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On Wednesday, Blackstone announced that it has agreed to buy a majority stake in Spanx. The deal between Spanx and Blackstone values the company at $1.2 billion, with Blakely set to retain a “significant equity stake” according to Blackstone. The investment will propel her fortune back over the $1 billion mark after the pandemic and […]
Despite having a ton of work to do, executives shouldn't overlook the need to improve how they present themselves throughout an entire workday. Keeping a professional appearance is important if you want to make a lasting impression and exercise authority and control no matter how hectic the day goes. Then again, it gets challenging to […]
The tech company has unveiled three sleek battery-powered prototypes: a luxury sedan, a crossover SUV, and an electric bus. However, according to the press release, it appears that Foxconn does not plan to sell EVs itself. The vehicles will instead be released under the “Foxtron” brand in collaboration with other car manufacturers, such as Taiwan’s Yulon […]
It’s no secret that today’s executives are under a lot of pressure. In fact, according to a recent report by Oracle and Workplace Intelligence, a HR research and advisory firm, C-suite executives are struggling to adapt to the new realities of a pandemic world, with 85 percent reporting significant remote work challenges ranging from virtual […]
According to Bloomberg’s Billionaires Index, Tesla and SpaceX CEO Elon Musk has once again overtaken Amazon founder Jeff Bezos as the world’s richest person thanks to Tesla’s soaring stock. On Friday, Tesla’s shares closed at $843.03 per share, a 3% increase on the day which takes the EV maker’s year-to-date gains to approximately 20%. Tesla’s […]
If you are interested in a new career, it can be difficult to know where to start. You know what you don’t want to do, but how do you find what you do want to do? It can take some time to work out your new goals; read on for your guide to making a […]
Danni Rush, Chief Operating Officer at Virgin Incentives and Virgin Experience Days, speaks to CEO Today about how workplace inclusivity can impact team recruitment, particularly during the current labour shortage. There is a movement happening within the labour market. According to the Office for National Statistics, the number of payroll employees increased by 241,000 to […]
Businesses across all industries have always had to deal with ever-changing customer behaviour, but the global pandemic has transformed the way many customers interact with companies within a very short period. The world has been collectively forced into perhaps the biggest digital leap forward of all time, and it has already revolutionised what customers expect […]
The COVID-19 pandemic changed the landscape of retail and how we conduct business. Indeed, it has created a dent, especially with brick-and-mortar shops. To date, countless physical shops have transitioned into online counterparts. Unfortunately for some, business cessation was the only way to cut down losses and veer away from bleeding out. As a result, […]
New data from Experian shows that 294,218 electric vehicles were sold between January and August of this year. Although this figure only accounts for 2.7% of total automobile sales, it nonetheless represents a 114% increase when compared to the same period of 2020. Out of the 294,218 electric vehicles sold, 194,165 (or 66%) were Teslas, […]
UK job vacancies have soared to an all-time high, with employees changing jobs or leaving the workforce completely in their droves. Do you want smart people to stay? Then make them feel safe. Keeping employees feeling safe is much more than running the monthly fire drill. What employees are seeking is psychological safety, a term […]
Formulating a strong succession plan for your business is what any business owner should do, and always sooner rather than later. Succession plans are there to provide a long term framework for the future of the business, and for your own personal interests as the business’s owner, too. As a result, they also need to be […]
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