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☆ Deloitte's human-sustainability chief wants to help employees beat burnout. She says the best solutions go beyond vacation and office yoga — and involve undoing 100 years of routine.
▼ + stars: | 2023-08-25 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

To combat burnout, it will take more than vacations and a few yoga classes, she told Insider. To really fix what's wrong with work, Fisher said, we need to have deeper, more thoughtful conversations. Fisher said employers need to push back on the idea that workers who cut through piles of work must be in good shape. I was on my way to burnout and the downstream impacts of my actions and behaviors on my team were detrimental," she said. Her own journey toward a more balanced approach to work leaves Fisher optimistic that broader change is possible.

Persons: Jen Fisher, who'd, Fisher, Deloitte's Jen Fisher, Odette Fernandez Lopez, We've, we're, she's, they're Organizations: Deloitte, Service Locations: Wall, Silicon, chemo

☆ Indian interlopers can disrupt global mining M&A
▼ + stars: | 2023-08-25 | by ( Pranav Kiran | ) www.reuters.com time to read: +3 min

BENGALURU, Aug 25 (Reuters Breakingviews) - An Indian tycoon has a powerful motive to throw himself into some global mining M&A. Sajjan Jindal is looking to pull together a consortium to take a 75% stake in the coal unit of Canadian miner Teck Resources (TECKb.TO), according to Bloomberg. Such a move would pit his $23 billion Mumbai-listed JSW Steel (JSTL.NS) against a rival $8 billion bid by Swiss commodities giant Glencore (GLEN.L). In North America, JSW already has steel plants in Ohio and Texas, and coal mining facilities in West Virginia. Anchoring a consortium bid makes sense but if push comes to shove, Indian tycoons can afford to be aggressive interlopers.

Persons: Sajjan Jindal, Jindal, JSW, Una Galani, Thomas Shum Organizations: Reuters, Teck Resources, Bloomberg, Tata Steel, Steel Authority of India, South, JSW, Elk Valley Resources, Deloitte, Chamber of Commerce, Thomson Locations: BENGALURU, Teck, Mumbai, India, JSW, Australia, Ukraine, North America, Ohio, Texas, West Virginia, Teck Resources, Elk Valley, Elk

☆ Missed the back-to-school tax holiday? You still have time in these three states
▼ + stars: | 2023-08-23 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +2 min

On those days, shoppers can earn sales tax breaks on products, such as clothing, shoes, electronics and classroom supplies. The last time Deloitte expected a decline in back-to-school spending was in 2014. The items include products like jeans, athletic shoes, shirts, swimsuits, scarves, ear muffs and boots. New Jersey’s sales tax-free holiday, running from August 26 to September 4, covers back-to-school essentials such as computers, school supplies, and sport or recreational equipment. The sales tax holiday in Florida, which ends on September 4, covers children’s athletic equipment priced at $100 or less.

Organizations: New, New York CNN, Deloitte Locations: New York, Connecticut , New Jersey, Florida, In Connecticut

☆ The hidden consequence of the return-to-office crackdown — more workers will lose their jobs
▼ + stars: | 2023-08-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

The push to get workers back to offices could put millions of jobs at risk if people don't comply. What makes this even more difficult to swallow for Meta employees is just how quickly Meta's tone has changed. In June, they were informed about the need to come into the office three days a week from September 5, per The Information. AdvertisementAdvertisementAmazon is making a similar play to Meta, with a return-to-office strategy that involves scare tactics. But since few people can afford to be out of a job right now, employers may get their way.

Persons: they'll, Zuckerberg's Meta, Lori Goler, Goler, Andy Jassy's, Insider's Linette Lopez Organizations: Labor, Stanford University, University of Chicago, MIT, ITAM University, Meta, Wall, Deloitte, Workplace Intelligence Locations: Silicon Valley, Silicon, Wall, Mexico, East Coast

☆ Will Macy’s, Nordstrom merchandise overhauls lure shoppers?
▼ + stars: | 2023-08-21 | by ( Katherine Masters | ) www.reuters.com time to read: +4 min

In an effort to boost sales, Macy's - which reports second-quarter results on Tuesday - has focused on revamping its private brands, including its new On 34th label launched in July. Analysts expect Macy's to post a 87% slide in second-quarter profit, dragged down by heavy discounting to clear spring and early summer merchandise, according to Refinitiv. Thirteen percent answered Walmart and 9% answered Amazon, compared to 5.8% for Macy's and 3.3% for Nordstrom. Nordstrom so far has disclosed few specifics about the new merchandise intended to revive the Rack, including the brands and categories it plans to prioritize. On Monday, Rack’s website was advertising brands including Kate Spade, Adidas, Steve Madden and Cole Haan.

Persons: Andrew Kelly, Nordstrom, Erik Nordstrom, Macy's, Nordstrom's, Prosper, Macy’s, Kathy Gersch, ”, Kate Spade, Steve Madden, Cole Haan, Katherine Masters, Granth Vanaik, Savyata Mishra, Deepa Babington Organizations: New York Stock Exchange, REUTERS, Nordstrom, U.S ., Target, Walmart, Nordstrom . Consulting, Deloitte, Private, Kotter, Adidas, Thomson Locations: Manhattan , New York City, U.S, New York, Bengaluru

☆ Emerging tech, from AI to extended reality, is radically reshaping today's business world — and leaders who don't get on board ASAP will be left in the dust
▼ + stars: | 2023-08-21 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +14 min

As technology shapes customer habits, entire industries, and society at large, digital transformation has become a critical priority for every company. A February report from Deloitte found effective digital transformation initiatives could increase market capitalization by a staggering $1.25 trillion. From artificial intelligence to extended reality, a variety of technologies are shaping digital transformation strategies. He said he expected industries with "significant human implications," such as healthcare and space exploration, to benefit the most from digital transformation. Extended reality — a combination of virtual reality, augmented reality, and mixed reality often called "XR" — is another technology that could revolutionize organizational cultures.

Persons: Nigel Vaz, Publicis, It's, Vaz, Jean Pelletier, Pelletier, Schneider, Beth Johnson, Johnson, Tom Fairbairn, Tom Fairbairn Fairbairn, Duncan Roberts, Roberts Organizations: Technology, Morning, Deloitte, Netflix, Schneider, Schneider Electric, Citizens Bank, Amazon Prime, Amazon Web Services, Company, Imperial College London Locations: Cognizant

That professionalisation has underpinned the success of the ninth Women's World Cup, which ended on Sunday with Spain beating England by a single goal in a final that pitted the two European countries with the strongest domestic leagues against each other. Attracting record crowds and television audiences, the tournament buoyed hopes that the women's game can start to bridge the yawning financial gap that exists with the men. TV BLACKOUTIn broadcast rights, the women's game has struggled to compete. The FIFA president, Gianni Infantino, threatened Europe's "Big 5" nations with a TV World Cup blackout unless their broadcasters upped their offers. But both Chadwick and Carlota Planas, a Spain-based women's' football agent representing several World Cup players, argued that the women's game now offers the values of tenacity, resilience and togetherness, which can appeal to advertisers.

Persons: Stoke City's, Molly Holder, Spain's, Olga Carmona, Sunday's, Gianni Infantino, Jill Ellis, Lisa Parfitt, Jill Scott, Chloe Kelly, Ella Toone, Kieran Maguire, Simon Chadwick, Chadwick, Carlota Planas, Planas, let's, Holder, Kate Holton, Nick Mulveney, Helen Reid, Suban Abdulla, Matt Scuffham Organizations: Stoke City women's, Reuters, Stoke City FC, REUTERS Acquire, Stoke, Spain, England, Deloitte, Real Madrid, Real Madrid men's, FIFA, Women, Football, Germany, University of Liverpool, Wembley, Super League, men's Premier League, Manchester City, Arsenal, School, Thomson Locations: Stoke, Trent, Britain, Handout, STOKE, England, MADRID, Spain, France, Germany, Italy, United States, Manchester, Chelsea, Liverpool, Sydney, London

☆ GQG Partners buys additional stake in Adani Ports
▼ + stars: | 2023-08-19 | by ( ) www.reuters.com time to read: +1 min

Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, India, February 2, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsAug 19 (Reuters) - Investment firm GQG Partners raised its stake in Adani Ports And Special Economic Zone Ltd (APSE.NS) on Aug. 17 to 5.03% after buying more shares, GQG said in a disclosure on Saturday. GQG Partners, which held a 4.93% stake in Adani Ports, acquired another 0.10% or 2.2 million shares of the company through a bulk deal, the disclosure made late on Saturday said. The investment comes after Deloitte quit as auditor for Adani Ports, in the first such move after U.S. short-seller Hindenburg Research's critical report on the Adani group that was published in January. Reuters reported last Wednesday that GQG partners bought an 8.1% stake in Adani Power for $1.1 billion via block deal.

Persons: Amit Dave, GQG, Hindenburg, Jose Joseph, Tomasz Janowski, Toby Chopra, Jane Merriman Organizations: Adani, REUTERS, GQG Partners, Deloitte, Adani Ports, Reuters, Thomson Locations: Ahmedabad, India, Adani Ports, Power, Bengaluru

☆ Saudi binge is fiscal free kick for European clubs
▼ + stars: | 2023-08-18 | by ( Streisand Neto | ) www.reuters.com time to read: +3 min

The Saudi binge may help European teams raise funds and meet tough new financial rules. The Roshn Saudi League is a top scorer in the football transfer market. UEFA, the governing body for European football, has introduced new rules limiting clubs’ spending on wages, transfers and agent fees to 70% of revenue. European clubs should take the money before the referee's whistle blows. Saudi clubs have spent over 550 million euros buying players from European clubs in the 2023/2024 transfer season, according to Transfermarkt.

Persons: Al Hilal's, Neymar, Fahd bin Saad Al, Neymar da Silva Santos Júnior, Germain, Rúben Neves, Prince Mohammed bin Salman, Len Blavatnik, China’s, Oscar, Marouane, Hilal, Cristiano Ronaldo, Karim Benzema, Neil Unmack, Thomas Shum, Pranav Kiran Organizations: Soccer, Al, Saudi Pro League, REUTERS Acquire, Reuters, Paris Saint, Saudi, Saudi Public Investment Fund, Britain’s Premier League, Premier League, Deloitte’s Sports Business, UEFA, Deloitte, Reuters Graphics Reuters, Bloomberg, BBC, Thomson Locations: Al Hilal, Paris, France, Saudi, Hilal, Saudi League, Al, Ittihad, Saudi Arabia, Riyadh, Kingdom, Saudi Arabian

☆ Job listings that don't require applicants to have a college degree are surging, with recruiters prioritizing skills over formal education, LinkedIn survey finds
▼ + stars: | 2023-08-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Job adverts that don't list a degree requirement have increased by 90% in the UK, LinkedIn says. Major firms including IBM, Google, and Tesla are hiring more based on skills over qualifications. Companies including IBM, Accenture, Dell, Bank of America, Google, and Tesla are among those that are increasingly hiring based on skills. The fastest-growing in-demand skills in job listings since November 2022 include communications, flexibility, professional ethics, social perceptiveness, and self-management, per LinkedIn. Billionaire Elon Musk, who head five companies including Tesla, is among the most prominent business people to be skeptical of the usefulness of college degrees.

Persons: Tesla, Josh Graff, Billionaire Elon Musk, Musk, Bill Gates, Larry Ellison, They've Organizations: LinkedIn, IBM, Google, Service, Companies, Accenture, Dell, Bank of America, LinkedIn's, Kellogg's, Billionaire, KPMG, PWC, Deloitte Locations: Wall, Silicon, LinkedIn's Europe, Middle East, Africa, America

☆ MaC Venture Capital hires TCG veteran Jennifer Randle as its first chief operating officer
▼ + stars: | 2023-08-15 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

MaC Venture Capital has hired Jennifer Randle as its first COO. In less than three years, MaC Venture Capital has become a presence in the tech ecosystem that cannot be ignored. Jennifer Randle, a finance and operations veteran, has joined MaC as its first chief operating officer — a sign of a maturing firm with more personnel and funds to manage. In this role, Randall will support firm operations from finance and accounting to investor relations and IT. In April of 2023, according to data gathered by Venture Forward, Deloitte, and the National Venture Capital Association, Black investors made up only 4% of investment partners with decision-making responsibilities.

Persons: Jennifer Randle, Randle, MaC, —, Randall, Peter Chernin, That's, Marlon Nichols, Nichols Organizations: MaC Venture Capital, Chernin, nab, MaC, Capital Partners, KPMG, Venture, Deloitte, National Venture Capital Association Locations: America, Mansa

☆ Indian shares set to open lower; domestic inflation data in focus
▼ + stars: | 2023-08-14 | by ( Manvi Pant | ) www.reuters.com time to read: +2 min

A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. REUTERS/Francis Mascarenhas/File PhotoBENGALURU, Aug 14 (Reuters) - Indian shares on Monday are expected to start on a slightly weaker note in the holiday-truncated week as earnings season draws to a close, ahead of domestic retail inflation data due later in the day. India's GIFT Nifty on the NSE International Exchange was down 0.28% at 19,432 at 7.58 a.m. IST. Foreign investors sold shares worth 30.73 billion Indian rupees ($370.80 million) on Friday, according to provisional data from the National Stock Exchange (NSE). ($1 = 82.8740 Indian rupees)Reporting by Manvi Pant in Bengaluru; editing by Eileen SorengOur Standards: The Thomson Reuters Trust Principles.

Persons: Francis Mascarenhas, Manvi, Eileen Soreng Organizations: National Stock Exchange, REUTERS, NSE, Reserve Bank of India's, ITC, Vodafone, BSE, Associates, Deloitte, Natural Gas Corporation, Jindal Steel, Thomson Locations: Mumbai, India, BENGALURU, China, Beijing, Manvi Pant, Bengaluru

☆ India's Adani group stocks hit by first auditor quitting over Hindenburg report
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +2 min

Traffic moves past the logo of the Adani Group installed at a roundabout on the ring road in Ahmedabad, India, February 2, 2023. Adani Ports said Deloitte, which does not audit any of the other six listed Adani group companies, had all the necessary information and its reason to quit was "not convincing." "The spotlight is back on Adani Group stocks and this time the auditor has raised concerns and resigned. The flagship Adani Enterprises (ADEL.NS) dropped 5.5%, while Adani Power (ADAN.NS), Adani Energy Solutions (ADAI.NS), Adani Wilmar (ADAW.NS), Adani Green Energy (ADNA.NS) and Adani Total Gas (ADAG.NS) declined between 3% and 5%. "In the near term, the Adani group stocks will likely remain under pressure and any re-rating will happen gradually when the water settles down."

Persons: Amit Dave, Hindenburg, Gautam Adani, Prashant Tapse, Adani, Avinash Gorakshakar, Rama Venkat, Savio D'Souza Organizations: Adani, REUTERS, Deloitte, Reuters, Adani Ports, Mehta, Adani Enterprises, Adani Energy Solutions, Energy, Profitmart Securities, Associates, BDO International, Thomson Locations: Ahmedabad, India, BENGALURU, Bengaluru

The Deloitte company logo is seen at their office in Gurugram, India, June 13, 2023. The auditor's resignation has brought fresh scrutiny of the financial management at Adani Group, led by Indian billionaire Gautam Adani. "The Audit Committee (of Adani Ports) was of the view that the grounds advanced by Deloitte for resignation as Statutory Auditor were not convincing or sufficient to warrant such a move," it said. Adani Ports has named MSKA & Associates, an independent member firm of BDO International, as its new auditor, it said in the statement. Deloitte in May first pointed to certain transactions flagged by Hindenburg in its report and gave only a qualified opinion related to Adani Ports, indicating concerns by a company's auditor.

Persons: Anushree, Gautam Adani, Hindenburg, Aditya Kalra, Ros Russell Organizations: Deloitte, REUTERS, U.S, Adani Group, GQG Partners, Sanghi Industries, Associates, BDO International, Thomson Locations: Gurugram, India, Adani Ports, Australia, New Delhi

☆ Consulting firms like Accenture are giving recent grads $25,000 stipends to push back their start dates
▼ + stars: | 2023-08-12 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Consulting firms are now pushing back start dates for some new hires fresh out of college. Others are being offered tens of thousands dollars to push their start dates back to next year. One recent graduate from Pomona College was on track to start at Accenture this month, Bloomberg reported. She was asked to push back her start date to next April and given a $25,000 bonus to make up for the disruption. Are you a recent college graduate who's had your start date pushed back at a consulting firm?

Persons: there's, cooldown hasn't, you'll, who's, Lakshmi Organizations: Accenture, Bloomberg, Service, New, Netflix, Deloitte, Pomona College Locations: Wall, Silicon, Southeast Asia, Lakshmi Varanasi, lvaranasi

☆ A business owner ditching the office explains how he came to trust his employees to work remotely so he could save money on rent
▼ + stars: | 2023-08-12 | by ( Noah Sheidlower | Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

The remote work debate is still raging, as firms try to get their workers back into the office. But one business owner says trusting workers to create their own best work arrangement is the best option. "There's the whole saying about working from home, 'shirking from home,' or working remotely, 'remotely working,'" Bloom said. That's why Eitzen is making remote work permanent. Are you a boss or worker trying to figure out how to keep remote work functional?

Persons: Sam Eitzen, Eitzen, I'm, you've, There's, they'd, Simon Fraser, Lucy Gilson, Nicholas Bloom, haven't, Bloom, that's, Chris Bailey, who's, Bailey, he's, It's Organizations: Service, Employers, Deloitte, Pepperdine University , University of New, Simon, Simon Fraser University, University of Calgary, Paul College of Business, University of New, Stanford University, Workers, jkaplan Locations: Wall, Silicon, Seattle, Pepperdine University , University of New Hampshire, University of New Hampshire, Spain, Italy

REUTERS/Anushree Fadnavis/File PhotoNEW DELHI, Aug 11 (Reuters) - Deloitte has decided to resign as auditor of India's Adani Ports (APSE.NS) amid concerns over certain transactions flagged in a report by Hindenburg, which the company did not wish to independently look into, a source with direct knowledge said. Deloitte in May had pointed to certain transactions flagged by the U.S. short-seller in its report and gave only a qualified opinion, which indicates concerns by a company's auditor. Deloitte's resignation comes after it asked Adani Ports to conduct an independent inquiry on related party transactions flagged by Hindenburg, to which the company did not agree, the source said. Deloitte and Adani Ports did not immediately respond to Reuters' requests for comments. Deloitte's decision to quit as Adani Ports' auditor might come as soon as Monday, the source added.

Persons: Anushree, Hindenburg, Adani, Gautam Adani, Aditya Kalra, Sethuraman, Varun Organizations: Deloitte, REUTERS, May, U.S, Adani, Bloomberg News, Sethuraman NR, Thomson Locations: Gurugram, India, India's Adani, New Delhi, Bengaluru

☆ Custom art, air purifiers and TikTok: College spending boom could booster retailers' sales this fall
▼ + stars: | 2023-08-10 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +9 min

Eros Hoagland | Getty ImagesOver the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. A growing pie — and market share up for grabsAs college spending is poised to grow, retailers have another reason to vie for students' dollars. Jakub Porzycki | Nurphoto | Getty ImagesIt is difficult to estimate how much college market share Bed Bath had in total. Shipt, the Target-owned delivery service, and Walmart have both tried to attract more college students to their membership programs by offering a special discounted price. She said the company's growth has been fueled by college students who want uniquely decorated rooms that reflect their personalities.

Persons: Eros Hoagland, Alicia Browne, Keurig coffeemakers, decorators, Browne, Prosper, Browne chalks, " Browne, Marshal Cohen, Jakub Porzycki, Harmon, Cristina Fernandez, Sonoma, TikTok, Dormify, Amanda Zuckerman, Zuckerman, Kate Reppeto, Callie Weathers Kate Reppeto, Repetto, she's, Anna Emblom Organizations: University of North, Hill, University of Alabama, College, National Retail Federation, IRI, NPD, Target, Walmart, Consulting, Deloitte, Nurphoto, Goods, Ikea, Telsey Advisory, Williams, Hamptons, Madison, University of Mississippi, Eagle Locations: University of North Carolina, Chapel Hill , North Carolina, Kohl's, Bath, Bed, Williston , Vermont, New York City, Madison Ave, Oxford, Miss, Southlake, Dallas, Fort Worth in Texas, Birmingham, Ala

REUTERS/Rupam Jain/File PhotoGURUGRAM, India, Aug 10 (Reuters) - Over 3,000 poor Muslims have fled a business hub outside New Delhi this month, fearing for their lives after Hindu-Muslim clashes and sporadic attacks targeting them, residents, police and a community group said. The Gurugram president of Jamiat-Ulema-e-Hind (Council of Indian Muslim Theologians) Mufti Mohammed Salim estimated that more than 3,000 Muslims had left the district after the violence. "Many Muslims decided it's best to leave for a while," said Sheikh, adding that some Hindu owners of shops rented out to Muslims wanted them to vacate. "No one is asking them to leave and we are providing full security in all communally sensitive areas," he told Reuters. Reporting by Rupam Jain and Sakshi Dayal; Editing by YP Rajesh and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Rupam, Raufullah Javed, Mufti Mohammed Salim, Shahid Sheikh, it's, Narendra Modi's, Ernst &, Anil Vij, Rupam Jain, Sakshi Dayal, YP Rajesh, Angus MacSwan Organizations: REUTERS, Reuters, Bharatiya Janata Party, BJP, Police, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, YP, Thomson Locations: Gurugram, New Delhi, India, Nuh, Haryana, Bihar, Tigra, India's, Gurgaon

☆ Two-thirds of executives at US financial services firms would quit if they had to return to the office 5 days a week, survey finds
▼ + stars: | 2023-08-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Executives at US financial firms say they would quit if they had to return to the office full-time. They want to work remotely but are worried that it will impact their careers negatively. Deloitte and Workplace Intelligence conducted a survey of 700 full-time executives at US financial services organizations in April 2023 to explore their attitudes around work arrangements including remote and hybrid work. It found that 66% of executives who worked remotely at least part of the week said they would quit if they were mandated to come back to the office full-time. Over half of executives say they're feeling pressured to go into the office more often.

Persons: they'd, they're, Goldman Sachs, Slack's, Cal Henderson Organizations: Service, Deloitte, Workplace Intelligence, Citigroup, McKinsey Locations: Wall, Silicon

A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File PhotoNEW YORK, Aug 8 (Reuters) - Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte. Companies that insist on five days of in-office work are likely to see those policies backfire, the study showed. The Deloitte survey showed caregivers with remote or hybrid arrangements were 1.3 times more likely to leave their jobs if that flexibility was taken away. Poll results showed almost half of women in senior leadership roles were likely to leave their current employer over the next 12 months.

Persons: Morgan Chase, Mike Segar, Deloitte, JPMorgan Chase, Goldman Sachs, Morgan Stanley, Lananh Nguyen, Conor Humphries Organizations: Co, New York City, REUTERS, Financial, Deloitte, Companies, JPMorgan, Citigroup, UBS, Bank of New York Mellon, Thomson Locations: New York, America

☆ Meet a millennial mom who resurrected her career with a 10-day crash course on semiconductors. She landed a new job, learned new skills, and says the pay outweighs long hours.
▼ + stars: | 2023-08-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

She enrolled in a 10-day semiconductor training course and landed a new job at Intel soon after. A few weeks later, she told Insider, she received an email about the "Quick Start" program — a 10-day crash course on how to be a semiconductor processing technician. The Quick Start program's website says that semiconductor companies will hire over 20,000 workers in Arizona in the coming years. Of 240 former Quick Start students who filled out an employment outcome form as of June 30th, 75, or 31%, said they had been "hired in field," per MCCC. "I start work at 5:45 AM, and I get off at 6:15 PM," she said.

Persons: Lisa Strothers, chipmakers, Strothers, Biden, Cesar Becerra, GlobalFoundries, —, Lisa Strothers Lisa Strothers, Intel's, she'd, Cesar Becerra Cesar Becerra, I'm, that's, there's Organizations: Intel, Schools, Service, Taiwan Semiconductor Manufacturing Company, Mesa Community College, Science, Deloitte, Micron, MCCC, Labor Statistics Locations: Wall, Silicon, Arizona, Arizona's Maricopa County, Maricopa County, China, Taiwan, Phoenix

☆ Gen Z workers are lazy, some bosses say. They don't do anything unless every second of their day is managed.
▼ + stars: | 2023-08-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Some Gen Z employees aren't sure how to interact in-person after starting their careers from home. "Lazy" younger workers need a lot of hand-holding, managers told The Wall Street Journal. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Despite perceptions of their managers, nearly half of Gen Z workers say it's not laziness that causes an inability to self-start but rather stress and anxiety. Deloitte's 2023 Gen Z and Millennial Survey found that many young professionals feel exhausted or disengaged at work.

Persons: Laura Davis, they're, Gen Zers, Boomer, Ivan Schury, he's, Schury, Z Organizations: Wall Street, Service, John Ball Zoo, Survey Locations: Wall, Silicon, UK, Germany, France, Poland, Japan

☆ Hindu-Muslim riots expose risk at major Indian business hub
▼ + stars: | 2023-08-03 | by ( Rupam Jain | ) www.reuters.com time to read: +4 min

Seven people were killed and over 70 injured in rioting in Nuh and Gurugram districts of Haryana state after a Hindu religious procession was targeted and a mosque attacked in retaliation. Gurugram, formerly known as Gurgaon, is a city of over 1.5 million people that shares a border with New Delhi. "Muslim men attacked the Hindu procession and killed many of our people," said Praveen Babbar, a leader of Hindu Yuva Vahini (Hindu Youth Force). Haryana Police, however, said they acted swiftly and prevented riots from spreading, and that two of its men were killed in the violence. Reporting by Rupam Jain, Additional reporting by Sakshi Dayal; Editing by YP Rajesh and Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

Persons: Adnan Abidi, Anil Vij, Vij, Ernst &, Gurugram, Narendra Modi's, Praveen Babbar, Aftab Ahmed, Tara Kartha, Rupam Jain, Sakshi Dayal, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, Bharatiya Janata Party, BJP, nab, Reuters, Fortune, American Express, Dell, Samsung, Ernst, Ernst & Young, Deloitte, Hindu, Force, Haryana Police, Analysts, of Peace, YP, Thomson Locations: Nuh district, Haryana, India, Delhi, Nuh, Gurugram, Gurgaon, New Delhi, Suzuki's, India's, Nuh's

☆ Standards body proposes rules for auditing company climate disclosures
▼ + stars: | 2023-08-02 | by ( Huw Jones | ) www.reuters.com time to read: +1 min

LONDON, Aug 2 (Reuters) - A global body on Wednesday proposed its first set of comprehensive rules for auditing climate-related company disclosures in an anticipated move regulators have said is crucial for giving investors information free of greenwashing. Stricter European Union, U.S. and global rules are being introduced over coming months to replace a patchwork of voluntary private sector practices for listed companies to disclose the impact of climate change on their bottom line. The International Auditing and Assurance Standards Board (IAASB) said its first comprehensive, standalone standard for auditing sustainability disclosures would play a key role in enhancing trust and confidence in reporting. The proposed standard, put out to public consultation, can be used for disclosures under the various regimes being rolled out to aid global consistency, the IAASB said. Nigel Sleigh-Johnson, director for audit and corporate reporting at the ICAEW, a London-based professional accounting body, said the proposed standards were a much-needed underpinning for high quality disclosures.

Persons: Nigel Sleigh, Johnson, Huw Jones, Mark Potter Organizations: Union, KPMG, Deloitte, PwC, Auditing, Assurance, Board, EU, Thomson Locations: London

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