Daily Red Alert - 11/11/22
Relevant Press
Report: More California companies moving headquarters out-of-state than ever before - CBS News
"It's an unprecedented exodus. More California company headquarters are relocating out-of-state than ever before, according to a new report published by the Hoover Institution. In all, 153 California corporations relocated in 2021, which was double the number from a year earlier. The top five states the companies relocated to are Texas, Tennessee, Nevada, Florida and Arizona.”
US Families Have Lost $7,400 in Income Due to Inflation, Heritage Foundation Says - The Epoch Times
“Despite the annual inflation rate easing to below 8 percent in October, working families have still lost thousands of dollars in income under the current administration, says The Heritage Foundation in a new report.”
10 military veterans who became Fortune 500 CEOs - Fox Business
“In 1980, 59% of CEOs in U.S. public corporations had some form of military background, according to Vista College. In 2009, that percentage had fallen to 8%.”
Inflation still gave millions of workers a pay cut in October, despite slowdown - Fox Business
“The U.S. Department of Labor reported on Thursday that average hourly earnings for all employees actually declined by 2.8% in October from the same month a year ago when factoring in the impact of rising consumer prices. On a monthly basis, average hourly earnings dropped by 0.1% last month when accounting for the inflation spike.”
Why tracking DEI initiatives and disclosing them is imperative for business - CNBC
“As companies scramble to attract and retain talent, a growing focus on how to improve diversity, equity, and inclusion initiatives is gaining strength.”
RedBalloon in the News
ICYMI: How to Engage and Win in the Woke Workplace - iPatriot
“Many employees today bemoan the woke workplace – the exaltation of diversity over merit, the struggle sessions disguised as ‘trainings,’ the ostentatious display of ‘preferred pronouns,’ the mandated injections of an experimental vaccine. It seems employees are being paid for ideological compliance, rather than for their labor.”
The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.