Wei Chee

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America’s secret weapon

UCLA’s Interface Message Processor (IMP) (R) is pictured in the birthplace of the Internet, at 3420 Boelter Hall, the original location of the first ARPANET node at UCLA in Los Angeles, California June 2, 2011. REUTERS/Fred ProuserThis presidential election has the country captivated. As many …

China Killed 1 Million U.S. Jobs, But Don't Blame Trade Deals

<i>This week, NPR and some member stations will be talking about trade on the campaign trail and in communities around the country.</i><p>Economists for decades have agreed that more open international trade is good for the U.S. economy. But recent research finds that while that's still true, when it comes …

Oil Falls After Botched Producer Meeting Undermines OPEC's Credibility

Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel.<p>Tensions between Saudi Arabia and Iran were blamed for the failure, which …

A Stanford dean on adult skills every 18-year-old should have

<i>This question originally appeared on Quora: What are the skills every 18 year old needs?</i> <i>Answer by Julie Lythcott-Haims, Author of NYT bestseller How to Raise an Adult; former Stanford dean; podcast host.</i><p>1. An 18-year-old must be able to talk to strangers<p>Faculty, deans, advisers, landlords, store …

Quora

The A-B-Cs of ETFs

If a mutual fund had a younger cousin, it would be an exchange traded fund (ETF).<p>An ETF is like a mutual fund in that it offers investors a pooled investment in stocks, bonds, and other assets. But that’s where the similarities end.<p>You can buy and sell ETFs any time during the trading day. But with …

Why the wealth of Africa does not make Africans wealthy

<b>(CNN) —</b> Katanga province in the Democratic Republic of Congo is blessed with enormous natural wealth, including vast deposits of precious minerals such as diamonds, gold, and tantalum.<p>Katanga saw a spectacular mining boom around the turn of the century, when President Laurent-Desire Kabila and then …

Africa

Five films about corporate scandals coming soon to a cinema near you

Leonardo DiCaprio's production company has bought the rights to a book about the Volkswagen emissions saga... and that's not the only upcoming film about recent corporate scandals<p>The Volkswagen emissions scandal is still hot off the press, with the fallout from the crisis expected to take several …

It's wicked expensive to host the Olympics

July 28, 2015 | 4:59 AM<p>$6.3 billion<p>That's BP's second-quarter loss, reported Tuesday morning. The company has been dealing not only with falling oil prices, but also the aftermath of the Deepwater Horizon spill, which has already cost $55 billion in pre-tax charges. And as the Wall Street Journal …

What's behind the M&A mania

August 10, 2015 | 4:00 PM<p>Embed Code<iframe src="https://www.marketplace.org/2015/08/10/business/whats-behind-ma-mania/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe src="https://www.marketplace.org/2015/08/10/business/whats-behind-ma-mania/popout" …

Why the Chinese currency matters to the U.S. economy

August 12, 2015 | 4:00 PM<p>Embed Code<iframe src="https://www.marketplace.org/2015/08/12/world/why-chinese-currency-matters-us-economy/popout" frameborder="0" width="100%" height="240px"></iframe><p>Copy<br>• Close<p>Embed Code<iframe …

No, the economy is not like a roller coaster

When the market goes wild, people say the economy is like a roller coaster. And, frankly, I am sick and tired of this disgusting comparison. Someone has got to stick up for the inventor of roller coasters, my grandfather, Dr. Johann T. Rollercoaster.<p>And yes, laugh at his name if you must. It was …

They're a hot investment, but are ETFs safe?

More Americans are investing in their futures using exchange traded funds, or ETFs. They’re exploding in popularity as investors large and small sign up, seeking tax advantages and flexible trading that mutual funds lack. The industry now has $2.1 trillion in assets, on track to hit $5 trillion in …

Obama visits a state that lives climate change: Alaska

President Barack Obama is in Alaska this week to talk about climate change. Some environmentalists say it’s a bit hypocritical, because just two weeks ago the government gave Royal Dutch Shell the green light to drill for oil and gas in the Arctic Ocean. Some Alaskans, too, are concerned about the …

Converting a phosphate mine to golf course resort

Around the country, many abandoned old mine sites have been coming alive again as golf courses. Old gypsum mines in Michigan, and an old copper mine Superfund site in Montana are a couple of examples.<p>In remote central Florida, land turned inside out by phosphate mining has been transformed yet …

Russia destroys tonnes of foreign food imports

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1184000/1184954_h264_1500k.mp4?__gda__=1524699573_28a5becf4eb14966ccfc778acb27b3e5<p><b>Russia has bulldozed a pile of Western-produced cheese and tonnes of other foodstuffs imported in violation of sanctions.</b><p>The country has also …

10 email templates you'll need during your job search

Job searching involves a whole lot of email. Reaching out to a LinkedIn connection about an open position. Emailing the hiring manager your well-crafted cover letter and a link to your portfolio. Writing (and deleting, and rewriting) yet another follow-up email.<p>And that’s pretty daunting. After …

Employment

Worst-case scenario in the boardroom

For directors who sit in the boardrooms of companies with exposure to Greece, the Greek financial crisis has been front of mind for several months.<p>But even the most prepared organisations have been taken aback by the severity of Greece’s situation.<p>Witnessing how quickly the nation’s finances have …

Overworked? It might be your own fault

Early in his career, Jeremy Decuyper completed an internship at an investment bank in London, where it was the norm to work long hours.<p>He was exhausted after only three months, but the experience was formative. "I got much more clear on what kind of professional I want to become and which jobs I …

20 All-Time Best Steve Jobs Quotes

Steve Jobs died in 2011, but his legacy as the co-founder of Apple lives on. He was a master of innovation, an entrepreneur to model. Here are his all-time best quotes.<p>Which is your favorite Jobs quote? Post it on my Twitter feed.<p>1. "Sometimes when you innovate, you make mistakes. It is best to …

stevejobsquotes

The Latest: German lawmakers back Greek bailout

ATHENS, Greece (AP) — The latest on Greece's financial crisis (all times local):<p>12:30 a.m.<p>Lawmakers from German Chancellor Angela Merkel's …

How to Win Friends and Influence People

Any fool can criticize, complain, and condemn—and most fools do. But it takes character and self-control to be understanding and forgiving.<p>It’s safe …

Self Control

Best Books for Investors: A Short Shelf

I’m often asked, especially as the holiday gift-giving season approaches, which books I recommend for investors.<p>I haven’t kept exact count, of course, but over the past quarter-century I have surely read (or tried to read) a couple thousand books on investing. Nearly all of them were a tragic waste …