Fabless firms clearing inventories aggressively
Since the latter part of the third quarter, Taiwan-based IC design houses, including first-tier players, have become aggressive in clearing on-hand inventories by slashing orders placed with foundries as well as their chip prices, according to indust.....»»
Small firms may offer higher pay due to a lack of market power
Small companies may post higher wages for entry level positions than large companies—potentially attracting better talent, even though the larger companies have more influence on the market, according to new Cornell research......»»
Firms that withdrew from Russia following Ukraine invasion earn higher consumer sentiment, finds study
Following Russia's 2022 invasion of Ukraine, many companies with operations in Russia withdrew from or severely curtailed their Russian operations. For example, Dell and McDonald's ceased all operations in Russia after the invasion......»»
Family-owned businesses hold non-family CEOs more accountable than family CEOs for firm performance
Family-owned businesses account for 59% of the U.S. private workforce, with 35% of Fortune 500 companies being family-owned. Although family-owned firms employ more than half of the U.S. workforce, little is known about their operations due to the se.....»»
White House picks Monroe Capital to develop $1 billion fund for auto suppliers
The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said......»»
Hackers breaching construction firms via specialized accounting software
Firms in the construction industry are getting breached by hackers via internet-exposed servers running Foundation accounting software, Huntress researchers are warning. “We’re seeing active intrusions among plumbing, HVAC, concrete, and.....»»
China hits 9 US firms with property freeze over weapons sales to Taiwan
China hits 9 US firms with property freeze over weapons sales to Taiwan.....»»
The challenge of LGBTQI+ inclusion at Big Four firms
The Big Four firms are eager to adopt progressive positions in support of diversity, but it doesn't always play out in reality for staff......»»
Daily 5 report for Sept. 6: Sales reports, dealer sentiment give Fed good reason to cut interest rates
The bottom line, as sales stagnate and inventories rise, is that automakers and their customers need interest rates to come down soon......»»
Russian banks say they"ve run out of yuan as Chinese firms pull away from the nation
Russian banks say they"ve run out of yuan as Chinese firms pull away from the nation.....»»
Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw
Russian firms bought spare parts for 25-year-old ASML machines, says newspaper Trouw.....»»
Sutskever strikes AI gold with billion-dollar backing for superintelligent AI
Top venture firms back SSI to develop "safe" AI with teams in Palo Alto and Tel Aviv. Enlarge / Ilya Sutskever, OpenAI Chief Scientist, speaks at Tel Aviv University on June 5, 2023. (credit: JACK GUEZ via Getty Images).....»»
Research explores whether "everything as a service" will live up to its great expectations
It's no secret that the composition of the American economy is changing. As the manufacturing sector continues to decline, the balance is slowly tipping even further away from goods and towards services. In line with this larger trend, many firms hav.....»»
Schemes linking company bosses" pay to cuts in greenhouse gas emissions are ineffective, research shows
Schemes linking corporate executives' pay to how far their firms cut their greenhouse gas emissions are ineffective, new research says......»»
Promising Mpox Drug Fails in Trials as Virus Spreads
In a trial in the Democratic Republic of the Congo, the drug tecovirimat, also known as TPOXX, was found to be no better than placebo at clearing mpox lesions......»»
Clearing up confusion between organic and regenerative farming could boost green agriculture
Making the benefits of different types of farming plain for the public could provide better protection for the British countryside, according to a new study. Led by a team at the University of Reading, the research says greater education about sustai.....»»
Maintaining company confidentiality simultaneously hurts and helps workers" well-being
A hush has fallen over the workplace. At tech startups and banks, in doctors' offices and law firms, workers are increasingly being asked to keep secrets. These aren't personal confidences but organizational secrets about clients, proprietary technol.....»»
Gurman: Apple issues fourth known round of layoffs this year with Services job cuts
Mark Gurman reports for Bloomberg that Apple has cut around 100 jobs in the Services division. While relativity small compared to other technology firms over the last few years, the layoffs are notable for Apple. That’s because CEO Tim Cook has rep.....»»
UN cybercrime convention inadequate, says Human Rights Watch
UN treaty falls short when protecting digital freedoms, tech firms and activists say......»»
Environmental laws failing to slow deforestation, researchers say
Australia's environmental laws are failing to stop high rates of tree clearing to make way for agriculture, development and mining, according to University of Queensland research......»»
Saturday Citations: Citizen scientists observe fast thing; controlling rat populations; clearing nanoplastic from water
Good morning! Here are a few of this week's most interesting science stories to read while you're settling into the couch with your cup of General Foods International French Vanilla Cafe......»»