Intel fired 17,000 workers from 2015 to 2017, and an investigation by The Oregonian found Intel workers over 40 were more than twice as likely to be fired as their younger counterparts and those older than 60 were eight times more likely to be terminated than workers younger than 30. Complaints filed to federal regulators in 2015 sparked a US Equal Employment Opportunity Commission investigation, but to date, there has been no resolution in the matter.
Cadillac could end production of internal combustion engines in favor of electric vehicles by 2030, President Steve Carlisle says. This shift could affect how and where manufacturing happens.
Although professors are stakeholders in online education, their roles in online learning and the benefits they stand to gain are rarely discussed, writes Joshua Kim. Students and institutions would both likely benefit from putting faculty first by ensuring professors are supported and well-compensated for online education efforts, he writes.
Goldman Sachs' revenue and profit centers have eroded, in part because of regulation and electronic trading, and the task of restructuring and rejuvenating the company falls to CEO David Solomon. He's implementing the company's first multiyear strategic plan and emphasizing financial and bureaucratic efficiency, while Goldman has also relaxed its office culture, starting with the dress code.
Walmart has surpassed Amazon for a number of online grocery shoppers, though Amazon received superior scores for customer satisfaction, according to a Retail Feedback Group study. The study also found more than half of US grocery shoppers have used online services in the last year.
The health questions for which Americans sought answers on Google most frequently this year were about reducing blood pressure, followed by ketogenic diets and stopping hiccups. Last year's most-Googled health queries included questions about amyotrophic lateral sclerosis, endometriosis and how long marijuana can be detected in urine.
Influencer marketing on Instagram has been huge, as indicated by the 3 million posts the past year with the sponsored #ad hashtag, a 48% increase over 2018, according to Klear. The media analytics firm also reports that 54% of influencer content is posted by millennials ages 25 to 34, microinfluencers landed 90% of the branded partnerships on the platform and influencers are increasingly utilizing Instagram Stories.
Online gaming is taking a toll on GameStop, which reported a larger-than-expected third-quarter decline. The drop is primarily due to "the unprecedented decline in new hardware sales" as many of the current gaming systems become obsolete, CEO George Sherman said.
Binge watchers will be getting a perk on Hulu, as the company has decided to offer an ad-free episode once the viewer starts a third episode. Special offers from brand sponsors also may be presented.
Altice USA will avoid spending large amounts of operating capital to drive massive sign-ups for its new mobile service and concentrate instead on improving margins and profits, CEO Dexter Goei says. The service, which Altice launched in September at $20 a month for Optimum and Suddenlink subscribers, is still ramping up many of its features, Goei adds.
Dubai, London and New York City top GlobalData's list of 50 "construction mega cities" with the highest investment value in their project pipelines. Chicago, Los Angeles, Houston, Miami, Atlanta, Washington, D.C., Las Vegas, San Francisco and Boston also are on the list.
High school students have inspired throngs of activists and ordinary citizens worldwide to join the Global Climate Strike today to demand action on climate change from their national leaders. Over a million students were excused from school in New York City to participate in strike protests, while similar demonstrations are occurring in major cities all over the world.
FedEx and UPS ranked the highest among parcel carriers for on-time deliveries during the week of Thanksgiving and Black Friday, which marked the beginning of the industry's busiest season of the year, delivering 98.6% and 98.5% of its packages on schedule, respectively.
Americans will set a record for travel this holiday season, AAA predicts. The 115.6 million figure, the highest since AAA began forecasting in 2000, reflects low unemployment and higher disposable income, a company executive says.