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HSBC to test Zoom-free Fridays

Staff in the bank s commercial arm will get afternoons off video meetings to combat home-working burnout 10 May 2021 • 6:00am HSBC is piloting Zoom-free Friday afternoons for some of its staff as it becomes the latest major UK business to tackle working from home fatigue and burnout during the pandemic. Sources said that HSBC’s UK bank is testing out the idea as part of a taskforce looking at the future of work for employees. If the idea goes ahead then it would mirror steps already taken by Wall Street firms to combat the blurring of lines between home and work as a result of lockdowns.

HSBC to pilot Zoom-free Friday afternoons

HSBC to pilot Zoom-free Friday afternoons Published image copyrightGetty Images Banking giant HSBC plans Zoom-free Friday afternoons for some UK staff in an effort to tackle stress caused by working from home during the pandemic. The trial programme follows similar plans announced by other firms to boost well-being among employees. It applies to its commercial banking unit, which covers current accounts, loans, mortgages and credit cards. The move comes as HSBC pursues plans to shrink its office space by 40% in a post-pandemic shake-up. HSBC confirmed it was testing the idea as part of a taskforce looking at the future of work in its UK bank, as first reported by the Telegraph newspaper.

10May2021 Pre-Market Commentary: Wall Street To Open Mixed As Soaring Commodities Depress Tech Stocks, DOW Up 125 Points, Nasdaq Down 0 2%, WTI Crude 65 38, Gold 1842, Dogecoin Slips To 0 51

Authored by Charles Hugh Smith via OfTwoMinds blog, But weirdly, and irrationally, bubbles pop anyway. At long last, the moment you ve been hoping for has arrived: you re pitching your screenplay to a producer. Your agent is cautious but you re confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you re off and running: Writer: Two guys start a cryptocurrency as a joke to parody the crypto craze, and they name it KittyCoin. It goes nowhere but then the greatest speculative bubble of all time takes off, it s the dot-com and housing bubble times 100 but in everything, and within a couple months the entire economy is dependent on this bubble, and the bubble is dependent on KittyCoin, which has shot up 15,000 percent in a few weeks. A celebrity CEO who s been promoting KittyCoin is invited to host a failing TV variety show, and now the whole economy depends on KittyCoin soaring even higher.

10May2021 Midday Update: Cyberattack Shuts Down Major US Gasoline Pipeline, DOW Up 265 Points, Nasdaq Slides -1 2%, Bitcoin Gains 58400, Dogecoin Down $0 50, US Dollar Down 90 06

Gasoline futures jump to highest in nearly 3 years on pipeline cyberattack (SPY +0.1%). U.S. Covid cases down 30% over past two weeks and the dollar is sliding after the horrible April jobs report. Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. The Future Of U.S. LNG: Only The Biggest Will Survive Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing, the U.S. had more than enough not just for its domestic needs but also for gas-thirsty neighbors and far-off buyers such s China and South Korea. LNG was to be one of the weapons of U.S. energy dominance during the Trump administration, and indeed, Washington d

Citi Goes Zoom Free On Fridays…And Other Small Business Tech News

Citi Goes Zoom Free On Fridays…And Other Small Business Tech News
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