Stocks Slip As U.s.-china Trade Talks End; Macy's Nosedives

The retired U. S. Army General and National Security Agency director will also join the OpenAI board’s Safety and Security Committee. OpenAI has added retired U. S. Army General and National Security Agency Director Paul Nakasone to its board of directors. It’s the latest move at the AI firm that’s been dealing with continued reshuffling since CEO Sam Altman was temporarily ousted last fall, including a number of recent high-profile departures.

A new report by Lean In finds that Latinas face the greatest hurdles to climbing the corporate ladder. While the gender pay gap persists for all women relative to their white male counterparts, it has long been widest for Latinas, who are paid 46% less than white men and 26% less than white women.

Shein’s average price hikes exceeded those of its rivals H&M and Zara. Fast-fashion retailer Shein, known for its China-made $5 tops and $10 dresses, has hiked prices by over a third on some core products, in a move likely to boost revenues ahead of its planned IPO, according to an analysis of its pricing strategy.

This year, GameStop’s volatile shares have jumped 45% and trade around $25, after Gill revealed publicly this month a $116-million investment in the company. When Keith Gill appeared on a YouTube video in the summer of 2020 to discuss GameStop, he argued that the company’s future was far rosier than the market expected.

In the span of just over a year, the Boston office of the financial planning firm Northwestern Mutual has opened a new downtown office and a smaller one in Middleton, as well as launched three new employee-affinity groups.

With unemployment rates so low, you may expect workers to have a wandering eye for other opportunities. But data shows that’s not the case these days in the Boston area among this year’s Best Places to Work companies.