The Latest Dirty Word in Corporate America: ESG
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
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Barclays slashed 5,000 jobs last year in major cost-cutting drive
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
Intel to Buy Silicon Mobility SAS
Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric vehicle energy management. The purchase is one of the plans Intel announced at CES to bring its “AI everywhere strategy into the automotive market.” Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Exploring the Impact of Global Supply Chain Disruptions on Businesses Worldwide
In an interconnected world where businesses span continents and markets are as global as your local supermarket’s produce section, the supply chain is the unsung hero of our modern economy. However, recent years have shown that this complex web of logistics and commerce is more fragile than previously thought. Let’s dive into the tumultuous waves…
Ford adjusts the pricing of its F-150 Lightning EV by as much as $10,000
The Ford F-150 Lightning Electric Truck. John Tlumacki | Boston Globe | Getty Images DETROIT — Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models. The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an…
Building an e-commerce sales success story is getting more complex and costly
Products in a loading bay at an Amazon fulfillment center on Prime Day in Melville, New York, US, on Tuesday, July 11, 2023. Bloomberg | Bloomberg | Getty Images Amazon may be the epitome of big business, but more than 60% of the behemoth’s sales last year came from small- and medium-sized businesses. Small businesses rely on…
Santa Cruz is California’s least-affordable housing market. Are high-rises a solution?
SANTA CRUZ — You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize percentage of locals camping on the streets. This seaside county known for its windswept beauty and easy living is in the midst of…
