Category: Business

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  • Vatican Bank Under Investigation for Money Laundering

    Image: Vvillamon/Flickr Police are investigating Vatican Bank (a commonly-used name for Istituto per le Opere di Religione, or IOR) CEO Ettore Gotti Tedeschi on suspicion of money laundering. From the BBC: Prosecutors also seized 23m euros ($30m; £19m) from the bank’s accounts with another smaller institution. The inquiry was launched after two suspicious transactions were […]

  • 5 Jobs the Great Recession Made Obsolete

    Laid off or lucky: That’s how most employees have felt during the last 2 years of recession. But some jobs were endangered by technology and outsourcing even before the Great Recession. The economic crash accelerated their extinction, leaving hordes of people with unmarketable skills as casualties. Here are five jobs that the Great Recession helped […]

  • NBER: Recession Ended in June 2009

    What a recovery! In some rather hallucinatory Monday news, the National Bureau of Economic Research announced that the recession–yes, our recession–started in December 2007 and ended in June 2009. From their press release: At its meeting, the committee determined that a trough in business activity occurred in the U.S. economy in June 2009. The trough […]

  • This Week’s Weird Jobs

    Image: alancleaver2000/Flickr Are you, by any chance, a female Native American horse massager? Are you a good driver to boot? Pay heed. This week is all about you: 1. Dallas: Like High Pressure Environments? The Lazy Need Not Apply! Applicants must have previous experience with photocopying and scanning large amounts of legal documents. Must be […]

  • The Student Loan Scheme

    To supplement my post on the inflation of higher education, here’s a killer infographic by CollegeScholarships.org: Infographic by College Scholarships.org

  • What’s Inside the Small Business Bill?

    The Senate has passed the Small Business Jobs Act, a small business bill aimed at increasing lending. The measure would invest $30 billion in small community banks to spur business lending. The New York Times has a good detailed look at what’s inside the bill. Here’s the quick and dirty of it, from the bill […]

  • The 10 Best Online and Traditional Business Schools

    Which business school should you attend? Figuring out where to get your MBA is crucial to your career, your connections, and your future. Can you take two years off from work, or do you need your MBA to be part-time? On-campus or online? Where can you get in, given your qualifications? Finally, and perhaps most […]

  • Why Do Most Business Books Suck?

    I recently read an interesting take on business books by Tribal Leadership’s David Logan. He explains why most business books are bad for you: First, most business books use stories to cover over their complete lack of insight. This week, I read a galley of a book that I hope will never come out. After […]

  • Cancun Bar Bombs: Another Nail in Mexico’s Tourism Coffin

    The overdeveloped peninsula of Cancun, dripping tourist dollars. Image: cmakin/Flickr Eight people have died after someone threw petrol bombs into a bar in Cancun, a popular US tourist destination in Mexico. From the BBC: This won’t be good for all those All Inclusive Resorts In Cancun. The bar was set on fire early on Tuesday […]

  • How E-tailing Entrepreneurs Can Outsource Storage and Shipping

    This is a guest post by Shipwire’s Nate Gilmore. A common growth strategy among SMBs (small and medium-sized businesses) and start-ups today is outsourcing the non-core parts of their businesses so they can focus on selling and marketing their products. Thus, it shouldn’t be a surprise that many small to medium sized e-tailers are beginning […]