AUGUST 22, 2013

Full News Archive

• Headline: Focus on Business Ties in Politburo Scandal. Impact: The downfall of Bo Xilai opened a Pandora's box of political intrigue, leading to a chain of events that resulted in the rise of countless conspiracy theories. Who knew a business ally could spark a nationwide 'who can we trust?' game that still haunts Chinese politics today?. Fact: Xu Ming was not just a businessman but also a master of ‘who you know’ networking. I guess some people collect stamps; he collected politicians..
• Headline: Tech Giants Face New Market Challenges. Impact: The tech scene shift led to the inevitable rise of hipster start-ups brewing artisanal cloud services in their parents' garages. Who would have thought that the future of computing would be so... fluffy?. Fact: Hewlett-Packard and Cisco are now in the tech equivalent of a mid-life crisis, desperately trying to revive their glory days like a washed-up rock band on a reunion tour..
• Headline: UPS Cuts Spousal Health Benefits. Impact: By cutting health benefits, U.P.S. inadvertently sparked a wave of employee activism that has led to the modern gig economy. Turns out, when you mess with people’s health plans, they start thinking outside the box—like, say, starting their own business.. Fact: 15,000 employees suddenly realized that their 'benefits' now include emotional support from each other instead of actual health care. Welcome to the club!.
• Headline: For Art Dealers, a New Life on the Fair Circuit. Impact: The globalization of the art market meant that art dealers had to start thinking like international travelers—who knew that acquiring a masterpiece would also involve mastering the art of jet lag?. Fact: It’s like the Olympics for art dealers, but instead of gold medals, they’re vying for overpriced canvases and a seat at the 'very exclusive' galleries..
• Headline: Obama’s Plan Aims to Lower Cost of College. Impact: Obama’s college plan basically planted a seed of hope for future students, who are now busy Googling 'how to get free tuition' instead of actually studying. Thanks, internet!. Fact: Ranking colleges is like ranking your favorite ice cream flavors—everyone has an opinion, but at the end of the day, it’s all just cold and creamy..