Irish manufacturers resume hiring despite slump in activity -PMI
DUBLIN A slump in Irish manufacturing activity deepened slightly again last month as output was at one of
2023-08-01 08:20
Clock on the Fed's 'soft landing' may already be ticking
By Howard Schneider WASHINGTON Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the
2023-07-31 18:28
Thailand's economy on recovery path as tourism rises
BANGKOK Thailand's economic recovery remained on track in June as the tourism sector expanded in line with higher
2023-07-31 15:50
Italy minister says decision to join flagship Chinese scheme 'wicked'
Italy's defense minister called his country's decision to join a flagship Chinese infrastructure scheme "wicked," as the government weighs up whether continue as part of the scheme.
2023-07-30 22:59
Bank failure: Kansas Heartland Tri-State Bank closed by FDIC
Heartland Tri-State Bank of Elkhart, Kansas, failed on Friday, with the Federal Deposit Insurance Corporation taking control.
2023-07-29 08:27
US says largest solar project could be built on Energy Dept land
WASHINGTON The largest solar U.S. project and other clean energy infrastructure could be built on re-purposed land owned
2023-07-28 21:15
AIB makes a pre-tax profit of €987m
Its UK division, which includes its NI business, had a pre-tax profit of £119m, up £53m since 2022.
2023-07-28 17:54
Former Elon Musk colleague reveals Twitter boss ‘seems quite lonely’
It’s lonely at the top – just ask Elon Musk’s former colleagues. The Twitter owner tells the same jokes and anecdotes “over and over” and “seems quite alone,” according to a former senior executive at the company. Esther Crawford, who went viral last year after being pictured sleeping on the floor of Twitter’s office while trying to meet a tough deadline set by Musk, shared her thoughts in a post on the platform which was recently renamed X. Sign up to our free Indy100 weekly newsletter Crawford joined Twitter when it bought her startup in 2020, well before the billionaire took over the social media platform in a $44bn deal last year. The former head of product development, who was sacked in February as part of a round of 200 layoffs, said: “Elon is oddly charming and he's genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. “The challenge is his personality and demeanour can turn on a dime going from excited to angry. “Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him.” She said Twitter employees feared being called into meetings with him or having to deliver bad news. “At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said.” “Product and business decisions were nearly always the result of him following his gut instinct, and he didn't seem compelled to seek out or rely on a lot of data or expertise to inform it. “I saw a person who seemed quite alone because his time and energy was so purely devoted to work.” Meanwhile, Musk appeared to put more faith in random feedback and Twitter polls than in his employees who were working to troubleshoot problems. She said: “His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful.” However, she didn’t pull any punches about the previous management either, calling it “bloated” and “soft and entitled” where “teams could spend months building a feature and then some last-minute kerfuffle meant it'd get killed for being too risky.” Musk recently killed off the iconic bluebird Twitter logo, replacing it with a white X. He has said he wants to create a super-app inspired by China’s WeChat which would offer messaging and payments as well as social media. That vision may be difficult to make a reality, after the collapse of the platform’s advertising business as marketers soured on Musk’s decision to fire thousands of employees and dial down its content moderation efforts. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-07-28 17:27
Dalian Wanda settles dispute with China Vanke over mega project - Wanda official
HONG KONG Chinese property developers Dalian Wanda Group and Vanke have reached a settlement over a dispute related
2023-07-28 13:29
Kraft Heinz defeats lawsuit over mac & cheese preparation time
By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading
2023-07-28 06:53
Ocean shippers playing catch up to electric vehicle fire risk
By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM Electric vehicles are crisscrossing the globe to reach their eager
2023-07-28 03:58
Lawmakers seek to limit corporate and foreign ownership of US farmland
By Leah Douglas WASHINGTON U.S. lawmakers from both parties are pushing legislation that would limit who can own
2023-07-27 17:17