Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
I was in an uncomfortable chair sitting through another boring quarterly meeting led by our publisher and his PowerPoint deck. Some astute member of the newsroom had coined the nickname “Mojo” for him, partly as a play on his name, but more as a comment on his dreary lack of charisma. It was all EBITAs…
ESPN on Friday announced that it is shutting down Grantland, the sports and culture website started by Bill Simmons in 2011. “Effective immediately, we are suspending the publication of Grantland,” the company said in a statement Friday at the same time staffers were informed of the news. Other writers said they had learned the news…
Effective immediately we are suspending the publication of Grantland. After careful consideration, we have decided to direct our time and energy going forward to projects that we believe will have a broader and more significant impact across our enterprise. Grantland distinguished itself with quality writing, smart ideas, original thinking and fun. We are grateful to those who made…
This article originally appeared on AlterNet. Mariana Mazzucato is a professor in the Economics of Innovation program at the Science Policy Research Unit of the University of Sussex. Her widely acclaimed book, The Entrepreneurial State: Debunking Public vs. Private Sector Myths, reveals the critical role that we, the taxpayers, play in the creation of the most…
CREDIT: AP Photo/Brian Bohannon YUM Brands CEO David Novak, who has the biggest retirement nest egg The pay gap between what CEOs make and what they pay their workers is pretty well known. A new report released on Wednesday illuminates a different gap: that between what CEOs have stashed away for retirement and what…
A very nice editor at Huffington Post contacted me yesterday, and asked me if I would be willing to grant permission for the site to republish my post about the seven things I did to reboot my life. Huffington Post has a lot of views, and reaches a pretty big audience, and that post is…
END ID=”RES451923946″ CLASS=”BUCKETWRAP STATICHTML” Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference. Andrew Harrer/Bloomberg via Getty Images hide caption itoggle caption Andrew Harrer/Bloomberg via Getty Images Janet Yellen, chair of the U.S. Federal Reserve, speaks during a news conference. Andrew Harrer/Bloomberg via Getty Images After the…
Back in 1999, a quarter of all 25-year-olds lived with their parents. By 2013 this number has doubled, and currently half of young adults live in their parents home. While the troubling implications for the economy from this startling increase are self-evident, and have been extensively discussed both here and elsewhere (and are among the…
IBM is under investigation by the U.S. Securities and Exchange Commission over its accounting practices, according to a regulatory filing. Shares dropped in the wake of the disclosure. The investigation looks at how IBM is accounting for some of its transactions in the U.S., the U.K. and Ireland, which could have an impact on its stated revenue. The company said…
In March 2000, the financial weekly Barron’s published an infamous study under the headline “Burning Up.” It focused on scores of unprofitable Internet companies, specifically analyzing their “burn rates”—their pace of cash consumption until there’s nothing left–and presciently predicted the ugly result when capital raising turned difficult. The screen turned up then-prominent and now-forgotten gems,…