Month: August 2015

Warren Buffett’s Berkshire Hathaway bets Americans still thirsty for gasoline with US$4.5-billion Phillips 66 stake

Warren Buffett’s Berkshire Hathaway Inc. sees a green light at the intersection of low oil prices and record driving. In its most significant energy investment in two years, Berkshire has amassed a US$4.5 billion stake in Phillips 66, making it the biggest shareholder in the largest U.S. oil refiner. Berkshire owns almost 58 million shares…

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7 Interview Questions to Help You Assess Emotional Intelligence

“Look for a team player who brings something positive to the company”

Emotional intelligence is the ability to recognize one’s own and other people’s emotions, to discriminate between different feelings and label them appropriately, and to use emotional information to guide thinking and behavior.

TIME

Determining who you hire for a job plays a big part in forming your company’s culture and ensuring its future success. Selecting informative interview questions can be a key factor in finding the right employees — as well as weeding out the ones that won’t fit. A candidate’s answers can be telling.

While different companies embody various values and cultures, success in the workplace is strongly influenced by a person’s emotional intelligence, a quality that should be a non-negotiable when vetting job candidates, says Mariah DeLeon, vice-president of people at workplace ratings and review site Glassdoor.

Here are seven interview questions that can draw revealing answers from the job candidates you interview — and get you on your way to finding employees with stellar emotional intelligence.

1. Who inspires you and why?

The job candidate’s answer often gives the interviewer a peek into who the interviewee models…

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Greece’s new bailout, and J.C. Penney sales — 5 things to know today

Fortune

Hello friends and Fortune readers.

Wall Street stock futures are looking lower Friday following news that Greece’s parliament has approved a third bailout for the country after an all-night session, but said it still must be approved by fellow euro zone countries that have problems trusting Athens.

Today’s must-read story is from Fortune‘s Leigh Gallagher and it features an exclusive interview with Maren Kate Donovan, founder and CEO of virtual assistant startup Zirtual, who talked about flawed financial projections and what caused her company to lay off 400 people earlier this week before announcing that Zirtual will be acquired by Startups.co.

Here’s what else you need to know to start your day.

1. Greece’s new bailout

Greece’s parliament voted to approve a new bailout for the country after lawmakers bickered through the night, leaving Prime Minister Alexis Tsipras confronting a widening rebellion within his leftist party. It’s the country’s…

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University of Phoenix is the latest college under investigation

“The University of Phoenix is struggling to keep enrollment up. It has lost about half of its students over the past five years and has fired 900 employees since September 2014 and stock is down by 60%.”

FOX6Now.com

NEW YORK — The University of Phoenix, one of the largest non-profit colleges still operating, is the next one the government is going after for allegedly deceptive practices.

The struggling school is now facing a probe from the Federal Trade Commission. The agency is looking into whether the school engaged in deceptive marketing tactics, its parent company, Apollo Education Group, said Wednesday.

The company must hand over documents regarding matters that include ts marketing, tuition, billing, accreditation, and military recruitment practices going back as far as 2011. Apollo said it would cooperate fully with the FTC.

Apollo declined to comment to CNNMoney and cited their response in the legal filing which stated, Apollo is evaluating the demand and intends to cooperate fully with the FTC.”

The probe comes as the federal government is cracking down on for-profit colleges, which have long been criticized for leaving students with loads of…

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Tips: Managing money should be taught at a very early age

FOX6Now.com

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MILWAUKEE (WITI) — As adults, we know it’s important to save money. But that mentality is also something we should be getting to our kids too. Emily Holbrook from Northwestern Mutual joined the Studio A team to talk about money management for pint-sized investors.

Check out these important links:

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