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CEO Daily for March 30, 2018



<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Good morning. Happiness Digital editor Andrew Nusca here representing Alan. "Data-reactid =" 15 "> Good morning. Fortune digital editor Andrew Nusca here, fill in for Alan.

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – -sm" type = "text" content = "The summer demand for H-2B visas for seasonal or temporary non-agricultural work from tourist resorts to fisheries exceeds supply Some legislators have tried earlier this month to get an increase – there is an annual ceiling of 66,000 divided between the summer and winter – but failed Their argument: With an unemployment rate in the US of only 4.1%, companies need foreign workers, where Americans are scarce Counterargument: companies have only to make more effort.) "data-reactid =" 16 "> Summer demand for H-2B visas for seasonal or temporary non-agricultural work from tourist resorts to fisheries is again outstripping supply. Some lawmakers have tried to increase at the beginning of the month – there is an annual ceiling of 66,000, split between the summer and winter seasons – but failed. Their argument: With an unemployment rate of only 4.1% in the US, companies need foreign workers, in which American workers are in short supply. (The counterargument: Companies just have to make an effort.)

The situation puts the Trump government in a somewhat precarious position, putting part of the business world against its America-first policy. (It also puts the President in an awkward position as some of his personal traits occupy this type of worker.) With a record 81,000 requests for Summer H-2Bs, it's clear the business world needs relief. Whether the government in its second year can better balance politics and economics, well, that's the question.

The news below. Have a wonderful weekend.

Top News

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "Text" content = " Walmart & # 39; s Largest Deal "data-reactid =" 20 "> Walmart's Largest Deal

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) –sm Mt (0.8em) – sm "type =" text "content =" Walmart is reportedly going to buy the insurer Humana in a further mega deal in preliminary talks that would make a big splash in the healthcare industry, with a market capitalization of $ 37 billion Probably the largest takeover of Walmart and would make the largest retailer in the world the drugstore king. Wall Street Journal "data-reactid =" 21 "> Walmart is reportedly in preliminary talks to the insurer Humana in another mega deal which would make big waves in the healthcare industry. With a market capitalization of approximately $ 37 billion, Humana would be Walmart's largest acquisition. It would also turn the world's largest retailer into a drugstore king. Wall Street Journal

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Global M & A becomes real "data-reactid =" 22 "> Global M & A becomes real

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Speaking of business: Global mergers and acquisitions reached a record $ 1.2 trillion in the first quarter of 2018 (including: Cigna-Express Scripts, E.ON. RWE.) Clarity on taxes and strong equity and credit markets made confidence in corporate bosses more aggressive: M & A's volume increased significantly in Europe and the US and slightly in Asia. Reuters [19659007] "data-reactid =" 23 "> Talking of business: Global mergers and acquisitions reached a record $ 1.2 trillion in the first quarter of 2018. (Including: Cigna-Express Scripts, E.ON-RWE.) Clarity on taxes and strong equity and credit markets have strengthened confidence in corporate executives. M & A volumes increased significantly in Europe and the US and slightly in Asia. Reuters

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Trump's Trade Zeal "data-reactid =" 24 "> Trump's Trading Zeal

<p class =" Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8 em) – sm "type =" text "content =" At his first public appearance in almost a week, the US President applauded a new trade deal with South Korea, but suggested that he would delay it as a lever in ongoing negotiations with North Korea over its nuclear program. "You know why?" he asked, "because it's a very strong card." The comments underlined efforts by the White House to promote the initiative. New York Times "Data reactid =" 25 "> At his first public appearance in For almost a week, the US President applauded a new trade agreement with South Korea, but suggested that he use it as a lever in l would delay negotiations with North Korea over its nuclear program. "Do you know why?" He asked. "Because it's a very strong card." The statements undercut the efforts of the White House to promote the initiative. New York Times

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Facebook's data game "data-reactid =" 26 "> Facebook's data game

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm " type = "text" content = "In an internal memo from 2016, a top social networking company manager weighed the cost of doing business with the value of their mission:" We connect people That's why all of our growth work is justified "wrote the executive." All the questionable practices when importing contacts. All the subtle language that helps people stay searchable through friends. All our work to bring more communication. "The work we'll probably do sometime in China, all that." Facebook's data collection practices continue to be scrutinized. BuzzFeed "data-reactid =" 27 "> In an internal memo written in 2016 a top executor ive at the social networking firm weighed the cost of corporate practice with the value of their mission." We connect People. Period. That's why all our work in growth is justified, "wrote the executive." All the questionable contact import practices. All the subtle language that helps people to search through friends. All the work we do to create more communication. The work we are likely to do in China someday. All this. "Facebook's data collection continues to be scrutinized. BuzzFeed

Around the Water Chiller

<p class =" Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Cathay's wardrobe function "data-reactid =" 29 "> Cathay's wardrobe function [19659005] <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "After more than 70 years in which the female flight attendants To wear skirts, Cathay Pacific, one of the largest airlines in Asia, will allow them to wear pants (that is, pants). Flight attendant unions earlier this month urged Cathay to drop his skirts-only policy. (His uniform for female flight attendants contains a red skirt, black stockings and black heels.) It remains one of the few airlines in Asia to make the change. The Guardian "data-reactid =" 30 "> After more than 70 years demanding their female flight attendants to wear skirts, Cathay Pacific, one of Asia's largest Airlin It allows them to wear pants (ie pants Flight attendant unions earlier this month Cathay called for his skirts-only policy to be dropped (his uniform for female flight attendants includes a red skirt, black stockings and black heels.) It remains one of the few airlines in Asia to make the change. The Guardian

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Microsoft's Major Reorganization " data-reactid = "31"> Microsoft's Reorganization

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" On Thursday, the CEO of Microsoft, Satya Nadella, unveiled an overbook Developing the organizational chart of the company that will strengthen its most powerful businesses (such as the Azure cloud platform and its Business Productivity Suite) Office 365) and no longer rely on Windows: Nadella Lieutenant Terry Myerson, who led the latter group, will retire go. Fortune "data-reactid =" 32 "> On Thursday, Microsoft CEO Satya Nadella unveiled a revision of the Org chart, which aims to bring its most powerful companies (such as the Azure cloud platform and its Business Productivity Suite Office 365) and disable Windows Nadella Lieutenant Terry Myerson, who led the latter group, will retire. Luck

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Time Warner-AT & T's admonition "data-reactid =" 33 "> Time Warner- AT & T's Exhortation

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) –sm Mt (0.8em) – sm" type = "text" content = " On the fifth day of antitrust proceedings, lawyers from media giant Time Warner argued that the US government could provide evidence of their proposed sale to AT & T. TWX lawyers even managed to e to get witnesses from the Comcast government to substantiate their argumentation on cross-examination. Bloomberg "data-reactid =" 34 "> On the fifth day. According to a cartel court, the lawyers of the media giant Time Warner, that the US Government 's evidence that the proposed sale to AT & T might disadvantage its rivals was disconnected from the real world, and TWX attorneys even managed to win a witness of the Comcast government to cross – reference their argument underpin. Bloomberg

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Huawei 5G Orchestration "data-reactid =" 35 "> Huawei's 5G Orchestration

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8 The US government can call its progress in 5G radio technology a threat to national security n, but the Chinese telecom giant is already working to influence colleagues by sending large representative teams to industry meetings to "flood" talks with technical recommendations. Analysts are widely convinced that China will lead the 5G push. Wall Street Journal "data-reactid =" 36 "> The US government may describe its advances in 5G radio technology as a national security threat, but the Chinese telecom giant is working to influence peers anyway He sends large teams of agents to industry meetings to "flooding" talks with technical Reco. Analysts are widely convinced that China will lead the 5G push. Wall Street Journal

<p class = "Canvas -Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" This edition of CEO Daily was edited by Andrew Nusca . Find earlier editions here and subscribe here for other Fortune Newsletters . "Data-Reactid =" 37 "> This edition of CEO Daily was published by Andrew Nusca .Find earlier editions here and sign up for other Fortune News. [19659037]
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