
Top News
The federal government moved within a day of shutting down for the first time in 15 years Thursday, though House and Senate leaders said after a nighttime meeting with President Barack Obama that they had moved closer to a deal ahead of a deadline of Friday at midnight. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052748704013604576248683501879442.html to view the full article online.
The president’s late entry into direct talks was a calculated strategy, they say, to avoid overexposing Democrats’ sole marquee star and to gain maximum leverage after House Republicans and Senate Democrats fell short of an agreement. (Politico)
Visit http://www.politico.com/news/stories/0411/52782.html to view the full article online.
International
Portugal's caretaker government, led by Jose Socrates, Wednesday admitted his country needed financial aid from the European Union. It would be the third eurozone country to get financial assistance after being unable to fund its debts. Socrates stood down as prime minister on March 23 after being unable to push through austerity measures. (CNN/International)
Visit http://edition.cnn.com/2011/BUSINESS/04/07/portugal.bailout/index.html to view the full article online.
Technology
There has been much speculation recently about the role Facebook Credits could play in becoming a global virtual currency, and even the possibility of Facebook becoming a bank. In many ways, it already is becoming a bank – just not in the traditional sense. Facebook is harnessing the power of the social graph and has certainly adopted an expanded definition of what 'currency' means. (Fast Company)
Visit http://www.fastcompany.com/1745431/the-bank-of-facebook-how-will-facebook-interact-in-the-global-economy to view the full article online.
The Economy
The government's 2 million civilian workers – up to 800,000 of whom would likely be furloughed – are in the dark, wondering if their jobs count as "essential" and if not, if they'll be paid retroactively for the days they're barred from working. For contractors, the uncertainty is even worse. (CNN/Money)
Visit http://money.cnn.com/2011/04/07/technology/government_contractors_shutdown/index.htm to view the full article online.
Personal Finance
Consumers can now order their credit scores from more than 20 web sites, up from around five just a few years ago. But while consumers tend to think of one, uniform credit score, there are actually seven different scores for sale, each of which relies on its own magic mix of payment history, credit applications, debt and other factors. In at least one instance, whether consumers understand the difference between credit scores is now a matter for the courts. (SmartMoney)
Visit http://www.smartmoney.com/personal-finance/debt/which-credit-score-is-best-1302212043057/ to view the full article online.
Corporate America
Southwest Airlines' move to ground dozens of planes last Saturday, just hours after learning of possible structural problems, was an unusual move in the industry. Typically, airlines wait for regulatory direction and manufacturer recommendations before removing planes from service. In this case, that was a tricky proposition. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052748704630004576249144015341786.html to view the full article online.
Whether they are buying music, listening to the radio, reading newspapers or watching television, media consumers are aging even more quickly than the overall population. Rather than trying to reverse this trend by attracting younger people, many companies are attempting to profit from the greying of media. (The Economist)
Visit http://www.economist.com/node/18527255 to view the full article online.
Leadership
When you coach someone or conduct a performance appraisal, where do you tend to focus? Probably on "opportunities for improvement," right? Sure, you mention some positive things, but we'll bet you spend much more time talking about faults and shortcomings. (Harvard Business Review)
Visit http://blogs.hbr.org/hill-lineback/2011/04/why-does-criticism-seem-more-e.html to view the full article online.
Lifestyle
You’ve got to carve out your own work-life balance. If you don’t, according to conference panelists, it’s your fault (at least in part.) Forget blaming your boss for bombarding you with "urgent" emails after-hours or your co-workers for pestering you in your cubicle so that you never seem to get anything done during the workday. It’s up to you to set limits and expectations. (Wall Street Journal)
Visit http://blogs.wsj.com/juggle/2011/04/07/no-work-life-balance-its-your-fault/ to view the full article online.
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