Few tweets for CEOs
Seven in 10 Fortune 500 CEOs have no presence on major social media networks such as Twitter, Facebook, LinkedIn, Pinterest, and Google+.
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BofA settles Merrill Lynch lawsuit
Bank of America agreed to pay $2.4 billion last week to settle a lawsuit alleging that it misled shareholders about the financial health of Merrill Lynch when BofA bought the company in 2008.
Los Angeles Times
Facebook and Twitter in China
Facebook has 63.5 million users in China, up from 7.9 million three years ago—even though Facebook is banned there. Twitter has tripled its users in the country since 2009, to 35.5 million.
Bloomberg Businessweek
Global trade slows down
Global trade growth will slow this year to just 2.5 percent, according to the World Trade Organization. That’s down from 5 percent last year and nearly 14 percent in 2010. The 20-year average is 5.4 percent.
Reuters.com
Smartphones' rising share of household costs
Smartphones are taking a bigger chunk out of our household budgets. Americans spent $116 more on telephone services in 2011 than they did in 2007, even as total annual household expenditures increased by just $67. Over the same period, restaurant spending declined by $48, apparel spending by $141, and entertainment spending by $126.
The Wall Street Journal
Temporary jobs for the unemployed
Unemployed workers who take a temporary job are less likely at first to find a permanent one, but a year and a half after they were laid off, they are more likely to be hired than those who stayed home and sent out résumés.
Harvard Business Review
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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
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
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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 Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
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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