How likely are Facebook and Google employees to ignore emails and phone calls when their U.S. co-workers report problems at times that violate the agreement just because of a time difference?
Day: April 10, 2014
Game of Thrones as Theory | Foreign Affairs
The true moral of the story is that when good rules are disregarded, disorder and ruin follow.
European policymakers seek to reshape bundled debt market | Reuters
The plans beg the question how will high quality securitisation be defined and what then happens to the rest.
via European policymakers seek to reshape bundled debt market | Reuters.
China’s Growing Debt Problem | TIME.com
.. as in the U.S., the political and economic elite have little impetus to change a system that has made them fantastically wealthy.
Warning: Stocks Will Collapse by 50% in 2014
“We are in a gigantic financial asset bubble,” warns Swiss adviser and fund manager Marc Faber.
“It could burst any day.”
Pimco’s Bill Gross Picks Up the Pieces – Businessweek
All of his carefully constructed plans for the future of Pimco, the company he started in 1971, were thrown into disarray;
the day-to-day running of the firm, which El-Erian had done much of in his role as chief executive officer, was left with gaping holes.
It was as if he became aware, for the first time, of the possibility that the qualities found in successful traders
—a fixation on numbers and the markets, impatience, the desire to win no matter what
—are not necessarily the same ones that make for a beloved boss.
via Pimco's Bill Gross Recovers After Mohamed El-Erian's Departure – Businessweek.
Spirit Airlines Is the Most Profitable U.S. Airline – Businessweek
“The commitment to make the customer happy costs money.”
via Spirit Airlines Is the Most Profitable U.S. Airline – Businessweek.
Philips Joins Osram to Lure Cities With LED Innovations – Businessweek
Washington’s transit authority in November awarded Philips,
which has been selling light bulbs since 1891,
a contract to upgrade 13,000 lighting fixtures in parking plots,
along with a 10-year maintenance deal.
It gives the world’s biggest lighting maker a long-term income stream, and allows Washington to cut energy usage by 68 percent.
via Philips Joins Osram to Lure Cities With LED Innovations – Businessweek.
Asian Stocks Sink With Aussie on Tech Rout; Nickel Climbs – Bloomberg
What’s fueling the sell-off: Global growth fears – CBS News
So what went wrong?
Simply put: Despite everything, the global economy is slowing.
via What's fueling the sell-off: Global growth fears – CBS News.
$A falls with equity markets sell-off
Crazy valuations not only sign of bubble | Reuters
Crazy valuations are not the only signal that parts of the U.S. stock market, particularly internet companies, are in bubble territory.
Head-scratching market caps based on contorted metrics, and this risks storing up trouble when the inevitable headwinds arrive.
Taking the reins on derivative reforms | The Great Debate
These reforms don’t go far enough. The system is ailing.
Money laundering, tax dodging and “too big to fail” institutions are defects, but so are the short-term, speculative financial products that sellers and buyers often do not understand.
via Massad: Taking the reins on derivative reforms | The Great Debate.
The Company Reinventing How To Learn A New Language | Fast Company
When Duolingo decides to provide a new language, they go into their database and filter through the applicants, selecting those they feel are best equipped to be course moderators.
The moderators then choose whoever they want to be contributors to the course.
Courses are typically made with a team of up to five contributors. Duolingo provides guidelines on material and what the course should cover, as well as feedback data to help moderators improve the course.
via The Company Reinventing How To Learn A New Language | Fast Company | Business + Innovation.
Italy’s Risanamento poised to sell nine properties in Paris | Reuters
They (Italian banks Intesa Sanpaolo and UniCredit) became Risanamento’s largest shareholders after a court made them convert debt to equity.
via Italy's Risanamento poised to sell nine properties in Paris | Reuters.
Using The Science Behind Habits To Sell Better | Fast Company
The brain’s limbic section is where we experience feel-good and feel-bad emotions.
Each action that we take that triggers a feel-good hit (reward) makes us want to do it again, and again, and again.
via Using The Science Behind Habits To Sell Better | Fast Company | Business + Innovation.
How To Defend Your Productivity Against Energy Vampires | Fast Company
3 Steps To Hire The Right Assistant | Fast Company
Goldman Explores Sale of Market-Making Unit- NYTimes.com
Goldman is valuing the unit at about $30 million, a sign of just how much technology has changed the way Wall Street conducts its business.
Goldman paid $6.5 billion for the firm, which operated three core businesses: securities clearing and execution, floor-based market making and off-floor market making.
via Goldman Explores Sale of Market-Making Unit – NYTimes.com – NYTimes.com.
The Former CEO Of IBM On Working At A Global Scale | Fast Company
.. in 2003, I saw the need to transform the company, given what we at IBM saw coming–namely, fundamental shifts in the information technology industry and in the global business environment.
Not only did our products and services need to be transformed, so did the entire structure of the company.
So we took wholesale action, which positioned us to deliver on our business model on a sustainable basis, while giving us greater flexibility to focus on growth and profit opportunities in what was a rapidly-changing world.
via The Former CEO Of IBM On Working At A Global Scale | Fast Company | Business + Innovation.
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