Author Archives: Scalper1

Facebook, Social Media Is Where Millennials Get News

Chin Lu, 27, doesn’t read print newspapers. In fact, she says the only time she reads any printed material (including books and magazines) is when she has to get on a plane and is about to lose her Web connection. Nor does she tune in to network news. “I never seek out local TV news, ever. All my media consumption is on the Web, or on the phone,” said Lu, who works as a social media strategist at a marketing agency. She also, by the way, graduated

Eurozone Banks To Chop Jobs In ’16; ‘Star Wars’ Rocks

 Standard Chartered became the third European bank in less than two weeks to announce sweeping job cuts, bringing the total planned reductions to more than 30,000, or almost 1 in 7 positions. The London-based lender said Tuesday that it will eliminate 15,000 jobs, or 17% of its workforce, as soaring bad loans in emerging markets hurt earnings. Deutsche Bank (DB), based in Frankfurt, announced plans last week for 11,000 job cuts, while