The spinoff boom is a boon for this economy

Not too long ago the prevailing corporate buzzword was „synergy.” Combine one business with another, eliminate redundancies, and watch the profits accumulate. Not all mergers would succeed, of course, but two heads would usually prove better than one, particularly at companies where revenue and innovation had stagnated. In 2011, however, a growing number of large […]

Libya set to get back $37 billion from U.S.

Even before Moammar Gadhafi’s death Thursday, the Treasury Department was already starting to thaw some $37 billion worth of frozen Libyan assets to make them available to the new government in Tripoli.

What really has the 99% up in arms

The most important fact to realize about the rash of popular protests around the world — Occupy Wall Street in the U.S., demonstrations in Greece, Spain, London, and elsewhere in Europe, violent uprisings in rural China, even the revolutions of the Arab Spring — is that they aren’t about money or inequality. If they were, […]

7 great government-backed inventions

It’s under fire for backing now-bankrupt Solyndra, but the government has a long history of investing in cutting-edge technology. Without it, many products we can’t live without may not have been developed, such as…

Job huting tips from Zappos hiring manager

Most job search advice is offered by so-called 'experts’ who aren’t actually responsible for hiring anyone. But hiring managers at major employers are on the front lines of the job market crisis. They screen thousands of applicants a week and are in a unique position to reveal what job seekers are doing wrong, and what […]

Who Zappos is hiring

Most job search advice is offered by so-called 'experts’ who aren’t actually responsible for hiring anyone. But hiring managers at major employers are on the front lines of the job market crisis. They screen thousands of applicants a week and are in a unique position to reveal what job seekers are doing wrong, and what […]