LONDON – The Royal Bank of Scotland, hammered by losses, announced plans on Thursday to sell assets and pare back its investment banking business, in an effort to appease regulators and its biggest shareholder, the British government.R.B.S. said it planned to sell a stake in the Citizens Financial Group, the American lender it bought in 1988, through an initial public offering in two years. The bank...
Feb
27
Race for L.A. city controller heats up
Label: World A previously low-profile race for Los Angeles city controller has begun to heat up as opponents of City Councilman Dennis Zine...
Doctors Supercharge Their iPads With Box.net
Label: Technology Doctors love their iPads — even more than you might think.Over in Winston-Salem, North Carolina, a group of more than 60 doctors have revamped their mobile phones and iPads for use in emergency departments across the region with a little help from a familiar application: the popular Box.net file-sharing services. Using Box, they’ve built a new system that lets them share procedures, journal...
Global Health: After Measles Success, Rwanda to Get Rubella Vaccine
Label: HealthRwanda has been so successful at fighting measles that next month it will be the first country to get donor support to move to the next stage — fighting rubella too. On March 11, it will hold a nationwide three-day vaccination campaign with a combined measles-rubella vaccine, hoping to reach nearly five million children up to age 14. It will then integrate the dual vaccine into its national...
Little Movement on Wall Street
Label: BusinessWall Street stocks opened little changed on Wednesday as investors awaited a second round of testimony in Congress by the Federal Reserve chairman, Ben S. Bernanke, for clarity on the longevity of the Fed’s economic stimulus program. The Standard & Poor’s 500-stock index added 0.2 percent, the Dow Jones industrial average rose 0.2 percent and the Nasdaq composite index was flat in...
The Court of Public Opinion Is About Mob Justice and Reputation as Revenge
Label: Technology Recently, Elon Musk and The New York Times took to Twitter and the internet to argue the data – and their grievances — over a failed road test and car review. Meanwhile, an Applebee’s server is part of a Change.org petition to get her job back after posting a pastor’s no-tip receipt comment online. And when he wasn’t paid quickly enough, a local Fitness SF web developer rewrote...
You're the Boss Blog: Critiquing a Web Site That Tries to Keep It Simple
Label: BusinessIt sounds easy. Sell your product online. Design it to tempt every visitor into becoming a buyer. Add an easy-to-use self-service interface that lets customers get answers without interacting with a salesclerk. Everything seems to happen magically, and everything goes smoothly, without any issues. There may be businesses that manage to accomplish this, but rarely without a few struggles. In this post,...
Feb
25
Oscars 2013: An 'Argo' night at Academy Awards
Label: World For the second straight year, the movie business fell for itself."Argo" — in which a Hollywood producer and makeup artist help...
Amazon May Seem Unstoppable, But Google Is Powering the Counterattack
Label: Technology Back in 1990, other stores still had a chance against Walmart. As recalled in Charles Fishman’s The Wal-Mart Effect, a great history of the rise of the retail giant, it was that year when Walmart surpassed Kmart in sales. It wasn’t until 1992 that Walmart sold more than Sears. But by 2011, Walmart had higher sales worldwide than the combined total sales of the next six biggest retailers: Kroger,...
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