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...civility of the pre-technology days is gone. We are left with a world in which people's lives are open to the kind of scrutiny that used to be reserved for celebrities. The concept of personal boundaries has been destroyed. Many companies track the content of their workers' emails and whether they spend hours each day online interacting with their friends on Facebook. The press recently reported that Google (GOOG) has created software that can predict whether its employees will quit. The next step will be that the search company will forecast which people it will fire. That should...
...Banks and other financial-services firms have long filled their boards with nonfinancial executives, be they industrial chiefs, heads of nonprofits or professors. That's been changing in recent years, especially with the passage of Sarbanes-Oxley, which sought to strengthen corporate boards. But apparently the changes have not gone far enough. (See pictures of the stock market crash...
...pictures of retailers that have gone out of business...
...knowing only a nation in conflict, the image of Prabhakaran has loomed over their lives, either as enemy or savior. More than 70,000 people have been killed in 26 years of war in Sri Lanka, and there are those who will not believe the elusive figure is gone until they see proof. (Read "Behind Colombo's P.R. Battle Against the Tamil Tigers...
...casual clothing - H&M, Uniqlo, Topshop, Gap, Zara and now Forever 21 - all competing for wardrobe space within a few hundred meters of one another. Expensive Japanese boutique stores are receding to the backstreets. Retail analysts say that Japanese consumers are continuing to spend in the recession, but have gone considerably down-market to less costly items. As a result, fast fashion "is a hot issue in Japan's fashion industry, especially after the entry of H&M," says Dairo Murata, a retail analyst at Credit Suisse in Tokyo. Luxury-brand sales in Japan are expected to decline...