Only 20% of US workers in office three days or more: IBM CEO

Only 20% of US workers in office three days or more: IBM CEO

As major American corporations began to welcome workers back in the spring, they were surprised by what they saw: fewer employees than they expected who wanted to return to offices. That was the case at Ford, which told CNBC back in April that the initial numbers were “lower than we expected,” and more recent comments … Read more

Nike (NKE) earnings Q4 2022 earnings

Nike (NKE) earnings Q4 2022 earnings

Nike Air Jordan shoes are seen in the store in Krakow, Poland on August 26, 2021. Jakub Porzycki | Nurphoto | Getty Images Nike on Monday topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter, as the company overcame a Covid lockdown in China and tougher climate for consumers in the US Shares … Read more

Crypto is crashing but the tech behind it could save luxury brands billions

Crypto is crashing but the tech behind it could save luxury brands billions

These losses can damage both profit and reputation — which is why some brands are now turning to tech to protect their products, brand value and consumers. Despite being competitors, luxury brand conglomerate LVMH (LVMHF) joined forces with Prada (PRDSY)and Cartier in April 2021 to establish the Aura Blockchain Consortium, a non-profit platform that creates … Read more

Just keep your returns: Stores weigh paying you not to bring back unwanted items

Just keep your returns: Stores weigh paying you not to bring back unwanted items

In recent weeks, some of the biggest store chains, including Target (TGT), walmart, (WMT) gap (GPS), American Eagle Outfitters (AEO) and others have reported in their latest earnings calls that they have too much inventory of stuff ranging from workout clothes, spring-time jackets and hoodies to garden furniture and bulky kids’ toys. It’s costing them … Read more

How we got addicted to using Q-tips the wrong way

How we got addicted to using Q-tips the wrong way

New York CNN Business — Every Q-tips box has a warning label: “Do not insert swab into ear canal,” and if you’re going to use it to clean your ears, gently swab the outer part only. But extracting wax from our ear canals is precisely why most of us buy Q-tips in the first place. … Read more

Airlines aim to shift blame for flight problems to FAA

Airlines aim to shift blame for flight problems to FAA

DALLAS (AP) — Airlines under scrutiny for widespread flight disruptions are renewing their criticism of the government agency that manages the nation’s airspace, saying that understaffing at the Federal Aviation Administration is “crippling” traffic along the East Coast. Airlines for America, which represents the largest US carriers, said Friday it wants to know FAA’s staffing … Read more

Berkshire Hathaway Stock Hits Hard in June. Warren Buffett Is Probably Unfazed.

Berkshire Hathaway Stock Hits Hard in June.  Warren Buffett Is Probably Unfazed.

Text size Berkshire has scaled back its stock repurchase program this year, and that may be sending a message that CEO Warren Buffett doesn’t view the stock as being so cheap. Bill Pugliano/Getty Images Despite what CEO Warren Buffett has called its Fort Knox balance sheet with over $100 billion in cash, Berkshire Hathaway hasn’t … Read more

The race to make green hydrogen competitive is on

The race to make green hydrogen competitive is on

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans to set up a joint … Read more

Crypto crash: forced selling cools down; correlation with equities back in focus

Ethereum could 'take over everything', and there won't be a multi-chain future, says EY's blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email … Read more

Here’s how you can compound dividend stocks to double the S&P 500’s return

Here's how you can compound dividend stocks to double the S&P 500's return

Companies announce dividend increases all the time, but here’s one that points to a simple investing strategy that can lower your risk and make you a lot of money over the years. Maybe it isn’t so exciting on the surface: Kroger Co. KR, a supermarket operator, raised its quarterly dividend payout by quite a bit, … Read more