News That Matters

Tag: American

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 In an obvious way, that claim is outdated.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...
Watch: Springer, Bregman go back-to-back to lead American League to All-Star Game glory

Watch: Springer, Bregman go back-to-back to lead American League to All-Star Game glory

Sports
July 18 (UPI) -- The American League edged the National League 8-6 in a record-breaking slugfest at the 2018 MLB All-Star Game Tuesday at Nationals Park in Washington, D.C. Baseball's best combined for 10 home runs, the most ever hit at the Midsummer Classic. Houston Astros third baseman Alex Bregman and outfielder George Springer hit back-to-back home runs in the top of the 10th inning, giving the American League a 7-5 lead in the 89th edition of the showdown. Bregman was named MVP for his effort, highlighted by the 376 foot longball. "Just an incredible two years for the Houston Astros," Bregman told Fox Sports. "It has been a blast. Being able to be on this field with such great players on both sides ... Have my family and friends in attendance. This is really special to us." New York...

American tech giants are making life tough for startups

Finance
IT IS a classic startup story, but with a twist. Three 20-somethings launched a firm out of a dorm room at the Massachusetts Institute of Technology in 2016, with the goal of using algorithms to predict the reply to an e-mail. In May they were fundraising for their startup, EasyEmail, when Google held its annual conference for software developers and announced a tool similar to EasyEmail’s. Filip Twarowski, its boss, sees Google’s incursion as “incredible confirmation” they are working on something worthwhile. But he also admits that it came as “a little bit of a shock”. The giant has scared off at least one prospective backer of EasyEmail, because venture capitalists try to dodge spaces where the tech giants might step.The behemoths’ annual confer...
American Cancer Society advises colorectal screens at 45, not 50

American Cancer Society advises colorectal screens at 45, not 50

Health
May 30 (UPI) -- The American Cancer Society changed its recommendation Wednesday for colorectal cancer screenings, saying adults should begin them at age 45 -- not 50, as previously advised. Colorectal cancer is the fourth-most commonly diagnosed cancer among adults and the second-leading cause of cancer death, in the United States. Prior recommendations to catch slow-moving malignancies advised the start of regular checks at age 50, but a paper published by the ACS Wednesday said Americans should jump on it sooner. "There is compelling evidence that the optimum age to start is now 45," Dr. Richard Wender of the ACS told NPR, noting a sharp increase in deaths from colon and rectal cancers among men and women under age 50. "People born in the eighties and nineties are at higher risk of de...
American firms reveal the gulf between bosses’ and workers’ pay

American firms reveal the gulf between bosses’ and workers’ pay

Finance
[unable to retrieve full-text content]HOW much should company bosses be paid relative to their employees? It depends who you ask. Plato argued that the richest members of society should earn no more than four times the pay of the poorest. John Pierpont Morgan, a banker from America’s gilded age, reckoned that bosses should earn at most 20 times the pay of their underlings. Investors today hold chief executives in vastly higher esteem. According to new filings submitted to the Securities and Exchange Commission (SEC), America’s largest publicly listed firms (those worth at least $ 1bn) on average paid their chief executives 130 times more than their typical workers in 2017. The figures are being disclosed by firms in their financial filings for the first time this year.The SEC’s new require