At least 90 jobs have been lost within PlayStation’s North American business, a new report has revealed. The roles were primarily based in the company’s sales and marketing divisions, Axios reported, largely in positions that dealt with physical retail stores. Included in the cuts was the company’s “merchandiser” team, responsible […]
Month: April 2022
Managers With Business Degrees Cut Worker Pay: NBER Study
Managers with business degrees aren’t more productive than their counterparts, a new NBER study found.In both the US and Denmark, worker wages went down after firms hired managers with business degrees.Demand to hire MBA graduates is soaring, however.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]
US Watered Down Sanctions on Russian Oligarch: WSJ
The US Treasury issued a special license exempting Alisher Usmanov’s businesses from sanctions.The move makes it legal for the oligarch’s entities to continue doing business with US companies.Officials feared that blocking his network of businesses could disrupt global trade, WSJ reported.Sign up for our weekday newsletter, packed with original analysis, […]
Europe has designs on making the ‘fast fashion’ industry more sustainable
Enlarge this image Customers queue to enter a re-opened Zara clothes shop at Colombo shopping center in Lisbon, Portugal, on in April 2021.Patricia de Melo Moreira/AFP via Getty Images hide caption toggle caption Patricia de Melo Moreira/AFP via Getty Images Customers queue to enter a re-opened Zara clothes shop at […]
New details emerge about federal investigation into Hunter Biden – CBS News
The federal investigation into Hunter Biden’s business practices is broader than previously known, with multiple sources telling CBS News the probe is exploring whether the younger Biden and his associates violated tax, money laundering and foreign lobbying laws. Business records reviewed by CBS News and documents released by Republicans in […]
Managers who went to business school are better at cutting pay than boosting sales, new study shows
Managers with business degrees aren’t more productive than their counterparts, a new NBER study found.In both the US and Denmark, worker wages went down after firms hired managers with business degrees.Demand to hire MBA graduates is soaring, however.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]
The Daily Recap: Turning up the heat on a big defensive tackle
Here is the March 30 edition of The Daily Recap presented by JFQ Lending. Does Georgia lead for Jarrett? Adam Gorney and Jed May discussed whether they believe Georgia leads for defensive tackle Jamaal Jarrett (Grimsley/Greensboro, N.C.).The good news for the Bulldogs is that both believe the program holds a […]
Zelensky says Russian invasion of Ukraine is at a “turning point”
Ukrainian President Volodymyr Zelensky said Wednesday night that Russia’s invasion has reached a “turning point,” as Russian forces launch attacks in the Donbas region of Ukraine while also bombarding Kyiv and other key cities. What he’s saying: Zelensky noted during his televised address there’s an “ongoing negotiation process” with Russian […]
2 men who Googled ‘is it illegal to go into the Capitol’ after January 6 were arrested and charged in Capitol riot
Two Washington men were arrested last week on charges related to the Capitol riot.Prosecutors say the pair made several post-riot Google searches which incriminated them.At least 800 people have been arrested in connection to the attack, and more than 200 people have pleaded guilty.Sign up for our weekday newsletter, packed […]
The US reportedly watered down sanctions against a key Russian oligarch out of fear that disrupting his business empire could hurt the global economy
The US Treasury issued a special license exempting Alisher Usmanov’s businesses from sanctions.The move makes it legal for the oligarch’s entities to continue doing business with US companies.Officials reportedly feared that blocking his network of businesses could disrupt global trade.Sign up for our weekday newsletter, packed with original analysis, news, […]