Category: Business

Over Half of White Collar Workers Prefer Working From Home, Even With One-Third Experiencing Isolation

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Read time : 2 mins

Level : Intermediate

BY Jon Dulin | Wealth of Geeks undefined

Remote work has gone from a necessity to a must-have for many workers. A recent USA Today study shows most workers prefer to work from home, ideally at least three days a week.

While workers cite benefits, including increased productivity, this “new normal” also brings challenges like managing work-life balance and feeling isolated from colleagues. Even with some companies pushing back with return-to-office requests, experts project the number of remote workers to increase in the coming years. As businesses and employees adapt, the conversation around remote work evolves, revealing opportunities and hurdles for the future workforce. Continue reading

US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment

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Read time : 3 mins

Level : Advanced

FILE – The Google building is seen in New York, Feb. 26, 2024. (AP Photo/Seth Wenig, File)

By MICHAEL LIEDTKE AP Technology Writer

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.

The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android from favoring its own search engine.

A sale of Chrome “will permanently stop Google’s control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet,” Justice Department lawyers argued in their filing. Continue reading

What is Bluesky, the fast-growing social platform welcoming fleeing X users

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Read time : 2 mins

Level : Intermediate

FILE – The app for Bluesky is shown on a mobile phone, left, and on a laptop screen on June 2, 2023, in New York. (AP Photo/Richard Drew, File)

SAN FRANCISCO (AP) — Disgruntled X users are again flocking to Bluesky, a newer social media platform that grew out of the former Twitter before billionaire Elon Musk took it over in 2022. While it remains small compared to established online spaces such as X, it has emerged as an alternative for those looking for a different mood, lighter and friendlier and less influenced by Musk. Continue reading

As China cracks down on bookstores at home, Chinese-language booksellers are flourishing overseas

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Read time : 3 mins

Level : Advanced

Yu Miao, right, owner of JF Books, looks at his phone as customers browse the books in his bookstore in Washington, Thursday, Oct. 3, 2024. (AP Photo/Ben Curtis)

By FU TING Associated Press

WASHINGTON (AP) — Yu Miao smiles as he stands among the 10,000 books crowded on rows of bamboo shelves in his newly reopened bookstore. It’s in Washington’s vibrant Dupont Circle neighborhood, far from its last location in Shanghai, where the Chinese government forced him out of business six years ago.

“There is no pressure from the authorities here,” said Yu, the owner of JF Books, Washington’s only Chinese bookseller. “I want to live without fear.”

Independent bookstores have become a new battleground in China, swept up in the ruling Communist Party’s crackdown on dissent and free expression. The Associated Press found that at least a dozen bookstores in the world’s second-largest economy have been shuttered or targeted for closure in the last few months alone, squeezing the already tight space for press freedom. One bookstore owner was arrested over four months ago. Continue reading

Notre Dame’s restoration surplus of nearly $150M will be used for future preservation

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Level : Intermediate

A bell, center, that Olympic medalists rang at the Paris Games, is seen before being installed in Notre Dame Cathedral, ahead of the monument’s grandiose reopening following a massive fire and five-year reconstruction effort, Thursday, Nov. 7, 2024 in Paris. (AP Photo/Christophe Ena)

By THOMAS ADAMSON Associated Press

PARIS (AP) — More than five years after the devastating fire ravaged Notre Dame, igniting nearly $1 billion in pledged donations within days, restoration chief Philippe Jost says €140 million (around $148 million) still remains from the funds as the cathedral prepares to reopen next month.

The surplus, sourced from both billionaire benefactors and countless small donors, will be used to support vital future preservation work on the 861-year-old Gothic monument. Continue reading

Bitcoin has topped $87,000 for a new record high. What to know about crypto’s post-election rally

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Level : Advanced

FILE – Bitcoin logos are displayed at the Inside Bitcoins conference and trade show on April 7, 2014, in New York. (AP Photo/Mark Lennihan, File)

By WYATTE GRANTHAM-PHILIPS AP Business Writer

NEW YORK (AP) — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high.

The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% in the last week alone.

That’s part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election last week. Analysts credit much of the recent gains to an anticipated “crypto-friendly” nature of the incoming administration, which could translate into more regulatory clarity but also leeway.

Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, others continue to warn of investment risks. Continue reading

Trump win ignites crypto frenzy that sends bitcoin to a record high

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Read time : 2 mins

Level : Intermediate

FILE -Republican presidential candidate former President Donald Trump speaks at the Bitcoin 2024 Conference, July 27, 2024, in Nashville, Tenn. (AP Photo/Mark Humphrey, File)

By KELVIN CHAN AP Business Writer

LONDON (AP) — The price of bitcoin hit a new high Wednesday and crypto-related shares rallied as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies.

Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world’s second most popular cryptocurrency after bitcoin, which rallied 8%.

Another token, dogecoin, rocketed as much as 18%. It’s the favorite cryptocurrency of billionaire Elon Musk, one of Trump’s most prominent supporters. Continue reading

A presidential campaign unlike any other ends on Tuesday. Here’s how we got here

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Voters are reflected in a window near an American flag as they mark their ballots during early voting in the general election, Friday, Nov. 1, 2024, at City Hall in Providence, R.I. (AP Photo/Steven Senne)

By CHRIS MEGERIAN Associated Press

WASHINGTON (AP) — It’s the election that no one could have foreseen.

Not so long ago, Donald Trump was marinating in self-pity at Mar-a-Lago after being impeached twice and voted out of the White House. Even some of his closest allies were looking forward to a future without the charismatic yet erratic billionaire leading the Republican Party, especially after his failed attempt to overturn an election ended in violence and shame. When Trump announced his comeback bid two years ago, the New York Post buried the article on page 26.

At the same time, Kamala Harris was languishing as a low-profile sidekick to President Joe Biden. Once seen as a rising star in the Democratic Party, she struggled with both her profile and her portfolio, disappointing her supporters and delighting her critics. No one was talking about Harris running for the top job — they were wondering if Biden should replace her as his running mate when he sought a second term. Continue reading

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

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Level : Advanced

Sebastian Tirintica speaks next to solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)

By ANCA GURZU, Cipher News undefined

PETRILA, Romania (AP) — For many years, Sebastian Tirinticǎ worked in a coal mine, just like his father and grandfather before him.

These days, Tirinticǎ, now 38, is largely surrounded by solar panels and wind turbines as he travels across Romania to train former coal workers and others for jobs in renewable energies.

It’s been a huge professional shift for a worker from one of the main coal regions of this formerly Communist Eastern European country.

“It’s hard to unglue yourself from something you did your entire life,” said Tirinticǎ, who has a short beard sprinkled with grey hair. “It’s hard to start again from zero, and not everyone has the strength and courage to do it.” Continue reading

What Are Corporate America’s Top Frustrations in 2024?

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Read time : 4 mins

Level : Intermediate

By creativeart freepik.com

By Michael Dinich | Wealth of Geeks undefined

Salary dissatisfaction, lack of appreciation and poor work-life balance are corporate America’s top frustrations — according to the nation’s Human Resources (HR) pros.

A new survey of 1,000 human resource professionals revealed the biggest challenges facing the workforce today, along with the pain points HR problem solvers are feeling in their departments.

Twenty-nine percent of respondents said feeling underpaid is the most common source of discontent for workers at their company, along with being unappreciated (26%), poor work-life balance (25%) and dissatisfaction with benefits (23%).

And according to the survey, the most common types of issues that get brought to the HR department are rooted in poor communication (44%), rule violations (40%), toxic negativity (38%), and gossip (37%). Continue reading