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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. in 2013; and by an estimated 2.8% in 2012; 5.4%

GDP 8
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Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit. Financial crises hit sources of collateral like real estate particularly hard, and this has negatively impacted smaller firms credit scores. Finance Small/medium business Technology'

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Law Firms’ Grueling Hours Are Turning Defectors into Competitors

Harvard Business Review

In this latest flurry of debate about working long hours , some have intimated that overwork is inevitable in highly competitive industries such as law, finance, and high tech. We’ve all heard by now that productivity decreases with overwork, while attrition and health care costs increase. But that’s just not true.

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Why We Build Fiscal Cliffs

Harvard Business Review

Then there's reconciliation , a process included in a 1974 budget law with a very narrow purpose in mind that was soon exploited by Senate Finance Committee Chairman Russell Long to get tax and spending legislation passed without a 60-vote Senate supermajority. So now, in 2013, they're all due to expire. entry into World War I.

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Sears Has Come Back from the Brink Before

Harvard Business Review

Concerns that it wouldn’t have enough cash to finance its holiday stock has apparently led to the company to sell real estate, spin off its Lands’ End brand, and raise $625 million in unsecured loans and equity warrants. What distinguishes it from lower cost Walmart or more convenient Amazon?

Retail 9