Back to the office, business risks 2022: CEO Daily readers weigh in

Hello.

It’s Friday, so a little feedback before Labor Day weekend.

“Unfortunately for executives, there’s two years of data proving that work and production haven’t suffered (from remote working) and that’s just a fact… I bet my salary that ‘transparency’ (of CEO) will basically be ‘Because I said so,’ but they’ll mask it with the need for collaboration and a sense of being part of something. Spare me. I have my family and friends. I don’t have need none of that.

And a lot of reactions to Tuesday’s post about the flock of black swans adding to trading risk these days. Here is AR:

“It would be great if we could also see what the marginal costs of these risks are…For example, I’ve found in talking to many small business owners that the issue of homelessness has caused them to hire private security agencies to curb the problem.”

MC had this to say:

“When will companies take seriously the root cause of all these risks: income inequality and wealth inequality. Nothing less than rearranging the lounge chairs on the Titanic.

But SP gave it a very different political twist:

“So what is the common denominator of the period 2020 to 2022: Biden and his left wing, socialist administration have taken over. Defund the police, open borders, Soros-appointed municipal prosecutors, a weakened military, end fossil fuels, and watch the country and after the country burn coal.

Which leaves me wanting a long weekend. We will be back on Tuesday. More news below.

Alan Murray
@alansmurray

[email protected]

TOP NEWS

Starbucks CEO

Starbucks’ next CEO will be Laxman Narasimhan, a longtime PepsiCo executive – and more recently the CEO of British-Dutch consumer goods giant Reckitt – who will join the coffee chain early next month before taking over as CEO by acting Howard Schultz in April. 1. Fortune

Amazon Defeat

The U.S. National Labor Relations Board is set to overrule Amazon’s objections to certifying its workers’ first union. Amazon said it would appeal. Thousands of Amazon workers at a Staten Island warehouse voted in April to join the Amazon Labor Union, which was founded by laid-off worker (and former rapper) Chris Smalls. Washington Post

Illumina Victory

Illumina has defeated the Federal Trade Commission’s attempt to unwind its $7.1 billion purchase of cancer screening company Grail. The FTC, which can appeal, had argued that buying Grail of the biotech company would diminish innovation – the agency is trying to move beyond traditional US antitrust concerns, namely price and production. the wall street journal

AROUND THE WATER COOLER

The CEO of a publicly traded company was framed by a 34-year-old Bronx woman who was targeting other wealthy, high-profile men, per Bloomberg

Chinese property developers fall 87% in the first half of 2022 – and the housing market may still not have bottomed out, by Grady McGregor

Crypto entrepreneur accused of orchestrating a million-dollar verification hustle on Instagram, by Marco Quiroz-Guttierez

How Elon Musk and ‘Mudge’ tarnished Jack Dorsey’s credibility in Silicon Valley, by Kylie Robison

California is the first state to make electric cars mandatory. Now he’s telling landlords not to charge them, by Alena Botros

This edition of Daily CEO was edited by David Meyer.

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