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Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters.



4 years ago

Coronavirus Is Widening the Corporate Digital Divide

Harvard Business Review | Marco Iansiti and Greg Richards | March 26, 2020 As workplaces mandate that employees work from home, universities shift fully to online teaching, restaurants transition to online ordering and delivery, and automakers shut down their plants, we’re seeing the most rapid organizational transformation in the history of the modern firm. Yes,

4 years ago

Podcast: How blockchain could revolutionize green finance in Asia

ADB Institute | March 25, 2020 Policy makers and researchers recently met at ADBI for a workshop examining green infrastructure investment, policy challenges, and economic implications in Asia. Marco Schletz from the United Nations Environment Program Technical University of Denmark Partnership was among the experts featured at the event. Afterwards, Schletz sat down with Asia’s

4 years ago

New Yorkers have until July 15 to file state tax returns, Cuomo confirms

The Empire State is granting taxpayers three more months to get their tax returns in, according to Gov. Andrew Cuomo. The due date is now July 15, the same day as the new federal tax deadline.

4 years ago

New Jersey Gov. Phil Murphy announces a 90-day grace period on mortgage payments

Homeowners in the Garden State are getting a 90-day grace period on mortgages, according to Gov. Phil Murphy. In that time, late fees and other expenses will be waived, as well.

4 years ago

Ackman says Pershing Square no longer has hedges on stocks

William Ackman's Pershing Square Capital Management no longer has hedges on its stock portfolio, but still has some cash to invest if equities decline further as the United States battles the coronavirus outbreak, the billionaire investor said on Saturday.



4 years ago

UK broadband providers lift data caps during coronavirus crisis

Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday.



4 years ago

Mexico's President says will comply with public vote to halt brewery project

Mexico's President Andres Manuel Lopez Obrador on Saturday said his government will comply with a public consultation to halt the construction of U.S. brewer Constellation Brands Inc's more than $1 billion brewery project in the border city of Mexicali.



4 years ago

Clothing rental service Rent the Runway lays off workers amid coronavirus outbreak

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak.



4 years ago

Pence says virus taskforce soon to deliver recommendation on whether to re-open economy

Vice President Mike Pence, heading the Trump administration's response to the coronavirus outbreak, said on Saturday that he would deliver a recommendation to the president on whether to re-open the U.S. economy in the coming week.



4 years ago

Airbnb hosts to provide free rooms for British health workers

Airbnb hosts will provide free rooms for workers in Britain's National Health Service (NHS) to support their work during the coronavirus outbreak, the company said on Sunday.



4 years ago

Asia stocks ride stimulus hopes higher but dollar left behind

Asian stocks rose on Friday as investors wagered policymakers will roll out more stimulus measures to combat the coronavirus pandemic after U.S. unemployment filings surged to a record.



4 years ago

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.



4 years ago

Futures fall after strong three-day rally as virus threat continues

U.S. stock index futures fell on Friday, a day after the S&P 500 and Dow posted their best three-day run since the 1930s, as the United States faced the prospect of becoming the next global epicenter of the coronavirus pandemic.



4 years ago

Morgan Stanley receives approval for majority stake in China venture: sources

Morgan Stanley has received regulatory approval to take a majority stake in its China securities joint venture, people with knowledge of the matter said, as Beijing opens up the financial sector to foreigners.



4 years ago