Industry News – General developments across sectors
Foundation Software, a frontrunner in construction software, has secured the Gold designation in the 2025 Healthy Worksite Recognition Program. This accolade from the Health Benefits Coalition of Ohio showcases their commitment to cultivating a supportive workplace through effective wellness initiatives. Source: Foundation Software Key Points Foundation Software has been awarded the Gold designation in the […]
The UK government is looking to change the game on immigration with plans to extend the qualifying period for Indefinite Leave to Remain (ILR) from five years to ten. This proposed overhaul means that migrants will need to clock in more years before securing their settlement status, which is framed as an incentive for long-term […]
NEW YORK–(BUSINESS WIRE)–Morgan Stanley at Work today issued new data from its fifth annual State of the Workplace Financial Benefits Study. Amid heightened concerns around inflation and the economy—including fears of a possible recession—the data reveals that companies and employees alike are feeling increased pressure. As financial stress rises, this research underscores the strategic importance […]
Summary Miter, a cloud-based platform specialising in HR, finance, and operations for construction and service contractors, has successfully raised $38 million. The funding includes a recent $23 million round led by prominent investors Bessemer Venture Partners and Coatue Management LLC. Founded in 2021, Miter aims to simplify and enhance the capabilities of contractors through integrated […]
Big Tech is currently undergoing significant structural changes as companies strive to flatten their organisational hierarchies, eliminating middle management to boost efficiency and speed. This move reflects a broader trend within the tech industry, aiming to adapt to rapid market shifts and competition. Key Points Tech giants like Amazon, Microsoft, and Google are reducing middle […]
Wolters Kluwer, a 187-year-old global information solutions provider, is undergoing a major transformation under the guidance of CIO Mark Sherwood. Known for its dual focus on cloud and AI, the company is reshaping its operations to enhance data management and innovation. Sherwood’s approach revolves around fostering collaboration, addressing cybersecurity challenges, and leveraging artificial intelligence to […]
Verizon has made headlines by retracting its diversity, equity, and inclusion (DEI) initiatives to secure Federal Communications Commission (FCC) approval for its $20 billion acquisition of Frontier Communications. The company aims to enhance internet access to 25 states, including underserved rural areas, while promising upgrades in technology and fibre-optic deployment to millions of homes. Source: […]
PH Resorts Group has confirmed it has not given up on the provisional casino license provided by PAGCOR for its stalled Emerald Bay integrated resort project in Cebu. Despite concerns from its main lender about potentially selling the site, the company emphasised that the situation regarding its licenses in Clark and Cebu are separate. The […]
Summary Wynn Las Vegas has agreed to pay a $5.5 million fine imposed by the Nevada Gaming Control Board for violations related to anti-money laundering (AML). This makes Wynn the third Las Vegas Strip operator to face such penalties in 2025, following Resorts World and MGM Resorts. The complaints outline several instances of illicit money […]
Trump’s administration is ramping up scrutiny of corporate diversity, equity, and inclusion (DEI) initiatives with a deadline set for next week. Federal agencies have been tasked with identifying potential targets for investigations related to DEI practices, which could lead to civil compliance inquiries. The clock is ticking for companies to prepare! Key Points President Trump’s […]
