Editor’s Pick

Not just the pay gap – women experience ‘punishment gap’ too

Women experience more severe repercussions for misconduct in the financial advisory industry their male counterparts, research published on the Bank of England’s staff blog shows. Women are 20% more likely to lose their jobs, and 30% less likely to find new employment — following an incident of misconduct compared to men, guest writers Mark Egan, Gregor Matvos and Amit Seru said in a blog post Wednesday. The gap is even

Vienna snatches Melbourne’s crown as world’s most liveable city

Vienna has ended Melbourne’s seven-year reign as the world’s most liveable city, according to the Economist Intelligence Unit. The Austrian capital scored a near perfect score of 99.1 out of 100 in the index, whose criteria include stability, healthcare and the environment. Cities in Australia and Canada took six of the top ten spots, with the US again missing out. Source: Economist Intelligence Unit Big financial centres such as London

Tesla board torn between service to shareholders and CEO

Tesla’s board of directors is at a critical juncture, wedged between a larger-than-life figure to whom many are personally close and their larger responsibility to shareholders. Elon Musk’s astonishing interview with the New York Times has heightened concerns surrounding the health of Tesla’s chairman and chief executive officer, with shares plunging 8.9% Friday, the largest drop in nearly two years. The references to Ambien use and driving while tweeting are

These are the highest-paying jobs in the US right now

For the fourth consecutive year, the technology sector boasted the highest-paying jobs in the US, according to an annual report from Glassdoor. Thirteen of the 25 highest-paying jobs this year were in tech, up from 11 in 2017, according to the report, which was released on Wednesday. Within the industry, enterprise architects, software development managers, software engineering managers and software architects received the highest pay, with the lowest average base salary well over $100

Is Uber still a viable business?

In March, Uber will turn ten years old. On paper, it’s one of the world’s most highly valued companies. Uber has become a verb for rides on demand, changed the transportation habits of millions and pushed changes in city planning around the world. But after a decade of operation and perhaps a year or so away from its initial public offering, an essential unanswered question remains: is Uber viable? Put aside

The cruel practice of selling trinkets containing live animals continues in China

In 2011, CNN brought the public’s attention to a deeply disturbing trend that was observed in Beijing, China. Among the usual trinkets and key chains sold at vendors’ stalls, were live animals, like small fish, young Chinese soft-shell turtles (that are classified as a vulnerable species) and other tiny amphibians enclosed in plastic pouches filled with coloured water. One of the vendors told CNN the bags contained crystallized oxygen and nutrients which allowed the animals

Aretha Franklin: The Queen of Shade

Aretha Franklin was known as the Queen of Soul but many fans would also remember her for her sharp tongue and no-nonsense attitude. You might think of shade as protection that a tree gives when it’s hot but in the pop culture world, shade takes on a new meaning. The urban dictionary defines shade as insulting, judging or dissing someone in a light manner. Franklin knew how to dish it

Qatar set to be outstripped as world’s richest place by Macau

Qatar is on track to lose its status as the richest place in the world to the Chinese gambling enclave of Macau. The global casino hub’s economy will reach the equivalent of about $143 116 per person by 2020, according to projections from the International Monetary Fund. That will put Macau ahead of the current No. 1 Qatar, which will reach $139 151 in the same time frame. A former

More pain seen as economists lower key forecasts

South African President Cyril Ramaphosa had hopes of lifting economic growth to 3% in 2018. Economists think that goal is even more unattainable than before. Average gross domestic product will be 1.4% this year, according to the median prediction by 22 respondents in a Bloomberg survey, which takes place monthly. This less than the 1.5% forecast in the July poll and is the fourth consecutive reduction in the outlook, which

More pain seen as economists lower key South African forecasts

South African President Cyril Ramaphosa had hopes of lifting economic growth to 3% in 2018. Economists think that goal is even more unattainable than before. Average gross domestic product will be 1.4% this year, according to the median prediction by 22 respondents in a Bloomberg survey, which takes place monthly. This less than the 1.5% forecast in the July poll and is the fourth consecutive reduction in the outlook, which