Author: IA PressRoom

CNN  —  Two of the nation’s most intractable problems might have the same solution – if the idea was not so politically radioactive. Even as businesses across the nation are complaining about their inability to find enough workers, the federal government is struggling to stem the relentless flow of migrants at the Southern border trying to find work in the US. No one suggests the answer to worker shortages is to open the border, but it remains a paradox that the nation is straining to keep out migrants looking to work even as employers say the shortage of workers is…

Hispanolistic/E+ via Getty Images Morgan Stanley has picked Medtronic (NYSE:MDT), Alphatec (NASDAQ:ATEC) and Becton Dickinson (NYSE:BDX) as its top picks for medtech stocks, while lowering its rating on Abbott (NYSE:ABT) due to valuation. In a note dated May 30, Morgan Stanley upped its rating on Medtronic to overweight, citing the company’s potential to top earnings expectations. Also cited was the appointment of former Walmart executive Greg Smith as Medtronic’s chief of operations, which it says has given the medtech a “pathway for more consistent execution” in tackling its supply chain issues. Morgan Stanley’s second top pick, Alphatec (ATEC), also earned…

Noncompete clauses likely violate federal labor law, NLRB’s general counsel wrote Tuesday. The clauses limit workers’ ability to organize and fight for improved conditions, she wrote. Workers who can show they were harmed by such provisions should be compensated, she argued. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Companies that force workers to sign “noncompete” clauses are likely breaking the law, infringing not just on those employee’s freedom to find a better job but their ability to defend themselves and their colleagues at…

Note onon a keyboard of a work computer with the text I QUIT. concept of the great resignation, … [+] decision making to quit job, resign from paid work , give up being full time employee and leave workplacegetty Escaping the 9-5 is an aspiration often blocked by uncertainty and fear. Seeing the success of others who have left their jobs to pursue entrepreneurship or early retirement is enough to inspire but not quite enough to make you pull the trigger. While becoming your own boss or reclaiming your time to do things that you are passionate about sounds like…

Every year, the June corporate annual general meeting season in Japan stands as a reminder of the delicate equilibrium in which the Tokyo market operates: shareholders are granted immense disruptive powers, but have been reliably reluctant to use them.There have been many predictions that this balance might eventually crumble, though it has long held firm. But AGM season 2023, say both companies’ investor relations departments and investors, already feels as if it will be different. At the most visible end, there are more shareholder activists targeting Japanese companies than ever before, and several of them, such as Elliott, have prominently expanded their…

© Reuters. FILE PHOTO: The White House is seen at sunset on U.S. President Joe Biden’s first day in office in Washington, U.S., January 20, 2021. REUTERS/Erin Scott By David Shepardson WASHINGTON (Reuters) – The White House said on Tuesday that President Joe Biden is withdrawing the nomination of the acting head of the National Highway Traffic Safety Administration (NHTSA) to take the top job on a permanent basis. The White House gave no reason for the move and declined to comment. Ann Carlson, the agency’s chief counsel, was named acting head of NHTSA in September and formally nominated for…

© Reuters. FILE PHOTO: The logo of communication company Twilio is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren (Reuters) – Activist investor Legion Partners has met Twilio (NYSE:) Inc officials several times, urging the cloud computing company to make changes to its board and consider divestitures, The Information reported on Tuesday. Legion has held at least six meetings over the past few months and has discussed topics including improving cost structure, balance sheet and strategic alternatives, the report said, citing people familiar with the matter. A spokesperson for…

Bitcoin / Source: AdobeThe Bitcoin mining difficulty is about to be adjusted to a fresh record high, reflecting a continued rise in the number of mining machines competing to secure the network.According to data presented by CoinWarz.com, the BTC mining difficulty will be lifted from its current level of 49.55 trillion to 50.91 trillion at tomorrow’s bi-weekly adjustment.That means a more than 2.7% jump in the difficulty that individual miners face as they attempt to discover a Bitcoin block.The jump in mining difficulty reflects the fact that, as per CoinWarz.com, the average block time is currently around 9.73 minutes, 0.27…

Gov. Ron DeSantis of Florida will hold a kickoff event in Iowa on Tuesday as he begins a three-state, 12-city tour at the start of his presidential campaign, aiming to win over Republicans in a socially conservative state where he is banking on a strong showing against former President Donald J. Trump.In a recent media blitz, Mr. DeSantis has highlighted the crucial role Iowa will play in his bid, calling it “very important” in an interview on “Fox & Friends” and drawing comparisons between a six-week abortion ban he signed in Florida and a similar law in Iowa that has…

With shares more than doubling this year, Meta Platforms META, +0.18% seems to be a stock that just won’t quit. But given the choice, investors may want to consider digital-advertising competitor Alphabet GOOGL, -0.75% GOOG, -0.63% instead. Sure, Facebook parent Meta Platforms topped earnings expectations and posted bullish guidance. Yet just after celebrating those results, investors were met with a $1.3 billion fine against Meta from the European Union over data privacy. Google parent Alphabet Inc. shares are up about 40% on the year. Even though earnings weren’t quite as big news on Wall Street, the report offered encouragement. In fact,…