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The End Of Subsidized Phones Could Be Near

For almost a decade and a half, mobile customers – and Americans in particular – have enjoyed a certain economic perk: phone subsidies from the major carriers. This meant you could, on sign-up, get a very expensive phone for at most a few hundred dollars and, as an incentive to hang around, upgrade …

Associated Press News

Bank of America: Bitcoin Will Be 'Serious Competitor' to Cash | Inc.com

For the first time since the mysterious Satoshi Nakamoto created Bitcoin in 2009, a major Wall Street bank has issued an opinion on the cryptocurrency--Bank of America is betting on Bitcoin's legitimacy, according to a report released today.<p>Bank of America Merrill Lynch claims Bitcoin may "emerge …

Bitcoin

Supermarkets selling chicken that is nearly a fifth water

Consumers paying 65p a kilo for water, as legality of process of 'tumbling' imported chicken called into question<p>Frozen chicken breasts on sale in leading supermarkets are being pumped up with water and additives that make up nearly a fifth of the meat to the point where consumers are paying about …

China’s yuan overtook the euro to become the second-most used currency in global trade finance after the dollar this year. | http://bloom.bg/1eKEvJJ (Photo: Jerome Favre/Bloomberg)

If You Want to Change the World, Partner with China

China has packed the equivalent of 200 years of industrialization in America into just two decades. A population of two million is considered a small city. A Chicago of new skyscrapers is built every year. And 200 million more people will move into cities in the next 12 years. Here, big is bigger …

Ten Predictions for China’s Economy in 2014

China has recently made major decisions about its economic future. On November 15, 2013, China announced dramatic new social and economic policies contemplating much greater reliance on market forces than it has in the past and inviting private-sector participation and foreign competition in …

Learning to Say “No” Is Part of Success

Success* is often built on a reflexive habit of saying “yes” to opportunities that come our way. We’re hungry for any chance to prove ourselves, and when we’re presented with one, we take it, even—or especially—if it seems daunting. (A lesson I learned years ago was to say yes to opportunities that …

Twitter, which surged in its initial public offering, will decline over the next six months, according to a Bloomberg poll of investors. | http://bloom.bg/1g2PHCd

In Pakistan, Thousands Protest Against U.S. Drone Strikes

Thousands of demonstrators took to the streets of Pakistan to protest U.S. drone strikes inside their country.<p>Reporting from Islamabad, NPR's Philip Reeves reports protesters blocked an important road used to carry supplies to NATO troops in Afghanistan. Philip filed this report for our Newscast …

Afghanistan elders seek US security pact signing in 2013

<b>Afghan elders at a grand assembly in Kabul have called for a security deal with the US to be signed this year.</b><p>The pact allows thousands of US troops to remain in Afghanistan once combat operations end in 2014.<p>But President Hamid Karzai, who wants to delay the deal, told delegates he would only sign …

Afghanistan

Obama: Iran deal is 'important first step' (full text, video)

As prepared for delivery and provided by the White House.<p>—<p>Today, the United States – together with our close allies and partners – took an important first step toward a comprehensive solution that addresses our concerns with the Islamic Republic of Iran’s nuclear program.<p>Since I took office, I have …

Associated Press News

Associated Press News

Come On, Apple Fans, It's Time To Admit That The Company Is Blowing It

The message was clear:<p>Apple is getting its clock cleaned by Samsung, which is now by far the dominant smartphone maker in the world. (Samsung had 32% of the global market in Q3, the same share as a year ago. Apple, meanwhile, had only 12% of the market, down from 14% a year ago.)<p>Yes, both companies …

Markets

Phil Schiller in Samsung retrial: making a smaller iPad 'wasn't about the competition'

In front of a courtroom jury this morning, Apple marketing chief Phil Schiller claimed that Samsung's patent infringement has weakened "the view that the world has for Apple." By copying the company's marquee iPhone and iPad products, Samsung has effectively diluted Apple's brand, Schiller argued. …

Ballmer admits Microsoft needs a new leader for change

Microsoft board pressured Ballmer to move a lot quicker<p>Microsoft CEO Steve Ballmer is planning his retirement in the next nine months from the software giant he helped build, but he’s also assisting with a reorganization for his successor. In exclusive interviews with <i>The Wall Street Journal</i>, …

China

Helicopter crashes in to 38-storey luxury apartment block in Seoul

Pilots killed as propeller blades clip side of high rise building sending helicopter crashing in to the ground<p>A helicopter plunged to the ground in Seoul, killing both pilots after its propeller clipped the side of a 38-story luxury apartment building.<p>Fire official Cha Yang-oh told reporters …

Gangnam Style

The Value of Being the “Weird” Job Candidate

In the 1930s, Hedwig von Restorff, a German psychologist, made an important, though not very counterintuitive, discovery: things that somehow <b>stand out</b> are remembered more easily than typical things. Suppose we read the following list to a group and then asked them to recall it:<p>apple, truck, …

Emotional Agility

Sixteen thousand—that’s how many words we speak, on average, each day. So imagine how many unspoken ones course through our minds. Most of them are not facts but evaluations and judgments entwined with emotions—some positive and helpful (<i>I’ve worked hard and I can ace this presentation; This issue</i> …

Why Is Resilience So Hard?

Resilience has long been touted as an essential capability for bouncing back from leadership setbacks. Earlier this year, Rosabeth Moss Kanter advanced the conversation with an excellent article on the topic.<p>Yet despite the overwhelming consensus and supporting evidence that resilience is vital for …