Word: fasters
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...That's not as self-evident as it may sound. There is no shortage of theories about why companies aren't adding jobs faster. Banks won't lend to enable them to expand. Extra workers are too expensive because of taxes and health care costs. But the real clog in the nation's job-creating machinery is much more basic: a lack of demand for goods and services...
...jobs, but a more precise assessment is that young businesses are. John Haltiwanger, an economist at the University of Maryland, has been studying government data for 25 years and has determined that about a third of all new jobs created come from start-ups. Furthermore, young companies add jobs faster. From 1980 to 2005, the typical 15-year-old firm added jobs at a rate of 1% a year, the typical three-year-old firm at a rate of 5%. "These are the rocket ships of the economy," says Haltiwanger...
Mail was later distributed via locomotive and eventually airplane. But not even the fastest delivery speeds--at one time, mail was dropped off up to four times a day--could stop what would spell catastrophe for the USPS: e-mail, which is faster, easier and free. That, coupled with the fact that 4 out of 5 households with Internet access now pay bills online, has left mail carriers out in the cold. In 2009 alone, post offices saw a 13% drop in mail volume. Forget rain or gloom of night--it's the act of clicking Send billions of times...
Senate Banking Committee Chairman Christopher Dodd announced Thursday that he can't keep negotiating a financial reform compromise with Republican senator Robert Corker, because the process needs to go faster. Corker then declared that he was "very disappointed" the talks had broken down, and that the process needs to go slower...
Google's latest acquisitions are all about doing things faster online and on your phone. In addition to buying Aardvark, a service that helps people get quick answers from their network of contacts online, Google last month bought reMail, which simplifies searching e-mail messages on a phone. (See pictures of work and life at Google...