There are big surprises in the ranking of global vehicle sales by country in 2022. According to preliminary data for 78 countries of the world, the global volume fell by 2 percent to 78.49 million units (passenger cars and light commercial vehicles). As a result, the estimated total, including missing markets, is approximately 81.5 million units. The top … Read more
Meta CEO, Mark Zuckerberg doesn’t think managers managing managers is an ideal corporate structure.Drew Angerer/Getty Images Mark Zuckerberg reportedly said managers should not be rewarded for creating larger teams. Zuckerberg reportedly said he doesn’t think a structure of “just managers managing managers” is ideal. Meta’s chief product officer Chris Cox has discussed the need to … Read more
The Great Resignation, quiet-quitting, and a looming recession have caused major changes to the labor force. First, workers quit in droves due to a pandemic-induced burnout. Then, some of the ones who stayed on the job quietly started doing the minimum work required. And more recently have come mass layoffs. The job cuts that started … Read more
Contrive Datum Insights Pvt Ltd According to a market research study published by Contrive Datum Insights, North America had the biggest share of the market, and it is expected that this region will grow at a CAGR of almost 10% during the forecast period. Farmington, Jan. 28, 2023 (GLOBE NEWSWIRE) — The Global Wheelchair Lift … Read more
Google last week announced it’s making 12,000 roles redundant New Delhi: A man who worked as a recruiter at Google said he discovered he had been sacked by the tech giant in the middle of an interview last Friday. In a LinkedIn post, Dan Lanigan Ryan said he was interviewing a candidate when the call got … Read more
These 44 founders have lost half their wealth and are nearly $100 billion poorer than a year ago. Twelve are no longer billionaires. By Matt Durot Last January, credit card startup Brex raised $300 million from a string of A-list investors, nearly doubling the company’s valuation to $12.3 billion and making its Brazilian cofounders– 26-year-old … Read more
Gautam Adani may not be a household name in the US, but the billionaire is the richest man in India and one of the richest in the world. However, Adani and his Adani Group are now embroiled in a nasty public fight with a US research group that accuses him of shady business practices, … Read more
Contrive Datum Insights Pvt Ltd According to a market research study published by Contrive Datum Insights, more than 40% of all revenue came from the Asia-Pacific region, and it is expected that it will continue to be the most important region during the next year. Farmington, Jan. 28, 2023 (GLOBE NEWSWIRE) — The Global Enabling … Read more
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PCE: inflation cools along with consumer spending American Express, Visa climb higher on solid demand Chevron falls after missing profit estimates Indexes up: Dow 0.08%, S&P 0.25%, Nasdaq 0.95% NEW YORK, Jan 27 (Reuters) – Wall Street advanced on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance … Read more
When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for a privately held startup. Defending that valuation appears to be challenging. The fintech company has reportedly approached investors about raising more capital — at least $2 billion — at a … Read more