Tag: U. S
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Celebrating Pennsylvania’s Best Places to Work in 2024
The Best Places to Work in PA 2024 event, hosted by Lehigh Valley Business and Best Companies Group, recognized 134 organizations for their exceptional work environments. The event included a seminar on employee engagement, with insights from various experts, and highlighted the importance of prioritizing employee satisfaction and innovative workplace practices. On December 12, 2024,…
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Fifth Third’s CIO Embraces Buying Over Building Technology Solutions
Fifth Third Bancorp, ranked 17th among U.S. banks, adopts a strategy of buying technology solutions instead of building them in-house, allowing the bank to compete with larger rivals. CIO Jude Schramm emphasizes partnerships with tech vendors like nCino and Microsoft to enhance efficiency and productivity. This approach enables the bank to modernize its IT infrastructure…
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Chinese Companies Address U.S. Semiconductor Export Controls
Chinese companies, responding to new U.S. semiconductor export controls, believe these measures will have minimal effects on their operations. Key firms such as Empyrean, Skyverse, and NAURA have detailed their strategies to maintain stability amid these restrictions. Experts caution that U.S. actions may disrupt the global semiconductor supply chain, ultimately harming American interests. Chinese firms…
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Walmart Scales Back DEI Policies Under Conservative Pressure
Walmart is retracting its diversity, equity, and inclusion (DEI) policies following pressure from conservative activists, becoming the largest corporation to do so. The changes include discontinuing a racial equity center and withdrawing from a gay rights index. This shift is in response to the Supreme Court’s ruling against affirmative action and reflects broader pressures on…
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Schweitzer Engineering Laboratories Recognized for Employee Ownership; Local Business Developments in Lewiston
Schweitzer Engineering Laboratories is now the 14th largest 100% employee-owned company in the U.S., marking a significant achievement in employee ownership. Meanwhile, local developments in Lewiston include plans for a new restaurant by the Rowdens and the opening of Jackman Tire, indicating local economic growth and entrepreneurial activities. Schweitzer Engineering Laboratories (SEL) has been recognized…