Management

FT branch of NUJ say there is not ‘compelling case’ for mandate for editorial staff to be in office four days a weekJournalists at the Financial Times are at loggerheads with the publication’s management over plans to order staff back to the office four days a week by the end of the year.Members of the Financial Times’ union have unanimously voted to invoke the company’s dispute procedure over the proposals, arguing that management have “not made a compelling case” for the need to move from the current three office days. Continue reading...

• American Express acquired Hyper, an AI startup specializing in automating expense categorization, compliance, and reporting. • Hyper's agent-based technology supports multistep workflows with minimal human input, targeting corporate finance teams. • The deal bolsters AmEx's commercial services amid surging demand for AI in financial operations.

• Whalen Wealth Management acquired a new stake of 5,261 shares in Chevron (NYSE:CVX), valued at approximately $802,000, during Q4. • Institutional investors now hold 72.42% of Chevron; Bank of America raised its price target to $206 with a 'buy' rating, while Citigroup lifted to $235. • Chevron reported Q4 EPS of $1.52, beating estimates by $0.08; the stock's 50-day moving average stands at $189.15 and 200-day at $166.77.

• President issued an executive order on March 24, 2026, further continuing the FEMA Review Council established by Executive Order 14180. • The council's term is extended until 10 days after its required report submission or May 29, 2026, whichever comes first. • Extension ensures ongoing assessment of FEMA operations amid disaster preparedness concerns.

• Edmonton-born startup Smart Access raised $12 million in Series A funding from Bay Area investors Lobby Capital, Aspenwood Ventures, and Coelius Capital to expand its digital workforce management platform. • The company, co-founded by Tim Regnier and John White, helps large distribution operations optimize training, safety programs, and adherence to standard operating procedures across their workforce. • Smart Access, which relocated its operating base to San Francisco while maintaining Edmonton roots since its 2015 founding, plans to scale deployments across North America using the new capital.

• DUG Technology Ltd announced settlement of legal proceedings in the United States District Court for the Southern District of Texas involving its subsidiary DownUnder GeoSolutions (America) LLC, reducing the court judgment from approximately $2.1 million to $1.5 million. • The dispute centered on a contested supplier invoice under an energy management services agreement, with both parties agreeing to a settlement and release agreement that resolves all claims including DUG US's counterclaim. • The settlement stipulates that neither party will pursue further legal action and includes a confidentiality provision regarding remaining details, with the supplier required to file a release of judgment upon payment.

Microsoft launched Copilot Cowork on March 13, 2026, an enterprise AI agent that reads, analyzes, and manipulates files on workers' computers to boost productivity. The product enters the competitive AI coworker category following Anthropic's similar release, which sparked fears of disruption to traditional software firms and a selloff in software stocks. Technology leaders from Oracle and others are pushing back against concerns that generative AI will replace established software companies. This move signals accelerating competition in autonomous AI agents amid enterprise adoption.