FedEx shares chalked up their biggest daily drop on record after the company warned on its outlook and said it would close offices, freeze hiring and park aircraft in response to a decline in package shipping volumes. The update, from a company considered a bellwether of global economic growth because […]
Garuda Indonesia’s New Business Plan Could See It Remove First Class Seats
Garuda Indonesia IATA/ICAO Code: GA/GIA Airline Type: Full Service Carrier Hub(s): Jakarta Soekarno-Hatta International Year Founded: 1949 Alliance: SkyTeam CEO: Irfan Setiaputra Country: Indonesia Garuda Indonesia may scrap its first class cabin and cut most of its international routes as part of its restructuring. The carrier will instead focus on […]
Next up for US unions: Major contracts for 700,000 workers
The agreement, reached in the early hours Thursday, kept more than 50,000 engineers and conductors on the job, and won members the changes in work rules sought by their leadership. They also got an immediate 14% raise, backpay dating to 2020 and raises totaling 24% over the five-year life of […]
As FedEx stock crashes after brutal profit warning, analyst points to a lurking Amazon
FedEx has blown three tires before the peak holiday shipping season, and chatter on the Street is that mighty Amazon may have played a role. “It makes sense to see Amazon to trade off with this but there could also be a competitive element going on here too,” JPMorgan’s Jack […]
Garuda Indonesia’s Strange New Business Plan
In mid-2021, Garuda Indonesia announced plans for a major restructuring. The airline had been losing money for years (even pre-pandemic), and had crippling debt. It looks like the airline is now headed into a completely new direction, and… I’m not sure this is gong to end much better? Garuda Indonesia’s […]
How to Build and Manage a Team As a New Entrepreneur
In the early days of a venture, entrepreneurs are often a one-person show. But they eventually need to shift from the business-opening stage to the hiring and leading phase. Here, experts and Grubhub founder Mike Evans share how founders can tackle the challenge. This article is part of Talent Insider, […]
QAnon Song Plays As Trump Speaks, MAGA Supporters Give One Finger Salute
Former President Donald Trump spoke at a rally for JD Vance on Saturday in Youngstown, Ohio. A QAnon song played while he spoke about Ukraine, “Fake News,” and Hunter Biden’s laptop. His followers pointed their fingers to the sky. Experts say the finger salute may have also been a nod […]
This week in Bidenomics: Fooled by gas prices
America’s mood is improving, as gas prices decline. Pump prices have fallen by $1.30 per gallon since June, to a somewhat manageable national average of $3.70. Consumer confidence fell during the first half of the year, as gas prices were soaring, but confidence has improved since July. There’s no better […]
Mark Mariani Scholarship for Future Entrepreneurs in the United States Now Available
Greenwich Businessman Mark Mariani Provides Scholarship Funding for Students Who Want To Launch a Business in the Future GREENWICH, Conn., Sept. 16, 2022 (GLOBE NEWSWIRE) — If you are a student living and studying in a USA-based university or college, you are being encouraged to apply for Greenwich Entrepreneur Mark […]
FedEx issues ominous warning about the global economy, shares tumble
FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.” FedEx CEO Raj […]
Impartner Business Planning Levels Up Partner Experience
New Business Planning brings more scalability, transparency, and collaboration to QBRs, allowing companies to engage all tiers of partners, including the smallest ones SALT LAKE CITY, Sept. 15, 2022 /PRNewswire/ — Impartner, the global pure-play leader in SaaS-based channel management and Partner Relationship Management (PRM), launched Impartner Business Planning within its […]
Pursuing a career in finance? Here’s Fortune’s list of the best places to work
When it comes to creating an engaging and supportive work environment for employees, 50 of the largest financial services and insurance companies are doing a better job than most. Fortune partnered with global people analytics firm Great Place to Work to spotlight the Best Workplaces in Financial Services and Insurance […]
Insider and Indeed partner on news and resource platform to help small businesses hire and retain talent to fuel business growth
Talent Insider features targeted news and advice, small business mentorship program, a virtual learning event, and valuable recruiting tools NEW YORK, Sept. 16, 2022 /PRNewswire/ — Insider, the global news, business and lifestyle publisher, and Indeed, a leading global hiring platform, today announce the launch of Talent Insider, a new […]
Visa, Mastercard, AmEx to categorize gun store sales separately
Check out what’s clicking on FoxBusiness.com Payment processor Visa announced Saturday its plans to separately categorize gun shop sales, joining Mastercard and American Express, which have already said they would categorize purchases at firearm stores. Visa said it would apply the International Organization for Standardization’s new merchant code to gun […]
New ideas, economic success just part of what business plan contest brings to area
Grass Sticks was a business born from the Yampa Valley Entrepreneurship Center’s Community Business Plan Competition in 2015.Courtesy photo When Andrew Beckler created a bamboo ski pole in his garage in 2014, he knew it was a great idea, but the founder said it was the lessons he learned developing […]
Intel breaks ground at “Silicon Heartland” in Licking County
White tents sprung up like mushrooms Friday on the dusty patch of dirt where Intel is building two microchip factories. Returning to a line from his last state of the union address, President Biden called it a “field of dreams” serving notice that “the industrial Midwest is back.” “Since I […]
Peloton co-founders John Foley and Hisao Kushi are leaving the company
Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Co-founder and former CEO John Foley resigned from his position as executive chairman of the […]
ETH holders may come out of the Merge with an extra token. What investors should know.
As Ethereum (ETH-USD) prepares to complete its Merge upgrade at least one group is planning to fork its codebase. And as often happens in crypto, this move will likely confuse some holders, encourage some fraudsters to emerge, and may not be executed in a uniform manner. Ethereum’s transition from proof […]
Our Roads to Harvard – The Harbus
Edgard Mejico, Geopolitics Editor Edgard Mejico shares stories of how some incoming international students navigated their way to campus over the past years. As international students, our road towards Harvard can sometimes take some detours and unexpected turns that help us grow, learn and lead even before we reach campus […]
Starbucks hikes forecast outlines plans for automated ordering, baristas
Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks hiked its long-term financial forecast on Tuesday after outlining a series of changes coming to its cafes as part of its reinvention […]