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Category: Finance

Tinder Sexual Harassment Suit Sheds (More) Light on Silicon Valley's Chauvinistic Culture

Your top career-related news of the week: Tinder's misogynistic side.It's not exactly news that Silicon Valley is about as female friendly as a Wall Street trading floor. But a sexual harassment suit brought by a former Tinder executive is shedding a ton of fluorescent light onto the extent of the chauvinism and misogyny that occurs behind start-up closed doors (and on tech firm employees' Instagram accounts). Read More >

President Obama Talks Work-Life Balance With CEOs of Goldman Sachs and Shake Shack

This past Monday, at 1600 Pennsylvania Avenue in Washington, D.C., President Obama met with several big swinging CEOs in a roundtable discussion to talk about ways to make the American workplace better for working families. The discussion was part of the first annual White House Summit on Working Families, and among the roundtable participants in attendance were Shake Shack's Randy Garutti, Johnson & Johnson's Alex Gorsky, PwC's Bob Moritz, and Goldman Sachs' Lloyd Blankfein. Read More >

Should Employees Be Allowed to Watch the World Cup at Work?

Call it a fever, a virus, or merely an emotional infection, World Cup-itis is no fictional disease. Every four years, it afflicts hundreds of millions of people (this blogger included). And although the causes are easy to explain-the exhilaration of watching diving headers kiss the side netting, free kicks bending around walls just out of reach of fully extended goalkeepers, thirty-yard passes threaded between defenders onto the boots of strikers sprinting toward goal-there's no known cure. Read More >

Return of the Pay Czar: Coming Soon to a GM Plant Near You

Like a bad sequel to a horror film, Kenneth Feinberg, the Obama administration's former "pay czar," is back. And this time it's the automotive industry, not oil companies or Wall Street, that needs his expertise in assessing the wreckage. Read More >

Prestige, Money, or Google Didn’t Hire Me: Why Do Ivy League Grads Really Work on Wall Street?

If you've accepted a job with a Wall Street bank or are considering working for one in the near future, you'll want to listen to what Kevin Roose has to say. Roose is the author of "Young Money," a book detailing his time following eight investment bankers described as "a searing portrait of confused kids getting what they thought they wanted and, in most cases, finding themselves truly miserable, and even a little broken by the experience. Read More >

The Week on Wall Street: Ex-Goldman Banker Helps Apple Pick Up Beats

A former Goldman Sachs banker helps bring Beats to Apple.Behind every big M&A deal is a big M&A Wall Street banker. And Apple's acquisition of Dr. Dre and Jimmy Iovine's Beats Electronics is no exception. Adrian Perica-who joined Apple in 2009 and who is an alumnus of West Point, MIT, Deloitte, and Goldman Sachs-is the former Wall Street banker who helped put Apple and Beats together. Read More >

Harvard Class of ’14: The Interesting, the Disappointing, the Disturbing

Each year, the Harvard Crimson surveys Harvard seniors, asking them a variety of questions about their future plans of employment and their time at the revered institution of so-called higher learning. This year, the survey produced several interesting results, in addition to some disappointing results, as well as some disturbing results. In any case, first let's talk about the interesting results. Read More >

Dear Class of 2014

Good morning. So, there's this kid who was born in Hell's Kitchen in the 1940s, and this kid makes it out of high school but doesn't make it to college, because, well, back then few kids from Hell's Kitchen made it out of high school alive, much less with a college acceptance letter in their fists. Read More >

Too Confident to Fail

With the proliferation of the virtual marketplace and crowdfunding sources, it's not surprising to learn that today it's easier than ever to start a business and get it funded. It's also not surprising that since there are more new businesses than ever, there are more failed businesses than ever, too. But what is surprising (at least to me) is that studies show that failure doesn't equal learning experience in the startup world. Read More >

Face It, We’re Cubed

There's a very good chance that right now you're seated in a swiveling, ergonomic chair on wheels, staring at a computer screen, reading these digital words within three or four flimsy chest-high walls, just beyond which is another person who's seated in a swiveling, ergonomic chair on wheels, staring at a computer screen, reading other digital words within three or four flimsy chest-high walls, just beyond which is another person … and so on, and so on, and so on. Read More >

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