Women may miss jobs until 2023 despite Biden plans
The National Women's Law Center says women may take until 2023 to regain pre pandemic employment. Industries most affected include hospitality education health government and retail. economists expect a gradual recovery with male jobs rebounding earlier. About 4.2 million women lost jobs since the pandemic, with roughly 2 million still unemployed.
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Auto makers rethink supply as chip shortages bite industry
A century after mass production, carmakers struggle with semiconductor shortages lowering sales by about 110 billion. The industry shifts from just in time to long term guarantees as chipmakers demand secured orders, with Ford and ON Semiconductor signaling moves to in source and expand capacity.
Gates Foundation weighs changes after Bill and Melinda Gates split
After their surprise divorce announcement, Bill Gates and Melinda French Gates face potential shifts at the Gates Foundation. CEO Mark Suzman says he is in talks with the couple to bolster long term sustainability and stability with Warren Buffett, though no harassment allegations have been directed at Bill.
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Median CEO pay climbs to 12.7 million in 2020
The median pay for S&P 500 CEOs rose to 12.7 million in 2020 as boards adjusted compensation formulas amid the pandemic. The increase marks a 5 percent rise from 2019 while workers faced slower wage growth and job losses.
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Equilar
Associated Press
U.S
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