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Intro to Business News is South-Western's service to provide summaries of the latest Business news stories. Review the brief summaries and, for stories of interest, select the full summary. |
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For five seasons, millions of viewers tuned in to "The Apprentice" to watch Donald Trump and right-hand woman Carolyn Kepcher reward ambitious contestants and give the ax to underachievers. But Ms. Kepcher will no longer be appearing alongside The Donald each week as he barks his trademark "You're fired!" at underperforming Trump wannabes. In an odd twist, the blond businesswoman and co-star has been terminated. (Updated November 2006) |
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Days before his January on-air debut, shock jock Howard Stern received a $219 million stock payout from Sirius Satellite Radio, the talk-show host's new broadcasting partner. Rising subscriber rates at Sirius triggered bonuses promised to the radio personality in his new broadcasting contract. (Updated February 2006) |
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Talk was tough between the Transport Workers Union and the Metropolitan Transit Authority, as a dispute over pensions forced New York City's 30,000 transit workers to walk off the job in December. The labor strike, though lasting only three days, cost the city millions of dollars and brought the Big Apple to a standstill. (Updated January 2006) |
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In the wake of sensational CEO scandals and the increasing demand for improved corporate governance, today's top executives are being compensated less through exorbitant salaries and cash bonuses and more through the issuance of restricted stock. Proponents of restricted-stock awards say the compensation links pay with performance and offsets the sting of shrinking bonuses, but critics deny the link to performance and deride the popular incentive as mere "pay for pulse." (Updated August 2005) |
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While textbooks theories are clear in what makes a performance management system effective, putting these theories into practice has proven more difficult. This article outlines a series of steps companies can take to implement a successful performance management system. (Updated June 2004) |
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This article describes the process of how the parent company of the Black-eyed Pea restaurant chain has implemented a customized applicant-screening system using a selection test. The system should help the company find top performers and candidates who will fit in well within the company culture. (Updated June 2004) |
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This article compares two approaches to human resource management. Costco Wholesale Corp. pays above average wages in hope of encouraging loyalty and boosting productivity, while Wal-Mart is focusing on minimizing operating expenses by paying sub-standard wages. (Updated May 2004) |
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The article discusses the role and implications of good and bad stress in the workplace. Symptoms and causes of both good and bad stress are discussed. Managers are charged with developing strategies for minimizing bad stress and capitalizing on good stress. Criteria are identified for evaluating functional from dysfunctional work environments. (Updated November 2003) |
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