Facebook founder and CEO Mark Zuckerberg speaks during the 56th Munich Security Conference in Munich, southern Germany, on February 15, 2020. Christof Stache | AFP | fake pictures Facebook announced a new feature on Thursday that will allow users to stream live video calls with up to 50 participants. The …
Read More »More Work Goes Outside High-Priced American Cities
According to a new study released Thursday by global independent platform Upwork, the massive shift to remote work that results from companies adapting to the changes caused by Covid-19 has great potential to reshape opportunities across the country. and close the geographic wage gap. This is because companies are more …
Read More »Tesla’s drive for energy could make it worth trillions
Social Capital CEO Chamath Palihapitiya told CNBC on Thursday that Tesla’s growth is no longer about its electric cars, but its renewable energy components. That could make Elon Musk’s company worth billions, he added. “It’s the main coverage when it comes to electrification and decarbonization. This is no longer about …
Read More »Ann Taylor’s mother Ascena files for Chapter 11 bankruptcy
Ann Taylor and Loft’s parent company, Ascena Retail Group, filed for Chapter 11 bankruptcy protection Thursday morning, marking the latest apparel maker on the brink of the coronavirus pandemic. With thousands of physical stores, at its peak, Ascena was once the largest retailer of women’s clothing in the country, having …
Read More »The Republican Party’s unemployment plan would have a 70% wage replacement
The Republican coronavirus relief plan will extend the improved unemployment insurance “based on a wage replacement of about 70%,” Treasury Secretary Steven Mnuchin said Thursday. He spoke to CNBC about the status of the negotiations hours after Republicans in the Senate and the Trump administration said they reached a tentative …
Read More »