John A. Parnell, Ph.D.
Huawei purchased a one-page “open letter to the US media” in yesterday’s Wall Street Journal: “Don’t believe everything you hear. Come and see us.” The Chinese company is attempting to repair its image and deflect pressure from the Trump administration. https://twitter.com/AdamJanofsky/status/1101141848578506752 In an interview this morning with Fox Business anchor Maria Bartiromo, Huawei’s Chief Security […]
Read MoreOn Thursday, Amazon abandoned its plan to build a large campus in Queens and allegedly create 25,000 jobs for New Yorkers. The original deal involving $3 billion in government “incentives” was considered an economic victory by Mayor Bill de Blasio and Governor Andrew Cuomo but was derailed by a huge backlash from progressive activists and […]
Read MoreIf you have been following my blog, the ongoing chaos in Venezuela was entirely predictable. It remains the most underreported story on legacy media. Here’s an abbreviated storyline: Nicolás Maduro recently won reelection in a sham vote. Two weeks after he was sworn in for a second term, Juan Guiadó assumed the interim presidency, citing […]
Read MoreOur founders created a system of limited government to minimize our dependence on Washington. They were pragmatic, but they never intended that policy be dictated by politics. Things have changed. With a national debt of $22 trillion, unfunded liabilities exceeding $200 trillion, and U.S. troops stationed all around the world, separating politics from policy is […]
Read MoreFacebook founder and CEO Mark Zuckerberg has received constant criticism for his condescending view of consumer privacy. As reported in the Wall Street Journal, the U.K. Parliament last week released a trove of internal Facebook emails that suggested the tech giant provided special access to user data to certain third-party developers. Several years prior, the […]
Read MoreI addressed Amazon’s new $15 minimum wage in my last 2 posts. After attributing the wage hike to the firm’s commitment to social responsibility, CEO Jeff Bezos announced plans to lobby Washington to require his competitors to pay $15 as well. Last week, Amazon announced its plans to build two new headquarters in Long Island […]
Read MoreAmazon’s minimum wage is now $15 per hour. CEO Jeff Bezos says the change is all about “doing the right thing,” but he also wants government to mandate the company’s new minimum wage to his competitors. I questioned his motives in my last post, but a colleague vehemently disagreed. She insisted that “companies need to […]
Read MoreEffective November 1, Amazon will pay all of its employees a minimum of $15 per hour. According to CEO Jeff Bezos, “We listened to our critics, thought hard about what we wanted to do, and decided we want to lead. We’re excited about this change and encourage our competitors and other large employers to join […]
Read MoreI just returned from an 11-day visit in Beijing. This time I expected to hear a lot about the ongoing trade dispute between China and the US, as business between the two countries is always a hot topic. I had several interesting discussions, but heard a lot less than I expected. The graduate business students […]
Read MoreJack Ma is chairman on Alibaba, China’s version of Amazon. He is one of the wealthiest and most influential business executives in China and across the globe. At the World Artificial Intelligence Conference in Shanghai earlier this week, he argued for a clear demarcation between firms and governments. “I personally think that the government has […]
Read More