fbpx

Author Archives: BetterSMB

Service workplace theft strategic and contagious, study says

(uatp12 / Depositphotos.com)

Sometimes workers steal. Sometimes they see coworkers stealing. A new study using gobs of data has found that restaurant workers who witness point-of-sale system theft by other workers may be more likely to steal themselves, but intervention by management can prevent others from joining in on pilferage.

Read More »

Report ranks cities for ease of doing business for SMBs

(jayfish / Depositphotos.com)

A new report ranks 115 North American cities for the ease of setting up, operating and shutting down small and mid-sized businesses. The Doing Business North America report from the Center for the Study of Economic Liberty at Arizona State University measures ...

Read More »

A number to know: The cost of noncompliance

$77 million The total value, in Canadian dollars, of cannabis inventory and plants to be destroyed by CannTrust Holdings so that it can regain regulatory approval in Canada. The company lost its licenses to produce and sell cannabis in September. READ MORE ...

Read More »

Business news roundup

Starting this week, Walmart will deliver groceries into your fridge if you’re in one of 3 markets where it is launching the service. CNBC > Target has plans to raise its minimum wage to $15 by the end of 2020. Some store ...

Read More »

Business news roundup

McDonald’s is now accepting job applications through voice commands for Amazon Alexa or Google Assistant. THE VERGE > Google says it will not pay publishers in France for search results. Instead they’ll show results that are stripped back. ENGADGET > As small ...

Read More »

Researchers working on app that sees injury risks at work

This composite image shows a robot monitoring participants at left and the robot’s display at right.
To test how well the algorithm might work in a warehouse, the researchers had a robot monitor participants performing activities in a warehouse-like setting. Within three seconds of the end of each activity, the robot showed a score on its display. (Parsa et al./IEEE Robotics and Automation Letters)

Researchers at the University of Washington have developed a system that can monitor factory and warehouse workers and tell them if they risk musculoskeletal injuries in real time, and they’re using their knowledge to develop an app. The researchers used machine learning ...

Read More »

A number to know: The cost of acquisition

$950 million The amount that Vertex spent buying Semma Therapeutics, a biotech company working on a cure for diabetes. READ MORE AT ENDPOINTS NEWS >

Read More »

Business news roundup

A man could not get a Popeye’s chicken sandwich because it was sold out. He’s accused of pulling a gun. WASHINGTON POST > The ISM U.S. manufacturing PMI declined to 49.1% in August, the lowest reading in more than three years. CNBC > ...

Read More »

Investment judgement can be clouded by familiarity, researchers say

(Amvorsuf / Depositphotos.com)

When choosing where to invest, it's really easy to pick something because it's familiar, even though that could be the wrong reason to invest, according to research from Vanderbilt University business professors.

Read More »

Study: People losing jobs would rather lose them to robots

(vitaliy_sokol / Depositphotos.com and cteconsulting / Depositphotos.com)

Millions of jobs are expected to be threatened by robots and artificial intelligence in the coming years, and while much has been speculated about the economic impact on society, a new study suggests a surprising psychological impact on workers: that ...

Read More »

Researchers: Don’t make your exploding job offer too explosive

(nito103 / Depositphotos.com)

Sometimes, companies in a rush to hire an employee may use job offers with unreasonably short deadlines for acceptance — called exploding offers — in order to force an employee to choose quickly. How can that affect the hiring process? ...

Read More »

Business news roundup

A whistleblower says GE is a bigger fraud than Enron. CNN > Virgin Galactic has opened Spaceport America, and the company’s launch vehicle has arrived. Engadget > Some small businesses are planning to grow even if there’s a larger economic downturn. AP> How a ...

Read More »

Business news roundup

President Trump says the Federal Reserve should cut interest rates aggressively this week. CNBC > Ryanair’ CEO says Boeing had better get its “s— together” over the 737 Max. CNBC > Lending money to staffers can cause problems for employers. AP> Behind the scenes ...

Read More »

A number to know: Merged drug companies would bring in billions

$20 billion Expected annual revenue of the combination of Upjohn, a portfolio of drugs that are no longer protected by patents, and Mylan, which makes EpiPens, to create a new company. READ MORE AT WTOP >

Read More »