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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026
Environmentclimate change
Europe

Workers told to ditch their neckties to save energy

By
Rodrigo Orihuela
Rodrigo Orihuela
and
Bloomberg
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Rodrigo Orihuela
Rodrigo Orihuela
and
Bloomberg
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August 1, 2022, 5:01 AM ET
Pedro Sanchez speaks on stage
Pedro Sanchez asked firms to let staff work without neckwearEduardo Parra—Europa Press/Getty Images
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Spanish Premier Pedro Sanchez has ditched his tie and wants ministers and office workers to follow his example so they can help save energy by keeping cooler.

“I’m not wearing a tie and I have asked my ministers not to,” Sanchez said during a speech in which he wore a blue suit and a white shirt. He asked firms to let staff work without neckwear so they can also contribute to “saving electricity.”

🔴DIRECTO | Pedro Sánchez: "No llevo corbata. Podemos todos ahorrar desde el punto de vista energético y he pedido a los Ministros y funcionarios públicos que cuando no sea necesario, no la usen" https://t.co/2hSBc2ToCY pic.twitter.com/jLPOQKiSgQ

— elDiario.es (@eldiarioes) July 29, 2022

On Aug. 1, Sanchez’s government will approve an energy efficiency and savings program, joining other European countries putting in place similar measures.

He didn’t spell out how ditching ties could help save power but the Environmental Transition Ministry, which oversees energy policy, is already operating air conditioners at a warmer-than-usual 27 degree Celsius (80.6 Fahrenheit) as part of steps to keep electricity use down.

Although power prices in Spain have surged in recent months due to the war in Ukraine, in recent weeks prices for electricity have been significantly lower for the Mediterranean nation and Portugal after limits to the price of gas used for power generation were put in place.

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