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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)
Visit http://www.businessweek.com/news/2012-01-18/auto-plants-at-capacity-buoying-all-parts-of-u-s-economy-cars.html to view the full article online.
Career
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)
Visit http://edition.cnn.com/2012/01/17/opinion/job-hopping-schawbel/index.html?hpt=ibu_bn1 to view the full article online.
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)
Visit http://www.economist.com/node/21542755 to view the full article online.
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)
Visit http://money.cnn.com/2012/01/18/markets/imf_funding/index.htm?iid=HP_River to view the full article online.
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)
Visit http://poetsandquants.com/2011/11/30/am-i-too-old-to-get-an-mba/ to view the full article online.
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 Saïd Business School (Saïd Full-Time MBA Profile), replacing Colin Mayer who is stepping down as dean after five years. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/bschools/content/jan2011/bs2011017_155158.htm to view the full article online.
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)
Visit http://finance.fortune.cnn.com/2012/01/18/mortgage-refis-assistance/?iid=SF_F_River to view the full article online.
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)
Visit http://www.marketwatch.com/story/your-bank-wants-to-be-your-new-best-friend-2012-01-13 to view the full article online.
Corporate America
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)
Visit http://knowledge.wharton.upenn.edu/article.cfm?articleid=2931 to view the full article online.
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)
Visit http://blogs.hbr.org/cs/2012/01/multicultural_leadership_starts_fr.html to view the full article online.
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