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NetWire arrowsJune 17, 2010
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A grim-faced Tony Hayward, CEO of BP, faced angry lawmakers on Thursday, issuing an apology for the Gulf Coast oil spill but denying any direct knowledge about safety issues at the ill-fated Deepwater Horizon well.
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The last thing someone who is unemployed needs to be told is that they shouldn't even apply for the limited number of job openings that are available. But some companies and recruiters are doing just that.
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The current situation may do Mr Obama some good. Whether it will benefit America is more doubtful. Businessmen are already gloomy, depressed by the economy and nervous of their president's attitude towards them. This episode will not encourage them.
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Walmart Stores, Inc.
Career
Actually going to the office is so 20th century. Telecommute instead and you save money on gas or train fare, save the environment through lower emissions and win the approval of forward-thinking bloggers.
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I once interviewed for a job with a documentary producer who made boring if well-meaning films for public TV. By way of preparation, I studied up on the producer's projects and gave a lot of thought to how my interests and experience dovetailed with his. Our chat went swimmingly until he asked me a question that caught me completely off guard: "Who is your favorite comedian?"
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Children's Memorial Hospital
International
HIV/AIDS is having a devastating impact on businesses in South Africa. One out of four South Africans of working age is HIV-positive. Anglo American, one of the world's largest diversified mining companies, recognized the toll HIV was taking on its employees and its business.
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The European Union agreed Thursday to publish the results of stress tests imposed on big cross-border banks, a move aimed at restoring confidence in the health of Europe's financial sector, The New York Times's Stephen Castle and Jack Ewing report.
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CIA : Central Intelligence Agency
Education
Only a few of Haiti's colleges have resumed classes since the earthquake effectively shut down higher education in the impoverished country.
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With jobs scarce, competition growing, and the MBA's reputation in tatters, selling B-school to prospective applicants has never been tougher.
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U.S. Securities And Exchange Commission
Nielsen
NBMBAA
Just five minutes and a genius business idea can win you big. Up to six people will have five minutes each to sell their business idea to a mixed panel of venture capitalists, academic instructors and successful entrepreneurs – using only a whiteboard and marker. Sign up today!
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U.S. Department Of State
Wells Fargo
Technology
If you missed out on pre-ordering your iPhone 4 yesterday, then July 2 is the earliest date you'll receive one--that is if you manage to pre-order the new device at all.
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The Times, the London newspaper owned by Rupert Murdoch's News Corp., is offering free tickets to Toy Story 3 or the chance of a weekend at the Grosvenor Hotel in Dorset to persuade readers to pay for news
online.
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Naylor, LLC
Entrepreneurship
Identifying this year's highest-growth industries ripe for start-ups. Some of them may surprise you.
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Twelve questions to help you separate the merely clever from the ideas that stand a true chance of succeeding.
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The Economy
The number of people filing new claims for jobless benefits surged by 12,000 last week after three straight declines, another sign that hiring remains weak.
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Personal Finance
You don't have to resign yourself to a summer of TV reruns and microwave popcorn. Tickets and snacks have gotten more expensive, but with a little planning, there are ways to save on a night at the movies.
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It seems as though every day brings another dozen letters telling you "there has been a change in your credit card." Entire card programs are ending, rewards programs are evaporating, and more complicated versions are being put in their stead.
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Corporate America
Last October the Federal Reserve issued proposed guidance to banks on the structure of bank pay. The reason for the guidance was the need for banks to change pay so it would no longer encourage the excessive risk taking that led to the financial crisis.
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Bank of America Corp. and other banks are preparing new fees on basic banking services as they try to replace revenue lost to regulatory rules, in a push that is expected to spell an end to free checking accounts for many Americans.
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Government
A divided Federal Communications Commission advanced a plan backed by Google Inc., EBay Inc. and Amazon.com Inc. to regulate Internet service providers over the opposition of carriers led by AT&T Inc.
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It was a baffling 18-point victory for an unknown, unemployed Army veteran who gave no speeches, distributed no literature, and won no endorsements in a non-campaign against experienced pol Victor Rawl.
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Leadership
It's tough being the new hire in a workplace that's been hit by layoffs and budget cutbacks in the past few years. Although a number of companies are starting to rebuild their staff, employees are likely to feel insecure about their jobs well into economic recovery, say experts.
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Giving a business card does not mean we now have a connection, certainly not a real relationship. A relationship implies reciprocity – more of a give-and-take, mutually-beneficial kind of thing. Networking is not about the number of business cards you have. It is about what you do with them, and how you do it.
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Lifestyle
What is the advantage of doing my charitable giving or volunteering via a credit card company? Why not contact the charity of my choice on my own?
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Productivity gurus have long stressed the need for virtual assistants that will do those online tasks you never seem to have time for – like getting a wedding gift or sorting out health-insurance claims. But sharing credit-card numbers or personal passwords with someone thousands of miles away can take some getting used to.
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