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The new age of interventionism - the big state is back in business

Money Talks Podcast, The Economist, 13 January 2022

In this episode of Money Talks, the panel discusses how governments around the world are deciding it is time to bring big business to heel. The podcast also explores how a suite of old tools is being dusted off and reimagined—from a return to picking winners to turning the century-old global tax system on its head, implying the big...

How old laws are being used to shut down independent journalism in Hong Kong

An-Ho Lai & Yuen Chan, NiemanLab, 12 January 2022

Hong Kong has never been a democracy, but it was home to a vibrant media scene and enjoyed the free flow of information. This is the case no more. The National Security Law (NSL), unilaterally imposed by Beijing in 2020, cracked down on protest and effectively outlaws dissent. This law chills free speech and has already forced the closure of...

Adam Grant on the power of knowing what you don’t know

This Working Life Podcast, ABC, 11 January 2022

In this episode of This Working Life, organisational psychologist and professor Adam Grant, from The Wharton School of the University of Pennsylvania, explores how to stay curious, find comfort in being wrong and create a "challenge circle" of people who actively challenge your beliefs. He also argues in today's rapidly changing work...

China Evergrande abandons corporate headquarters

Yusuke Hinata & Kenji Kawase, Nikkei Asia, 10 January 2022

Embattled property company China Evergrande began removing its name from its corporate headquarters in Shenzhen on Monday. In a statement, the company said it had moved to a building it owns elsewhere in Shenzhen to save on rent amid its cash crunch. Evergrande is struggling with over $300 billion in debts, including around $20 billion in...

Will workers continue to pay a price for flexibility?

Katie Bishop, BBC, 10 January 2022

Employees with non-traditional working arrangements have been punished in pay and promotions alike. It’s almost hard to remember a time before the pandemic when working flexibly was the exception, rather than the norm. Business leaders and decision-makers who might previously have frowned on flexible working have had the chance to experience a...

James Hardie CEO sacking highlights falling tolerance for workplace bullies

Patrick Hatch, The Sydney Morning Herald, 09 January 2022

Bosses who intimidate and humiliate staff have been put on notice, as management experts say companies and employees are losing tolerance for workplace bullies. The $23 billion ASX-listed building materials giant James Hardie Industries shocked shareholders last week by firing chief executive Jack Truong over his “intimidating, threatening” and...

Citigroup to fire unvaccinated employees

David Henry, Noor Zainab Hussain & Anirban Sen, Reuters, 08 January 2022

Citigroup Inc employees in the United States who have not been vaccinated against COVID-19 by January 14 will be placed on unpaid leave and fired at the end of the month unless they are granted an exemption, according to a company memo. The US bank is the first major Wall Street institution to follow through with a strict vaccine...

Charting the path to the next normal

McKinsey & Company, McKinsey & Company, 01 January 2022

Is the pandemic now a second order issue for most people? Would you rather get to work on a bicycle or electric vehicle? Is second hand clothing the new black? Check out the most up-to-date data on consumer, business, investment, and social trends in McKinsey’s latest update of the world charts...

“Has the country gotten more democratic? Richer? Freer? Happier?”: picking the country of the year

The Intelligence Podcast, The Economist, 29 December 2021

This episode of The Intelligence podcast looks at 2021’s most-improved countries. The Economist selects its country of the year, as well as a nation that has improved the most. Improvement, though, was damnably rare in 2021...

Elon Musk named Times’ 2021 person of the year

Reuters, 14 December 2021

Tesla CEO Elon Musk was named Time magazine's "Person of the Year" for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew. According to the magazine, "The Person of the Year" signifies somebody who...