Deutsche Telekom AG may never get as good a deal for T-Mobile USA as it did with AT&T Inc. AT&T agreed in March to pay $39 billion for Deutsche Telekom’s U.S. mobile-phone unit, a takeover that the Justice Department yesterday sued to block.(Bloomberg)
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Three Nobel economists share their thoughts on America’s future, what went wrong, and what can be done to fix things. (Newsweek)
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The Institute for Policy Studies' Annual Survey of corporations and their CEO found that 25 major U.S. corporations last year paid their chief executives more than they paid Uncle Sam in federal income taxes. (Institute for Policy Studies)
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As the job market slowly begins to pick up, hiring managers are breaking out their creaky interviewing skills. For the many people thrown into the new role of interviewer with little or no preparation, experts suggest keeping the focus narrow when weighing candidates. (Fortune)
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After three years of a recession-tinged job market, employment seekers have been stuffed to the gills with résumé-writing tips and best-in-class answers to tricky interview questions. Certain applicants, however, face a uniquely high hurdle, one that vexes even seasoned job hunters. (Bloomberg/Businessweek)
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In a study of University of Chicago MBAs – which allowed labor economists Claudia Goldin and Lawrence Katz to compare "apples to apples", controlling for everything from biz school courses to job experience to hours worked when it came to gender disparities – they wrote that for new MBAs, there was a just a modest wage gap – favoring men, of course – out of the blocks. (Huffington Post)
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Prime Minister Vladimir Putin's blessing of a deal with U.S. company ExxonMobil to extract oil and gas from the Russian Arctic sends a strong signal that he will return to the Kremlin in an election next year. (Reuters)
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The Mexican economy has recovered somewhat from a scorching recession imported from America, but is still hobbled by domestic monopolies and cartels. (The Economist)
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India's typewriter culture survives the age of computers in offices where bureaucracy demands typed forms and in rural areas where many homes don't have electricity. (Los Angeles Times)
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Get to the point and make it interesting. Oh, that the business world were more like that. Now, some graduate schools are aiming for just such a goal – at least in the applications process for their M.B.A. programs. (Wall Street Journal)
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"Think Bravely: We believe that business can be bravely led, passionately collaborative, and world changing." Those 15 words are at the heart of an ambitious effort to reposition Northwestern University’s Kellogg School of Management. (Poets and Quants)
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Realize your dream of starting a new venture or get the knowledge you need to supercharge an existing business at NBMBAA's one-day Entrepreneurial Institute during the 33rd Annual Conference & Exposition October 4-8 in Atlanta. This workshop offers tracks tailored for start ups, growth and social ventures and now you can afford to go – fees are just $150. Sign up today!
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HP TouchPad will go on sale again at the same $100 price as soon as HP can restart assembly lines. What will Apple do? (Christian Science Monitor)
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More than anything else, HP's announcement showed that the firm had finally seen the light about the tablet market – namely, that there is no such thing. What exists instead is a rip-roaring market for iPads.(The Economist)
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Salesforce.com CEO Marc Benioff said that enterprise technology is going to face an uprising akin to the Arab Spring in the Middle East. The theme is that customers are going to revolt against traditional enterprise software as corporations become more social. (ZDNet)
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One of the first questions people ask about a new idea or venture is: Who is the competition? Who else is doing this? The worst rookie mistake in the world is to answer: No one. There is always a competitor. Even if you can't find anybody else who is doing what you're doing, someone probably is thinking about it. (Fast Company)
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What made the difference? Inc.com asks savvy entrepreneurs to reveal the one thing their business couldn't have lived without--and how much it cost. The founders of FITiST spent $3,200 and they say it was their most essential start-up cost. (Inc.)
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With the U.S. economy stuck in neutral, analysts are busy adjusting their forecasts to include the possibility of another recession. Most aren't predicting another downturn, they're just saying that the odds have increased. (NPR)
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Even though Hurricane Irene likely curbed retail sales toward the end of the month, shoppers buying consumables, back-to-school merchandise and upscale baubles look to still have delivered a solid August finish for U.S. store chains. (MarketWatch)
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Got a partner who's constantly changing the rules, takes an eternity to reach on the phone, and lately just isn't paying you much interest? If the relationship with your bank has you singing the blues, you're not alone. (CNN/Money)
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n invitation to join the ranks of gold- and platinum-card holders isn't the exclusive privilege it once was. Issuers are offering more of these cards, to a wider range of people. The question now: Do you still want one? (Smart Money)
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To win the battle for income that lasts a lifetime, a growing number of financial advisers and retirees have decided to divide and conquer. Their approach: Split portfolios into separate "buckets" designed to generate income for specific segments of retirement. (Kiplinger's)
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Operation Hope built a nonprofit powerhouse over the last decade, spinning a stockpile of donations from Wall Street firms into 27 financial education centers across the country. But the charitable organization’s donor base has retrenched in the wake of the financial crisis. (The New York Times)
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Obama wants to address Congress on Sept. 7; Boehner says do it the next day. As speech is finally scheduled for Sept. 8, the disagreement suggests a summer recess hasn't eased tensions between Democrats and Republicans. (Los Angeles Times)
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There's never a shortage of new books about how to be more effective in business. Most of them are forgettable, but here are 25 that changed the way we think about management – from the iconic "How to Win Friends and Influence People" to groundbreaking tomes like "Guerilla Marketing" and quick reads like the "The One Minute Manager". (Time)
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In a volatile world, anxiety and uncertainty make people a little testy. Cranky people can drag everyone else down by spreading negativity and sowing seeds of doubt just when leaders need commitment. And when everyday crankiness is exacerbated by performance problems, then the merely grumpy can become disgruntled former employees out to do damage to the team. (Harvard Business Review)
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Americans are notorious busy bees. A 2010 survey indicated that the average American accrues 18 vacation days and uses only 16. The average French worker takes more than twice the vacation time. To some, this statistic encapsulates the difference between American and European workers. We're productive. They're lazy. In fact, it might say the opposite. Europeans understand that breaks improve workplace efficiency. (The Atlantic)
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