business

Articles, videos, and related content associated with all aspects of Business and the culture surrounding business.

He Didn’t Win the Argument – He Changed the Table
I. On August 27, Sun Yuchen published a long post titled "My Girlfriend Jing Tian." It ran for thousands of characters, detailing the beginning and end of his relationship with the actress Jing Tian, mentioning a 30-million-yuan bride price, surrogacy, and the details of their breakup. At the end of the post, eight characters were printed: "This article is purely fictional."
By Jin2 months ago in Journal
How Nokia Lost Its Place in the Mobile Phone Market
On February 11, 2011, Nokia gathered the media in London to announce a major change. The company said Microsoft's Windows Phone would become its main smartphone platform. Nokia CEO Stephen Elop described the company as being at a “critical juncture.” Nokia was changing direction because the mobile phone business around it had changed.
By Human Business Works2 months ago in Journal
What Does Your Work Mean To You?
Sometimes it is not easy to be honest with ourselves when we have made bad decisions, or have not achieved our aims. But acknowledging why we are doing the job we do, or have taken a certain career path, could also help to clarify who we are, where we are going, or what we need to do to confidently reach that state.
By Elaine Sihera 2 months ago in Journal
LTAT Anchors GTA Holdings’ ACE Market Debut as Armed Forces Pension Fund Secures Strategic Aviation Stake
Lembaga Tabung Angkatan Tentera (LTAT) is poised to become a cornerstone shareholder in GTA Holdings Bhd as the aviation maintenance, repair, and overhaul (MRO) services provider prepares for its debut on Bursa Malaysia’s ACE Market next week. The armed forces pension fund has subscribed to a 5.6% stake in GTA’s enlarged share capital through the company’s initial public offering (IPO) institutional placement, according to a recent Bursa Malaysia filing. Based on GTA’s post-listing capital of 1.29 billion shares, LTAT’s holding translates to approximately 72.3 million shares. At the IPO price of 35 sen apiece, this strategic investment carries an estimated value of RM25.3 million, signaling strong institutional endorsement of the company’s growth trajectory and its critical role in Malaysia’s aerospace ecosystem.
By Mark Lim 2 months ago in Journal
Bursa Malaysia Retreats to 1,700 as Global Sentiment Sours and Broad-Based Selling Intensifies
Bursa Malaysia experienced a sharp and decisive correction on September 1 as deteriorating global sentiment and pervasive selling pressure eroded investor confidence, pushing the benchmark index back toward the psychologically significant 1,700 level. The FTSE Bursa Malaysia KLCI (FBM KLCI) closed 25.34 points lower, or 1.47%, at 1,700.54, retreating significantly from its August 28 close of 1,725.88. Throughout the session, the index fluctuated between an intraday high of 1,729.17 and a low of 1,697.83, reflecting persistent volatility and the absence of sustained buying support at higher levels. The decline was not isolated to blue-chip constituents but extended aggressively across the broader market, signaling a systemic shift in risk appetite rather than sector-specific weakness. This synchronized downturn suggests that external macroeconomic headwinds, likely stemming from renewed global growth concerns, monetary policy uncertainty in major economies, or escalating geopolitical tensions, are currently dominating local fundamentals and forcing a repricing of risk across the board.
By Mark Lim 2 months ago in Journal
What to Actually Check Before Giving Offshore Access to Your Systems
Delegating tasks to remote team members can be one quick way to reclaim time and expand a business. But as soon as a company moves from planning to execution, another question comes into focus: how much access should a new hire actually have?
By Solution Boxes2 months ago in Journal
Pernod Ricard Reports Steep Sales Declines in US and China, Trims Growth Outlook
Pernod Ricard, the world's second-largest spirits maker, reported steep sales declines in both China and the United States on Thursday and said it now expects to achieve only the lower end of its long-term sales target through 2029, underscoring the prolonged downturn facing global spirits makers. The French wine and spirits group, which produces Martell cognac and Absolut vodka, saw its shares fall more than 6% as CEO Alexandre Ricard told investors that the U.S., its largest market, offered little growth potential over the next three years.
By Mark Lim 2 months ago in Journal
My Boss Asked Me To Quit My $600k Job For His Startup — I Said "I'm Coming Later"
The private room in the Japanese restaurant had the air-conditioning set too low. When he sat down, his knee knocked against the table leg. The ceramic bowl wobbled but didn't tip.
By Jin2 months ago in Journal
BitGo Expands Institutional Platform with Acquisition of NYDIG's Trading Business
BitGo Holdings, Inc. (NYSE: BTGO), a digital asset infrastructure company, announced today that it has entered into a definitive agreement and completed the acquisition of the institutional trading business and related assets of NYDIG. The transaction significantly expands BitGo's institutional service offering while enabling NYDIG to concentrate its resources on its vertically integrated power generation, bitcoin mining, and high-performance computing (HPC) data center development business.
By Mark Lim 2 months ago in Journal
Fractional AI Leadership Options for Midsize Companies
Every midsize company is asking the same question: who will lead our AI strategy? A full-time Chief AI Officer or CIO is rarely affordable or necessary, so leaders turn to a fractional market that has grown crowded almost overnight. The number of "fractional" executives on LinkedIn climbed from about 2,000 to more than 110,000 in two years. Managed service providers now offer "vCIO" packages, boutiques and global consultancies sell AI strategy, and every website reads alike.
By Vipan K.2 months ago in Journal
William Dunn left wine and spirits at 50 to buy a cleaning company. Two years later it had doubled.
In early 2022, William Dunn and his leadership team pulled themselves headfirst through a mud pit on national television. The setting was CNBC's No Retreat: Business Bootcamp, a reality series hosted by Spartan Race founder Joe De Sena, and CNS Cleaning Company was one of only six businesses chosen from across the country to compete. Crawling through mud is an odd look for the president of a commercial cleaning company. Dunn signed up anyway.
By Vipan K.2 months ago in Journal
I Had a $50,000/Month Offer. I Chose This Instead. Here’s the Cost.
I came back home at three in the afternoon. In the hallway I ran into a neighbour, groceries in hand. He smiled. “Off work so early?”
By Jin2 months ago in Journal