In today's society, there are many alternative ways to work from telecommuting to co-working spaces, but what's in store for the future of this trend? Preston Pesek, Co-Founder & CEO of Spacious, and Jason Feifer, Editor-in-Chief at Entrepreneur, join This Changes Things to discuss how companies are encouraging their employees to work outside the office.
Spacious is an app that allows people to check into restaurants that don't open until 5 pm, and use the space as a working environment. Pesek says that mainly freelancers use the space. People can pay a membership fee of $95 a month and bill their company. He says this eliminates all the reimbursements that companies receive for meals or coffee from employees. It may even be financially smarter for the company.
Feifer says 65% of large companies are expected to use some form of co-working space by 2020. Pesek piggybacks off that, and discusses the social aspect of a co-working space. He believes networking is the main reason people want to join apps such as Spacious.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
DJ X, alongside Molly Holder, Senior Director of Product Personalization, takes us inside Spotify's A.I. DJ and how it's the best new way to listen to music.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!
