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How to ask for a raise in pandemic recession

When negotiating a raise, timing matters. Typically, it’s best to ask before annual budgets are locked and to steer clear of Monday mornings when the boss may be cranky. But in a pandemic-led recession? It’s awkward, for sure, but it’s not an impossible task. With unemployment in the US exceeding 10% and average jobless claims running over one million per ...

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Is Big Oil still a big deal

From Monday there will be just one oil company in the Dow Jones Industrial Average — Chevron Corp. The removal of Exxon Mobil Corp from the index after an uninterrupted presence since 1928 shouldn’t come as a surprise. It’s not the end of Big Oil, but it may signal the start of the beginning of the end. It may seem ...

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India’s Ambani to pay $3.4b for Future Group retail units

Bloomberg Reliance Industries said it will acquire the retail, wholesale, logistics and warehousing units of India’s Future Group for 247.1 billion rupees ($3.4 billion), in a transaction that will propel Mukesh Ambani’s ambitions to dominate India’s retail sector. Future Group will merge some of its remaining businesses into Future Enterprises, Reliance Retail Ventures said. Ambani’s unit will then invest 12 ...

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