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The stress that kills American workers

The stress that kills American workers

Finance
WORK can make you sick and shorten your life. That is the argument of a hard-hitting book* by Jeffrey Pfeffer, a professor at the Stanford Graduate School of Business. In an obvious way, that claim is outdated. Health-and-safety rules help explain why deaths from accidents in American workplaces fell by 65% between 1970 and 2015. But one problem has not gone away: stress. As many as 80% of American workers suffer from high levels of stress in their job, according to a survey entitled “Attitudes in the American Workplace”. Nearly half say it is so debilitating that they need help.Firms are at least aware of the issue. A study in 2008 by Watson Wyatt (a consultancy that is now part of Towers Watson) found that 48% of organisations said job-related stress affected performance. But...
Catching a falling knife? Some shady smallcaps show spike in retail holdings

Catching a falling knife? Some shady smallcaps show spike in retail holdings

Finance
NEW DELHI: Market experts are cautioning investors about unfavourable risk-reward on most smallcap counters, but retail investors are still venturing out to catch the falling knife. Or, that is what shareholding data for the past two quarters seems to be suggesting. Retail interest remained high on the buzzing stocks in the first six months of the ongoing calendar, even as select stocks fell between 30 per cent and 70 per cent. On such stock is Ruchi Soya. Individual investors holding shares worth up to Rs 2 lakh hiked stake in this debt-ridden company to 23.7 per cent at the end of June quarter from 15.1 per cent at the end of March quarter and 13.8 per cent at the end of December quarter. This happened even as the stock slipped some 47 per cent so far this calendar. The company is up for...
Advertisement featuring Bachchan, daughter raises hackles of bank union

Advertisement featuring Bachchan, daughter raises hackles of bank union

Finance
A one-and-a-half minute long advertisement for a Kerala-based jewellery chain featuring Amitabh Bachchan and his daughter has come under attack from a bank union which termed it "disgusting" and aimed at creating distrust in the banking system. All India Bank Officers' Confederation, an organisation claiming to have membership of around 3,20,000 officers, today threatened to sue Kalyan Jewellers accusing it of "casting aspersion and hurting the sentiments of millions of personnel" through the advertisement. AIBOC general secretary Soumya Datta alleged that the theme, tone and tenor of the Ad were "disgusting, derogatory, to say the least and is aimed to create distrust in the banking system, for pure commercial gain." Kalyan Jewellers rejected the allegation, saying it was "pure fiction." ...
New 100 rupee note could be violet in colour, says report

New 100 rupee note could be violet in colour, says report

Finance
The Dewas-based Bank Note Press has started printing the new 100 rupee note, according to a report published in Dainik Bhaskar. The new note is equipped with many micro-security features. The Reserve Bank of India (RBI) is expected to issue the new notes in August or September. The new 100 rupee note, which is violet in colour, won't affect the circulation of the old notes, the report added. The new note is slightly smaller in dimension than the old note but is larger than the new 10 rupee note. Banks may have to adjust the size of the cash tray of ATMs to accomodate the new note. The new note will have the impression of Gujarat's Rani ki Vav (Queen's stepwell), according to the report. Rani ki Vav, which is in Gujarat's Patan, is a UNESCO World Heritage Site. Let's block ads! (Why?) Per...
Looking for a home in Berlin or Budapest? Prepare to pay more

Looking for a home in Berlin or Budapest? Prepare to pay more

Finance
Dutch engineers test 'floating island' There's a nice little real estate boom underway in Europe. Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. Prices spiked more than 14% over the previous year in Berlin, Rotterdam and Budapest. EU data back up the findings, showing that home prices increased by an average of 4.7% across the bloc in the first quarter, the highest price growth since late 2007 when the global financial crisis was about to explode. Demand has been fueled by low interest rates, an improving job market, rising consumer confidence and growing interest from foreign buyers, according to Kate Everett-Allen, a residential property expert at Knigh...