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☆ Harvard could face funding consequences if it fails to tackle antisemitism, says Bill Ackman in letter
▼ + stars: | 2023-11-06 | by ( Manav Tanneeru | Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Ackman, who met with a group of more than 200 Harvard students and faculty last week, said the university’s administration is not doing enough to protect them. “Harvard student disciplinary actions should not be outsourced to the police department,” he wrote. When contacted, Harvard directed CNN to earlier statements from Gay and Harvard’s Executive Vice President Meredith Weenick about community conduct. Ackman and others suggested there should be employment consequences for students who had signed the letter. In his letter, Ackman acknowledged the success of that message and suggested that Harvard administrators warn students of the potential consequences.

Persons: Bill Ackman, ”, Ackman, Claudine Gay, Harvard Business School Dean Srikant Datar, ” Datar, “, Harvard’s Slack, Meredith Weenick, Gay, ” Gay, Leslie Wexner, Abigail, Lawrence Summers, Clinton, ” Summers Organizations: New, New York CNN, Billionaire, Harvard University, Harvard, Israel, Harvard Business School, Harvard University Police Department, FBI, “ Harvard, CNN, Gay, Harvard Hillel, Palestinian, Elite, Wexner Foundation, Pershing Square Capital Management, Civil, Defamation Locations: New York, Israel, Gaza, Palestine, Harvard’s

☆ Bill Ackman is now calling on Harvard to issue suspensions and disciplinary actions for both antisemitic and pro-Palestinian actions on campus
▼ + stars: | 2023-11-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Bill Ackman sent a letter to Harvard President Claudine Gay on Saturday. He called for suspensions and disciplinary action to curb anti-Israel and antisemitic activity. Ackman previously called on Harvard to name the students behind a letter critical of Israel. Please see my below letter to the President of Harvard University sent today:November 4, 2023Dear President Gay,I am writing this letter to you regretfully. AdvertisementAdvertisement"I want to make one thing absolutely clear: Antisemitism has no place at Harvard," Gay said in her latest comments, made at Harvard Hillel, a community for Jewish life at Harvard, on October 27.

Persons: Bill Ackman, Claudine Gay, —, Ackman, Gay, …, Slack Organizations: Service, Harvard, Harvard University, Harvard Business School, Equity, Diversity, Rights, Harvard Hillel, Harvard Crimson Locations: Israel, Harvard, Palestine, Gaza

☆ Indian economy regains its swagger as China stumbles
▼ + stars: | 2023-11-03 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

New Delhi CNN —India’s economy is like an elephant. India’s economy is currently worth nearly $3.5 trillion, making it the world’s fifth largest. “India’s economy is comfortably placed to grow at an annual rate of at least 6% in the coming few years,” Barclays said. But even as India’s heft is increasing, it is far from recreating the economic miracle China unleashed decades ago. It will, no doubt — though it won’t be enough to shield the world economy should China’s economy stumble badly,” they added.

Persons: Narendra Modi, ”, Eswar Prasad, Modi, Prasad, Ludovic Marin, Mukesh Ambani’s, Gautam Adani’s, Willy Shih, Frederic Neumann, Justin Feng Organizations: New, New Delhi CNN, Economic, Cornell University, International Monetary Fund, China, Barclays, IMF, ” Barclays, Hindustan Times, Modi, bonanza, Unified, Bharat, Getty, Bank, Mukesh Ambani’s Reliance Industries, Apple, Harvard Business School, HSBC Locations: New Delhi, India, Switzerland, Davos, ”, ’, China, ” New Delhi, Sewri, Mumbai Bhushan, AFP, Beijing, Washington

☆ 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

☆ LinkedIn's new AI chatbot wants to help you get a job
▼ + stars: | 2023-11-01 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

LinkedIn debuted an artificial intelligence-powered chatbot Wednesday that it's billing as a "job seeker coach," and unveiled other generative AI tools for Premium members. The new AI chatbot, which aims in part to help users gauge whether a job application is worth their time, is powered by OpenAI's GPT-4 and began rolling out to some Premium users Wednesday. "We had to build a lot of stuff on our end to work around that and to make this a snappy experience," Berger told CNBC in an interview. The chatbot will also point to potential gaps in a user's experience that could hurt them in the job application process. In the past, many uses of AI in hiring or job applications have faced criticism for bias against marginalized communities.

Persons: OpenAI's GPT, Erran Berger, Berger, We've, we've, Jordan Novet Organizations: LinkedIn, Microsoft, CNBC, Harvard Business, Tech, Qualcomm

☆ How generative AI's uncomfortable relationship with copyright law will determine the future of the industry
▼ + stars: | 2023-11-01 | by ( Riddhi Kanetkar | Tasmin Lockwood | ) www.businessinsider.com time to read: +7 min

Rights holders argue that AI using their work without a license should be considered "unauthorized derivative work" — an infringement of copyright law. Meanwhile, AI startups insist that their models comply with fair-use doctrine, which grants them some leeway to others' works. This month, Universal Music Group sued the AI startup Athropic for circulating copyrighted lyrics. He believes that future regulations may explicitly forbid AI data scraping. "They can train models on data that's not universally available to customers, and tell them it's licensed and compliant."

Persons: Eva Toorenent, who's, that's, Simon Menashy, Menashy, Ekaterina Almasque, OpenOcean Almasque, Getty, Sunny Dhillon, Harvey, Horowitz, Andre Retterath, GDPR, CCPA, Taylor, Swift Organizations: Universal Music Group, Getty, Harvard Business, MMC Ventures, Kyber Knight Capital, Nvidia, Earlybird Venture Locations: what's, Europe

☆ Wharton psychologist Adam Grant's tip for an 'amazing' cover letter: Admit if you are 'not quite the fit'
▼ + stars: | 2023-10-31 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Wharton organizational psychologist Adam Grant recently told CNBC's "Squawk Box" about an 'amazing' cover letter he read a few years ago, where the applicant did not have all the qualifications listed. Instead of ignoring her weaknesses, she addressed the elephant in the room by admitting that she was "not quite the fit." I don't have the years of experience and I don't have these skills," Grant said the cover letter read. "She got the job [after that cover letter] and she crushed it." Some of the most in-demand soft skills like time management and critical thinking can be developed in non-position-specific experiences that you can instead demonstrate in your cover letter.

Persons: Wharton, Adam Grant, CNBC's, Grant, Ian Siegel, Markman, Nic Fink, Fink, Warren Buffett Organizations: CNBC, Harvard Business

☆ Five facts about Morgan Stanley's new CEO Ted Pick
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +1 min

People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsCompanies Morgan Stanley FollowNEW YORK, Oct 25 (Reuters) - Morgan Stanley (MS.N) chose Ted Pick to succeed its longtime leader James Gorman as CEO, effective Jan. 1. Here are five key facts about Pick, who was seen as the front runner before the announcement on Wednesday:1) Pick has been co-president of Morgan Stanley for the past two years. As head of the institutional securities group, he oversaw investment banking, equities, fixed income, capital markets and research. 4) After joining Morgan Stanley in 1990, Pick was promoted to managing director in 2002 and joined the management committee in 2008.

Persons: Morgan Stanley, Brendan McDermid, MS.N, Ted Pick, James Gorman, Pick, Nupur Anand, Lananh Nguyen, Sonali Paul Organizations: New York City , New York U.S, REUTERS, Phi Beta Kappa, Middlebury College, Harvard Business School, Metropolitan Museum of Art, Thomson Locations: New York City , New York, New York

☆ How Morgan Stanley exec Ted Pick rose from 'rough edged' deal junkie to CEO
▼ + stars: | 2023-10-25 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +21 min

Editor's note: Morgan Stanley announced on October 25 that Ted Pick would replace James Gorman as CEO. Employees knew they were getting promoted if Pick told them to wear a tie the following day, an ex-managing director recalled. While Morgan Stanley currently trades at a premium among its Wall Street peers, its enviable success isn't thanks to Pick. Gonzalo Marroquin/Patrick McMullan via Getty Images Show less Morgan Stanley investment management head and dark horse in the race for CEO, Dan Simkowitz. Despite enjoying the stock price gains under Gorman's reign, plenty of longtime employees want another dyed-in-the-wool Morgan Stanley loyalist, according to a former senior executive.

Persons: Morgan Stanley, Ted Pick, James Gorman, Pick, Gucci loafers, Blackstone, Tony James, Morgan, Gorman, Andy Saperstein, Dan Simkowitz, John Mack, Ted, James, Phil Purcell, Mack, Purcell, Merrill Lynch, Paul Taubman, Colm Kelleher, coheads, Gonzalo Marroquin, Patrick McMullan, Saperstein, Euromoney, Parker Gilbert, He's, John, cohead, Bolu, Goldman Sachs, Pablo, tony, Betsey Kittenplan, Smith Barney, James cochairs, Jim Breyer, Anna Wintour, John Mack pranking Pick, John Waldron, I'm, Howard Marks, Bill Parcells, atta, Brian Moynihan, aren't, David Solomon, Jamie Dimon's, Eaton Vance, he's, you've, Richard Drew, —, Hayley Cuccinello Organizations: Employees, Archegos Capital Management, Blackstone, McKinsey, Getty, Middlebury College, China Construction Bank, Harvard Business School, Mitsubishi, Wall, Autonomous Research, Anguilla, Agricultural Bank of China, Capital Management, Metropolitan Museum of Art, Vogue, New York Rangers, Oaktree Capital Management, Bloomberg, Staten, Disney, JPMorgan, Trade, AP Locations: China, Beijing, Manhattan, New York City, Caracas, Venezuela, Brookville, tony Long, hcuccinello@insider.com

☆ The 3 in-demand soft skills candidates are 'most lacking in,' according to ZipRecruiter
▼ + stars: | 2023-10-23 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

Hiring managers are less and less impressed by where you went to college — or if you have a four-year degree at all. Nearly half — 45% — of companies have dropped degree requirements for some roles this year, according to new research from ZipRecruiter, which surveyed more than 2,000 U.S. employers. Instead, companies are prioritizing skills over education: 42% of companies are now explicitly using skills-related metrics to find candidates, LinkedIn told CNBC Make It in June, up 12% from a year earlier. "Employers have the perception that younger generations are no longer picking up these important soft skills at school or at college," she explains. Between 2021 and 2022, when companies were desperate to fill vacancies, many lowered their recruiting standards, hiring more "novice employees" lacking these important soft skills, says Pollak.

Persons: Julia Pollak, Marissa Morrison, Morrison, Pollak, Gen, Amanda Augustine, you've, Augustine Organizations: CNBC, Harvard Business, Glass Institute, Employers, Society for Human Resource Management, Global Locations: ZipRecruiter

☆ From town hall prep to disaster predictions: Mayors descend on Washington to learn how they can use generative AI in their cities
▼ + stars: | 2023-10-20 | by ( Lauren Feiner | ) www.cnbc.com time to read: +9 min

More than 100 mayors attended Bloomberg CityLab's Mayors Innovation Studio to learn about using artificial intelligence in city government. James Anderson, head of government innovation programs at Bloomberg Philanthropies, introduces mayors to the Mayors Innovation Studio on AI. The focus of Wednesday's session was primarily on how generative AI may streamline processes for cities or offer new insights to make them safer or more efficient. More than 100 mayors attended Bloomberg CityLab's Mayors Innovation Studio to learn about using artificial intelligence in city government. The event sought to give mayors a starting point for how to think about implementing generative AI into their processes.

Persons: Bloomberg Philanthropies, they're, James Anderson, Anderson, Mitch Weiss, Weiss, ChatGPT, chatbot, they've, Breda, Santiago Garces, Garces, Tim Kelly, Kelly, Andrew Ginther, Ginther, we're, Breed Organizations: Bloomberg CityLab's, Innovation, Bloomberg, Congress, Harvard Business School, Boston, CNBC, Center for Government Excellence, Johns Hopkins University, AI, San Francisco Mayor London Breed, YouTube Locations: Washington ,, Washington, Boston, New York City, York, Buenos Aires, Argentina, Chattanooga , Tennessee, Columbus , Ohio, coders, India

☆ eBay's first chief AI officer is building AI tools to change how people shop online, saying the AI 'paradigm shift' will happen in three phases
▼ + stars: | 2023-10-10 | by ( Madeline Stone | ) www.businessinsider.com time to read: +6 min

E-commerce companies eBay and Shopify are both building tools that enable online sellers to use AI. eBay chief AI officer Nitzan Mekel-Bobrov said he sees AI bringing a "paradigm shift" to e-commerce. AdvertisementAdvertisementNitzan Mekel-Bobrov joined eBay as the company's first chief AI officer in 2021. Internally, eBay is also developing AI tools that are aimed at improving productivity and creativity for its engineers, analysts, and content creators. Jaffer told Insider that business owners often have specific needs that aren't easily solved by the AI tools that are widely accessible today.

Persons: Nitzan, Bobrov, —, We've, Miqdad, Jaffer, Shopify, They've Organizations: eBay, Service, Canadian, eBay's, Harvard Business School Locations: Shopify

☆ Nominate a leader for CNBC's debut Changemakers list: Women transforming business
▼ + stars: | 2023-10-03 | by ( Julia Boorstin | ) www.cnbc.com time to read: +6 min

Game-changing female leadership is a topic that is close to my heart, and I'm thrilled to announce a new annual list at CNBC, Changemakers: Women transforming business. The list will highlight 40 trailblazing women who have accomplished meaningful achievements in the past year, women from companies and organizations across all sectors of the economy, including philanthropic organizations. Together, we will highlight how today's successful women leaders are taking novel approaches to old business problems and identifying new business opportunities. To help us identify a diverse and inclusive list, we have created an advisory board of experienced leaders across the business and philanthropic space. CNBC Changemakers are the new icons rewriting the rules and shaping the dynamic business landscape.

Persons: I'm, I've, — Joanne Bradford, Desiree Gruber —, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Beth Ford, Ken Frazier, Desiree Gruber, Kris Jenner, Oscar Munoz, Laurene Powell, Emerson, Sheryl Sandberg, Stacy Smith Organizations: CNBC, Fortune, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, CNBC Changemakers Locations: Silicon

The ramifications for global markets are significant, with Washington and Beijing's determination to loosen dependence on each other fraying long-established supply chains. Many central banks target 2% inflation; market gauges of traders' long-term U.S. and European inflation expectations are running higher , . Anna Rosenberg, head of geopolitics at the Amundi Investment Institute, said Sino-U.S. tensions, provide a "new lens" through which to analyse emerging markets' growth prospects. But the performance of big U.S. tech stocks and global share indices are vulnerable to signs of Chinese retaliation. With China underperforming global stocks, investors are split on how to approach this market.

Persons: Dado Ruvic, Joe Biden, Goldman Sachs, Wouter Sturkenboom, Laura Alfaro, Anna Rosenberg, Christopher Rossbach, J, Stern, Carole Madjo, Wendy Liu, Baird, Patrick Spencer, Naomi Rovnick, Kripa Jayaram, Riddhima, Vineet, Sumanta Sen, Pasit, Louise Heavens Organizations: REUTERS, EMEA, APAC, Northern Trust, Reuters, Research, Harvard Business, Amundi Investment Institute, INDIA RUSH, Barclays reckons, EU, Apple, China, Barclays, JPMorgan, Thomson Locations: West, China, Washington, Western, Germany, Northern, Europe, FRIENDSHORING Washington, Vietnam, Mexico, Mongolia, Philippines, Sino, U.S, India, Beijing, COVID, CHINA

☆ CEO shares a ‘secret trick’ for deciding to quit your toxic job: 'It can make it much, much clearer'
▼ + stars: | 2023-09-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Toxic bosses are far too common: They're the reason 57% of employees have quit a job, according to one report. Robyn L. Garrett, an author and CEO of leadership coaching firm Beamably, has a "secret trick" for figuring out whether it's time to abandon ship. "We don't always know why we have negative feelings about the workplace, but if you've taken the time to define your values, it can make it much, much clearer." You should probably consider leaving your job if you are completely opposed to your boss's approach on a moral level. If they're stuck in their ways, you'll have to resort to changing your communication style to match theirs.

Persons: Robyn L, Garrett, Beamably, you've, they'll, they're Organizations: Harvard, Harris Poll, Interact, CNBC

☆ Fmr. Best Buy CEO Hubert Joly on state of the consumer, rise of retail theft and FTC-Amazon lawsuit
▼ + stars: | 2023-09-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Best Buy CEO Hubert Joly on state of the consumer, rise of retail theft and FTC-Amazon lawsuitHubert Joly, Harvard Business School senior lecturer and former Best Buy chairman and CEO, joins 'Squawk Box' to discuss the state of the consumer, as confidence drops to a 4-month low, the impact of inflation on spending, rise of retail theft and organized crime, and more.

Persons: Hubert Joly Organizations: Harvard Business School

☆ Verizon's CEO swears by a simple 1-question morning routine: It gets you into the 'right mood and right energy'
▼ + stars: | 2023-09-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

For Verizon CEO Hans Vestberg, self-reflection is serious business. Vestberg started the routine in 2009 after becoming CEO of Swedish telecommunications company Ericsson, and he's done it "every day" since, he said. Each morning, Vestberg ranks his mood "from 1 to 10," he said, helping him get into the "right mood and right energy" to do his job. Jerry Colonna, an executive coach sometimes known as the "CEO whisperer," has a similar routine called "radical self-inquiry" that he says helps him make better decisions. "Spend a few minutes each day, but not the entire day, asking questions like how am I really feeling?

Persons: Hans Vestberg, Vestberg, He's, Jerry Colonna, Colonna, Juliette Han Organizations: Verizon, Fast, Ericsson, CNBC, Harvard

☆ Meta and Salesforce are looking to re-hire some workers they just laid off. It's putting those people in an awkward spot.
▼ + stars: | 2023-09-24 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Companies like Meta, the parent of Facebook, and Salesforce are bringing back some of the workers they let go . In some cases where the layoffs were conducted reasonably well, a return might be something former workers would consider. Whether to return is a question some former Salesforce workers are likely asking. She said workers considering returning to a former employer might ask themselves questions such as: Why was I laid off? Now it's tech workers' turn.

Persons: Sandra Sucher, Harvard Business School who's, Sucher, they'd, Salesforce, Marc Benioff, —, Salesforce execs, What's, who'd, lockdowns, it's, ChatGPT Organizations: Big Tech, Service, Companies, Meta, Facebook, Harvard Business School, Bloomberg, Workers, LinkedIn Locations: Wall, Silicon

☆ Why the 'coffee-cup test' taps into our fears about the rise of AI in hiring
▼ + stars: | 2023-09-21 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

The "coffee-cup test" has resurfaced online as a symbol, for some, of opaqueness in hiring. The secret nature of the test can raise similar concerns to the use of AI in hiring. AI can seem just as arbitrary in its decision making as the coffee-cup test. AI, of course, could make a hiring process that's still way too subjective that much less so. The online poll, conducted in June by Resume Builder, involved about 1,000 people who are part of the hiring process at their employers.

Persons: today's, —, Josh Millet, Millet, who's, there's, There's, Harris, Sandra Sucher, Sucher, it's Organizations: Service, Amazon, American Staffing Association, Pew Research Center, Harvard Business School Locations: Wall, Silicon, Los Angeles

☆ Patagonia boss shares the No. 1 responsibility all CEOs have right now—it takes 'courage' to pull off
▼ + stars: | 2023-09-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Patagonia CEO Ryan Gellert has a simple message for other leaders across corporate America: Start taking your responsibility to the environment seriously. "I think common sense tells us that the climate ecological crisis is one of the biggest threats facing humanity." Thousands of CEOs across the world say evolving to more environmentally-conscious business models is essential for the longevity of their companies, the 26th annual PwC Global CEO Survey found. CEOs with the "courage" and "consistent willingness to do the work" could reap similar benefits, Gellert said. DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: Ryan Gellert, Gellert, Yvon Chouinard, aren't, Axios Harris Organizations: PwC Global, Survey, Harvard, McKinsey & Co, Costco, Apple, CNBC Locations: Patagonia, America

☆ Harvard-trained expert shares how to 'move fast and fix things': It's surprising 'how infrequently people actually do it'
▼ + stars: | 2023-09-20 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +5 min

Mark Zuckerberg's five-word motto "move fast and break things" spawned Meta's multibillion-dollar success and inspired an entire generation of Silicon Valley entrepreneurs. In a TED Talk earlier this year, Morriss decried the idea behind Zuckerberg's phrase, suggesting instead that CEOs and leaders everywhere should "move fast and fix things." She offered a five-step guideline you can use to fix problems in your workplace, with each step assigned to a day of the week to keep you on schedule. Your goal should be to create a "good enough" plan to fix your problem, Morriss said. So, if we have not first earned trust and we go fast, we will break things guaranteed.

Persons: Mark Zuckerberg's, It's, Anne Morriss, Morriss, Zuckerberg, it's, Frances Frei, Frei, Uber, Travis Kalanick, Dara Khosrowshahi Organizations: Harvard Business School, TED, Harvard Business, Khosrowshahi's Locations: Silicon Valley

☆ The boss is back in charge
▼ + stars: | 2023-09-17 | by ( Beatrice Nolan | Sarah Jackson | ) www.businessinsider.com time to read: +7 min

After a brief transition of power to workers, it feels like bosses are back in charge. Between the rise of AI, return-to-office mandates, and layoffs — employee anxiety is high. Between the rise of job-threatening AI, strict return-to-office mandates, and sweeping layoffs, it feels like bosses are clawing back what little remains of employees' power . The economic trend began in early 2021 in the wake of the pandemic and saw millions of workers quit their jobs . AdvertisementAdvertisementThe charge is largely being led by Big Tech and banks, with varying degrees of severity and pushback.

Persons: didn't, Peter Cappelli, Cappelli, Erin Kelly, Stanford, Nick Bloom, they're, Raj Choudhury, OpenAI's ChatGPT Organizations: Service, Companies, Wharton Business School, MIT Sloan, Big Tech, Amazon, Web Services, Harvard Business School, Octopus Energy Locations: Wall, Silicon

☆ Frontier Airlines CEO says the pandemic made workers 'lazy' and less productive: 'People are still allowing people to work from home, all this silliness, right?'
▼ + stars: | 2023-09-15 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +6 min

Frontier Airlines CEO Barry Biffle criticized remote work, saying the pandemic made people lazy. Biffle joins a growing list of execs critical of remote work, including Elon Musk and David Solomon. Frontier Airlines CEO Barry Biffle criticized working from home while speaking at Morgan Stanley's Laguna Conference this week, saying the pandemic made people lazy and that workers have gotten less productive as a result. AdvertisementAdvertisement"This is not ideal for us, and it's not a new normal," Solomon said at a conference in February 2021 regarding remote work, Bloomberg reported. AdvertisementAdvertisementAs the debate over working from home continues, there have been conflicting conclusions from studies on whether remote work is conducive to productivity.

Persons: Barry Biffle, Biffle, Elon Musk, David Solomon, they're, We're, Biffle isn't, Elon, Tim Gurner, Alexandria Ocasio, COVID, Gurner, Goldman Sachs, it's, Solomon, Mark Zuckerberg, Meta, Zuckerberg, Brian Chesky, Airbnb, Prithwiraj Choudhury Organizations: Frontier, Elon, Service, America . Frontier Airlines, Morgan, Laguna Conference, Frontier Airlines, Meta, Apple, Google, CNBC, Millionaire, Bloomberg, Engineers, Harvard Business School, Companies, Street Journal, Research Locations: Wall, Silicon, America, Cortez, Australia, Airbnbs, India

☆ Citigroup CEO Jane Fraser pushes biggest overhaul in almost two decades
▼ + stars: | 2023-09-13 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +3 min

Citigroup CEO Jane Fraser testifies during a U.S. House Financial Services Committee hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks” on Capitol Hill in Washington, U.S., September 21, 2022. The bank is also planning to list its Mexican consumer unit, known as Banamex, after a sale process fell through. Scottish-born Fraser is the first woman to lead a Wall Street bank. She spoke in March about her life and career in a wide-ranging interview with Carlyle Group (CG.O) Co-Founder David Rubenstein. Reporting by Tatiana Bautzer; writing by Michelle Price; editing by Lananh Nguyen and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Jane Fraser, Elizabeth Frantz, Jane Fraser's, we've, Fraser, Michael Corbat's, Sandy Weill, David Rubenstein, Goldman Sachs, Smith Barney, Tatiana Bautzer, Michelle Price, Lananh Nguyen, Josie Kao Organizations: Citigroup, . House Financial, REUTERS, Citi, JPMorgan Chase &, Bank of America, Banks, Carlyle Group, Cambridge University, Harvard Business School, McKinsey, Thomson Locations: Washington , U.S, U.S, New York, Scottish, Mexico

☆ Elon Musk's 'enraging qualities' are key to his success, says biographer
▼ + stars: | 2023-09-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Some of CEO and entrepreneur Elon Musk's most polarizing attributes may have also enabled his success so far, says biographer Walter Isaacson. That reckless streak can't be separated out from Musk's track record of innovation at companies like Tesla and SpaceX, Isaacson told CNBC's "Squawk Box" on Tuesday. "I didn't believe in vacations. I didn't believe in weekends. I didn't believe the people I worked with should either," Gates said, adding that he didn't realize he needed to change until he became a dad.

Persons: Elon Musk's, Walter Isaacson, Musk, Isaacson, CNBC's, Elon Musk, Mark Zuckerberg, Mark Cuban, Cuban, Let's, Bill Gates, Gates, Satya Nadella, Nadella, He's, Kimbal Organizations: SpaceX, Microsoft, Northern, Harvard Business, CNBC Locations: Northern Arizona

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