Remembering These 4 Words Will Make You Happier: Purpose, Perspective, People, Play

Remembering These 4 Words Will Make You Happier

ERIC BARKERBARKING UP THE WRONG TREE
JAN. 2, 2014, 2:53 PM 20,142 2

There’s an overwhelming amount of happiness research. Forget incorporating it all into your life — merely remembering it is daunting enough. I like to keep it simple: Remember the 4 P’s.

1. Purpose
2. Perspective
3. People
4. Play Read more of this post

8 Subconscious Mistakes Our Brains Make Every Day – And How to Avoid Them

8 SUBCONSCIOUS MISTAKES OUR BRAINS MAKE EVERY DAY–AND HOW TO AVOID THEM

THE “SWIMMER’S BODY ILLUSION,” AND OTHER WAYS OUR BRAINS PLAY TRICKS ON US.

BY BELLE BETH COOPER

Editor’s Note: This is one of the most-read leadership articles of 2013. Click here to see the full list.

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Get ready to have your mind blown. I was seriously shocked at some of these mistakes in thinking that I subconsciously make all the time. Obviously, none of them are huge, life-threatening mistakes, but they are really surprising and avoiding them could help us make more rational, sensible decisions. Read more of this post

What Drives Us to Do the Right Thing? A look at recent brain research on voluntary giving versus avoiding punishment

What Drives Us to Do the Right Thing?

A look at recent brain research on voluntary giving versus avoiding punishment

ROBERT M. SAPOLSKY

Jan. 2, 2014 10:43 a.m. ET

Consider your average preschool, which ends each day with parents picking up their kids. But there’s a problem: A handful of parents are habitually late. The school sends out a note, urging timeliness: “Please be considerate of our wonderful staff who, after a long day of caring for your kids, are tired and want to go home,” etc. Read more of this post

The Best Management Advice From ‘The Art Of War’

The Best Management Advice From ‘The Art Of War’

MAX NISEN

JAN. 3, 2014, 8:30 AM 2,777 2

The Art Of War” is one of the most famous books of all time, said to be written by the legendary Chinese general Sun Tzu around the fifth century B.C. Some of the advice is pretty narrowly focused and dated (for instance, what generals should do when confronted with different types of terrain). But a lot of it is applicable to leadership and management today despite being thousands of years old. We’ve broken out a few of the best pieces of business advice from the timeless classic. Read more of this post

If You Think Innovation Is Dead, Meet the Hydra

If You Think Innovation Is Dead, Meet the Hydra

Is the process of discovery hitting a dead end? Are there ever fewer paradigm-shifting revelations to be had? These questions speak more to the poverty of our imagination than to our grasp of reality. Lately, practitioners of various disciplines have suggested that most of the truly great things have been discovered or invented. Some economists say that we’ve already reaped the “low-hanging fruit” in technological innovation — in sanitation, transport and education, for example — and that future progress won’t be as easy or productive. Some physicists argue that humanity is pushing up against the limits of what can be known. Read more of this post

Overcome the Eight Barriers to Confidence

Overcome the Eight Barriers to Confidence

by Rosabeth Moss Kanter  |   10:00 AM January 3, 2014

To get a more confident You in the new year — or a more confident company, community, family, or team — first know what gets in the way. The best resolutions will go nowhere without the confidence to stick with them. Confidence is an expectation of a positive outcome. It is not a personality trait; it is an assessment of a situation that sparks motivation. If you have confidence, you’re motivated to put in the effort, to invest the time and resources, and to persist in reaching the goal. It’s not confidence itself that produces success; it’s the investment and the effort. Without enough confidence, it’s too easy to give up prematurely or not get started at all. Hopelessness and despair prevent positive action. To muster the confidence to work toward your goals, avoid these eight traps: Read more of this post

Moving with times invigorates a company

Updated: Friday January 3, 2014 MYT 10:04:18 AM

Moving with times invigorates a company

MAKING tau sar pneah pastries in an open kitchen has helped to improve the business of Penang’s Tean Ean Local Products Sdn Bhd by leaps and bounds, and now Tean Ean wants to expand its business riding on the open-kitchen idea to Kuala Lumpur and Johor. Read more of this post

All men are created unequal: Revisiting an old argument about the impact of capitalism

All men are created unequal: Revisiting an old argument about the impact of capitalism

Jan 4th 2014 | From the print edition

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INEQUALITY is one of the most controversial attributes of capitalism. Early in the industrial revolution stagnant wages and concentrated wealth led David Ricardo and Karl Marx to question capitalism’s sustainability. Twentieth-century economists lost interest in distributional issues amid the “Great Compression” that followed the second world war. But a modern surge in inequality has new economists wondering, as Marx and Ricardo did, which forces may be stopping the fruits of capitalism from being more widely distributed. Read more of this post

Caterpillars that blow nicotine at their enemy; hornworm, a species that eats tobacco plants without seeming to be bothered by the nicotine in the leaves; scientists wondered if the hornworm might be weaponising nicotine

Caterpillars that blow nicotine at their enemy

Jan 4th 2014 | From the print edition

THE blue caterpillar in “Alice’s Adventures in Wonderland” had a hookah habit and the white rabbit kept looking at his pocket watch. But whereas rabbits are not obsessed about being late, some caterpillars, it seems, really do have a fondness for blowing nicotine at those who annoy them.

The caterpillar in question is the hornworm, a species that eats tobacco plants without seeming to be bothered by the nicotine in the leaves. Since nicotine can work as a natural insecticide, this has led many to wonder what the caterpillars do with the toxins they consume. One clue is that some caterpillars use toxins they collect as weapons—the eastern tent caterpillar is famous for spitting hydrogen cyanide gathered from the plants it eats at its enemies. A team led by Ian Baldwin at the Max Planck Institute for Chemical Ecology in Jena, Germany, wondered if the hornworm might be weaponising nicotine. Read more of this post

Palestinian Tycoon Munib R. Masri Seeking Peace Brings His Fortune Home

Palestinian Tycoon Seeking Peace Brings His Fortune Home

As Munib R. Masri leads visitors around his domed palace, gray-uniformed servants tend the manicured grounds, a Roman-style amphitheater and a glassed-in winter garden perched atop Mount Gerizim, the biblical Mount of Blessings. Read more of this post

Beanie Baby Billionaire Seeks to Avoid Jail for Tax Crime

Beanie Baby Billionaire Seeks to Avoid Jail for Tax Crime

H. Ty Warner, the billionaire creator of Beanie Baby plush toys, asked a judge to give him probation, not prison, for evading taxes on secret Swiss accounts that held as much as $107 million. Read more of this post

Why SAC Capital’s Steven Cohen Isn’t in Jail

Why SAC Capital’s Steven Cohen Isn’t in Jail

By Sheelah Kolhatkar January 02, 2014

Ten thousand dollars an hour worth of lawyers filed into a courtroom in lower Manhattan on the morning of Nov. 8. The legal team represented Steven Cohen’s hedge fund, SAC Capital Advisors, which had agreed to pay $1.2 billion to settle criminal charges that it had engaged in securities fraud. The hearing was the culmination of a long legal struggle between SAC and the government that has dramatically altered what was once one of Wall Street’s most powerful firms. Eight former or current SAC employees have been charged with insider trading. Six of them have pleaded guilty; one, Mathew Martoma, is due to go on trial on Jan. 6, and another, Michael Steinberg, was convicted on Dec. 18 of insider trading in two technology stocks. Separately, Cohen was charged in a civil case with failing to supervise his employees by the Securities and Exchange Commission, which is seeking to bar him from the securities industry. Cohen’s company is transforming itself into a much smaller operation that manages only Cohen’s money. SAC had fostered an unprecedented “culture of corporate corruption,” U.S. Attorney Preet Bharara said when the criminal charges against the company were first unveiled. Read more of this post

Murder and slavery in Brazil: Dr Warne and the cockroaches; How an unsolved murder in 1888 played a part in bringing about the end of slavery

Murder and slavery in Brazil: Dr Warne and the cockroaches; How an unsolved murder in 1888 played a part in bringing about the end of slavery

Dec 21st 2013 | From the print edition

IT WAS half-past three in the morning when the police commissioner heard the crowd approaching. He got out of bed. His wife sent a child out to get help but it was too late. They kicked his door in. He jumped from an upstairs window towards the safety of a neighbouring house but missed his footing and fell. A gang of 200 men in the street below seized him and beat him with clubs while his wife hid inside, cowering in an oven. Read more of this post

How To Reduce Mistakes In Investing? Use A Powerful Checklist

How To Reduce Mistakes In Investing? Use A Powerful Checklist

by Guest PostJanuary 2, 2014

By Pope Brar

Pope Brar’s checklist for investing looks like a powerful tool for reducing mistakes.  In it, he extensively covers a long checklist, pointing out places where people often make mistakes.  We cover the entire list here, including an introduction that lays out how to use the checklist, as well as putting it in a historical context.  The full text is below: Read more of this post

Researchers and drug companies are ganging up for a new push against cancer

Researchers and drug companies are ganging up for a new push against cancer

Jan 4th 2014 | From the print edition

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“THERE is no treatment.” This is the conclusion of an Egyptian papyrus, written around 3000BC, that is the oldest known description of the scourge that is now called “cancer”. And so, more or less, it remained until the 20th century, for merely excising a tumour by surgery rarely eliminates it. Only when doctors worked out how to back up the surgeon’s knife with drugs and radiation did cancer begin to succumb to treatment—albeit, to start with, in a pretty crude fashion. Read more of this post

Make Those Cows Pay for Their Penicillin; America’s animals take more drugs than its people do. About 80 percent of the 51 tons of antibiotics consumed each day in the U.S. are used in agriculture and aquaculture

Make Those Cows Pay for Their Penicillin

America’s animals take more drugs than its people do. About 80 percent of the 51 tons of antibiotics consumed each day in the U.S. are used in agriculture and aquaculture. Read more of this post

FDA Crackdown on Antibiotics Relies on Unproven Steps

FDA Crackdown on Antibiotics Relies on Unproven Steps

A delegation of public-health advocates filed into the suburban Chicago headquarters of McDonald (MCD)’s Corp. last January to deliver a tough message: A decade after the fast-food giant’s groundbreaking promise to reduce medically important antibiotics fed to the animals it buys, the policy had glaring loopholes and questionable impact. Read more of this post

Diabetes in Latin America: Unskinny genes; New research suggests a genetic susceptibility to the disease

Diabetes in Latin America: Unskinny genes; New research suggests a genetic susceptibility to the disease

Jan 4th 2014 | From the print edition

IF STRAINING waistlines were still a sign of prosperity, Mexicans would be rich. These days, girth is more likely to signal sickness. Diabetes is a particular scourge. The type-2 (or late-onset) variety, which is linked to obesity, is thought to afflict 11m Mexicans. It kills 73,000 of them a year, seven times as many as organised crime. Read more of this post

Why Chinese Investors are Willing to Take Bold Bet on the Money Burning Taxi App Business?

Why Chinese Investors are Willing to Take Bold Bet on the Money Burning Taxi App Business?

By Emma Lee on January 3, 2014

Taxi-booking apps experienced booming development in the past year. Investors are still bullish on the taxi app market and continue to invest heavily in the sector, despite the facts that the sprawling growth of the industry is highly dependent on capital injections and none of the leading companies generate any profit so far. Read more of this post

Tencent tips in $100 million funding round for China’s leading taxi-hailing app – is WeChat integration next?

Tencent tips in $100 million funding round for China’s leading taxi-hailing app – is WeChat integration next?

January 2, 2014

by Josh Horwitz

Chinese taxi booking app Didi Dache has started off the new year with a bang, receiving a fresh round of $100 million in funding, according to Tencent TechCitic PE is leading the series C funding round with a contribution of $60 million, while tech giant Tencent (HKG: 0700) follows with an investment of $30 million. In May 2013, Tencent gave $15 million in funding to the company. Read more of this post

New rules to protect small China investors

New rules to protect small China investors

Friday, Jan 03, 2014

Esther Teo

The Straits Times

Mr Feng Jianjun has been dabbling in the Chinese stock market for more than 10 years and has been racking up losses. He blames this not on his bad luck or poor judgment but on the inadequate protection given to retail investors like him. Read more of this post

China’s Urban Nightmare: Gridlock

China’s Urban Nightmare: Gridlock

COLUM MURPHY

Jan. 2, 2014 8:23 p.m. ET

WUHAN, China—To understand true gridlock—and a huge challenge for China’s leaders as they try to move residents from the countryside into cities—take a look at Wuhan. Read more of this post

China’s Runaway Train Is Running Out of Track

China’s Runaway Train Is Running Out of Track

A financial drama is unfolding in China as the new year begins. Last week, for the second time in six months, interest rates in the critical interbank lending market spiked above 10 percent, prompting fears of a liquidity crisis that would trigger mass defaults and cripple the world’s second-largest economy.  Read more of this post

China to Let Local Governments Offer New Bonds to Help Repay Debt; Statement Suggests Regulators Are Backing Off From Vows to Hold Local Debt in Check

China to Let Local Governments Offer New Bonds to Help Repay Debt

Statement Suggests Regulators Are Backing Off From Vows to Hold Local Debt in Check

Updated Jan. 2, 2014 12:08 p.m. ET

BEIJING—China’s state planning agency says it will give local governments more leeway to issue bonds in order to repay maturing debt. Companies set up by local governments, often called local government financing vehicles, can issue new bonds to help repay maturing debt on time and ensure that work continues smoothly on existing infrastructure projects, the National Development and Reform Commission said. Read more of this post

China Hepatitis B Producers Halt Production, Xinhua Weibo Says

China Hepatitis B Producers Halt Production, Xinhua Weibo Says

Three Chinese drug producers that make about 80 percent of the nation’s hepatitis B vaccines halted output because they don’t meet new production quality requirements, Xinhua News Agency said on its microblog. Read more of this post

Animal Antibiotics: FDA Rules Criticized as Weak as McDonald’s

Animal Antibiotics: FDA Rules Criticized as Weak as McDonald’s

By Ben Elgin and Andrew Martin January 02, 2014

A delegation of public-health advocates filed into the suburban Chicago headquarters of McDonald’s (MCD) last January to deliver a tough message: A decade after the fast-food giant’s groundbreaking promise to reduce medically important antibiotics fed to the animals it buys, the policy had glaring loopholes and was having a questionable impact. Read more of this post

How India’s economic history makes it a hotbed for steroids

How India’s economic history makes it a hotbed for steroids

By Tim Fernholz @timfernholz an hour ago

India has the highest number of athletes suspended after testing positive for steroids and other performance-enhancing drugs since 2009, followed by Russia, the New York Times reports. Read more of this post

India Appeals to Companies to Fund Water Pipes, Toilets

India Appeals to Companies to Fund Water Pipes, Toilets

India, where about 37 million people are made ill by water-borne diseases each year, some fatally, is courting corporate aid to finance and build water pipelines and toilets to help improve rural health conditions. Read more of this post

India Leader Singh to Step Down After Vote as Gandhi Rises

India Leader Singh to Step Down After Vote as Gandhi Rises

Indian Prime Minister Manmohan Singh signaled younger party leader Rahul Gandhi should replace him while saying he’ll step aside after elections due by May, ending a decade in power with Asia’s third-biggest economy in a slump. Read more of this post

India’s $960 Million Drinking Water Project Gets World Bank Aid

India’s $960 Million Drinking Water Project Gets World Bank Aid

The World Bank is helping offset almost half of the costs of a $960 million drinking-water project to bring piped supplies to rural residents of four low-income states in India, the government said today. Women and children will benefit in particular from the project in the states of Assam, Bihar, Jharkhand and Uttar Pradesh “as they currently bear most of the burden of securing daily water supplies,” India’s Cabinet Committee on Economic Affairs said in a statement. The 12th five-year plan for rural water supplies envisions raising piped water coverage to 50 percent of India’s non-urban population with 30 percent of the rural residents having household tap connections. The national and state governments will supply almost all of the remaining project costs. The government of India will repay the $500 million extended as credit by the World Bank over a 25-year period, it said.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

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