Tag Archives: People

Secretary of Labor Marty Walsh says the Biden administration’s new vaccine requirements will help boost the labor force participation rate. On Friday, the Labor Department said the labor force participation rate was unchanged in October, at 61.6%. According to the Bureau of Labor Statistics, the participation rate has stayed between 61.4% and 61.7% since June 2020.  “We really have to focus on how do we bring confidence back to those folks that are just afraid of coming back,” said Walsh in… Source link

Apple (AAPL) recently released the latest version of iOS, the operating system that powers millions of iPhones. And with it comes a feature called SharePlay, which Apple has been previewing since its big developers conference back in June. SharePlay is a new extension for FaceTime that lets you remotely watch movies and TV shows, listen to music, play games, and work out while video chatting with your friends and family. It’s a slick option that makes it a lot easier to watch and listen with… Source link

Just like the front offices at major sports teams, businesses around the country are having to make tough choices about employees either refusing to get vaccinated against COVID-19, or in some instances, even faking their vaccination status. But unlike National Hockey League player Evander Kane, who received a 21-game suspension last week for reportedly submitting a fake vaccine card to his team, employees caught doing the same in many offices in the U.S. could not only be terminated from… Source link

Google is rolling out the ability for kids, teens and their parents to request to have pictures deleted from the company’s image search results. The new privacy option was one of many changes the company announced in August in an effort to preemptively build in additional protections for users under the age of 18. Google’s other planned safeguards included making video uploads private by default, disabling and weed out some “overly commercial” YouTube kids content, including… Source link

The current labor shortage has benefitted companies that treated their employees well, CEO of EY Carmine Di Sibio said on Yahoo Finance’s All Markets Summit Monday. “We talk to our clients about this all the time. We’ve actually hired 115,000 people in the last year, but we’ve also lost people,” Di Sibio says about the labor shortage. “The culture of the organization … is incredibly important … Companies that took care of their people, I think they’re being rewarded for it… Source link

Google’s artificial intelligence and machine-learning algorithms have in the past been criticized for how they deal with darker skin tones, including mistakenly tagging photos of Black people as gorillas. The company apologized and said it would fix its software. Now, it’s using AI to power what it calls “the world’s most inclusive camera.” The goal of the Real Tone image processing in Google’s new Pixel 6 and Pixel 6 Pro smartphones is to “more accurately highlight the nuances… Source link

The U.S. response to the COVID-19 pandemic has been stunted in part due to the ease and speed with which misinformation spreads via the internet and social media —creating an additional barrier for government officials and experts to ensure the general public remains well-informed. U.S. Surgeon General Dr. Vivek Murthy places the blame on key technology companies — but also believes that everyone in the country can play a role in halting the spread of misinformation. “You don’t have to… Source link

Concerns over commodities inflation and slowing consumption by shoppers has led to consumer staples stocks really being out of favor among investors right now.  The share of consumer staples within the S&P 500 has plunged below 6% for only the second time in 30 years, according to a note from Sundial Capital Research. Researchers at Sundial say the decline reflects lagging stock prices and shrinking market caps among consumer staples, and more upbeat trading in other S&P 500 sectors.  “So… Source link

Investors clearly want to stay believers in the buy-the-dip strategy that has worked so well, for so long.  With stocks catching a surprise downdraft last week on Evergrande and debt ceiling concerns — which included the S&P 500 dipping below the key 50-day moving average —investors stepped up and bought big, according to new data out of BofA Securities.  BofA said its clients were “big net buyers” of U.S. equities last week, scooping up $5.9 billion worth of stocks. It marked the third… Source link

Gary Cohn, a key architect of former President Trump’s 2017 Tax Cuts and Jobs Act, has a new mission.  “We now need to get people back into the workforce and we need to force people in many respects to re-enter the workforce,” Cohn told Yahoo Finance Live. Cohn said he is worried the current shortage of labor threatens to undermine the ability of American businesses to compete at home and globally. The U.S. Department of Labor’s latest JOLTS report showed there are almost 11 million job… Source link