Why is everyone getting so outraged about JPMorgan Chase losing two billion bucks? It’s a bank. Isn’t losing money what modern banking is all about—you take in deposits from normal folk and then invest those hard earned …
Skechers Fitness Claims Shot Down; Turns Out You Really Have to Exercise
In a blow to those who want to believe there’s a magic alternative to exercise, Skechers has agreed to pay $45 million to settle claims that the company exaggerated the fitness benefits of its rocker-bottom athletic shoes. It …
How to Stop Sleeping with Your Smart Phone
In her new book, Sleeping with Your Smartphone, Harvard Business School professor Leslie Perlow details her years-long research project with the Boston Consulting Group, an attempt to improve the work-life balance at the …
Sick of Hearing About Facebook? You’re Not Alone
With the much heralded Facebook IPO almost upon us, a backlash is growing among those weary of the endless hype. Some are skeptical of the company’s lofty valuation; others are just sick of all the attention being given to a …
Why JCPenney’s ‘No More Coupons’ Experiment Is Failing
The new JCPenney sounds so appealing on paper. Earlier this year, the retailer announced that “fake prices”—inflated big time to make markdowns seem more tempting—would disappear, to be replaced with a “fair and square” …
JPMorgan’s ‘London Whale’ Loss Rises to $3 Billion as Lawsuits Fly
Days after disclosing a massive derivatives trading loss, JPMorgan Chase was hit with three shareholder lawsuits accusing company executives — and its CEO Jamie Dimon — of misleading investors about the extent of the blunder. …
Wednesday Is For Lovers of Cheap Wine
On a Wednesday not long ago, the flash-deal wine specialty site WTSO (WinesTilSoldOut) sold more than 87,000 bottles in a single day, grossing over $1 million in sales. The Hump Day at hand was a “Cheapskate Wednesday,” a …
How to Keep Business Projects on Track
We’ve all been there. Business projects that start out full of excitement and promise lose focus and energy until it seems like they’re a long way from that goal that once seemed so promising.
Facebook IPO: What You Need To Know Now
[The article was updated at 12:20 pm on 5/16/12.]
Prom night is almost here for Facebook and its suitors. Here’s a program to the biggest high technology initial public offering ever, and what you should know:
Google and Apple Top List of Companies Grads Most Want To Work For
While America’s leading tech companies (again) top the annual list of popular employers for soon-to-be graduates, you may be surprised at three companies that rose from the grave of popular opinion in 2012.
Gas Prices Get Screwy, Dropping 14¢ in One State, Rising Over 14¢ in Others
A week ago, a federal agency announced its latest forecast for gas prices, which are expected to remain stable through the summer, averaging under $3.80 nationwide. While the overall average may indeed stay fairly flat, prices in …
Keep Gen-Xers Engaged
Generation X may be a smaller population than Baby Boomers or Millennials, but it wields great influence in today’s organizations. People in this generation are the all-important bench strength for aging leadership. To keep them around, here’s how to keep them engaged.