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Trump's choice Jerome Powell approved as Federal Reserve head
The Senate backs the president's choice, Jerome Powell, for the world's most powerful economics job.


Stripe to ditch Bitcoin payment support
Volatility, high fees and longer transactions mean the payments firm will dump the cryptocurrency.


Ikea boss says it pays fair share of tax
The head of Ikea Group says the flatpack furniture retailer paid 25% tax last year.


Tesla: Elon Musk links long-term pay to company's growth
The founder of the electric carmaker will only be paid if Tesla's market value hits certain targets.


Kleenex-maker Kimberly-Clark to cut at least 5,000 jobs
US company Kimberly-Clark also plans to close or sell 10 manufacturing plants



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The Durability of Inflation Derp
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Buy the Book


The 10 Laws of Trust: Building the Bonds That Make a Business Great

by Joel Peterson

Published by AMACOM


Trust is the glue that holds an organization together. It turns deflection into transparency, suspicion into empowerment, and conflict into creativity. With it, a tiny company like John Deere grew into a worldwide leader. Without it, a giant corporation like Enron toppled. In The 10 Laws of Trust, JetBlue chairman Joel Peterson explores how a culture of trust gives companies an edge. Consider this: What does it feel like to work for a firm where leaders and colleagues trust one another? Freed from micromanagement and rivalry, every employee contributes his or her best. Risk taking and innovation become the norm. And, as Peterson notes, "When a company has a reputation for fair dealing, its costs drop: Trust cuts the time spent second-guessing and lawyering." In clear, engaging prose, highlighted by compelling examples, Peterson details how to establish and maintain a culture of trust. Steps include:

  • Start with integrity
  • Invest in respect
  • Empower everyone
  • Require accountability
  • Create a winning vision
  • Keep everyone informed
  • Budget in line with expectations
  • Embrace conflict
  • Forget "you" to become an effective leader
  • And more

With this book in hand, you'll be able to plant the seeds of trust—and reap the rewards of reputation, profits, and success.


pub date: 2016-05-10 | Hardcover | 9780814437452