most leaving are usually smaller companies or simply a headquarters relocation that still keeps the bulk of jobs in California. However, the Institution notes that the loss of small companies with the potential to quickly grow also leads to stagnation in businesses and ...
How should businesses respond? In the first instance, leaders are having to react by increasing wages and being more attentive to employees’ demands. However, a more proactive and nuanced talent strategy may be needed to help improve retention and reap the rewards of...
On the Democratic side, Rep. Susan Davis of California also announced Wednesday she would not seek reelection. A 10-term veteran, Davis has worked on education and military issues in the San Diego seat Democrats expect to retain. She became the fourth Democrat to say this year that the...
“we have huge wholesale businesses there and we can track our e-comm businesses there, so we know there’s a customer there.” She said there’s been a large exodus of wealthy customers who are leaving major cities and moving to these secondary markets, “which are bec...
Learn how global sales by New Jersey-based businesses are supporting the local economy in our state. LOCAL CLINK BISHOP —“‘Bling Bishop’ who boasted of ties to Eric Adams is convicted of fraud,” by The New York Times’ Karen Zraick and Olivia Bensimon:“Lamor Whitehead, a Brooklyn pr...
Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.
Vultr is a cloud services provider offering a wide range of scalable, high-performance computing resources and solutions for businesses and developers, with affordable prices in over 30 regions around the globe. The Vultr Marketplace is a burgeoning cloud marketplace with around 100 vetted vendors ...
This comes as California’s property insurer of last resort told lawmakers thatit’s financially unprepared to cover the costs of a major catastrophe in the state. The plan now faces $311 billion in potential losses, up from $50 billion six years ago, California FAIR Plan president Victoria ...
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But challenging economic cycles in recent years have put pressure on businesses and their CEOs, Wiggins says. Their corporate boards, meanwhile, have taken “stronger positions in responding to market pressure more quickly,” as in, firing CEOs that can’t show a meaningful positive impa...