Wall Street Traders May See Smaller Bonuses This Year

Wall Street traders, usually among the best-paid employees in the industry, may see drastic cuts in their take-home pay, Bloomberg News said.

Revenue in trading divisions has fallen by an average of 12% so far this year. Goldman Sachs (GS), which mak…

7-Eleven Seeks to Capitalize on Obama Slurpee Joke

President Barack Obama’s joke about holding a “Slurpee Summit” between Democrats and Republicans has the makers of the sugary drink scrambling to take action. “We don’t want to be opportunistic, but nothing has ever been this b…

Domino’s Japan to Pay $31,000 for One Hour’s Work

Domino’s Pizza Japan will pay one lucky worker 2.5 million yen ($31,000) for an hour’s work.

The pizza outlet gave no details on the job’s duties. The only requirement was that applicants must be over 18, according to The Associated Press.

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The company said it will provide further information on Nov. 10. The job is part of the campaign commemorating the 25th anniversary of Domino’s…

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Domino’s Japan to Pay $31,000 for One Hour’s Work originally appeared on DailyFinance on Thu, 04 Nov 2010 07:01:00.

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Gates Foundation Gives $50 Million to Smithsonian

The Bill & Melinda Gates Foundation gave $50 million for new programs at the Smithsonian Institution.

Thirty million dollars of that will go towards programs aimed at underserved students in school districts across the U.S., The Associated Press reported.

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The Youth Access Endowment will build on current programs that use websites, distance learning, online conferences and games…

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Gates Foundation Gives $50 Million to Smithsonian originally appeared on DailyFinance on Thu, 04 Nov 2010 06:50:00.

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JPMorgan Vice Chairman Steve Black to Leave the Company

Steve Black, vice chairman at JPMorgan Chase, plans to step down early next year after a decade with the firm. He headed the company’s investment bank for five years and was instrumental in its Bear Stearns acquisition. What’s …