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That doesn't mean the classic strategies have all been tossed out the window. Persistence, self-branding, professional presentation - the things a career coach would have steered you toward two decades ago - are still necessary. Social networks alone won't get you a new gig. But as Brian Ward's 11-day job search makes clear, they can go a long way to help. Here...
...result is that many more banks than expected have the resources to repay the billions they got from the Troubled Asset Relief Program back in October. Morgan Stanley, for instance, came out of the stress test a month ago in need of $1.8 billion in additional capital. But in the past month the bank was able to raise nearly $7 billion by selling new shares of stock. The result: Morgan says those stock sales and other moves will allow the bank to repay all of its TARP funds by the end of June. And Morgan won't be alone...
...five flagpoles that stand in front of the Star Ferry terminal at the tip of the Kowloon peninsula in Hong Kong have long been a popular meeting place. It was at this familiar spot 20 years ago that democracy advocates sold commemorative items to raise money for the victims of the June 4 crackdown at Beijing's Tiananmen Square. I bought one: a four-inch plastic replica of the Goddess of Democracy statue that had been erected at the square. For a 9-year-old trying to make sense of the world, that keepsake was a concrete link...
...those rare moments when it seemed possible to take advantage of the sudden cracks in history in order to reshape it. Many in Hong Kong yearn for that chance again. This spring, during my second extended stay in Hong Kong since I left for California 17 years ago - where the statue's replica still sits on my desk - I went back to that familiar spot by the flagpoles. There, I thought of a TV interview that I saw in Hong Kong a few weeks ago, in which a local college student, born in the 1980s, was asked what Tiananmen meant...
...Analysts were quick to argue that this was not a rerun of China's ill-fated attempt to buy the American oil company UNOCAL four years ago, political opposition in Washington led CNOOC to withdraw its bid. This deal, they said, fell apart for economic - not political - reasons. The proposed Chinalco investment came when global commodity prices were at their nadir; BHP had walked away from a merger with Rio a few months earlier, and the company was in sudden and desperate need of cash to cope with a nearly $40 billion debt burden...