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☆ Walmart, Chipotle are splitting the wealth of a record stock market in a way they haven't in decades
▼ + stars: | 2024-03-31 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

For Chipotle, it's the first stock split in the company's 30-year history, and its announcement echoed Walmart's. Both are hoping, through the availability of an employee stock purchase plan and financial education, they'll get more workers to invest. Chipotle, even further out on the market chart, has shares nearing $3,000 — its stock split is to be effective June 26. ESPP versus fractional sharesEven without a stock split, employees could have already purchased shares of their company, or at least fractional shares, through a brokerage account. Company stock and financial educationSplitting a stock and having a generous ESPP can only go so far when it comes to encouraging employees to buy the company stock.

Persons: they'll, Michael Kestenbaum, Chipotle, Dan Kapinos, Clemens Kownatzki, Aalap Shah, Pearl Meyer, SoFi, Kownatzki, Larry Fink, Kestenbaum Organizations: Walmart, Companies, West Coast, Google, Pepperdine Graziadio Business, Khan Academy, Lyra Health Partners, Bank of America, Employees Locations: Aon

☆ What Walmart’s new focus on employee stock could mean for the wealth of the average American household
▼ + stars: | 2024-02-03 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +9 min

Walmart is offering its store managers stock grants, which based on a manager's store format, can range between $10,000 and $20,000. It's not only managers that Walmart wants to encourage to buy into stock ownership. 1 employer, Walmart's decisions are likely to have significant ripple effects and could even lead to broader equity ownership among rank-and-file employees. Already companies such as Ingersoll Rand and Harley-Davidson have taken steps to broaden stock ownership to employees. "Stock ownership is a pillar of worker financial wellness."

Persons: John David Rainey, Chris Taylor, It's, John Furner, Doug McMillon, Biden, Marc Roloson, Aalap Shah, Pearl Meyer, Shah, Brian J, Albert H, Gordon, Stacey Kole, Ed Rataj, Michael Kestenbaum, Gallagher, Peter Follows, Kole, Ingersoll Rand, Davidson, Martin Whitman, Whitman, Pete Stavros's, Walmart's, Harvard's, WTW's Roloson Organizations: New York Stock Exchange, Walmart, International, NYSE, LinkedIn, Companies, Business Administration, Harvard Business School, The University of Chicago Booth School of Business, CBIZ, Carpedia, Harley, Just Locations: U.S

☆ Israeli hostage posters at Harvard vandalized with antisemitic messages
▼ + stars: | 2024-01-23 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —Israeli hostage posters that were hung up at Harvard University had been vandalized with antisemitic messages just as students returned from winter break. Footage shared with CNN by Harvard student Alexander Kestenbaum shows a handful of hostage posters defaced with messages such as “Israel did 9/11.” A poster of a four-year-old Israeli hostage was defaced, while “LIES FAKE” was scrawled over another hostage poster. Photos and videos geolocated by CNN indicate the vandalized posters were hung just outside Holworthy Hall, a first-year student dorm located on the northern edge of Harvard Yard. The Harvard spokesperson said the vandalized posters near the Thayer Gate have been removed and the Harvard University Police Department is investigating the incident. “Instead, they were confronted with vandalism, the defacement of hostage posters, and vile antisemitic conspiracy theories.

Persons: ”, Alexander Kestenbaum, Israel, “, It’s, Kestenbaum, Claudine Gay’s, Jonathan Greenblatt, ” Greenblatt, Getzel Davis, ” Davis, Alan Garber, ” Garber, Larry Summers, Derek Penslar, Summers, Penslar, nauseous, Celina Tebor, Michelle Watson, Nic, Anderson Organizations: New, New York CNN, Harvard University, Harvard, CNN, Harvard Yard, Harvard University Police Department, Cambridge, Visitors, Harvard’s, Equity, Diversity, Defamation, Harvard Hillel, American Academy for Jewish Research, Columbia University, NYPD, Columbia Locations: New York, Harvard’s, Holworthy, Cambridge , Massachusetts, Israel

☆ Opinion | Universities Are Failing at Inclusion
▼ + stars: | 2023-11-16 | by ( David Brooks | ) www.nytimes.com time to read: +1 min

Over the past five weeks, Jewish students on America’s campuses have found themselves confronted with those who celebrate a terrorist operation that featured the mass murder and reportedly the rape of fellow Jews. They see images of people tearing down posters of kidnapped Jewish children. At M.I.T., Jewish students report that they were told by some faculty members to avoid the university’s main lobby — which had been the site of a pro-Palestinian protest — for their own safety. I’ve been teaching on college campuses off and on for 25 years. It’s become increasingly evident to me that American adolescence and young adulthood — especially for those who wind up at elite schools — now happen within a specific kind of ideological atmosphere.

Persons: Rabbi Nomi Manon, Hillel, ” Shabbos Kestenbaum, I’ve, It’s Organizations: Cooper Union, University, Albany, Albany Times - Union, “, Harvard Divinity School, ” Universities Locations: M.I.T, American

☆ Opinion | Was the Supreme Court Right to Block Biden’s Student Loan Forgiveness Plan?
▼ + stars: | 2023-07-04 | by ( ) www.nytimes.com time to read: +1 min

How have higher education fees soared so high that so many students are forced to borrow big dollars to pay the bills? Has the quality of our higher education in any way tracked these rising costs? Stephen BlankNew YorkThe writer is a retired professor of international business at Pace University. To the Editor:We should not ignore the impact of the way student loans are structured. The student loan industry is preying upon people for whom borrowing may be the only option to receive a college education.

Persons: Peter Kestenbaum, Stephen Blank Organizations: Stephen Blank New, Pace University Locations: Peter Kestenbaum Philadelphia, Stephen Blank New York

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