DIRS.INFO The most relevant business & tech news

☆ Miu Miu is hot right now — and Prada's chic sibling is helping it buck the luxury slowdown
▼ + stars: | 2024-10-31 | by ( Maria Noyen | ) www.businessinsider.com time to read: +3 min

This was largely due to the success of its sister brand, Miu Miu. AdvertisementPrada Group is defying the luxury slowdown thanks to its Miu Miu brand. Miu Miu products, like its micro skirt, have a cult following among Gen Z consumers. Related stories"Likewise, Miu Miu would probably not be experiencing this type of growth today if it hadn't been part of a larger group," Bonini added. In a note to clients on Wednesday, Bernstein analyst Luca Solca said that the brand's current trajectory "confirms our view that the market is underappreciating the growth that Miu Miu can generate in the next 12 to 18 months."

Persons: Miu Miu, —, Kering, Miuccia Prada, Emily Ratajkowski, Hunter Schafer, Hailey Bieber, Blanca Zugaza Escribano, execs, Andrea Guerra, Prada, Andrea Bonini, Miu, Bonini, Bernstein, Luca Solca Organizations: Prada, Service, Hermès Locations: China

☆ The chicken sandwich wars are over. Make way for the chicken tender battle.
▼ + stars: | 2024-10-26 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +7 min

As the "chicken sandwich wars" that dominated the industry in the early 2020s cool off, chains are now preparing for the chicken-tender battle. AdvertisementChicken is a huge area of opportunity for fast-food brandsThe release of Popeyes' iconic chicken sandwich kicked off the chicken sandwich wars. It released a new recipe for its original chicken tenders on October 18, hoping to spark what the chain called the "chicken tender battle." KFC launched a new style of chicken tenders it hopes will start the "chicken tender battle." As chicken tenders gear up for a takeover, chicken sandwich wars are already yesterday's headlines.

Persons: —, Gen, Irene Jiang, Gen Z, Popeyes, Burger King, Cane's, Catherine Tan, Gillespie, Erin McDowell, McDonald's, Hollis Johnson, George Felix, Felix, Chipotle, Perdue, It's Organizations: KFC, Service, Business, Restaurant Business, Revenue Management Solutions, Bloomberg, Cane's KFC, New York, Wine, Food Festival Locations: Manchester , New Hampshire, Burger, coleslaw, Texas

☆ Urban Outfitters admits it doesn’t know how to sell to Gen Z. Now it wants to pull off an Abercrombie-like turnaround
▼ + stars: | 2024-10-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Urban Outfitters, the young adult retailer known for its alternative, vintage-inspired styles, learned this the hard way. Urban Outfitters is now staging a turnaround, with the ambition of finding the success of rivals like Abercrombie & Fitch. But while Urban Outfitters may be trying to pull off a turnaround at the same scale is Abercrombie’s, the action points of both differ. Urban Outfitters, meanwhile, has maintained its youthful appearance without doing enough to market toward the high schoolers and college students of today. Urban Outfitters did not return a request for comment on the marketing strategy behind the lower prices.

Persons: ” Shea Jensen, Jensen, —, ” Simeon Siegel, “, ” Siegel, Brandon Bell, Fitch, Jacqueline Babb, Abercrombie, ” Jensen, Urban, Z, Price Organizations: New, New York CNN, Gen, Urban Outfitters, Abercrombie, Fitch, Urban Outfitters Brand, Free People, BMO Capital Markets, Getty, Urban, Northwestern University, CNN, Netflix Locations: New York, millennials, North America, Barton, Austin , Texas, today’s

☆ Boomers Regret Not Taking Sick Days, Time Off From Work Like Gen Z
▼ + stars: | 2024-09-25 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

"I was sort of raised that you do a hard day's work and you're honest, and things will work out for you — it's a two-way street between you and your employer," he says. After publishing the article about Gen Z's predisposition to take time away, I got a lot of feedback from older generations. Some of it was predictable "the kids these days" complaints lamenting that nobody wants to work nowadays, that work ethic has disappeared, etc. "When you work for yourself, you're working for one of the biggest jerks you've ever worked for," he said. None of the boomers I talked to was in favor of people calling out of work willy-nilly.

Persons: Ron Sherman, Sherman, Gen, youngs, wasn't, Zoomers, who's, they're, It's, millennials, David Johnston, Johnston, You've, he'd, There's, Dave Kotwitz, Kotwitz, Charlie Stuart, He'd, David Vequist, Paul Miola, Miola, boomer, Xers, Chris Woods, they'd, Woods, that's, willy, nilly, it's, you'd, Emily Stewart Organizations: American, Silvis, Business Locations: Wisconsin, Texas, Charlotte , North Carolina

☆ Most Gen Z Brits want to 'be their own boss' — but one expert says they'll face a reality check
▼ + stars: | 2024-09-13 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Gen Z is increasingly proving to be the entrepreneurial generation, with the majority wanting to set up their own business — but one expert warns it might not be as straightforward as they think. In contrast, just over a third of Gen X and Boomers said there were fewer opportunities to start their own businesses when they were young because of pressures to pursue traditional education and career paths. Gen X were born between 1965 and 1980, while baby boomers were born following World War II, between 1946 and 1964. "Gen Z is proving to be the most entrepreneurial generation yet, and it's no coincidence," Sam Jones, Dragon's Den star and founder of Gener8, said in the survey. "Instead, entrepreneurship appeals to Gen Z as it offers more control over their work and life, opportunities for innovation, and the potential to leverage their technological skills.

Persons: Z, —, X, Gen X, Sam Jones, Dragon's, Gener8, they've, They're, –, Dan Schawbel, Alexis Firment, they're, Schawbel, Gen Organizations: Santander UK, Boomers, Workplace Intelligence, CNBC Locations: Ohio

☆ Queer community platform Lex lays off staff as it charts an uncertain path forward
▼ + stars: | 2024-07-17 | by ( Sydney Bradley | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Read previewLex, a social network that helps people find and build queer communities in their cities, has laid off most of its staff. "We're committed to building Lex to be a thriving social app for LGBTQ+ community," Lewis said in a written statement. AdvertisementLike many other newer social-media platforms, Lex has been experimenting with ways to monetize its product. In June, Lex announced its "Team Gay Agenda" campaign to raise funds from its users via recurring monthly pledges and told users that the "Lex community is at risk." "With the well documented demise of queer spaces, our number one priority will always be making sure our community has space to thrive on Lex," Lewis added.

Persons: —, Kel Rakowski, Jennifer Rhiannon Lewis, Lewis, Rakowski, We're, Lex, Gen Z Organizations: Service, Business, Gen

☆ 'It's easier than ever to make money in your spare time,' economists say: Inside the rise of the American side hustle
▼ + stars: | 2024-07-12 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Usually, after a financial crisis, people spend less money and fewer new businesses launch. Welcome to the age of the side hustle, where Americans are increasingly devoted to finding extra money to spend. Here's why so many people have side hustles right now, and why economists say they're probably here to stay. For roughly half of Americans with side hustles, the extra money isn't for fun: It's a necessity, driven by financial uncertainty. $250 per month is "by no means enough to live on, [but] it's a nice amount of money," Rossman says.

Persons: Z, Kayla Bruun, Ted Rossman, Bankrate, Rossman, Bruun, Shonnita Leslie, Leslie, millennials, Gen Zers, It's, it's, Taylor, Nich Tremper Organizations: CNBC, Student, DoorDash Locations: U.S, millennials, America, Texas

☆ Gen Zers don't know how to flirt. Experts say it could make dating better.
▼ + stars: | 2024-07-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

The popularity of online dating has grown steadily over the past six years. According to the online data platform Statista, the online dating industry was worth $1.89 billion in 2019 and is predicted to grow to $3.15 billion in global revenue by the end of 2024. However, it's worth noting that the fall of traditional flirting isn't entirely dependent on the rise in digital dating. According to Paruolo, Gen Zers have a greater understanding of their preferences and boundaries when dating compared with other generations, which means they are more likely to form real emotional connections. Advertisement"There is a new form of digital flirting that is also more suited to Gen Z's communication style and preferences," she said.

Persons: —, Nikki Sanjongco, Daysia Tolentino, Sanjongco, Eimear Draper, Draper, wasn't, Maxine Williams, Thomas Barwick, Railey Molinario, Young, Molinario, Williams, Eventbrite, Briana, Paruolo, Gen, Gen Zers Organizations: Service, NBC News, Business, NBC, Survey Center, BI, Par Therapy Locations: Los Angeles, Par

☆ Younger generations of Asians are spending big on art
▼ + stars: | 2024-06-28 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +4 min

Younger, wealthy shoppers in Asia are splashing their cash on art, according to a longtime collector and senior auction house executive. Chen Yongnuo | China News Service | Getty ImagesAnd, while the size of the global art market fell 4% last year to around $65 billion, according to the Art Basel & UBS Art Market Report 2024, sales in China rose by 9% in 2023, overtaking the U.K. as the world's second-largest art market. For Sotheby's, the rise in younger buyers is driven in part by an increase in online activity. "The definition of digital art nowadays has been expanded from simply photography to video art to NFTs to AI-generated art," she told CNBC's "Art of Appreciation." "With the younger generations becoming more and more prominent in the market ... digital artists ... will be the group of artists getting more attention," Siyang-Le added.

Persons: Nicolas Chow, Gen X, we've, X, Chow, CNBC's, Z, Gen, Yoshitomo Nara, Chen Yongnuo, Clare McAndrew, Angelle, Mak2, Li Zhihua Organizations: …, —, Art Basel, UBS Survey, China News Service, UBS Art, Arts Economics, Survey, Art, CNBC's, Getty Locations: Asia, Shanghai, millennials, Christie's Hong Kong, Sotheby's Hong Kong, China, Hong Kong, Art Basel Hong Kong

☆ Retirement 'super savers' tend to have the biggest 401(k) balances. Here's what they do differently
▼ + stars: | 2024-06-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to live on. But some workers — called "super savers" — are managing to successfully grow their retirement nest eggs. Super savers are workers who are putting away more than 10% of their salaries toward their retirement plans, according to new research from nonprofit Transamerica Institute and its division Transamerica Center for Retirement Studies. The rest, 44%, have reached super saver status — with 15% of workers putting 11% to 15% of their annual pay toward retirement, Transamerica said. Notably, the youngest cohort — Generation Z — has the most super savers, with 53%, followed by millennials and baby boomers, each with 44%, and Generation X, with 40%.

Persons: —, Transamerica, millennials, Ted Jenkin, Jenkin Organizations: Transamerica Institute, Transamerica, Retirement Studies, CNBC, Finance, Social Security Workers Locations: Atlanta

☆ More millennials are financially secure than you think, and some are stepping in to support parents and older family members
▼ + stars: | 2024-06-17 | by ( Sophia Acevedo | ) www.businessinsider.com time to read: +5 min

Younger generations sometimes rely on family for financial support, but the opposite is also true. Gomez liquidated his assets and gave money to his dad to help pay off the loans. Hughes also sets aside some money each year for a fund to help other family members. "I would fund an account at the beginning of the year, and then if anyone in the family asked me to borrow money, it would come out of the family fund," Hughes said. "If they paid it back, it would go back into the family fund," Hughes said.

Persons: Millennials, —, Zers, they're, Jose Gomez, Gomez, Steven M, Hughes, he's, Z, Britni, Cartwright, wasn't, She's Organizations: Service Locations: United States

☆ No more bus tours for China's rich millennials — they're seeing the world on their own
▼ + stars: | 2024-06-08 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +5 min

Read previewRich millennials in China are experiencing world travel in a very different way from their parents. These tours offered a safer and more accessible way to explore new destinations, Elisa Harca, CEO of consultancy firm Red Ant Asia, previously told Business Insider. New technology has made solo travel much less dauntingSocial media platforms like Xiaohongshu are the go-to place for local travel tips. BORIS HORVAT/Getty"They're a lot more used to being tourists,'' Jack Porteous of China-focused consultancy firm Tong Global told Business Insider. The rise of social media platforms for travel has also spurred the accessibility of solo travel.

Persons: —, Elisa Harca, Ant Asia, — millennials, Z, BORIS HORVAT, Jack Porteous, Tong, China's, Sally Maier, Yip, Porteous, Mark Kolbe, Getty, Maier, they've Organizations: Service, Business, Tong Global, Consulting Locations: China, China ., Europe, glamping, Inner Mongolia

☆ Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership
▼ + stars: | 2024-05-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But things might not be as bad for Gen Z as they seem. Members of Gen Z are projected to spend more on housing costs like rent, mortgages, insurance, and utilities after inflation between the ages of 22 and 30 than millennials did, a recent RentCafe analysis found. Related storiesYet Gen Z's typically higher earnings mean they'll only spend an estimated 30% of their income on housing compared to 36% for millennials. AdvertisementSuccess may be short-livedIt's worth digging into why Gen Z is doing well financially.

Persons: —, Gen Z, Z, boomers, Gen, millennials, They've, lockdowns, Zeds Organizations: Service, Business, Reserve, millennials

☆ Forget Recession, New York City Is Entering a Wild New Gilded Age
▼ + stars: | 2024-04-04 | by ( Linette Lopez | ) www.businessinsider.com time to read: +16 min

In a country roiled by recession worries, those at the top of New York City — for better or worse — couldn't give a single gilded shit. For New York City, a brush with death called for a time of decadence. "New York City's restaurants and bars are experiencing an uneven pandemic recovery nearly four years after COVID-19 struck our city," Andrew Rigie, the executive director of the New York City Hospitality Alliance, said. AdvertisementIf a pandemic can't defeat New York City, a little inflation certainly isn't going to do it. And what that looks like is the affluent in New York City eating caviar, and poorer Americans eating cereal.

Persons: Steve Jobs, it's, Jennifer Saesue, Saesue, Fish Cheeks, Z, bistros, James Murphy, us Carbone, Casas — Cruz, Cipriani, Jean, Georges Vongerichten, Bongo, Andrew Rigie, Corey Mintz, we're, WK Kellogg, Gary Pilnick, Gary Pilnick's Organizations: Grand Prospect Hall, New, New York City, Apple, Mastercard, Chefs, Casas, Soho House, Bangkok Supper, Village, IBA, Hospitality Alliance, Nationwide, National Restaurant Association, Nasdaq, The University of Michigan Consumer, UBS, New York Locations: New York City, New York, Rome, Xinjiang, New, Manhattan, Coqodaq, Las Vegas, York, Bangkok, Hell, TouchBistro, Brooklyn, The Bronx

☆ Beyoncé's country songs are bringing new listeners to the genre, boosting streams for Black artists
▼ + stars: | 2024-03-16 | by ( Micah Washington | ) www.cnbc.com time to read: +8 min

While some music critics praised Knowles' country tracks, other fans of the genre refrained from a warm welcome. Beyond just radio, Black artists and artists of color represented less than 4% of country songs played on the radio, airplay, charting songs, artists signed to major labels and award nominations, according to SongData. One such fan, Tenley Patterson, 26, said she didn't bother listening to country music before Beyoncé's releases, but was impressed with the country tracks. Rachel Whitney, head of editorial for the Nashville team, said playlists outside of the country genre are playing Knowles' country tracks, broadening its reach. The Beyoncé draw is also boosting exposure for other artists on some lists, like Lainey Wilson and Cody Johnson, who have more "traditional" country songs, Whitney said.

Persons: Beyonce, James Devaney, Cowboy Carter, Beyoncé Knowles, Tanner Adell, Mickey Guyton, Reyna Roberts, Knowles, Alice Randall, Randall, —, Rhiannon Giddens, hasn't, Jocelyn Neal, Maren Morris, Luke Combs, Kacey, Lil Nas, Nas X, Tim Mosenfelder, Neal, Knowles —, Taylor Swift, Beyoncé, George Bush, Tenley Patterson, I've, Patterson, It's, there's, Z, Rachel Whitney, Lainey Wilson, Cody Johnson, Whitney, Kevin Mazur Organizations: Scott, New York, Spotify, The New York Times, Radio, University of North, NBC, Houston, CMA, Republican, Nashville, Crypto.com Arena, The Recording Academy Locations: Brooklyn, New, New York City, U.S, Texas, an Oklahoma, University of North Carolina, San Francisco , California, Iraq, Los Angeles , California

☆ Russia’s war machine is trying to turn Ukrainian teenagers into soldiers
▼ + stars: | 2024-03-14 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +14 min

The Ukrainian teenager was given a Russian passport and sent to a Russian school. And then, in the fall of 2023, not long before his 18th birthday, he received a summons from a Russian military recruitment office. Russia has publicly acknowledged the transfer of Ukrainian children without guardians, despite some having guardians or parents. All Ukrainian teenagers held in Russia, when they turn 18, they are put on a (recruitment) list of Russian military,” told CNN. “It’s a Russian strategy to turn Ukrainian children into Russian children and militarize them.

Persons: Bohdan Yermokhin, Vladimir Putin, who’s, ”, Yermokhin, Ivana Kottasova, Putin, Rights Maria Lvova, Dmytro Lubinets, “, ” Bohdan Yermokhin, Lubinets, ” Lubinets, ” Yermokhin, Lubinets —, Mariupol, ’ ”, Belova, Mykola Kuleba, Filip, ” Yermohkin, Kuleba, It’s, Artem, Russia …, ” Artem Organizations: Ukraine CNN —, CNN, Criminal Court, ICC, Russian, Rights, International Committee, Human Rights Watch, Ukraine, “, Lvova, National Guard, Save Locations: Kyiv, Ukraine, Ukrainian, Mariupol, Moscow, Russian, Russia, Geneva, Chechnya, Kharkiv, Luhansk, Save Ukraine, Belarus, Crimea, Qatar

☆ I shopped like Gen Z and saved $456 on dupes I found at Five Below
▼ + stars: | 2024-03-06 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +1 min

The discount store Five Below is known for its "dupes" or duplicates of high-end products. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Its cheap products align with the dupe culture that's popular among Gen Z. Dupes — short for the word "duplicates" — look like high-end products but have much lower price tags. As Business Insider's Jennifer Ortakales Dawkins put it, Gen Z "prefers knockoffs more than other generations" and is obsessed with getting things at a bargain. I'm technically a Zillennial — falling between millennials and Gen Z — so I took inspiration from younger shoppers on a recent visit to Five Below.

Persons: —, Z, Jennifer Ortakales Dawkins, I'm Organizations: Service, — Locations: Pennsylvania, millennials

☆ This flying-car startup that's backed by SpaceX has almost 3,000 preorders
▼ + stars: | 2024-03-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Alef Aeronautics said it's received over 2,850 reservations so far for its $300,000 flying car. The Silicon Valley startup is backed by Elon Musk's SpaceX. A $300,000 flying car known as the Model A is in the works at Alef Aeronautics, and the SpaceX-backed Silicon Valley startup said it's gotten over 2,850 preorders. Alef Aeronautics is set to begin deliveries in Q4 of 2025. The Model A was the first flying car to receive approval for test flights from the Federal Aviation Administration in July.

Persons: it's, Elon Musk's, —, Jim Dukhovny, Alef Organizations: Aeronautics, Elon Musk's SpaceX, Service, Alef Aeronautics, SpaceX, CNBC, preorder, Federal Aviation Administration Locations: preorders

☆ Declining boomer ownership will free up 9.2 million homes by 2035, Freddie Mac says
▼ + stars: | 2024-02-28 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

Declining boomer ownership will free up 9.2 million homes by 2035, a Freddie Mac report found. The 32 million homes owned by boomers will drop to 23 million by 2035, when the oldest members of the group are pushing 90. A new report from Freddie Mac estimates that declining homeownership for the group will free up 9.2 million homes by 2035. The generation accounts for about 21% of the total US population, but they own 38% of American homes, Freddie Mac found. The 32 million homes owned by the generation as of 2022 will drop to 23 million in 2035, when the oldest boomers will be close to 90 years old.

Persons: Freddie Mac, —, Meredith Whitney Organizations: Service, American Consumer Survey

☆ Opinion | Toxic Beauty Standards Can Be Passed Down
▼ + stars: | 2024-02-24 | by ( Alexandra D Amour | ) www.nytimes.com time to read: +2 min

Our generation came of age during the ’90s toxic diet culture. Millennials weren’t taught to fear aging; we were taught to fear fat. And if you had a mother who internalized diet culture and projected it onto her children, the damage could also happen from within the family. Researchers have found that mothers who encourage weight loss or food restriction or even express dissatisfaction with their body weight may lead to their daughters’ becoming more likely to have eating-related problems. As my generation grew up and became more conscious of the impacts of diet culture, we began to openly celebrate and encourage body positivity.

Persons: Millennials weren’t, Z, —, I’ll Organizations: Walgreens

☆ The 22 music artists with the most Grammy Awards of all time
▼ + stars: | 2024-02-05 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: 1 min

Jay Z — 24 winsJay-Z at the 2013 Grammys. Jason Merritt/Getty ImagesThe rapper-mogul won his first Grammy in 1999 for best rap album for "Vol. 2 … Hard Knock Life." In 2024, he was presented with the Dr Dre Global Impact Award (which does not count toward his official total). Jay-Z has received 88 nominations in total, tied with Beyoncé for the most in history.

Persons: Jay Z, Jay, Jason Merritt, Dr Dre, Beyoncé Organizations: Getty, Dr

☆ Shein rejects Amazon 'clone' talk as it prepares for U.S. listing
▼ + stars: | 2024-01-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Chinese-founded online retail giant Shein is not positioning itself as an Amazon "clone," the company told CNBC, as it prepares for a U.S. public listing later this year. But that expansion will vary from market to market, and skew heavily toward Generation Z — born between the late 1990s and early 2000s — and younger Millennial consumers, who were born between the early 1980s and late 1990s. "I don't see us an an Amazon clone per se," Pernot-Day said at the World Economic Forum in Davos, Switzerland. "So, product categories vary across these markets. But the core point is that being receptive and responsive to Generation Z, younger Millennial shoppers, is something that leads to growth," he added.

Persons: Peter Pernot, —, Inditex Organizations: CNBC, Economic Locations: U.S, Davos, Switzerland, The Singapore, Zara

☆ A 21-year-old went viral at a 'Shark Tank' casting call for her phone case organizer that viewers called dumb — but here's why she's doubling down
▼ + stars: | 2024-01-24 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

21-year-old college senior Abby Rosilier made several TikToks at a "Shark Tank" casting call in Vegas. But while many viewers criticized her invention — a sheet of acrylic adorned with custom hooks where customers can store and display their smartphone cases — Rosilier is doubling down. Advertisement"We were pitching the Rack, but selling part of Abby Rose too with it," Rosilier told BI of the "Shark Tank" pitch. Nevertheless, Rosilier told BI she and her brother "did so good" when it came time to present. Advertisement"I have never had that level of hate on my business account ever," Rosilier told BI.

Persons: Abby Rosilier, Rosilier, —, she's, Abby Rose, it's, Zach Organizations: Service, Las Locations: Vegas, Las Vegas, San Antonio , Texas

☆ Go to the office 4 to 5 times a week if you're young and want to score a promotion, says a corporate leader
▼ + stars: | 2024-01-17 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Read previewJunior employees should show up at the office more often if they want to score promotions, says a corporate leader. "If you're asking me my opinion on how you succeed in your career," Kevin Ellis, the chair of PricewaterhouseCoopers UK, said. With AI now a part of the workplace, face time and getting people together in the office is important, he added. Companies have been struggling with how to manage remote work following the COVID-19 pandemic. That's because, as my colleague Amanda Goh wrote last year, the generation still can't make up its mind about going into the office.

Persons: —, Kevin Ellis, Ellis, Jamie Dimon, Goldman Sachs, David Solomon —, Gen Z —, Amanda Goh Organizations: Service, Business, PricewaterhouseCoopers, Bloomberg, Economic, JPMorgan Chase Locations: Davos, Switzerland

☆ Millennials and Gen Z are giving up on one of their core values and investing more like boomers
▼ + stars: | 2024-01-11 | by ( Cork Gaines | ) www.businessinsider.com time to read: +9 min

Preference for environmental, social, and governance — or ESG investing plummeted in 2023 among millennials and Gen Z. The survey examined the support for environmental, social, and governance (ESG) issues and investing across different age groups. Investments receive an ESG rating, and ESG investors pick assets that align with their views on these subjects. AdvertisementIn the survey, preference for ESG investing among millennials and Gen Z — aged between 18 and 41 — plummeted significantly compared to the year before. Tim Paradis and Alex Nicoll of Business Insider explained in December just how controversial the topic of ESG investing has become.

Persons: Z, Gen Zers, Tom Grill, Amit Seru, Seru, David F, Tim Paradis, Alex Nicoll, ESG, Paradis, Nicoll, Sara Eisen, Eisen Organizations: Service, Stanford University, Hoover Institution, Rock Center, Corporate, Investments, Stanford Graduate School of, Stanford Graduate School of Business, United, Investment, Republican, Business, Europa Press Locations: United States

Search resuls for: "Z —"

25 mentions found