• China’s chip charge is being led by a brilliant and mercurial Taiwanese engineer legendary in chip-industry circles and barely known outside them: Liang Mong Song Link
    WSJ Business News Tue 09 Aug 2022 00:41

    In 2015, South Korea’s Samsung Electronics jolted the technology world with news that its chips were on par with the world’s most advanced.

    This summer, the Chinese company Semiconductor Manufacturing International is drawing buzz in the same circles after word emerged that it, too, has made a big jump.

  • Nvidia said its fiscal second-quarter sales would fall well short of expectations amid a steep drop in gaming revenue Link
    WSJ Business News Mon 08 Aug 2022 18:44
  • In nearly 75% of college programs tallied in new federal data, men earned more than women soon after graduating—with the same degree. It’s evidence the gender pay gap is there from the start. Link
    WSJ Business News Mon 08 Aug 2022 18:09

    Broad new data on wages earned by college graduates who received federal student aid showed a pay gap emerging between men and women soon after they joined the workforce, even among those receiving the same degree from the same school.

    The data, which cover about 1.7 million graduates, showed that median pay for men exceeded that for women three years after graduation in nearly 75% of roughly 11,300 undergraduate and graduate degree programs at some 2,000 universities. In almost half of the programs, male graduates’ median earnings topped women’s by 10% or more, a Wall Street Journal analysis of data from 2015 and 2016 graduates showed.

  • RT @marcelolprince: “Their security is awful.” A 21-year-old American hacker says he used an unprotected @TMobile router to access millions…
    WSJ Business News Thu 26 Aug 2021 14:07
  • ABC News staffer sues Michael Corn, former top producer at the network, alleging sexual assault Link
    WSJ Business News Wed 25 Aug 2021 14:51

    An ABC News staffer filed a lawsuit Wednesday against Michael Corn, the former top producer of “Good Morning America,” alleging he sexually assaulted her and fostered a toxic work environment.

    Kirstyn Crawford, a producer on the morning show, alleged that Mr. Corn assaulted her in 2015 during a business trip to Los Angeles, according to the suit, which was filed in New York state court.

    The suit also alleges that former ABC News producer Jill McClain was sexually assaulted by Mr. Corn when the two worked at ABC’s “World News Tonight” roughly a decade ago. Ms. McClain isn’t a plaintiff in the suit, but is supporting Ms. Crawford’s case, according to the complaint.

    The suit also names ABC, a unit of Walt Disney Co. , as a defendant, alleging the company received complaints about Mr. Corn’s conduct from several women, going back roughly a decade, but failed to take disciplinary action.

    In a statement, Mr. Corn wrote that he vehemently denies any...

  • Long after most industries started adding back staff, workforces at nursing homes are still shrinking. “I’ve never seen it this bad.” Link
    WSJ Business News Wed 25 Aug 2021 14:16

    Nursing homes have a long-term care problem: 18 months after the Covid-19 crisis began, their staffs are still shrinking.

    While employment in nearly every occupation has been recovering from the shock of the pandemic, the number of people working in nursing homes and other long-term-care facilities has continued to drop, according to federal data.

    Nursing homes and residential-care facilities employed three million people in July, down 380,000 workers from February 2020, according to the Bureau of Labor Statistics. Industry employment has fallen every month except one since the World Health Organization declared Covid-19 a global pandemic in March 2020. By contrast, job losses in the leisure and hospitality industry, another hard-hit sector, began reversing in May last year, and the industry has recovered almost 80% of the jobs that were lost in the first months of the pandemic.

    “I’ve been in the industry for 40 years and I’ve never seen it this bad,”...

  • RT @ChipCutter: The latest wave of return-to-office delays means some employees may be working remotely for close to two years. Some bosses…
    WSJ Business News Tue 24 Aug 2021 13:54
  • RT @CharityLScott: “Yelp can be a train wreck.” The reviews site is letting businesses list their vaccine policies -- and dealing with “rev…
    WSJ Business News Tue 24 Aug 2021 13:54
  • RT @marcelolprince: “If it doesn’t work, I’ll be bankrupt.” An Ohio rubber parts factory took a gamble and raised wages to try to attract w…
    WSJ Business News Fri 06 Aug 2021 13:23
  • RT @khadeeja_safdar: The Oath Keepers is splintering after board members accused the founder of splurging on steak dinners and hair dye job…
    WSJ Business News Wed 16 Jun 2021 17:16
  • RT @CharityLScott: Two decades after Amazon launched its third-party marketplace, traditional retailers are adapting the model and trying t…
    WSJ Business News Wed 16 Jun 2021 14:01
  • RT @marcelolprince: S&P 500 boards added 456 independent members over last year. A third of them were Black directors. https://t.co/SNcipA6…
    WSJ Business News Wed 16 Jun 2021 13:26
  • RT @marcelolprince: Was Elon Musk the highest -- or lowest -- paid CEO of 2020? Here's the annual @WSJ pay rankings for 400 CEOs: https://t…
    WSJ Business News Tue 01 Jun 2021 14:51
  • RT @DanaMattioli: Few companies dominate as many sectors as Amazon— from ecommerce to cloud computing to voice-enabled speakers. The compan…
    WSJ Business News Wed 14 Apr 2021 17:50
  • RT @EmilyGlazer: NEW: Dozens of CEOs joined a weekend Zoom to plot next steps on voter access; some signal they’ll sign on to new statement…
    WSJ Business News Mon 12 Apr 2021 13:23
  • RT @theofrancis: Covid-19 didn’t upend CEO pay. Median pay for CEOs of more than 300 of the biggest U.S. public companies reached $13.7 mil…
    WSJ Business News Mon 12 Apr 2021 13:18
  • RT @jensmithWSJ: U.S. Postal Service’s proposal calls for higher prices for first-class mail but no widespread Post Office closures https:…
    WSJ Business News Tue 23 Mar 2021 16:08
  • RT @marcelolprince: The Bellagio in Vegas is famous for its dancing water fountain, a restaurant lined with Picasso paintings and its high-…
    WSJ Business News Thu 18 Mar 2021 20:19
  • RT @stuwoo: Nokia is restructuring for the second time in less than a decade. It will cut up to 10,000 out of 90,000 jobs and focus on R&D…
    WSJ Business News Tue 16 Mar 2021 13:31
  • RT @marcelolprince: Gyms are reopening in all 50 states, but the pandemic's toll has been intense: The U.S. fitness industry lost 1.4M of i…
    WSJ Business News Tue 16 Mar 2021 13:31
  • RT @marcelolprince: “Consumers found some of the experiences forced by Covid to be convenient." See which new habits CEOs and shoppers expe…
    WSJ Business News Fri 12 Mar 2021 22:53
  • RT @marcelolprince: Stimulus checks. Child care credits. Healthcare subsidies. Explore what's in the latest Covid-19 stimulus package in th…
    WSJ Business News Tue 09 Mar 2021 14:19
  • RT @DrewFitzGerald: After April 26, T-Mobile will start sharing anonymized user data to help partners target ads—unless the customer opts o…
    WSJ Business News Tue 09 Mar 2021 14:09
  • RT @theofrancis: Zooom! Mr. Yuan transferred roughly 40% of his ownership in the company he runs, a stake valued at about $6 billion, after…
    WSJ Business News Mon 08 Mar 2021 22:23
  • RT @marcelolprince: With a month to go, there is more than $100 billion left in the PPP. The SBA is making changes to reach the hardest-hit…
    WSJ Business News Thu 04 Mar 2021 14:33
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