By Ross Kerber
Jan 22 (Reuters) - You could type a lot of text about the corporate-governance implications of U.S. President Donald Trump's many early actions since taking the oath of office on Monday. I've only got room in this week's newsletter to flag some of them, one of which was an order for federal workers to be in the office five days a week.
In the private sector many workers would prefer some kind of hybrid arrangement, and I found an interesting approach by one CEO who has gotten his employees to come in to a downtown Boston tower despite having no official requirement.
My column on the topic is linked below, along with links to other Trump-related stories on energy policy, the dismantling of diversity efforts, and what's up in Davos.
Please follow me on LinkedIn and/or Bluesky. Or get me via ross.kerber@thomsonreuters.com
One Boston CEO's FOMO RTO strategy
While leaders from the White House to Wall Street order workers back to their offices five days a week, one Boston CEO uses carrots rather than sticks to bring his employees in to work.
Trillium Asset Management CEO Matthew Patsky summarizes the strategy as "creating a fear of missing out" for employees who stay home with events, meetings and yes, food. He wants colleagues to interact and to "leave people feeling like, oh, I really want to be in.”
You can read more in my column this week by clicking here.
Company News: Trump's early days
The new president's suspension of offshore wind leases hit shares of European wind power companies that previously had benefited from former President Joe Biden's green investment policy.
Trump also laid out a sweeping plan to maximize oil and gas production, reversing Washington's energy policy, but it remains to be seen if the new measures will boost production that is already at record levels.
And, Trump instructed U.S. federal departments and agencies to dismantle all their diversity, equity and inclusion programs, and pressured federal contractors to follow suit.
On my radar
Here's a great headline: "Davos becomes world’s most exclusive watch party." It's on a piece by our Breakingviews columnist Peter Thal Larsen outlining how the elite conference's attendees will mainly monitor Trump's White House return.
The world's three richest men - with a combined net worth of nearly $900 billion - had primo seats for Trump's inauguration on Monday, reflecting both their power and access.
Last: Trump has made fresh tariff threats against the European Union and China. For context, among the priorities laid out on Jan. 16 by Suzanne Clark, president of the U.S. Chamber of Commerce, the top business lobbying group, was a caution against the broad use of tariffs.
(Reporting by Ross Kerber in Boston; Editing by David Gregorio)
((ross.kerber@thomsonreuters.com; (617) 412 0093;))
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