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Employment for those under 30 is at its lowest levels since World War II — AP
Jeremy Grantham won’t be hiring them for GMO. “This is no market for young men,” he says. — MarketWatch
Inside the mind of a rogue trader — QFinance
Goldman Sachs will probably report a third-quarter loss — Bloomberg
Kara Swisher called Meg Whitman as HP CEO hours early — AllThingsD
Apple iPhones have an 89% retention rate. No other hardware is above 39% — AppleInsider
Countrywide Financial actively worked to silence its whistleblowers — iWatchNews.org
And Mohammed El-Erian says it’s going to get much worse before it gets better — Bloomberg
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You know, I clicked on the Grantham article, and wondered why I bothered. Did he pay to get this exposure?
Regarding the iPhone retention rate question, that’s not even remotely surprising considering it’s an apples to oranges comparison. To stay on the iOS platform, you have no other choice but to buy another iPhone. To upgrade on Android you have a wealth of different hardware to choose from.
A more useful comparison would be OS retention rate.