The Bank of England is announcing it will begin circulating plastic money in 2016 — polymer versions of the paper bank notes Britons have used for more than three centuries.Bank officials say the currency should last longer and be harder to counterfeit.
Leaders of some of this country's largest technology companies were at the White House on Tuesday to meet with President Obama. While the administration said the meeting would touch on a range of topics, including issues with the health care website, many of the tech executives had another matter on their minds: the National Security Agency.
With low prices, consumers feel less pain at the gas pump and the grocery store. But superlow inflation often means workers don't see big raises. And it can hurt the economy because consumers hold off purchases, thinking prices will drop some more.
Drugmakers learned long ago that deputized doctors are effective pitchmen. A doctor's dinner speech or chat over lunch with colleagues can go a long way toward changing his or her colleagues' prescribing habits. But increasing scrutiny has led to a reconsideration of the practice.
Two decades ago, labor unions warned that the North American Free Trade Agreement would drive away U.S. jobs and push wages down. Today, unions feel as strongly as ever that NAFTA was a mistake for U.S. workers, but quantifying the factors behind the decline in the middle class is no simple matter.
Some of the most heated protests in San Francisco have been over big, sleek buses — private shuttles that Silicon Valley tech companies like Google and Facebook use to get their city-living employees to work. They've become a symbol of the city's changing socioeconomic landscape.
GlaxoSmithKline says it will stop paying doctors to speak on its behalf at conferences and will also stop paying for doctors to attend conferences where marketing takes place. The company is also changing the way it compensates its global sales force. Some of the changes will go into effect by early 2015, others will take a bit longer.
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