0 Comments By Paul Page Paul Page The Wall Street Journal BiographyPaul Page @PaulPage [email protected] Feb. 11, 2019 9:45 a.m. ET Sign up: With one click, get this newsletter delivered to your inbox. U.S. seaports with a close-up look at the impact of the world’s rising sea levels are starting to take their first steps to address the potential impacts on operations. The Port of Virginia is starting to move some critical equipment higher off the ground and other coastal areas are considering similar protections, the WSJ Logistics Report’s Erica E. Phillips writes, as they respond to new assessments that project sharp increases in water levels and stronger storm surges in the coming decades. The actions are relatively limited so far, but infrastructure experts expect plans to accelerate as longer-term master plans are written. Virginia is already seeing storm surges and tidal flooding, raising concerns at commercial freight and military facilities in the … [Read more...] about Today’s Logistics Report: Rising Port Waters; Suppliers Raise Prices; Tesla’s Slow-Moving Parts
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Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Larry Edelman Globe Staff November 26, 2018 Right now: Bloomberg’s Sabrina Willmer dug into Fidelity Investments’ hiring of money managers, and found that CEO Abigail Johnson is making good on her promise to promote more women at the Boston fund giant.Remember: Fidelity came under fire last year for allowing sexual harassment to persist in its legendary stock-picking unit, which has been — and still is — dominated by men. Among Willmer’s findings: Advertisement ■ About 30 percent of fund manager appointments in the equity unit have gone to women in 2018, the most in five years.. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news, delivered weekdays. Thank you for signing up! Sign up for more newsletters here ■ Janet Glazer, who has an MBA from Massachusetts … [Read more...] about Fidelity’s Johnson picks more women for famed (and largely male) stock-picking unit
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page November 14, 2018 Welcome to Talking Points AM for Wednesday, Nov. 14. Here's what's happening in business. AM Headlines Old radio waves get new life: The Federal Communications Commission today begins auctioning off licenses for extremely high frequency radio spectrum for wireless service once considered useless. (WSJ) US said to delay car tariffs: Sources say the Trump administration wasn’t ready to act on tariffs. (Bloomberg) Makers of top-selling drugs hike prices in lockstep: Extraordinary tactics used to preserve drug exclusivity in the US undermine patient care and increase costs. (STAT) SoftBank’s $3b investment values WeWork at $45b: The financing would rank the company as the second-most valuable US startup behind Uber. (MarketWatch) New auction record for Hopper … [Read more...] about Go ahead and scoff, but Amazon HQ2 was not all about money
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Larry Edelman Globe Staff November 13, 2018 Welcome to Talking Points AM for Tuesday, Nov. 13. US stock futures are recovering a bit from yesterday's big drop, after a mostly down day in Asia and gains in Europe (see more in Off the Top below). Here's what else is happening in business. AM Headlines It's an early Christmas for New York and Crystal City, Va.: Amazon is set today to officially crown the Big Apple and the Washington, D.C., suburb as the winners of The Great HQ2 Bake-off. (WSJ) US-China trade talks back on: Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He. (MarketWatch) Small business confidence remains strong: Optimism among independent businesses continued its two-year streak of record highs in October, according to the National Federation of … [Read more...] about What’s wrong with the stock market? Hint: Trump has it wrong.
The typical Amazon.com Inc. employee was paid less than $30,000 in 2017, the company disclosed Wednesday afternoon. In an annual filing with the Securities and Exchange Commission, Amazon, said its median employee brought home $28,446 in total compensation in 2017. That figure is much lower than other tech companies — Facebook, for instance, recently disclosed a median salary of more than $240,000 — as well as United Parcel Service, which reported median compensation of $53,433. In an email to MarketWatch, an Amazon spokeswoman pointed out that the compensation figures include a wide range of roles across many countries. “Amazon proudly employs over 560,000 people around the world. These roles range from associates working in our fulfillment centers to customer service representatives to software engineers and product managers,” the spokeswoman said. “We also offer employees a lot of flexibility, from part-time to seasonal to full-time. And we employ … [Read more...] about The typical Amazon worker made less than $30K in 2017