7

‘You can’t tell me this doesn’t work’: Shark Tank’s Kevin O’Leary has ripped apa...

 1 year ago
source link: https://finance.yahoo.com/news/t-tell-doesn-t-shark-103131625.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client

‘You can’t tell me this doesn’t work’: Shark Tank’s Kevin O’Leary has ripped apart Elon Musk’s claim that working from home is ‘immoral’

12:47
Kevin O'Leary talks on Tesla, Cybertruck release, Elon Musk, work-from-home, commercial real estate
 after Musk seemed 
 to impress investors 
Kevin O'Leary talks on Tesla, Cybertruck release, Elon Musk, work-from-home, commercial real estate
Scroll back up to restore default view.
Eleanor Pringle
Fri, May 19, 2023, 7:31 PM GMT+9·4 min read

Shark Tank star Kevin O'Leary doesn't mind if staff at his 54 companies work from home—and he certainly doesn't think it's "immoral".

More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home

When asked if working from home is unethical the Canadian businessman—reportedly worth $400 million—responded simply "no."

It comes following a rant from Tesla and Twitter owner Elon Musk, who questioned if it was "morally right" for some people to work from home where others, such as delivery drivers and factory workers, cannot.

"[It's] messed up," Musk said in an interview with CNBC. "It's a productivity issue but it's also a moral issue. People should get off their godd*** moral high horse with their work-from-home b****** because they're asking everyone else to not work from home while they do."

O'Leary is more open to the policy—a tactic which may make him more popular with staff, as a recent study from McKinsey & Company found that 87% of the American workforce would choose to work somewhat flexibly if the opportunity was offered to them.

McKinsey added: "Employers are wise to invest in technology, adapt policies, and train employees to create workplaces that integrate people working remotely and on-site."

"The world's changed," O'Leary told CNN. "The economy's changed, the ethics of work have changed. We went through an extraordinary period during the pandemic—the idea that you'd split up a headquarters and you'd let people leave a headquarters to work from home was not even contemplated. It was considered too risky.

"Now it's a proven, effective method or project management."

Recommended Stories
  • cc72a7f0-f1cc-11ea-bbeb-29ea4fd3b270.cf.webp
    Yahoo Finance

    Kevin O’Leary: Tesla's Cybertruck has 'a really ugly look,' but ‘the demand is huge’

    "Shark Tank" star and O’Shares Investments Chairman Kevin O’Leary believes Tesla's Cybertruck is setting the company up for another big shift in its fortunes.

    2d ago
  • 54a89795a53661714ab929b9427ec37d.cf.webp
    Fortune

    Mark Cuban says Elon Musk’s Twitter plan goes deeper than anyone realizes

    The Dallas Mavericks owner predicts Musk could be keen on using Twitter's firehose of data to train his own advanced A.I. chatbot.

    10h ago
  • 2889805f53dfeb624d35d835703862b8.cf.webp
    SmartAsset

    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.

    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.

    9h ago
  • f37bc1bc43fe4161b401f6c78886526a.cf.webp
    Benzinga

    The Professor Who Made $10 Billion By Cutting Google Its First Startup Check

    In the realm of hitting the jackpot, being in the right place at the right time and taking a gamble can prove life-changing. One person who embodies this serendipitous combination is Stanford University professor David Cheriton. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families While his name may not ring a bell for most, Cheriton stands as one of the luckiest and wealthiest educators of all time. How did a colleg

    1d ago
  • c1bd3cf3f45dedf0d4d30accb1aee4bb.cf.webp
    The Wall Street Journal

    Miller Lite Defends Marketing Chief Over Satirical Ad Criticized as ‘Woke’

    Conservative commentators target the brewer for a spot hitting past depictions of women in beer marketing.

    1d ago
  • 62d0af1c6c7639191280c9e3522eadb9.cf.webp
    Barrons.com

    Everyone Is Focusing on Bud Light’s Transgender Controversy. They’re Missing a Bargain Stock Opportunity.

    The controversy over Bud Light’s transgender promotion obscures Anheuser-Busch InBev’s push to boost global sales and revenue growth

    5h ago
  • a59bfc2b94158ae050813a2539ee4686.cf.webp
    The Wall Street Journal

    Nine Rounds of Interviews and No Call Back: It’s Harder Than Ever to Land a White Collar Job

    When she applied for marketing jobs earlier this year, Megan Burr went through eight interview rounds before getting rejected. Amid layoffs and hiring freezes, many employers have slowed down filling office jobs, from receptionist to chief financial officer, executives and recruiters say. This time, though, her job hunt lasted four months, with companies expecting her to complete more presentations and interviews, which she said frequently felt redundant.

    6h ago
  • f8e43a1b41c6c642223f4b086236e315.cf.webp
    AP Finance

    LGBTQ+ group suspends Bud Light maker's rating over handling of backlash to transgender influencer

    The country's largest advocacy group for LGBTQ+ rights has suspended its benchmark equality and inclusion rating for Anheuser-Busch, citing the beer company's handling of the hate-filled and transphobic backlash to its partnership with transgender influencer Dylan Mulvaney last month. The Human Rights Campaign informed the Bud Light maker that it suspended the company's 2022 Corporate Equality Index score — a tool that measures corporate policies, practices and benefits related to the well-being of lesbian, gay, bisexual, transgender and queer employees — on May 9, according to a letter shared with the The Associated Press on Friday. The suspension of Anheuser-Busch’s CEI score means that the company “no longer has the right to use the ‘Best Places to Work’ distinction,” HRC’s letter says.

    2h ago
  • 42d509527e930c5ad6e00aab561a1a76.cf.webp
    SmartAsset

    This Is The Average Retirement Income in the U.S. (Prepare to Be Surprised)

    Wondering how your retirement savings stack up to other Americans' nest eggs? Or whether your income in your post-work years will be enough to keep you afloat? It's normal to be curious about the average retirement income in the U.S. … Continue reading → The post What Is the Average Retirement Income? appeared first on SmartAsset Blog.

    1d ago
  • 728d0ad8d32a71a2af22a90de3cbca90.cf.webp
    The Wall Street Journal

    Disney Scraps Plan for Florida Campus, Closes ‘Star Wars’ Hotel Amid DeSantis Feud

    The decisions come as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.

    10h ago
  • d5a9a5e3fc814f1976ccd984afa41c2c.cf.webp
    Reuters

    Not enough resources for EVs to be only cleaner car option, Toyota says

    A lack of resources means battery electric vehicles (BEV) cannot be the auto sector's only answer to climate change, Toyota Motor Corp's top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow to embrace BEVs, saying it has lagged Tesla Inc and others amid growing global demand. The world's top automaker by sales has countered that BEVs are just one option and that gasoline-electric hybrids, such as its pioneering Prius, are a more realistic choice for some markets and drivers.

    1d ago
  • 6b71330537e6ec0cddd81900c3420935.cf.webp
    SmartAsset

    Are You Need a Baby Boomer? You Need This Much Money to Retire Comfortably

    The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.

    10h ago
  • 64eb2050-f654-11ed-8fe7-1f83a2080cff.cf.webp
    Reuters

    UPDATE 3-American Airlines pilots reach tentative agreement on new contract

    American Airlines pilots have agreed in principle on a new contract that boosts their pay by 21% in 2023, sources told Reuters on Friday, ahead of a busy summer travel season, after years of negotiations with the largest U.S. carrier. The Allied Pilots Association (APA), which represents over 13,000 pilots at Texas-based American, said on Friday it will move forward with completing contractual language before presenting the contract to its board for an approval. However, the union did not share contract details.

    9h ago
  • 6aeef3c46a6c7ea6b556882abdd6f761.cf.webp
    Zacks

    Alibaba (BABA) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

    Alibaba's (BABA) fourth-quarter fiscal 2023 results reflect strength across the International commerce segment, local consumer services and Cainiao logistics businesses.

    8h ago
  • 1a66219f10ebe31c5a4fe168fde7115f.cf.webp
    Bankrate

    How to use your HSA as a retirement plan

    Here’s how your HSA can give your retirement savings a boost.

    4h ago
  • 7105bab5a0af80432cce784032b0f95c.cf.webp
    Zacks

    5 Non-Ferrous Metal Mining Stocks to Watch in a Promising Industry

    The prospects for the Zacks Mining - Non Ferrous industry remain solid, buoyed by strong demand from end-use sectors and the energy-transition trend. Stocks like SCCO, FCX, CDE, UUUU and ARREF are worth keeping an eye on, backed by their growth prospects.

    8h ago
  • 737eadd6c53678408ad34a635a4c532b.cf.webp
    Investor's Business Daily

    Warren Buffett Keeps Buying Occidental Petroleum Stock As OXY Stake Nears 25%

    Warren Buffett's Berkshire Hathaway has purchased Occidental Petroleum in six straight trading days, targeting a buy range of 58.11-58.66 since Tuesday.

    3h ago
  • 5eb1e734cffcb1e8484e5080400a6dc9.cf.webp
    Benzinga

    150,000 Laid-Off Tech Workers Fuel Massive Wave Of New Startups – And They're Actually Making More

    This year did not start off great for many tech workers. After tens of thousands of layoffs in 2022, tech companies continued to shed workers in round after round of layoffs. Technology companies from Microsoft Corp. to Meta Platforms Inc. announced thousands of layoffs at the beginning of the year. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families A report from placement services firm Challenger, Gray & Christmas

    1d ago
  • 67c35011fafb51cb628aacbb20b6173b.cf.webp
    Reuters

    JPMorgan investors to scrutinize First Republic takeover

    NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for the bank's investor day on Monday, he can expect plenty of questions about its purchase of failed First Republic Bank. Analysts will seek more details about the deal and JPMorgan's plans to integrate the business into the largest U.S. bank.JPMorgan's succession plans will also be in focus after Morgan Stanley's CEO said on Friday he would step down within a year. JPMorgan has agreed to undertake $173 billion of the failed bank's loans, $30 billion of securities and $92 billion of deposits after First Republic was shuttered by authorities earlier this month.

    6h ago
  • 5a928b3b3c263137447474cb10bafa06.cf.webp
    Business Insider

    What you need to know if you want a job at an elite firm like Citadel, Point72, or Millennium

    Some of the biggest hedge fund managers have talked to Insider about what it takes to join their ranks. Here's what we know.

    2h ago

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK