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What makes a better boss? Google tells all

Technical skills aren’t the secret sauce when it comes to being an effective manager, according to new internal research from Google reported in The New York Times. Google found that employees valued bosses who took time to talk and who helped them by asking questions instead of barking orders, the story said. Recognizing from exit interviews that having […]

Patience pays off for firms that say `no’ to suitors

Groupon’s decision not to sell to Google last year might be a good omen. A New York Times article relates several recent examples of companies that have resisted takeover offers and watched their stock rally far beyond the buyout offer. Canadian-based Potash Corp., which considered a $130 share offer from BHP in November, saw its […]

Federal Reserve forecasts higher growth

Federal Reserve officials have boosted their economic growth forecast for 2011, based on higher than expected fourth-quarter consumer spending, the New York Times reported. They expect the nation’s output of goods and services to climb as much as 3.9 percent this year, up from their November forecast of 3.0 percent to 3.6 percent growth. But […]

Foreign activity expected to boost IPOs in 2011

By Hallie Busta —  More foreign companies plan to issue initial public offerings on U.S. exchanges in 2011, while many small domestic businesses are steering clear due to the cost and regulation of going public in the United States. The push into U.S. markets will come primarily from Asian firms, with China’s economy a major […]

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