More than 120 companies including Intel, Nvidia and Texas Instruments recently signed a letter urging Congress to accelerate negotiations to get a bill passed that would massively scale chipmaking in the US. The group of A-list companies, which also includes Amazon AMZN and Microsoft MSFT, design, manufacture or provide critical infrastructure to the semiconductor industry….
At least 25 major US companies, including Amazon.com Inc., AT&T, Walmart, General Motors, Verizon and Charter Communications, have come out in vocal support for the LGBTQ community for Pride Month – while also donating more than $ 13 million since the start. of 2021 to politicians who support anti-LGBTQ legislation. That’s according to the Popular…
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After years of shareholder pressure that ratcheted up after the racial reckoning in summer 2020, some of the world’s most influential companies have agreed to independent racial-equity or civil-rights audits to consider how their policies, products and practices affect the civil rights of and equality among employees, customers and society. The biggest names expected to…
Read More “Amazon, Microsoft, Citi to examine their impact on civil rights, racial equity” »
If the Federal Reserve had taken the threat of inflation more seriously a year ago, we wouldn’t have the societal shift in inflation expectations, which is compounding the vicious cycle that endless liquidity, higher energy prices and supply-chain crises started. Heck, the Fed might have had a fighting chance of getting in front of this…
Theranos CEO Elizabeth Holmes was a persuasive promoter. She convinced many presumably intelligent people that Theranos had developed a technology which could take a few blood drops from a finger prick to test for myriad diseases. The Theranos hoopla turned out to be just another point on the Silicon Valley “Fake-it-Till-You-Make-it” spectrum of BS. This…
