Word: sectored
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...volume of orders that prompted the stock exchange?s early closing, Takuji Aida, Chief Economist at Barclays Capital Japan, blames undisciplined individual investors-a category that Livedoor?s CEO Takafumi Horie helped cultivate. As in the United States seven years ago, the rise of Japan?s Internet sector has stoked a surge in online brokerage companies and individual stock investing. According to some estimates, individual investors now account for 50% of the Japanese market?s total trading volume. ?Many Japanese households have started to join in the stock market, and a lot of money went into technology stock shares,? says...
...1960s and '70s, millions experimented with drugs during their impressionable teenage years, and millions went on to enter middle age--and are now headed into their senior years--with decades-long addictions. Hard numbers are not easy to come by, but older addicts are clearly a growth sector in the drug-recovery industry. There are an estimated 1.7 million Americans over age 50 addicted to drugs, according to the Substance Abuse and Mental Health Services Administration (SAMHSA), a division of the Department of Health and Human Services. By 2020 SAMHSA expects the number to reach 4.4 million. Already an ongoing...
...Congress nervous. As TIME.com reported last week, Cunningham?the California Republican who pleaded guilty on Nov. 28 to taking $2.4 million in bribes from defense contractors?wore a wire to aid the Justice Department investigation just before his plea. The FBI is still probing defense contractors, and a private-sector source says Cunningham was wired while meeting a rep from at least one firm, possibly to get dirt on other members of Congress. An FBI spokesman wouldn't comment but quoted a higher-up: "Like I'd tell...
Hats off to The Crimson for identifying a very important (and often-neglected) trend in both the private and public sectors today: the convergence of business and public leadership (“HBS Attracts Washington-Bound,” news, Dec. 20). This convergence is critical because many of the most complex and pressing public policy problems and opportunities fall at the intersection of these sectors, and their solution will require cross-sector convergence...
...data confirm the strong desire among business leaders to contribute as public leaders over the course of their careers. Our study also finds that, unfortunately, individuals report having had almost no support in making their transition. Respondents, when they first ventured to cross from leadership in the private sector to leadership in the public sector, felt they had to figure out much on their own. Our research addresses this need, with the goal of identifying the success strategies to ease the transition for future leaders...