Tag Archives: giving

Formula One drivers use virtual reality to simulate a race, Walmart (WMT) employees don the headsets to prepare for unruly customers, and Bank of America (BAC) workers practice sensitive financial conversations on the devices. But as a labor shortage stifles companies struggling to make hires in the first place, some firms have turned to virtual reality for help attracting and retaining new employees who may never set foot in the office. Julie Sweet, CEO of the Ireland-based consulting giant… Source link

SAN FRANCISCO — Last Saturday, after a three-mile hike through the Presidio, I stood in a throng of tourists looking at the Golden Gate Bridge. As the crowd snapped photos of the landmark, I decided to join in. But instead of reaching into my pocket for my iPhone, I tapped the side of my Ray-Ban sunglasses until I heard the click of a shutter. Later, I downloaded the photos that my sunglasses had just taken to my phone. The process was instant, simple, unobtrusive — and it was powered by… Source link

The student loan debt crisis arose after legislative changes over the years that created a system of largely unchecked lending to millions of students, according to a reporter and author of a new book. “If you just keep on issuing student debt in the same fashion, which is basically giving families a blank check, you’re just going to have more and more families end up in unrepayable debt over the years, and it doesn’t really solve the underlying issue,” Josh Mitchell, Wall Street Journal… Source link

Pinterest gave all its staff a day off on Friday. It joins firms like Nike, Bumble, and LinkedIn in giving employees bonus time off to combat burnout. Yahoo also gave staffers a day off to celebrate the firm’s acquisition by private equity firm Apollo. … Source link

There may be a budding consumer spending slowdown underway at the hands of COVID-19 Delta variant fears, but that isn’t stopping some household name retailers from reinstating the dividends and buyback plans they scrapped at the height of the pandemic.  For some analysts on the Street, the moves make total sense.  “I wouldn’t say that anyone [retailer] returning cash is all of a sudden better off than they were before, but I think they are realizing that they did a good job. They put as much… Source link

When her contract with Nike (NKE) was up for renegotiation, American Olympian Colleen Quigley chose to leave the athletic apparel giant for a different type of deal with Lululemon (LULU). “I’ve been with Nike since 2015 when I graduated from Florida State University… and joined the team out here in Portland, then had a great five-year run with them,” Quigley said on Yahoo Finance Live (video above). “But I think when I got to the end of that, I just decided that they weren’t giving me… Source link

(Bloomberg) — Billionaire hedge fund manager Alan Howard paid $59 million for a Manhattan townhouse in March. Just two months later he obtained a $30 million mortgage from Citigroup Inc. Denis Sverdlov, worth $6.1 billion thanks to his shares in electric-vehicle maker Arrival, recently pledged part of that stake for a line of credit from the same bank. For Edgar and Clarissa Bronfman the loan collateral is paintings by Damien Hirst and Diego Rivera, among others. Philippe Laffont, meanwhile,… Source link

MacKenzie Scott, philanthropist and former wife of billionaire and Amazon (AMZN) CEO Jeff Bezos, announced on Tuesday that she donated another $2.74 billion to charity.  Scott has donated a total of $8.5 billion since July 2020. “Me, Dan [Jewett, Scott’s new husband], a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote in a Medium post titled ‘Seeding by Ceding’…. Source link

Once again, Google is hitting the reset button, combining with Samsung’s Tizen wearable operating system for a new wearable OS, tentatively called “Wear.” The company is throwing in the towel on Wear OS. It’s trying yet again, this time with Samsung’s Tizen OS helping to fill in the gaps that Google, for whatever reason, can’t. It’s theoretically good news for Android owners interested in a decent smartwatch — but one that’s damning of Google’s lackluster efforts in… Source link

Axios Scoop: GOP leaders threaten Cheney ouster Top Republicans are turning on Rep. Liz Cheney, the party’s highest-ranking woman in Congress, with one conservative leader suggesting she could be ousted from her GOP post within a month.Why it matters: The comments by Reps. Steve Scalise, the minority whip, and Jim Banks, chairman of the Republican Study Committee, carry weight because of their close relationship with House Minority Leader Kevin McCarthy (R-Calif.) — who is openly feuding… Source link