The Kellington Times
New Policy Requires Diversity On Corporate Boards For Nasdaq-Listed Companies
The Securities and Exchange Commission (SEC), the top regulator that protects investors, maintains a fair, orderly and efficient securities marketplace and capital formation, approved a proposal by Nasdaq, which runs an exchange of primarily tech-related and growth companies, to increase the number of underserved groups on U.S. corporate boards.
Google May Cut The Pay Of Remote Workers
It always felt like companies were acting as if they were doing their employees a favor by letting them work remotely. Despite the fact that major corporations, like Microsoft, Google, Amazon, Apple, Facebook, Goldman Sachs, Morgan Stanley and JPMorgan, did phenomenally well during the pandemic, as almost everyone worked from home, there was still the undercurrent of wanting people to return to the office.
Kathy Hochul To Become First Female Governor Of New York After Cuomo Resignation
As New York’s lieutenant governor, Kathy Hochul has spent years on the road as the friendly face of the administration, visiting the far-flung coffee shops and factory floors of each of the state’s 62 counties for countless ribbon-cutting ceremonies and civic cheerleading events.
Ares Fires COO, CFO Michael McFerran Citing Misconduct
Ares Management Corp. has dismissed Partner Michael R. McFerran, the Los Angeles firm’s chief operating officer and chief financial officer, citing the results of an outside investigation into allegations of “inappropriate” conduct involving fellow employees.
3.4 Million Americans Are Still Long-Term Unemployed
About 3.4 million Americans were long-term unemployed in July, a reduction of about 560,000 from the prior month, according to the Bureau of Labor Statistics. However, the figure remains elevated relative to pre-pandemic levels. About 2 in 5 jobless individuals are long-term unemployed, meaning they’ve been out of work at least six months. This period poses elevated financial risk for households, according to economists.
Hackers Start To Return Some Of The $600 Million They Stole In One Of The Biggest Crypto Heists
Hackers have started returning some of the $600 million they stole in what’s likely to be one of the biggest cryptocurrency thefts ever. The cybercriminals exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work together. Poly Network disclosed the attack Tuesday and asked to establish communication with the hackers, urging them to “return the hacked assets.”
Fintech Just Saw An Earnings Bonanza, As Coinbase And Upstart Report Over 11-Fold Revenue Growth
If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night’s earnings reports from two newly-public companies. Cryptocurrency exchange Coinbase reported a 12-fold increase in revenue from a year earlier to $2.23 billion. Not to be outdone, online lender Upstart Holdings said revenue climbed by 11-fold from a year ago to $194 million.
People Are Sharing Why They Quit Their Job On The Spot, And This Will Make Your Blood Boil
Recently, Reddit user u/Sketch99 posed the question, "What made you quit a job on the spot?" And there were so many responses from people who were overworked and mistreated by their employers. Here are some of the top-voted answers.
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