Posts by Bernice Napach
- Bernice Napach at Yahoo Finance1 hr ago
Sometimes the simplest idea is the best idea. Take mentoring, for example. It's a proven strategy for senior employees to help junior employees succeed, and it's a key component of the companies included in Working Mother magazine's list of the100 best companies for working mothers.
98 of Working Mother Magazine's top 100 companies have a formal mentoring program, and just over 60 of them take it a step further, offering a sponsorship program. Jennifer Owens, editorial director of Working Mother Media, explains in the video above how that works: "I, as a higher executive take you as a lower executive and say 'I am personally responsible for making sure you are considered for new jobs.' That's sponsorship."
- Bernice Napach at Yahoo Finance1 day ago
The genius of the Internet is its ability to connect people and businesses from almost anywhere in the world so long as they can access a wired or wireless network. But despite this enormous reach and connectivity, composer and former conductor of the Minnesota Philharmonic Orchestra James Touchi-Peters, 48, says he found nothing online "anywhere close to anything that I liked or was looking for."
Touchi-Peters was looking for people "with a certain type of experience." He claims that by the time he reached middle age he knew that he wasn't like "the average person." His daily life experiences were different than most other people's. "I knew there were other people like me because I met them all the time, but there wasn't anyplace online to talk to them." His research found that one out of every 200 people in the world, or 0.5%, have assets over $1 million. In the U.S., the figure was one out of 50, or 2%.
- Bernice Napach at Yahoo Finance2 days ago
Oil priceshave fallen 15% over the past year, and they could slide further before stabilizing. That's good news for U.S. consumers who are paying an average of $3.41 for a gallon of regular gasoline -- the lowest price in six months, according to AAA.
"There's some downside still on prices, but I think we're near the bottom here," says Andrew Lebow, a senior VP for energy derivatives at Jefferies Bache. "Maybe another dollar or two on WTI and maybe another dollar or two on Brent.... We’re near the lows."
Sweet West Texas Intermediate crude is now trading just below $92 a barrel, down from $108 a year ago. Brent crude from the North Sea is trading at $97 a barrel -- near a two-year low, and at the narrowest spread to WTI since July.
- Bernice Napach at Yahoo Finance5 days ago
Season four of "The Chew" premiered Monday following a successful third seasonwhere it posted the biggest year-over-year gain in viewers of any daytime TV show. Its ratings jumped 33% from 0.9 to 1.2, matching those of the "The View," which were unchanged.
Much of the popularity of The Chew is due to its celebrity chef hosts: Mario Batali, Michael Symon and Carla Hall, who spoke to Yahoo Finance about her transformation from accountant to top chef.
"I took the CPA test," says Hall. "As soon as I passed I was looking to get out...My biggest fear was being 40 and hating my job."
- Bernice Napach at Yahoo Finance6 days ago
Starting next month consumers who buy Apple's (AAPL) latest iPhone--the iPhone 6 or 6 plus--will be able to use their phones instead of physical credit or debit cards for purchases. All they'll have to do is install Apple Pay on their phone, which stores their credit card and debit card information.
American Express (AXP), Visa (V), MasterCard (MA) and six of the biggest U.S. banks have signed up to support the new payment system along with 220,000 retail outlets, including McDonald's (MCD), Bloomingdales and Macy's(M).
- Bernice Napach at Yahoo Finance7 days ago
Income inequality in America has become so severe and polarizing that 2015 could look a lot like 1935, according to University of Toronto business professor Roger Martin.
Almost 80 years ago "capital was beating up labor, so we got the NLRB, which changed the balance of power between capital and labor," Martin tells Yahoo Finance, referring to the National Labor Relations Board, which protects workers' right to unionize. If the current income imbalance in America doesn't change there will be another "intervention that will change the power dynamics," Martin writes in the October issue of the Harvard Business Review.
- Bernice Napach at Yahoo Finance9 days ago
As the Ebola virus continues to spread in West Africa, infecting and killing more people, President Obama said Sunday the U.S. needs to take the lead in the international battle against the epidemic, and the U.S. military will begin providing equipment and resources for that purpose.
“If we don't make that effort now, and this spreads not just through Africa, but other parts of the world, there's the prospect then that the virus mutates, it becomes more easily transmittable, and then it could be a serious danger to the United States,” President Obama said on NBC's "Meet the Press."
To date, the Ebola virus has spread to four West African countries, including most recently Nigeria--Africa's most populous country. The virus has killed about 2,000 of the 4,000 people infected. (An unrelated strain has been reported in Senegal and the Democratic Republic of the Congo.)
The steady rise in U.S. payrolls topping 200,000 jobs a month has ended. The Labor Department reportedFriday that employers added just 142,000 jobs in August -- far below expectations for 225,000 and the average 212,000 monthly gain over the past year. The unemployment rate ticked lower, to 6.1% from 6.2%.
"The payroll number was quite a disappointment," says Nariman Behravesh, chief economist at IHS. But he says the weakness wasn't universal -- "basically in retail and little bit in autos; the rest of the sectors of the economy added jobs" -- and the decline was "a little fluky." He cites the 17,000 jobs cut from supermarket chain Market Basket, which is expected to be temporary. (Employees went on strike in support of an ousted CEO who was subsequently reinstated.)
When the Labor Department releases its latest jobs report on Friday, it will likely show that the economy added about 200,000 jobs in August and the unemployment rate remained near 6.2%. What it won't show is the extent to which many workers are no longer on payroll but self-employed as freelancers.
The Freelancers Union, a national organization, released a survey today showing that 53 million Americans, or 34% of the country's workforce, are freelancers. The trend started "decades ago, then accelerated," says Sara Horowitz, the group's founder and executive director. "Freelancing is everywhere." She calls it a "new normal."
The fast food workers' movement is gaining momentum. Almost two years after they staged their first one-day strike in New York City, fast food workers are holding their seventh strike today, protesting in more than 100 U.S. cities, many refusing to budge, risking arrest.