Tech kept talent happy doling out stock during the boom. It’s screwing investors in the bust.

Zoom founder Eric Yuan after the opening bell ceremony for Zoom’s IPO in 2019. Kena Betancur/Getty Images Stock-based compensation has been a popular way to attract and keep talent in the tech industry. As tech stock prices plunge, firms are granting new stocks to staff to keep compensation high. A growing number of investors worry…

The era of liquidity-induced gains is over, and the S&P 500 will just eke out a modest gain next year as the market struggles against Fed messaging, BMO says

A big screen display of stock prices hangs behind traders working at the New York Stock Exchange NYSE on May 9, 2022. Michael Nagle/Xinhua via Getty Images BMO Capital Markets sees a modest gain for the S&P 500 in 2023 but investors will likely travel a rough road to get there.  The market’s groundwork is…

New research may have just paved the way for a 4-day work week

Getty Images A new global study found a four-day work week was a “resounding success” in a pilot program. It found revenue increased over 8% over the six-month trial period for 33 participating companies. On the employee side, respondents reported less burnout, less fatigue, and an increase in physical health. If you’re trying to convince…

New York City seeks a ‘bloodthirsty’ rat czar: Ad for director of rodent mitigation job to fight serious, gnawing problem is … actually pretty funny

A rat sniffs a box with food in it on the platform at the Herald Square subway station in New York City/ Gary Hershorn/Getty Images New York City is hiring a “director of rodent mitigation” for a salary of between $120,000 and $170,000.  The individual selected for the role will be tasked with “keeping the city’s…

Ben Affleck says it’s an ‘impossible job’ to make great movies with Netflix’s ‘assembly-line process’

Affleck in “Triple Frontier.” Netflix Affleck said it’s impossible to make a large number of great movies with Netflix’s “assembly-line process.” “I would have said, ‘How are we going to make 50 great movies? How is that possible?’” Affleck said. Netflix releases hundreds of shows and movies each year, and spends billion on content. Ben…

Elon Musk’s brain-chip startup shares video it says shows a monkey telepathically ‘typing’

A monkey demoing Neuralink’s brain chip at the company’s show-and-tell event on November 30, 2022. YouTube Elon Musk shared a video he said showed a monkey with a brain chip selecting letters with its mind. Musk clarified that the monkey was not spelling on its own. The demo video was shown at Neuralink’s show-and-tell event…

Some illegal cannabis shops operating in NYC are selling weed contaminated with salmonella and pesticides, survey says

President Joe Biden said he is issuing pardons for thousands of people with federal convictions for marijuana possession. David McNew/Getty Images A November survey tested 40 cannabis products from 20 unlicensed weed retailers in New York City. The study found harmful bacteria and pesticides in at least 16 of the products tested. Nearly 40% of…

The Game Awards 2022 is letting fans vote to help decide the winners in every category — here’s how to lock in your picks

When you buy through our links, Insider may earn an affiliate commission. Learn more. God of War Ragnarok is nominated for Game of the Year at the 2022 Game Awards. PlayStation The Game Awards 2022 will stream live on December 8 at 7:30 p.m. ET. Fans can vote until December 7 at 9 p.m. ET…

Russians are angry Putin is spending billions on an unpopular war as they freeze back home, report says

Russian President Vladimir Putin attends the SCTO Summit in Yerevan, Armenia, on November 23, 2022. Contributor/Getty Images Russians are accusing Putin of ignoring domestic problems while focusing on the war in Ukraine.  Some Russians are complaining about a lack of heating in their homes, The Daily Beast reported. Forbes Ukraine estimated last week that Russia…