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Issue of the week: Is the employment picture brightening?
feature The monthly jobs report was “full of good news,” but some commentators say hiring will remain sluggish.
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Issue of the week: Twitter’s public stock offering
feature As Twitter prepares for its initial public offering, “its books aren’t pretty.”
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Issue of the week: JPMorgan in Washington’s crosshairs
feature The biggest U.S. bank is discussing an $11 billion payment to settle government investigations related to the mortgage crisis.
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Dismal prospects for decent jobs
feature The few jobs the economy is managing to create are the least productive, said Edward Luce at the Financial Times.
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In defense of the 1 percent
feature Face it: The 1 percenters “generally have the nerve, drive, and self-assurance that the rest of us could only dream of,” said John Tamny of Forbes.com.
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Immigrants foster innovation
feature Skilled immigrants inspire our native-born scientists to be more innovative, and their contacts also help multinational firms expand overseas, said Robert Guest in Salon.com.
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Viewpoint: Tom McNichol
feature From TheAtlantic.com: “With the death and canonization of Steve Jobs and the emergence of the Jobs biography as a kind of sacred text for managers...
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Wall Street discourages drug R&D
feature When Pfizer announced this year that it was slashing spending on research and development, its shares rose more than 5 percent, said Dan Primack at Fortune.
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The SEC’s losing battle against banks
feature By urging the SEC to punish financial crimes more aggressively, Judge Jed Rakoff “may have inadvertently made the SEC’s job” that much tougher, said Tim Fernholz at The New Republic.
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Viewpoint: Geoff Colvin
feature From Fortune: “Wall Street has to change in painful ways. The major firms, gloriously profitable just a few years ago, are not earning their cost of capital. They’re failing...
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A double standard on default
feature While corporations get praised for staging strategic defaults, homeowners are painted as “dishonorable deadbeats” if they walk away from their mortgages, said James Surowiecki at The New Yorker.
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Wal-Mart’s art of shame
feature Several paintings in the Crystal Bridges Museum of American Art strike me as “especially pointed commentaries” on the retailer’s baleful effect on our country and its economy, said Jeffrey Goldberg at Bloomberg.com.
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One CEO takes a noble stand
feature Gerard J. Arpey may be “the only airline CEO who regarded bankruptcy not simply as a financial tool but, more important, as a moral failing,” said D. Michael Lindsay at The New York Times.
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Mall rats don’t foster prosperity
feature Our promotion of consumption “as the key to health and wealth” has whittled the savings rate from an average of 9.6 percent in the 1970s to 3.3 percent in the 2000s, said Caroline Baum at Bloomberg.com.
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