BRUSSELS — Bankers in Europe face a cap on bonuses as early as next year, after an agreement on Thursday to introduce what would be the world’s strictest pay curbs in a move politicians hope will address public anger at financial-sector greed. The provisional agreement, announced by diplomats and officials after late-night talks between E.U. member representatives and the bloc’s parliament,...
Feb
27
India Ink: Deadly Fire Breaks Out at Market in Kolkata
Label: WorldKOLKATA, India (AP) — A fire broke out at an illegal six-story plastics market in the Indian city of Kolkata early Wednesday morning, killing at least 19 people, police said. The blaze, which started before 4 a.m., was likely caused by a short circuit, said West Bengal fire minister Javed Khan. The fire was under control by mid-morning, he said, but toxic gases being released by the blaze...
Bits Blog: Yahoo Issues a Statement on Work-at-Home Ban
Label: Technology In a front-page article in The New York Times on Tuesday morning, Catherine Rampell and I wrote about Yahoo‘s new policy banning employees from working remotely. The company declined to comment for that article, but on Tuesday afternoon, it issued a statement about the ban against work-at-home arrangements.“This isn’t a broad industry view on working from home,” the statement said. “This is about...
Well: What Housework Has to Do With Waistlines
Label: LifestylePhys EdGretchen Reynolds on the science of fitness.One reason so many American women are overweight may be that we are vacuuming and doing laundry less often, according to a new study that, while scrupulously even-handed, is likely to stir controversy and emotions.The study, published this month in PLoS One, is a follow-up to an influential 2011 report which used data from the U.S. Bureau of Labor...
Well: What Housework Has to Do With Waistlines
Label: HealthPhys EdGretchen Reynolds on the science of fitness.One reason so many American women are overweight may be that we are vacuuming and doing laundry less often, according to a new study that, while scrupulously even-handed, is likely to stir controversy and emotions.The study, published this month in PLoS One, is a follow-up to an influential 2011 report which used data from the U.S. Bureau of Labor...
Media Decoder Blog: SFX Entertainment Buys Electronic Dance Music Site
Label: BusinessSFX Entertainment, the company led by the media executive Robert F. X. Sillerman, has agreed to buy the music download site Beatport, part of the company’s plan to build a $1 billion empire centered on the electronic dance music craze.Mr. Sillerman declined on Tuesday to reveal the price. But two people with direct knowledge of the transaction, who were not authorized to speak about it, said it was...
Feb
26
India Ink: What, No Trishna’s?
Label: WorldIs a pricy Japanese restaurant one of India’s best places to eat? Does southern Indian cuisine pale in comparison to Northern Indian food?That’s what a recent list of the “50 Best Restaurants in Asia” would have you believe.The list, organized by William Reed media, a British trade publishing house, ranks Dum Pukht, the Nawab-style cuisine in the ITC hotel in Delhi, as the top restaurant in India,...
Yahoo Orders Home Workers Back to the Office
Label: TechnologySince Marissa Mayer became chief executive of Yahoo, she has been working hard to get the Internet pioneer off its deathbed and make it an innovator once again. She started with free food and new smartphones for every employee, borrowing from the playbook of Google, her employer until last year. Now, though, Yahoo has made a surprise move: abolishing its work-at-home policy and ordering everyone...
Horse Meat in European Beef Raises Questions on U.S. Exposure
Label: LifestyleThe alarm in Europe over the discovery of horse meat in beef products escalated again Monday, when the Swedish furniture giant Ikea withdrew an estimated 1,670 pounds of meatballs from sale in 14 European countries. Ikea acted after authorities in the Czech Republic detected horse meat in its meatballs. The company said it had made the decision even though its tests two weeks ago did not...
Horse Meat in European Beef Raises Questions on U.S. Exposure
Label: HealthThe alarm in Europe over the discovery of horse meat in beef products escalated again Monday, when the Swedish furniture giant Ikea withdrew an estimated 1,670 pounds of meatballs from sale in 14 European countries. Ikea acted after authorities in the Czech Republic detected horse meat in its meatballs. The company said it had made the decision even though its tests two weeks ago did not...
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