Asking employees to come back to the office is like trying to ‘jam the toothpaste back in the tube’

Return-to-office mandates continue to feel like high-level math equations that even the business world’s brightest can’t solve. Amazon, JPMorgan, and AT&T are among the most recent companies to require a full-time RTOs. But some of these mandates have faced obstacles, including a lack of office space and dissatisfied employees. Amazon, for example, said in September, it wanted its … Read more

AI chip designer Biren’s shares surge 76% on debut in Hong Kong

Shares of Shanghai Biren Technology Co. jumped almost 76% in their trading debut on Friday, marking the best first-day performance since early 2021 among Hong Kong listings that raised at least $700 million. The artificial intelligence chip designer’s stock finished at 34.46 Hong Kong dollars after an initial public offering that was priced at 19.60 … Read more

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Mamdani vows to ‘govern as a democratic socialist’ for every construction worker, halal cart vendor and spice-wielding cook in New York City

Zohran Mamdani became mayor of New York City on Thursday, taking over one of the most unrelenting jobs in American politics with a promise to transform government on behalf of the city’s striving, struggling working class. Mamdani, a Democrat, was sworn in at a decommissioned subway station below City Hall just after midnight, placing his hand on a Quran as … Read more

Quran used to swear in New York City’s mayor for the first time in history as Zohran Mamdani takes office

Incoming Mayor Zohran Mamdani took his midnight oath of office on a centuries-old Quran, marking the first time a mayor of New York City uses Islam’s holy text to be sworn in and underscoring a series of historic firsts for the city. The 34-year-old Democrat became mayor in a long-closed subway station beneath City Hall, the first Muslim, first South Asian … Read more