Intel will release data on how much it pays women and employees of color
* Stories are summarized by an A.I.
* Companies mentioned: INTC, GOOG, T, GM, and NTDOY
Intel will release data on how much it pays women and employees of color
INTC (Intel Corporation) | CNN
Intel plans to release data on how much its employees are paid, broken down by gender, race and ethnicity, by the end of this year, the company confirmed to CNN Business on Thursday. The agency will not release companies' data, butsays it will share the data publicly, a move first reported by BloombergThe decision comes as workers in many industries have gotten louder in their calls for increased equity and transparency around the gaps in pay between men, women and people of various racial and ethnic backgrounds. The issue is especially pertinent in the technology industry, which has long been dominated and led by white men. "To see real change across the industry we need to start somewhere," the company said in a statement. "With the requirement to report pay data, the EEOC is emphasizing the need for change in the industry, and that is [a] great first step in the right direction."
Read More
Google appoints former Obama health official Karen DeSalvo to new chief health officer role
GOOG (Alphabet Inc.) | CNBC
Google confirmed on Thursday that it's hired Karen DeSalvo, a former health official in the Obama administration, as its first chief health officer. Google and parent company Alphabet are investing broadly in the health industry, from researching new drugs and devices to bolstering its cloud-computing business to serve more companies in the life sciences. Late last year, Google hired David Feinberg, who had served as CEO of Geisinger, to oversee its expansion in the $3 billion health care sector. Reporting to Feinberg, DeSalvo will advise Google on providers, doctors and nurses across the company's cloud unit and Alphabet's life sciences arm Verily, where she's been on the advisory board. DeSalvo, who sits on a number of medical boards, previously served as assistant health secretary and national coordinator for health information technology in President Obama's Health and Human Services department.
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AT&T, Elliott in talks after activist campaign launched - sources
T (AT&T Inc.) | Nasdaq
Elliott is pressing the telecommunications giant to cut costs, make management changes and scale back expansion aspirations in one of its most ambitious investor campaigns to date. The meetings have taken place since shortly after Elliott, one of the world's most powerful activist investors, six weeks ago sent a four-part proposal for changes to AT&T. For Elliott, which has $38 billion in assets under management, this marks one of its biggest corporate targets. AT&T last week announced plans to delay its earnings release, a move that has sparked speculation that the two sides wanted more time for talks to progress. AT&T has said that it was already exploring some of the issues Elliott has raised.
Read More
GM workers staying on strike as members vote on new contract
GM (General Motors Company) | Japan Times
The United Auto Workers will continue its strike against General Motors Co. until a tentative deal is ratified by its full membership, extending their walkout for at least another week. The strike began Sept. 16 and has cost GM an estimated $2 billion. Workers will get 3 percent wage increases in the second and fourth years of the contract, and 4 percent lump sums in the others. “It’s certainly a generous economic deal,” said Art Schwartz, a former GM labor negotiator who is now a consultant in Ann Arbor, Michigan. “The UAW kind of got everything the members wanted, except those three plants,” Schwartz said.
Read More
Nintendo Switch hits another sales milestone
NTDOY (Nintendo Company Ltd ADR) | Tech Crunch
Nintendo’s North American Switch unit sales have already surpassed the lifetime worldwide unit sales of the Wii U. This number brings NA-specific sales well past the 13.56 million units sold of the company’s previous-generation console, the Wii U. While the Switch lags far behind the PS4 and Xbox One in lifetime sales, it’s important to realize how old those other systems are — hardware refreshes aside. The Xbox One and PS4 were released in 2013 and the Switch was introduced in 2017. As of June 30, 2019, Nintendo has sold nearly 38 million Switch consoles worldwide.
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* Companies mentioned: INTC, GOOG, T, GM, and NTDOY
Intel will release data on how much it pays women and employees of color
INTC (Intel Corporation) | CNN
Intel plans to release data on how much its employees are paid, broken down by gender, race and ethnicity, by the end of this year, the company confirmed to CNN Business on Thursday. The agency will not release companies' data, butsays it will share the data publicly, a move first reported by BloombergThe decision comes as workers in many industries have gotten louder in their calls for increased equity and transparency around the gaps in pay between men, women and people of various racial and ethnic backgrounds. The issue is especially pertinent in the technology industry, which has long been dominated and led by white men. "To see real change across the industry we need to start somewhere," the company said in a statement. "With the requirement to report pay data, the EEOC is emphasizing the need for change in the industry, and that is [a] great first step in the right direction."
Read More
Google appoints former Obama health official Karen DeSalvo to new chief health officer role
GOOG (Alphabet Inc.) | CNBC
Google confirmed on Thursday that it's hired Karen DeSalvo, a former health official in the Obama administration, as its first chief health officer. Google and parent company Alphabet are investing broadly in the health industry, from researching new drugs and devices to bolstering its cloud-computing business to serve more companies in the life sciences. Late last year, Google hired David Feinberg, who had served as CEO of Geisinger, to oversee its expansion in the $3 billion health care sector. Reporting to Feinberg, DeSalvo will advise Google on providers, doctors and nurses across the company's cloud unit and Alphabet's life sciences arm Verily, where she's been on the advisory board. DeSalvo, who sits on a number of medical boards, previously served as assistant health secretary and national coordinator for health information technology in President Obama's Health and Human Services department.
Read More
AT&T, Elliott in talks after activist campaign launched - sources
T (AT&T Inc.) | Nasdaq
Elliott is pressing the telecommunications giant to cut costs, make management changes and scale back expansion aspirations in one of its most ambitious investor campaigns to date. The meetings have taken place since shortly after Elliott, one of the world's most powerful activist investors, six weeks ago sent a four-part proposal for changes to AT&T. For Elliott, which has $38 billion in assets under management, this marks one of its biggest corporate targets. AT&T last week announced plans to delay its earnings release, a move that has sparked speculation that the two sides wanted more time for talks to progress. AT&T has said that it was already exploring some of the issues Elliott has raised.
Read More
GM workers staying on strike as members vote on new contract
GM (General Motors Company) | Japan Times
The United Auto Workers will continue its strike against General Motors Co. until a tentative deal is ratified by its full membership, extending their walkout for at least another week. The strike began Sept. 16 and has cost GM an estimated $2 billion. Workers will get 3 percent wage increases in the second and fourth years of the contract, and 4 percent lump sums in the others. “It’s certainly a generous economic deal,” said Art Schwartz, a former GM labor negotiator who is now a consultant in Ann Arbor, Michigan. “The UAW kind of got everything the members wanted, except those three plants,” Schwartz said.
Read More
Nintendo Switch hits another sales milestone
NTDOY (Nintendo Company Ltd ADR) | Tech Crunch
Nintendo’s North American Switch unit sales have already surpassed the lifetime worldwide unit sales of the Wii U. This number brings NA-specific sales well past the 13.56 million units sold of the company’s previous-generation console, the Wii U. While the Switch lags far behind the PS4 and Xbox One in lifetime sales, it’s important to realize how old those other systems are — hardware refreshes aside. The Xbox One and PS4 were released in 2013 and the Switch was introduced in 2017. As of June 30, 2019, Nintendo has sold nearly 38 million Switch consoles worldwide.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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