Business Week: Rethinking Office Planning

Business Week: Rethinking Office Planning

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A new surge in coronavirus cases caused by highly infectious agents Delta variantLast week, investors and businesses rattled.Fear on Monday, primarily about what an increase in unvaccinated cases means for a recovery in the global economy Caused the worst depression of the S & P 500 In a few months.But on Tuesday, the stock Bounced off.. Recent outbreaks have also urged executives to rethink their plans to reopen their offices.For example, Apple said it would postpone the plan Return to the office At least one month, at the earliest October 1. However, not all companies have reached the same conclusion. Morgan Stanley’s Chief Legal Officer urged a law firm outside the bank to: Bring a lawyer back to the office..

One year late Summer Olympics, Kick off in Tokyo On Friday, a modest ceremony was held in an almost empty stadium.many Japanese inhabitants And many Public health expert After a surge in Covid-19 cases, we agreed to cancel an event taking place during a state of emergency. Depending on who is counting, Tokyo spent $ 8 billion to $ 12.6 billion on games, exceeding the budget.When At least 75 qualified for the OlympicsSince arriving in Tokyo, including 6 athletes, the Covid-19 test has been positive.Expectations for a huge storm Japan’s largest marketing company Decreased as sponsors canceled or reduced campaigns and promotional events.But NBCUniversal, which has the exclusive right to broadcast games in the United States, is still Expect full participation of advertisers..According to the estimate from Data research firm Kantar MediaAdvertisers are expected to spend $ 2.25 billion to be displayed alongside Olympic coverage. This is an increase of 20% from the 2016 game in Rio de Janeiro.

Outbreak of highly contagious delta mutants So far, it hasn’t hindered the airline’s recovery.. Customer spending on airlines temporarily exceeded 2019 levels this month, according to Facteus, a research firm that monitors online payments. Ticket prices and the number of people screened by the Transportation Security Administration are also on the rise, with the United States, Southwest, and Delta all reporting second-quarter profits. (United reported a loss but predicted it would return to profitability in the third quarter.) But not everything is fine for the aviation industry. None of these companies would have been close to profitability without the $ 54 billion federal aid that helped pay employees during a pandemic. Passengers are declining and carriers are growing rapidly, suffering from delays and staff shortages.

The stock trading app Robin Hood will open trading on the Nasdaq market by the weekend. Allowing users to trade freely using a simple interface The company plans to set its share price in the $ 35 billion worth range. Robin Hood’s initial public offering plan is unusual in that it sells up to one-third of its shares. Directly to that customer A move aimed at supporting the promise of “democratizing investment” through the app. This move can also lead to volatility, as there is no guarantee that these investors will not litter their stocks as soon as they start trading. But Robin Hood’s greater risk may be regulatory.The company agreed to pay last year $ 65 million fine Beyond the accusations that it misleads customers about the business.Last month it agreed to pay $ 70 million fine Almost faced with issues such as misleading information and system outages 50 proceedings About its decision to curb trading during GameStop’s trading frenzy.

Business Week: Rethinking Office Planning

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