IMF and Pakistan reach $3 billion stand-by deal
Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth $3 billion announced by the...
2023-06-30 12:32
China touts the benefits of its 'Belt and Road' initiative to Italy, which may end the agreement
China's foreign minister is seeking to sell his Italian counterpart on the benefits of leader Xi Jinping's signature “Belt and Road” initiative of Chinese-built and -funded infrastructure projects, as Rome considers whether to renew the agreement
2023-09-05 14:54
Elon Musk calls working from home ‘morally wrong’
Elon Musk faced backlash for arguing that people who worked from home were “morally wrong” because it was unfair to those who could not work remotely. In an interview with CNBC’s David Faber on Tuesday, Mr Musk described the people working remotely as “laptop classes”, saying that the issue extended beyond productivity concerns. He likened the concept of working from home to a quote often attributed to Marie Antoinette, the last queen of France before the French Revolution. “I think that the whole notion of work from home is a bit like the fake Marie Antoinette quote, ‘Let them eat cake’,” Mr Musk said. “It’s not just a productivity thing. I think it’s morally wrong.” Mr Musk criticised the hypocrisy of expecting service industry workers to go to work while others had the privilege of working from home. “Get off the goddamn moral high horse with the work-from-home bulls**t,” he said. “People building the cars, servicing the cars, building houses, fixing houses, making the food, making all the things that people consume. It’s messed up to assume that, yes, they have to go to work, but you don’t” he said. “It’s not just a productivity thing, I think it’s morally wrong.” The tech mogul has been a fierce advocate of return-to-office policies. He imposed a strict policy in Tesla in June 2022, warning employees that they would lose their jobs if they did not comply. The policy required employees to spend a minimum of 40 hours in the office a week and anything less would be “phoning it in”. “The laptop class is living in la-la land,” he said. Mr Musk’s comments on work-from-home culture generated a divided response on the internet, with many lashing out at him. “Being one of the world’s richest man, @elonmusk sounded tone deaf when he himself expects ppl to eat cake rather than share his wealth. @davidfaber just sounds like a boomer with his ‘productivity’ whining. Ppl are as productive and engaged working from home - if not more,” a Twitter user said. Another user, Lora Kolodny, pointed to another CNBC report which said Tesla will carve out deals for “exceptional” employees amid the company’s hardline policy to return to work. The report, which cited sources, said Tesla was struggling to bring all its employees back to the office due to a lack of resources. “Uhhh - REALLY!? Because as far as I know, Tesla and Twitter under Musk’s management will grant ‘exceptional’ employees right to work from home. Memba this?” Ms Kolodny said. In the hour-long interview, Mr Musk also said he did not care for the consequences of his unfiltered and unabashed views on Twitter even if it meant incurring financial losses. “I’ll say what I want to say, and if the consequence of that is losing money, so be it,” he said. He added that Twitter will attempt to rehire some of its staff after dramatically firing employees following his controversial takeover of the microblogging platform. He acknowledged that the job cuts were too deep. “Desperate times call for desperate measures… Unfortunately, if you do it fast, there are some babies who will be thrown out,” Mr Musk said, adding there is a possibility of rehiring people who were let go. Read More Lawsuit filed against Twitter, Saudi Arabia; claims acts of transnational repression committed Elon Musk subpoenaed by US Virgin Islands in Jeffrey Epstein lawsuit Linda Yaccarino: How Elon Musk may have hired his biggest critic to head Twitter AI pioneer warns UK is failing to protect against ‘existential threat’ of machines Elon Musk announces Linda Yaccarino as new CEO of Twitter How Elon Musk may have hired his biggest critic
2023-05-17 13:33
Is Pink supporting Britney Spears? Singer changes 'Don't Let Me Get Me' lyrics amid pop star's divorce from Sam Asghari
Pink sang 'Sweet Britney Spears,' instead the actual lines, 'Tired of being compared to damn Britney Spears'
2023-08-18 21:03
DeSantis Braces for Onslaught at Debate With Trump Set to Skip
Florida Governor Ron DeSantis’s campaign is bracing for a battle royale in next week’s Republican presidential debate as
2023-08-17 03:12
Stewart Cink opens with 68 and thinks he can win British Open at age 50
Stewart Cink turned 50 this year and now is eligible for the PGA Tour Champions
2023-07-21 00:25
Who is Lilit Avagyan? Reggie Bush's wife shares heartwarming family photos with adorable children
Reggie Bush and Lilit Avagyan posed alongside their three children — Daughter Briseis, 10, and two sons Uriah, 7, and Agyemang, 5
2023-05-30 14:39
Olazabal joins roster of European vice-captains for Ryder Cup
Europe captain Luke Donald has named former skipper Jose Maria Olazabal as his fourth vice-captain for this year's...
2023-08-02 22:19
Manipur: The abandoned villages in the crosshairs of India violence
Foothill villages in close proximity to warring groups are the most vulnerable in Manipur's conflict.
2023-07-17 07:43
Flight canceled amid bad weather? What you need to know about rebooking, refunds and more
Thousands of air travelers faced flight cancellations and delays this weekend as thunderstorms rolled in across the U.S. East Coast and Midwest
2023-06-26 23:20
Chinese financial watchdog warns of risks as Premier Li takes helm
BEIJING China's Central Financial Commission (CFC), with Premier Li Qiang in place as its head, urged stronger supervision
2023-11-21 02:43
Walker & Dunlop Affordable Investment Sales Team Closes Two Properties for $54 Million in Miami
BETHESDA, Md.--(BUSINESS WIRE)--Sep 25, 2023--
2023-09-26 06:30
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