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Microsoft to pay Inflection AI $873 million after scooping up most of its staff: The unusual deal resembled an “acqui-hire” - but without an acquisition.
straitstimes.com/business/microsoft-to-pay-inflection-ai-873-million-after-scooping-up-most-of-its-staff
Microsoft to pay Inflection AI $873 million after scooping up most of its ...
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Dollar Tree Down Most Since May on Plan to Shut 1,000 Stores: The chain has been beset by complaints of miserable working conditions.
bloomberg.com/news/articles/2024-03-13/dollar-tree-to-close-1-000-stores-in-bid-to-shore-up-profits
Dollar Tree Down Most Since May on Plan to Shut 1,000 Stores
Quick Glance: Dollar General Closes Briefly as Entire Staff Quits Over Overwork, Lack of Appreciation
  • A Dollar General store in Wisconsin was forced to briefly shut down after its entire workforce quit, citing seven-day workweeks and a “lack of appreciation.”

  • The store manager and six other employees left, leaving a sign on the door thanking customers and explaining the reasons for their departure.

  • Issues of food waste and donation policies were also raised by the former staff, highlighting discrepancies between company policies and actual practices.

  • Despite a three-hour closure, Dollar General swiftly addressed staffing issues and reopened the store, emphasizing a commitment to employee well-being and customer service.
Profile picture of The Seattle Times
Boeing’s 777 ‘gliders’ signal more cash woes: The plane-maker as of last week had 11 newly built aircraft that are lacking engines stashed in and around its ...
bloomberg.com/news/articles/2024-04-08/boeing-s-777-gliders-signal-more-cash-woes-amid-max-turmoil
Boeing’s 777 ‘gliders’ signal more cash woes
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Spotify to raise prices of plans in some markets, Bloomberg News reports: Spotify Technology SA intends to raise prices on its plans by about $1 to $2 a month in ...
reuters.com/business/media-telecom/spotify-raise-prices-some-markets-bloomberg-news-reports-2024-04-03/
Spotify to raise prices of plans in some markets, Bloomberg News reports
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OpenAI GPT Sorts Resume Names With Racial Bias, Test Shows: Recruiters are eager to use generative AI, but a Bloomberg experiment found bias against job ...
bloomberg.com/graphics/2024-openai-gpt-hiring-racial-discrimination/
OpenAI GPT Sorts Resume Names With Racial Bias, Test Shows
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AMD hits US roadblock in selling AI chip tailored for China, Bloomberg News reports
reuters.com/technology/amd-hits-us-roadblock-selling-specific-ai-chips-china-bloomberg-reports-2024-03-05/
AMD hits US roadblock in selling AI chip tailored for China ...
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Boeing explores shedding some defense assets amid crisis: Efforts have been underway for about a year, predating the Jan. 5 accident on the Alaska Airlines ...
ocregister.com/2024/03/19/boeing-explores-disposal-of-some-defense-assets-amid-crisis/
Boeing explores shedding some defense assets amid crisis
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MacKenzie Scott, Jeff Bezos' ex, sold $10B in Amazon shares in 2023: The sale of nearly 65.3 million shares leaves her owning about 1.9% of the tech giant.
nypost.com/2024/01/27/news/mackenzie-scott-jeff-bezos-ex-sold-10b-in-amazon-stock-in-2023/
MacKenzie Scott, Jeff Bezos' ex, sold $10B in Amazon shares in 2023
Quick Glance: MacKenzie Scott's Billions: Amazon Stock Sell-Off
  • Last year, MacKenzie Scott, Jeff Bezos' ex-wife, sold about a quarter of her Amazon stake according to a regulatory filing.

  • The sale of nearly 65.3 million shares would have been worth about $10.4 billion at the stock’s Friday closing price, as per Bloomberg News.

  • Despite donating over $16 billion to more than 360 organizations, Amazon still makes up the bulk of her estimated $37.6 billion net worth.

  • Since divorcing Bezos, she committed to donating half of her fortune to charity.
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Target considering new paid membership program - Bloomberg News: Target (TGT.N) is weighing a new paid membership program for its customers similar to Amazon ...
reuters.com/business/retail-consumer/target-considering-new-paid-membership-program-bloomberg-news-2024-02-07/
Target considering new paid membership program - Bloomberg News
Profile picture of The Seattle Times
Microsoft is now a $3 trillion company: Microsoft briefly surpassed Apple — which last year became the first company to hit $3 trillion — but subsequently ...
bloomberg.com/news/articles/2024-01-24/microsoft-hits-3-trillion-value-cementing-strength-of-ai-rally
Microsoft is now a $3 trillion company
Profile picture of The Seattle Times
Expedia CEO to step down after 4 years: Expedia appointed Ariane Gorin, a company veteran who currently serves as the president of Expedia for Business ...
seattletimes.com/business/expedia-ceo-to-step-down-after-4-years/
Expedia CEO to step down after 4 years
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IBM tells managers to move near an office — or quit: IBM delivered a companywide ultimatum to managers who are still working remotely: move near an office or ...
financialpost.com/fp-work/ibm-tells-managers-move-near-office-or-quit
IBM tells managers to move near an office — or quit
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Trump’s Lurking Peril From Legal Cases Shows in Swing-State Poll: This is Washington Edition, the newsletter about money, power and politics in the nation’s ...
bloomberg.com/news/newsletters/2024-01-31/trump-s-lurking-peril-from-legal-cases-shows-in-swing-state-poll
Trump’s Lurking Peril From Legal Cases Shows in Swing-State Poll
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Layoffs and budget cuts—tracking economic moves and news: As the optimism that accompanies a new year fades, the job market is taking a turn for the worse ...
adage.com/live-blog/layoffs-and-budget-cuts-tracking-economic-moves-and-news
Layoffs and budget cuts—tracking economic moves and news