‘At times it feels like we are behind in building wealth for our future generations, as well as creating the next generation.’
: Stripe reportedly slashes its internal valuation yet again, to $63 billion
Fintech startup and perennial IPO candidate Stripe Inc. has cut its internal valuation for a third time in the past six months, according to a new report.
Help My Career: Goodbye, quiet quitting. Workers want to take on more responsibility — and need greater engagement from their boss in 2023.
A large percentage of employees say their managers didn’t listen to their concerns, new research finds.
: Alphabet cuts jobs at its robotics unit, Intrinsic
Intrinsic, Alphabet Inc.’s industrial robotics company, slashed about one-fifth of its workforce Wednesday, as Google’s parent company starts what’s anticipated to be a large round of layoffs.
The Wall Street Journal: Biden aides find more classified documents at second location
President Joe Biden’s aides have found additional classified documents in a second location beyond those discovered in November at a Washington office Biden used after his vice presidency, a person familiar with the issue said Wednesday.
: Labor board upholds Amazon union victory at Staten Island warehouse, after months of wrangling
Amazon.com Inc. could be required to bargain with a grassroots union that formed at a warehouse in Staten Island, N.Y.
: Salesforce layoffs at its home base in San Francisco number in the hundreds so far
Salesforce, which last week said it would be slashing 10% of its workforce, or about 8,000 people, has disclosed a wave of layoffs at its San Francisco headquarters.
The Wall Street Journal: Subway considers sale valuing sandwich chain at more than $10 billion
Sandwich chain Subway has retained advisers to explore a sale of the closely held company, according to people familiar with the situation.
The Tell: Home prices to tumble over 25% from peak levels in ‘overheated’ markets, says Goldman
Credit researchers at Goldman Sachs in a new forecast expect home prices in several ‘overheated’ metro areas to fall at least 25% from peak levels.
MarketWatch First Take: The PC boom and bust is already ‘one for the record books,’ and it isn’t over
The end of the biggest boom the personal-computer industry has ever seen is ugly, and its isn’t over.