GE’s $100 Billion Wipeout Heralds Reckoning for an American Icon

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Few under the age of 30 might remember, but General Electric Co. was once a model of corporate greatness. Back in 1999, when Steve Jobs was still fiddling with iMacs, Fortune magazine proclaimed Jack Welch, then GE’s chief executive officer, the best manager of the 20th Century. Few people — of whatever age — would […]

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Demanding a Bachelors Degree for a Middle-Skill Job Is Just Plain Dumb

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Ever wonder why employers demand advanced credentials for jobs that don’t seem to require them? So did Joseph Fuller, a professor of management practice at Harvard Business School. He co-led a study that found it’s “a substantive and widespread phenomenon that is making the U.S. labor market more inefficient.” To take one egregious example, two-thirds of job […]

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Get Rid of Capitalism? Millennials Are Ready to Talk About It

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One of the hottest tickets in New York City this weekend was a discussion on whether to overthrow capitalism. The first run of tickets to “Capitalism: A Debate” sold out in a day. So the organizers, a pair of magazines with clear ideological affiliations, socialist and libertarian , found a larger venue: Cooper Union’s 960-capacity Great Hall, the […]

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