The New York Times‘ excellent data analysis site the Upshot posted two interactive infographics this week detailing the decline of men between the ages of 25 and 54 in the workforce over the past 15 years. Due to fallout from the recession, there are more men in their prime who are unemployed now compared with 15 years ago, and many more than there were during the ’50s and ’60s. In the mid-century, only about 5% of 25- to 54-year-old men weren’t working, a figure that has now grown to 16%. advertisement One of the two infographics that the Upshot created maps the decline of working men across the U.S. by Census-tract borders and by county. Glance at this visualization, and it’s easy to see where our economy hurts the most. In affluent areas like San Francisco and Manhattan, most prime-age men are working; in areas like Appalachia and southwestern states like New Mexico and Arizona the percentage of men out of work can be in the 50% to 80% range. … [Read more...] about The Decline Of Male Workers, Visualized
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The Case For And Against College According To Two Cofounders
There are few debates in the startup world more polarizing than whether aspiring entrepreneurs should pursue higher education like a college degree or MBA. advertisement advertisement Peter Thiel, the first investor in Facebook, offers $100,000 each to 20 students every year to drop out of college, or skip it all together. On the other hand Paul Graham, cofounder of Y Combinator, believes trying to start a company before graduating college is generally an awful idea with lifelong ramifications. And while Elon Musk has famously expressed his disdain for MBAs, stating, “As much as possible, avoid hiring MBAs. MBA programs don’t teach people how to create companies,” plenty of business leaders in the startup world tout their MBAs as instrumental to their success. Representing both ends of the higher-ed spectrum are two cofounders of TheTake app–CTO Jared Browarnik left Columbia University before completing his undergraduate studies to cofound TheTake, … [Read more...] about The Case For And Against College According To Two Cofounders
Ban Bigg Boss, book Salman Khan under NSA, demands UP BJP MLA
An Uttar Pradesh BJP MLA has sought a ban on reality TV show 'Bigg Boss 13' for allegedly promoting obscenity and demanded that its host and actor Salman Khan be booked under the stringent National Security Act.Bharatiya Janata Party (BJP) lawmaker Nand Kishore Gurjar has sent a letter to the Union Minister of Information and Broadcasting Prakash Javadekar claiming that the reality show currently being aired on Colors channel has "shattered social harmony" and promotes "obscenity and vulgarity".The MLA said that the channel is broadcasting the show at prime time when usually families sit together to watch TV.Close On one hand, Prime Minister Narendra Modi is portraying and promoting our ancient culture on the international stage and on the other we have this obnoxious show, the MLA said. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Panipat looks for a turnaround, Vidyut Jammwal's Commando 3 is profitable Unnao rape victim's sister says family won't … [Read more...] about Ban Bigg Boss, book Salman Khan under NSA, demands UP BJP MLA
Pharma wrap: Why we need to give teeth to regulation to curb unethical pharma marketing practices
The widespread practice of payments for prescriptions, where pharmaceutical companies pay doctors in cash or kind, to generate prescriptions and increase sales, continues unabated, as the government drags its feet to bring in a stringent regulation.A study co-authored by Dr Arun Gadra and Dr Archana Diwate, titled 'Promotional Practices of the Pharmaceutical Industry and Implementation Status of Related Regulatory Codes in India', documents unethical practices and failure of regulations while also offering suggestions to improve the exiting regulatory framework.The study is based on 50 in-depth interviews conducted across six cities, primarily involving medical representatives who are the front-line key persons on the field promoting drugs to doctors.Close It highlights direct deals between pharma companies and doctors, citing some cases, for instance, where pharma companies pay installments on a doctor's car purchase. There were extreme cases, where a few doctors even … [Read more...] about Pharma wrap: Why we need to give teeth to regulation to curb unethical pharma marketing practices
CG Power seeks shareholders’ nod to borrow up to Rs 5,000 cr to revive business
Fraud-hit CG Power and Industrial Solutions has sought shareholders' nod to borrow up to Rs 5,000 crore to meet working capital and other business needs as it looks to spring back from the worst crisis in its history. CG Power has called an annual general meeting of shareholders on December 14 where the resolution for borrowing will be put to vote.In a notice to shareholders, the firm said its current borrowing as of March 31, 2019, is Rs 2,455.39 crore (fund based including short term loans) and Rs 1,380.00 crore (non fund based)."Keeping in view the existing borrowing and additional fund requirements and given the current financial condition of the company, the company is in urgent need of both long-term capital and working capital and towards this, the management of the company is in the process of identifying potential sources of capital," it said.Close The company is also seeking external advice on mode and sources of fund raising. related news Modi govt resolves to … [Read more...] about CG Power seeks shareholders’ nod to borrow up to Rs 5,000 cr to revive business