At Citigroup's annual meeting Tuesday, 55 percent of shareholders voted against big paychecks for the firms top executives. Citigroup's latest pay package saw the CEO take home some $25 million, despite dwindling share values. The vote is not binding, but analysts call it historic.
China is gripped by a tale of murder, betrayal, flight and intrigue that threatens the stability of the entire nation. At its heart is the death of a 41-year-old British businessman in a hotel room in the city of Chongqing last fall. The scandal has brought down a high-flying Chinese politician, Chongqing's party secretary Bo Xilai, and his wife, with China's state-run media hinting at their corruption and abuse of power.
Psychologists at Purdue University have come up with an interesting twist on the old notion of the power of positive thinking. Call it the power of positive perception: They've shown that you may be able to improve your golf game by believing the hole you're aiming for is larger than it really is.
Jessica Witt, who studies how perception and performance are related, decided to look at golf — specifically, how the appearance of the hole changes depending on whether you're playing well or poorly.
Tina Brown, editor of The Daily Beast and Newsweek, tells us what she's been reading in a feature that Morning Edition likes to call "Word of Mouth." This month, Brown has been thinking about the contributions of journalists to global culture.
Paul Schubert and his wife decided to buy a new car last summer — a really fuel-efficient one. After a lot of research, they settled on a Toyota Prius. But there was a problem: They couldn't find one.
The tsunami that devastated Japan in March had dried up supplies of the Prius, which is made in Japan, and a dealer told them they would have to wait — "about four months," Schubert says. "And we thought, well, it'd be, probably, end of November, early December before we were going to have a car."
The House is scheduled to vote this week on a small-business tax cut bill offered up by Republicans. It's just the latest piece of legislation to focus on small businesses, which are widely praised in the political discourse as engines of job creation. The adoration is nearly universal — and it reflects something beyond economic reality.
"Small businesses create 2 out of every 3 jobs in this economy, so our recovery depends on them," President Obama said in 2012 at a New Jersey sandwich shop where he met with small-business owners.
Can I give you a word I love that you just don't hear anymore?
It used to be that all kinds of stuff was described as "zany," but it seems to have mostly gone out for fancier words like "dysfunctional."
Now, I bring this up because most sports franchises are pretty standard issue. Oh, some are rich, some poor, some win, some lose, but only one currently, to my mind, descends to the dear old level of zany. That is the Miami Marlins, formerly the Florida Marlins, or, now, as I like to call them, given their location in Little Havana, Los Zany-os.