The Kellington Times
New Job Openings Increased By An Astounding 7.4 Million, Hitting A Two-Year High
While we were beset by unrelenting negative news portending imminent doom, a surprising thing happened—things got better much quicker than anyone could have imagined. According to Reuters, “U.S. job openings rose to a two-year high in February.” The number of job openings increased to 7.4 million at the end of February. Remarkably, it's over 5% higher than pre-pandemic levels.
Twitter Held Discussions for $4 Billion Takeover of Clubhouse
Clubhouse is barely a year old but has drawn appearances from some of the biggest names in business and Hollywood. Established social media companies have quickly gone to work on their own versions of Clubhouse, including Twitter. Facebook Inc. is exploring one, too, and Microsoft Corp.’s LinkedIn and Slack Technologies Inc. have also said they’re working on similar features for their networks.
Robinhood Failed To Disclose Certain Trade Executions To Public Feed
Retail brokerage Robinhood Financial did not report a certain type of stock trade it executed for customers last year to a public data feed, according to regulatory data analyzed by Reuters and a source familiar with the matter.
CEOs Of Public U.S. Firms Earn 320 Times As Much As Workers—Even Some CEOS Say The Gap Is Too Big
The figures highlight the growing CEO pay gap, a problem among many public companies according to some investors and workers and even a few CEOs. In 2019, for example, the average pay ratio among 350 large American companies was 320-to-1, according to research by the Economic Policy Institute. In 1989, the average was 61-to-1.
WEBINAR: WFH, Back To The Office, Or Hybrid? What Employers Need to Know About The Future Of Work
At the beginning of the pandemic, WFH was praised as the future of work. However, as we near the hopeful end of the pandemic, mindsets around ideal work styles are shifting. Between exclusively working from home, returning to the traditional office or adopting a hybrid model, there is much to consider for both employers (and employees) before deciding one way or another.
In this webinar, I will weigh in on several aspects to consider when it comes to the different work styles, citing both recent research and trends. Can companies achieve efficiency and work/life balance with the hybrid model? What are some of the pitfalls to remote working and can they be avoided? And what will employees expect from their employers in this new work era? Following the 45-minute presentation, there will be a 15-minute live Q&A.
Session 1—Tuesday, April 13th
8PM New York (Wednesday, April 14, 9AM Hong Kong | 12 PM Sydney)
Session 2—Wednesday, April 14
11AM New York (4PM London)
GameStop Plans To Elect Activist Investor Cohen As Chairman
GameStop Corp, which has been part of a recent Reddit-driven trading frenzy, said on Thursday it intends to elect activist investor Ryan Cohen as chairman, putting him in the driver’s seat as he looks to transform the video game retailer. Since Chewy co-founder Cohen joined GameStop’s board in January, he has been pushing towards transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and technology firms such as Microsoft Corp.
Senate Banking Committee Chair Brown Asks Banks To Detail Their Links To Archegos
Sen. Sherrod Brown, chairman of the powerful Senate Banking Committee, is taking aim at three banking giants’ ties to Archegos Capital after the fund’s recent losses blitzed the market. In letters to leaders at Goldman Sachs, Nomura Holding America and Credit Suisse, the Ohio Democrat indicates he’s looking for details on their relationship to Archegos.
JPMorgan Chase CEO Jamie Dimon: Fintech Is An ‘Enormous Competitive’ Threat To Banks
Jamie Dimon, JPMorgan Chase chairman and CEO, listed fintech as one of the “enormous competitive threats” to banks in his annual shareholder letter released Wednesday. “Banks are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies,” like Amazon, Apple, Facebook, Google and Walmart, Dimon wrote, and “that is here to stay.”
Why A Remote Job Might Not Mean You Can Work From Anywhere
If you’re applying for a new remote role, keep in mind that a remote job isn’t always a work-from-anywhere job. Due to tax and labor law implications, the employer may be hiring a remote worker who doesn’t have to go into an office, but does need to reside in the same state or city as company headquarters. Also keep in mind whether pay could be different based on where you’re located.
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