This is how Elizabeth Warren plans to close the pay gap for women of color

She says that “while millions of families count on Latinas and black women to deliver financially, they face a steeper climb to provide that financial security” due to bias and discrimination. On Friday, Democratic presidential candidate Elizabeth Warren released an ambitious plan to close the pay gaps that women of color face at work. Currently, black women, Native American women and Latina women make 61 cents, 58 cents and 53 cents, respectively, compared to white men. “The gap in weekly earni


She says that “while millions of families count on Latinas and black women to deliver financially, they face a steeper climb to provide that financial security” due to bias and discrimination. On Friday, Democratic presidential candidate Elizabeth Warren released an ambitious plan to close the pay gaps that women of color face at work. Currently, black women, Native American women and Latina women make 61 cents, 58 cents and 53 cents, respectively, compared to white men. “The gap in weekly earni
This is how Elizabeth Warren plans to close the pay gap for women of color Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: courtney connley
Keywords: news, cnbc, companies, elizabeth, mothers, gap, plans, companies, women, pay, black, writes, positions, warren, white, color, close


This is how Elizabeth Warren plans to close the pay gap for women of color

Warren cited data that indicates that more than 70% of black mothers and more than 40% of Latina mothers are the sole breadwinners in their families, compared to less than a quarter of white mothers. She says that “while millions of families count on Latinas and black women to deliver financially, they face a steeper climb to provide that financial security” due to bias and discrimination.

In a Medium post, the Massachusetts senator writes that if elected, on day one of her presidency she would implement a set of executive actions that would “boost wages for women of color and open up new pathways to the leadership positions they deserve.”

On Friday, Democratic presidential candidate Elizabeth Warren released an ambitious plan to close the pay gaps that women of color face at work.

Sen. Elizabeth Warren (D-MA) speaks on during the first night of the Democratic presidential debate on June 26, 2019 in Miami, Florida.

Currently, black women, Native American women and Latina women make 61 cents, 58 cents and 53 cents, respectively, compared to white men. “And it’s getting worse,” writes Warren. “The gap in weekly earnings between white and black women is higher today than it was 40 years ago. ”

To fix this problem, Warren says that as president she would deny federal contracts to companies with a poor track record of diversity and equal pay, implement a minimum wage salary of $15 an hour (since black and brown women disproportionately occupy low-wage jobs), ban companies from asking applicants about their salary and criminal histories, and ban companies from using forced arbitration and non-compete clauses that “make it harder for employees to fight wage theft, discrimination and harassment.”

Additionally, Warren points out that women of color also face a steeper climb to higher-level management positions. “Even though black women and Latinas are often the leaders and decision-makers in their own homes and communities, they hold only one spot on the Fortune 500 CEO list and less than 5% of Fortune 500 Board positions, ” she writes.

Currently, Mary Winston, who was appointed interim CEO of Bed, Bath & Beyond in May, is the only black woman leading a Fortune 500 company.

Warren writes that she would provide companies with resources to attract applicants from Historically Black Colleges and Universities (HBCUs), Tribal Colleges and Universities and other minority-serving institutions. She says she would also create paid fellowship programs for federal jobs for minority and low-income candidates and she would require every federal agency to make diversity a core part of its strategic plan. This includes, she says, creating a government-wide mentorship program focused on black and brown employees.

“It’s time to build an America that recognizes the role that women of color play in their families and in the economy,” writes Warren, “that fairly values their work, and that delivers equal opportunity for everyone.”

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Don’t miss: Abortion, equal pay, family leave: Here are all the women’s rights policies proposed by 2020 candidates so far


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: courtney connley
Keywords: news, cnbc, companies, elizabeth, mothers, gap, plans, companies, women, pay, black, writes, positions, warren, white, color, close


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Huawei exec: We need more time to become the world’s top phone maker

New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more


New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more
Huawei exec: We need more time to become the world’s top phone maker Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11
Keywords: news, cnbc, companies, leading, cities, york, prime, newget, london, phone, worlds, need, exec, maker, paris, remain, positions, huawei


Huawei exec: We need more time to become the world's top phone maker

New York, London and Paris remain the world’s leading cities —…

New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…

Get Ahead

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Company: cnbc, Activity: cnbc, Date: 2019-06-11
Keywords: news, cnbc, companies, leading, cities, york, prime, newget, london, phone, worlds, need, exec, maker, paris, remain, positions, huawei


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Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga

New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more


New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more
Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: jesse pound, emma newburger
Keywords: news, cnbc, companies, leading, cities, york, prime, stocks, newget, zynga, moves, shutterfly, london, broadcom, worlds, paris, biggest, making, remain, positions, hours


Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga

New York, London and Paris remain the world’s leading cities —…

New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…

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Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: jesse pound, emma newburger
Keywords: news, cnbc, companies, leading, cities, york, prime, stocks, newget, zynga, moves, shutterfly, london, broadcom, worlds, paris, biggest, making, remain, positions, hours


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Cramer: ‘We’ve had a terrific run’ — it’s time to trim some positions

The major U.S. indexes all declined during the session as investors revealed worries that the stock market has been too strong for its own good, CNBC’s Jim Cramer said Wednesday. The Dow Jones Industrial Average shed about 163 points, while the S&P 500 and the tech-heavy Nasdaq Composite fell 0.75% and 0.57%, respectively. “We’ve had a terrific run, so I am blessing you to do some selling tomorrow,” the “Mad Money” host said. The current year doesn’t quite look like ’87 or ’99, but discipline is


The major U.S. indexes all declined during the session as investors revealed worries that the stock market has been too strong for its own good, CNBC’s Jim Cramer said Wednesday. The Dow Jones Industrial Average shed about 163 points, while the S&P 500 and the tech-heavy Nasdaq Composite fell 0.75% and 0.57%, respectively. “We’ve had a terrific run, so I am blessing you to do some selling tomorrow,” the “Mad Money” host said. The current year doesn’t quite look like ’87 or ’99, but discipline is
Cramer: ‘We’ve had a terrific run’ — it’s time to trim some positions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: tyler clifford
Keywords: news, cnbc, companies, cramer, 1987, veteran, stock, stocks, dow, dotcom, weve, run, terrific, trim, positions, nasdaq, money, market


Cramer: 'We've had a terrific run' — it's time to trim some positions

The major U.S. indexes all declined during the session as investors revealed worries that the stock market has been too strong for its own good, CNBC’s Jim Cramer said Wednesday.

The Dow Jones Industrial Average shed about 163 points, while the S&P 500 and the tech-heavy Nasdaq Composite fell 0.75% and 0.57%, respectively.

“We’ve had a terrific run, so I am blessing you to do some selling tomorrow,” the “Mad Money” host said. “But other than that, I think we’re in fine shape — somewhat overheated, most definitely — but I still think it makes sense to stay the course.”

The Dow had its best four-month rally to start the year since 1987. The Nasdaq had its best showing in the same period since its big rally in 1999. No one wants 2019 to look like those two years, Cramer said.

“Nothing scares the daylights out of professional traders more than those two years,” he said. “If you’re a grizzled veteran like I am, you know those two years had a horrific pattern: They gave you rapid-fire rallies, which ultimately led to a pair of ignominious crashes.”

Cramer said he is always on the lookout for history to repeat itself. He said he had cash on hand when the stock market crashed in 1987, and he shorted tech stocks during the dotcom bubble burst in 2000, which followed the 1999 rally.

The current year doesn’t quite look like ’87 or ’99, but discipline is key, said Cramer, who trimmed positions in his ActionAlertsPlus.com charitable trust. Still, the Dow is up 13% this year, the S&P 500 is up 17% and the Nasdaq is up 21%, he noted.

“Any time you have a remarkable run, it never hurts to take something off the table. Nobody ever got hurt ringing the register,” Cramer said. “Bulls make money, bears make money, but hogs — they get slaughtered. In other words, please don’t be greedy.”

But it’s not time to sell everything like the veteran stock trader did in 1987, or to short stocks as he did in 2000. The strategy behind short selling is to borrow stocks that have potential to decline in hopes of making a profit when the share price falls.

Yet, the “tsunami of IPOs” coming to market is reminiscent of the dotcom era, Carmer said. There are seven deals this week, and many in the technology space. Uber is on its way to public markets next week.

“When you get too many IPOs in one sector, it’s incredibly toxic to the rest of the group because all of this new supply tends to overwhelm the demand,” he said. “Like any other market, when supply exceeds demand, prices … they go down. So the current deluge of deals is unnerving to anyone who traded during the dotcom bubble.”


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: tyler clifford
Keywords: news, cnbc, companies, cramer, 1987, veteran, stock, stocks, dow, dotcom, weve, run, terrific, trim, positions, nasdaq, money, market


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Comparably: The 10 highest-paying entry-level jobs in tech

The U.S. tech industry is currently adding new jobs at almost 400% the rate of other fields, and it pays workers about twice as much too, according to jobs site Comparably. New college graduates and career changers can earn into the six figures from their first day in the office in many of tech’s entry-level positions. To find the roles that paid workers top dollar from the outset, Comparably analyzed more than 8,000 tech workers’ salary records to find the ones that led to the biggest paychecks


The U.S. tech industry is currently adding new jobs at almost 400% the rate of other fields, and it pays workers about twice as much too, according to jobs site Comparably. New college graduates and career changers can earn into the six figures from their first day in the office in many of tech’s entry-level positions. To find the roles that paid workers top dollar from the outset, Comparably analyzed more than 8,000 tech workers’ salary records to find the ones that led to the biggest paychecks
Comparably: The 10 highest-paying entry-level jobs in tech Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: kerri anne renzulli, solisimages, istock, getty images
Keywords: news, cnbc, companies, positions, york, roles, work, paid, workers, tech, entrylevel, comparably, highestpaying, jobs, career


Comparably: The 10 highest-paying entry-level jobs in tech

The U.S. tech industry is currently adding new jobs at almost 400% the rate of other fields, and it pays workers about twice as much too, according to jobs site Comparably.

That high pay isn’t just limited to a handful of senior roles or hardcore technical positions. New college graduates and career changers can earn into the six figures from their first day in the office in many of tech’s entry-level positions.

To find the roles that paid workers top dollar from the outset, Comparably analyzed more than 8,000 tech workers’ salary records to find the ones that led to the biggest paychecks during the first three years of an employee’s career. The results are good news for those who want to work in tech without learning how to code. While several of the 10 highest-paying gigs rely on strong computer science or programming skills, quite a few call for a knowledge of business or marketing.

No matter the role, wise tech workers would head to San Francisco or Seattle to start their careers. These two locations paid the most for each of the following 10 positions, beating out other top cities like Los Angeles, New York City, Boston, Chicago and Austin, Comparably found.


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: kerri anne renzulli, solisimages, istock, getty images
Keywords: news, cnbc, companies, positions, york, roles, work, paid, workers, tech, entrylevel, comparably, highestpaying, jobs, career


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The week trading didn’t go my way

My trading allocation and risk plan worked. If you haven’t taken steps to clearly identify your risk management and exit strategies for your trading positions, I encourage you to do so. I took higher risk positions, and I was traveling on business. My key takeaway, and what all traders should do:My drawdown led me to re-evaluate my overall financial health and long-term plan. Take some time to review and act on your long-term financial strategy and ensure you have a clear delineation between sho


My trading allocation and risk plan worked. If you haven’t taken steps to clearly identify your risk management and exit strategies for your trading positions, I encourage you to do so. I took higher risk positions, and I was traveling on business. My key takeaway, and what all traders should do:My drawdown led me to re-evaluate my overall financial health and long-term plan. Take some time to review and act on your long-term financial strategy and ensure you have a clear delineation between sho
The week trading didn’t go my way Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: jeff chiappetta
Keywords: news, cnbc, companies, investing, way, positions, im, options, plan, longterm, losses, didnt, trading, market, risk, week


The week trading didn't go my way

An industry professional shares advice on re-evaluating your financial strategy.

It was the beginning of 2018, and the U.S. equity markets were strong in every single segment. It was easy to get complacent. And I should have known better, as I’ve been engaged with the market for over 25 years; it will act in an unexpected way when you least expect it!

While the market was steady, I added long positions in stocks and ETFs. I also sold put options on stocks and ETFs I wouldn’t mind owning at lower prices, and simultaneously, sold some covered calls. This strategy works well in flat to slightly bullish markets. That is, it works great until it doesn’t.

Then, one week in February of 2018, the market began to sell off and volatility returned. Not only did my long stock and ETF positions lose value, the short put positions experienced losses as well — at an even greater velocity than the equities. These positions moved more than I had expected, and consequently, the unrealized (paper) losses were larger than I planned for.

Emotionally this was tough to watch. To make matters worse, I was on a business trip which led to a feeling of having less control — real or perceived. I’m sure this has never happened to you, right?

How did I not see the volatility coming? As traders, we have all seen this movie before. We know how it starts, and ends. It’s like when I watch my favorite movie Field of Dreams, I know that if Ray “builds it, he will come!” It repeats time and time again.

The unrealized losses led me to ask one key question: “Am I going to be okay financially, based on my long-term goals of paying for college for my three kids and having an active lifestyle in retirement?”

In the spirit of self-evaluation and development, I wrote a short list of what I learned over that week. If you can learn anything from the pain I experienced, great.

What went well?

Although I was unprepared to see the unrealized (paper) losses, I wasn’t over-leveraged. My trading allocation and risk plan worked. If you haven’t taken steps to clearly identify your risk management and exit strategies for your trading positions, I encourage you to do so. Now.

· I had the right amount of capital (based on my personal financial situation and appetite for risk) decked against shorter-term trading vs. longer-term investing. If you haven’t done so recently, review your trading vs. investing allocation.

· I lost sleep during that week, but not because of the paper losses. (It was because I was teaching my 16-year old to operate a non-self-driving automobile.) If you’re losing sleep because of market volatility, it may be time to reduce risk. (And, if you’re teaching your child how to drive, maybe you can explain to me why merging onto the interstate is so hard!)

What didn’t go so well?

· Mistake #1: I didn’t fully expect the unexpected. I took higher risk positions, and I was traveling on business. This made it tougher to actively manage risk and led to a feeling of having no control.

· Mistake #2: Emotionally, I was unprepared to see a large short-term drawdown in my trading account, even though I could “afford” the losses. This was painful.

· Mistake #3: I have spent a lot of time and energy learning about trading and active investing, but I haven’t spent enough time on long-term wealth planning.

My key takeaway, and what all traders should do:

My drawdown led me to re-evaluate my overall financial health and long-term plan. I started by using some of the advice tools and services offered by Schwab.

All of this helped me answer the question, “Am I going to be okay financially?” The process was simple — and it didn’t require a huge time commitment.

The result: Yep, I’m doing just fine. My plan was stress-tested based on different market scenarios, and my probability of success — like paying for college and retirement — is strong. And my long-term asset allocation looks good. The amount of trading versus investing assets is appropriate based on my plan. I’m saving the right amount of money for retirement. I’m on track. (OK, my college savings plans may be a little light. Have you seen the cost of college these days?)

If you’re a trader, and you trade all or most of your investable assets, I encourage you to take a step back. Take some time to review and act on your long-term financial strategy and ensure you have a clear delineation between short-term tradable assets and long-term investing assets. For many, active trading is fun, and even considered a hobby. Trust me, I get it. But, hobbies are way more enjoyable when you can afford them.

You may think to yourself, “I’m a tough and cool trader, I don’t need long-term planning. I have the markets all figured out.” You may be right, but it’s also worth having a plan. Try it. Having a plan may even allow you to engage or trade more.

OK, I’m going back to trying to figure out this market.

What You Can Do Next

· Learn more about investment advice at Schwab.

· Schwab is happy to discuss your portfolio whenever and wherever it’s convenient for you. Call us at 877-807-9240, visit a branch or find a consultant.

· Interested in investing now? Open an account.

Important Disclosures

Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Covered calls provide downside protection only to the extent of the premium received and limit upside potential to the strike price plus premium received. With long options, investors may lose 100% of funds invested. Multiple-leg options strategies will involve multiple commissions. Spread trading must be done in a margin account. Please read the Options Disclosure Document titled Characteristics and Risks of Standardized Options.

Writing uncovered options involves potentially unlimited risk.

Investing involves risks, including loss of principal. Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss.

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.


Company: cnbc, Activity: cnbc, Date: 2019-04-11  Authors: jeff chiappetta
Keywords: news, cnbc, companies, investing, way, positions, im, options, plan, longterm, losses, didnt, trading, market, risk, week


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Top market watcher positions for profitable year — but with a caveat

If 2019’s monster rally folds, Ed Keon has adopted an approach to keep losses in check even though he’s bullish. Keon, who runs QMA’s strategy for more than $50 billion in multi-asset portfolios, expects stocks will reach all-time highs this year. But there’s a caveat: He’s building his investment strategy to withstand a painful setback due mostly to geopolitical risks. We’re overweight stocks overall, especially in the U.S. and emerging markets,” he said Tuesday on CNBC’s “Futures Now.” He also


If 2019’s monster rally folds, Ed Keon has adopted an approach to keep losses in check even though he’s bullish. Keon, who runs QMA’s strategy for more than $50 billion in multi-asset portfolios, expects stocks will reach all-time highs this year. But there’s a caveat: He’s building his investment strategy to withstand a painful setback due mostly to geopolitical risks. We’re overweight stocks overall, especially in the U.S. and emerging markets,” he said Tuesday on CNBC’s “Futures Now.” He also
Top market watcher positions for profitable year — but with a caveat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: stephanie landsman, gary hershorn, getty images, michael nagle, bloomberg, scott mlyn, barcroft media, david a grogan
Keywords: news, cnbc, companies, caveat, positions, especially, yearbut, stocks, strategy, war, views, united, market, hes, profitable, withstand, uschina, watcher


Top market watcher positions for profitable year — but with a caveat

If 2019’s monster rally folds, Ed Keon has adopted an approach to keep losses in check even though he’s bullish.

Keon, who runs QMA’s strategy for more than $50 billion in multi-asset portfolios, expects stocks will reach all-time highs this year.

But there’s a caveat: He’s building his investment strategy to withstand a painful setback due mostly to geopolitical risks.

“We have kind of a barbell strategy. We’re overweight stocks overall, especially in the U.S. and emerging markets,” he said Tuesday on CNBC’s “Futures Now.” “We also have a big position in bonds, especially Treasury bonds.”

Keon’s positioning in Treasurys addresses global slowdown risks and their potential to infect the United States. It’s a risk he isn’t taking lightly due to discouraging hard economic data overseas. He also views the U.S.-China trade war as a serious threat to the market.


Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: stephanie landsman, gary hershorn, getty images, michael nagle, bloomberg, scott mlyn, barcroft media, david a grogan
Keywords: news, cnbc, companies, caveat, positions, especially, yearbut, stocks, strategy, war, views, united, market, hes, profitable, withstand, uschina, watcher


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Apple is adding 1,200 employees in Qualcomm’s backyard as their legal dispute wages on

Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm. Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices. Apple recently stopped using modems made by Qualcomm and switched to Inte


Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm. Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices. Apple recently stopped using modems made by Qualcomm and switched to Inte
Apple is adding 1,200 employees in Qualcomm’s backyard as their legal dispute wages on Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: lauren feiner, stephanie keith, getty images, feng li, getty images news
Keywords: news, cnbc, companies, 1200, wages, team, office, legal, qualcomm, qualcomms, plans, dispute, employees, positions, modems, adding, according, apple, release, recently, backyard


Apple is adding 1,200 employees in Qualcomm's backyard as their legal dispute wages on

Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm.

Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices.

Reuters reported last month that Apple has moved its modem chip engineering team from its supply chain unit into its in-house hardware technology group, suggesting it could be looking to bring a component it used to buy from Qualcomm into its own facilities. Apple recently stopped using modems made by Qualcomm and switched to Intel chips instead.

San Diego Mayor Kevin Faulconer tweeted his support of Apple’s expansion, which he said “will increase local jobs by an additional 20%.” Apple plans to add as many as 200 employees by the end of 2019, according to a press release from Faulconer’s office. Apple said said its new positions would span a variety of specialty engineering fields in hardware and software, according to the release. The company plans also to develop thousands of square feet of office, lab and research space in the area to accommodate the new employees.

Apple has recently begun posting dozens of positions relating to designing cellular modems and integrated application processors, according to EE Times. Wednesday’s announcement shows it’s serious about building out a team in a city that is a popular chip hub.

Subscribe to CNBC on YouTube.

Watch: Qualcomm’s General Counsel: German Apple ban not up for interpretation


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: lauren feiner, stephanie keith, getty images, feng li, getty images news
Keywords: news, cnbc, companies, 1200, wages, team, office, legal, qualcomm, qualcomms, plans, dispute, employees, positions, modems, adding, according, apple, release, recently, backyard


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Apple is adding 1,200 employees in Qualcomm’s backyard as their legal dispute wages on

Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm. Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices. Apple recently stopped using modems made by Qualcomm and switched to Inte


Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm. Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices. Apple recently stopped using modems made by Qualcomm and switched to Inte
Apple is adding 1,200 employees in Qualcomm’s backyard as their legal dispute wages on Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: lauren feiner, stephanie keith, getty images, feng li, getty images news
Keywords: news, cnbc, companies, 1200, wages, team, office, legal, qualcomm, qualcomms, plans, dispute, employees, positions, modems, adding, according, apple, release, recently, backyard


Apple is adding 1,200 employees in Qualcomm's backyard as their legal dispute wages on

Apple announced Wednesday it is bringing 1,200 employees to a San Diego office over the next three years, growing its presence right in the backyard of its current legal rival Qualcomm.

Apple’s expansion comes as the two companies continue in an ongoing multinational legal battle, with Qualcomm alleging Apple violated its patents and Apple alleging Qualcomm has inaccurately charged it royalties to use its chips in devices.

Reuters reported last month that Apple has moved its modem chip engineering team from its supply chain unit into its in-house hardware technology group, suggesting it could be looking to bring a component it used to buy from Qualcomm into its own facilities. Apple recently stopped using modems made by Qualcomm and switched to Intel chips instead.

San Diego Mayor Kevin Faulconer tweeted his support of Apple’s expansion, which he said “will increase local jobs by an additional 20%.” Apple plans to add as many as 200 employees by the end of 2019, according to a press release from Faulconer’s office. Apple said said its new positions would span a variety of specialty engineering fields in hardware and software, according to the release. The company plans also to develop thousands of square feet of office, lab and research space in the area to accommodate the new employees.

Apple has recently begun posting dozens of positions relating to designing cellular modems and integrated application processors, according to EE Times. Wednesday’s announcement shows it’s serious about building out a team in a city that is a popular chip hub.

Subscribe to CNBC on YouTube.

Watch: Qualcomm’s General Counsel: German Apple ban not up for interpretation


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: lauren feiner, stephanie keith, getty images, feng li, getty images news
Keywords: news, cnbc, companies, 1200, wages, team, office, legal, qualcomm, qualcomms, plans, dispute, employees, positions, modems, adding, according, apple, release, recently, backyard


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Employers are hiring, but don’t expect a bigger paycheck

Median annual base pay for full-time workers rose to $52,672 in February, according to the latest pay report from Glassdoor. However, the government shutdown, market losses, geopolitical uncertainly and weakening effects from the 2017 tax cuts are contributing to headwinds, which are starting to slow down wage growth, Zhao said. Indeed, wage growth has been sluggish throughout the economic expansion, struggling to break 3 percent despite the tight labor market. “Weakening pay growth is a warning


Median annual base pay for full-time workers rose to $52,672 in February, according to the latest pay report from Glassdoor. However, the government shutdown, market losses, geopolitical uncertainly and weakening effects from the 2017 tax cuts are contributing to headwinds, which are starting to slow down wage growth, Zhao said. Indeed, wage growth has been sluggish throughout the economic expansion, struggling to break 3 percent despite the tight labor market. “Weakening pay growth is a warning
Employers are hiring, but don’t expect a bigger paycheck Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: jessica dickler, luke sharrett, bloomberg, getty images
Keywords: news, cnbc, companies, job, hiring, labor, employers, growth, glassdoor, paycheck, bigger, market, wage, workers, expect, dont, pay, zhao, positions


Employers are hiring, but don't expect a bigger paycheck

If you’re considering a new job, “there’s no time like the present,” said Daniel Zhao, senior economist at job-hunting website Glassdoor.

Median annual base pay for full-time workers rose to $52,672 in February, according to the latest pay report from Glassdoor.

However, the government shutdown, market losses, geopolitical uncertainly and weakening effects from the 2017 tax cuts are contributing to headwinds, which are starting to slow down wage growth, Zhao said.

February’s base pay was up only 1.3 percent from last year and wage growth in January was revised down to 2 percent from 2.3 percent, Glassdoor found.

Indeed, wage growth has been sluggish throughout the economic expansion, struggling to break 3 percent despite the tight labor market. Yet the most recent deceleration is “a little bit concerning,” Zhao said.

“Weakening pay growth is a warning sign for the labor market as we dig into 2019, but time will tell if this downward trend will continue.”

High-end job positions, such as data scientists, are seeing some of the greatest wage declines, Glassdoor found, mostly due to more people entering the field.

On the flip side, low-wage positions, such as cashiers and bank tellers, are notching some of the largest wage gains, according to Glassdoor, largely because of increases in the minimum wage.

Overall, “this is still a good time for workers to look for a new job,” Zhao said. “If they can find a job that fits them and pays well, they should go for it.”


Company: cnbc, Activity: cnbc, Date: 2019-03-05  Authors: jessica dickler, luke sharrett, bloomberg, getty images
Keywords: news, cnbc, companies, job, hiring, labor, employers, growth, glassdoor, paycheck, bigger, market, wage, workers, expect, dont, pay, zhao, positions


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