It’s something Americans do about 80 times a day according to a 2016 study. Yet more so than walking into a meeting 35 minutes late with a fresh latte in hand, swearing in the workplace is still seen as taboo. In fact, a 2015 survey found that 81% of employers believed swearing at work “brings an employee’s professionalism into question.” advertisement advertisement But just like movie producer Darryl Zanuck, who in 1946 infamously said the TV would just be a fad, this opinion isn’t aging well. Study after study on this subject have all come to the same conclusion, cursing has many benefits in both our private and professional lives. Let’s dive into a few of them. On a personal level, people who swear often lie less frequently, have higher levels of integrity and emotional intelligence, possess a larger vocabulary and are linked with having higher IQs. Cursing conveys feelings and opinions not captured by everyday language so people … [Read more...] about Here is why you should swear at work, according to science
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Bumi, the scandal-hit Indonesian coal miner, has revealed a $200m (£130m) black hole at its main subsidiary, as it released much-delayed financial results for 2012. The FTSE-250 company – which has been dogged by a very public battle for control between financier Nat Rothschild and his co-founders, Indonesia's powerful Bakrie family – said it would seek to recover the money that had been spent over the past two years "with no clear business purpose". A source close to Rothschild, who is no longer on the board but remains the company's second largest shareholder, said: "It's appalling but not surprising." Bumi revealed the missing funds as it reported a pre-tax loss of $2.4bn for 2012, reflecting a decline in the value of its Indonesian mines, in part due to expectations of a lower coal price. The company said that $152m in 2012 and $49m in 2011 had been wrongly attributed to the maintenance and extension of hauling roads, payments to landowners, consulting costs and … [Read more...] about Bumi reveals $200m black hole in financial results
Coupang, South Korea’s answer to Amazon, has raised $100 million in a round of financing led by Sequoia Capital. The investment led by Sequoia chairman Mike Moritz adds one of Asia’s fastest-growing and most valuable startups to Sequoia Capital’s already impressive roster of Asian deals. According to one person with knowledge of the deal, the new investment values Coupang at well over $1 billion. Founded three years ago by Harvard Business School dropout Bom Kim, Coupang now has over $1 billion in sales — a milestone it reached faster than any other Asian e-commerce company. According to previous reports, Kim had the idea for Coupang after seeing the explosive growth of online retail companies like Groupon in the late 2000s. Realizing that the ship had sailed for a similar company in the U.S. Kim thought that the South Korean market, where shopping is a pastime, mobile phones are everywhere, and high-speed Internet is ubiquitous, would be an ideal country to … [Read more...] about Sequoia Backs Coupang, South Korea’s Answer To Amazon, With $100 Million
File photo: Mexican state police patrol outside La Toma prison in Veracruz in 2018. (AP Photo/Felix Marquez) File photo: Mexican state police patrol outside La Toma prison in Veracruz in 2018. (AP Photo/Felix Marquez) Photo: Felix Marquez, Associated Press Photo: Felix Marquez, Associated Press Image 1 of / 1 Caption Close Image 1 of 1 File photo: Mexican state police patrol outside La Toma prison in Veracruz in 2018. (AP Photo/Felix Marquez) File photo: Mexican state police patrol outside La Toma prison in Veracruz in 2018. (AP Photo/Felix Marquez) Photo: Felix Marquez, Associated Press He Was One of Mexico's Deadliest Assassins. Then He Turned on His Cartel. 1 / 1 Back to Gallery JOJUTLA, … [Read more...] about He Was One of Mexico’s Deadliest Assassins. Then He Turned on His Cartel.
Retailer Comet was plunged into chaoson Thursday as its looming administration led to suppliers commandeering stock, its website crashing and shoppers being urged to spend vouchers soon to become worthless. The company said a notice of intent to file for administration had been handed in at the high court with the formal appointment of administrators expected early next week. The crunch puts 6,500 jobs at risk and raises the spectre of one of the darkest days for the high street since the collapse of Woolworths in 2008. In an email to staff, Comet chief executive Bob Darke said the board was "urgently working with its advisers to seek a solution to secure a viable future". The 80-year-old company started as Comet Battery Stores, which charged batteries for wireless sets, and pioneered out-of-town retailing, opening its first superstore in Hull in 1968. In the first of a series of ownership changes, Comet was bought by B&Q owner Kingfisher in 1984 for £129m and, by the … [Read more...] about Comet sees website crash and suppliers commandeer stock