OpenAI nears release of ‘Strawberry’ model, with reasoning capabilities
The multi-step processing system further enables the technology to take over human tasks.
Industry News
Bank of America raises minimum wage to $24 an hour
Bank of America will increase its minimum hourly wage to $24 next month.
Benefits Think Class is in session: 3 ways to boost benefits engagement this back-to-school season
The right benefits backed up with ongoing education is a winning combination for employers.
Kate Winget
Morgan Stanley at Work
Are gig workers truly independent contractors? Why this issue will continue to evolve
A labor and employment attorney explains how gig worker classification will continue to be an issue for employers.
Fed officials argue for gradual pace of cuts starting soon
Economic outlook is good, according to experts, and easing of rates could begin in September.
BlackRock cuts backing for climate shareholder proposals
BlackRock reduced its support for shareholder proposals on environmental and social issues for a third year.
Harley-Davidson drops diversity efforts after attacks by anti-DEI activist
Harley-Davidson dropped several diversity, equity and inclusion initiatives following an ongoing campaign by activist Robby Starbuck.
Expectation of job loss at record high in NY Fed survey
Some workers are uncertain about the short-term future with their current employer, but many see hope for a new job soon.
Boeing’s new CEO wants to ‘reset’ relations with biggest union
Boeing CEO Kelly Ortberg met with union representatives during his first week on the job.
CEOs run companies from afar while workers return to HQ
Top leaders of Starbucks and Victoria's Secret will work states away from their company's main office.
Paramount begins job cuts as traditional TV market suffers
Paramount Global began laying off staff after they said last week that it planned to slash 15% of its U.S. based workforce.
Layoffs are a last resort looming for more US companies
The Federal Reserve’s ability to avert a downturn rests in part on just how long a post-pandemic irregularity can continue: labor hoarding. Even with interest rates at the highest level in more than two decades and signs of a cooling economy, businesses scarred by pandemic-era worker shortages have largely avoided layoffs. Instead, they’ve pulled back […]
Walmart and Costco are facing pressure from Christian groups over abortion pill
A group of faith-based investors are warning Costco and Walmart against selling the abortion pill mifepristone.
Dell makes cuts to their sales team for a new AI-focused unit
A spokesperson declined to comment on how many jobs would be affected.
US initial jobless claims rise to one-year high as hiring slows
Data shows hiring plans at their lowest since 2012.
Wells Fargo sued over drug costs in employee health plan
Former employees' Minnesota lawsuit accuses the bank of overpaying for prescription drugs, claiming mismanagement of the bank's health plan drove up costs for workers.
Uber and Lyft strike NYC deal to scale back app lockouts harming drivers
NYC officials backed off a threat to slap Uber and Lyft with new minimum-pay regulations.
US job openings hold steady, defying recent slowdown trend
U.S. job openings came in above forecast last month, according to the Bureau of Labor Statistics.
Uber, Lyft, DoorDash prevail in California gig-worker ruling
The state's top court ruled that Uber Technologies and Lyft can keep classifying California drivers as independent contractors.
Workers would take a demotion or pay cut to avoid being laid off
According to Resume Builder, nearly a third of workers would take lower salaries to avoid being laid off.
