Tag Archives: books

The late Jack Welch led the transformation of General Electric into a multinational corporation that, at one point, became the world’s most valuable company — earning him a reputation as “manager of the century.” But a recent book raises questions about that legacy. In “The Man Who Broke Capitalism,” reporter David Gelles argues that Welch popularized an approach to management that focused on shareholder value at the expense of workers and, ultimately, the company he ran. One of Welch’s… Source link

A company’s public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if not for its “don’t be evil” motto? Nobody’s going to buy your cars if they think the company is run by some “pedo guy.” With the scale of business that modern tech giants operate at and the amounts of… Source link

Bitcoin’s (BTC-USD) arrival into the mainstream has seen companies like Microstrategy (MSTR), Block (SQ) and Tesla (TSLA) add the digital coin to their balance sheets — and spawned a new class of investors drawing all or part of their salaries in cryptocurrency. But with Bitcoin slumping by nearly half since hitting a November high under $69,000 in the midst of crypto’s grim winter, the strategy is not without risk — especially for companies bound by strict corporate accounting rules that… Source link

The second year of the coronavirus pandemic showed that the world isn’t slowing down any time soon, and neither is creativity. From biographies of famous economic leaders to a retrospective of our nation’s response to the pandemic and a deep dive into the scandals of Nixon’s VP Spiro Agnew, there was no shortage of books that captured the attention of the Yahoo Finance staff in 2021. Here are the top nine books the Yahoo Finance staff read and loved this year.  (Photo: Penguin Random… Source link

(Bloomberg) — Monday’s Asia trading session took on a decisively risk-off tone: U.S. stock index futures fell, Treasuries gained and risk-sensitive currencies slid as investors fretted over fresh lockdowns to slow the new variant. Most Read from Bloomberg Senator Joe Manchin’s rejection of the U.S. spending package at the heart of President Joe Biden’s economic agenda heaped fresh fuel to the fire with market liquidity starting to thin as Christmas nears. “Markets this week and next… Source link

Photo by: BBB/STAR MAX/IPx 2021 2/24/21 A Walmart is seen in Stillwater, Oklahoma. Walmart (WMT), the nation’s largest private employer, says it will start paying 100% of the tuition for its debt-free college perk as part of a $1 billion commitment to career training and development over the next five years. In the summer of 2018, the big-box retailer began offering its 1.5 million U.S. associates debt-free college, as part of its $1-a-day college tuition perk, called Live Better U. Beginning… Source link

Google has been trying to make ebooks accessible to a wider global audience including those who are learning to read. The web giant is continuing its focus on youngsters by launching a set of audio resource tools for children’s titles on Google Play Books. Kids can now listen to a book read out loud, with the ability to turn pages automatically or manually, on titles designated for those aged up to eight years old. The popularity of audiobooks and podcasts on dedicated services such as Source link

BOSTON (AP) — Six Dr. Seuss books — including “And to Think That I Saw It on Mulberry Street” and “If I Ran the Zoo” — will stop being published because of racist and insensitive imagery, the business that preserves and protects the author’s legacy said Tuesday. “These books portray people in ways that are hurtful and wrong,” Dr. Seuss Enterprises told The Associated Press in a statement that coincided with the late author and illustrator’s birthday. “Ceasing sales of… Source link

Thursday, January 28, 2021 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe A very partial recap of a bizarre day in financial markets. It’s hard to think of a more chaotic set of circumstances than what befell the stock market on Wednesday. The day’s main event was the continuing rally in highly-shorted stocks fueled by attention from Reddit — and by now, almost certainly accompanied by big money investors piling into the strangest trade in… Source link

Even as the COVID-19 pandemic hit every industry and drowned out so much of the news in 2020, global business also reckoned with racial justice protests and a reinvigorated Black Lives Matter movement, the ongoing fight for gender equality in the boardroom and equal pay, the social and economic effects of the U.S. presidential election, and continued scrutiny and criticism of Big Tech and its role in our lives. Many of these events or movements have further divided Americans, politically or… Source link