSantis, JD Vance, Sack, he'd, Musk, David, White, he'll Organizations: Stanford, PayPal, Venture, Craft Ventures, Stanford University, University of Chicago, PayPal Mafia, McKinsey, Thiel, eBay, LinkedIn, Times, Globe, Microsoft, Mark Zuckerberg's Facebook, Getty, Florida Gov, Trump, San, Republican National Convention, Truth Social, Big Tech, Reuters, White, Bloomberg, Securities and Exchange, Wall Street Locations: South Africa, Cape Town , South Africa, Tennessee, Hollywood, Silicon Valley, America, Valley

☆ Company Holiday Parties Are Coming Back. That's Good News for Gen Z.
▼ + stars: | 2024-12-09 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +10 min

AdvertisementI've never experienced a company holiday party like it since. (When I asked how many holiday parties he booked in a typical season, he said only "many.") "It was a late night, and I've never experienced a company holiday party like it since." Hadley said the Christmas-specific focus of many company holiday parties could be alienating to workers who follow non-Christian religious traditions. Well-planned company holiday parties, on the other hand, can be a boon to employees' overall work experience and even strengthen company culture.

Persons: —, Scrooge, I've, Baruch Labunski, Bora, Labunski, Danielle Kane, they'd, Constance Noonan Hadley, Hadley, Rick Hermanns, Hermanns, Z, COVID —, Hubert Palan, it's Organizations: Challenger, USA, Wall Street, Berlin, Company Locations: Manhattan, Toronto, Bora Bora, Palawan, Ibiza, New York City, Berlin, midsize, Los Angeles

☆ Meet Kevin Weil, the Man Turning Sam Altman's Visions Into Reality
▼ + stars: | 2024-12-07 | by ( Melia Russell | Rob Price | ) www.businessinsider.com time to read: +14 min

The event, the AI infrastructure conference Ray Summit, had originally booked OpenAI's chief technology officer, Mira Murati, to speak. If Sam Altman is the starry-eyed visionary of OpenAI, Weil is its executor. That includes Weil, a relative OpenAI newcomer who joined in June and rapidly became one of its most notable ambassadors. Former colleagues say Kevin Weil was key to turning Twitter into a crucial arena for advertisers. That's far from the only struggle the product chief faces.

Persons: Kevin Weil, OpenAI, Weil, Robert Nishihara, Ray Summit, Mira Murati, Sam Altman, Altman, He's, James Everingham, Sarah Friar, OpenAI's, Adam Bain, Everingham, Underwood, Slack, Elizabeth, Ashley Johnson, Brian Ach, TechCrunch Weil, Katie Jacobs Stanton, Kevin Systrom, Snapchat, Systrom, Instagram, Vox, Dario, Daniela Amodei, Ilya Sutskever, Aravind Srinivas, Mira Murati's, Patrick T, Fallon, Jacobs Stanton, Horacio Villalobos, Corbis, Weil's, he's, there's, Niko Felix, Felix, Melia Russell Organizations: Marriott Marquis, Apple Watch, Ray, Facebook, Twitter, Planet, TechCrunch, CNBC, Meta, Wired, OpenAI, The New York Times, Ray Summit, Silvergate Bank, Getty, LinkedIn, Business Locations: downtown San Francisco, OpenAI, Instagram, Silicon Valley, California, Portola Valley, Central, ., Murati, ChatGPT, Seoul, Tokyo

At 4.1%, the unemployment rate remains historically low. (For context: The unemployment rate never dropped below 5% in the 1970s or the 1980s.) Expectations were for the unemployment rate to have climbed from 4.1% to 4.2%, with 214,000 jobs added. “With the current jobs market cooling down quite a bit from the Great Resignation, and with inflation, people don’t feel secure making the leap” to new roles, Wigert said. Not all economists agree that the U.S. labor market is experiencing unusual tensions — and what frictions do exist have, in certain cases, immediately identifiable causes.

Persons: Dan Hevia, ” Hevia, Hevia, “ I’m, ”, Guy Berger, “, ” Berger, what’s, Gallup, Ben Wigert, Wigert, they’re, Kamala Harris, Donald Trump, Harris, Trump’s, Wells, Goldman Sachs, Thomas Ryan Organizations: New, NBC News, Labor Statistics, of Labor Statistics, Glass, Gallup, ”, Biden, Trump, Capital Economics, Vanguard, “ Locations: New York City, U.S

☆ Retirees are less satisfied—make 2 key moves now to be happy later, says researcher: 'It all comes back to preparation'
▼ + stars: | 2024-12-06 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Retirees report lower levels of well-being than they did four years ago, according to a recent survey from the Employee Benefits Research Institute. As rampant inflation has eaten into retirees' spending power, for instance, a much larger portion of them, 68%, report having outstanding credit card debt. But in many cases, retirees are realizing that they didn't plan as well as they could have. Enroll in your workplace retirement account and stay thereHigh standard of living and satisfaction in retirement are both highly correlated with participation in workplace retirement plans, EBRI's data shows. None of which is to say that changing jobs will hurt your chances at a happy retirement.

Persons: program's, Bridget Bearden, you've, Jack VanDerhei, Bearden Organizations: Research, Social Security, Morningstar, CNBC

☆ Jeff Bezos' simple 3-step strategy for Amazon's success can help you become a 'big leader' too
▼ + stars: | 2024-12-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

"Big leaders have to identify big ideas," said Bezos, who has an estimated $234.9 billion net worth. "They have to enforce tough execution against those big ideas and they need to grow the next generation of leaders." Effective leaders care about propelling projects and their employees, not necessarily themselves, to success, Grant said. Their big common goal right now is artificial intelligence, Bezos noted — including Nova, Amazon's generative AI model that was released on Tuesday. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Jeff Bezos, Bezos, Adam Grant, Grant, that's, Andy Jassy, We're Organizations: New York Times, CNBC, Wharton School, University of Pennsylvania

☆ Billie Eilish says her childhood obsession with Brandy Melville contributed to body-image problems as a preteen
▼ + stars: | 2024-12-06 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

AdvertisementBillie Eilish says she developed body image issues after a preteen obsession with Brandy Melville. Billie Eilish says she developed body image issues as a tween because of her obsession with the one-size clothing brand Brandy Melville. "But when I got to be about 11, I got obsessed with this brand called Brandy Melville. Brandy Melville did not offer any comment to BI in 2021 in response to the allegations. Representatives for Eilish and Brandy Melville did not immediately respond to requests for comment sent by Business Insider outside regular hours.

Persons: Billie Eilish, Brandy Melville, she's, Eilish, Kate Taylor, George — Organizations: Eilish, Business Locations: California, St, Santa Monica , California

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