The Kellington Times
Formula 1 Race Car Executive Offers Advice To Build A Winning Team On The Track And In The Workplace
Rising through the ranks of a highly competitive industry that is constantly under the lens of the media and fans is not easy. Along the way, Szafnauer learned how to become a successful leader and manager. Working for teams that didn’t have the funds and the large numbers of employees as rivals, Szafnauer needed to become more thoughtful and creative to empower, inject positivity and motivate his people to win against larger, highly funded competitors.
$1,000,000,000,000? Elon Musk Could Become The World’s First Trillionaire Due To SpaceX
Elon Musk could become the world’s first trillionaire, according to a prediction made by investment firm Morgan Stanley. However, it won’t be from his highly successful electric vehicle company Tesla. Instead, it’ll likely be from his fledgling space startup SpaceX, The Guardian reports, despite the fact that Tesla’s net worth is about $850 billion, almost 30 times SpaceX’s $30 billion price tag.
EY CEO On Labor Shortage: ‘Companies That Took Care Of Their People’ Are Being Rewarded
The current labor shortage has benefitted companies that treated their employees well, CEO of EY Carmine Di Sibio said on Yahoo Finance’s All Markets Summit Monday. “We talk to our clients about this all the time. We’ve actually hired 115,000 people in the last year, but we’ve also lost people,” Di Sibio says about the labor shortage. “The culture of the organization … is incredibly important … Companies that took care of their people, I think they’re being rewarded for it now.”
Exxon CEO Floats Pay Hikes to Combat ‘Major’ Employee Attrition
Exxon Mobil Corp. is weighing salary increases as it tries to halt employee attrition across its business divisions after sweeping job and benefit cuts. Chief Executive Officer Darren Woods told employees at a town hall-style meeting that they should be “encouraged” by the ongoing salary-review process, according to a recording of the event. “The policies we’re putting in place will get back to where people can begin to see a different path going forward than the path we came out of in 2020,” he said at the Oct. 20 gathering in suburban Houston.
Billionaires Tax Would Take Aim At Unrealized Gains On Assets, Most Profitable Corporations
The broad strokes of the proposal announced by Sen. Ron Wyden, D-Ore., to tax the country’s billionaire class to help fund President Biden’s legislative agenda was laid out early Wednesday as a two-pronged strategy to take aim at the wealthiest individuals and corporations.
U.S. Regulators Exploring How Banks Could Hold Crypto Assets—FDIC Chairman
A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the fast-developing asset. Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters in an interview on Monday that a team of U.S. bank regulators is trying to provide a roadmap for banks to engage with crypto assets.
Robinhood’s Big Year Is Ending In Disappointment
The growing clout of everyday investors has shaken up Wall Street, forcing hedge funds and big-time asset managers to start paying attention to armchair traders pumping their extra cash into the market. But after a blockbuster start to the year, when traders coordinating on social media sparked a wild rally in meme stocks like GameStop (GME) and AMC Entertainment (AMC), activity has settled down.
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