Greek PM George Papandreou has said he is ready to drop a proposed referendum on the country's eurozone bailout deal. He said he had started talks to secure opposition support in parliament which would make the vote unnecessary.(BBC)
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State governments across the U.S. are just a few months into their fiscal years and already many fear that tax revenues are running short of forecasts. This is getting to be an annual ritual. Officials in New York, California, Florida, and Washington this year have all expressed concerns about the outlook. (CNBC)
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The four American companies that have come to define 21st-century information technology and entertainment are on the verge of war. Over the next two years, Amazon, Apple, Facebook, and Google will increasingly collide in the markets for mobile phones and tablets, mobile apps, social networking, and more. (Fast Company)
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New studies from top business schools provide a wealth of insights into how leaders are perceived, investors make decisions, and the rich buy handbags. (Bloomberg/Businessweek)
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Myth #1: Multitasking is critical in a world of infinite demand: This myth is based on the assumption that human beings are capable of doing two cognitive tasks at the same time. We're not. Instead, we learn to move rapidly between tasks. When we're doing one, we're actually not even aware of the other.
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First, there was the "mancession" that made the downturn much worse for men. Then, what my colleague Catherine Rampell has called the "he-recovery," which has put more men than women back to work. What has remained consistent is that women remain on the wrong side of the wage gap. (The New York Times)
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Just when the electronics industry had finally recovered from Japan's massive earthquake earlier this year, devastating flooding in Thailand has once again stymied production of several key consumer electronics components. (CNN/Money)
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Efforts to curb inflation in China are having some painful side-effects. A squeeze on bank lending has prompted some businesses short of cash to stop paying wages to blue-collar workers. (The Economist)
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The students, mostly from China's rapidly expanding middle class, can afford to pay full tuition, a godsend for colleges that have faced sharp budget cuts in recent years. But what seems at first glance a boon for colleges and students alike is, on closer inspection, a tricky fit for both. (The Chronicle of Higher Education)
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The Choctaw Nation of Oklahoma and Oklahoma Christian University are launching a new MBA scholarship program for tribal members. (Edmond Sun)
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NBMBAA Chicago Chapter LOT student Imani Marshall studied the day's schedule of college interviews: George Washington, Amherst, Harvard, Wellesley and Colgate. It would be an impressive lineup by anyone's standards. But for Marshall – a first-generation college applicant from the West Side – it felt like the equivalent of a winning lottery ticket. (Chicago Tribune)
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A team of second-year MBA students at the Penn State Smeal College of Business took home second place in the National Student Case Competition held at the National Black MBA Association's (NBMBAA) annual conference and exposition on Oct. 6-7 in Atlanta. (Smeal College of Business)
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They are the Appillionaires: Smart, ambitious dreamers in bedrooms and garages across the world, plotting the future of mobile apps. Their tools are inexpensive – a MacBook Pro and an iPhone – but overnight the Appillionaires can amass a fortune from selling software on the iTunes App Store. They lead a revival of the hobbyist programmer. (Fast Company)
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Research In Motion Ltd.’s decline below book value for the first time in nine years leaves the BlackBerry maker worth less than the net value of its property, patents and other assets in a sign of investors’ lowered faith. (Bloomberg/Businessweek)
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The second year of running your company is notoriously tough, but for business owner Chris Ashton, the ground was cut out from under his feet--literally. Ashton, 38, began his second year as co-founder of Petplan Pet Insurance with a fall from the second floor ledge of his New Jersey home, suffering injuries that kept him out of the office for five months. Suddenly, Ashton had to face the question many entrepreneurs fear: Can my business run without me? (Entrepreneur)
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The U.S. economy hit an important milestone last week: Gross domestic product, the sum of all goods and services produced in the country, returned to pre-recession levels. But the gains were made with millions fewer workers. Part of the reason is technology, as computers and machines continue to replace humans. (NPR)
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The number of Americans living in neighborhoods beset by extreme poverty surged in the last decade, erasing the progress of the 1990s, with the poorest areas growing more than twice as fast in suburbs as in cities. (Bloomberg)
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Just because debit-card fees are out of the picture for now, don't stop checking your bank statements. Even though big banks like Bank of America , Chase and Wells Fargo canceled their plans to make billions of dollars by charging customers monthly fees for using their debit cards, there are plenty of other ways they can rake in extra revenue. (CNN/Money)
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The San Francisco-based startup has already branched out from its origins as a maker of tony headsets. But for its next product, it's making a big bet on an untested market. (Fortune)
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Amazon keeps throwing the perks at its Amazon Prime subscription service. This go-round Amazon is adding a Kindle Owners’ Lending Library to the mix just ahead of the Kindle Fire launch. For the e-commerce giant, Prime subscriptions appear to be just about everything. Why? Repeat after me: Lifetime value of the customer. (ZDNet)
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The U.S. government accused the Chinese of being the world's "most active and persistent" perpetrators of economic spying, an unusual move designed to spur stronger U.S. and international action to combat rampant industrial espionage that threatens economic growth. (Wall Street Journal)
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Your office says a lot about your leadership style. As tempting as it is to take the corner office with the great view, it may exact a steep toll in a time of crisis. (Inc.)
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Your plane is diverted during a heavy snowstorm, and once you’ve landed the pilot comes on the intercom: "Sorry folks, but it looks like we’ll be sitting here for a while." Now what? Legally, there isn’t anything to be done. (MarketWatch)
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