Uncrewed warships are simple answers to big US Navy problems, says a defense tech company that’s building them
A rendering of Blue Water’s uncrewed vessel. The US Navy faces a range of challenges, from shipbuilding gaps to overall fleet size, as it increasingly looks across the Pacific with concern at China’s growing maritime might. Blue Water Autonomy, a relatively new defense technology company building uncrewed warships, believes that these vessels are the answer…
UPS says it is cutting 20,000 staff and shutting over 70 facilities
UPS will slash 20,000 roles over the course of 2025. UPS plans to slash 20,000 jobs in 2025 as part of a cost-cutting drive amid the shifting global trade landscape triggered by Trump’s tariffs. The move comes as the shipping giant grapples with soft demand, especially from its largest customers. UPS said it will also…
3 days in the office is the sweet spot — any more and staff start disengaging from work, PwC HR boss says
PwC has told its 23,000 UK staff to be in the office for three days a week. The Big Four firm PwC has been collecting data on its latest RTO mandate for three months, and the results are in — three days in the office is the sweet spot for employee engagement. In January, PwC…
4 key issues everyone will be listening for in Apple’s earnings call
Tim Cook will have some tough questions to address regarding Apple’s Q2 and beyond. The past three months have been a whirlwind for Apple, and they’re expected to address the chaos on Thursday. The tech giant will report its fiscal 2025 second-quarter earnings to investors later this week. It’s been a quarter marked by flip-flopping…
The playbook for luxury fashion marketing has evolved — 6 strategies can help brands survive the industry’s slowdown
Skims opened its first flagship store in New York City last year. When Lissy Von Schwarzkopf and I met on a video call in mid-February, she offered an apology within seconds. As the chief business officer of Karla Otto, a global brand-building agency with luxury clients such as Nike, Valentino, and Loewe, Von Schwarzkopf’s schedule…
The overlooked reason both Democrats and Republicans promote stock trading bans
When it comes to stock trading, each party has its own boogeyman (or boogeywoman) on the other side of the aisle. It’s one of those issues that seems to have broad bipartisan appeal: banning members of Congress (and their spouses) from trading stocks. Spurred by concerns that lawmakers might be trading on non-public information, polling…
Domino’s customers are avoiding delivery and picking up their pizzas to save money
Carryout pizza sales at Domino’s grew during the first quarter as delivery sales slid. Domino’s customers cut back on delivery during the company’s first quarter as some decided to pick up their own orders and save money. It reflects a trend that kicked off in 2024 as many diners continue to seek value when they…
NATO can’t ignore the Russian military’s faster, more dangerous kill chain
A Russian rocket launcher is seen firing at a Belarusian military range in 2022. Russia has vastly improved its artillery kill chain since its early failures of the war. Russia’s kill chain, or how quickly the army moves from finding a target to firing on it, is now far more responsive and precise than it…
Rolex wouldn’t service the vintage watch my mom inherited. Watchmakers say it happens all the time.
Rolexes are often seen as family heirlooms, but the company can’t guarantee service for watch models discontinued over 35 years ago. When my grandmother passed away last year, my mom inherited her Rolex: a dainty ladies’ watch with a distinct, scalloped pattern on the gold band and a circle of small diamonds lining its round…
