Business leaders who want to succeed need to embrace their human side

Sometimes company bosses need to scrap the expensive advice
One of the questions I’m often forced to ponder in the course of my work is why some companies succeed and others do not.
I don’t mean financially, although that helps, but in the reputational sense. They appear to have an easy rapport with the public, with their shareholders, with the business media, with politicians and with regulators. When things sometimes go wrong, as they inevitably do, they can easily be forgiven. For others, by contrast, an error is widely regarded as another negative, sometimes fatally so.
For the first group, they can turn even the very worst into good, not cynically and exploitatively, but naturally. For the latter, it may prove to be the final blow, for the senior management or the brand, or both – the executives destined never to recover their personal reputations.
Read more London falls out of top 10 most expensive business travel destinations What’s the most traumatic event to befall an o..

AT&T and Verizon under investigation over possible collusion to stop people switching phone provider

The Department of Justice is investigating potential efforts by AT&T and Verizon to hamstring a technology that could make it easier for consumers to seamlessly switch their wireless carriers, according to three people familiar with the matter.
The probe appears to focus on whether those companies – perhaps in a bid to stop their subscribers from jumping ship to rivals – colluded to undermine so-called eSIM cards, a technology that could someday allow the owners of smartphones, smart watches or other devices to change their service provider on their own, the people said, speaking on condition of anonymity to speak freely about the probe, which has not been made public.
If the US government ultimately determines that AT&T and Verizon harmed competitors or consumers, it could result in major fines or other penalties.
Verizon Executive Vice President, Hans Vestberg, speaks during a keynote discussion on 5G and mobile innovation during CES 2018 in Las Vegas in January (MANDEL NGAN/AFP/G..

Is Facebook’s Campbell Brown a Force to Be Reckoned With? Or Is She Fake News?

Is Facebook’s Campbell Brown a Force to Be Reckoned With? Or Is She Fake News? It was another terrible day for Facebook and the company had dispatched Campbell Brown, its head of news partnerships, to do some damage control.
In mid-March, Ms. Brown took the stage at a conference in New York about the future of the media industry. In front of a room full of editors and advertising executives, she immediately faced a question about Facebook’s latest scandal: The company had sent a letter to The Guardian threatening a lawsuit if the newspaper published a massive report on the political consulting firm Cambridge Analytica’s improper harvesting of the data of millions of the social network’s users.
“If it were me, I would have probably not threatened to sue The Guardian,” Ms. Brown said, with a Southern lilt in her voice and the easy charm of a onetime broadcast anchor. “Probably not our wisest move.”
Some in the audience shot surprised glances at one another. That Ms. Brown was so willing ..

Tesla Factory Safety Under Scrutiny After Worker Is Injured

Tesla Factory Safety Under Scrutiny After Worker Is Injured Photo Tesla’s Model 3, which is made at a factory in Fremont, Calif. The California Division of Occupational Safety and Health is investigating a worker’s injury there this month. Credit Scott Olson/Getty Images Tesla is already under scrutiny because of its uncertain financial outlook, troubles producing a new model and safety questions about its driver-assistance technology.
Now it is coming under fire on a new front: workplace injuries.
California’s job safety watchdog said Friday that it was investigating a recent incident at the automaker’s factory in Fremont that left a worker hospitalized with a broken jaw.
It said the man, a 30-year-old millwright employed by a subcontractor, had been hit by a skid carrier, a piece of equipment used to move a vehicle through the assembly process.
The state agency, Division of Occupational Safety and Health, has six months to issue citations for any violations of workplace safety regula..

Pensions pay gap: Men receive up to £29k more than women in state pension, study shows

Many women have a smaller retirement savings pot because they take breaks in their careers
The pay gap continues after retirement, with men getting a better state pension deal than women, according to research from consumer group Which?.
Male pensioners stand to receive almost £29,000 in total more than women over the course of a typical 20-year retirement, based on the latest available data from the Department of Work and Pensions (DWP), which shows the average man receives a weekly pension of £153.86 while women get £125.98.
Read more Grandparents claiming pension boost for looking after grandchildren Scrapping state pension triple lock may increase poverty, report warns Fifteen million people aren’t saving for retirement, FCA boss warns The figures, which cover the three months to August 2017, show women receive on average 81.9 per cent of what men get, an improvement from 79.7 per cent in the same period of 2015 and 77.7 per cent in 2013.
Almost 13 million people currently..

India’s ATMs Are Running Out of Cash. Again.

India’s ATMs Are Running Out of Cash. Again.
NEW DELHI — For the second time in 18 months, India has a shortage of cash. And like last time, economists say, it’s primarily the government’s fault.
Empty ATMs and bank restrictions on withdrawals have been reported in eight states this week, and some bank managers said the cash crunch has been building for months.
The government says the cash problem was caused by an unusual spurt in demand and will be eased within days. But if it persists, the shortage poses a political threat to Prime Minister Narendra Modi, whose administration has been hit in recent weeks from a series of stumbles. Most recently, he was criticized for his long silence over the horrific gang rape and murder of an 8-year-old Muslim girl that police say was committed by a group of Hindu men to terrorize the Muslim population.
On Monday, Sampath Kumar Lohati drove his scooter around Warangal, a city in the south Indian state of Telangana, for more than four hours trying ..