Heading to dystopia? Why DAOs could shake up the way companies are run

OPINION:The music industry is often at the forefront of disruptive change. For a recent example look no further than Audius, a challenger streaming service that has looked to benefit from a mash-up with a broader-based social media app by partnering with TikTok. It allows songs to be used in TikTok videos, and for viewers to link back to the artist […]

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Investors lose patience with Unilevers ethical dilemma

What is the point of Hellmann’s mayonnaise? It depends on who you ask. Terry Smith, one of Britain’s best-known fund managers, says Hellmann’s is quite plainly a condiment for salads and sandwiches. But to Unilever, the brand’s lofty purpose is to “help people enjoy good, honest food, for the simple pleasure it is, without worry or waste”, as it aims […]

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Bubble watch: Will landlords’ winning streak last? – The Denver Post

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead. Buzz: Talk about a winning hand. Last year, all 11 slices of one commercial real estate index posted gains — and 10 niches had double-digit increases. Source: Green Street’s Commercial Property Price Index tracks values of large, “institutional quality” income-producing real estate across the nation. The […]

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Google paves way to expand UK workforce with £730m office investment

Google is to invest £730m in expanding its office space in London, paving the way to increase staff numbers in the UK by more than 50%. The technology giant is to buy the Central St Giles site it already occupies and refurbish the building. This will include providing meeting rooms for hybrid working and outdoor covered areas for people to […]

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Fed officials nod to March rate hike as inflation drumbeat grows louder

(Reuters) – Federal Reserve Governor Lael Brainard on Thursday became the latest and most senior U.S. central banker to signal that interest rates will rise in March to battle inflation that’s eroding the value of workers’ recent wage gains and putting policymakers under a political spotlight. The Fed “has projected several rate hikes over the course of the year,” Brainard […]

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Developer Sunac China plans $580 million share sale to repay loans

HONG KONG (Reuters) -Chinese property developer Sunac China Holdings Ltd said on Thursday it planned to raise HK$4.52 billion ($580.09 million) from a share sale for repayment of loans and general corporate purposes.FILE PHOTO: Sunac China Holdings Ltd logo is seen during a exhibition in Hangzhou, Zhejiang province, China, May 25, 2015. Picture taken May 25, 2015. China Daily/via REUTERSThe […]

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More Chinese developers seek to extend bond terms to avert default

HONG KONG/SHANGHAI (Reuters) -Cash-strapped Chinese developers are scrambling to negotiate new terms with their bondholders to avoid defaults, with Shimao Group and Yuzhou Group the latest seeking extensions on their maturing debt.FILE PHOTO: A man walks past a wall carrying the logo of Shimao Group, with residential buildings and the financial district of Pudong seen in the background, in Shanghai, […]

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King Soopers strike: Grocery workers go on strike across Denver area

Thousands of grocery workers started walking the picket lines at King Soopers stores from Boulder to Parker early Wednesday morning, a day after the United Food and Commercial Workers Local 7 rejected the company’s latest contract offer. The strike is being called on claims of unfair labor practices and is expected to last three weeks. The union Tuesday rejected what […]

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King Soopers, union brace for strike in Denver area, Parker, Boulder

As King Soopers union members prepared to strike across the metro area, the company offered on Tuesday what it called its final offer, boosting its proposal on wages and bonuses by $22 million. The $170 million package includes wage increases of up to $4.50 an hour in the first year, based on job classification and tenure, additional raises over the […]

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