Ghosting on the job hunt, why companies are slashing earnings forecasts, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments. 

About 28% of workers have backed out of a job after accepting an offer, according to a recent survey. And rather than feeling like celebrating multiple job offers, many dread having to turn companies down and simply don't show up to work. Instead of torpedoing their reputation, The Wall Street Journal suggests people be strategic when accepting job offers. Once a person accepts, they should do everything possible not to back out of that agreement. ? Here’s what people are saying.

Companies are slashing their earnings forecasts for the second quarter as businesses grapple with a stronger dollar, lower oil prices, higher input costs and rising uncertainty over trade and global growth, according to Bloomberg. While estimates are normally revised lower ahead of the earnings season so companies can beat expectations, the speed of recent downgrades has been notable: analysts have cut forecasts at the fastest pace in nearly three years, and over 80% of the S&P 500 companies changing their earnings forecasts have made them lower. ? Here’s what people are saying.

Boeing has announced it is setting aside $100 million to assist victims' families following two fatal 737 MAX crashes. The funds will be made available over the next several years with the help of local governments and nonprofit groups, according to CNBC, and are separate from compensation Boeing may owe in lawsuit damages related to the accidents. The offer was not well received by victims' relatives, who are currently more interested in recovering their loved ones' remains, according to attorney Bob Clifford. ? Here’s what people are saying.

Users around the world reported issues uploading photos to Facebook, Instagram and Whatsapp on Wednesday after the social media platforms were hit by a glitch. Facebook — the owner of all three brands — said the issues were triggered accidentally during routine maintenance. Billions of people use the social network, image-sharing platform and message-sharing app. Facebook and Instagram suffered their longest period of disruption ever in March, and were hit by further issues in April. ? Here’s what people are saying.

While most of us are aware of stress and its impact on our own health, we may be less aware of the negative impact our stress has on our colleagues. Like a yawn, stress can be contagious. To stop your stress from impacting people around you, the Harvard Business Review advises zoning in on the root cause of stressors, keeping a stress journal for one month, creating "recovery periods" and trying to adjust your reaction to stress. ? Here’s what people are saying.

Idea of the Day: Running a business is a lot like high-intensity interval training, with one-to-five minute bursts of exertion, followed by comparable periods of rest, writes Hootsuite CEO Ryan Holmes.

“There were stretches where my life simply had to be put on hold, with the business consuming every ounce of my energy. [...] But — and here’s the key lesson from HIIT — those bursts of activity absolutely need to be offset by periods of rest and recovery.”

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