Can the U.S. keep up?
Business executives are profoundly pessimistic about U.S. competitiveness, according to a new survey of more than 6,800 Harvard Business School alumni. Nearly six out of 10 respondents expected U.S. companies to be less able to compete in the global economy or less able to pay high wages, or both, over the next three years.
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Airlines spend billions on runway taxiing
The world’s airlines spend between $7 billion and $8 billion a year on jet fuel while taxiing between passenger gates and the runway.
The Economist
Americans exaggerate their working hours
Americans tend to exaggerate their weekly work hours by 5 to 10 percent, according to a recent study. Those who say they work 40 hours a week typically work closer to 37, while those who say they work more than 55 hours are usually off by more than 10 hours.
Harvard Business Review
The Dow Jones's 67.9 percent gain
The Dow Jones industrial average gained 67.9 percent between Obama’s inauguration and Oct. 19. That’s the fifth best performance among presidential first terms since 1900, after those of Franklin D. Roosevelt, Calvin Coolidge, Bill Clinton, and Dwight D. Eisenhower, all of whom were re-elected.
The New York Times
Success and summer babies
Summer babies are less likely to reach the C-suite. A study of 375 CEOs found that only 12 percent were born in June and July, while 23 percent were born in March and April. The discrepancy may have to do with cutoff dates U.S. schools use to determine when children start kindergarten. Summer babies are often among the youngest in their class, and older children tend to outperform them.
WSJ.com
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Jonathan Powell: who is the man behind Keir Starmer's foreign policy?Today's Big Question Prime minister's national security adviser is a 'world-class operator'
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Summer sipping: the best fruit beersThe Week Recommends Check out these delightfully refreshing sweet and sour brews
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How Putin misunderstood his past victoriesIn Depth Though Vladimir Putin has led Russia to a number of grisly military triumphs, they may have misled him when planning the invasion of Ukraine
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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The bottom line
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The bottom line
feature Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie
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The bottom line
feature Few tweets for CEOs; BofA settles Merrill Lynch lawsuit; Facebook and Twitter in China; Global trade slows down; Smartphones' rising share of household costs; Temporary jobs for the unemployed