Christians Science Monitor: What is LIBOR? LIBOR stands for London Interbank Offered Rate. It’s supposed to measure the average interest rate that banks charge when they lend to each other. LIBOR is […]
http://blogs.hbr.org/schrage/2012/05/projects-are-the-new-job-inter.html (Source: HBR) MICHAEL SCHRAGE Michael Schrage, a research fellow at MIT Sloan School’s Center for Digital Business, is the author ofSerious Play and the forthcoming Getting Beyond Ideas. Resumes are dead. Interviews are largely ineffectual. Linked-In is good. Portfolios are useful. But projects are the real future of hiring, especially […]
Global Post: BERLIN, Germany — If the recent global economic crisis taught a lesson about debt, it might be to think twice about investing in it. Wary of buying bonds […]
By Pepe Escobar Credit: Asiatimes: Goldman Sachs – via economist Jim O’Neill – invented the concept of a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). Some cynics couldn’t help calling it the “Bloody Ridiculous Investment Concept.” Not really. Goldman now expects the BRICS countries […]
Business Insider A chart we found on Reddit.com today shows that most products we buy are controlled by just a few companies. It’s called “The Illusion of Choice.” Ever wonder why you can’t get a Coke at Taco Bell? It’s because Yum! Brands was created as a spin-off of Pepsi–and has a lifetime […]
Source: First Things There is a simple truth about business: individuals, not “the organization” or “the law,” make the moral decisions behind each and every action a business takes. In a piece just released by the Pontifical Council for Justice and Peace, this vital point is highlighted: the unequivocal responsibility […]
WASHINGTON (RNS) Muslim consumers are growing in the U.S. and they have money to spend. Now, businesses are starting to take notice. “The emerging American Muslim market is perhaps the new area that a lot of businesses … are starting to look into,” said Rafi-uddin Shikoh, managing director and founder […]
Starbucks Corp expects China to become its second-biggest retail market measured by the number of its stores by 2014, following just behind the United States in that regard, said a company executive. John Culver, president of Starbucks China and Asia Pacific, said the coffee chain is planning to move faster […]
Starbucks is coming under fire from vegans for using ground-up bugs to color its Frappuccinos, but the use of cochineal insects is actually quite common in the food industry. In fact, cochineal […]
Source: Philippine News HANOVER – With all the frantic deal-making and head-spinning gadgets at the world’s top IT fair, it is perhaps no surprise that a chair promising the benefit of two hours sleep in 20 minutes drew big queues. The “brainLight” system, which its makers claim is unique, uses […]
Companies know a lot about you. Probably more than you’re comfortable with. Charles Duhigg of the New York Times wrote yesterday about how major corporations use sophisticated statistical analysis in an effort to know exactly how to target customers. Data mining is a $100 billion industry, according to Martin Lindstrom’s “Brandwashed,” which we used […]
5-Hour Energy has been a gigantic success, creating its own niche of energy drinks that has inspired a plethora of copycats. It now has a dominant 90 percent market share in the energy shot industry, with no serious competitors in sight. Even mighty Red Bull, the king of the energy […]