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☆ Opinion | Sandra Day O’Connor Never Stopped Being a Politician
▼ + stars: | 2023-12-01 | by ( Jeffrey Toobin | ) www.nytimes.com time to read: +3 min

Because she was a skilled politician, her radar was set for the political center, and that’s where she always wanted the court to be. Justice O’Connor avoided such a dramatic choice. And where Justice O’Connor was on the issue is almost exactly where public opinion was, too. Justice O’Connor didn’t call herself a feminist, though she was one, and the patronizing nature of that provision appalled her. As it happens, throughout the court’s history, backgrounds like Justice O’Connor’s were more the rule than the exception.

Persons: O’Connor’s, Norman Schwarzkopf, “, O’Connor, —, Casey, Roe, Wade, Justice O’Connor, Anthony Kennedy, David Souter, Justice O’Connor didn’t, Samuel Alito, Brown, Earl Warren Organizations: General Motors, of Education Locations: Pennsylvania, California

☆ A signal from big companies they think workers are losing control of the job market
▼ + stars: | 2023-11-28 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +7 min

Unemployment has ticked up, wage growth continues to decline, and the "quits rate" has leveled off from its pandemic surge. The CFO view of the labor market also filters through to their broader view of the economy and markets, which has changed in other considerable ways over the four quarters of surveying by CNBC this year. Almost a year later, the market has rallied on the conviction that inflation has been vanquished and the hikes are finished. But the CFO view of when inflation returns to 2% keeps getting pushed farther out into the future. That's more hawkish than the market, which currently is betting the Fed may start cutting by May.

Persons: CFOs, that's, it's, Jackson Organizations: CNBC, Stone, Nasdaq, PPI, Inflation, Walmart, Dow Jones, Dow, Fed Locations: Detroit, Hollywood, CFOs, it's

[1/3] Richard Teng, head of the Middle East and North Africa for crypto firm Binance gestures as he speaks during an interview with Reuters in Dubai, United Arab Emirates, March 30, 2022. Teng faces an especially tough task in transforming the culture of Binance, four of the people said. Still, leading a cultural shift at Binance - a firm shaped by Zhao in his own image - would be "hugely difficult," she said. For years it dominated the crypto market, but this year has rapidly lost market share. Last month it controlled 32% of crypto spot and 50% of derivatives trading, according to crypto firm CCData, down from 55% and 62% respectively in January.

Persons: Richard Teng, Abdel Hadi Ramahi, Teng, Changpeng Zhao, Janet Yellen, Binance, Carol Alexander, Zhao, Yi He, Binance's, Simon Matthews, Richard, Matthews, FinCEN, John Reed Stark, Rajeev Bamra, OKX, Joseph Edwards, Tom Wilson, Elizabeth Howcroft, Elisa Martinuzzi, Louise Heavens Organizations: Reuters, United Arab Emirates, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, Treasury, University of Sussex, Investors, Treasury's, Internet Enforcement, Singapore, Abu, Abu Dhabi Global, Singapore Exchange, Moody's Investors Service, Securities, Thomson Locations: East, North Africa, Dubai, United Arab, U.S, Abu Dhabi, France, Seychelles, London

☆ X sues Media Matters over report about ads appearing next to Nazi posts
▼ + stars: | 2023-11-21 | by ( David Ingram | ) www.cnbc.com time to read: +2 min

Elon Musk's social media company, X, sued Media Matters for America and one of its staff members Monday over an investigative report the progressive watchdog organization published saying Nazi content ran on the X app alongside advertisements from major corporations. News of the lawsuit coincided with Texas Attorney General Ken Paxton's announcing an investigation into Media Matters for possible fraudulent activity. Media Matters President Angelo Carusone said the website would defend itself. Media Matters stands behind its reporting and looks forward to winning in court," he said in a statement. In the lawsuit, X alleges that Media Matters' portrayal of the app is untrue because its article did not reflect what typical users see.

Persons: Elon, Ken Paxton's, Paxton, Musk, Andrew Bailey, Bailey, Angelo Carusone, X Organizations: Media Matters, America, Texas, Media, Missouri, Apple, IBM, Comcast, NBCUniversal, NBC, X Corp Locations: Fort Worth , Texas

☆ Opinion | Why on Earth Are Jewish Leaders Praising Elon Musk?
▼ + stars: | 2023-11-20 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +6 min

(In response, Musk threatened a “thermonuclear” lawsuit, but as of this writing does not appear to have filed one.) Abhorrence of the Jewish state slips easily into abhorrence of Jews. On the right, though, there’s a mirror image of this slippage, with some defenders of the Jewish state willing to make excuses for antisemites so long as they champion Israel. Prime Minister Benjamin Netanyahu of Israel has regularly embraced nationalist leaders who deploy antisemitic tropes, Donald Trump chief among them. It’s hard to figure out who is behaving more cynically, Musk or the Jewish leaders who are koshering him.

Persons: Charles Weber, ‘ Hitler, ’ ” Weber, Elon Musk, ”, George Soros, Magneto —, Soros’s, Musk, Pepe, Kanye, Ye, Israel, I’ve, Los Angeles —, John Hagee, Adolf Hitler, Karl Marx, “, Hagee, Benjamin Netanyahu, Donald Trump, Jonathan Greenblatt, Amichai Organizations: Twitter, West, Anti, Defamation League, Media, America, ADL Locations: America, Israel, Palestine, Gaza, France, Montreal, Los Angeles, Washington, ”, Pittsburgh

☆ Elon Musk says X will file 'thermonuclear' lawsuit against media watchdog who said the platform placed ads next to pro-Nazi content
▼ + stars: | 2023-11-18 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Elon Musk has promised to file a "thermonuclear" lawsuit against media watchdog group Media Matters for America. The group said that ads from major companies were appearing alongside pro-Nazi content on X.Musk claimed the group had manipulated the research and said it was "pure evil." AdvertisementElon Musk said X would be filing a "thermonuclear" lawsuit against the nonprofit media watchdog group Media Matters for America after the organization reported that the platform was placing ads from major companies next to pro-Nazi content. "The split second court opens on Monday, X Corp will be filing a thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company," he wrote on X on Saturday. In a lengthy statement posted on X, Musk said the report "misrepresented the real user experience" on the platform, saying it was an attempt to "undermine freedom of speech" and "mislead advertisers."

Persons: Elon Musk, Musk, —, 55vl7PspaQ — Elon, Adolf Hitler Organizations: Media, America, Service, X Corp, Nazi Party, Center, Defamation League

☆ Elon Musk says many big advertisers are the 'greatest oppressors' of free speech after several pull ads from X in antisemitism controversy
▼ + stars: | 2023-11-18 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Elon Musk said that many large advertisers are "oppressors" of free speech. His comment came after several corporations said they would pause ads on X amid an antisemitism controversy. AdvertisementElon Musk said many large advertisers are "oppressors" of free speech after several corporations said they would pause ads on X amid an antisemitism controversy. Apple, Disney, and IBM were among the major corporations who pulled ads from X after a controversial post from Musk appeared to endorse an antisemitic message. AdvertisementIn response to the report, Musk said on Saturday that X will file a "thermonuclear" lawsuit against the organization.

Persons: Elon Musk, Musk, —, Dustin Moskovitz Organizations: Service, Disney, IBM, Media Locations: Western

☆ The 'biggest threat to global order since the 1930s' is underway and every CEO is talking about it
▼ + stars: | 2023-11-02 | by ( Deborah Kong | ) www.cnbc.com time to read: +3 min

That's according to Frederick Kempe, CEO of foreign policy think tank Atlantic Council, and it is a fear he says more CEOs of major corporations are focused on today. JPMorgan CEO Jamie Dimon recently warned, “This may be the most dangerous time the world has seen in decades.”According to Kempe, that's a feeling shared in many corporate boardrooms. The last three major inflection points in history were World War I, World War II, and the Cold War, and now the tensions and risks are higher than ever. Kempe believes it's up to the United States to ensure the global system stays intact. He cited how the choices made by the U.S. after World War I led to isolationism, the Holocaust, and millions of deaths, while the nation "got it right" after World War II, resulting in international institutions like the United Nations and NATO.

Persons: Frederick Kempe, Jamie Dimon, Kempe, that's, it's Organizations: Al, Atlantic Council, JPMorgan, CNBC, U.S, United Nations, NATO Locations: Al Bureij, Gaza City, Gaza, United States, Israel, Ukraine, Afghanistan, Russia, U.S

☆ Walmart is at work on a new degree-free message about getting hired at its corporate headquarters
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.

Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, —, OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota

☆ SEC alleges SolarWinds and key executive misled investors about cybersecurity prior to 'massive' cyberattack
▼ + stars: | 2023-10-31 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +6 min

"We allege that, for years, SolarWinds and Brown ignored repeated red flags about SolarWinds' cyber risks, which were well known throughout the company," SEC enforcement director Gurbir Grewal said in a press release. SolarWinds went public in 2018, and made only "generic" disclosures about cybersecurity risk in both its prospectus and in continued filings, the complaint said. However, the SEC alleged that SolarWinds and Brown knew that the company's cybersecurity practices were weak, pointing to an internal presentation from Brown that was made the same month SolarWinds went public. It appears to be one of the first times the SEC has alleged a company misled and defrauded investors over cybersecurity risks. In reality, Brown knew that the company was not following those best practices, the SEC alleged.

Persons: SolarWinds, Tim Brown, Brown, Gurbir Grewal, weren't, Solarwinds, Kevin Thompson, Sudhakar Ramakrishna, Mr, Alec Koch Organizations: SolarWinds Corp, New York Stock Exchange, Securities and Exchange Commission, SEC, software, Orion, unf, Regulators, MGM Resorts, CNBC Locations: New York, U.S, Russian, Clorox, SolarWinds

☆ United Auto Workers Strike a Blow for Equality - The New York Times
▼ + stars: | 2023-10-30 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

Some history you should know: Baby boomers like me grew up in a nation that was far less polarized economically than the one we live in today. For example, chief executives of major corporations were paid “only” 15 times as much as their average workers, compared with more than 200 times as much as their average workers now. But income gaps remained narrow for decades after these controls were lifted; overall income inequality didn’t really take off again until around 1980. Unions are a force for greater wage equality; they also help enforce the “outrage constraint” that used to limit executive compensation. Conversely, the decline of unions, which now represent less than 7 percent of private-sector workers, must have played a role in the coming of the Second Gilded Age we live in now.

Persons: Claudia Goldin, Robert Margo Organizations: Unions Locations: America

But of 72 companies ranked by a sustainability nonprofit over the past year, few are close to achieving their 2030 targets. Last year, Ceres launched an effort to press companies with large water footprints to protect those resources and address related financial risks. On Wednesday, the group released an analysis that found most of the assessed companies — including such powerhouses as Coca-Cola, General Mills and Amazon — have set targets but aren't close to meeting them. “There’s no doubt that companies need to do better,” said Kirsten James, senior program director for water at Ceres. Ceres said the companies were chosen from the four sectors based on factors including size and their impact on water.

Persons: Ceres, General Mills, “, ”, Kirsten James, Michael Goltzman, Apple didn't, Mills, Mary Jane Melendez, Melendez, Michael Kiparsky, ” Kiparsky, Kiparsky, James Organizations: WASHINGTON, —, Amazon, Coca Cola, Cola Foundation, Cola Company, Tech, Apple, Wheeler Water Institute, University of California, Associated Press, Walton Family Foundation, AP Locations: Ceres, —, U.S, Berkeley

☆ Debunking claims that a 'cartel' of asset managers controls major U.S. corporations
▼ + stars: | 2023-10-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +2 min

If you look up the top institutional investors in these firms, you will find major asset managers close to the top of the list. 2, and State Street is No. State Street, Vanguard and BlackRock are the top shareholders in Lockheed, in that order. Pfizer's top shareholders: Vanguard, BlackRock and State Street. That's because BlackRock makes money by collecting fees from its investors, not by reaping profits from the companies it invests in.

Persons: Lockheed Martin, Daniel Sotiroff Organizations: Apple, Lockheed, Pfizer, Vanguard, BlackRock, Morningstar Research Services, State Locations: BlackRock

☆ Okta cybersecurity breach wipes out more than $2 billion in market cap
▼ + stars: | 2023-10-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Okta has shed more than $2 billion from its market valuation since the company disclosed a hack of its support systems Friday. Okta is a lesser-known name but forms a critical part of cybersecurity systems at major corporations. Zoom , for example, uses Okta to give "seamless" access through a single login to the company's Google Workspace, ServiceNow , VMware and Workday platforms. At least one of those clients said it had alerted Okta about a potential breach weeks earlier. In a separate post Friday, privately held identity management firm BeyondTrust said it had told Okta's security teams about suspicious activity in BeyondTrust's own Okta systems on Oct. 2.

Persons: Okta, BeyondTrust, Okta didn't Organizations: VMware Locations: Las Vegas

☆ Remote work is still 'frustrating and disorienting' for bosses, economist says—their No. 1 problem with it
▼ + stars: | 2023-10-17 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

Remote work has plummeted from its pandemic high. Remote work's gradual decline reflects the ongoing push from companies to get employees back in the office: 43% of companies have set tighter limits around remote work or mandated some form of return-to-office over the past year, ZipRecruiter reports. Although some bosses have recognized the benefits of remote work — and studies have shown that employees are often more productive and less likely to quit when they have some degree of workplace flexibility — many are still hesitant to adopt remote work permanently. "It's an incredibly challenging, frustrating and disorienting time for employers when the tool they relied on most, observing employees in-person, is gone," ZipRecruiter chief economist Julia Pollak tells CNBC Make It. "The challenges with remote work aren't going to be solved overnight, but making that change is a strong start."

Persons: Goldman Sachs, Julia Pollak, Pollak, haven't Organizations: Business, Meta, CNBC, Workers Locations: U.S, ZipRecruiter

☆ ADL leader slams corporation's response to terror attacks on Israel
▼ + stars: | 2023-10-11 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Anti-Defamation League CEO Jonathan Greenblatt slammed Corporate America’s response to the terror attacks on Israel as “disappointing at best, disastrous at worst.”“We have arguably the most vibrant commercial sector on the planet. Where were you when your Jewish employees needed you?” Greenblatt said of the CEOs. Greenblatt credited JPMorgan Chase CEO Jamie Dimon, Hewlett Packard Enterprise CEO Antonio Neri and other executives who condemned the terror attacks and pledged solidarity with the people of Israel. “In America, your Jewish employees are dealing with something that is qualitatively and quantitatively different than any time in living memory. “This is not just some far-off conflict – though that would be enough for CEOs to speak out,” Greenblatt said.

Persons: Jonathan Greenblatt, ” Greenblatt, “, George Floyd, Izzat, Greenblatt, Chase, Jamie Dimon, Antonio Neri, ” Dimon, ” Kathryn Wylde, Martin Luther King, Jr, ” Organizations: New, New York CNN, Defamation, CNN, ADL, Israeli Defense Forces, Hamas, Wednesday, Hewlett Packard Enterprise, US Chamber of Commerce, Business, “, World Trade, Partnership, Companies, Accenture, Adidas, Eagle, NASCAR, NBA, New York Locations: New York, Israel, Kfar Aza, Israeli, York, New York City, United States, France, United Kingdom

☆ Opinion | Ibram X. Kendi and the Problem of Celebrity Fund-Raising
▼ + stars: | 2023-09-25 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

The turmoil at Ibram X. Kendi’s Center for Antiracist Research at Boston University, which recently laid off more than half its staff, has been a schadenfreude bonanza for the right. Three years later, there are considerable questions about what’s been accomplished with all that money. Conservatives who see Kendi as the living embodiment of the style of social justice activism they deride as “wokeness” are, naturally, gleeful. It’s almost hard to blame right-wingers for their delight; Kendi’s mistakes played right into their hands. It exemplifies the lamentable tendency among left-leaning donors to chase fads and celebrities rather than build sustainable institutions.

Persons: George Floyd, what’s, Jeffrey Blehar, ” Organizations: Kendi’s, Antiracist Research, Boston University, National, Washington Examiner Locations: antiracism

Gavin Newsom said Sunday that he plans to sign into law a pair of climate-focused bills intended to force major corporations to be more transparent about greenhouse gas emissions and the financial risks stemming from global warming. Newsom's announcement came during an out-of-state trip to New York’s Climate Week, where world leaders in business, politics and the arts are gathered to seek solutions for climate change. California lawmakers last week passed legislation requiring large businesses from oil and gas companies to retail giants to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel. The goal is to increase transparency and nudge companies to evaluate how they can cut their carbon emissions. Newsom, a Democrat, said he wants California to lead the nation in addressing the climate crisis.

Persons: Gavin Newsom, ”, Sen, Scott Wiener, ” Wiener, Newsom’s, Henry Stern, Newsom Organizations: —, Democrat, Court Locations: — California, New, California, “, Los Angeles, San Francisco

☆ A Decongestant in Cold Medicines Doesn’t Work at All, an F.D.A. Panel Says
▼ + stars: | 2023-09-12 | by ( Christina Jewett | More About Christina Jewett | ) www.nytimes.com time to read: +3 min

Every cold and flu season, millions of Americans reach for these products, some over decades. The decongestant is in at least 250 products that were worth nearly $1.8 billion in sales last year, according to an agency presentation. Among the products: Sudafed Sinus Congestion, Tylenol Cold & Flu Severe, NyQuil Severe Cold & Flu, Theraflu Severe Cold Relief, Mucinex Sinus Max and others. The ingredient has long been considered safe and effective under an old, outdated agency standard, and the F.D.A. The agency also may give the drug companies a grace period to swap ingredients in products, if required.

Persons: Leslie Hendeles, Hendeles, ”, Marcia D, Howard Organizations: Staples, Medicine Cabinet, University of Florida, Consumer Healthcare Products Association, White

Lawmakers backing the bill say a large number of companies in the state already disclose some of their own emissions. California’s climate disclosure bill would be different because of all the indirect emissions companies would have to report. But the California bill would go beyond that, by mandating that both public and private companies report their direct and indirect emissions. Companies would have to report indirect emissions including those released by transporting products and disposing waste. Companies would have to begin publicly disclosing their direct emissions annually in 2026 and start annually reporting their indirect emissions starting in 2027.

Persons: Chris Ward, Christiana Figueres, Gavin Newsom, Newsom, Sen, Scott Wiener, “, ”, Brady Van Engelen, Danny Cullenward, Cullenward, it’s, Mary Creasman, ___ Sophie Austin, Austin @sophieadanna Organizations: —, Democratic, Apple, United Nations, Democratic Gov, Lawmakers, administration’s Department of Finance, San, San Francisco Democrat, National Conference of State Legislatures, U.S . Securities, Exchange Commission, Companies, California Chamber of Commerce, Western States Petroleum Association, California Hospital Association, University of Pennsylvania’s, Center for Energy Policy, California Environmental Voters, California Air Resources Board, Wiener, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Patagonia, Christiana, Paris, San Francisco, Ceres, ”

[1/5]A Yes23 volunteer holds pamphlets while speaking with commuters about the upcoming Voice to Parliament referendum, in Melbourne, Australia August 30, 2023. Some senior Liberal party leaders, however, have broken ranks and supported the Voice referendum. "The Voice delivers recognition and respect to Indigenous Australians in the manner they have sought," Turnbull said in an opinion piece in The Sydney Morning Herald on Wednesday. In the most recent referendum in 1999, Australians voted against changing the constitution to establish Australia as a republic. "I’m just trying to vote yes for the recognition of the real owners of Australia," Sydney resident Oscar Rodas, who was at one of the campaigns, told Reuters.

Persons: Albanese, SYDNEY, Anthony Albanese, Pat Anderson, Jacinta Nampijinpa Price, James Ross, Malcolm Turnbull, Turnbull, I’m, Oscar Rodas, Cordelia Hsu, Stephen Coates Organizations: Wednesday, Aboriginal, Torres Strait, First Nations Peoples, Liberal, REUTERS Acquire, Liberal Party, Sydney Morning Herald, Sydney, Reuters, Thomson Locations: Torres Strait, Adelaide, Torres, Australia, Canada, New Zealand, Melbourne, Lincoln

☆ August once again lives up to its dismal reputation for stocks
▼ + stars: | 2023-08-24 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The S&P 500 is down more than 3% this month, on pace to snap a five-month winning streak. Go back 20 years and the performance gets worse: The S&P 500 has averaged a monthly 0.1% loss in that time. The S&P 500 has averaged a 0.5% loss in September over the past 20 years. Over the past 10 years, the S&P 500 has fallen an average of 1% each September. "For S&P 500 levels, we see 4,400 as the start of support (50-day average) that extends down to 4,200 (Feb.

Persons: Brendan McDermid, Wall, —, Oppenheimer, Ari Wald, China's, Ed Yardeni, we're Organizations: New York Stock Exchange, Reuters, Nasdaq, Dow Jones, Federal Reserve, CNBC, Wall, Garden Holdings, Hang, Yardeni Research Locations: China, U.S, Hong Kong

Ex-Trump chief of staff Mark Meadows and former Acting U.S. Attorney General Matthew Whitaker are board members. The complaints come as many experts expect an uptick in challenges to corporate diversity programs following a U.S. Supreme Court ruling in June that prohibited race-conscious college admissions policies. “There certainly is a deep psychological effect that is putting the brakes on the forward movement of diversity in the workplace,” Rossein said. America First has also filed lawsuits accusing Target Corp and Progressive Insurance of breaching their duties to shareholders by adopting diversity programs and progressive marketing campaigns, for instance celebrating LGBTQ Pride Month. Commissioner Andrea Lucas, a Trump appointee, filed a dozen charges last year, more than any of her colleagues.

Persons: Trump, Stephen Miller, Donald Trump's Mar, Jonathan Ernst, Activision's, Kellogg, Morgan Stanley, Donald Trump, Mark Meadows, Matthew Whitaker, Rick Rossein, ” Rossein, Hershey, Andrea Lucas, Lucas, Gene Hamilton, Daniel Wiessner, Alexia Garamfalvi, Daniel Wallis Organizations: REUTERS, Activision Blizzard Inc, Kellogg, U.S, Opportunity Commission, America, Starbucks Corp, McDonald's Corp, Anheuser, Busch Companies, Hershey Co, Republican, Trump, Supreme, City University of New York School of Law, Target Corp, Progressive Insurance, Activision, Democratic, Thomson Locations: Lago, Palm Beach , Florida, U.S, America, Albany , New York

☆ 80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’
▼ + stars: | 2023-08-11 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

After three years of haphazard plans for getting workers back at their desks, the return-to-office movement has entered a phase of remorse. Envoy interviewed more than 1,000 U.S. company executives and workplace managers who work in-person at least one day per week. Kathy Kacher, a consultant who advises corporate executives on their return-to-office plans, is surprised the percentage isn't higher. "A lot of executives have egg on their faces and they're sad about that." The 'great resignation' to the 'great regret'As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home on a full or part-time basis.

Persons: Larry Gadea, it's, Kathy Kacher, pushback, Kacher, Who's Organizations: CNBC, Alliance Services, WFH Research, Disney, New York Times, Research, Companies Locations: U.S, BlackRock, New York City

Some opponents, however, argue the move would hand excessive powers to the Indigenous body, while others have described it as tokenism and toothless. A Guardian poll this week showed more Australians are planning to vote no in the referendum than yes, a first in the survey. Parties on both sides of a debate released official pamphlets last month, and are holding road shows about the upcoming vote. "I believe Australia is ready," he said in a radio interview on Wednesday, which marked World Indigenous Day. Albanese has said the referendum will be held between October and December, but has given no fixed date.

Persons: Albanese, Matt Qvortrup, Anthony Albanese, Warren Mundine, Dean Parkin, Qvortrup, Praveen Menon, Lincoln Organizations: SYDNEY, Guardian, ANU College of Law, West, Thomson Locations: Australia, Torres, West Australia

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