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NetWire arrowsJanuary 27, 2011
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Top News
With the MBA job market on the rebound, 2011 will likely bring good news, particularly for students seeking to enter consulting and financial services.
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Now that we have the recovery, we will have to pay for it. The question is did we take the appropriate measures or did we overspend. (Time)
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Despite rising poll numbers and his upbeat state-of-the-union speech, America’s president faces a divided government and a mountain of debt. (The Economist)
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Verizon Wireless
Career
Senior account execs at Salesforce.com take home an average $318,323 total compensation annually. Which other companies offer big paychecks? (Fortune)
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If you've exhausted all other options, relocating can be a smart move for improving your job prospects--but be sure to check where people are hiring, and in what industries before you pack your bags and go. (Forbes)
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Vanguard
Diversity in the Workplace
In a Q&A, Susan Stautberg of Women Corporate Directors discusses a new study about how men and women approach their roles as directors – and why the percentage of female directors remains low. (BusinessWeek)
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International
The key question at this year's World Economic Forum in Davos will be the state of economic recovery – is it sustainable or are the risks going to overshadow the green shoots, which returned in 2010. (BBC)
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An unexpected downturn in the British economy shocked investors on Tuesday, prompting a sharp drop in the pound and reigniting debate about the government's plans to slash spending and raise taxes to reduce public debt. The Canadian Press)
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Technology
Google Voice takes one more step toward eradicating the traditional phone system. If you pay Google $20, you can sign up for Voice with your existing mobile phone number. (Slate)
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The Economy
Find jobs for the 650,000 ex-cons who come home every year, as several really good programs are already doing. (The Root)
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First-time applications for unemployment benefits rose by 51,000 last week, likely boosted by weather-related shutdowns. And orders to factories for long-lasting durable goods fell 2.5 percent in December, pushed down by weak demand for aircraft. (NPR)
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Personal Finance
When the snow falls , as it did for more than 12 hours on the East Coast yesterday, it brings with it varied economic effects. Among other conventional snowstorm predictions, stores are supposed to make up for lost traffic with big sales, and alert stock traders are in luck, because light volume means buying opportunities – or so we're told.
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Corporate America
In his State of the Union address, President Barack Obama called on Congress to embark on a major revamp of corporate taxes: "[S]implify the system. Get rid of the loopholes. And use the savings to lower the corporate tax rate for the first time in 25 years – without adding to our deficit." (Wall Street Journal)
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With the average price of jet fuel up nearly 30% year over year, airlines say they’re keeping all cost-cutting options on the table, including reductions in seat capacity. (MarketWatch)
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Government
Republicans launching their assault on environmental, health and other federal regulations want the White House to explain what President Barack Obama means when he says that he also wants to erase rules that hurt businesses and cost jobs. (BusinessWeek)
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With the ink barely dry on the Financial Crisis Inquiry Commission’s assessment of the 2008 market meltdown, the group is turning to other pursuits: infighting and preparing for congressional investigations. (Bloomberg)
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Leadership
Stress caused by rude behavior in the workplace might be costing the U.S. economy billions of dollars a year. Some employers are taking action to restore civility and improve employee morale. (Workforce Management)
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Lifestyle
Blizzard-blasted residents turn to Twitter for the Newark mayor's help, and some ordinary folks respond. (Newsweek)
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