‘This is your coffee calling – buy me’; British high street prepares for latest iBeacon technology

February 14, 2014 8:02 pm

‘This is your coffee calling – buy me’

By Daniel Thomas in London and Tim Bradshaw in San Francisco

Cakes that send smartphone messages to passing hungry shoppers will soon be on the shelves of coffee shops as the British high street prepares to adopt one of the latest US technologies.

A shopper walking down a supermarket cereal aisle could be pinged with details of a special offer on cornflakes. Someone standing at the counter in a café might be sent a message tempting them to buy a cake. Read more of this post

Crisis-hit European utilities square up to technological revolution

February 14, 2014 5:15 pm

Crisis-hit European utilities square up to technological revolution

By Guy Chazan

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Faced with a grim present and an even grimmer future, Europe’s utilities are being forced to reinvent themselves – and adapt to a technological revolution in home energy services.

Once unassailable incumbents are under pressure as never before, squeezed by the explosive growth of renewables and low wholesale energy prices. Read more of this post

The seductive appeal of cultural stereotypes; Is it obvious that Jewish or Chinese Americans have superior willpower? asks Tim Harford

February 14, 2014 4:49 pm

The seductive appeal of cultural stereotypes

By Tim Harford

Is it obvious that Jewish or Chinese Americans have superior willpower? asks Tim Harford

‘It may be taboo to say it, but some cultural groups starkly outperform others.’
Jacket blurb of ‘The Triple Package’ by Amy Chua and Jed Rubenfeld

Which cultural groups are they talking about? I vote for the baby boomers. They run the world and retire early on fat pensions; the rest of us are still listening to their idea of good music. They are outperforming the stuffing out of the rest of us. Read more of this post

Corporate wealth divisions throw a mirror on society; Evidence growing of a ‘winner takes all’ economy

February 14, 2014 6:06 pm

Corporate wealth divisions throw a mirror on society

By Brooke Masters

Evidence growing of a ‘winner takes all’ economy

For months now, the improving economic indicators in both the UK and the US have not been mirrored in better results from many companies – particularly those that cater to consumers.

That split was heightened this week as the Bank of England unveiled surprisingly bullish economic forecasts in which it predicted UK growth would hit 3.4 per cent for 2014, instead of 2.8 per cent as forecast. Read more of this post

Men ‘feel more confident’ ordering sweet fruity drinks; Men’s increasingly experimental drinks taste is behind SABMiller’s expanded range of beverages

Men ‘feel more confident’ ordering sweet fruity drinks

Men’s increasingly experimental drinks taste is behind SABMiller’s expanded range of beverages

By Olivia Goldhill

6:17PM GMT 11 Feb 2014

Sweeter and fruitier drinks are driving SABMiller sales as men feel increasingly confident ordering alternative beverages.

The world’s second-largest brewer said it was developing its drinks range beyond traditional lagers partly in response to the more experimental tastes of male consumers. Read more of this post

Does Australia have too many accountants

Does Australia have too many accountants?

February 12, 2014 – 4:00PM

Edmund Tadros and Agnes King

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It used to be one of the safest career choices. But while Australians are deserting the accounting profession, an avalanche of foreign accounting students has hit our universities, prompting a fight between the government and big firms about how many accountants we actually need. Read more of this post

The real story behind the biggest collapse in modern Canadian legal history; Heenan Blaikie reveals the flaw of the partnership model

Ian Holloway: Heenan Blaikie reveals the flaw of the partnership model

Ian Holloway, Special to Financial Post | February 11, 2014 | Last Updated:Feb 11 2:05 PM ET
So a giant has fallen. Last week, the remaining partners of the law firm of Heenan Blaikie LLP voted to dissolve the partnership and to wind up the business

. Practice groups have decamped to firms that, until a short time ago, were rivals. A rump tried to become the Canadian bridgehead of global firm DLA Piper, but those talks appear to have failed. Read more of this post

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