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Business

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    How much would your house be worth if the Trump Organization owned it?

    informed Summary

    1. New York Supreme Court Justice Arthur Engoron has ruled that the Trump Organization, owned by Donald Trump, repeatedly and fraudulently inflated the value of its real estate properties.
    Business
    3 min read
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    New York is breaking free of Airbnb's clutches. This is how the rest of the world can follow suit

    informed Summary

    1. New York City's crackdown on Airbnb, which includes tough restrictions aimed at returning rental properties to the housing market, is being closely watched by politicians worldwide. The company's rapid growth is seen by many as a significant factor in the global housing crisis.
    Business
    5 min read
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    Hollywood writers’ strike: WGA reaches ‘tentative’ deal to end 146-day strike

    informed Summary

    1. Hollywood writers are set to end their nearly five-month strike after reaching a tentative agreement with studios, the writers’ union, and the Alliance of Motion Picture and Television Producers. The deal must be approved by the Writers Guild of America's board and members before the strike officially ends.
    Business
    5 min read
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    Return to the office? These workers quit instead

    informed Summary

    1. Many employees are choosing to quit their jobs rather than comply with return-to-office mandates. This includes almost half of Grindr's 178 employees, who were told to report to specific offices, often far from where they live.
    Business
    6 min read
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    Carmakers can collect - and sell - too much data about you, watchdog says

    informed Summary

    1. A report by the Mozilla Foundation has found that car companies are collecting excessive amounts of personal data from drivers, with little opportunity for users to opt out. The report assessed the data privacy policies of 25 car brands, all of which received "Privacy Not Included" warnings, indicating significant issues with privacy protection.
    Business
    3 min read
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    Elon Musk wants you to know he doesn't have a nice house

    informed Summary

    1. Elon Musk has denied reports that he is building a glass house in Austin, Texas, following a Wall Street Journal article suggesting that federal prosecutors and agencies are investigating potential misuse of Tesla funds for the construction of a personal residence for Musk.
    Business
    4 min read
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    Chinese-made electric cars arrive stateside

    informed Summary

    1. Polestar, a Swedish electric vehicle (EV) company owned by Chinese car company Geely, is making a significant push into the American market. It plans to have 40 retail locations across the U.S. by the end of 2022 and to begin producing cars out of a South Carolina factory in 2024.
    Business
    6 min read
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    ‘They were earning £10,000 more than me!’ What happens when colleagues come clean about pay

    informed Summary

    1. Pay secrecy, where colleagues are unaware of each other's salaries, is a significant factor in the gender pay gap. In the UK, discussing salaries remains taboo, with only a third of people willing to discuss pay with colleagues, according to a recent poll.
    Business
    8 min read
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    France has too much wine. It's paying millions to destroy the leftovers.

    informed Summary

    1. France is set to destroy enough wine to fill more than 100 Olympic-size swimming pools, due to a surplus caused by increased production costs and a drop in consumption. This move is expected to cost the nation around $216 million.
    Business
    3 min read