Spend Matters Afternoon Coffee

"A kind of futures contract on high-skill labor."
Skilled Students Are Hot Product in U.S. Corporate Supply Chain -- Kevin Peterson, who helped General Electric Co. redesign a tool to speed up the disassembly of gas turbines last year, is listed on the patent application as one of the inventors. Now, at the age of 20, he is working on a rocket-launch system in Alabama for Boeing Co. Peterson, a rising senior at Virginia Polytechnic Institute and State University in Blacksburg, is one of the hottest new products in corporate America's supply chain: a kind of futures contract on high-skill labor.

Most food workers face higher levels of food insecurity.
The Hands That Feed Us -- Today, the Food Chain Workers Alliance releases a new report, The Hands That Feed Us: Challenges and Opportunities for Workers Along the Food Chain, the first of its kind that looks at wages and working conditions of workers across the entire food chain – a sector that employs 20 million people in the U.S., comprising one-sixth of the nation's workforce. The Hands That Feed Us is based on nearly 700 surveys and interviews with workers and employers in food production, processing, distribution, retail and service, which collectively sell over $1.8 trillion dollars in goods and services annually, accounting for over 13 percent of the nation's Gross Domestic Product.

Innovation.
Panasonic Steps Up Its Solutions Game -- Since Japan Inc took a major body blow in 1990, the remains of the Japanese zaibatsu -- the large conglomerates assembled over decades, centuries, even, out of the interests of ancient Samurai families and former sake vendors -- have been on the ropes. Formerly great names like Sumitomo, Mitsui, and Mitsubishi as well as outfits less well known outside Japan like Yasuda, Furukawa and Nakajima have faded into the background on the international scene, outmaneuvered and outplayed by younger nimbler firms in Japan as well as by American and European companies. More recently, they have been challenged by rising Asian titans from, initially, Taiwan, then Korea, and finally Mainland.

Ha!
Unbelievable: Top Ten Hacked LinkedIn Passwords -- In a Top Ten list worthy of David Letterman, cyber security firm Rapid7 has released an infographic (see below) that includes the top 30 LinkedIn passwords that hackers (easily) cracked last week. This story makes clear the companies are lax with our data AND that many users are lax with their own security.

- Sheena Moore

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