European banks shed jobs
European banks have shed more than 40,000 jobs in the past month, as the continent’s sovereign-debt crisis eats into trading profits and new regulations lead banks to cut costs. “It’s a bloodbath,” said the head of a London headhunting firm.
The Week
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al-Qaddafi's U.S. assets
Among the government assets Col. Muammar al-Qaddafi stashed abroad is $1.1 billion in two New York City–based banks, Goldman Sachs and JPMorgan Chase. The assets were frozen in February after the United Nations imposed sanctions on Libya.
New York Post
China’s brew takes over
Despite being largely unknown in the West, China’s Snow beer has been the world’s most popular brew for the past three years running, selling 16.5 billion pints last year. That’s twice the sales volume of Bud Light, which held the top spot until 2008.
London Telegraph
Americans lag in estate planning
Only 44 percent of U.S. adults have a will, according to a new survey by EZLaw Wills and Estate Planning. Respondents said they haven’t planned for their estates because they are too stressed about paying their latest bills and the process seems too complicated.
DailyFinance.com
Women CEOs in emerging markets
Boardrooms in emerging markets are increasingly populated by women. In China, women account for 32 percent of senior managers, compared with 23 percent in the U.S. and 19 percent in Britain. In India, 11 percent of CEOs are women, compared with 3 percent of Fortune 500 bosses in the U.S. and 3 percent of FTSE 100 bosses in Britain.
The Economist
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Music reviews: Chance the Rapper, Cass McCombs, and Molly TuttleFeature "Star Line," "Interior Live Oak," and "So Long Little Miss Sunshine"
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Film reviews: Eden and Honey Don't!Feature Seekers of a new utopia spiral into savagery and a queer private eye prowls a high-desert town
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Critics' choice: Three chefs fulfilling their ambitionsFeature Kwame Onwuachi's grand second act, Travis Lett makes a comeback, and Jeff Watson's new Korean restaurant
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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