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Author: MAK Gojar
Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either.Companies are scaling back or abandoning DEI goals related to hiring and suppliers. Corporate charities are not safe from Trump administration attacks either. Peter Dazeley | The Image Bank | Getty Images As more companies scrap or pare back DEI pledges and goals related to hiring and supplier diversity, from Amazon to Target and Meta, corporate philanthropic activities are also ripe for review. Companies routinely support DEI initiatives through foundations or other corporate giving programs. According to a…
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Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized.Crypto scam revenue is estimated to have hit record levels last year as cybercriminals leverage new technologies like AI and become more organized. Chainalysis said that crypto wallets linked to scams received $9.9 billion in cryptocurrency in 2024, according to its initial estimates Boonchai Wedmakawand | Moment | Getty Images Crypto fraud revenue is estimated to have hit record levels last year amid a surge in so-called romance scams as cybercriminals leverage artificial intelligence and become more organized,…
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Ex-poll body chief Quraishi denies US funding claim for voter turnout in India Ex-poll body chief Quraishi denies US funding claim for voter turnout in India Ex-poll body chief Quraishi denies US funding claim for voter turnout in India Former Chief Election Commissioner (CEC) of India SY Quraishi refuted reports that the United States provides funding for boosting voter turnout in India and termed the reports “completely false and malicious”. His reaction came after Elon Musk-led Department Of Government Efficiency (DOGE) announced on Sunday that it is cancelling $21 million grant to India for “voter turnout”. “The report in a section…
Germany needs a new business model. The old one, fueled by cheap natural gas from Russia and lucrative exports to China, is broken, leaving Europe’s biggest economy mired in stagnation and angst about the future. Delivering that fresh growth strategy is going to be the biggest challenge for the government that takes office after a national election set for Feb. 23, seven months ahead of schedule. The nation that became known for the quality of its products has not seen real economic growth for five years. Multiple factors conspired to take Germany from industrial powerhouse to post-pandemic straggler: too much…
Australia will soon deport three violent criminals including a convicted murderer to Nauru even though they are not citizens of the tiny Pacific atoll, after an Australian court ruled that dangerous immigrants can no longer be imprisoned indefinitely. Home Affairs Minister Tony Burke said on Sunday that three “violent offenders” had been issued 30-year Nauru visas on Saturday. Opposition leader Peter Dutton said on Monday that more than 200 immigrants with criminal records who could not be deported would remain in Australia despite the Nauru deal. “The government’s claiming they’re going to get rid of three criminals, but there’ll still…
Germany hasn’t seen significant economic growth in five years. It’s a stunning turnaround for Europe’s biggest economy, which for much of this century had expanded exports and dominated world trade in engineered products like industrial machinery and luxury cars. So what happened? Here are five reasons for Germany’s ongoing economic slump: Energy shock from Russia Moscow’s decision to cut off natural gas supplies to Germany in the wake of Russia’s invasion of Ukraine dealt a severe blow. For years, Germany’s business model was based on cheap energy fueling production of industrial goods for export. In 2011, then-Chancellor Angela Merkel decided…
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Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap.Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap. It can cost on average of $2,050 to live in Tokyo for a month as a single person, according to Numbeo’s data. Jackyenjoyphotography | Moment | Getty Images Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if…
Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January. A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images In like a lion, out like a lamb. That’s how restaurant executives envision 2025 after a rough start to the year, largely caused by freezing temperatures, wildfires and consumer caution. Many restaurant chains, like Restaurant Brands’ Burger King and Popeyes, said sales improved in the fourth quarter as value offerings brought back diners who had been…
On a year-on-year basis, Japan’s economy grew 1.2% in the fourth quarter, compared with the 0.6% rise in the third quarter.On a year-on-year basis, Japan’s economy grew 1.2% in the fourth quarter, compared with the 0.6% rise in the third quarter. Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economic expansion in the fourth quarter beat analysts’ expectations for quarter-on-quarter and annualized growth, boosted by a jump in exports, preliminary government data showed Monday. GDP grew 0.7% quarter on quarter, more than the 0.3% rise expected by economists…
Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap.Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if it makes sense financially before taking the leap. It can cost on average of $2,050 to live in Tokyo for a month as a single person, according to Numbeo’s data. Jackyenjoyphotography | Moment | Getty Images Moving to a major city often comes with big benefits and opportunities, but it’s important to figure out if…
Jaymes O’Pheron moved to Fargo, North Dakota, in 2021, where recent winter temperatures reached minus 25 degrees and barely cracked single digits.Jaymes O’Pheron moved to Fargo, North Dakota, in 2021, where recent winter temperatures reached minus 25 degrees and barely cracked single digits. Jaymes O’Pheron isn’t just used to the cold — he thrives in it. O’Pheron, 34, lived in Washington, Tennessee, Texas and Ireland before moving to Fargo, North Dakota with his wife, Carla, in 2021. North Dakota ranked high on their list for its affordable cost of living, fast-growing cities and friendly policies for small businesses. O’Pheron is…
States in the Mid-Atlantic and Northeast were heavily betting on offshore wind to meet their future power needs.States in the Mid-Atlantic and Northeast were heavily betting on offshore wind to meet their future power needs. A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The order Trump issued on his first day in office indefinitely…
The meeting sends a “very clear signal of top-level support” to the private sector entrepreneurs, Peiqian Liu, Asia economist at Fidelity International told CNBC.The meeting sends a “very clear signal of top-level support” to the private sector entrepreneurs, Peiqian Liu, Asia economist at Fidelity International told CNBC. BEIJING, CHINA – FEBRUARY 6: Chinese President Xi Jinping (C) speaks during a bilateral meeting with Brunei Sultan Hassanal Bolkiah (not pictured) at the Great Hall of the People on February 6, 2025 in Beijing, China. Andres Martinez Casares | Getty Images News | Getty Images Chinese President Xi Jinping delivered a speech…