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NetWire arrowsJanuary 19, 2012
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Bobbi Marsh puts her 11-year-old son to bed each night and then heads to her job at General Motors Co.’s metal-stamping plant in Lordstown, Ohio. She gets home in time to make him breakfast. Marsh, 34, is one of thousands of auto workers in the U.S. benefiting from the return of a third shift at factories – often from 11 p.m. to 7 a.m. – translating to 24-hour-a-day production at many plants for the first time since the industry collapse in 2009. (Bloomberg/Businessweek)
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An MIT technologist argues that for many of us our old-fashioned approach to organization (i.e. our impulse to sort and file everything) is a giant waste of time. (Inc.)
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Your workload has increased, so have your boss's expectations. But scaling back could mean losing a job. Talk about stress. (Wall Street Journal)
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Congressional bill names are a reliable indicator of the state of conventional wisdom in America. That Congress is weighing bills called the Stop Online Piracy Act and the Protect IP Act tells us that, at a minimum, the idea of stopping online piracy is popular. (Slate)
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Career
College internships that used to demand in-person office activities are today offering work-from-home assignments and remote work via Skype and e-mail. (Bloomberg/Businessweek)
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Job hopping has become routine for professionals even in this poor economy. In fact, the average American will have about nine jobs between the ages of 18 and 32 reports the Bureau of Labor Statistics. Employees are so focused on finding their dream job right now that they fail to realize that having multiple jobs in just a few years can actually hurt their careers. (CNN International)
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Education
You’ve never felt better in your life. You just ran your fourth marathon, ranking in the top 20% of finishers. You’ve totally hit your groove at work, taking names, taking lunches, and taking home a nice bonus, despite the economic downturn. At thirtysomething, you’re accomplished, confident, seasoned, and ready for your next step: getting a full-time MBA at a top program. (Poets & Quants)
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Peter Tufano has spent most of his professional life in Harvard University's hallowed halls, starting off as a college student, earning his MBA and PhD there, and eventually joining Harvard Business School. He was finally pulled away this fall, announcing that he'll be heading across the Atlantic in July to take on the role of dean at the University of Oxford's Sad Business School (Sad Full-Time MBA Profile), replacing Colin Mayer who is stepping down as dean after five years. (Bloomberg/Businessweek)
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International
Death rates from natural disasters are falling; and fears that they have become more common are misplaced. But their economic cost is rising relentlessly. (The Economist)
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The International Monetary Fund said Wednesday that it plans to raise up to $500 billion in order to meet an estimated $1 trillion worth of financing needs over the coming years. The new funding includes a $200 billion commitment announced by euro area governments last year, the IMF said. It was unclear Wednesday where the remaining resources would come from. (CNN/Money)
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NBMBAA
We'll talk to program director Tyrone Scott, mentor Patrick Spann and former mentee Ronald Taylor who participate in the National Black MBA Association Inc of Metro New York about their C.A.S.H Program. (WPIX)
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Technology
Internet protests on Wednesday quickly cut into Congressional support for anti-Web piracy measures as lawmakers abandoned and rethought their backing for legislation that pitted new media interests against some of the most powerful old-line commercial interests in Washington. (The New York Times)
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Rapid advances in information technology are yielding applications that can do anything from answering game show questions to driving cars. But to gain true leverage from these ever-improving technologies, companies need new processes and business models. (MIT/Sloan Management Review)
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Entrepreneurship
In his new book Grow, Jim Stengel, former global head of marketing for Procter & Gamble, argues that the most successful businesses are those guided by ideals and by "business artists" who instill a broader purpose across a company. (Fast Company)
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The Economy
ain Street taxpayers have bailed out Wall Street. Now it's time for Wall Street to return the favor by footing the bill to help millions of honorable Main Street borrowers pay lower interest rates on their mortgages, something that should have happened years ago. Wall Street giving back to Main Street – imagine that! (Fortunte)
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The United States lost more than a quarter of its high-tech manufacturing jobs during the past decade as U.S.-based multinational companies placed a growing percentage of their research-and-development operations overseas, the National Science Board reported Tuesday. (Washington Post)
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Small towns and cities across the country are cooking up their own colorful currencies to protect against a national economic collapse and boost local spending. (NPR)
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Personal Finance
Imagine this: Your bank as your bestest pal. This year, banks will offer customers rewards and perks for doing all their banking – checking, mortgages, credit cards, certificates of deposit, etc. – in one place. Their place. But if you reject these overtures, you can expect to be nickeled and dimed with extra fees. (MarketWatch)
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Any day now, you'll be receiving your 2011 W-2 and 1099s. So it's officially time to think about getting underway on your 1040 for last year. Before you start, be aware of some key changes from earlier years. (SmartMoney)
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Corporate America
In its midcentury heyday, Sears, Roebuck & Co. was the Wal-Mart of its era—the largest retailer in the world with more than 350,000 employees. But it is in an epic freefall. (Slate)
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As economic malaise bleeds into another New Year, employers are making hard-nosed decisions about benefits and compensation. That means for many in the nation's workforce, compensation remains flat, health care premiums are up, the 401(k) match has disappeared and bonuses are smaller or nonexistent. The result is not hard to guess. (Knowledge@Wharton)
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Government
Scott Sanders will be eating lunch at his desk again. Sanders is the general sales manager for the NBC affiliate in Columbia – South Carolina's capital – so all his time is devoted these days to handling ad traffic ahead of Saturday's Republican primary. (NPR)
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Under pressure from his Republican opponents, former Massachusetts Governor Mitt Romney yesterday abandoned months of resistance and said he would make his 2011 tax return public in April. (Bloomberg)
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Leadership
The world is getting smaller. As new technologies in social media, transportation, and telecommunications bring us closer together, it's more critical than ever for organizations to recruit, develop, and retain multicultural leaders who can skillfully navigate both the opportunities and challenges of a more connected world. (Harvard Business Review)
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Lifestyle
Air travel typically slows in the dead of winter, and that lack of activity can lead to downright ridiculousness. This year, the media is loonier than ever with talk of a Delta-American merger and trumped-up airline stocks. (Portfolio)
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