The UAW is demanding higher wages from executives. How do American pay packets get so big – and can strikers close the gap between CEO-worker compensation? At 23:59 on 14 Sept, roughly 13,000 workers at three of the largest automakers in the US went on strike. After eight weeks of unsuccessful negotiations among the United […]

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In an interview with the BBC, founder of the multimillion-dollar skincare empire Dermalogica talks about entrepreneurship, independence and why human skills are the future of the service industry. On a sunny day in Los Angeles, Jane Wurwand stands outside the first storefront for her skincare brand Dermalogica. In 1983, she started with the idea to […]

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Instead of just responding to the business effects of climate change, leaders at this year’s World Economic Forum are discussing creating a proactive positive impact. From lethal heat waves to city-stopping floods, the harms of climate change are becoming increasingly clear around the world. So, too, is whom the public holds responsible: industries and corporations. In the US, for example, […]

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As a kid growing up in poverty in rural Bolivia, Roly Mamani built his own toys. Now a 34-year-old engineer, he 3D prints limbs for Indigenous compatriots scarred by life-changing accidents.    Marco Antonio Nina, 26, who lost his left arm at the age of 14 in a work accident, tests his bionic arm prosthesis […]

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Panasonic’s battery business must focus on boosting productivity, Group CEO Yuki Kusumi told Reuters, signalling the Tesla supplier may hold off building a third battery plant in North America as demand for electric vehicles cools.    A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. Photo […]

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Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International Data Corp.    The iPhone 15 Pro is presented during the ‘Wonderlust’ event at the company’s headquarters in Cupertino, California, U.S. September 12, 2023. Photo: Reuters  Samsung […]

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CNN – Microsoft CEO Satya Nadella said during the World Economic Forum in Switzerland on Tuesday that he is “hopeful” and “optimistic” about the future of artificial intelligence, but that countries should be on the same page when it comes to embracing a set of industry standards.    Satya Nadella, Chairman and Chief Executive Officer […]

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The parent company of Burger King is buying out its biggest franchisee in the U.S. for about $1 billion    FILE – A “Home of the Whopper” sign welcomes customers outside the Burger King fast food restaurant, on Feb. 1, 2021, in Epping, N.H. The parent company of Burger King is buying out its biggest […]

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The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said.    U.S. banknotes seen in an illustration. Photo by Pexels  An Oxfam report, which comes as business elites gather this week for the annual World […]

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Volume and value down 31.5 and 26.3 per cent against 2022.   Figures from the General Department of Vietnam Customs show that 118,942 vehicles worth $2.83 billion were imported into Vietnam in 2023, down 31.5 per cent and 26.3 per cent, respectively, year-on-year. Imports in December alone stood at 7,650, worth $175.3 million, up 1.9 […]

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