The U.S. Treasury has released images of a redesigned $100 bill with new, Bladerunner-esque security features. Benjamin Franklin now consorts with a blue 3D security ribbon and a "bell in the inkwell" security stamp whose color fluctuates from copper to green (watch a video preview below). While Gawker's Hamilton Nolan damned the futuristic new look as "embarrassingly colorful" — "it looks like a god damn child's crayon scratch pad" — other critics embraced the redesign, which will enter circulation next February: "This is money that tells you it is coming from the future," says Alex Balk at The Awl.
Showing posts with label Economic. Show all posts
Showing posts with label Economic. Show all posts
Chinese tycoon Huang Guangyu 'attempts suicide' in detention
One of the richest men in China has attempted suicide after nearly six months in detention while under investigation for alleged manipulation of share prices.
Huang Guangyu, a billionaire who made his fortune in electronics, made the suicide attempt a few days ago but was found in time and was recovering, the Apple Daily in Hong Kong said.
Huang Guangyu, a billionaire who made his fortune in electronics, made the suicide attempt a few days ago but was found in time and was recovering, the Apple Daily in Hong Kong said.
Chinese tycoon Huang Guangyu charged with insider trading
A self-made entrepreneur once hailed as the wealthiest man in China has been charged with insider trading, in the latest twist in a rags-to-riches career.
More than 15 months after he was first arrested, Huang Guangyu now seems certain to swap his large home in a gated compound in Beijing for a prison cell.
More than 15 months after he was first arrested, Huang Guangyu now seems certain to swap his large home in a gated compound in Beijing for a prison cell.
Chinese billionaire Huang Guangyu goes on trial
The founder of China’s largest home appliance chain, once the country’s richest man, went on trial today amid some of the tightest security seen at a Beijing court.
Huang Guangyu, 41, former head of giant chain Gome Electronics, faces charges of insider trading, bribery and other business offences. Also on trial with him are his wife, Du Juan, and the former chairman of a property development company that he controlled.
Huang Guangyu, 41, former head of giant chain Gome Electronics, faces charges of insider trading, bribery and other business offences. Also on trial with him are his wife, Du Juan, and the former chairman of a property development company that he controlled.
Ganging up on Google
After gaining near-universal admiration for its moral stand against China just under a month ago, Google quickly got knocked off that pedestal.
Last week, the search giant was hit with two major lawsuits over Google Books and Google Buzz, three public advocacy groups jointly filed a privacy complaint against Google with the Federal Trade Commission, and, most critically, the FTC readied an antitrust challenge to Google's deal for mobile advertising company AdMob.
"When you get to be the size of Google, you can expect legal battles to be constant," said Andrew Frank, Google analyst at Gartner. "This is going to be a continuing source of friction for them."
Whether or not Google's legal woes ultimately hurt the company's long-term profitability or stock price remains to be seen.
"The AdMob episode highlights the fact that Google may be entering a difficult phase with respect to its attempts to expand into adjacent businesses," said Tim Boyd, senior Internet analyst at MKM partners, in a note to investors. "Mobile advertising is of particular importance to Google's longer-term growth strategy. The loss of AdMob would serve as a significant setback."
Boyd held his rating on Google at "neutral" because "increased antitrust risk could remain a significant sentiment overhang."
Any risk that Google may face more antitrust issues could cause a big wrinkle in the company's growth prospects, according to Richard Fetyko, analyst at Merriman Curhan Ford.
Google already dominates the search market, and Fetyko says there are only a couple real growth opportunities: Mobile is one, and display ads are another. Google is still a relatively small player in both those markets, but strong growth in either space could raise regulators' eyebrows, he said.
Still, others think that this latest slurry of legal trouble is not much to worry about, especially because Apple may have inadvertently helped Google's cause. Last Thursday, a day after the news came out about the FTC's antitrust concerns, Apple (AAPL, Fortune 500) introduced its new mobile advertising business, called "iAd," which will compete directly with AdMob.
That changed most analysts' sentiment about the FTC's chances against Google.
"Though AdMob is the mobile ad leader, it is only generating $100 million of revenue a year in a market that takes in $30 billion in the United States alone," said Trip Chowdry, analyst at Global Equities Research. "The fact that Apple came up with its own ad platform shows the space is evolving. It will be difficult for the FTC to block the deal."
As for the two lawsuits and the privacy concerns, most analysts just shrugged their shoulders.
"I think there's merit to comparisons with Microsoft (MSFT, Fortune 500)," said Frank. "There's a sense that the incumbent is always the biggest target. But none of this has the nature of a fatal setback."
Meet the Google iPad
"It's irrelevant; this is just the cost of doing business," said Chowdry. "I expect solid numbers from Google in the future. Investors should only think about Google's innovations."
Google is set to report its first-quarter financial results on Thursday after the bell, and profit and sales are both expected to soar. The consensus estimate of analysts surveyed by Thomson Reuters is for earnings per share of $6.58 on revenue of $4.9 billion, up 21% from year-ago levels.
Shares of Google (GOOG, Fortune 500) rose $1.33 to $588.10 Wednesday. Google's stock has failed to keep pace with the tech-heavy Nasdaq Composite this year. While the Nasdaq has risen 9.5%, Google has fallen 5.6%.
Investors initially sold off the company's stock during its standoff with China in January, as many viewed the announcement as turning Google's back on 700 million Internet users. When it became clear that Google was not leaving behind China's mobile market, Google's shares gained back some lost momentum.
Last week, the search giant was hit with two major lawsuits over Google Books and Google Buzz, three public advocacy groups jointly filed a privacy complaint against Google with the Federal Trade Commission, and, most critically, the FTC readied an antitrust challenge to Google's deal for mobile advertising company AdMob.
"When you get to be the size of Google, you can expect legal battles to be constant," said Andrew Frank, Google analyst at Gartner. "This is going to be a continuing source of friction for them."
Whether or not Google's legal woes ultimately hurt the company's long-term profitability or stock price remains to be seen.
"The AdMob episode highlights the fact that Google may be entering a difficult phase with respect to its attempts to expand into adjacent businesses," said Tim Boyd, senior Internet analyst at MKM partners, in a note to investors. "Mobile advertising is of particular importance to Google's longer-term growth strategy. The loss of AdMob would serve as a significant setback."
Boyd held his rating on Google at "neutral" because "increased antitrust risk could remain a significant sentiment overhang."
Any risk that Google may face more antitrust issues could cause a big wrinkle in the company's growth prospects, according to Richard Fetyko, analyst at Merriman Curhan Ford.
Google already dominates the search market, and Fetyko says there are only a couple real growth opportunities: Mobile is one, and display ads are another. Google is still a relatively small player in both those markets, but strong growth in either space could raise regulators' eyebrows, he said.
Still, others think that this latest slurry of legal trouble is not much to worry about, especially because Apple may have inadvertently helped Google's cause. Last Thursday, a day after the news came out about the FTC's antitrust concerns, Apple (AAPL, Fortune 500) introduced its new mobile advertising business, called "iAd," which will compete directly with AdMob.
That changed most analysts' sentiment about the FTC's chances against Google.
"Though AdMob is the mobile ad leader, it is only generating $100 million of revenue a year in a market that takes in $30 billion in the United States alone," said Trip Chowdry, analyst at Global Equities Research. "The fact that Apple came up with its own ad platform shows the space is evolving. It will be difficult for the FTC to block the deal."
As for the two lawsuits and the privacy concerns, most analysts just shrugged their shoulders.
"I think there's merit to comparisons with Microsoft (MSFT, Fortune 500)," said Frank. "There's a sense that the incumbent is always the biggest target. But none of this has the nature of a fatal setback."
Meet the Google iPad
"It's irrelevant; this is just the cost of doing business," said Chowdry. "I expect solid numbers from Google in the future. Investors should only think about Google's innovations."
Google is set to report its first-quarter financial results on Thursday after the bell, and profit and sales are both expected to soar. The consensus estimate of analysts surveyed by Thomson Reuters is for earnings per share of $6.58 on revenue of $4.9 billion, up 21% from year-ago levels.
Shares of Google (GOOG, Fortune 500) rose $1.33 to $588.10 Wednesday. Google's stock has failed to keep pace with the tech-heavy Nasdaq Composite this year. While the Nasdaq has risen 9.5%, Google has fallen 5.6%.
Investors initially sold off the company's stock during its standoff with China in January, as many viewed the announcement as turning Google's back on 700 million Internet users. When it became clear that Google was not leaving behind China's mobile market, Google's shares gained back some lost momentum.
Google earnings soar 38%
Google posted quarterly sales and profit that trumped Wall Street expectations Thursday, boosted by a rebounding advertising market.
The search giant's net income was $1.96 billion, or $6.06 per share, in the first quarter, up 38% from $1.42 billion from the same period last year.
Excluding one-time charges, the Mountain View, Calif.-based company earned $2.18 billion in the first quarter, or $6.76 per share, up from $1.64 billion a year earlier. That easily beat analysts expectations, which called for earnings of $6.60 per share.
Google's revenue surged 23% to $6.77 billion. Excluding traffic acquisition costs, which are the advertising sales that Google shares with partners, the company reported sales of $5.06 billion, beating the $4.95 billion in revenue expected by analysts.
Sales were lifted by a recovering advertising market.
More Internet users clicked on ads in the first quarter, Google said. The number of paid clicks on ads served on Google's Web site and its partner Web sites increased 15% from last year and 5% from the fourth quarter of 2010.
Additionally, "large advertisers have come back in force," Patrick Pichette, Google's CFO, said in an earnings call.
Advertisers paid 7% more per click for ads on sites owned by Google and its partners in the first quarter than they did a year ago, though the cost per click was down 4% from the fourth quarter of 2009.
"Google performed very well in the first quarter," said Pichette in a statement. "Going forward, we remain committed to heavy investment in innovation -- both to spur future growth in our core and emerging businesses as well as to help build the future of the open web."
Ramped up hiring: The number of Google employees also grew during the quarter. The company employed 20,621 full-time employees as of March 31, 2010, up nearly 800 from Dec. 31, 2009.
"We expect to continue hiring aggressively throughout the year," Pichette said in the earnings call. "Now that this infrastructure is in place, you can expect to see us continue to invest heavily in this form."
China: Due to an ongoing dispute about government censorship of its search engine, Google announced last month that it would pull out of its mainland China office and operate an uncensored version of its site in Hong Kong.
To ease worries about the impact this decision may have on business, Pichette told investors that leaving mainland China was the "right call" and wouldn't affect future sales.
The decision "clearly has us staying in China; we have just changed our strategy," he said. "What we've really done is, we've stopped censoring, but the access to Google is still available."
Mobile growth: While Google declined to disclose details about the sales of its Nexus One phone, introduced in January, the company acknowledged that it has been "a profitable business."
"We're very happy with the device uptake and the kind of impact this has had on the industry," said Jeff Huber, senior vice president for engineering.
Huber added that Google is seeing more than 60,000 Android smartphones sold and activated daily.
AdMob: Last week, the Federal Trade Commission was reportedly preparing to challenge Google's merger with mobile advertising giant AdMob on grounds that it would violate antitrust laws.
In response to the accusation, Pichette said Thursday that the mobile advertising industry is "incredibly competitive" but that Google is working with the FTC and is "very positive about making this transaction happen."
Google agreed to buy AdMob, which provides display advertising technology for mobile Internet sites, for $750 million last November.
No more Schmidt: Pichette announced that Google CEO Eric Schmidt will no longer be participating in the company's earnings calls.
However, he said investors should not read into this decision.
"Eric is everywhere, he's very public," said Pichette. "The fact that we've decided to streamline our process just for earnings doesn't mean that [Eric] is not available."
Despite the company's positive first quarter results, shares of Google (GOOG, Fortune 500) were down more than 4% in after hour trading.
Investors will be eyeing Google's competitors Yahoo! (YHOO, Fortune 500) and Apple (AAPL, Fortune 500), which are scheduled to announce their first quarter earnings results next week.
The search giant's net income was $1.96 billion, or $6.06 per share, in the first quarter, up 38% from $1.42 billion from the same period last year.
Excluding one-time charges, the Mountain View, Calif.-based company earned $2.18 billion in the first quarter, or $6.76 per share, up from $1.64 billion a year earlier. That easily beat analysts expectations, which called for earnings of $6.60 per share.
Google's revenue surged 23% to $6.77 billion. Excluding traffic acquisition costs, which are the advertising sales that Google shares with partners, the company reported sales of $5.06 billion, beating the $4.95 billion in revenue expected by analysts.
Sales were lifted by a recovering advertising market.
More Internet users clicked on ads in the first quarter, Google said. The number of paid clicks on ads served on Google's Web site and its partner Web sites increased 15% from last year and 5% from the fourth quarter of 2010.
Additionally, "large advertisers have come back in force," Patrick Pichette, Google's CFO, said in an earnings call.
Advertisers paid 7% more per click for ads on sites owned by Google and its partners in the first quarter than they did a year ago, though the cost per click was down 4% from the fourth quarter of 2009.
"Google performed very well in the first quarter," said Pichette in a statement. "Going forward, we remain committed to heavy investment in innovation -- both to spur future growth in our core and emerging businesses as well as to help build the future of the open web."
Ramped up hiring: The number of Google employees also grew during the quarter. The company employed 20,621 full-time employees as of March 31, 2010, up nearly 800 from Dec. 31, 2009.
"We expect to continue hiring aggressively throughout the year," Pichette said in the earnings call. "Now that this infrastructure is in place, you can expect to see us continue to invest heavily in this form."
China: Due to an ongoing dispute about government censorship of its search engine, Google announced last month that it would pull out of its mainland China office and operate an uncensored version of its site in Hong Kong.
To ease worries about the impact this decision may have on business, Pichette told investors that leaving mainland China was the "right call" and wouldn't affect future sales.
The decision "clearly has us staying in China; we have just changed our strategy," he said. "What we've really done is, we've stopped censoring, but the access to Google is still available."
Mobile growth: While Google declined to disclose details about the sales of its Nexus One phone, introduced in January, the company acknowledged that it has been "a profitable business."
"We're very happy with the device uptake and the kind of impact this has had on the industry," said Jeff Huber, senior vice president for engineering.
Huber added that Google is seeing more than 60,000 Android smartphones sold and activated daily.
AdMob: Last week, the Federal Trade Commission was reportedly preparing to challenge Google's merger with mobile advertising giant AdMob on grounds that it would violate antitrust laws.
In response to the accusation, Pichette said Thursday that the mobile advertising industry is "incredibly competitive" but that Google is working with the FTC and is "very positive about making this transaction happen."
Google agreed to buy AdMob, which provides display advertising technology for mobile Internet sites, for $750 million last November.
No more Schmidt: Pichette announced that Google CEO Eric Schmidt will no longer be participating in the company's earnings calls.
However, he said investors should not read into this decision.
"Eric is everywhere, he's very public," said Pichette. "The fact that we've decided to streamline our process just for earnings doesn't mean that [Eric] is not available."
Despite the company's positive first quarter results, shares of Google (GOOG, Fortune 500) were down more than 4% in after hour trading.
Investors will be eyeing Google's competitors Yahoo! (YHOO, Fortune 500) and Apple (AAPL, Fortune 500), which are scheduled to announce their first quarter earnings results next week.
Social networking startup poised for IPO
Social networking startup Demand Media is preparing an initial public offering and has hired Goldman Sachs as an underwriter, according to a report published Friday.
Demand Media, a $1.5 billion company founded by former MySpace chairman Richard Rosenblatt, plans to file its initial public offering by August with Goldman Sachs (GS, Fortune 500) at the helm, the Financial Times reported.
Goldman Sachs has already served as one of the chief sources of funding for the company, raising $355 million since 2006 in conjunction with Oak Investment Partners, Spectrum Equity Investors and Generation Partners, according to the report.
Demand Media, one of the lead suppliers of video content to YouTube, and Goldman Sachs both declined to comment.
Sal Morreale, IPO expert for Cantor Fitzgerald, said it was too early to tell what kind of price the company would try to get for a public launch. But he said there will definitely be an enormous amount of interest on Wall Street, given the Internet presence of Demand Media and its potential backing by a financial heavyweight like Goldman.
"If this is the main supplier of content to YouTube, obviously it will attract some action, depending on pricing," he said.
Demand Media, a $1.5 billion company founded by former MySpace chairman Richard Rosenblatt, plans to file its initial public offering by August with Goldman Sachs (GS, Fortune 500) at the helm, the Financial Times reported.
Goldman Sachs has already served as one of the chief sources of funding for the company, raising $355 million since 2006 in conjunction with Oak Investment Partners, Spectrum Equity Investors and Generation Partners, according to the report.
Demand Media, one of the lead suppliers of video content to YouTube, and Goldman Sachs both declined to comment.
Sal Morreale, IPO expert for Cantor Fitzgerald, said it was too early to tell what kind of price the company would try to get for a public launch. But he said there will definitely be an enormous amount of interest on Wall Street, given the Internet presence of Demand Media and its potential backing by a financial heavyweight like Goldman.
"If this is the main supplier of content to YouTube, obviously it will attract some action, depending on pricing," he said.
Twitter grows up: Take a peek inside
What a week for Twitter.
The mircroblogging firm made nearly a dozen announcements this week, marking a huge shift in Twitter's business strategy, starting with the fact that it now actually has a business strategy.
At its developer conference, codenamed Chirp, the company unveiled promoted tweets, new official mobile apps, an enhanced geo-tagging feature, a proprietary link-shortening function, live search on Bing and the sale of its archives.
The mircroblogging firm made nearly a dozen announcements this week, marking a huge shift in Twitter's business strategy, starting with the fact that it now actually has a business strategy.
At its developer conference, codenamed Chirp, the company unveiled promoted tweets, new official mobile apps, an enhanced geo-tagging feature, a proprietary link-shortening function, live search on Bing and the sale of its archives.
Finding good buys in tough industries
You've probably been told to keep things simple when it comes to managing your portfolio. And that's typically good advice. Yet I'm reminded of that famous quote from Albert Einstein, who said, "Make everything as simple as possible -- but not simpler."
One way we oversimplify is by falling into the "bad industry" trap. Here, investors write off entire segments of the market, thinking it's just too tough to generate good returns in certain industries.
One way we oversimplify is by falling into the "bad industry" trap. Here, investors write off entire segments of the market, thinking it's just too tough to generate good returns in certain industries.
Wall Street reform: Senate showdown set
With SEC charges against Goldman Sachs in the background, Democrats plan to start debating the Wall Street reform bill in the Senate this week, even as Republicans continue to say they oppose the bill.
"Our bill ends too big to fail, bailouts end forever," said Sen. Chris Dodd, D-Conn., in a Monday press conference held to drum up momentum for the bill. "Our bill holds Wall Street accountable, mandates real transparency, so that large banks can't gamble our money in the shadows of the financial system."
"Our bill ends too big to fail, bailouts end forever," said Sen. Chris Dodd, D-Conn., in a Monday press conference held to drum up momentum for the bill. "Our bill holds Wall Street accountable, mandates real transparency, so that large banks can't gamble our money in the shadows of the financial system."
IBM earnings jump 13%
IBM reported strong earnings Monday and boosted its outlook for the rest of the year, citing a double-digit increase in software sales.
The Armonk, N.Y.-based tech giant said its profit for the first quarter rose to $2.6 billion, up 13% from last year.
The company earned $1.97 per share, beating expectations and jumping 16% from the same quarter last year. Analysts polled by Thomson Reuters were looking for earnings of $1.93 per share.
The Armonk, N.Y.-based tech giant said its profit for the first quarter rose to $2.6 billion, up 13% from last year.
The company earned $1.97 per share, beating expectations and jumping 16% from the same quarter last year. Analysts polled by Thomson Reuters were looking for earnings of $1.93 per share.
Toyota to recall 600,000 minivans
Toyota said Friday it will recall about 600,000 Sienna minivans to address potential corrosion on spare tire cables.
The recall includes certain 1998 to 2010 model years sold in the United States and operated in cold climate areas, the automaker said in a statement.
Toyota (TOYOF) said "prolonged exposure" to road salts may lead to corrosion of the carrier cable in these vehicles, which could in turn cause the spare tire to fall from the car, endangering other motorists.
The recall includes certain 1998 to 2010 model years sold in the United States and operated in cold climate areas, the automaker said in a statement.
Toyota (TOYOF) said "prolonged exposure" to road salts may lead to corrosion of the carrier cable in these vehicles, which could in turn cause the spare tire to fall from the car, endangering other motorists.
Toyota to pay record $16.4 million fine
Toyota Motor Corp. has agreed to pay a record $16.4 million fine for allegedly failing to notify the Department of Transportation (DOT) of a "sticky pedal" defect in its cars for at least four months after learning of the problem.
The fine, which could have been many times larger had it not been for caps on such penalties, does not mark an end of the repercussions from Toyota's recent spate of safety-related quality issues. Other investigations and lawsuits still loom.
The fine, which could have been many times larger had it not been for caps on such penalties, does not mark an end of the repercussions from Toyota's recent spate of safety-related quality issues. Other investigations and lawsuits still loom.
Toyota recalls Lexus GX 460 SUVs
Toyota Motor Corp. has announced a recall of 2010 model year Lexus GX 460 SUVs related to an increased risk of rollover.
The recall covers about 9,400 SUVs in the United States. Worldwide, about 34,000 vehicles are covered -- including about 21,000 Land Cruiser Prados, a model not sold in the United States.
The automaker recently suspended sales of the luxury SUV after a report April 13 by the magazine Consumer Reports. The magazine said its test drivers uncovered a problem during routine tests.
The recall covers about 9,400 SUVs in the United States. Worldwide, about 34,000 vehicles are covered -- including about 21,000 Land Cruiser Prados, a model not sold in the United States.
The automaker recently suspended sales of the luxury SUV after a report April 13 by the magazine Consumer Reports. The magazine said its test drivers uncovered a problem during routine tests.
How will airlines deal with ash backlog?
The thousands of travelers who have been stuck at airports around the world because of the volcanic ash cloud over Europe will need more patience when airliners are cleared to fly.
The huge backlog of passengers combined with flights that are already full means they may not be going home anytime soon.
It could take three to six days for airline operations to get back to normal, said Giovanni Bisignani, the director general and CEO of the International Air Transport Association, on Monday.
The huge backlog of passengers combined with flights that are already full means they may not be going home anytime soon.
It could take three to six days for airline operations to get back to normal, said Giovanni Bisignani, the director general and CEO of the International Air Transport Association, on Monday.
Volcano casts cloud over European economy
The cloud of ash from an Iceland volcano is casting a shadow over the nascent economic recovery in Europe as the cancellation of flights in key markets entered its fifth day.
By the end of the day on Sunday, a total of 63,000 flights had been canceled in the four days since ash from a volcano under the Eyjafjallajokull glacier in Iceland closed the airspace of a large swath of Europe, according to air traffic authority Eurocontrol. The air travel and freight disruptions are costing airlines at least $200 million a day and perhaps billions more to the affected economies, one industry group warned.
By the end of the day on Sunday, a total of 63,000 flights had been canceled in the four days since ash from a volcano under the Eyjafjallajokull glacier in Iceland closed the airspace of a large swath of Europe, according to air traffic authority Eurocontrol. The air travel and freight disruptions are costing airlines at least $200 million a day and perhaps billions more to the affected economies, one industry group warned.
AIG eyes action on Goldman over CDOs
AIG, the US government-controlled insurer, is considering pursuing Goldman Sachs over losses incurred on $6bn of insurance deals on mortgage-backed securities similar to the one that led to fraud charges against the US bank.
AIG's move over the deals that caused it a loss of about $2bn is a sign that Friday's decision by the Securities and Exchange Commission to file civil fraud charges against Goldman could spark actions from investors who lost money on mortgage-backed securities.
AIG's move over the deals that caused it a loss of about $2bn is a sign that Friday's decision by the Securities and Exchange Commission to file civil fraud charges against Goldman could spark actions from investors who lost money on mortgage-backed securities.
Toyota indicates it will pay $16.4 million fine
The Toyota Motor Corp. has indicated to the U.S. government it will pay a $16.4 million fine -- the largest ever against an automaker -- for failing to notify the Department of Transportation of a "sticky pedal" defect in its cars for at least four months, according to a senior Transportation Department official.
The company has told the government it will sign legal documents Monday agreeing to pay the maximum civil penalty of $16.375 million, according to the official, who was not authorized to speak for attribution because the agreement has not been announced.
The company has told the government it will sign legal documents Monday agreeing to pay the maximum civil penalty of $16.375 million, according to the official, who was not authorized to speak for attribution because the agreement has not been announced.
Afghanistan 'world's biggest producer of hashish'
A U.N. report says Afghanistan, the world's biggest producer of opium, is also a "major producer of cannabis" and "the world's biggest producer of hashish."
The U.N. Office on Drugs and Crime issued its Afghanistan Cannabis Survey on Wednesday, documenting large-scale cannabis cultivation in half of Afghanistan's 34 provinces.
The U.N. Office on Drugs and Crime issued its Afghanistan Cannabis Survey on Wednesday, documenting large-scale cannabis cultivation in half of Afghanistan's 34 provinces.
Big bonuses don't mean big results
What really motivates us? And what motivational techniques lead us to work smarter and live better? Those are questions that behavioral scientists around the world have been exploring for the past half-century. Their answers might surprise you.
In laboratory experiments and field studies, a band of psychologists, sociologists and economists have found that many carrot-and-stick motivators -- the elements around which we build most of our businesses and many of our schools -- can be effective, but that they work in only a surprisingly narrow band of circumstances.
In laboratory experiments and field studies, a band of psychologists, sociologists and economists have found that many carrot-and-stick motivators -- the elements around which we build most of our businesses and many of our schools -- can be effective, but that they work in only a surprisingly narrow band of circumstances.
Subscribe to:
Posts (Atom)
