BUSINESS

Advertisement
Dec 28 2024BUSINESS

Remembering Richard Parsons: A Leadership Legend

Richard Parsons, a prominent figure in the world of business, passed away recently at the age of 76. Known for his influential roles at Time Warner and Citigroup, Parsons left a significant mark on corporate America. Diagnosed with multiple myeloma in 2015, he continued to contribute to various boar

reading time less than a minute
Dec 28 2024BUSINESS

How Hotels in China and Britain Handle Negative Reviews Online

In the age of internet reviews, how a hotel responds to negative feedback can make or break its reputation. A recent study looked at how hotels in Beijing and London use language to deal with unhappy guests. It turns out, they have different ways of handling complaints. The study found that Chinese

reading time less than a minute
Dec 28 2024BUSINESS

Boeing's Space Ambitions Could Boost Stock in 2025

Boeing is hoping to turn things around in 2025 with its space program. After a tough 2024, investors are curious about what the company has planned. Boeing's CEO, Kelly Ortberg, says the team is ready to perform better. One big factor could be the Vulcan rockets, which Amazon will use for space laun

reading time less than a minute
Dec 28 2024BUSINESS

By 2025, Many Firms to Demand 3 Days in Office Weekly

Imagine this: Almost every 4 out of 5 companies with a return-to-office (RTO) policy plan to have their staff in the office for at least 3 days a week by the end of 2025. That's according to a survey of 900 business leaders conducted by a resume-building platform. While many employees might prefer t

reading time less than a minute
Dec 28 2024BUSINESS

Elon Musk's Chinese Connections: What's the Deal?

Elon Musk, the CEO of Tesla and SpaceX, has been under scrutiny for his close ties with China. Recently, his influence on a spending bill and pro-China comments have raised red flags among Republicans. Musk's business in China is a big deal—Tesla's Shanghai factory is its largest, producing half of

reading time less than a minute
Dec 28 2024BUSINESS

Costco Stands Firm on Diversity Despite Critics

Costco, the popular warehouse retailer, is taking a strong stance against a growing wave of opposition towards diversity, equity, and inclusion (DEI) efforts. The company recently advised its shareholders to reject a proposal from a conservative think tank, the National Center for Public Policy Rese

reading time less than a minute
Dec 28 2024BUSINESS

How Traditional Chinese Firms Can Master Digital Transformation

In today's global market, China is making big waves with its digital technologies. But how can traditional firms in China join the digital party? Researchers used the ability-motivation-opportunity (AMO) framework to find out. They looked into six key factors that guide these firms towards digital t

reading time less than a minute
Dec 27 2024BUSINESS

Small Businesses Get a Break: Court Halts Reporting Rule

In a recent turn of events, the U. S. Court of Appeals for the Fifth Circuit has stepped in to help small businesses. The court has decided to temporarily block a rule that would have required small businesses to report information about their owners. This rule, part of the Corporate Transparency Ac

reading time less than a minute
Dec 27 2024BUSINESS

The Quiet Giant: Richard Parsons' Legacy

Richard Parsons, a towering figure in the media world, has passed away at the age of 76. Known for his calm demeanor and strategic mind, Parsons left his mark on companies like CBS, Citigroup, and the LA Clippers. He was often called upon to steady the ship during turbulent times. Parsons battled tw

reading time less than a minute
Dec 27 2024BUSINESS

Is Going Green Good for Business? China's Tax on Pollution

Imagine you're a business leader in China. Would you believe that paying taxes on pollution could actually boost your exports? Well, that's what happened with the Environmental Protection Tax Law (EPTL) introduced in 2018. This law charged companies for the pollution they produced, and the result? A

reading time less than a minute