U.S. nurse median pay hits $97,550 as bedside ranks thin
The riots sweeping France have rocked the country’s political establishment, and Meichtry wrote that Le Pen, whom she described as the far-right leader, is positioned to emerge from the unrest with a strengthened hand. Le Pen has long cast France as a nation adrift, buffeted by waves of immigration and lawlessness that she says have torn at the country’s social fabric.
Bands of rioters have descended on city centers across France, raiding city halls and looting thousands of stores, according to Meichtry. President Emmanuel Macron’s government struggles to maintain control, and Le Pen has sought to present herself as the sole candidate in next spring’s presidential election willing to restore order. Meichtry wrote that Le Pen’s approach “has given her an air of inevitability in her pursuit of France’s highest office.”
The same edition of the Journal’s 10-Point newsletter turned to the U.S. nursing workforce, where pay and education have climbed even as nurses leave the bedside.
America’s nurses are more educated and better paid than ever, Te-Ping Chen reported. Most hold bachelor’s degrees, and median annual income has grown since the pandemic to $97,550. Their hands-on work is not easily automated away, and nursing schools have seen their ranks swell, minting thousands of new graduates every year. At the same time, Chen wrote, burnout and complaints about understaffing, verbal abuse and workplace violence are pushing many nurses off the front lines and into other careers where their skills are in high demand.
In a first-person report, the Journal’s Annie Linskey returned to Greenwich, Conn., the town where she grew up, to gauge what some of the town’s leaders and donors were thinking as Donald Trump’s final midterms approached. Greenwich, she wrote, has been shorthand in political circles for one word: fundraising. Linskey described Democratic and Republican donors opening their homes for parties where candidates for office mingle, drink wine, munch on appetizers and take questions from people the hosts hope will fund their campaigns. Among the Democrats and Republicans she encountered, Linskey found a similar refrain: “Politics in the U.S. has got too extreme.”
Real-estate giant CBRE is acquiring Onnec, a London-based company that equips data centers, in a $1 billion deal the Journal called the latest sign that commercial real estate is tying its growth to the AI spending boom. CBRE has agreed to pay about $610 million in cash, plus up to $400 million tied to growth targets over several years. Onnec’s 800 employees install and maintain cabling and equipment racks inside data centers for major technology companies in Europe and Asia-Pacific.
The newsletter also profiled Kyndall “Fire” Magyar, cruise director of the Carnival Jubilee, whom the Journal described as the social engine of one of the world’s largest cruise ships. The Journal reported that Carnival Cruise Line fans rework their itineraries to ensure they will be on her ship, that several hundred thousand social-media followers track her comings and goings, and that onboard she can hardly walk a few feet without being stopped for a hug or selfie. Her days can start at dawn and end after midnight.
The edition’s lead item, by Editor in Chief Emma Tucker, took readers inside the streaming giant’s year of mounting troubles. The Journal reported that last week the company abruptly replaced content chief Bela Bajaria just hours after a layoff of 1,000 employees that she helped engineer, and that by Monday film chief Dan Lin was out too. The Journal said the ousters signal that the streaming giant’s leaders feel the service needs a creative overhaul, and reported that co-Chief Executive Ted Sarandos had complained internally for months that Americans were spending less time watching Netflix and that the service was short on new hit shows. Netflix was set to report third-quarter earnings after the closing bell and would try to answer Wall Street’s questions about its strategy, according to the Journal.
The 10-Point newsletter was curated and edited by Morgan Smith and Bryony Watson in collaboration with Editor in Chief Emma Tucker.