Business News
Reference-Check Your Future Boss
Harvard Business Review - 23 May 2014 16:00
The interview process shouldn't be a one-way street.
Kenyan Mogul Naushad Merali Retires As Airtel Chairman
Forbes - 23 May 2014 22:23
Kenyan businessman Naushad Merali has retired as chairman of Bharti Airtel's Kenyan operations.
Apple, other tech firms formally agree to $325 million hiring accord
Reuters - 23 May 2014 20:32
(Reuters) - Four major Silicon Valley companies have formally agreed to pay $324.5 million to settle claims brought by employees accusing them of colluding not to poach each other's talent.
Politician Tries To Blame Another Guy With The Same Name After He's Busted Blocking Low Income Housing
Business Insider - 23 May 2014 16:31
New York Assembly Speaker Sheldon Silver, one of the three most powerful people in state government, had a rather novel excuse when the New York Times dug up evidence of him fighting attempts to build low income housing ...
This Photographer Asked Strangers To Touch Each Other, And The Pictures Are Incredible
Business Insider - 23 May 2014 23:18
For the last 7 years, photographer Richard Renaldi has gone to various parts of America to take portraits of strangers that make them look like friends, family members, or even lovers. The point of the project, Renaldi s...
23 Awesome Photos From The Berlin Air Show
Business Insider - 23 May 2014 22:33
The 2014 edition of the Berlin Air Show took place this week at Berlin ExpoCenter Airport, with festivities both in the air and on the ground. First held in 1909, the air show proclaims itself to be the longest-running s...
The FT Isn't Just Saying Piketty Made A Mistake -- It's Saying He Manipulated Data
Business Insider - 23 May 2014 21:44
Financial Times economics editor Chris Giles says French economist Thomas Piketty's best-selling "Capitalism in the 21st Century," about rising inequality in the West, contains serious errors that undermine his conclusio...
Wonkblog: We almost fixed the credit card industry. Here's what's left to do
Washington Post - 23 May 2014 18:24
Not too long ago, credit card companies could jack up your interest rate or change your payment due date without warning, a tactic that, not surprisingly, led to late payments. And if you paid late or exceeded your credi...
Business Briefing: W.T.O. Upholds Ban on Importing Seal Products
The New York Times - 23 May 2014 02:01
The World Trade Organization upheld the European Union's ban on the import of seal pelts, oil and meat on moral grounds.
How Warren Buffett Would Cash In On Mobile Home Deregulation
The Huffington Post - 23 May 2014 03:35Your startup does best when your employees can challenge & disagree with you
Venture Beat - 23 May 2014 06:00
Guest Post: Whether you run your own company or work for a great one, it's important to always challenge the status quo and pursue constant improvement. Never let "that's just how we've always done it" be a phrase that's...
Time Inc. to Leave Midtown After 55 Years
Wall Street Journal - 23 May 2014 05:58
Time signed a lease with Brookfield Office Properties Inc. to take 700,000 square feet of space at 225 Liberty St., which is part of the complex formerly known as the World Financial Center.
A Modest Proposal For Licensing Patents
Forbes - 23 May 2014 04:35
Many people in the technology licensing field paid close attention to the experiment conducted by Penn State University when they licensed 59 portfolios of patents through an online auction during a two week period in ea...
U.S. Stocks Are Attempting To Break Out Again
Forbes - 23 May 2014 03:38
U.S. stocks are attempting to break above their key resistance levels after last week's failed breakout.
Looking Back: The Incredibly Fast Rise And Fall Of The Struggling E-Commerce Startup Fab
Business Insider - 23 May 2014 03:12
More bad news hit the struggling e-commerce startup Fab last night: The company sent an email telling many of its employees not to show up to work today, likely ahead of the extreme New York City layoffs rumored last wee...
Coca-Cola to launch 'glacéau smartwater' in Britain
Reuters - 23 May 2014 02:57
(Reuters) - Coca Cola is expected to launch a new product - "glacéau smartwater" - in Britain, aimed at the country's 1.4 billion pound ($2.4 billion) bottled water market, a decade after its Dasani brand failed in the ...
Indian bonds set for biggest weekly gain since November on cash
livemint.com - 23 May 2014 08:48
India's overnight interbank borrowing rate has slid to 7.1% from 9% at the end of last month
Private Equity Backs Off on European Deals
Wall Street Journal - 23 May 2014 02:57
Entrepreneurs and wealthy families are beating private-equity firms in Europe at their own game--leveraged buyouts.
$200 Million Could Curb Pension Cuts in Detroit
The New York Times - 23 May 2014 02:46
The Michigan State House on Thursday agreed to contribute nearly $200 million in state money for a deal to spare Detroit's retirees from larger pension cuts.
Competing Visions for Russia's Economic Future
The New York Times - 23 May 2014 02:34
The St. Petersburg International Economic Forum aims to woo foreign investment, but the event is under a cloud this year as Russia stands on the verge of recession.
Housing Recovery a Tricky Balancing Act
Wall Street Journal - 23 May 2014 02:33
Ahead of the Tape: Builders responded to the housing bust by building far fewer homes. But it appears they weren't conservative enough.
Friday Sector Laggards: Energy, Utilities
Forbes - 23 May 2014 20:46
The worst performing sector as of midday Friday is the Energy sector, showing a 0.3% loss. Within that group, Diamond Offshore Drilling (NYSE: DO) and Cameron International (NYSE: CAM) are two of the day's laggards, show...