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Research: How Passion Can Backfire at Work

And how managers should handle this double-edged sword. July 24, 2024 fotodelux/Getty Images Post Post Share Annotate Save Print Passion has long been championed as a key to workplace success. However, scientific studies have found mixed results: On the one hand, some studies find evidence that passionate employees tend to perform better, while other research…

Why Hyundai’s New HX85A is the Perfect Compact Excavator For You

Why Hyundai’s New HX85A is the Perfect Compact Excavator For You October 18, 2022 | Product Knowledge, Updates In 2005, Hyundai Construction Equipment Americas entered the compact excavator market. Since then, Hyundai has released five generations of mini excavators, including their most recent release, the A-Series. Launching this series is the HX85A, the largest compact excavator…

Wall St ends volatile session lower in aftermath of global tech outage

By Stephen Culp NEW YORK (Reuters) -U.S. stocks extended their slump on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncertainty to an already-anxious market. The far-reaching tech outage disrupted operations across multiple industries including airlines, banking and healthcare after the glitch in cybersecurity firm Crowdstrike's software…

US labor board drops bid to revive rule on contract, franchise workers

By Nate Raymond and Daniel Wiessner (Reuters) - The U.S. National Labor Relations Board on Friday dropped its appeal of a judge's ruling striking down a rule that would have treated many companies as employers of certain contract and franchise workers and require them to bargain with unions representing them. The NLRB in a filing…

Fed faces wave of data before deciding on end-of-summer rate cut

By Howard Schneider WASHINGTON (Reuters) - Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said will represent a "consequential" change in policy from the pandemic-era battle against inflation to a phase of easing monetary policy. Where the process…

Brazil secures deal for G20 consensus documents ahead of Rio meetings, official says

BRASILIA (Reuters) - Brazil has reached agreement for consensus documents to be approved at the G20 finance meetings scheduled for next week in Rio de Janeiro, Mauricio Lyrio, Brazil's ambassador at the G20, said on Friday. Finance leaders from the world's largest economies failed in February to issue a joint statement amid a lack of…

Rallis India Q1 profit declines 24% to ₹48 crore

The company's PAT stood at ₹63 crore during the corresponding quarter of the previous fiscal, Rallis India said in a regulatory filing.By PTI July 19, 2024, 12:00:43 AM IST (Updated)Rallis India, a subsidiary of Tata Chemicals, on Thursday (July 18) reported a 23.80% decline in profit after tax at ₹48 crore during the quarter ending June…

US bank regulator warns against ‘worrisome’ state laws targeting banks

By Pete Schroeder WASHINGTON (Reuters) - A top U.S. bank regulator warned on Wednesday the agency may begin pushing back against the "worrisome trend" of states adopting laws meant to police national bank activities on political grounds. Michael Hsu, head of the Office of the Comptroller of the Currency (OCC), said in a speech that…

Dow Jones Industrial Average soars over 700 points on Tuesday as rate cut hopes pile on

Dow Jones gains 1.7% in a single day as rate cut hopes surge. Easing US Retail Sales data reignited market bets of a September rate cut. Dow Jones sets a new record high for a second day in a row. The Dow Jones Industrial Average (DJIA) surged to a second record-setting day in a row,…

US Dollar stops the bleeding as Retail Sales revisions show resilient outlook

US Retail Sales saw a slight uptick in June. USD's overall outlook still remains skewed to the downside due to dovish bets on the Fed. Markets remain confident about a September cut. On Tuesday, the US Dollar, as measured by the DXY index, saw some gains following promising results in June’s Retail Sales figures reported…

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