Just two months into her tenure as head of the Securities and Exchange Commission, Mary Jo White is making waves by questioning the agency’s long-standing policy of not requiring admissions of guilt when settling with financial wrongdoers.
Dropping Its Founder and Spokesman, Men’s Wearhouse Goes After Millennials
Last week, Men’s Wearhouse fired George Zimmer, the company’s 64-year-old founder and spokesman. In many respects, the avuncular Zimmer looks the epitome of the American businessman: impeccably dressed in his suit and tie in the company’s well-known and oft-quoted ads. But while a number of the store’s shoppers expressed outrage …
Not So Fast: The Relaxed, Slowed-Down, Lounge-ization of Fast Food
The traditional formula for fast food franchises—get ’em in, get ’em fed, get ’em out—is changing. Lately, chains known for being among the quickest of all quick-service restaurants are installing fireplaces and cushy seats for a comfortable lounge vibe that invites customers to linger longer.
5 Ways Companies Win by Giving Stuff Away
Consumers love freebies. But the companies handing out complimentary donuts, comic books, ice cream, pancakes, and Slurpees love giveaways even more. On the surface, freebies look like obvious money losers. But when handled wisely, giveaways are all but guaranteed to boost sales.
Last week, Procter & Gamble hosted an enormous giveaway …
New Attractions in Vegas Get Tourists High — Literally
If you want to see the hot new trend in Las Vegas attractions, look up. Plans are in the works for sky-high roller coasters, observation wheels, and zip lines to provide new thrills far above the Strip.
5 Summer Travel Scams to Avoid
With the summer comes peak season for scammers coming up with new ways to empty tourists’ wallets — increasingly, by getting their hands on travelers’ personal financial information. Here are five tricks to be on the lookout …
Dorm, Shmorm: Meet the Guy Who Lived in a Van for Two Years During Grad School
Many grad school students are poor, and pride themselves on living frugally while working on their degrees. One post-graduate student—and now, the author of a new book—took cheap living to the extreme, living in a van while …
Will Wall Street Finally Put Clients First? Maybe Some Day — But Don’t Hold Your Breath
Efforts to compel all financial advisers to act in the best interest of their clients have been derailed–again.
Money Talking: The End of Stimulus?
The Federal Reserve has kept interest rates low and taken other measures to stimulate the economy, but all of that could end soon. WNYC’s Money Talking looks at the Fed’s plan to scale back the stimulus. Plus, a new proposal from the SEC to hold companies more accountable.
Lessen the Damage from the Inevitable Cultural Faux Pas
When working in a foreign setting with different norms and rules, you’re likely to make cultural mistakes. But you can lessen their impact by engendering people’s trust in the first place.
Prepare to Impress Investors
What does it take to enthuse, excite, and entice investors? These three tips will have you prepped and ready to pitch.
Let’s Hope You’re Not Trying to Sell an Electric Car Anytime Soon
In May 2012, the average trade-in value for a 2011 Nissan Leaf was around $25,000. A year later, that same car’s value had fallen to roughly $15,000.