Satellite image of Pengxinwei IC Manufacturing chip plant taken in March showing construction progress. - A + A (Oct 6): When the US government blacklisted Huawei Technologies Co as a national security threat, it cut the Chinese company off from buying American semiconductors and other critical technologies. Now Huawei may have a path around those restrictions. The Chinese technology giant is providing support to a startup in its hometown of Shenzhen that has ordered chipmaking equipment — including from foreign suppliers — for a semiconductor manufacturing plant, according to people familiar with the matter. The fledgling firm, Pengxinwei IC Manufacturing Co, is run by a former Huawei executive and is constructing facilities close to Huawei headquarters, according to public records and satellite photos. Huawei is expected to buy most, if not all, of its output, said the people, who asked not to be identified discussing private information. PXW, as the company … [Read more...] about Secretive chip startup may help Huawei circumvent US sanctions
Start working today
Share to Twitter Share to Linkedin Can you feel inflation eating away at your income? Are you worried matters will only get worse as the nation dives deeper into recession? Perhaps you’re eying that favorite hobby of yours, wondering if you can tweak it a bit to bring in some much-needed revenue. What’s holding you back? If you’ve spent the bulk of your career working for someone else, it’s only natural to wonder if starting a business right now is worth it. You can be on the cusp of retirement or even in retirement. Sure, you enjoy helping people, but wouldn’t it be easier just to give it away for free and cut back on other expenses? Well, no matter what your age, a healthy challenge can invigorate the soul. “Starting a business can be an exciting responsibility to take on for many people,” says Nick Chandi, CEO and Co-Founder of ForwardAI in Vancouver, British Columbia. “It’s also a great opportunity to turn your weekend hobby into a … [Read more...] about Is It Smart To Open A Business During A Recession?
This article first appeared in The Edge Malaysia Weekly, on September 26, 2022 - October 02, 2022. SMEs in Malaysia are in need of more support to automate their businesses - A + A Tan Sri Soh Thian Lai President Federation of Malaysian Manufacturers As manufacturing activities must continue to be the catalyst of growth, main contributor to exports as well as main source of demand for output from the other economic sectors, FMM requests for support in the following areas: Trade support • The FMM Industrial Linkage Programme (ILP), as it will assist our small and medium enterprises (SMEs) to grow their capacities to be part of global supply chains as well as expand their market reach via funding and assistance. • Market Development Grants for market expansion, including incentives to address the high sea freight rates via double tax deductions on logistical expenses. • Expedition in the enforcement of the singular Government … [Read more...] about Cover Story: Captains of industry detail businesses’ most pertinent requests for Budget 2023
Share to Twitter Share to Linkedin Seattle Seahawks Quarterback Russell Wilson wearing Good man Good Man As a fashion journalist, I have been extraordinarily lucky because my ideas and experiments have drawn the interest and curiosity of menswear brands and leaders around the world. Some have even followed their curiosity all the way to contacting me in order to better connect with the source of the information. What makes one person awestruck with inspiration may be totally lost on another person. Likewise what amuses one person may offend another. Simply stated, this means that each person's pathway to flourishing is unique. Increasing positivity in your own life, then, begins with self study. Getting in tune with your own positivity means going beyond one-size fits-all terms. Therefore, let's focus on happy and good in favor of more precisely named emotional states. I am a big believer that our greatest room for growth is not in trying to fix … [Read more...] about Seattle Seahawks Quarterback Russell Wilson And Amazon Fashion Announce Launch Of Good Man Brand
Share to Twitter Share to Linkedin PR Gourmet & entrepreneur. Founder of PR Paradigm , a PR boutique focused on helping trailblazing IT companies tell their stories in France. Today more than ever, the reputation of a company is one of its most valuable assets and requires attention. We are often asked what “secret sauce” makes a successful public relations (PR) campaign. Here are a few thoughts on the key ingredients that can make a difference. To start, we should be talking about business before we talk about PR. A sustainable visibility/awareness campaign needs to find its roots in its business DNA and growth markers. This is especially important when you remind yourself that the strategic purpose of PR in the corporate and B2B arena is about driving how organizations and people that matter see and feel about your company. A deep understanding of business priorities and challenges makes better PR. Like any business strategy, the … [Read more...] about A Successful PR Strategy: 100-Meter Race, Marathon Or Both?
Share to Twitter Share to Linkedin Molly McGrath is the founder of Hiring & Empowering Solutions, LLC . Ever since 47 million Americans quit their jobs in 2021 as part of the Great Resignation, the hiring landscape hasn’t been the same. In a complete about-face from the pre-pandemic job market, employers are now tasked with figuring out how to make working for their organization not only appealing enough for workers to say yes, but fulfilling enough for workers to actually stick around. That’s because millions of people are no longer satisfied with simply having a job, especially if it’s a dead-end one. Millions of people decided they were done waiting for someday to live with meaning and purpose. Jobs that don’t provide meaning and purpose are jobs many people simply don’t want, which is why retaining employees in today’s shifting landscape is no longer something you can take for granted. What It Takes To Attract (And Keep) Quality … [Read more...] about Three Tips To Help Companies Retain Employees Amidst The Great Resignation
Share to Twitter Share to Linkedin After months of speculation, Lionel Messi inked a new contract with FC Barcelona on Saturday morning that commits him to Camp Nou through the 2020-21 season when he is 34-years old. His previous deal was set to expire at the end of this current season. In July, the club had announced an agreement was in the works, but it took four months for the Argentine superstar to agree to financial terms. Had Messi not signed, he would have been free to listen to offers from other teams on Jan. 1. Lionel Messi puts pen to paper on a new contract that commits him to FC Barcelona through the ... [+] 2020-21 season. Miguel Ruiz, FCB Now it seems no other club can afford to go knocking on Barca's door for him any time soon. With this signing, the club confirmed his new buyout clause is set at $835 million ( € 700 million), more than double his previous clause ($357 million / € 300 million). According to Spanish … [Read more...] about Lionel Messi Signs New Barcelona Contract, Set To Become World’s Highest-Paid Footballer
Share to Twitter Share to Linkedin Eric Solomon of Steptoe & Johnson LLP discusses the new excise tax on corporate stock buybacks and examines the issues that the IRS and Treasury will need to tackle before its implementation. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I'm David Stewart, editor in chief of Tax Notes Today International . This week: excising stock buybacks. We're continuing our deep dives into the important tax provisions of the Inflation Reduction Act, which was signed into law by President Biden in August. We've previously looked at the corporate alternative minimum tax , the new IRS funding , and the green tax provisions . Now we're looking at the last-minute — but still influential — addition to the law: the new excise tax on stock buybacks. Joining me now to talk more about this is Tax Notes legal reporter Chandra Wallace. Chandra, welcome to the … [Read more...] about The New Excise Tax On Corporate Stock Buybacks
A peek inside the making of the 50 Over 50—and how one artistic lister helped make possible the visuals for the 2022 edition. Written by Robyn Selman A s Forbes’ director of photography, each year I scan the upcoming editorial calendar looking for my favorites—those that require images in series rather than single photos. Series allow us the opportunity to dig into a topic, create a visual essay and collectively wrap around an idea. The 50 Over 50 project is one of my most beloved series, partly because it’s my tribe. With the 2021 inaugural list, we presented women immersed in florals. Flowers represent perseverance, striving and strength; they are the driving force of nature—and women are the driving force of pretty much everything. With four new portraits to lead the 2022 list, we decided to stick with florals as our theme, but instead of the live flowers, branches and stems we used last year, we commissioned four large, gloriously painted backdrops. And that’s … [Read more...] about Sarah Oliphant’s Painted Floral Backdrops And Why She’s Inspired By The 50 Over 50
Share to Twitter Share to Linkedin In most organizations, evidence of an effective coaching conversation is purely anecdotal. But is coaching effectiveness really something that can be measured with hard numbers? What separates the best coaches from average ones, and how does great coaching affect overall performance? And how would someone even go about collecting the data that would answer this question? Echelon Performance is taking this guesswork out of the coaching equation. Led by industry veteran Ed McCarthy , Echelon works with some of the biggest names in the pharmaceutical industry to draw a direct line between coaching and performance. Leveraging his unique career background, McCarthy and his team have codified six criteria—in the form of the acronym BASICS—that define the best coaches across the industry. I recently caught up with McCarthy to hear Echelon’s story and learn how the company is equipping pharma sales managers to coach their … [Read more...] about Coaching BASICS: How Can You Measure The Effectiveness Of Coaching?