Breaking up in old age can be a costly affair, especially for women. The term “gray divorce” refers to divorce occurring at age 50 and older, and statistics show that the rate of gray divorce has doubled from 1990 to 2019. A study published in The Journals of Gerontology revealed that the share of Americans
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In the world of business, challenges often arise that require bold solutions and strategic actions. One such challenge is currently facing Greencore Group, an Ireland-based manufacturer of convenience foods, that has caught the attention of Oasis Management, a global hedge fund known for its activist approach to investing. Oasis Management’s recent interest in Greencore has
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Stellantis, a global automaker, recently announced the layoff of approximately 400 salaried employees in the U.S. This decision was made in response to what the company described as challenging market conditions. The layoffs would affect about 2% of employees in the engineering, technology, and software units, following rigorous organizational reviews. Stellantis, which employed 11,800 U.S.
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Mark Cuban, the billionaire entrepreneur, shared his views on micromanaging in a recent social media post. He highlighted the importance of micromanaging in the early stages of a process, such as building a new startup or training a new employee. According to Cuban, paying attention to small details can be beneficial in these initial phases
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In recent times, the United States has experienced a significant increase in immigration, which has had a positive impact on the country’s economy. Joyce Chang, chair of global research at JPMorgan, highlighted the role of immigration in bolstering the economy amid global challenges. The Federal Reserve has raised its GDP growth projection for 2024 to
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