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Innovation: Kite Mosquito Patch renders a person invisible to mosquitoes for up to 48 hours

Innovation: Kite Mosquito Patch

By Olga Kharif August 29, 2013

Innovators: Michelle Brown, Anandasankar Ray
Ages: 41, 39
Brown is chief scientist and Ray co-founder of Riverside (Calif.)-based Olfactor Laboratories.
Form and function: Kite Mosquito Patch, a nontoxic 1.5-inch-square sticker, renders a person invisible to mosquitoes for up to 48 hours.

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Michael Kors: How Did I Get Here?

Michael Kors: How Did I Get Here?

August 29, 2013

The fashion designer on his first trunk show, joining Project Runway, and other high points of his career.

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Ways to Fend Off The Wealth-Sapping Costs of a Disability

Ways to Fend Off The Wealth-Sapping Costs of a Disability

Lynn Francis was worried when her 81-year-old mother Joann started forgetting things a few years ago. Her fear turned to panic as her mother began inviting strangers into her house and giving away bank account information to just about anyone on the other end of the phone. Joann has become increasingly reclusive, afraid even to leave her house to go to the supermarket lest she forget how to find her way back. Lynn, who lives four hours away in Beaverton, Oregon, now takes turns with her sister buying her mother groceries. “Living alone has really become a safety issue for her,” says the 58-year-old yoga instructor. She’s trying to convince her mother to move into an assisted living facility. Read more of this post

Noonan: Work and the American Character; We need political leaders who can speak to the current national unease. Really good politicians don’t try to read the public, they are the public

August 29, 2013, 6:16 p.m. ET

Noonan: Work and the American Character

We need political leaders who can speak to the current national unease.

PEGGY NOONAN

Two small points on an end-of-summer weekend. One is connected to Labor Day and the meaning of work. It grows out of an observation Mike Huckabee made on his Fox show a few weeks ago. He said that we see joblessness as an economic fact, we talk about the financial implications of widespread high unemployment, and that isn’t wrong but it misses the central point. Joblessness is a personal crisis because work is a spiritual event. Read more of this post

“It is psychologically extremely difficult to attribute something to luck,” Michael Mauboussin

Michael Mauboussin, Interview No. 4

by SHANE PARRISH on AUGUST 28, 2013

Michael Mauboussin is the author of numerous books, including More Than You Know: Finding Financial Wisdom in Unconventional PlacesThink Twice: Harnessing the Power of Counterintuition, and most recently The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing (a book that found its way to Warren Buffett’s desk.)

While Michael is well known in investment circles for his knowledge of biases and clarity of thinking, a lot of others are missing out on his insight. In his latest book he takes a look at how both skill and luck play a role — they are, on a continuum. For instance, he believes that basketball is 12% luck whereas hockey is 53% luck. Skill still plays a certain role but talent might mean more in certain places. I was fortunate to have an opportunity to interview Michael over email. In this wide-ranging interview we talk about what advice he’d offer his younger self today, the definition of luck, decision journals, and how organizations can improve their decisions and more. Let’s get started. Read more of this post

Did life on Earth start on Mars? A scientist lays out the evidence

Did life on Earth start on Mars? A scientist lays out the evidence

By Deborah Netburn

August 29, 2013, 7:09 p.m.

Did life as we know it start on Mars? Are we all Martians? These are the questions some serious scientists are considering. Speaking at an international conference of geochemists, chemist Steven Benner of the Westheimer Institute of Science and Technology argued Thursday that early Mars provided a more hospitable environment for life to spring up than early Earth. “The evidence seems to be building that we are actually Martians; that life started on Mars and came to Earth on a rock,” he said in a statement. Read more of this post

The Brazilian Billionaire Who Controls Your Beer, Your Condiments, and Your Whopper

The Brazilian Billionaire Who Controls Your Beer, Your Condiments, and Your Whopper

By Alex Cuadros August 29, 2013

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After they sold H.J. Heinz to Warren Buffett and a bunch of Brazilians in June, the ketchup manufacturer’s outgoing board of directors met for dinner at Pittsburgh’s Duquesne Club to congratulate themselves on a job well done. Twenty-three billion dollars had just changed hands. The takeover price, at $72.50 a share, was almost 20 percent higher than the company’s recent all-time high. “We said we’re all going to miss each other, but we felt we had done right by the shareholders,” says Dean O’Hare, who’d sat on the board since 2000. Heinz is an institution in Pittsburgh—the Steelers play at Heinz Field, locals of means like to get married at Heinz Memorial Chapel—and Buffett’s presence allayed fears that the 144-year-old company would be dismantled. “Seeing the name on the letter was very important to us,” O’Hare says.

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