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More Office Space Removed Than Built in U.S. for First Time Since 2000

Allwork

Since 2016, roughly 33,000 apartment and condo units have been created through office conversions, with another 43,500 planned. About 76% of current conversions are being developed into residential units. Hotels account for 8%, while industrial and life sciences projects make up smaller portions. Another 10% fall into other categories.

2018 279
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Wells Fargo CEO Says Bank May Lose $3B On Office Loans

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trillion asset cap imposed by the Federal Reserve that prevents the bank from growing until regulators deem it has fixed problems dating back to the 2016 fake accounts scandal. Wells Fargo is also reportedly doubling down on efforts to lift a $1.95

2016 264
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Brazil’s Unemployment Rate Rises But Job Creation Remains Strong

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The central bank raised interest rates last week by 100 basis points to 14.25% – a level not seen since 2016 – and signaled a smaller increase to come in May.

2016 130
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Think Before You Badmouth A Coworker — AI Is Tattling On You

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was founded in 2016, and provides recording and transcription services that can be connected through Zoom or manually when in a virtual or in-person meeting. The transcript showed that after Bilzerian had logged off, investors had discussed their firms strategic failures and cooked metrics, he told The Washington Post.

Medical 223
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Smart Exits: 4 Succession Plan Case Studies

Success

Clay Coyote A stepwise shift to shared ownership When Morgan Lee Baum bought her family’s rural Minnesota pottery business in 2016, she stepped into more than just ownership—she took on a legacy. “What started as a scramble for stability became a system for innovation.”

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Market Research: Your Startup’s Blueprint to Thrive

Success

Launched in 2016, they hit a valuation of $1.4 Allbirds Allbirds, the eco-sneaker startup surveyed potential buyers, prototyped with wool obsessively, and leaned on focus groups to confirm people wanted sustainable shoes that didnt suck to wear. billion by 2019 and over $219 million in revenue by 2021 proving green can mean gold.

2015 246
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Can They Do That? Trump Federal Employee Buyout Offers Explained

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A 2016 federal law only allows agencies to place workers on paid leave for 10 days in a calendar year, with some exceptions, and would seem to preclude them from placing many workers on leave for months. Agencies could place workers who agree to resign on paid administrative leave, but it is unclear whether they have the authority to do so.

Agencies 227