JPMorgan Chase bank fired several employees who arranged for themselves and their clients to illegally receive financial aid from the state intended to help the victims of the pandemic under the Economic Injury Disaster Loan (EIDL) program. This was reported by an informed source to Bloomberg. According to the source, suspicious amounts of money were found on the accounts of these employees. The...

During the Peloponnesian Wars, the Athenian general Pericles was preparing to sail, but suddenly darkness covered his 150-ship fleet when a solar eclipse happened. Panic broke out among the crews, but Pericles remained cool. He went up to the pilot, took off his cloak and wrapped the sailor's head. "Do you see this as a sign of misfortune or misfortune?" - the commander asked. The helmsman...

Chief executive of the popular video service TikTok, Kevin Mayer, is stepping down after President Donald Trump threatened to block the app in the country, the Financial Times reported, citing an internal document. "Kevin Mayer is leaving TikTok just a few months after he became CEO," the newspaper quoted the letter to employees. Mayer has been the CEO of the company since May 2020. According...

The World Bank estimates that up to 24% of jobs globally could be performed from home, with the largest proportion of employees going to work remotely in wealthy countries with high GDP per capita. The maximum potential for their transfer is in the Luxembourg labor market, the minimum is in Ethiopia. Calculations that take into account the presence of a physical connection to the network reduce...

On Monday, August 10, McDonald’s filed a lawsuit with a US court against the company’s former CEO Stephen Easterbrook, the corporation said in documents filed with the US Securities and Exchange Commission. McDonald’s accuses Mr. Easterbrook of hiding the fact that he had sexual relations with three employees. The implied incident occurred during an internal investigation prior to his departure...

You have already reached a certain point, but the next step is so far away that you cannot even think about how to get there on your own? A breakthrough is needed. And for such a dramatic increase in the result, it will be useful to receive help and invest. Let's take a look at each of these components separately. Get help This is nothing new, because really the first thing you need to make a...

On Tuesday, August 4, American automaker Ford announced the resignation of the company’s CEO and President Jim Hackett. He will be succeeded by the current Chief Operating Officer Jim Farley, who will take over these positions on October 1. He has already been elected to the Ford board. Mr. Hackett is stepping down in the midst of a $ 11 billion restructuring of the company, which should, among...

The wait is always excruciating. But often it is active action that leads to consequences much more deplorable than doing nothing. Why is this happening, and how not to fall into the mental trap of "ready-to-action"? A footballer, who is supposed to shoot the penalty kick, aims either at the center of the goal, or at the left corner, or at the right. The probability of success in all cases is the...

Top managers of 19 of the nearly 100 American companies that launched bankruptcy procedures this year were determined to pay bonuses totaling $ 131 million. This information is provided by Bloomberg, based on the newspaper’s own calculations. In some companies, bonus payment plans were announced a few weeks before bankruptcy, and in some - even a few days after bankruptcy. Among the bankrupt...