International Business Machines Corp. announced Wednesday that it has created a more powerful quantum computing chip, the next step in its years-long effort to build quantum machines capable of delivering business value to companies. The 433-qubit Osprey chip, unveiled at IBM‘s annual Quantum Summit in New York, has more than three times as many qubits … Read more
Jae Evans joined Oracle corp as its chief information officer in April 2020, just as the company was navigating myriad uncertainties and office closures due to the Covid-19 pandemic. Overseeing a new information technology department was especially complex at the time, said Ms. Evans, who in addition to managing technology needs for 170,000 employees, is … Read more
International Business Machines Corp. announced Wednesday that it has created a more powerful quantum computing chip, the next step in its years-long effort to build quantum machines capable of delivering business value to companies. The 433-qubit Osprey chip, unveiled at IBM‘s annual Quantum Summit in New York, has more than three times as many qubits … Read more
As the Federal Reserve keeps raising rates, many Americans are razing their financial plans. With an additional Fed rate increase expected Wednesday, financial advisers say some money decisions, like paying off credit cards, should be treated with greater urgency. Others, such as buying a home, might be better to put off, they say. “It’s time … Read more
Amazon Music will extend a full catalog of music and podcasts without ads to its members under the existing $139 annual Prime membership fee, the company said, seeking to draw more customers to its audio services. Starting Tuesday, Prime members, who have been so far able to listen to about 2 million songs for free, … Read more
The math on when and how to retire is shifting for millions of workers with pension plans. Blame the steep rise in interest rates. When workers retire with a pension, many are given a choice between receiving a monthly income for life or taking a lump-sum payment. Many pick the lump sum, and those payout … Read more
The Social Security Administration has adjusted benefits payments annually for inflation since 1975 to ensure the approximately 70 million retirees and disabled people who receive Social Security won’t see their benefits eroded by inflation. The amount of each year’s increase is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers. The … Read more
Millions of retirees will get friendly reminders from their banks and brokerages in coming weeks to take required withdrawals from their 401(k)s or other retirement accounts by the end of the year. The annual ritual might feel particularly painful this time, with the S&P 500 down nearly 25% for the year through September. Many retirees … Read more
I see Garmin‘s GRMN 2.97% sensor-packed smartwatches everywhere. Most riders in my cycling group wear them. On a recent trip to a 30-person refuge in the Alps, I counted no fewer than 11 Garmin wearers. My husband, Will, has worn one daily for years. For sporty types, there’s a cultish aura around the chunky, rugged … Read more
Twelve Starbucks stores petitioned for representation by the Starbucks Workers United union in September, down from a peak of 71 in March, National Labor Relations Board records show. The eight petitions filed in August marked the smallest number since December, when the first Starbucks cafe voting to unionize led to a wave of other locations … Read more