#politics

https://www.cnbc.com/amp/2026/06/10/citigroup-shares-outperform-down-market-after-trump-endorsement.html

Content and technology company Thomson Reuters faces a shareholder vote at its annual meeting on Wednesday over its U.S. government contracts for services that some investors and employees say may help power the Trump administration’s crackdown on undocumented immigrants.

https://www.reuters.com/legal/legalindustry/thomson-reuters-faces-shareholder-vote-over-ice-contracts-2026-06-10/

Why do industry observers and specifically BP staff automatically give high praise to Meg? Can one person from the outside manage to upright a failed strategy and a culture which abhors change?

Our favorite minister of people and culture is still proving herself adept at survival and sorcery. Taking out and clearly eviscerating a Chairman of the Board with allegations of misconduct is pure corporate Hunger Games! Is KD’s on borrowed time? Or at this juncture a useful pawn?

This sums up many people here. Luckily most of the people I work with aren’t into this
https://www.theguardian.com/technology/ng-interactive/2025/jan/29/silicon-valley-rightwing-technofascism

The CEO of UP told him to shove it. So the merger MIGHT not get approval.

https://www.freep.com/story/news/politics/2026/06/04/trump-says-ford-gm-want-bill-to-restrict-owners-from-fixing-their-own-vehicles/90410359007/?tbref=hp

If you put on your blinder and look down and support the company like they’re your own flesh and blood, you’ll do well. But at what cost?

Why is it Executive leader ship can’t give raises, but they can hire two more of their friends for VP positions we don’t need?

This site has become nothing what it was intended to be. Stop with the politics and your “ever so important” and “only you are right” views. It’s a board about employment and layoffs. Can we focus and stop being so childish please? Anyone?? What have you heard? Who should be concerned about their jobs etc…? That is what this is here for people. You’re filling it up with nonsense trying to cause political debates that will never be solved here. It’s not an outlet for your frustrations. Let’s be grown up professionals.

https://www.politico.com/news/2026/06/02/bill-pulte-director-of-national-intelligence-00946319

1 By partnering closely with NVIDIA, Dell successfully secured a front-row seat on the AI wave.
2 By backing Donald Trump, Dell gained political support and substantial government orders.
3 By distancing the company from China and giving up part of the Chinese market, Dell earned strong trust from Trump and his allies.
4 Through quiet but decisive and continuous layoffs, Dell has consistently reduced costs.
5 By shifting operations toward India, Dell has maintained product competitiveness.

Just curious what the board thinks. Playing politics and maneuvering the convoluted organizational structures come to mind. A bit ruthlessness and narcissism helps too. What I noticed is that most of them like to hear sound of their own voice, I guess this can be rolled up as a subgroup under narcissism.

Ineffective. Politics. Curious what your experience is with a 300+ team of HR ‘professionals’?
What is it they do, let employees know to complete a survey and attend pro day?

That's what Medtronic should be renamed, because that's how everything works here. You either know somebody higher up or you're related to them and you can soar. The rest of us are sc--wed, though.

Frequent cuts, endless political games, and ever-changing job descriptions are just few of the things wrong here. There's also no clear direction from the top. Most of us just show up and try to survive whatever the day throws at us.

There are many things wrong with Wells Fargo right now, from bad management and toxic culture to constant layoffs, but the worst part is the politics. It feels like every decision is about someone's agenda rather than what actually makes sense. I've never seen anything like it in my 20+ year long career.

Layoffs are about politics and wages, not talent. Speak up? You’re on the list. Good people were kicked out after cloud, XaaS, third party integration, and confidential data outside our control warnings. Now? Industry breaches. Compromises. Remind everyone that Menace, Tiny, Says, Rabama and Circumcised focused more on silencing professional warnings and not locking doors.

IBM Chief Executive Arvind Krishna in an interview
compared quantum to where AI chips were a
decade ago and said the new business could
generate billions of dollars a year in sales with high
profit margins by the mid-2030s.

Yep, quantum is almost here, like they've been telling us for years.

https://www.wsj.com/tech/quantum-computing-grants-ibm-rigetti-globalfoundries-7382e6be

Trump administration hopes to spur ‘a new era of American innovation,’ Commerce Secretary Lutnick says

By: Amrith Ramkumar and Heather Somerville |
Updated May 21, 2026 10:17 pm ET

WASHINGTON—The Trump administration is awarding $2 billion in grants to nine quantum-computing companies in deals that include U.S. government equity stakes, the Commerce Department said.

The move accelerates the administration’s plans to boost the nascent industry, which has attracted a wave of investment from investors and businesses in recent months.

The department has agreed to give $1 billion of the package to International Business Machines IBM, a leader in the race to build computers that use quantum mechanics to solve problems much faster than traditional supercomputers. Coupled with advances in artificial intelligence, quantum computing has the potential to turbocharge scientific research, making it an economic and national-security priority for President Trump.

IBM and other companies are working to develop specialized chips for quantum computing, a focus for the government in its bid to spur domestic supply chains. IBM said it is investing $1 billion of its own cash alongside the award to set up what it said is the nation’s first specialized quantum chip manufacturing facility. The company is establishing a new business focused on the effort that will receive the government investment.

Shares of the company added 12%.

The chip maker GlobalFoundries GFS 14.92%increase; green up pointing triangle is receiving $375 million in funding and giving the government a roughly 1% stake in the company. It is also setting up a new business focused on quantum. The rest of the companies are expected to receive $100 million, except for the startup Diraq, which is slated to get $38 million.

Several companies pursuing various approaches to quantum are slated to be awarded funds, including the publicly traded firms D-Wave Quantum, Rigetti Computing and Infleqtion.

The deals still need to be completed.

GlobalFoundries surged 15% on Thursday, while shares of the smaller publicly traded companies receiving funding—D-Wave Quantum, Rigetti Computing and Infleqtion—added roughly 30% or more.

The funding for the quantum deals comes from the 2022 Chips and Science Act, which includes money for earlier-stage technology projects. Commerce Secretary Howard Lutnick has overhauled the office, asking semiconductor companies to increase their domestic investments and taking a nearly 10% stake in Intel, which has seen shares surge since the unusual deal.

The government will receive a minority equity stake in each quantum company, adding to similar deals including the rare-earths magnet maker Vulcan Elements and the mining company MP Materials.

D-Wave said that all of its $100 million award would be an equity investment. It recently had a market value of more than $7 billion. Rigetti and Infleqtion said their deals would have a similar structure.

The department and many of the other quantum companies didn’t provide details about the exact size and structure of other equity stakes.

“The Trump administration is leading the world into a new era of American innovation,” Lutnick said in a statement.

The new funding comes as the administration works on an executive order focused on the industry, according to people familiar with the matter.

The Wall Street Journal previously reported the department was talking to quantum companies about funding and equity stakes.

Some tech analysts have said the quantum sector and others are too risky for the government to make equity investments, but Lutnick has argued that the deals are structured so taxpayers will ultimately benefit. A senior Commerce Department official said the agency did so many different deals to spread out its bets, acknowledging that it could take years for them to pan out.

“Everybody is excited about quantum because it is the next big thing. A lot of the expectations and hopes have yet to be realized,” said Dana Goward, president of the Resilient Navigation and Timing Foundation, a charity advocating for policies and systems to protect GPS satellites, signals, and users. One application of quantum has the potential to replace GPS, according to tech analysts.

IBM Chief Executive Arvind Krishna in an interview compared quantum to where AI chips were a decade ago and said the new business could generate billions of dollars a year in sales with high profit margins by the mid-2030s. The slate of deals “is a great statement of confidence that this industry is right around the corner within a couple of years,” Krishna said.

Krishna cited recent advanced simulations of proteins on IBM quantum computers that could aid dr-g discovery as an example of the sector’s progress.

Quantum executives said the amount of time it takes to make advancements in the field is falling thanks to the investments and research breakthroughs such as more powerful chips.

The other quantum startups expected to receive funding are Atom Computing, PsiQuantum and Quantinuum.

Last year, PsiQuantum raised $1 billion from investors including 1789 Capital, a venture firm in which Donald Trump Jr. is a partner. 1789 also backs Vulcan Elements, the rare-earth magnet startup the government has also invested in.

It seems that now our bonuses are also calculated with the WHAT and HOW scores. My manager created easy goals for a couple of colleagues who are her friends and asked them to copy paste them in the system. But with me, we used AI and my my goals are almost impossible to achieve. I don't think I shall get a good WHAT or HOW score even if I try too hard. And because the success of my goals is dependent on others, I am finding it hard to show that I am working harder than the colleagues with easier goals. Long story short, it feels like the new performance management makes it super easy for managers to give more bonus and salary appraisal to their friends. Is moving into another team my only choice? Are they really planning layoffs by giving bad scores? Some colleague was saying that a PiP means you don't even get severance and they can lay you off anytime. I can't ask my manager yet because she is very politik and cares more about networking than about our work. If the culture is only going to get worse I may even look for a job outside but there aren't many opportunities right now. I am based near Heidelberg in case that matters.

What happened to no politics in the workplace? The four political posters clearly showing on AG’s wall say differently. The privilege is astounding at least blur your background.

Last sentence - Now is the time.

Now is the time to quit sending that garbage but, since they don't care about anyone here in the least, it will continue.

I keep seeing some certain white dudes who never rose above Sr. Director at Nike (or anywhere!) promote themselves on LinkedIn as having been a Vice-President. Nothing says executive presence like a title from the imagination department. Anyone else see this out there??? WTF???

https://www.bloomberg.com/news/articles/2026-05-15/germany-s-merz-says-he-wouldn-t-advise-his-children-work-in-us?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3ODg0ODU2NiwiZXhwIjoxNzc5NDUzMzY2LCJhcnRpY2xlSWQiOiJURjJSUFlUOU5KTFMwMCIsImJjb25uZWN0SWQiOiJFMjYzRDA4MENGRjY0MDA0QjkyRDM1MEIwNTE4QjEzMCJ9.RUbY5XoiGe4klBSUVOd3eJKwVga-rsRbYtI7pMBuPMA

How Come Jamie Dimon of the Great "JP Morgan Chase" was not invited by President Trump on the China Trip?

I used to think working hard was the path to promotion, before I watched three people who barely do their jobs get ahead because they know the right people. Now I spend more time on politics than on actual work, and I feel no guilt. That's just how this place works.

Just curious, does our American counterparts unfairly compensated ? Seen so much hatred especially MW and his LT.

Other part of the world,in my side of the world, the trend is the mid-managers got the hatred due to poor leadership skills, not performing yet promoted due to some connections with some American leadership connections so called build relationship.

bravo you accomplished crooks and used car sales men !

https://www.reddit.com/r/Fauxmoi/comments/1t60uvl/nike_plans_to_support_trumps_ballroom_and_is/

Just look at the comments.

How much of a corporate bootlicker do you have to be to actually join the bank’s PAC? This place would drop you in a second without thinking twice, why waste even a second of your life on it?

UnitedHealthcare fires employee over TikTok comment on Trump shooting | Fox News https://share.google/OJn3zAmT6FLDpbjUK

• Were you the one writing AI first or AI driven in your linkedin profile?
• Did you posted that “ I would like to share that I recently completed blah blah blah AI course” too often in linkedin?
• Are you the one who bluffs in meetings and throw big words all day long but dont do sh-t?
• Did you kissed the bottom really well all these years?

I am geniunely curious. What did you do right?

BD Mebane has a very bad track record of hiring friends of HR and upper management along with management that can’t make decisions and push the blame on lower employees

• Chevron Signs In Contra Costa Blame California Politicians For High Gas Prices
  April 21, 2026 - 8:00 AM

Drivers filling up at Chevron stations across the region are being met with a bold and unmistakable message: “Sacramento policies did this. Now you pay more.”

The large signs, recently installed at multiple locations, feature an eye-catching image of a car wrapped in fuel hoses – a visual meant to symbolize the burden of rising gas prices. Beneath the headline, smaller text claims that California politicians are prioritizing foreign oil over local jobs and lower costs, placing the blame for high fuel prices squarely on state leadership.

The signage campaign appears designed to spark conversation – and controversy – among motorists already feeling the pinch at the pump. With California consistently posting the highest gas prices in the nation, the message taps into a growing frustration among drivers.

Adding to the push, each sign includes a QR code directing viewers to additional information. Chevron branding is visible, indicating the campaign is backed by the oil giant, though it stops short of directly advocating for specific legislation.

The rollout comes amid ongoing discussions in Sacramento over energy policy,
environmental regulations, and the state’s transition away from fossil fuels. Critics of current policies argue that regulations and refinery constraints contribute to higher prices, while supporters maintain those measures are necessary for long-term environmental and public health goals.

For now, the signs are doing exactly what they’re intended to do – getting people’s attention. Whether they shift opinions or policy is another question entirely, but at the pump, they’re hard to ignore

https://www.claycord.com/2026/04/21/chevron-signs-in-contra-costa-blame-california-politicians-for-high-gas-prices/

This is good news for all of us and very bad news for FIS.
Now FIS cannot replace your position even thru COGNIZANT.
They have to pay 200K salary.
Call your senator/congressman and ask to support this bill.

President Donald Trump commended insurance companies for their response to the January 2025 Los Angeles wildfires, while criticizing banks, particularly Wells Fargo & Co. Trump took to Truth Social on Thursday to praise insurance companies for “stepping up to the plate” and making “big progress” in treating homeowners affected by the disaster. However, he criticized banks for their inadequate response. He pledged to investigate their actions and urged them to treat the victims fairly. “Wells Fargo, in particular, has been very difficult to deal with,” wrote Trump.