It’s easier than ever to keep your job—but harder than ever to land one
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The job market is in an unusual place right now.
https://fortune.com/2024/09/05/job-hopping-jobholders-changing-jobs-labor-market/
Oasis have more chance of splitting up than canceling resale tickets, Viagogo executive says
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Viagogo's Matt Drew has dismissed what he views as an empty threat, insisting the Gallagher brothers are more likely to split up again than clamp down on touts.
https://fortune.com/2024/09/05/oasis-tickets-resale-viagogo-reunion-tour/
Congo received its first 100,000 mpox vaccine doses—now it just needs 2.9 million more to end the outbreak
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Congo is the epicenter of the global health emergency.
https://fortune.com/2024/09/05/congo-mpox-vaccine-doses-who-unicef/
Reckitt CMO: AI is already making marketers better and faster
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Reckitt's marketing department carried out a series of GenAI pilots in partnership with BGC. Teams reduced concept development time by up to 60%.
Compare mortgage rates today
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Keeping an eye on mortgage rates as you plan to buy your first home, upgrade or downgrade the size of your house, or refinance? Here are the current average mortgage rates—as well as everything you need to know about how mortgages work.
https://fortune.com/recommends/mortgages/current-mortgage-rates/
Unemployment is rattling the Fed committee so much that even its hawkish members are backing a cut
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"The balance of risks has shifted and I am today giving basically equal attention to the maximum employment objective."
https://fortune.com/2024/09/05/fed-comittee-rate-cut-atlanta-president-hawk-shifting-cut-focus/
Rolls-Royce shares tumble as EU orders Airbus A350 inspections after Cathay engine fire
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The European Union's aviation safety agency (EASA) said Thursday it will require the inspection of at least some of the Airbus A350s in operation after an engine fire on a Cathay Pacific aircraft.
Rolls-Royce shares tumble as EU orders Airbus A350 inspections after Cathay engine fire
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The European Union's aviation safety agency (EASA) said Thursday it will require the inspection of at least some of the Airbus A350s in operation after an engine fire on a Cathay Pacific aircraft.
Trump Media erases all 2024 stock gains days before Donald Trump can cash out his $1.95 billion stake
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Donald Trump's stake is still worth nearly $2 billion, but fears he might follow its CEO Devin Nunes and sell stock is weighing on sentiment.
https://fortune.com/2024/09/05/donald-trump-truth-social-tmtg-stock-price/
Washington attacks on Nippon’s bid for U.S. Steel puts ally Japan’s spot in ‘friends and family list’ into doubt
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“If the U.S. draws up a friends and family list and Japan is not on that list, then I’d question what country would make that list."
https://fortune.com/asia/2024/09/05/white-house-set-to-block-nippon-steel-deal-japan-ally-election/
Verizon is buying Frontier Communications in $20 billion deal to strengthen its fiber network
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Verizon Communications said Thursday that the transaction will also help it in the areas of artificial intelligence and the Internet of Things.
https://fortune.com/2024/09/05/verizon-brontier-communications-20-billion-strengthen-fiber-network/
Treasury Secretary Yellen says ending Biden IRA tax incentives would be ‘historic mistake’ for states like North Carolina
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North Carolina has emerged as a key battleground this election cycle between Republican former President Donald Trump and Democratic Vice President Kamala Harris.
Millions use the #OpenToWork badge on LinkedIn—but recruiters say it can hurt your job search
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It may seem like a no-brainer to let employers know you're #opentowork. But workers risk looking desperate and amateurish, recruiters say.
https://fortune.com/2024/09/05/linkedin-opentowork-badge-recruiters-job-search/
Deutsche Bank CEO urges Germans to work harder to pull the country out of its economic lull
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“We simply have to tell our fellow citizens that we have to do more again,” Deutsche Bank's Christian Sewing said.
https://fortune.com/europe/2024/09/05/deutsche-bank-ceo-germany-work-harder/
German carmaker Porsche is designing $40 million luxury apartments in Bangkok, where the average salary is $16,000
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Porsche unveiled plans for its latest luxury residence, which will include a spiral car ramp and "Passion Spaces" for wealthy residents.
Tiffany is shrinking its China flagship store by half as luxury spending collapses
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Tiffany & Co., LVMH’s leading jewelry maker, is planning to downsize a flagship store of more than 12,000 square feet in Shanghai.
Volvo Cars braces for pain in 50% of its markets as Chinese-backed carmaker walks back 2030 EV goal
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“We will be fully electric probably in 50% of the market way before 2030, but in the other 50%, it’s going to take a lot longer," CEO Jim Rowan told Fortune.
https://fortune.com/europe/2024/09/05/volvo-cars-ev-earnings-autos-chinese-tariffs-carmaker-2030/
Deloitte-run Medicaid systems are riddled with glitches that can cost millions and take years to fix
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Medicaid beneficiaries risk losing access to health care and food due to error-prone state eligibility systems.
https://fortune.com/2024/09/05/deloitte-medicaid-systems-cost-eligibility/
Germany’s DAX 40 has a new female CEO: Daimler Truck appoints Karin Radstrom as next head in rare move
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Radstrom will become just the second female CEO of a DAX 40 firm, joining Belen Garijo, the head of pharmaceutical giant Merck KGaA.
Tiffany is shrinking its China flagship store by half as luxury spending collapses
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Tiffany & Co., LVMH’s leading jewelry maker, is planning to downsize a flagship store of more than 12,000 square feet in Shanghai.