A US appeals court has ruled in favor of AT&T, saying the Federal Trade Commission lacked the authority to sue the carrier to obtain refunds for consumers who bought unlimited data plans but saw their service slowed after they used a certain amount of bandwidth. The court rejected the FTC's jurisdictional argument, saying the agency could not regulate a "common carrier."
The game of Tetris was born in a Russian computer academy after Alexey Pajitnov was inspired by pentomino puzzle pieces in a toy store. This article describes the starts and stops as Pajitnov struggled to develop a compelling computer game.
Rep. Carolyn Maloney, D-N.Y., has sent a letter to the Federal Reserve, the Securities and Exchange Commission, the Federal Deposit Insurance Corp. and other agencies questioning the Volcker rule and is requesting nearly two years of quantitative-trading data. "I believe that these quantitative trading metrics can provide important information not only about the efficacy of the Volcker Rule, but also about the general trading activities of US banks, and the degree to which these trading activities have changed over the past two years," Maloney wrote.
Conventional business practices are too linear and fear-based in a world where resources are at a premium, argues Dawna Jones. This article offers five ways to enhance consciousness on personal and organizational levels.
"That's just who I am" is a poor excuse for behaviors that can and should be changed, Karin Hurt writes. "If you're a leader, when you won't change, you give everyone on your team permission to dig their heels in and use the 'that's just who I am' cop out too, and the whole team begins to accept toxic behaviors," she writes.
Clear and effective brand narratives follow the RAPTURE method -- possessing relevance, authenticity and timeliness, among other qualities. Don't forget to be relatable, write authors Jeremy Goldman and Ali Zagat.
The five Ws and "How?" are a good starting point for asking strategic questions, Mike Richardson writes. These questions are simple enough, but they must be addressed as an ongoing concern, not as an annual exercise, he warns.
Riverfront Choice Tickets is a successful regional ticket brokerage that has no social media presence and a CEO, Hugh Dodman, who hasn't done an interview since 1988, the year the business started. "I don't think he looks fondly on the spotlight when it should be for other people in this organization for what they accomplish," said public relations director Jeff McDonald.
S&P 500 companies are shifting reporting techniques to conform with Securities and Exchange Commission guidance calling for generally accepted accounting principles to be given more weight. Of the companies that have reported results since July 1, 81% gave prominence to their GAAP figures, up from 52% during the reporting period for first-quarter results.
If confronted by a prolonged recession, the Federal Reserve may increase its inflation target and buy a broader range of assets than it has targeted in the past, Chair Janet Yellen said. "Future policymakers might choose to consider some ... tools that have been employed by other central banks, though adding them to our tool kit would require a very careful weighing of costs and benefits and, in some cases, could require legislation," she said.
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