Employees Archives - Page 16 of 18 -
The high court will try to clarify who is responsible when workers’ retirement plans lose money because of a drop in the employer’s stock price.
WASHINGTON — The U.S. Supreme Court said Friday that it would decide whether employees who suffer big losses in retirement accounts can sue their company if it encouraged them to invest in the company’s shaky stock.
As the world mourns the loss of Nelson Mandela and commemorates his greatness as a leader, we would do well to remember that one of the many hallmarks of his leadership was trust. The greatest leaders in the world gravitated toward Mr. Mandela because he was genuinely trustworthy and his purpose was to support peace, prosperity and unity not only in South Africa – but throughout the world. Mandela was able to lead people in ways that many find impossible to do. As he famously said, “It always seems impossible until it’s done.”
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Internally, the gold iPhone 5s was jokingly referred to as ‘The Kardashian Phone’ by some Apple employees. This fact was tweeted out by the NYT’s Nick Bilton today and we confirmed the nickname with our sources. Yes, we asked this question of our sources.
Apparently this was not a serious ‘code name’ or anything, just an internal joke. Kim Kardashian, of course, has a well-known connection to gold iPhones. The reality star actually had an iPhone 5 that was anodized gold long before Apple’s ‘champagne’ device hit the market, as you can see in the image below.
The thing is, it’s a joke right? I’m sure that people in Apple know Kim loves a gold iPhone just as much as the rest of us. It was a fairly unpopular stance for quite a while to say that the gold iPhone might actually be…pretty hot.
But the fact is that the gold iPhone was easily the most sought-after model at launch. Before launch, everyone laughed about the thought of a glossy, sickly gold iPhone 5s. After launch, the opinions were almost universally the opposite; even those that didn’t necessarily love the gold acknowledged that it wasn’t bad after all.
— Kim Kardashian (@KimKardashian) December 7, 2012
At this point, we don’t know if Kim actually has a new gold 5s, they’re still in fairly short supply. It’s possible that Kim is using a gold iPhone 5s inside a black case in the famous bathing suit image above. We’ll leave it for a site in tune with the celebrity iPhone news to decipher.
BGR perhaps? BGR actually says Kim is using a black iPhone 5 now. Stay tuned as we bring you the latest in Kim Kardashian iPhone news.
Image Credit: Kim Kardashian.
@kimkardashian Do you own a gold iPhone 5s?
— Alexia Tsotsis (@alexia) October 18, 2013
The hullabaloo around generational workplace dynamics seems to have intensified of late. TIME magazine ran a provocative and controversial article at the end of May calling Millenials “lazy, entitled narcissists.” Last year, The New York Times published a gem called “The Go-Nowhere Generation.” And scores of other outlets and bloggers have encouraged organizations with the latest let-them-text-each-other-in-meetings or let’s-give-everyone-a-trophy strategy. After all, the 85 million strong Gen-Y workforce revolution is in full swing (hello, me!), and employers are taking notice.
Forbes Real Time
FRANKFURT (Reuters) – RWE AG may cut more jobs than planned as it battles sluggish demand for energy in a struggling European economy, its chief executive said after Germany's No.2 utility shocked the market with a hefty dividend cut. "We will have to make do with fewer employees in the future," German daily Die Welt cited Peter Terium as saying in an interview published on Saturday. His comments come two days after RWE announced plans to halve its 2013 dividend to 1 euro per share, sending the company's stock lower. …
According to the late comedian George Carlin, “Most people work just hard enough not to get fired and get paid just enough money not to quit.” I have shared this statement with thousands of employees in many different companies and industries in the course of my organizational development efforts, and most people agree with George. This unfortunate blend of human nature and corporate finance is perhaps the greatest impediment to gaining the much-sought-after prize of employee engagement. As long as the default positions of the workforce and the company result in value minimization (i.e., giving the smallest amount possible in order to get what they need), enterprises that must create value in order to grow are doomed to repeat Gallup’s poll numbers[i] year after year. Thus, discretionary effort in the workforce continues to be untapped, and what could be a game-changing portion of customer value remains uncreated.
Forbes Real Time
2 former JPMorgan employees charged in NYC with concealing $ 6B 'London …
NEW YORK — Two former JPMorgan Chase & Co. traders were accused of trying to conceal the size of the investment bank's $ 6 billion trading loss last year in criminal conspiracy charges unsealed Wednesday that raised fresh questions about whether Wall …
Ex-JPMorgan employees charged in $ 6B loss
Ex-JPMorgan Bankers Charged by U.S. in $ 6.2 Billion Loss
The London Whale Becomes a Rat to Avoid Criminal Charges
Companies could capture a big missed opportunity to optimize their employees’ talent to burnish their brand — and boost esprit de corp. How? By facilitating tighter, smarter teamwork via apt use of social tools. In light of the unsettling Gallup report that, “70% of Americans are unhappy and uninspired at work” this approach should be a wake-up call for top management, suggests Cheryl and Mark Burgess in their new book, The Social Employee, a notion that Dan Pontefract has famously spearheaded at Telus.
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Bitcoin is now officially mainstream. According to BTC Geek, Bloomberg terminal users can now look up Bitcoin’s pricing history. Data comes from ubiquitous Bitcoin exchange service Mt. Gox as well as Tradehill.
For now, only Bloomberg employees can access the ticker. But the feature should make its way to regular Bloomberg terminal customers under the label XBT. The ticker probably shows what a bitcoin is worth in U.S. dollars over time.
So far, trading Bitcoins have remained a hobby activity as volatility is very important. It’s hard to predict price changes due to the lack of tools and the relatively low number of Bitcoin traders compared to currency traders. One of the most efficient tickers is Bitcoinity, but Bloomberg terminals could become the de facto standard for traders. The feature proves that investment banks are interested by the cryptocurrency.
With the Bloomberg terminal, traders could easily compare Bitcoins with other currencies in order to short them. When it comes to shorting currencies, traders do it by investing their portfolio in another currency. For example, they would sell USD to buy EUR, effectively creating a net short USD and a net long EUR position.
Yet, traders still have to use Bitcoin exchange services like Mt. Gox or Tradehill for transactions. They won’t be able to execute buy or sell orders from their Bloomberg terminals. It could be the last technical difficulty before investing some time and money in Bitcoins.
At first, the Bloomberg terminal remains a great tool to keep up with financial news. It even includes Twitter feeds now. Even if Bitcoin trading won’t become the main activity on Wall Street, the ticker creates another data point for information purposes.
Just three days ago, a federal judge in Texas ruled that Bitcoin is a currency. Transactions and institutions should therefore be regulated just like other financial institutions that deal with dollars. Similarly, back in May, Mt. Gox had to state that it provides money services in order to continue to operate in the U.S.
While the original purpose of Bitcoin was that there was no central bank and regulation, Bloomberg confirms yet again the legitimation of Bitcoins with the new ticker. Bitcoins and U.S. dollars will soon appear on the same screen, side by side. Traders, start trading.
Moo Cluck Moo, Detroit-Area Fast Food Eatery, Pays Its Employees $12 An Hour, Still Profits, Founder ClaimsAugust 5, 2013 | dailybusinessnews
Fast food workers’ wages have become a topic of controversy in recent weeks, as employees took to the streets claiming fast food giants aren’t paying them enough to survive.
Enter Moo Cluck Moo, a Detroit-area burger joint profiting while still paying its employees $ 12 an hour. Brian Parker, the restaurant’s co-founder, explained the philosophy behind paying workers more than the the state mandated-minimum wage of $ 7.40 an hour.