The Kellington Times
Worker Burnout Is At Frighteningly High Levels: Here Is What You Need To Do Now
Stress and anxiety has been at a fever pitch. We’ve been living in a toxic environment. Prolonged unrelenting pressures tend to lead us to emotional, mental and physical exhaustion.
New York City Would Vault Ahead Of California As The Highest-Taxed Place In The Country Under New Bill
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations. The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California
Forbes Releases Its Longest List Of Wealthiest People In The World—With 2,755 Billionaires
Forbes has revealed its list of the world’s wealthiest – and it’s the biggest group in the annual list’s 35 years. During a pandemic year that saw “rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices,” a staggering 86% of the world’s wealthiest people are richer than they were a year ago, Forbes says.
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)
‘Stay Out Of Politics,’ Republican Leader McConnell Tells U.S. CEOs, Warns Of ‘Consequences’
In a sign of a growing rift in the decades-old alliance between the conservative party and U.S. corporations, McConnell said: “My advice to the corporate CEOs of America is to stay out of politics. Don’t pick sides in these big fights.” McConnell warned companies there could be risks for turning on the party. “Corporations will invite serious consequences if they become a vehicle for far-left mobs to hijack our country from outside the constitutional order,” McConnell told a news conference in his home state of Kentucky.
Steve Cohen vs. LeBron James
Do athletes or hedge fund managers know more about buying sports teams? The baseball business might find out. Basketball legend LeBron James is taking a stake of undisclosed size in Fenway Sports Group, owner of the Boston Red Sox, alongside RedBird Capital Partners. The $7.4 billion valuation that puts on the team, roughly 3 times what hedgie Steve Cohen paid for the Mets, seems rich. But James has a leg up.
Credit Suisse Axes Bosses And Bonuses Amid Archegos Losses
Credit Suisse took drastic action on Tuesday, replacing two key executives and cutting bonuses amid the fallout from two major business relationships.
Goldman’s Risk Controls Worked Well During Archegos Fire Sale, CEO Solomon Says
“From my perspective, our risk controls worked well. We identified risk early on. We took prompt, corrective action to lower our risk according to the contract we had with the client,” Solomon said on CNBC’s Squawk Box. “And I can’t really speak to what other banks have done and how they’ve handled the situation, but I’m very pleased with how our team handled it.”
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