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Jean Thompson

1690 Posts
Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’

Walmart Offers Store Managers Company Stock to Make Them Feel Like ‘Owners’

Walmart, the nation’s largest private employer, is raising salaries and benefits for store managers as it looks for ways to retain them.Walmart said on Monday that managers of its U.S. stores would be eligible for grants of up to $20,000 in company stock every year. The stock will vest over a three-year period, with a percentage vested each quarter.The announcement came a few weeks after Walmart said it would increase the average salary for store managers to $128,000, up from $117,000. The big-box retailer also said bonuses for store managers could reach up to 200 percent of base salary, with…
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The Man in Room 117

The Man in Room 117

Sam and Olga had concluded that only involuntary treatment could break the cycle for Andrey — something open-ended, combining long-term injectable medications with intensive therapy and counseling.They are part of a much larger ideological shift taking place, as communities grope for ways to manage ballooning homeless populations. California, one of the first states to turn away from involuntary treatment, has passed new laws expanding it. New York has made a billion-dollar investment in residential housing, psychiatric beds and wraparound services.Sam had staked his hopes on Washington’s new involuntary treatment law, and found it maddening that this fall, when Andrey was…
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23andMe Breach Targeted Jewish and Chinese Customers, Lawsuit Says

23andMe Breach Targeted Jewish and Chinese Customers, Lawsuit Says

The genetic testing company 23andMe is being accused in a class-action lawsuit of failing to protect the privacy of customers whose personal information was exposed last year in a data breach that affected nearly seven million profiles.The lawsuit, which was filed on Friday in federal court in San Francisco, also accused the company of failing to notify customers with Chinese and Ashkenazi Jewish heritage that they appeared to have been specifically targeted, or that their personal genetic information had been compiled into “specially curated lists” that were shared and sold on the dark web.The suit was filed after 23andMe submitted…
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The Key Issues for Business in a Likely Trump-Biden Rematch

The Key Issues for Business in a Likely Trump-Biden Rematch

After beating Nikki Haley in New Hampshire on Tuesday, Donald Trump reaffirmed his position as the leading candidate to win the Republican nomination. That has business leaders facing the possibility of another Trump presidency, and their investors trying to figure out what it could mean for their bottom lines.The questions are, perhaps not surprisingly, coming from seemingly every corner of the economy.During Blackstone’s quarterly earnings call on Thursday, an analyst wanted to know if uncertainty over who would win a likely Biden-Trump matchup could freeze deal flow. (“I’d say transaction activity is going to be more tied to the Fed’s…
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Jon Franklin, Pioneering Apostle of Literary Journalism, Dies at 82

Jon Franklin, Pioneering Apostle of Literary Journalism, Dies at 82

Jon Franklin, an apostle of narrative short-story style journalism whose own work won the first Pulitzer Prizes awarded for feature writing and explanatory journalism, died on Sunday in Annapolis, Md. He was 82.His death, at a hospice, came less than two weeks after falling at his home, his wife, Lynn Franklin, said. He had also been treated for esophageal cancer for two years.An author, teacher, reporter and editor, Mr. Franklin championed the nonfiction style that was celebrated as New Journalism but that was actually vintage narrative storytelling, an approach that he insisted still adhere to the old-journalism standards of accuracy…
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Mediapocalypse Now, a16z’s Chris Dixon Defends Crypto, and HatGPT

Mediapocalypse Now, a16z’s Chris Dixon Defends Crypto, and HatGPT

Listen and follow ‘Hard Fork’Apple | Spotify | Amazon | YouTubeLayoffs are hitting newsrooms and publishers again, as tech platforms, ad markets and artificial intelligence reshape the internet. Kevin Roose and Casey Newton have ideas for solutions. Then, one of the most influential investors in crypto companies lays out where the industry went wrong, and why he still thinks blockchains are the future. And finally, a round of HatGPT with the week’s tech headlines, including a spicy LinkedIn post and an A.I. test that disturbs Kevin and Casey’s sense of reality.Credits“Hard Fork” is hosted by Kevin Roose and Casey Newton…
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