Business

  • Elon Musk Is So Busy His Private Jet Is Taking 13-Minute Flights

    Marie Patino, Leonardo Nicoletti and Sophie Alexander for Bloomberg: A Bloomberg analysis of the use of primary private planes among some of the richest people in the world finds that Musk comes out on top. For example, his private jet took more than twice as many trips as Ellison’s in 2022. ​​The roughly 2,112 metric tons of greenhouse…

  • Two Modes of Effective Work

    According to The Origins of Herman Miller’s Modes of Work there’s two classes of work available to us. I believe these still apply even as most of us work in distributed teams these days. They may seem obvious: Alone Chat Converse Co-Create Divide & Conquer Huddle Show & Tell Warm Up, Cool Down Together Process…

  • McDonald’s Minimal Global Packaging Redesign Explained

    McDonald’s Minimal Global Packaging Redesign Explained

    Brands tend to reduce their footprint and minimize messaging after substantial growth. That’s not a maxim, or anything. Just an observation. Google, AirBnb, Slack and IBM — are a few that come to mind. But there are hundreds of examples out there. Tech companies have it easy, because their product is imbued with their digital…

  • Tesla raises $2B in secondary offering at $767 a share

    Tesla raises $2B in secondary offering at $767 a share

    Tesla will sell over 2M million shares at that price — a 4.6% discount on last weeks closing price.

  • Away CEO Steph Korey Replaced After Verge Investigation

    Away CEO Steph Korey Replaced After Verge Investigation

    Zoe Schiffer, at The Verge writes: Away CEO Steph Korey is stepping down, just four days after an investigation from The Verge highlighted the company’s toxic culture. Korey, one of the luggage brand’s co-founders, will be replaced with former Lululemon executive Stuart Haselden, though Korey will still continue on as executive chairman. Stuart Haselden has impressive credentials. For…

  • When a Transit Agency Becomes a Suburban Developer

    John Surico for CityLab writes: The big magnet to the Westchester County town is its Metro-North Railroad commuter rail station, which provides a 45-minute connection to midtown Manhattan. Although Harrison has had a steady population increase since 2010, Belmont is thinking about the future: namely, a younger generation that prefers the bustle of urban life to the quiet of…

  • The Dobson Family Sells Controlling Stake in Whataburger

    Whatastory. Now, I’m a born-and-bred Texan. I may live in New York City (for now), so the Empire State may have my taxes — but the Lone Star State has my heart. Always has, always will. Despite the troubling past and problematic heroes (and if you have the stamina to stand up to Republicans occasionally),…

  • In Defense of the 4-day Workweek

    In Defense of the 4-day Workweek

    Charlotte Graham-McLay for the New York Times: The firm ran the experiment — which reduced the workweek to 32 hours from 40 — in March and April this year, and asked two researchers to study the effects on staff.Jarrod Haar, a human resources professor at Auckland University of Technology, said employees reported a 24 percent…