Tesla and SpaceX founder Elon Musk says the biggest problem with corporate America today is that too many business school graduates are running the show. “I think that there might be too many MBAs running companies,” Musk said Tuesday at the WSJ CEO Summit. This “MBA-ization of America,” isn’t great, Musk said, especially when it comes...
FlashNews:
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Prince Harry and Meghan Markle Signed Exclusive Deal with Spotify
Prince Harry and Meghan Markle are podcasters now. Spotify (SPOT) announced on Tuesday an exclusive partnership with Archewell Audio, a new, audio-first production company founded by The Duke and Duchess of Sussex. The deal allows the couple to grow their streaming and media footprint. It’s their latest investment since they announced in January that they were stepping back from...
New Jobs Portal to Assist Unemployed South Africans to Get Access to work
Youth looking for employment can now access learning and work opportunities on government’s newly launched portal, SAYouth. The SAYouth initiative is part of Cyril Ramaphosa’s Presidential Youth Employment Intervention Project. It is supported by the Harambee Youth Accelerator Programme, the labour and education departments, the National Youth Development Agency as well as the Development bank...
A New Visa Credit Card Offers Bitcoin Rewards Instead of Cash
Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash. Users of the Bitcoin Rewards Credit Card will receive 1.5% of their purchases back in the world’s most-valuable digital asset, and a lump sum $250 in the crypto-asset if they spend more than $3,000...
Nigeria High Inflation Rate and the Rise of Food Costs
Nigerian inflation quickened to an almost three-year high in November as dollar shortages, insecurity in farming areas and supply bottlenecks stoked food prices. Consumer prices rose 14.9% from a year earlier, compared with 14.2% in October, the Abuja-based National Bureau of Statistics said Tuesday in a report published on its website. That matched the median...