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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Poor IT skills ‘hurt young jobless’

Category : Business, World News

A lack of computer skills could be damaging the career chances of young people, the Prince’s Trust charity warns.

Read the original: Poor IT skills ‘hurt young jobless’

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Sheryl Sandberg’s new book is causing uproar

Category : Business

Facebook’s chief operating officer has written about how women can achieve career success. It has resulted in an almighty row

Age: 43

Appearance: The Corrs’ older half-sister.

I know her – she’s the CEO of Yahoo!. No, that’s Marissa Mayer. Sandberg is Facebook’s chief operating officer and the first woman on its board.

So I was close! They’re both alliterative-named women in charge of modern stuff. Yes. So close.

Why is SS in the news, then? Added an “If you don’t know what you’ve done, I’m not going to tell you” button for status updates? Turned the two ‘o’s in the Facebook logo into little ovaries? Had a child and named it “Like/Dislike”? None of those. She has written a book called Lean In: Women, Work and the Will to Lead, about how women can

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The Graduate Management Admission Council Launches Reflect(TM) by GMAC, Powered by Hogan Assessments

Category : Stocks, World News

A Soft Skills Assessment for Students, Career Advancement, Schools and Corporations From the Makers of the GMAT(R) Exam

Go here to see the original: The Graduate Management Admission Council Launches Reflect(TM) by GMAC, Powered by Hogan Assessments

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The Graduate Management Admission Council Launches Reflect(TM) by GMAC, Powered by Hogan Assessments

Category : Stocks

A Soft Skills Assessment for Students, Career Advancement, Schools and Corporations From the Makers of the GMAT(R) Exam

Originally posted here: The Graduate Management Admission Council Launches Reflect(TM) by GMAC, Powered by Hogan Assessments

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Diversity in top jobs will benefit the whole of society | Doreen Lawrence

Category : Business

Black and ethnic minorities want to succeed on their own merits. We need to understand what is stopping them

A traditional approach to nurturing talent is needed for a modern workforce. For far too long, executive positions in both the private and public sectors have been the preserve of white males.

I therefore welcome the inter-ventions by Sir Peter Fahy, who leads the Greater Manchester Police, and business secretary Vince Cable that we need greater diversity in important positions across the country. Sir Peter’s call becomes more urgent when you consider that only six chief officers in the police are from non-white backgrounds. When writing to the seven FTSE 100 companies that still do not even have a woman on their board, Dr Cable made it clear that people from different backgrounds bring with them fresh perspectives.

A lot has changed in the 20 years since my son, Stephen, was murdered but a lot more needs to happen. The UK will only reach its full potential when everyone, irrespective of their background, truly believes that they can make it. The Stephen Lawrence Charitable Trust is working hard to bring about this change.

The evidence shows there is still not enough diversity in senior roles. Research has found that even those people from black and minority ethnic (BME) backgrounds who manage to get jobs in professional occupations can often struggle to progress up the career ladder despite suitable qualification and experience. In 2010, only 4.1% of directors in FTSE 100 companies came from ethnic minority backgrounds. Statistics show that black university graduates can expect a 24% pay penalty after they leave university.

This is not only a British problem. In the US, only 13 black executives have ever made it to the top of a Fortune 500 company. Only six of them are currently active.

While we welcome Sir Peter’s understanding that it is important to have more officers from ethnic minority backgrounds, we have found that the vast majority of black people do not want affirmative action. They, and other ethnic minorities, want to work in environments where they are assessed on their merit, rather than having people believe they only secured their jobs because of the colour of their skin.

We need to examine what gets in the way when people try to succeed on their own merits but are not as successful as they would have hoped or their paper qualifications would suggest. They may not have the confidence to believe they can do a role. They may not even aspire to a specific profession in the first place. They might be the first person they know to have “made it”, which means they will not have the in-built network that their peers may have grown up with. And sometimes they will look at an industry, not see anyone in it who looks like them, and decide to walk away from it.

It is not just about getting into a job in the first place. It is also about how people are supported to stay and progress. I have had plenty of people tell me how difficult and excluding they found the culture of their workplace. They have told me that they felt overlooked for promotion and worked extra hard to get to where they are.

This situation is far from satisfactory, but we can change it. Historically, the Stephen Lawrence Charitable Trust has focused on supporting young people from disadvantaged backgrounds into careers in architecture; this was what Stephen hoped to achieve, so it seemed like a natural starting point. We now plan to expand this model in order to support talented and driven young people from disadvantaged backgrounds into other professions, too, including law, finance, medicine and media. The “Magic Circle” law firm Freshfields is to be the first major employer to partner with us. Our approach will involve supporting young people at the beginning of their career with a scholarship: establishing a lasting relationship that will mean there is a rich talent pool of candidates for top jobs long term.

The trust is also developing a consultancy offer to provide businesses with practical strategies to build a diverse and more inclusive workforce.

Some senior figures pointed out that encouraging diversity has important benefits. It is in everyone’s interests to make it happen.

• This article will be opened for comments on Sunday morning

1m apply for apprenticeships in 2012

Category : Business

1.13m applications were received via National Apprenticeship Service database, with only 106,000 vacancies advertised

More than 1 million applications for apprenticeships were submitted in 2012, far more than the number of vacancies available.

According to the National Apprenticeship Service, 1.13m applications were received through its online database, with about 106,000 vacancies advertised, some 80% of the total apprenticeships available across the country.

In February the government made funding available to help businesses take on apprentices, a grant open to companies employing up to 1,000 people who have never taken an apprentice or have not recruited one in the previous 12 months.

David Way, chief executive of the NAS, said: “The high number of applications generated in 2012 is further evidence of just how popular apprenticeships have become. The quality training on offer means apprenticeships are fast becoming a first-choice career option for a wide range of people.

“In 2013 we hope to see further growth in the number of new vacancies registered online and an increase in the number of apprenticeships available in key industry sectors such as the digital and creative industries, engineering and IT. We would like to help even more employers use apprenticeships to recruit new staff and are encouraging them to find out more about the funding available.”

The business and administration sector was the most popular for both applications and available vacancies, while London had more applications than other regions, followed by the West Midlands and Greater Manchester. The gender split showed males applied for 56% of the vacancies.

Last week the government announced the introduction of a new range of apprenticeships equivalent to bachelors and masters degrees in subjects including law and accountancy. The skills minister, Matthew Hancock, said: “In the past, apprenticeships were restricted to only some trades, and some parts of the economy. Now we are introducing apprenticeships in all types of jobs, including a new route to the professions, to ensure everyone can reach their potential.”

This column will change your life: consumer options

Category : Business

Have the headache of buying a mattress or choosing a flight? Happiness is also a comparison-based notion full of pitfalls

If, like me, you’ve recently purchased a mattress, you’ll know it’s an astoundingly tedious and soul-depleting process – rendered only slightly less awful by the fact that when you do finally collapse, exhausted by indecision, in the middle of the beds department, there are plenty of places to lie down. Long ago, maybe mattress-shopping was a simple choice between “firm” and “soft”, but these days it’s a thicket of dilemmas. Memory foam, wool, gel, fibre? Solid-slatted or sprung-slatted? Lumbar zoning? Perhaps a pillow-top? This complexity at first seems hard to explain. Sure, it’s nice to have options, but why deliberately aggravate customers, delaying the moment of purchase with so many extra decisions? Aren’t mattress-makers aware of one of the best-known truths of consumer psychology: that too much choice makes people miserable?

Oh, don’t worry: they’re aware. But they’ve got a different plan: by inventing so many different criteria, they make it effectively impossible to comparison-shop. Even if those criteria were identical from one manufacturer to the next – which they’re not – you’d go crazy keeping track of every one. And so the industry, as a whole, gets to charge inflated prices; consumers have no way to tell what’s good value. Airlines do this increasingly, too, with “unbundled” fares, charging separately for luggage, on-board food, etc. People get cross when Ryanair adds sneaky fees – as when, earlier this year, they charged one woman €300 for printing boarding passes – and consumer watchdogs demand “transparency”. But sneakiness is only part of the problem. Even when charges are out in the open, their proliferation make flights comparison-proof. The only (partial) remedy is to pick your own criteria, before you begin, and stick to them. Buying a TV? If you care only about picture and sound quality, ignore every other feature you’re offered. And with mattresses, as Slate magazine once concluded in a review of the industry , “just buy the cheapest thing you can stand and be done with it, because they’re pretty much all the same”.

It’s not all bad news, though: the same idea of “comparison-proofing” has more cheering implications when it comes to personal wellbeing. Happiness is a deeply comparison-based notion, and our need to feel that we’re doing well compared to others leads us into traps: this explains the famous finding that many people would choose a smaller rise in income, leaving them wealthier than those around them, over a larger one, with others receiving even more.

Might it not make sense, then, to comparison-proof your own life? This is one good argument for pursuing a long-held eccentric career ambition over something more conventional: if nobody else you know is a gherkin wholesaler, or a goat farmer, you’re much less likely to feel gnawed by the sense of not measuring up. It might pay to pick friends with different lifestyles, too. When I hear about successes of friends who are writers, I admit, my happiness is tinged with envy. (“Every time a friend succeeds, I die a little” – Gore Vidal.) But my friend the actor, or my friend the computer programmer? For them, I’m just happy: there’s no easy way to compare our achievements, so it never occurs to me to do so. Though there is one way, of course, in which anyone can compare themselves to others. Which is why friends who want to stay friends should never discuss money.

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Brian Cobby obituary

Category : Business

Voice of BT’s speaking clock for more than 20 years

Brian Cobby, who has died aged 83, could boast that he was once Britain’s best-known and least-known voice. For more than 20 years, after his acting career had been put on hold, he was the voice of British Telecom’s speaking clock service, which had up to 300m calls a year. From his chirpy but dignified baritone, listeners might have imagined him as a diligent butler, a learned teacher or a polite bus conductor; Cobby thought of himself as “Britannia’s wristwatch”. Selected in 1984, he was the first man to signal the time on the service, which was launched in 1936. He replaced Pat Simmons, whose voice had been used since 1963. Cobby received £5,000 when he won the competition to find her successor. Simmons was on the panel of judges alongside the actors Robert Morley and Susan Hampshire.

Cobby believed the reason for his victory was that his voice sounded “well-educated without being prissy”. BT had been looking for a voice that held the middle ground between the classes and would not date with the passing of time. Cobby thought that, as a child, his voice had been like AA Milne’s Christopher Robin, but he pointed out that it had altered since. “A good voice ought to have warmth, clarity and sometimes authority,” he said.

In the 1950s, when commercial television took off in Britain, Cobby had voiced commercials for Stork margarine and Surf washing powder. But his acting career had become what he termed “an expensive luxury” that threatened to bring him to bankruptcy. He had been working as a night supervisor at the Withdean telephone exchange in Brighton and Hove, East Sussex, for 16 years when he was one of more than 5,000 BT staff who entered the Golden Voice competition to become the speaking clock. Telephone callers heard Cobby’s voice for the first time at 11am “precisely” on 2 April 1985. Twenty years later, before Sara Mendes da Costa took over the role, Cobby said: “I have thoroughly enjoyed it. I never ring the speaking clock except at new year, when I put it on speakerphone and have a little glass of champagne.”

Cobby was a child chorister at City of Oxford high school for boys during the second world war. He did his national service with the British Forces Network radio station in Hamburg, where he perfected his technique of speaking clearly and in appealing tones. He went into repertory theatre; appeared in the open air Shakespeare productions at Regent’s Park; featured in a 1959 film, The Nudist Story, billed as a Technicolor nude water ballet; and was cheered by his success in the early days of ITV, when he was a prince of the voiceovers.

In 2006, he remembered gleefully that a Shakespearean actor was “pretty rude” about his work in commercials, but changed his mind when he saw the size of the car Cobby drove away in.

He is survived by his brother, Clive.

Brian Cobby, voice artist and actor, born 12 October 1929; died 31 October 2012

Jeter brushes off Bayless’ HGH insinuation – San Francisco Chronicle

Category : Stocks

San Francisco Chronicle
Jeter brushes off Bayless' HGH insinuation
San Francisco Chronicle
CHICAGO (AP) — Derek Jeter brushed off comments by ESPN analyst Skip Bayless, who raised the possibility the star shortstop may have revived his career by taking Human Growth Hormone. Bayless made his comments on “First Take” on a day that former Cy
New York Yankees – PlayerWatchChicago Tribune

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Paul Ryan … expert stock picker?

Category : Business

Maybe Paul Ryan has a future career as a fund manager? The Republican vice presidential candidate owns Apple, Amazon, Wells Fargo and Whole Foods. He also owns Warren Buffett’s Berkshire Hathaway.

See original here: Paul Ryan … expert stock picker?

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