Management
Brookfield Properties, which operates one of the country’s largest commercial real estate portfolios, laid off a handful of executives in its office division on Thursday, according to a person with direct knowledge of the downsizing.In its New York headquarters, the firm let go of three office leasing executives, an executive…
When Hurricane Helene hit North Carolina in late September, it caused more than $59 billion in damages.Among those businesses damaged was one of the US’s main manufacturers of IV fluids, used to rehydrate patients and give them medicine. The resultant shortage forced hospitals to conserve and reduce their use of…
Microsoft is slashing thousands of jobs to try to increase what it calls “span of control,” or the number of employees who report to each manager.The software giant on Tuesday confirmed the cuts, which Business Insider first reported in April. Microsoft said about 3% of its global workforce, roughly 6,000…
American-born Cardinal Robert Francis Prevost was introduced to the world on Thursday from the balcony of St. Peter’s Basilica as Pope Leo XIV, becoming the 267th leader of the Roman Catholic Church — and the first ever pope from America.Before becoming pope, Prevost was chosen in 2023 by Pope Francis…
