Before Hilary Clinton and Sarah Palin, there was Geraldine Ferraro. A little known representative from New York, Ms. Ferraro was selected by Walter Mondale as his running mate on the 1984 Presidential ticket. In some respects, Ms. Ferraro stole the spotlight, not just because of the uniqueness of her candidacy, but also for her inspiring… Read more »

In a move reminiscent of Steve Jobs’ return to Apple, Larry Page is about regain control of Google. Page was the founding CEO, but handed over control to Eric Schmidt in 2001. Now Schmidt is retiring and Page is about step back into the former role. He is wasting no time implementing changes he believes… Read more »

SOURCE: cbsnews.com DATE: March 27, 2011 This segment from the 60 Minutes episode airing March 27, 2011, profiles how the American tax code encourages U.S. companies to invest abroad rather than in the United States. After Japan’s tax code is revised in April, according to this segment the United States will have the highest corporate… Read more »

Portugal’s Prime Minister Jose Socrates resigned on Wednesday after Portugal’s parliament rejected a budget proposal. The austerity measures included in the budget included spending cuts and tax increases and the proposal was widely unpopular. The defeat of the budget is likely to force Portugal to accept a bailout from the European Union (EU) and the… Read more »

In order for professional football to resume later this year, a new collective bargaining agreement must be negotiated between the team owners and the players union (which technically is non-existent). Since no agreement currently exists, the owners locked players out earlier this month. That means that players are not allowed to use team facilities for… Read more »

Pay is the cornerstone of the employment contract. It is difficult to find any worker that is not concerned about their pay to some degree. Although no specific study is cited, in one article, U.S. President Barack Obama references the historical gender pay gap. The second article reports a study conducted by Statistics Canada revealing… Read more »

Dealing with employee problems is rarely enjoyable, yet action is often necessary to ensure problems are not repeated. When the National Hockey League gave its toughest suspension of the season to the Pittsburgh Penguin’s Matt Cooke, it was trying to send a clear message that violent hits are unacceptable. Cooke is popular with his teammates… Read more »

In a rare concerted move, the central banks of major economies intervened in the foreign exchange markets on Friday to keep the value of the Japanese yen from appreciating. The currency had been appreciating since last week’s devastating earthquake and tsunami, and the currency broke through to record highs in late-day trading on Wednesday. Trading… Read more »

The situation in Japan highlights the dangers of globally integrated supply chains. The devastating effects of the natural disaster have created product shortages for critical component parts. Disruptions to the power supply and damage to the transportation infrastructure are contributing to production challenges even for Japanese firms that were not directly damaged by the earthquake… Read more »

As Japan begins the difficult recovery process after Friday’s devastating earthquake and tsunami, the short term and long-term consequences of the wide-spread destruction on the nation’s economy are unclear. Immediately following the earthquake on Friday, the value of the Japanese yen rallied based on expectations that Japanese companies would bring cash home and buy yen… Read more »