Submitted by Michael Krieger of Liberty Blitzkrieg blog, I knew that the legal market was in bad shape last summer when I came across the story that top law firm Weil, Gotshal & Manges announced its first mass layoffs in 82 years, but I had no idea it was this bad.
NEW DELHI: The NCR residential market is stuck with an estimated inventory of 1,70,000 units while another 90,000 dwelling units that are under construction are likely to be delayed for hand-over, according to a survey by industry body ASSOCHAM. "A large inventory is piling up despite prices correcting by over 20 per cent in the last one year, while there is a huge fall in the new projects being launched by developers who are hard-pressed for cash," the study said. ASSOCHAM pointed out that the increase in inventory level is because of falling demand from actual users as well as investors.
Did Bill Gates waste a billion dollars because he failed to understand the formula for the standard deviation of the mean? Howard Wainer makes the case in the entertaining Picturing the Uncertain World (first chapter with the Gates story free here).
You don’t want to relive the high-school stress of taking the SATs, but if you’re a job-seeker, you might have no other choice. With a labor market that remains a “buyer’s market,” more employers are making applicants provide SAT or ACT scores years or even decades after taking the tests. A slew of companies, ranging from consulting firm Bain & Co. to financial firm Goldman Sachs, make new college grads applying for jobs provide their scores, according to the Wall Street Journal, which says other firms in consulting and finance like Boston Consulting Group and D.E.
Timothy B. Lee -- Writer with Ars Technica and the Cato Institute The most important policy debates are often the ones no one is having. Some issues--abortion, tax policy, health care--have been debated ad nauseum for decades. The arguments on each side are well-rehearsed, and even people who aren't very politically active often have an opinion about them.