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Business News Roundup

Why did the stock market drop? USA TODAY >

A Silicon Valley tech investor called the startup economy a “Ponzi scheme.” CNBC >

A report says China used a tiny chip to infiltrate U.S. companies. BLOOMBERG BUSINESSWEEK>

Here are three strategies for companies concerned about competing with Amazon’s wage hike. AP >


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(University of Georgia illustration)

Study: CEOs who are younger siblings take more business risks

Chief executives who grew up as younger siblings take more risks than firstborn executives, according to research from the University of Georgia. “CEOs with older siblings tend to take more risks as CEOs because they’re used to doing that to get the ...