Medical Spending Falls as Deductibles Rise
Is that surgery really worth it? Do I really value that cancer screening? Is that extra imaging service necessary? These are the kinds of questions consumers ask themselves when their insurance plans require higher cost sharing for medical services. This...
The Ill-effects of Sitting Down on the Job
Standing up at work can be good for your health. That is the finding of recent research that links standing-based work to improved health outcomes. It follows numerous other studies that show how our sedentary work habits may be killing...
Non-neutral Net Neutrality
Telecommunication companies were up in arms in February after the Federal Communications Commission (FCC) made net neutrality the law of the land by classifying broadband internet as a utility, seeming to ensure there would be no pay-to-play fast lanes. Not...
Answering the Nuclear (Energy) Question for South Korea’s Future
Since the 1970s, nuclear power has provided cheap, stable and clean electricity that has fuelled South Korea’s rapid economic growth. Currently, 23 nuclear power plants with a total capacity of 21 gigawatts of electric energy are generating 27 percent of...
Getting After Google
pixinoo / Shutterstock.com Last month, the European Commission (EC) filed a formal antitrust complaint against Google for abusing its dominant market position in internet search. pixinoo / Shutterstock.com Last month, the European Commission (EC) filed a formal antitrust complaint against...
Calculating the Cost of Blowing the Whistle
The recent Francis Report into how poor care at Mid-Staffordshire Foundation Trust was allowed to happen was another lesson in just how valuable whistleblowers are to society. Yet as a society, we don’t seem to care that many struggle to...
The Credit Risk Database in Japan is a Model for the Rest of Asia
Considering the importance of small and medium-sized enterprises (SMEs) for employment and GDP and the number of such firms in Asian countries, there needs to be further efforts to offer SMEs access to finance. Asian economy characteristics are having bank-dominated...
For Now, Chinese Businesses Still Drive e-Commerce
As China seeks to further boost the e-commerce sector, it is likely to attract new capital and create new jobs and entrepreneurs. Recently, the State Council, China's cabinet, announced that it would boost the development of e-commerce by cutting red...
What Now That the NFL is No Longer Non-Profit?
Recently, the National Football League (NFL) announced it was giving up its nonprofit status. This is a much-coveted designation because it exempts the entity from taxation. Some lawmakers have been trying to take away its tax-exempt status for years, with...
Thailand’s Health Care Success Overshadowed by a Democratic Crisis
Thailand’s current democratic crisis sits in stark contrast with its greatest achievement this century: universal health coverage. This achievement is also a prime example of the ideological disagreements on the value of populism in Thai politics. In 2001, the government...
Businesses Highlight the Strengths of Autistic Employees
Microsoft has announced its intention to hire more autistic people – not as a charitable enterprise but because, as corporate vice-president Mary Ellen Smith said: “People with autism bring strengths that we need at Microsoft.” Employing autistic people makes good...
Technological Advances are Changing the Banking Model
The banking sector has witnessed many technological changes in recent years that offer more personalized services. The shift towards getting more digital just got more exciting with the introduction of many user-friendly technologies. As banks try to make banking quicker...
Large and Small Businesses Have their Place Driving Economic Growth
Last August, South Main Kitchen, a little restaurant in Alpharetta, Georgia, a small town outside of Atlanta, opened its doors near my wife’s office. Julie, and I, and our friend Mike, were the first ones on the scene and were...
Low Oil Prices Spillover Effect Hits Energy Sector Debt and Equity Hard
Oil companies continue to get burned by low oil prices, but the pain is bleeding over into the financial industry. Major banks are suffering huge losses from both directly backing some struggling oil companies, but also from buying high-yield debt...
Oil Storage is Getting Creative and, in Some Cases, Expensive
Oil prices fell from the middle of last year through mid- to late-January. They have been broadly sideways since. The April light sweet futures contract has been in a $48-$55 range. The April Brent contract traded in a $55-$60 range in...