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By Matthew Boyle Bloomberg Companies that allow remote work have experienced revenue growth that’s four times faster than those that are more stringent about office attendance, a new survey shows, adding fuel to the debate over productivity and performance in today’s workplaces. The analysis of 554 public companies that employ a collective 26.7 million people
By Matthew Boyle Bloomberg News In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel and kids are returning to classrooms. The one thing that has remained stubbornly fraught: the world of work. Three and a half years after millions of
By Irina Anghel Bloomberg Three years after the pandemic closed down offices around the world, the remote-work revolution has morphed into a tug of war between frustrated bosses and fed-up staff. While workers don’t want to give up flexibility, leaders want teams back to boost collaboration and avoid a productivity slump. The impasse is the
By KENDRA PIERRE-LOUIS Bloomberg As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. “Isn’t it a paradox,” she wonders aloud, “that the love for this world that gets us out in it, sometimes leaves behind the things that can harm it? Flight by flight, we broaden our views. We gain
By Julie Johnsson Bloomberg Boeing Co. predicts airlines around the world will add 42,595 jets valued at about $8 trillion over the next two decades, even as concerns over climate change affect the way consumers travel. The U.S. plane-maker’s latest tally of industrywide deliveries over the next 20 years takes into account growing activism over
COURT: D.D.C. TRACK DOCKET: No. 1:23-cv-01649 The US Environmental Protection Agency shirked its duties to enforce the Noise Control Act, resulting in nationwide noise pollution, a new federal lawsuit alleged. Quiet Communities Inc., a nonprofit dedicated to reducing noise pollution, sued the agency Wednesday in the US District Court for the District of Columbia. The group alleges
By Alan Levin A crucial safety system that’s relied on to avoid potentially fatal collisions at major U.S. airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it hasn’t ever been installed. The technology — which tracks vehicles on or near runways to alert
A passenger jet is silhouetted against the moon on approach to Phoenix Sky Harbor International Airport. Airfares are predicted to soar around the world next year. (Charlie Riedel / The Associated Press, file)Danny Lee Bloomberg Airfares will increase around the world next year, by as much as 12% on Europe-Asia routes and 10% for North
An Airbus SE A380-800 Emirates commercial airliner prepares to land at Toronto Pearson International Airport in Canada. (Brent Lewin / Bloomberg) By William Ralston Bloomberg The amount of time between planes landing at Toronto Pearson International Airport might seem prosaic to the untrained eye, but there’s a lot more going on than a pilot negotiating
After the U.S. Department of Transportation asked the Texas DOT to halt a highway expansion, freeway fighters nationwide are calling on Secretary Pete Buttigieg for similar aid. By Laura Bliss Traffic backs up along the Massachusetts Turnpike in the Allston neighborhood of Boston in 2017, where foes of an aging viaduct are hoping for federal