Intersecting Minds: Education, Business and Technology at the North Carolina State Jenkins Graduate School of Management

Monday Morning Quick Hits | January 25, 2010

These are tumultuous times we are living in. On to the links:

– Sam’s Club, a retail division of Wal-Mart, is set to cut 10,000  part-time positions following a decision to  hand marketing promos over to a third party vendor.

– Major Wall Street investment banks set aside nearly $40B for compensation, yet this astounding number actually came in well under expectations due to political pressure from the public and the White House. Don’t expect that pressure to yield anytime soon.

– In another sign the broader economy is struggling, corporate bond yield spreads widened for the first time in two months as investors feared the recovery was stalling.

– The war of words between China and the US over internet chicanery continued on Monday morning. The Chinese rebuked a call by the US to investigate hackers accused of probing US computers.

– Apple continues to gear up for the mass release of its tablet computer device.


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