There’s a new buzzword in China’s EV industry
Workers from the Chinese electric-vehicle company NIO inspecting vehicles in Hefei, China. There’s a new buzzword in China’s electric-vehicle industry. Pan Jian, a cochair of the battery manufacturer and key Tesla supplier CATL, told a panel at the World Economic Forum in Davos, Switzerland, on Tuesday that China’s automakers were shunning the traditional term EVs…
A global jobs crisis is looming — and here’s how to tackle it, says Singapore’s president
AI could trigger mass displacement of workers. Singapore’s president says a global job crisis is looming, and tackling it will require governments around the world to reimagine how they educate, train, and care for their workers. Tharman Shanmugaratnam sounded the alarm during a Wednesday panel titled “Closing the Jobs Gap” at the World Economic Forum’s…
S&P 500 nears record high as traders take in strong earnings results
US stocks climbed higher on Wednesday as traders took in strong earnings reports, fueling the S&P 500 to rise close to record highs. Major stock averages traded higher and Treasury yields were slightly lower, with the yield on the 10-year government bond hovering around 4.578%. Companies continued to report strong results for the last quarter,…
Netflix execs laid out the streamer’s approach to sports and what types of deals to expect in the future
Beyoncé performed during an NFL Christmas game halftime. Netflix delivered another blockbuster quarter, helped by record-breaking sporting events. But the streamer was quick to tamp down speculation that it’ll charge headlong into big (AKA pricey) sports deals. Netflix highlighted live sports events in ticking off the strengths of the fourth quarter. It mentioned the Jake…
Jamie Dimon sounds the alarm on stocks, says the market is looking ‘kind of inflated’
JPMorgan CEO Jamie Dimon is sounding the alarm bell on stocks, stating in an interview at the World Economic Forum in Davos, Switzerland, this week that the market looks overvalued. “Asset prices are kind of inflated, by any measure,” Dimon told CNBC in Davos. He added that “they are in the top 10% or 15%”…
Advertising recruiters share the top skills that can help job candidates stand out in a tough market
Headhunters, HR execs, and consultants say there are bright spots for ad industry job seekers. It’s set to be one of the most volatile years yet for the advertising industry. There’s massive ad agency consolidation, return-to-office mandates, and the opportunities and threats posed by artificial intelligence. It’s a lot. So, spare a thought for the…
The CEO of a $5 billion consulting firm explains why she has no ambition to be a lesser version of a Big Four giant
Baker Tilly CEO Francesca Lagerberg joined the company two and a half years ago. The Big Four professional services firms lead the accounting and advisory market globally. They have a combined 1.5 million employees, generate billions in annual revenue, and their easily recognizable names draw in scores of eager young graduates annually. But for all…
I make more money from my side hustles than my six-figure software engineering job. Here’s how I build and manage my income streams.
Software engineer Ritesh Verma balances his full-time job with five side hustles, including AI agents, YouTube ad revenue, sponsorships, SaaS products, and a mentorship program. This as-told-to essay is based on a conversation with Ritesh Verma, 23, a software engineer in Jersey City. It’s been edited for length and clarity. After graduating from college in…
I started my own marketing business and my husband works for me. It leads to dinner-table arguments, so we’ve worked on our boundaries.
Natascha Turner started a marketing agency and employs her husband. This as-told-to essay is based on a conversation with Natascha Turner, 47, who runs her own marketing agency. It has been edited for length and clarity. It’s funny how things work out — I never really wanted to start my own business. The security of…
