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Abrdn Plc
Abrdn cuts employee benefits in latest round of cost reductions
...UK asset manager Abrdn has slashed employee benefits as part of a fresh round of cost cuts, halving redundancy payouts and reducing the length of paid parental leave by about a third....
December 15, 2023
News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...“Our goals are to address the liquidity issue for [restricted stock units] in the US, provide competitive compensation and enable employees to benefit from the company’s growth,” it added....
April 9, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...ByteDance is also unlikely to list on public markets in the US or arrange for external investors to buy a large chunk of employee shares while the US Senate weighs a bill that could lead to a national ban...
April 11, 2024
Gig economy
EU ministers approve ‘status quo’ rules for gig economy workers
...As part of the deal, in cases where a worker is able to show at a national level that a company has “control and decision” over their activities, they may be classified as an employee....
March 11, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Some companies throw in perks. Customer shareholders benefit from discounts at a plethora of retailers and storage outfits among others....
April 19, 2024
Serious Fraud Office UK
Ex-MoD employee sentenced to 30 months in UK prison in Saudi corruption case
...A former UK Ministry of Defence employee has been sentenced to more than two years in prison after being convicted in a long-running Saudi bribery investigation....
April 12, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Work Watch
Work Watch: Is the secret to employee happiness not working?
...The benefit was so well-received that it was extended beyond lockdowns....
October 23, 2023
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Both sides can then benefit if investors put a premium on companies incorporated there....
April 23, 2024
Political espionage
German staffer in EU parliament arrested on China spying charges
...“Anyone who employs such an employee also bears responsibility for this,” added Faeser, a member of the German Social Democratic party....
April 23, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Pichai’s blog on Thursday also addressed an employee protest this week against an AI and cloud contract with the Israeli government and military....
April 18, 2024
Retail & Consumer industry
The golden age of corporate pizza consumption transparency may be over
...This time last year, we used the Domino’s food item expenses listed in the company’s DEF14A proxy filings to calculate roughly how much pizza its leadership was snaffling: the results were both mind-boggling...
March 19, 2024
Special ReportHealth at Work
UK employee health has barely improved since pandemic
...However, Colin Barnes, a director at employee benefits consultancy Aon, cautioned that many such strategies were “box ticking”....
January 23, 2024
Budget 2024: As it happened
High earners benefit most from cuts in NICs; low earners left worse off after tax threshold freeze, says think-tank
...High earners benefit most from cuts in national insurance contributions, according to the Resolution Foundation, a think-tank....
March 6, 2024
Skechers USA Inc
Skechers’ family troubles
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
March 8, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...But the company was ultimately unable to get permission to operate locally....
April 19, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Budget 2024: As it happened
What do UK businesses want from the Budget?
...The Institute of Directors has requested tax credits for companies that train staff where there are national shortages....
March 6, 2024
LexThames Water
Thames Water could benefit from a spell of public ownership Premium content
...But a period of national stewardship no longer looks the worst outcome. nathalie.thomas@ft.com...
April 18, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Second, although national security officials want stricter controls around how companies choose vendors and suppliers, this type of state interference tends to be anathema to the C-suite, who have, after...
April 18, 2024
Boeing Co
Grounded Boeing planes won’t return to service until they are safe, official says
...The manager, the employee said, was “retaliating towards me for trying to do the right thing”. Spirit declined to comment....
January 10, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
April 22, 2024
Moral Money
Apple stand-off tests investor concern over workers’ rights Premium content
...The National Labor Relations Board later found that some of these complaints had merit, and that Apple’s work and confidentiality rules had improperly restricted employee efforts to organise....
March 4, 2024
White collar crime
Two men acquitted of corruption in Saudi defence contract case
...The SFO first opened its case in 2012 after two whistleblowers from GPT raised concerns about payments by the company....
March 6, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...“The benefits [of Leqembi] are modest and the risks are well-documented,” said Madhav Thambisetty, a senior investigator at the US National Institute on Aging....
April 22, 2024
News in-depthChinese equities
China reforms its unloved state-owned enterprises to win back investors
...As their biggest shareholder, the central government stands to benefit from higher valuations and larger dividends....
April 17, 2024
Inside BusinessKana Inagaki
Dai-ichi Life’s unsolicited bid marks milestone for Japan M&A
...It also intends to take the company private after acquiring the 51.1 per cent stake Pasona owns in Benefit One....
December 13, 2023

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