Viewers hoping for Hail Mary passes and all-out blitzes to battle the renewed economic slowdown should be advised to stay tuned to the NFL game that follows President Barack Obama’s speech Thursday night. (MarketWatch)
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The collapse of the middle class is greater than the Great Recession. But what's really behind our 30-year crash? One statistic, often ignored, begins to provide a clearer picture. It's the productivity, stupid. (The Atlantic)
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Collaboration is a buzzword these days. Leaders want to get people to think as one company. But managers in different functions or different business units seem surprisingly reluctant to work together. Jealousies, misunderstandings and enmity seem more common than collaboration. (Harvard Business Review)
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Job seekers may be very surprised to learn that human resources pros and recruiters attend conferences to talk about "the war for talent." (U.S. News and World Report)
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Under heavy pressure from government regulators and insurance companies, more and more physicians across the country are learning to think like entrepreneurs. (The New York Times)
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The boundaries of the boss-employee relationship were once clear and unambiguous. The boss was the distant, forbidding figure who gave the orders, while the employee's place was to do as they were told. (CNN)
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Sallie Krawcheck's departure from a high-ranking job at Bank of America spotlights a trend on Wall Street: Women, in recent years, have lost their jobs more often than men. (Los Angeles Times)
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Central bankers are not known for seeking solace in the heavens. But at their annual symposium in Jackson Hole, organised by the Federal Reserve Bank of Kansas City, the world’s leading monetary mavens could be found, after dinner, peering enthusiastically into telescopes set up by the local astronomy club. As he spied the M82 galaxy, 12m light-years away, one central banker remarked: "That puts our problems into perspective." (The Economist)
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If the United States dips back into recession, the eurozone will have helped push it over the edge. Indeed, investors' concerns about the eurozone's myriad financial and economic woes have been a big factor in the global stock market plunge this summer. (Christian Science Monitor)
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Amid declining state financial support for universities, many schools are relying on nonresidents – and working hard to recruit them – to make ends meet. (Bloomberg/ Businessweek)
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Dubbed "The Class The Dollars Fell On" by Fortune magazine, the 1949 graduates of the Harvard Business School were undoubtedly the most celebrated group of MBAs in history. Though the 700 or so members of the class graduated with modest expectations, more than a third would become CEOs and well over half would end up as multi-millionaires. (Poets & 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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Much like the Bionic Woman, the Motorola Droid Bionic is sleek, fast, and powerful. It's everything you want from a high-end smartphone, but its high price may be a deterrent. (CNet)
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Yahoo founder and ex-CEO Jerry Yang wants you and all Yahoo employees to know that Yahoo is not for sale. Not. For. Sale. However, Yang also wants you to know that the company is hiring advisory firms to "explore strategic options." So, if you happen to be taking a look and see something you simply must have, Yahoo might be persuaded to part with it. But whatever, no big deal. (Wired)
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I'm getting ready to go overseas to teach, and I've spent the last week reviewing several countries' ambitious attempts to kick-start entrepreneurship. After poring through stacks of reports, white papers and position papers, I've come to a couple of conclusions. (Fast Company)
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Jarrett Pumphrey grew up in Houston Texas, where his father managed a successful practice. Pumphrey channeled his father’s business acumen into his own venture, ClearCorrect, which makes an alternative to braces. (Inc.)
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If history is a guide, the odds that the American economy is falling into a double-dip recession have risen sharply in recent weeks and may even have reached 50 percent. (The New York Times)
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Much has transpired on the economic front since terrorists attacked the U.S. on Sept. 11, 2001. The nation weathered two recessions; homeowners suffered record foreclosures; workers faced double-digit unemployment; and investors trudged through a lost decade – stock markets aren’t much better off today than they were ten years ago. (Kiplinger's)
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Almost half of Leslie Quick’s personal portfolio is dedicated to hedge funds, a position he’s increased this year even as the lightly regulated asset pools have returned less than 4 percent. (Bloomberg)
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Precious metals are in an asset class all their own. They zig when other markets zag. They often rise when other investments -- stocks, bonds and your home – fall. They can give your portfolio real diversification. Some smart investors argue that you should always hold about 5 percent of your portfolio in precious metals. (Smart Money)
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You must take responsibility for your own career future since it's not your boss's job to look out for you. Many people are blindsided by lay-offs and downsizings that are economy driven and don't have anything to do with work performance. (Huffington Post)
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"I’ve just been fired." With those four words, Yahoo’s chief executive, Carol A. Bartz, did something Tuesday afternoon that dismissed managers almost never do: She told the truth. (The New York Times)
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Amazon has been boldly attempting to turn its liability into an asset, offering to locate warehouses and their jobs in states that agree to exempt it from sales tax collection obligations for some number of years. (Forbes)
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By the end of September, the U.S. Postal Service will be on the brink of defaulting on its employee pension obligations, unable to borrow more money, and have just enough cash to cover operations for a week. (NPR)
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The recent announcement that California's unemployment again nudged up to 12 percent – second worst in the nation behind its evil twin, Nevada – should have come as a surprise but frankly did not. From the beginning of the recession, the Golden State has been stuck bringing up a humbled nation's rear and seems mired in that less-than-illustrious position. (Newsweek)
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The City of Detroit has had more ups and downs than the most pampered celebrity divas. Once hailed as a beacon of innovation and entrepreneurship, the city has more recently suffered decades of decay and neglect. (Inc.)
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After joining Goodyear Tire & Rubber Co. in 2004, Pierre Cohade's first move as the new president of Asia-Pacific was to re-locate the regional headquarters from Akron, Ohio, where the company is based, to Shanghai. How times have changed. (Wall Street Journal)
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The Sept. 11, 2001, terror attacks by al-Qaida were meant to harm the United States, and they did, but in ways that Osama Bin Laden probably never imagined. The response to the attacks compromised America's basic principles, undermined its economy, and weakened its security. (Slate)
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