Foxconn, the company assembling many Apple products, raises wages by 25%
Bad publicity for low wages and long hours have come back around against Apple and its contractor, so wages are going up. But at the same time, the company's (wisely) trying to automate more of the assembly process, which in turn will simply put some workers out of jobs entirely. This is how things work -- higher wages create pressure to automate. But it's also a signal that the "cheap labor" advantage that China has had for a long time is not destined to last forever.
There's not enough radio spectrum space for all of our smartphones
Mobile access to the Internet is a huge perk. But it's such a wonderful thing that we're saturating the available radio signals for using it.
The failures of business schools
"[W]e've fostered a segment of the population that thinks they're entitled to a high-paying job by virtue of the fact they have a college degree and can fog a cold mirror"
Southwest Airlines subsidiary AirTran will soon offer service from Des Moines to Chicago Midway
It's pretty close to what Des Moines-area travelers have been hoping would happen for a long time -- it's not exactly direct service from Southwest to other destinations, but it'll certainly open up a lot of access to Southwest routes out of Midway
Animated diagram of the Polo Grounds
It has to have been one of the strangest-shaped baseball fields in history
Clone of a 30,000-year-old plant comes back to life
Good for society: More wind power. Bad for society: Hiding the costs through tax breaks.
Nobody can blame the companies taking advantage of the tax breaks for doing so -- it's just a smart business move. But at one point or another, society has to decide that our lawmakers need to stop trying to pick winners and losers via the tax code. It's just not healthy. If they were that good at picking good businesses, they'd be private-sector investors themselves, rather than eelcted officials.
Show notes from the WHO Radio Wise Guys - February 18, 2012