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Entries by Kevin Short from 05/2014

Changed Life Of The Poor: Better Off, But Far Behind

Posted 05.01.2014 | Business
Read More: Business News

WASHINGTON — Is a family with a car in the driveway, a flat-screen television and a computer with an Internet connection poor? Americans — even...

You're Probably Investing In Gun Companies And Don't Know It

Posted 05.02.2014 | Business

If you're one of the 51 million Americans with a 401(k) plan, odds are that you're investing in gun and ammunition manufacturers Smith & Wesson, Sturm...

Inventing A Failure

Posted 05.05.2014 | Business
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Last week, House Republicans released a deliberately misleading report on the status of health reform, crudely rigging the numbers to sustain the illu...

Do Higher Prices Make Food Taste Better? Science Says Yes

Posted 05.05.2014 | Business

Which of these plates looks like a better meal to you? According to science, you'd probably be happier with meal No. 2, since it's more expensi...

I Sold My Body (And Nearly My Soul) To Abercrombie

Posted 05.06.2014 | Business
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As a manager, I did corporate's bidding -- by discriminating against staffers and customers who weren't "quality."...

Thomas Piketty Never Actually Read Karl Marx's 'Das Kapital'

Posted 05.06.2014 | Business

French economist Thomas Piketty is distancing himself from Karl Marx, the 19th century economist many compare him to. In an interview with The New Rep...

How Materialism Makes Us Sad

Posted 05.07.2014 | Business
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Graham Music, a psychotherapist, has written a book called The Good Life: Wellbeing and the New Science of Altruism, Selfishness and Immorality. It co...

The Most Republican Company? The Makers of Wonder Bread

Posted 05.08.2014 | Business
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The most Republican-leaning company in the country, based on political donations, isn’t Koch Industries. It’s the company that makes Wonder Bread....

9 Things We Can't Believe Didn't Exist Before 2005

Posted 05.09.2014 | Business

It's been a full nine years since The Huffington Post emerged into the virtual world, and in that time the world has become wildly different place. Gl...

Now That's Rich

Posted 05.09.2014 | Business
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Institutional Investor’s latest “rich list” in its Alpha magazine, its survey of the 25 highest-paid hedge fund managers, is out — and it turn...

Goldman Sachs Is Being Investigated For Its Hiring Practices, High Frequency Trading

Posted 05.09.2014 | Business

(Reuters) - Goldman Sachs Group Inc disclosed on Friday that it was being investigated over its hiring practices outside the United States. The Wa...

85-Year-Old Oil Tycoon Can't Stop Tweeting At Rappers About Money

Posted 05.09.2014 | Business

T. Boone Pickens, the 85-year-old oil tycoon, was giddy to welcome Dr. Dre into the ridiculously rich people's club Friday, following the news that Ap...

Staying On Parents' Plan May Lead To Healthier Paychecks

Posted 05.12.2014 | Business
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One of the earliest pieces of the health-care law to go into effect — and one of the easiest to understand — was the one that allowed adults under...

Switzerland To Vote On Adopting World's Highest Minimum Wage

Posted 05.12.2014 | Business

* Swiss to vote on proposed minimum wage on May 18 * Follows votes to curb immigration, executive pay * Poll shows 64 pct reject the measure ...

Obamacare Doctor Shortage Predictions Were Overhyped

Posted 05.12.2014 | Business

Provided by Kaiser Health News: The headlines were ominous: Good luck finding a doctor under Obamacare. Not enough doctors for newly insured. Obama...

Working At McDonald's Is Starkly Different In These 3 Countries

Posted 05.15.2014 | Business

No matter where you go in the world, you can rest assured that your Big Mac will taste basically the same: two all-beef patties, special sauce, lettuc...

How 100 Gargantuan Companies Stack Up On CEO-To-Worker Pay

Posted 05.15.2014 | Business

Just how much more do the heads of major companies make than their workers? A new interactive from PayScale, a business research group, illustrates...

The Heaviest-Drinking Countries in the World: 24/7 Wall St.

Posted 05.17.2014 | Business

Worldwide, people 15 and older consumed 6.2 liters of alcohol per person in 2010, according to a recent World Health Organization (WHO) report. Alcoho...

AT&T Set To Announce DirecTV Acquisition Sunday

Posted 05.17.2014 | Technology
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AT&T is on track to announce its acquisition of the satellite company DirecTV this Sunday, before markets open Monday and sooner than many observers a...

Switzerland May Adopt A $25 Minimum Wage

Posted 05.17.2014 | Business

The world's most expensive country may adopt the world's highest minimum wage on Sunday. Switzerland will vote on a measure to raise its minimum wa...

Chipotle's Prices Are Rising Faster Than Expected, But Customers Don't Care

Posted 05.19.2014 | Business
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When the Mexican food chain Chipotle announced on its most recent earnings call that it will raise prices companywide for the first time in three year...

Springtime For Bankers

Posted 05.19.2014 | Business
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By any normal standard, economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay o...

Watch NYC Come To Life In Mesmerizing Visualization

Posted 05.20.2014 | Business

If you've ever been to New York, then you know the city can sometimes seem like a living, breathing thing. Thanks to a new visualization by data consu...

Sears To Close 80 Stores As Troubles Mount

Posted 05.22.2014 | Business

(Reuters) - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest a fall in sales despite offeri...

Is It Better To Buy Or Rent?

Posted 05.22.2014 | Business

The choice between buying a home and renting one is among the biggest financial decisions that many adults make. But the costs of buying are more vari...