Being In The Minority Can Cost You And Your Company
Social scientists recently made an interesting discovery: The wage gap between blacks and whites (working identical jobs) varies greatly by location.
Business
Howard Buffett Battles Hunger, Armed With Money And Science
Warren Buffett's son, Howard, is using his foundation, stocked with $2 billion of his father's money, to address hunger in the U.S., as well as globally. He's trying to use his farming experience to help farmers be more productive and to get more food into the hands of those who need it most.
Residents Forced To Live Without Landlines
Verizon has taken the first step to replace copper lines with a home cellular connection in coastal areas hit hard by Hurricane Sandy. But many customers don't like the new phone connection, saying the new technology is inferior to traditional landlines.
Flying High And Low In 'Full Upright And Locked Position'
In a new book, aviation consultant Mark Gerchick writes that "the magic of air travel has morphed into an uncomfortable, crowded and utterly soulless ordeal." He talks about how it's gotten so bad, why there are so many hidden fees and if there actually is less leg room than there used to be.
Detroit Businesses See Opportunity In Bankruptcy
In Detroit, many business owners hope that filing for bankruptcy will help the city start fresh and ultimately become a thriving urban center mirroring other cities that recovered from near financial ruin.
White House Muddles Obamacare Messaging — Again
This summer was supposed to be a time for the Obama administration to reintroduce the public to the Affordable Care Act and teach people how to sign up for benefits this fall. But despite another White House speech, that's not happening. And an expert in political messaging thinks he knows why.
New Smartphone Upgrade Plans Can Be Costly In The Long Run
Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.
Will Robot Nannies Save Japan's Economy?
More than half of all Japanese women quit their job after giving birth to their first child.
In Dubai, Weight Loss Is Worth Gold
If you want people to slim down, why not reward them with gold? That's the tack being taken in Dubai, United Arab Emirates. For every kilogram lost, the government will pay out a gram of gold.
Federal Judge Green Lights Suit Against Private Equity Firms
The investor lawsuit claims the companies, including Blackstone, Carlyle and Bain Capital, colluded to drive down prices on hundreds of billions of dollars in takeovers.