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NetWire arrowsApril 28, 2011
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Federal Reserve Chairman Ben S. Bernanke signaled the Fed will maintain its record monetary stimulus after ending large-scale bond purchases in June, while the need to contain inflation means further easing is unlikely. (Bloomberg)
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Leery of increasing employment during an uncertain recovery, recession-weary companies have become more willing to take on senior level temporary workers like Raffia who often can make between $90,000 and $200,000 per year, on an hourly basis. As the recovery gathers steam, analysts and executives expect the practice to accelerate. (FINS)
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Nielsen
Career
So you would think being told that, due to practice and learning, you have gotten smarter (or more creative, eloquent, or charming) would be welcome news. Don't we all want to improve? And aren't we all happy when we do? Yes ... . and no. For many of us, improvement - while objectively a good thing - is also, often unconsciously, anxiety-provoking. (Fast Company)
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Objections are neither literal nor logical. The meaning behind an objection may be quite different from the words that come out of your contact's mouth. (CNN)
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Novo Nordisk, Inc.
International
Called Start-Up Chile, the program offers a $40,000 grant and a one-year work visa to entrepreneurs who agree to stay in Chile for six months. The initiative also offers an entrée into the country's tight circle of well-heeled venture capitalists, whose investments are being matched as much as 3 to 1 by the Chilean government. (Inc.)
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A wide range of Japanese economic data released Thursday confirmed a deep hit from the March 11 earthquake and tsunami, although the figures also contained a few bright spots. (MarketWatch)
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University of St. Thomas
Education
Public schools fare well in Businessweek's cost-benefit analysis of college business programs, earning graduates nearly $5 for every $1 spent on annual tuition. (Bloomberg/Businessweek)
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Just thinking about the cost of an MBA is enough to give you a case of angina. But before you start searching for your insurance card and calling 911, remember that this is an investment in your future, an investment that should teach you the practical application of calculating an ROI (return-on-investment), which is almost certainly positive. (Poets and Quants)
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NBMBAA
Since inception more than $5 million has been awarded to undergraduates, graduates and doctoral students. Scholarship awards range from $1,000 - $15,000. We are accepting applications until May 15. Please visit our Scholarship Programs section for more information.
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Naylor, LLC
Technology
Both were media-consumption game changers. But why did the iPod spark Apple's media empire while TiVo had to turn to suing companies that capitalized on its innovations? (Fortune)
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The Flip, a quick and easy video recorder that captures spontaneous moments for instant uploading to YouTube, is about to fold. Cisco Systems, which bought the Flip just two years ago, is closing the business in a move that illustrates how rapidly evolving technology and business strategies can force major corporate flip-flops. (Knowledge@Wharton)
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Entrepreneurship
Experiences are a distinct economic offering – as distinct from services as services are from goods. Experiences are memorable events that engage each customer in an inherently personal way and thereby create a memory as the hallmark of that experience. (Harvard Business School)
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How a unique customer-donation program helped a small cafe pay for energy-efficient lighting. But will this fund-raising method gain traction? (Entrepreneur)
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The Economy
Home prices in February sank 3.3% to just above the post-crisis lows reached in April 2009. It was the seventh straight month of declines. (CNN/Money)
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Personal Finance
One of the greatest challenges in retirement is figuring out how to convert a pile of savings accumulated over a lifetime into a monthly stream of income that you can't outlive. The issue is gaining new urgency as the oldest of the baby-boomers start turning 65 this year. They are ushering in a new era in which retirees must anticipate longer life spans, stock market volatility, low interest rates on savings and rising health care costs. (Kiplingers)
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While the rest of us might not be weighing the pros and cons of a full-time household staff, we can still pick up some pointers from Middleton's habits. Here are six royal lessons in frugality, courtesy of the newest member of the Windsor family. (U.S. News and World Report)
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Corporate America
Rising oil prices are causing headaches for the nation's airlines and hotel companies. But with some advance planning and strategic maneuvering, business travelers can avoid bearing the brunt of price increases. (Portfolio)
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Government
The former Pistons star and current Detroit mayor on trying to reshape a city with dwindling resources and a shrinking population. (Bloomberg/Businessweek)
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Leadership
Your employees constantly watch you. Say the wrong thing, no matter how unintentionally, and at the very least you send the wrong message. Sometimes what you say can even destroy employee morale.(bNet)
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Lifestyle
Whether you're planning a hike through the Grand Canyon or a tour of Tuscany this summer, expect to pay more to get there and to spend the night. Rising oil prices are driving up the cost of airfares and gasoline at the pump. And a weaker dollar is making hotels and meals more expensive abroad. (Smart Money)
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