Happy Friday, Monkeys. Seeing as Eddie is out, I'm here to deliver you a fresh dose of Stub-Bonus Bananas. I've got some good stuff for you to digest, including a great site that lets you see how the Fiscal Cliff will affect your personal tax situation.
Without further ado, here are some links to help get you through your Friday morning...
Will Your Paycheck Fall off the Fiscal Cliff? (Paycheck City) - A great visual tool that clearly explains how someone's personal tax situation will look in a post-Fiscal Cliff world. Not necessarily an easy pill to swallow if you're on the far-end of the spectrum.
J.C.Penny Could be Headed for a Cash Crisis (Business Insider) - I've covered JCP's ongoing "turnaround" before, but it looks as though I might've gone too easy on them. Could it really be headed for financial ruin? CEO Ron Johnson's turnaround plan might turn into a self-imposed race against time.
(DealBook) - In its ongoing quest to diversify its product offerings, has agreed to acquire high-end tea company Teavana for $620 million in cash. With a $40 billion a year market growing by double digits annually, the tea industry is big business.to Buy Teavana
The Man behind Windows 7 and 8 Departs Microsoft (Wall Street Journal) - Steven Sinofsky, the head of Microsoft's Windows division abruptly resigned this week. He is leaving the company just three weeks after the release of Windows 8 and the Surface tablet. While he was a divisive figure within the firm, he did save ' ass after the Vista flop. It should be interesting to see what his next move is.
This is Generation Flux (Fast Company) - An interesting, if a bit overdramatic, look at the disruptive nature of technology companies and the increasingly chaotic world that they compete in. A great read for anyone with an interest in tech, especially if you want a better understanding of how today's tech companies are disrupting the enterprise market.
Jack Dorsey: Leadership Secrets of Twitter and Square (Forbes) - Jack Dorsey, the 35 year old wunderkind behind Twitter and Square, shares his insights into building industry-changing companies. He's definitely an odd-ball, but it's tough to argue with his track record. As someone who recently gave in and started using Twitter, you can count me as one of his fans.
Mapping America's Underwater Homeowners (Business Insider) - A stark reminder that many in America are still tied down by underwater mortgages. In my view, this is one of the major causes for our prolonged recession. The mobility typically associated with our job market was absolutely devastated by the popping of the housing bubble as people simply cannot afford to move to where the work is. Recent data shows that things may be improving, however. We can only hope...
Video Clip of the Week - SNL Spoofs Homeland
I normally don't care for Saturday Night Live, but this skit is pretty spot on. The guy playing Brody has his voice down pat.
Enjoy the weekend.