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Ex-CEOs: Prioritize climate change, nature loss amid sprawling sustainability agenda

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Bitcoin and broader crypto market sink as Israel launches airstrikes against Iran

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Bitcoin and the rest of the crypto market tumbled on Friday morning after Israel launched a series of airstrikes against Iran, marking a major escalation in the ongoing conflict in the Middle East. 

Bitcoin is down 2% in the last 24 hours, according to Binance, falling from $107,000 to a low of $103,000 before rebounding slightly. The total market cap of the crypto market is down 3%, with Ethereum and Solana down 7% and Dogecoin down 6%. 

The threat of war between Israel and Iran has triggered investors to flee cryptocurrencies because they are volatile and considered risky assets in times of uncertainty. The conflict between the two countries has also raised concerns that Iran may retaliate by closing the Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea and facilitates the shipment of 20% of global oil shipments, according to the U.S. Energy Information Administration. 

Nic Puckrin, founder of crypto education platform Coin Bureau, said that if that happens, the price of oil will surge and investors will flee risky assets, like crypto, to protect the value of their assets. “Oil will see a massive spike, and risk assets will fall off a cliff,” he says. 

Israel’s strike on Iran targeted the country’s nuclear sites, missile facilities, and aerial defenses, and killed top Iranian officials and nuclear scientists. Israeli Prime Minister Benjamin Netanyahu said the strikes are an attempt to eliminate Iran’s nuclear capabilities, and what he called an existential threat to Israel in a video statement on Friday. 

“This operation will continue for as many days as it takes to remove this threat,” he said.

Israel’s strikes came after the International Atomic Energy Agency, an organization within the United Nations that focuses on nuclear technology, said on Thursday that Iran was not complying with its nuclear nonproliferation obligations, according to the New York Times. 

President Donald Trump came out in support of the strikes on Friday, saying in a post on Truth Social that the attacks will get “even more brutal” if Iran does not agree to a deal regarding its nuclear weapons program. “Iran must make a deal, before there is nothing left,” the president wrote. 

Iran’s Supreme Leader Ayatollah Ali Khamenei has promised to retaliate against Israel, writing in a post on X that the nation “should anticipate a harsh punishment.” 

This story was originally featured on Fortune.com



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Deloitte is now offering employees a unique wellness benefit: subsidized Legos

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Workplace wellness—the trend of companies trying to offset job stress with benefits like time off for volunteering, discounted gym memberships, and free therapy—is a buzzy concept that some employers are taking to heart more than others. 

Deloitte is apparently leaning in hard, according to Business Insider, which found that it has updated its list of subsidized items—already including fitness classes and gaming consoles—to include, among other perks, Legos.

The $1,000 subsidy toward “Legos and puzzles” is meant to “empower and support your journey toward thriving mentally, physically, and financially and living your purpose,” say policy documents, according to BI.

Also included in the list of approved items for subsidy, as of June 1, are kitchen appliances like blenders and refrigerators, spa services, personal portable cooling fans, and ergonomic or cooling pillows.

“Most of the responses are things like ‘Lego?!?!? Finally!’ or jokes about how they can now rationalize buying the coveted Millennium Falcon Star Wars Lego set,” one employee told BI, referring to Lego’s most expensive set yet, costing $850 with over 7,500 pieces.

Perhaps Deloitte, one of the world’s Big Four consulting firms along with along with EY, PwC, and KPMG, wants to avoid any misunderstanding among its employees about its desire to support wellness: According to its own 2024 Workplace Well-being report findings, 82% of company executives globally believe their company is advancing human sustainability in general—but only 56% of workers agree.

Further, around 90% of executives believe working for their company has a positive effect on worker well-being, skills development, career advancement, inclusion and belonging, and their sense of purpose and meaning—but only 60% of workers agree.

Deloitte appears determined to go the extra mile—with Legos— to make sure its leaders and workers are in sync. As one X commenter noted: “Building wellness one brick at a time. Honestly, not a bad way to de-stress.”

More on workplace wellness:

This story was originally featured on Fortune.com



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Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

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