Some quick links to start your Thursday. The CEOs of companies in the S&P 500 were paid, on average, 216 times more than the median employee, according to data released yesterday. Some CEOs were paid as much as 800 times the median employee’s salary … Why you should always be at meetings five minutes early … Why flying cars and jetpacks are not on the horizon … Why the Federal Reserve Board should start raising interest rates now … Why offering perks like unlimited vacation time and maternity leave actually do more harm than good … 11 lessons to make you a better salesperson … How to craft a great email pitch … Science proves why it’s good to “sleep on it.”
NEWS
- The number of businesses filing Chapter 11 bankruptcy spiked in July, rising 77% compared with the same month last year, while the number of consumer bankruptcy filings declined 7% in the same period, according to data published by ACA International that was released by the American Bankruptcy Institute.
- NCC Business Services, an Arizona-based third-party collection agency, is hiring 220 call center representatives.
- The Consumer Financial Protection Bureau has released a report about how it is incorporating “plain language” into is consumer-facing materials, such as brochures and educational content.
- Student loan debt is causing consumers of all ages, but especially millennials, to hold off on making major investments, like buying a house or car, or from making major life decisions, like getting married and having kids, according to the results of a survey. Also, millennials say they were not properly warned of the risks of student loan debt when they took out their loans.
Ethical hackers explain the vulnerabilities of today’s cars
A laptop buying guide from Consumer Reports
If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at mike@canvasbusinessmedia.com.
