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InterviewBoeing Co
Boeing’s largest union seeks seat on plane maker’s board
...The International Association of Machinists District 751, which represents 32,000 workers at factories in the US state of Washington, began contract negotiations with Boeing this month....
March 25, 2024
Semiconductors
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency
...South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the US that will give a major boost to the Biden administration’s efforts to bring more of the AI chip supply...
February 1, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
Korean chipmaker SK Hynix to invest $4bn in Indiana plant
...The company intends to begin mass production in the state by the second half of 2028....
April 3, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
British government faces multibillion pound compensation bill over mishandling of women’s pension age
...The British government faces a compensation bill of billions of pounds over the mishandling of rises in the state pension age affecting more than 3mn women....
March 21, 2024
Letter
Letter: Boards will take time to absorb the Musk ruling
...There was a time when those of us who argued against the excess of supersized chief executive pay used the benchmark of how it compared to the median worker’s earnings in that company....
February 23, 2024
The FT ViewThe editorial board
How to make trains run on time
...Railway lines join supply chains, and link workers to employers. As one of the cleanest modes of transport, a good train network is a boon for the green transition too....
April 12, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Post Office scandal
Post Office chair quits board as UK government seeks ‘new leadership’
...The chair of the Post Office has quit its board as the UK government said it was seeking “new leadership” for the state-owned business at the centre of the Horizon scandal....
January 27, 2024
US employment
US labour watchdog attracts enemies from Amazon to SpaceX
...Other laws led to the establishment of workers’ compensation and the federal minimum wage. The Supreme Court upheld the NLRB’s legality in 1937, so labour experts found SpaceX’s suit shocking....
March 14, 2024
News updates from December 21: US GDP revised down in Q3, Angola to leave Opec
Japan protests against South Korean supreme court forced labour compensation ruling
...Tokyo has criticised a ruling by South Korea’s supreme court on Thursday upholding orders on two Japanese companies to compensate Korean workers subjected to historic forced labour practices.The issue of...
December 21, 2023
Michel Demaré
AstraZeneca chair: UK business needs a level playing field to compete
...This is one of my board’s most important responsibilities towards shareholders. Today the UK is the home of many successful global companies....
April 14, 2024
The FT ViewThe editorial board
The ‘mother of democracy’ is not in good shape
...Other senior officials of the AAP, which runs northern Punjab state as well as Delhi, have been held as part of the same probe....
April 2, 2024
Soumaya Keynes
Central bankers are worried about you getting a raise
...A final set of pay drivers will attract the economic slur “unsustainable”. Central bankers frown on the dynamic of employers bidding up pay simply to secure scarce workers....
December 8, 2023
Employment
Millions of workers are caught in a ‘non-compete’ trap
...Laura is among the tens of millions of US workers caught by onerous non-compete clauses....
April 18, 2024
UK Inequality
UK government faces multibillion pound bill over pension inequality
...The UK government is facing a compensation bill of up to £10.5bn after an Ombudsman on Thursday ruled it had mishandled state pension age rises affecting millions of women born in the 1950s....
March 21, 2024
Stephen Bush
It’s time to lift the veil on incompetence
...When the state fails in a way that hurts a government, there is democratic pressure to change....
April 16, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...USW president David McCall, a vocal critic of the Japanese group’s bid, was invited to a White House state dinner last week in honour of Fumio Kishida, Japan’s prime minister....
April 18, 2024
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...In raising concerns over the deal Biden did not refer to national security, speaking only of the need to maintain “strong American steel companies powered by American steel workers”....
March 19, 2024
The FT ViewThe editorial board
A dangerous turning point in the Middle East
...It also envisages giving Palestinians a political horizon, with concrete steps towards the establishment of a Palestinian state....
April 15, 2024
Post Office scandal
Fujitsu agrees to contribute to Post Office scandal compensation
...Earlier on Tuesday, Lord James Arbuthnot, a member of the Horizon Compensation Advisory Board, told MPs he hoped Fujitsu would “accept that they have played a part in the devastation that has been visited...
January 16, 2024
The FT ViewThe editorial board
How to put right a grave British miscarriage of justice
...An advisory board on compensation suggests the Post Office’s mishandling of prosecutions was so egregious that it would constitute a “cogent ground” for overturning convictions....
January 8, 2024
Investing in funds
State Street’s SSGA warns investors on additional costs of T+1
...However, the board of the State Street Global Advisors Luxembourg Sicav, an open-ended investment fund structure, told investors earlier this month that it will not reduce the settlement cycle of its funds...
April 17, 2024
Tech start-ups
Tech start-ups are giving new hires fewer shares as valuations cool
...He said start-ups were holding back shares to help raise more funds once market conditions improved, but added that workers had also contributed to the shift in compensation....
March 12, 2024
ReviewFilm
Amazon workers come together in Union at Sundance Film Festival — review
...How do you pitch the prospect of change to workers who fear consequences for participating, with zero room for error?...
January 23, 2024
US & Canadian companies
The Proxies 2023: Where are they now?
...Sadder still for fans of the high flyer, she told Zucker and the gang in January that she would also be leaving the board at this year’s annual general meeting....
March 27, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Wall Street’s average bonus fell 2% in 2023 to $176,000 per worker
...As for hiring, the state comptroller found that as a whole the securities industry grew in 2023, with financial sector employment increasing to 198,500 workers, even as several larger banks either cut staff...
March 19, 2024

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