May 16, 2018

A caution about workplace friendships

Though work friendships can provide emotional support, they can also be a distraction, says Nancy Rothbard of the Wharton School. Above, stock brokers laugh at Frankfurt's stock exchange. THOMAS LOHNES/AFP/Getty Images

(U.S. Edition) Kellogg is the latest U.S. company to pull out of Venezuela amid soaring inflation and dwindling access to raw materials. We'll take a look at how the country's president, Nicholas Maduro, is reacting to the news. Afterwards, we'll discuss Seattle's decision to approve a "headcount tax," which would require businesses that bring in more than $20 million in revenue a year to pay $275 for each full-time employee. Plus: We dive into some of the downsides workplace friendships with Nancy Rothbard, co-author of a new paper called "Friends Without Benefits." (05/16/2018)

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What's the downside of making friends at work?

by David Brancaccio

May 16, 2018

A new study suggests those relationships might be getting in the way of productivity.

Though work friendships can provide emotional support, they can also be a distraction, says Nancy Rothbard of the Wharton School. Above, stock brokers laugh at Frankfurt's stock exchange.

THOMAS LOHNES/AFP/Getty Images

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Seattle’s tax on big business draws attention of more cities

by Jed Kim

May 16, 2018

This week, the Seattle City Council unanimously voted in what’s commonly known as a “headcount tax.” Businesses that bring in more than $20 million in annual revenue will have to pay a $275 tax for each of their full-time employees. It’s a lower fee than what many were hoping for, but there are still plenty […]

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(U.S. Edition) Kellogg is the latest U.S. company to pull out of Venezuela amid soaring inflation and dwindling access to raw materials. We’ll take a look at how the country’s president, Nicholas Maduro, is reacting to the news. Afterwards, we’ll discuss Seattle’s decision to approve a “headcount tax,” which would require businesses that bring in more than $20 million in revenue a year to pay $275 for each full-time employee. Plus: We dive into some of the downsides workplace friendships with Nancy Rothbard, co-author of a new paper called “Friends Without Benefits.” (05/16/2018)