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When Vinit Juneja started as a software engineer at Amazon last year, he knew he might leave one day for a more attractive role.But after watching colleagues lose their jobs during two rounds of layoffs that eliminated roughly 30,000 positions at Amazon, another factor took on new importance: job security.”I…
Heading into the fall, retailers will need to shift their emphasis more toward offering a better value for cash-strapped households.While retail prices are relatively straightforward things, value is harder to nail down as households are continuing to look for ways to get the most out of their limited dollars. Other…
CMOs: Get ready to field more sales pitches from Nielsen.The TV ratings giant surprised the ad industry by announcing plans to buy DoubleVerify for $2.15 billion — and sent chins wagging with hot takes about the implications.At stake: trustworthy data.CMOs depend on data to craft their strategies, but it’s often…
This is an as-told-essay based on a conversation with Kirk Gafill, an owner and general manager of Nepenthe, a restaurant on California’s Big Sur coast that is under an evacuation order due to the Timber Fire. Gafill is also the president of the Big Sur Chamber of Commerce. This story…
In his 12 years on the job, Justin Berk, a 44-year-old product manager at an insurance-tech company, had seen his employer get bought and sold twice. All he had received in return was a “pat on the back” at a company meeting.”A pat on the back is nice, but it…
On a cold morning in Dallas shortly before Christmas last year, CEO Colin Webb watched one of his robots work an eight-hour shift alongside warehouse workers. The wheeled machine, equipped with two robotic arms, spent the day packing beauty products into pouches as part of a pilot.A few miles away,…
Michael Burry looks to be in the chips after a timely bet against semiconductor stocks.The investor of “The Big Short” fame said in a June 30 post on Substack that he’d shorted the iShares Semiconductor ETF (SOXX) at about $643, and refreshed his bearish put options on it too.The exchange-traded…
To free, or not to free?That is the question for paid streamers like Netflix, as free services, and YouTube in particular, attract TV viewers.Hollywood giants Disney and Paramount Skydance are exploring adding free tiers to their subscription services to build audiences, grow advertising revenue, and turn curious newcomers into customers, Business Insider…
Between a flash flood warning and running late for dinner plans in Manhattan, I figured I’d have just enough time to snap a photo in a photobooth.The photos weren’t for my own vanity, though. It was in the pursuit of … love!Dubbed the “Missed Connections Booth,” the photobooth is a…
Jersey Mike’s IPO is almost here.The restaurant chain said it expects its shares to begin trading on the New York Stock Exchange on Thursday using the ticker “JMKE,” according to an SEC filing. The company expects the stock to price between $21 and $25 a share, though investors will get…
