- Laura Hemphill explains why women should skip business school: “The uncomfortable truth is that women in business are more likely than men to drop out of the workforce or have their careers interrupted a decade after earning their M.B.A.s, because of family considerations. Given this possibility, isn’t the most important thing for a woman to work as hard as she can and advance as far as possible while she’s still in her twenties and her life is as uncomplicated as it’s going to get? That way, by the time she’s a decade or so along, she’ll have more savings, more job experience, and more bargaining power — all of which translate into more options.”
- Jonathan Chait makes the case that “Obamacare” is working: “Through a thousand tiny nudges, the law has transformed the entire medical field from one that encouraged more, and more expensive, care with no regard for outcome into one geared toward paying for quality.”
Economy
- A robust recovery for the global economy remains out of reach, according to a survey of economists taken just as the Federal Reserve is expected to reduce its stimulus for the American economy.
- An investment firm warns of a dim future for the coal industry and exports.
- Consumer prices went up 0.1 percent in August.
- The typical American family makes less than it did in 1989.
- A new survey finds only 11 percent of American workers possess the attributes that lead to accelerated learning and performance improvement: “To address perpetually mounting competitive pressures, organizations need workers who bring passion to their jobs to navigate challenges and accelerate performance improvement.”
- Workers at small companies pay three times more in fees on a retirement account than workers at larger companies, according to a Bankrate.com analysis that also found that, over a period of 35 years, even a small difference in fees can drastically reduce savings.
- Business travelers can expect to pay as much as 6 percent more for hotel rooms next year.
- Here’s how to make $100 a day on eBay.
- Penthouse’s publisher files for bankruptcy.
- Adrian Swinscoe shares a story about the benefits of proactive customer service.
- Apple takes pity on several iPhone fans who were waiting outside its Tokyo store, letting them rest in the store’s theater as a typhoon soaked the city.
- Montana’s outdoor lifestyle receives a “ringing endorsement” from small-business owners.
- A University of Michigan class for entrepreneurs shakes up the lecture format: “Drawing inspiration from ‘The Charlie Rose Show,’ professor David Thompson makes himself a journalistic-style interviewer to better engage with the course’s guests.”
- A guy’s tap water gets replaced by beer.
- Britain’s small-business confidence jumps as hiring prospects brighten.
- Even though the global shipbuilding business is struggling, Krishnadev Calamur says there’s a glimmer of hope: “Global shipping freight rates rose last week to their highest level in more than 18 months. The measure, known as the Baltic Dry Index, is seen as a key indicator of global economic growth. The index tracks how much it costs for ships to carry dry-bulk commodities such as iron ore and coal.”
- The Costa Concordia gets righted.
- New health information security regulations begin Monday, and here’s how to get your business ready.
- Individuals and small businesses are set to lose a slew of tax breaks at the end of the year — including deductions for mortgage insurance, educator’s expenses, tuition, energy efficiency, and business property.
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