Tag Archive: Business & Economy – Expert

Jack Dorsey steps down as Twitter’s CEO

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©BBC via REUTERS Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. board /bawrd/ [noun] – the group of people who are responsible for controlling and organizing a company or organization We will have a meeting with the board of directors next week. accusation /ak-yoo-ZEY-shuhn / [noun] – a statement saying that someone has done something morally wrong, illegal, or unkind, or the fact of accusing someone He immediately denied the accusation. bias /BAHY-uhs / [noun] – the action of supporting or opposing a particular person or thing in an unfair way, because of allowing personal opinions to influence your judgment I believe all employers…
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A UK digital bank moves to a 4-day workweek without cutting pay

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. call /kawl/ [noun] – a demand for something to happen The government needs to address the calls for better education. mortgage /MAWR-gij/ [noun] – an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself The couple is having a hard time getting a mortgage. inclination /in-kluh-NEY-shuhn / [noun] – a feeling that you want to do a particular thing, or the fact that you prefer or are more likely to do a particular thing Lana has shown an inclination…
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Toshiba confirms breakup plan

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© GETTY IMAGES via BBC News Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. conglomerate /kuhn-GLOM-er-it/ [noun] – a company that owns several smaller businesses whose products or services are usually very different An American conglomerate plans to purchase the site for a billion dollars. retain /ri-TEYN/ [verb] – to keep or continue to have something She lost the right to retain possession of his belongings. fallout /FAWL-out/ [noun] – the unpleasant results or effects of an action or event He lost his job as a result of the financial scandal’s fallout. overstate /oh-ver-STEYT/ [verb] – (accounting, business) to report that the amount in…
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World food prices hit a new 10-year high, UN says

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. commodity /kuh-MOD-i-tee/ [noun] – a substance or product that can be traded, bought, or sold The country’s most valuable commodities include wheat and coffee. index /IN-dex/ [noun] – a system of numbers used for comparing values of things that change according to each other or a fixed standard The housing index in the US increased by 123 points in July from 120 points in May. disruption /dis-RUHP-shuhn / [noun] – the action of preventing something, especially a system, process, or event, from continuing as usual or as expected Several strikes are causing severe disruption to all…
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Facebook reveals its new name: Meta

Facebook reveals its new name Meta

©Facebook Connect 2021 Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. rebranding /ree-BRAN-duhng/ [noun] – the act of changing the way that an organization, business company, or product appears to the public Rebranding is one of the best marketing strategies for most companies. moniker /MON-i-ker/ [noun] – a name or nickname She’s the author of three romantic novels under the moniker of Janet Neel. derive /dih-RAHYV/ [verb] – to get something from something else Their daughter’s name was derived from a famous movie character. e-commerce /EE-kom-ers/ [noun] – the business of buying and selling goods and services on the internet E-commerce boomed during the…
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Winter heating bills set to soar in the US as energy prices jump

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. surge /surj/ [verb] – to increase suddenly and strongly The taxi fare surged from $12 at 4:00 p.m. to $20 after 5 p.m. because of the rush hour. labor /LEY-ber/ [noun] – work, especially hard physical work The new town hall will require many hours of labor. soar /sawr/ [verb] – to rise very quickly to a high level The TV show’s ratings soared from 4% in the first episode to 20% in the last. interest /IN-ter-ist/ [noun] – money that is charged by a bank or other financial organization for borrowing money Lower interest rates…
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LinkedIn is terminating its site in China

LinkedIn is terminating its site in China

Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. censorship /SEN-ser-ship/ [noun] – the suppression or prohibition of any parts of books, films, news, etc. that are considered obscene, politically unacceptable, or a threat to security Newspapers were silenced by the country’s strict censorship laws. notable /NOH-tuh-buhl/ [adjective] – important and deserving attention Mary graduated from a notable university in the United States. surpass /ser-PAS/ [verb] – to do or be better than Coldplay’s new album surpassed 100,000 UK chart sales in just a week. retreat /ri-TREET/ [noun] – the act of going away from a person or place because you are unwilling to fight…
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UK port delays cause a shortage of Harry Potter toys

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. retailer /REE-teyl-er/ [noun] – a person, shop, or business that sells goods to the public Many online retailers resell products at higher prices. ongoing /ON-goh-ing/ [adjective] – continuing to exist or develop, or happening at the present moment There is an ongoing investigation for the incident that happened last week. replica /REP-li-kuh/ [noun] – an exact copy of an object The food replicas displayed at the entrance of Japanese restaurants are fascinating. margin /MAHR-jin/ [noun] – the profit made on a product or service The organization reported a net profit margin of 20% last year. urge…
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Fortnite banned from App Store as legal battle continues

Fortnite banned from App Store as legal battle continues

©Getty Images Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. blacklist /BLAK-list/ [verb] – to put someone’s name on a list of people who are considered not acceptable, which keeps the person from getting jobs, going certain places, or doing particular things The government blacklisted the firm for its illegal operations. take to (somewhere) /teyk-too/ [phrasal verb] – to go somewhere, usually because you are in a difficult or dangerous situation Shiela took to Facebook to show her grief over her mom’s passing. bypass /BAHY-pas/ [verb] – to ignore a rule or official authority Several employees bypassed the company policy, which resulted in their…
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Nike and Costco cite supply problems as the holidays approach

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Vocabulary: I will read the words, meanings, and sample sentences. Then, repeat after me. impose /imPOHZ/ [verb] – to officially force a rule, tax, punishment, etc. to be obeyed or received The government imposed a nationwide ban on smoking in all public places. disruption /dis-RUHP-shuhn/ [noun] – the action of preventing something, especially a system, process, or event, from continuing as usual or as expected The tourists are facing bad weather disruptions. widespread /WAHYD-SPRED/ [adjective] – existing or happening in many places and/or among many people Europe is dealing with widespread unemployment. surge /surj/ [noun] – a sudden and great increase There has been a surge in global housing prices…
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