Melinda Gates calls for a caregiving ‘czar’

Good morning, Broadsheet readers! Melinda Gates calls on the Biden admin to appoint a caregiving czar, Julia Cheek’s EverlyWell is valued at $1.3 billion, and Melinda Gates poses the idea of a caregiving czar. Have a wonderful weekend. – Czar wanted. The pandemic has laid bare the shortcomings of the U.S.’s caregiving system. With schools... Read More

calls, caregiving, czar, Gates, Melinda

Southwest Airlines warns nearly 13% of workforce at risk of layoffs after punishing year for travel

January 13, 2021

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Southwest Airlines warns nearly 13% of workforce at risk of layoffs after punishing year for travel

Southwest Airlines Co. dramatically expanded its furlough warnings, telling employees that 6,828 jobs are at risk as to the company and its labor unions have failed so far to agree on how to cut $500 million in costs. Pilots, flight attendants, baggage handlers, and other workers got notices Thursday that they may be furloughed, Southwest... Read More

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Airlines, layoffs, punishing, risk, Southwest, travel, warns, workforce, year

Snowflake CEO collects a $95 million payout every month

January 9, 2021

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Snowflake Inc CEO collects a $95 million payout every month

Snowflake Inc is doing well by any stretch of the imagination. On Wednesday, the cloud-computing company reported that third-quarter revenue more than doubled from a year earlier, and its stock has surged 183% to $339.89 since its Sept. 15 initial public offering. That has helped make Chief Executive Officer Frank Slootman one of the best-paid... Read More

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CEO, collects, million, month, payout, Snowflake

Apple Pay limitations spark Dutch antitrust probe

January 4, 2021

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Apple Pay limitations spark Dutch antitrust probe

The Dutch competition regulator has opened an investigation into Dutch antitrust probe contactless payments on smartphones, arguing that some systems could stifle innovation in the payments market. There’s no named target for the probe, as per the watchdog’s usual procedures, but the release suggests Apple and its iPhones are the focus. Banks and financial technology... Read More

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antitrust, Apple, Dutch, limitations, Pay, probe, spark

The EU’s biggest oil producer will end extraction by 2050—and exploration is canceled as of now

December 30, 2020

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The EU’s biggest oil producer will end extraction by 2050

Denmark has become the EU’s biggest oil producer so far to set a finite deadline for ending oil and gas extraction, in an effort to meet some of the world’s most ambitious climate targets. While Denmark is known for its low-carbon offshore wind networks and its bicycle lanes, it is the largest oil and gas... Read More

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2050and, biggest, canceled, EUs, exploration, extraction, oil, producer

FiscalNote raises $160 million to help companies track government legislation

December 26, 2020

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FiscalNote raises $160 million to help companies track government legislation

A wave of populism has led many governments around the world to rule in an increasingly erratic fashion. This phenomenon has been challenging for citizens and businesses, but it has proved a boon for a company called FiscalNote, which makes software that tracks laws, regulations, and other government decrees. FiscalNote has been growing fast. On... Read More

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companies, FiscalNote, government, legislation, million, raises, track

Designing better businesses for a post-COVID world

December 21, 2020

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Designing better businesses for a post-COVID world

The collision of COVID and a business technology revolution has given new urgency to the role of design in business. Companies are reinventing themselves in the post-COVID world, out of necessity and opportunity. And the process of reinvention requires a kind of creativity that isn’t often taught in business school. That’s why Fortune created Brainstorm... Read More

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ONGC to augment production in 6-8 fields to derive marketing, pricing benefits

October 23, 2020

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ONGC to augment production in 6-8 fields to derive marketing, pricing benefits

ONGC at the moment produces 70 mscmd ( million customary cubic meters per day) of fuel from its operational fuel fields, which is nearly 90% of India’s whole production of pure fuel. State-run ONGC will ramp up production in at the very least six to eight fuel fields to safe the advertising and marketing... Read More

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Bajaj Allianz Life launches Smart Wealth Goal Ulip with return of mortality and premium allocation charges

October 16, 2020

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Bajaj Allianz Life launches Smart Wealth Goal Ulip with return of mortality and premium allocation charges

The plan is out there in three variants – Wealth, Little one Wealth and Joint Life Wealth. Bajaj Allianz Life Insurance coverage has launched, a unit-linked insurance coverage plan, Bajaj Allianz Life Smart Wealth Goal. This ULIP goals to create wealth for patrons whereas fulfilling long-term monetary objectives which may be associated to little... Read More

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RBI move to encourage homebuyers, give a boost to real estate

October 14, 2020

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RBI move to encourage homebuyers, give a boost to real estate

Rationalising threat weightage on residence loans and linking it to the LTV ratio will successfully lead to greater credit score stream to the real estate sector. The RBI saved the repo price unchanged in its October coverage evaluation on Friday, however introduced some measures which are seemingly to encourage homebuyers and give a boost... Read More

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The Truth Wire

The Truth Wire

Melinda Gates calls for a caregiving ‘czar’

Southwest Airlines warns nearly 13% of workforce at risk of layoffs after punishing year for travel

Snowflake Inc CEO collects a $95 million payout every month

Apple Pay limitations spark Dutch antitrust probe

The EU’s biggest oil producer will end extraction by 2050

FiscalNote raises $160 million to help companies track government legislation

Designing better businesses for a post-COVID world

ONGC to augment production in 6-8 fields to derive marketing, pricing benefits

Bajaj Allianz Life launches Smart Wealth Goal Ulip with return of mortality and premium allocation charges

RBI move to encourage homebuyers, give a boost to real estate

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