Business World

Hundreds of employees at ChatGPT maker OpenAI say they may quit the company and join former CEO Sam Altman at Microsoft unless the board of the company resigns. Sam Altman was pushed out as OpenAI CEO on Friday after the board lost confidence in him An unprecedented weekend of chaos …

Shramana Sarkar spends a good chunk of time serving coffee, and far less time than she'd like on her master's degree. But precarious workers like Sarkar have little choice but to juggle intense schedules so they can afford the basics. In Part 3 of The Grind, Shramana Sarkar is caught …

The union that represents thousands of grocery store workers in Ontario says it has reached a tentative agreement with No Frills, averting a strike that could have started as early as Monday. Workers set to vote on new agreement this week, union says The union that represents thousands of grocery …

Tech companies like WeWork enter the market with big promises to disrupt and make life better, cooler or easier. At first they're willing to lose millions of dollars a month, but they eventually start to behave more and more like the incumbents. But by then, the existing industry has been …

The United Auto Workers union ratified new contracts with Ford and Stellantis that, along with a similar deal with General Motors, will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business as it shifts away from gasoline-fuelled vehicles. UAW members at GM …

China Banking Corporation (Chinabank) was named as The Big Shift Champion of the Year during the Excellence in Customer Engagement Awards 2023 at the recent ENGAGE 2023 conference of Backbase, the global leader in engagement banking platform. In a statement, the bank said it was distinguished for its big shift …

The Securities and Exchange Commission (SEC) joined forces with the Department of Migrant Workers (DMW) for a financial literacy and investor education campaign to help overseas Filipino workers (OFWs) spot investment scams and manage their finances better. The Commission has signed a memorandum of agreement with DMW to kickstart their …

The Gokongwei Group’s Universal Robina Corporation (URC) was once again ranked high among consumers’ most chosen FMCG (fast-moving consumer goods) brands—showing that its segment-leading products are proving to be consistent favorites among Filipinos. In a statement, URC said Great Taste coffee was ranked as the fourth most chosen beverage brand …

The Securities and Exchange Commission (SEC) and the Department of the Interior and Local Government (DILG) have joined forces to empower local government units (LGUs) in tackling investment scams and promoting financial literacy across the country. The SEC and the DILG signed a memorandum of agreement to formalize their partnership …

A 7-1 majority of the Supreme Court of Canada has ruled that Quebec’s Autorité des marchés financiers can proceed with trying to have Fred Sharp, Canada’s kingpin in the Panama Papers, banned for five years from the province’s stock market. Province's AMF sought 5-year ban and $2M fine on Fred …