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NetWire arrowsJuly 1, 2010
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The U.S. financial-regulatory bill, approved by the House of Representatives yesterday, may still be compromised in the Senate, which postponed its vote until after the week-long July 4 recess.
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Initial claims for unemployment benefits rose for the second time in three weeks last week. The increase comes as Congress remains stuck at an impasse over extending federal jobless aid.
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More than the European debt crisis is keeping American economic policymakers awake at night just now. Despite a year of government effort, a tentative recovery in the housing market appears to be on the verge of stalling.
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Walmart Stores, Inc.
Career
Employment is rising at financial-services companies in New York, with bankers and insurance professionals among the most desirable of candidates in an industry still recovering from heavy losses two years ago.
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MBA programs that mix online instruction with limited on-campus time are becoming a popular option for prospective business school students who want to attend brand-name schools without giving up their jobs, relocating or trekking to campus for classes several nights a week.
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You've landed your first job out of college. That wasn't easy, in this tough time. Now you've got to make sure you keep it and succeed at it.
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CIA : Central Intelligence Agency
International
More important than any potential for embarrassment is that the scant rewards Japanese managers get for doing well may be undermining their companies' performance and indeed that of the economy as a whole.
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PVM Oil Futures trader Steve Perkins bought seven million barrels of crude in late-night trading binge on his laptop, driving the oil price to an eight-month high.
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U.S. Department Of State
Education
France is embarking on a grand experiment – how to diversify the overwhelmingly white "grandes écoles," the elite universities that have produced French leaders in every walk of life – and Rizane el-Yazidi is one of the pioneers.
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Gaurav Kapoor completed his MBA from a Greater Noida institute, but the two year diploma couldn't get him a job he wanted and he finally joined a BPO. He is among the thousands who are virtually "unemployable" as the second rung B-schools they studied in failed to impart the necessary soft skills.
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Nielsen
Wells Fargo
NBMBAA
Don't miss this chance for significant early registration savings on your registration for the National Black MBA Association 32nd Annual Conference & Exposition, September 21-25 in Los Angeles, CA. The year's must-attend educational, career and networking event is coming up fast, so register now and save!
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U.S. Securities And Exchange Commission
State Farm Insurance
Technology
As airlines rapidly expand Wi-Fi service, keeping passengers connected on airplanes could turn into a near $100 million business this year.
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It's a big news week for Amazon: They've announced an update to the big-screen Kindle DX e-reader in a week or so, with an improved e-ink display and lower price. Way lower – down $110 to $379. Is this Amazon's first response to iPad?
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Naylor, LLC
Entrepreneurship
I'm not an habitual complaint-letter writer. But I had an experience recently that chafed me just enough that I had to fire off a note. I wanted to vent but I also wanted to do a little customer service experiment: Could I get a huge company to listen to my feedback?
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When he was growing up in the 1960s, Greg Cutchall watched his father put in long hours running an A&W Root Beer franchise in Omaha, Neb., and he swore he'd never work in the food industry. But 40 years later, Cutchall is deep into franchised food.
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The Economy
Manufacturing growth from China to the euro region and the U.S. slowed in June, suggesting the global export-led recovery is losing strength.
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It was surely the only time that lawmakers hammering out the financial-regulation bill were lobbied by a man wearing a hoodie and a New York Yankees baseball hat.
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Personal Finance
The long decline of the savings rate in the United States has been widely discussed, yet every revisit of the data brings new cause for alarm.
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Travelers hunting for airfare deals have their work cut out for them this year. With more consumers scheduling vacations and airline scheduling cutbacks, the supply-demand equation has swung back in the airlines' favor, says Tom Parsons, the founder of BestFares.com.
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Government
Tiny Maywood, Calif., laid off every single one of its city employees on Wednesday. But that doesn't mean the city is closing up shop. City Hall will still be open, as will Maywood's park and recreation center. Police will continue to patrol the streets.
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Key parts of the antiquated U.S. Capitol campus are literally crumbling, desperately in need of more than $200 million in repairs.
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Leadership
Though all eyes will be on Tiger Woods, another African American of note will be at Aronimink Golf Club this week. Kenneth Hill plans to be in the gallery of the place where he quietly made history.
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The experiences football (soccer) managers collect through their careers are as intense as any a leader in the commercial world could expect to find and the lessons they learn along the way can easily be applied off the pitch.
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Lifestyle
They thought it was about Elvis. That's what a focus group of a dozen African-American women concluded about the musical "Memphis" last summer when they were asked to assess the show's tagline, "The Birth of Rock 'n' Roll."
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Underinsured black breast cancer patients have worse survival outcomes than underinsured white patients, a new U.S. study has found.
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