CHARLOTTESVILLE, Va. — No one knows where good ideas come from. In some cases, the answer may simply be to throw a bunch of brains together in a room and see what happens. That was the approach favored by the Jefferson Innovation Summit, a conference hosted by the University of Virginia this Tuesday and Wednesday. [...]
Rupert and James Murdoch face fresh attempts to remove them from the board of News Corp at next week’s shareholder meeting after a British investment adviser withdrew its support for the pair. Hermes Equity Ownership Services, owned indirectly by Britain’s largest pension fund, the BT scheme, said it planned to vote against the re-election of [...]
CHARLOTTESVILLE, Va. — No one knows where good ideas come from. In some cases, the answer may simply be to throw a bunch of brains together in a room and see what happens. That was the approach favored by the Jefferson Innovation Summit, a conference hosted by the University of Virginia this Tuesday and Wednesday. [...]
There are some major cities where pay appears to be growing, but not that quickly — and when you take inflation into account it might not be growing at all. The income level of the average American has taken a hit since the Great Recession, falling to a low at the end of 2009, according [...]
WASHINGTON — For more Americans, being out of work has become a semi-permanent condition. Nearly one-third of the unemployed – nearly 4.5 million people – have had no job for a year or more. That’s a record high. Many are older workers who have found it especially hard to find jobs. And economists say their [...]
COLUMBUS, Ohio – General Electric Co (GE.N) Chief Executive Jeff Immelt said on Thursday that despite worries about the state of the U.S. economy, conditions are “a lot different” than during the credit crisis of 2008 that set the stage for the last downturn. “This is a lot different than 2008, guys,” Immelt told reporters [...]
From 24/7 Wall St.: The highest rate in almost 30 years, nearly one and six Americans lived in poverty last year, according to recently released data from the U.S. Census Bureau. Many states choose to combat poverty rates by increasing the minimum wage. As of this year, 18 states have set a minimum wage higher [...]
As protesters share their stories in Zuccotti Park, Los Angeles, Washington, D.C., Chicago and other cities across the country, some are taking to the web to express their discontent with the wealthiest one percent of America. “We Are The 99 Percent,” a Tumblr started in connection with Occupy Wall Street, features hundreds of personal stories [...]
Of all demographic groups in the United States, the black community has been hit hardest by the unemployment crisis. Indeed, the percentage of currently unemployed African Americans is more than double that of whites, comparing more closely in some cities to those of the Great Depression. In major cities like Detroit, Milwaukee and Minneapolis, black unemployment [...]
As protesters share their stories in Zuccotti Park, Los Angeles, Washington, D.C., Chicago and other cities across the country, some are taking to the web to express their discontent with the wealthiest one percent of America. “We Are The 99 Percent,” a Tumblr started in connection with Occupy Wall Street, features hundreds of personal stories [...]
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