In any workplace, employees need to feel that they'll be heard and will be given honest feedback, while bosses need to trust that employees will be loyal and open with them, writes Dan McCarthy. He offers 22 signs of a trustworthy relationship.
Gogoro, which makes battery-powered scooters, is shipping an initial 400-unit production run to customers in Taiwan. The company has also set up kiosks that allow scooter users to swap dead batteries for charged ones. The scooters have a 60-mile range and a top speed of 60 mph.
Two high-school students in Michigan are planning a 1,000-mile bike ride to raise $6,000 for a freshwater well for a community in Cambodia. Max Newsome and Alex Hufford plan to cover four of the five Great Lakes during the ride, which starts Aug. 2.
Deutsche Boerse is the latest exchange to challenge the dominance of banks in foreign exchange trading by purchasing 360T. Six months ago, BATS Global Markets bought Hotspot FX for $365 million. The moves indicate banks' role in the FX market could be changing as exchanges seek drivers of growth.
Ice cream parlors are experimenting with flavors ranging from blueberry basil bourbon to foie gras. Unusual flavors cater to consumers with adventurous palates and generate buzz for ice cream shops, said Scott Moloney, owner of Treat Dreams in Ferndale, Mich. "When people come in they will take a picture of it, they'll post it on Instagram," he said.
Health care costs have increased at a slower pace than core consumer prices over the past five years, according to a Goldman Sachs research note. This is the first time that's happened since 1959, and economist Alec Phillips said the trend can be partly attributed to government reductions in Medicare and Medicaid payments and slower wage growth in the health care sector.
Many of the YouTube creators who gathered at VidCon last week are looking to diversify beyond the platform, which takes a 45% cut of ad revenue generated from the content produced. Facebook, Vessel and startups such as FameBit are offering alternatives, while YouTube executive Robert Kyncl says he welcomes the competition. "If YouTube disappeared tomorrow, I want to know that I can go play shows, do podcasts and live without being dependent on one site or one app," says 29-year-old Meghan Tonjes, who has more than 200,000 YouTube followers.
Best Buy will start selling the Apple Watch and Apple Watch Sport at more than 100 U.S. stores, in an effort to expand the gadget's availability in advance of the upcoming holiday season, Apple announced. Apple Watches are currently available at Apple stores, and the addition of the Best Buy stores will give shoppers more than 300 stores to choose from to purchase Apple Watches.
A new Government Accountability Office report says U.S. military installations around the globe are vulnerable to crippling cyber attacks, citing utility control systems that "have very little in the way of security controls and cybersecurity measures in place."
Teva Pharmaceutical Industries will acquire Allergan's generic business unit for about $40.5 billion. The acquisition will strengthen Teva's presence in the generic-drugs market and help with cost reductions. Teva will drop its bid for Mylan, CEO Erez Vigodman said.
AT&T has tapped Chief Strategy Officer John Stankey to run the unit that will incorporate DIRECTV after the $49 billion acquisition closed Friday after more than a year of regulatory reviews, the telecom said. The deal will make AT&T the nation's largest multichannel-TV provider, with 26 million subscribers. Stankey's AT&T Entertainment & Internet Services will oversee the video and broadband businesses.
Sen. Jim Inhofe, R-Okla., chairman of the Senate Environment and Public Works Committee, used the Republicans' weekly address to the nation to promote the DRIVE Act, a six-year transportation package. He said the 33 short-term bills passed by Congress in recent years have forced states to focus on maintenance and not long-term projects. The DRIVE Act "provides the needed long-term funding certainty so that the major construction projects can get off the ground -- projects that aren't possible with short-term extensions," he said.
Major American businesses including General Motors, Apple, Goldman Sachs and Microsoft are pledging at least $140 billion in investments to reduce their carbon emissions. The pledge is part of a White House initiative to secure voluntary private-sector commitments to tackle climate change. "It's significant because they are carbon-intensive, energy-consuming companies making a bottom-up commitment to address climate change," said Kevin Book, managing director at ClearView Energy Partners.
Software upgrades have given Marine pilots in Yuma, Ariz., the ability to fly simulators with identical capabilities to the F-35B. "Some of the best training you can get in a simulator is when it comes to replicating what aircraft will actually fight against in some areas of the world we might go to," said Maj. Christopher Trent.
The Tank at the Golden Nugget Las Vegas, Infinity Pool at Singapore's Marina Bay Sands and The Red Pool at Thailand's The Library, Koh Samui, top this list of unusual hotel swimming pools.