China’s yuan climbed past the psychological milestone of 7 per dollar for the first time since September 2024, on bets the central bank will allow a gradual appreciation to boost market confidence....
Duolingo shuts down for two weeks every winter, and its CEO says the cost is worth it for real rest. Kevin Dietsch/Getty Images Duolingo gives its staff two weeks off over the holidays, allowing emplo...
📋 Key Facts ✓ Hong Kong Insurance Authority is proposing new capital rules. ✓ Rules include risk charges on crypto assets. ...
📋 Key Facts ✓ BitMine holds 4,066,062 ETH in its treasury ✓ The treasury is valued at around $12 billion at current prices ...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
The time it takes to save for a home down payment fell to about seven years in 2025. TrongNguyen/Getty Images The time to save for a typical home down payment has dropped to seven years in 2025. While...
Sephora uses AI to recommend skincare products. Smith Collection/Gado/Getty Images Major retailers, such as Walmart and Target, are integrating AI into their shopping experiences. Retailers have partn...
Brian Niccol has spent his first year as CEO of Starbucks making a series of changes, big and small, to improve operations at the coffee giant. Eugene Gologursky/Getty Images for Fast Company Brian Ni...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
Article URL: https://economictimes.indiatimes.com/magazines/panache/no-shares-in-company-but-550-employees-received-a-240-million-gift-from-their-owner-for-staying-with-him-through-tough-times/article...
Tim Fung is the founder and CEO of Airtasker, a gig work app based in Australia. Airtasker Gig work underwent major changes with the rise of automation and increased competition in 2025. Tim Fung, CEO...
📋 Key Facts ✓ ByteDance plans 50% more global spending on incentives like bonuses and raises in 2026 for top performers. ✓ Bonuses incr...
📋 Key Facts ✓ Investors can take advantage of the recent crypto market downturn. ✓ Tax loss harvesting helps lower taxable income. ...
📋 Key Facts ✓ Bitcoin is seeing new warnings of a price breakdown near $90,000. ✓ Gold and silver have achieved new all-time highs. ...
Ron Telemarque Ron Telemarque Ron Telemarque had 11 days to decide: accept severance or return to the office full time. He shared how he decided whether to stay at Paramount — and whether he reg...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Goldman Sachs CEO David Solomon attended the company's holiday market. Goldman Sachs It can be difficult for those working Wall Street hours to carve out time for gifting. Some rely on concierge servi...
📋 Key Facts ✓ Nandi Owolo is a 30-year-old who was laid off from her dream job at the UN. ✓ She started junk journaling as a hobby in J...
Delivering food or driving passengers for Uber isn't the only type of gig work anymore. PIROSCHKA VAN DE WOUW/REUTERS Gig work has never been more widespread — and more challenging. Over the pas...
Justin Howells, Target's group vice president for Pacific Northwest stores. Matt Hage/AP Content Services for Target Target is getting a new CEO in the New Year — one who started with the compan...