Free breakfast negotiating boosts women’s workplace pay talks
Boston aims to close the wage gap by training 85,000 women in free two hour negotiation courses. Megan Costello notes women request raises less often and are more often denied. Massachusetts already bans salary history inquiries and supports equal pay for equal work.
MENTIONED IN THIS ARTICLE
Megan Costello
Boston
Office of Women’s Advancement
Maryland
Kate Nielson
American Association of University Women
AAUW
Massachusetts
U.S
Yellen pressed to punish Wells Fargo over fake accounts
Lawmakers urged Fed chair Janet Yellen to break up Wells Fargo after as many as 2 million fraudulent accounts, but she declined to commit to penalties. Reps Sherman and Lynch pressed for accountability while OCC and CFPB oversight continued.
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Fedchair
Wells Fargo
Washington
Federal Reserve
Janet L. Yellen
Wells Fargo & Co
U.S
Brad Sherman
D-Calif
Yellen
House Financial Services Committee
Fed
Sherman
Stephen Lynch
D-Mass
Lynch
Los Angeles
Mike Feuer
U.S. Consumer Financial Protection Bureau
OCC
CFPB
BlackBerry Ends Internal Smartphone Manufacturing
BlackBerry plans to stop developing its own signature smartphones and shift hardware work to partners. CEO John Chen says this cuts costs and boosts device profitability while the company focuses on software. A BB Merah Putih deal in Indonesia will produce and market BlackBerry branded devices.
MENTIONED IN THIS ARTICLE
Toronto
BlackBerry
John Chen
Apple
U.S
Zacks
Indonesia
BB Merah Putih
Energy stocks surge on oil deal hopes
Energy shares led a broad market rise after reports OPEC would cut production. Exxon Mobil and Chevron climbed as oil prices rebounded with benchmark crude at about $47, and the Dow, S&P 500, and Nasdaq all posted gains.
MENTIONED IN THIS ARTICLE
New York
OPEC
Brian Youngberg
Edward Jones
Standard & Poor
U.S
Youngberg
Brent
International Standard
London
Exxon Mobil
Chevron
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