10-19-2016, 11:00 PM
Americans are addicted to their jobs. U.S. workers not only put in more hours than workers do almost anywhere else. They’re also increasingly retiring later and taking fewer vacation days. A new study tries to measure precisely how much more Americans work than Europeans do overall. The answer: The average person in Europe works 19 percent less than the average person in the U.S. That’s about 258 fewer hours per year, or about an hour less each weekday. Another way to look at it: U.S. workers put in almost 25 percent more hours than Europeans. Hours worked vary a lot by country, according to the unpublished working paper (PDF) by economists Alexander Bick of Arizona State University, Bettina Bruggemann of McMaster University in Ontario, and Nicola Fuchs-Schundeln of Goethe University Frankfurt. Swiss work habits are most similar to Americans', while Italians are the least likely to be at work, putting in 29 percent fewer hours per year than Americans do.
Americans Work 25% More Than Europeans, Study Finds - Bloomberg
As noted in last week's column, "When [the leaders] begin breaking down on volume, that will send a message that will speak unlike all of the personal opinions, predictions, and crystal balls in the world. The message will be that the speculative sentiment is warped, if not broken." The market is not there yet. In a number of cases, the speculative-growth-stock glamours have put in a couple of distribution days (centered selling). But so far this is not exactly the sort of heavy-volume, wide-range sessions that would signify a material break in the speculative sentiment.
If you want to know which way the market is heading, follow the leaders - MarketWatch
Sensirion, Swiss specialists in environmental sensing, and Clarity, provider of air quality monitoring and management services, are collaborating on PM2.5 (particulate matter at 2.5 microns) sensing technology. Under the agreement, Clarity has licensed the exclusive rights to the development, production and distribution of its optical PM2.5 sensor technology. Clarity’s technology fills the gap in the environmental sensor market for affordable, portable and reliable PM2.5 sensors, and complements Sensirion’s environmental sensing platform. The lightweight sensor is small enough to collect data on PM2.5 and PM10 unobtrusively, providing the same accuracy levels as industrial particulate matter monitors but at a factor 1000 lower cost and 100 th of the size.
Air quality sensor collaboration to focus on fine particulate technology | Smart2.0
Valeant Pharmaceuticals has announced that it will increase prices for much of its drug product line, contrary to what company executives told legislators in Congressional hearings earlier this year.
Valeant issues statement on price increases - Business Insider
More than 15,000 people have applied for just 78 jobs driving Britain’s newest intercity expresses, according to Richard Branson’s Virgin Trains, which is seeking to fill the posts.
Brits Still in Love With Trains as 15,000 Chase 78 Driver Jobs - Bloomberg