Hi! If you've heard anything about the Denver Airport, it's probably a wild conspiracy theory about it housing aliens or secret societies. But we got a behind-the-scenes tour that debunked some of the far-out theories.
Amazon is trying to crack down on " coffee badging ," or swiping into the office just to satisfy an in-office mandate without doing actual work there. Currently, most of Amazon's corporate staffers must be in the office at least three times a week.
Amazon and its employees have been in an ongoing battle over its return-to-office mandate, which was first announced early last year. There were internal petitions , blocked promotions , and forced relocations as both sides have dug their heels in.
From Amazon's perspective, the business operates better when people are in the office. A spokesperson told Eugene returning to the office meant "more energy, connection, and collaboration."
For Amazon employees, the RTO mandates have been shrouded in mystery and confusion. And for some, the number of days they're in the office doesn't feel like a metric worth being judged on.
Either way, don't expect the fight to stop anytime soon. At least one Amazon employee thinks they've figured out a workaround by swiping into their local Whole Foods, which is an Amazon subsidiary.
Amazon's RTO battle isn't the only one in Corporate America.
Workers voiced their anger in Dell's annual employee engagement survey. A key measure of the likelihood employees would recommend Dell as a great place to work dropped by double digits from last year , writes BI's Polly Thompson.
Take a look inside JD Vance's investment portfolio. Former President Donald Trump's running mate is pro-bitcoin and has stakes in more than 120 private companies. Walmart, gold, and Treasury bonds are some of his largest publicly traded investments .
A high-profile Utah VC has been accused of routinely making female employees feel uncomfortable. Half a dozen women told BI they faced unwanted touching from Greg Warnock , a titan of the mountain state's tech scene, while working at the VC firm he cofounded. In June, Warnock told employees he was stepping back from day-to-day management of the company.
Netflix and Amazon enter a new stage of the streaming wars. The streamers are vying for brand partnerships with advertisers, which include everything from product placements to joint marketing campaigns. Though brands are eager to be featured in streaming content, not all of them are happy about the way Netflix and Amazon have courted them.
Musk dumps California and moves two more businesses to Texas. Elon Musk announced he's officially moving SpaceX and X's headquarters to Texas , citing laws in California "attacking both families and companies." He moved Tesla to the Lone Star State in 2021.
3 things in business
Who gets the company in the divorce? Stephen Pasterino and Rachel Katzman's personal breakup sparked a legal battle . But despite a saga involving a billionaire father-in-law, a 911 call, and a defamation lawsuit, the company that now calls Jennifer Aniston an advisor and owner is soaring to new heights.
Your friendly, neighborhood landlord is about to get a lot meaner. Mom-and-pop landlords are often held up as a contrast to the big private-equity firms that gobble up real estate. But these small, individual owners are increasingly copying the big corporations' strategies to raise rents and profits, a foreboding sign for renters .
Pig roast prizes for the best AI rollouts. The private-equity firm THL uses friendly competitions and prizes to incentivize portfolio companies to implement generative AI. And the tech has helped its companies' engineers increase productivity by up to 30%.
The mayor of Paris swims in the Seine, where Olympic swimmers are still expected to compete. Paris invested more than $1 billion to clean up the river, but rainfall keeps polluting it .
United Airlines, Johnson & Johnson, and other companies are reporting.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Annie Smith, associate producer, in London. Amanda Yen, fellow, in New York.
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