Why RTO mandates are layoffs in disguise, according to workplace experts: ‘Companies are daring employees to quit’
The need to induce soft layoffs could be driven by recession threats and changes related to consumer spending, workplace experts told CNBC Make It.
GlobalFoundries opens $4 billion Singapore expansion fab to meet ‘demand for essential semiconductor chips’
GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.
North Korean leader Kim Jong Un arrives in Russia before an expected meeting with Putin
North Korea’s Kim Jong Un is expected to hold a meeting with Russia’s Putin, which sparked concerns about a potential arms deal for Moscow’s war in Ukraine.
Nobel laureate Maria Ressa acquitted in Philippine tax case
Philippines Nobel laureate Maria Ressa and her news site Rappler were acquitted of tax fraud by a trial court on Tuesday.
How Luckin Coffee overtook Starbucks as the largest coffee chain in China
Luckin Coffee hit 10,000 stores in China in June, surpassing Starbucks as the largest coffee chain brand in the country following rapid nationwide expansion this year.
Asia markets mixed after Wall Street’s tech rally; Country Garden shares surge
Gains on Wall Street were led by names like Tesla and Qualcomm.
HSBC names its ‘must see stocks’ in the UK with substantial upside
British bank HSBC has revealed a list of stocks in the U.K. it says are a “must-see” — regardless of how market conditions pan out over the rest of the year.
CNBC Daily Open: Even high yields couldn’t stop tech
Technology stocks staged a comeback, helped by a barrage of good news. Even the 10-year yield climbing couldn’t put a brake in tech.
Top tech investor Paul Meeks says he’d buy these tech stocks once the dip runs its course
They include his favorite mega-cap U.S. tech stock, as well as some smaller, “contrarian” picks.
Apple bear says he’s not shorting the stock just yet despite China concerns. Here’s why
Investment bank Itau BBA’s analyst has quantified the potential damage a China ban could impose on Apple’s share price.
