Employees at Silicon Valley companies such as Apple, Google and Facebook are highly paid and enjoy a wide range of perks on the job. The security guards who watch over their workplaces earn around $16 an hour, a tough wage to get by on in the high priced San Francisco Bay Area.
Drugmakers learned long ago that deputized doctors are effective pitchmen. A doctor's dinner speech or chat over lunch with colleagues can go a long way toward changing his or her colleagues' prescribing habits. But increasing scrutiny has led to a reconsideration of the practice.
Two decades ago, labor unions warned that the North American Free Trade Agreement would drive away U.S. jobs and push wages down. Today, unions feel as strongly as ever that NAFTA was a mistake for U.S. workers, but quantifying the factors behind the decline in the middle class is no simple matter.
Some of the most heated protests in San Francisco have been over big, sleek buses — private shuttles that Silicon Valley tech companies like Google and Facebook use to get their city-living employees to work. They've become a symbol of the city's changing socioeconomic landscape.
GlaxoSmithKline says it will stop paying doctors to speak on its behalf at conferences and will also stop paying for doctors to attend conferences where marketing takes place. The company is also changing the way it compensates its global sales force. Some of the changes will go into effect by early 2015, others will take a bit longer.
President Obama is hosting a high-profile group of technology executives at the White House on Tuesday. Almost every one was a big financial backer of the president's political career. Chad Dickerson, chief executive of Etsy, is among the group but only gave $500 to the Obama campaign.
President Obama is hosting a high-profile group of technology executives at the White House Tuesday. Almost every one was a big financial backer of the president's political career. Chad Dickerson, chief executive of Etsy, was among the group but only gave $500 to the Obama campaign.
The head of British drug maker GlaxoSmithKline told The New York Times on Monday that the company will stop paying doctors to promote its drugs. Pharmaceutical firms commonly pay physicians to speak at medical conferences — a practice criticized as a conflict of interest.
Before the end of the year, the federal government will select six states where drone makers can test how to safely integrate the technology into commercial airspace. Nevada is vying for one of the spots. The FAA stamp of approval could lure big industry to high-end test sites. But smaller drone developers, who're focused on non-military applications, also see enormous opportunities.