Gozilla returns: With a U.S. reboot scheduled to be released worldwide this summer, we examine the shifting views of the terrifying monster over time

Gozilla returns

BY JUN HONGO

STAFF WRITER

JAN 11, 2014

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Monster on the loose: Godzilla destroyed much of Tokyo during its rampage through the capital in the original 1954 movie. | KYODO

Despite being an expert on contemporary literature as well as 20th-century Russian literary criticism, Waseda University professor Toshio Takahashi also teaches a course on the symbolism of monsters, or — more specifically — the ways in which monsters are cognitive figures that reflect the real world. Read more of this post

Have you got a head for figures? ‘Ask an American to recite a phone number, and he will usually do it in three ‘chunks’ – that is how convention presents it’

January 10, 2014 12:15 pm

Have you got a head for figures?

By Gillian Tett

‘Ask an American to recite a phone number, and he will usually do it in three ‘chunks’ – that is how convention presents it’

In recent days, I have been obsessively staring at telephone numbers. That is partly because I have just moved house and am flicking through my contacts list to send out change-of-address notes. But there is a second reason too: I have just stumbled on a fascinating little paper written by a Princeton cognitive psychologist called George Miller on the topic of “chunking”. And while this piece of research is half a century old, it has a curious relevance today – particularly in relation to those telephone numbers which are now so unthinkingly woven into the fabric of our 21st-century lives. Read more of this post

The kindness of strangers: External mentors are rare but they can offer insights not provided by internal schemes

January 8, 2014 3:37 pm

The kindness of strangers

By Elaine Moore

Jan du Plessis, chairman of Rio Tinto, keeps a statue of a bucking horse in his London office to remind him that decisions do not always go to plan.

The small bronze figure is an apt symbol for the mining industry right now. The slowdown in China’s economy has hit commodity prices and Rio Tinto has undergone big changes including significant cost cuts. Read more of this post

Culture’s Critical Role in Change Management

Culture’s Critical Role in Change Management

Posted: December 5, 2013

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DeAnne Aguirre is a senior partner with Booz & Company based in San Francisco. Rutger von Post is a partner with Booz & Company based in New York and is head of the Katzenbach Center in North America. Culture’s reputation as being among the “softer” instruments of management might lead you to conclude that it’s a luxury—something that gets attention in buzz-conscious Silicon Valley but occupies more of a background position everywhere else.

Read more of this post

Inheritance should not be an alternative to hard work

January 7, 2014 7:16 pm

Inheritance should not be an alternative to hard work

By Robin Harding

In a world with more inherited riches, it makes no sense to cut estate taxes, says Robin Harding

The aspiring young law student Rastignac has his choice set out for him with brutal simplicity in Balzac’s 1835 novel Father Goriot. He can work: “There’s a nice prospect for you! Ten years of drudgery straight away.” Or he can do otherwise: “There is but one way, marry a woman who has money.” Read more of this post

Can Singapore cultivate resilience in face of change?

Can Singapore cultivate resilience in face of change?

What makes Singapore unique? That was the question posed to a group of young professionals some years ago at a community dialogue I attended.

BY LEONG CHAN-HOONG –

14 HOURS 16 MIN AGO

What makes Singapore unique? That was the question posed to a group of young professionals some years ago at a community dialogue I attended. Read more of this post

How the College Bubble Will Pop; In 1970, less than 1% of taxi drivers had college degrees. Four decades later, more than 15% do

Richard Vedder and Christopher Denhart: How the College Bubble Will Pop

In 1970, less than 1% of taxi drivers had college degrees. Four decades later, more than 15% do.

RICHARD VEDDER And CHRISTOPHER DENHART

Jan. 8, 2014 6:38 p.m. ET

The American political class has long held that higher education is vital to individual and national success. The Obama administration has dubbed college “the ticket to the middle class,” and political leaders from Education Secretary Arne Duncan to Federal Reserve Chairman Ben Bernanke have hailed higher education as the best way to improve economic opportunity. Parents and high-school guidance counselors tend to agree. Read more of this post

Unemployed Law Grad Found A Novel Way To Start Paying Off $100,000 In Debt; “I just smile and say there is nothing better than owning your own business.”

Unemployed Law Grad Found A Novel Way To Start Paying Off $100,000 In Debt

ERIN FUCHS

JAN. 8, 2014, 9:38 AM 28,540 47

Our stories on the plight of underemployed law grads have prompted a huge response from readers — including one who never found an attorney job but did okay for herself anyway. Read more of this post

Here’s The Fascinating Origin Of Almost Every Jewish Last Name

Here’s The Fascinating Origin Of Almost Every Jewish Last Name

BENNETT MURASKINSLATE
JAN. 8, 2014, 3:35 PM 146,971 44

Ashkenazic Jews were among the last Europeans to take family names. Some German-speaking Jews took last names as early as the 17th century, but the overwhelming majority of Jews lived in Eastern Europe and did not take last names until compelled to do so. The process began in the Austro-Hungarian Empire in 1787 and ended in Czarist Russia in 1844. Read more of this post

Economic downturns fuel sad books, claims study; Authors tend to write books containing sad words around 10 years after an economic downturn, according to a new ‘literary misery index’

Economic downturns fuel sad books, claims study

Authors tend to write books containing sad words around 10 years after an economic downturn, according to a new ‘literary misery index’

Philip Larkin, Samuel Beckett and Thomas Hardy all wrote about the bleak side of life Photo: Rex Features/Getty Images

By Telegraph reporter

10:01PM GMT 08 Jan 2014

Authors tend to write more miserable books about 10 years after an economic downturn, a study has claimed. Researchers compared the number of times certain words appeared in more than five million books to certain periods in American and British history. They found that the frequency of words expressing sadness reflected the economic conditions in the 10 years before a book was written. Read more of this post

Iceland founder Malcolm Walker, 67, says his lifelong determination to succeed has created 25,000 jobs and £600m in tax receipts

Iceland founder Malcolm Walker: ‘Why should I say sorry for my riches?’

Fame & Fortune: Iceland founder Malcolm Walker, 67, says his lifelong determination to succeed has created 25,000 jobs and £600m in tax receipts

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Malcolm Walker started his first shop with a friend while they were still working for Woolworths

By Angela Wintle

6:49AM GMT 05 Jan 2014

How did your childhood experience influence your attitude to money?

I grew up in a mining village in the West Riding of Yorkshire. Dad was a colliery electrician but also ran a smallholding growing vegetables and keeping poultry. Read more of this post

John Taylor Vows Return to Currency Management After Bankruptcy of FX Concepts, Once the World’s Biggest Currency Fund

John Taylor Vows Return to Currency Management After Bankruptcy

John Taylor, the founder of what was once the world’s biggest currency hedge fund, said he plans re-enter the foreign-exchange asset-management business again one day in the wake of the bankruptcy of FX Concepts LLC. Read more of this post

Calpers CIO Dear Is Taking Leave to Continue Health Treatments

Calpers CIO Dear Is Taking Leave to Continue Health Treatments

Joseph Dear, chief investment officer of California Public Employees’ Retirement System, the largest U.S. public pension plan, is taking leave to continue personal health treatments. Read more of this post

Zong Qinghou, The Billionaire Who Lives on $20 a Day

Zong Qinghou, The Billionaire Who Lives on $20 a Day

Posted by JobStreet.com Singapore on Jan 10, 2014 in Talent of the Month | Comments Off

“For a long time, I couldn’t even afford food and clothing. I climbed from the very bottom of the society.” –Zong Qinghou

But Zong doesn’t look like your average multi-billion dollar CEO. He wears average clothes, eats tofu and pickled vegetables for lunch with his employees in the staff canteen and lives off of $20 a day. His hard work and meticulousness are also praised by his employees and business partners. It’s no wonder he has grown his business from a small shop serving school children to a successful empire that continues to grow.Zong Qinghou is the Founder and CEO of Hangzhou Wahaha Group.  The most impressive thing about Zong is his humble beginnings, focused mindset and simple lifestyle. Zong went from selling soda and popsicles to schoolchildren to owning 15% of China’s soft drinks market and becoming the wealthiest man in mainland China. Read more of this post

Arrow Electronics CFO: Integration Is Key to Success

January 10, 2014, 1:06 AM ET

Arrow Electronics CFO: Integration Is Key to Success

By Paul Reilly, Executive Vice President, Finance & Operations, and CFO, Arrow Electronics

In the 100-plus acquisitions I’ve been involved in at Arrow since 1991, successful integration is a critical difference between success and failure, between accretive to earnings and goodwill writedowns. Read more of this post

Big businesses are teaching staffers to recognize that ‘unconscious bias’—or an implicit preference for certain groups—often influences important workplace decisions

Bringing Hidden Biases Into the Light

Big Businesses Teach Staffers How ‘Unconscious Bias’ Impacts Decisions

JOANN S. LUBLIN

Updated Jan. 9, 2014 8:20 p.m. ET

ARLINGTON, Va.—Everyone has hidden biases. For Denise Russell Fleming, a vice president at BAE Systems Inc., they include overlooking quieter colleagues during meetings. “I may have not made the best decisions” because of inadequate input from introverts, she says, adding that she tends to favor more talkative personalities. Read more of this post

Fast-Paced Best Seller: Author Russell Blake Thrives on Volumes; With 25 Books in 30 Months, Self-Published Writer Plots Success

Fast-Paced Best Seller: Author Russell Blake Thrives on Volumes

With 25 Books in 30 Months, Self-Published Writer Plots Success

ALEXANDRA ALTER

Updated Jan. 7, 2014 10:34 p.m. ET

Yoon Kimn wishes Russell Blake wouldn’t write so much.

Ms. Kimn, a 46-year-old IT consultant who lives in Coram, N.Y., is addicted to Mr. Blake’s fast-paced mysteries and conspiracy thrillers. In the past two years, she has torn through all 25 of his books. But it is hard to keep up. Mr. Blake has been publishing a new novel roughly every five weeks. In December, he released two new books: a hard-boiled noir detective novel starring a struggling Hollywood private investigator, and a thriller about an ex-Mossad agent on the run. Read more of this post

Samsui women derive their name from the place of their origin, the Sam Sui county in Guangdong province in southern China

Many stayed single to seek fortunes here

Tuesday, January 7, 2014 – 06:30

The New Paper

SINGAPORE – Samsui women derive their name from the place of their origin, the Sam Sui county in Guangdong province in southern China.

They came to Singapore in the 1930s to 1980s, and typically wore a hat, folded from bright red cloth, as they performed construction-related tasks at sites to earn a living. Read more of this post

Chicago Colder Than South Pole as Frigid Air Clamps Down

Chicago Colder Than South Pole as Frigid Air Clamps Down

Frigid air clamped down on much of the U.S., giving Chicago a morning temperature lower than the South Pole and breaking records across the country as road, rail and air transportation snarled. Read more of this post

Why Is It So Cold? The Polar Vortex, Explained

Why Is It So Cold? The Polar Vortex, Explained

“Polar vortex” has taken an uncontested lead in the competition for buzzword of 2014. It’s brought Arctic chill to the continental United States, disrupted industries and cities, and most, curiously, turned Donald Trump into a climate realist. Sort of.

[imgviz url:https://twitter.com/realDonaldTrump/statuses/418542137899491328 image_id:ikaONDSBXVvI]

Here’s a thought. What if Trump is right? An alternative, charitable reading of the tweet reveals Trump to be an impassioned climate change policy advocate with up-to-date knowledge of peer-reviewed science as it relates to our current cryogenic state. Read more of this post

Characteristics of Value Stocks and Value Traps

Characteristics of Value Stocks and Value Traps

by Jae JunJanuary 10, 2014

Can we Boil Down Value Traps Into a Number of Characteristics? Vitaliy Katsenelson, author of Active Value Investing, and creator of the Katsenelson Absolute PE valuation model, hosts a conference called VALUEx. In June, Jim Chanos, legendary short seller, gave a presentation on the topic of value stocks and value traps which I wanted to highlight.

Value Stocks: Definitive Traits

Predictable, consistent cash flow

Defensive and/or defensible business

Not dependent on superior management

Low/reasonable valuation

Margin of safety using many metrics

Reliable, transparent financial statements Read more of this post

Yergin: The Global Impact of US Shale

DANIEL YERGIN

JAN 8, 2014

The Global Impact of US Shale

WASHINGTON, DC – The biggest innovation in energy so far this century has been the development of shale gas and the associated resource known as “tight oil.” Shale energy ranks at the top not only because of its abundance in the United States, but also because of its profound global impact – as events in 2014 will continue to demonstrate. Read more of this post

The billionaire founder of Ineos says the shale revolution is making the U.S. a world-beater again. It would be ‘unbeatable’ with a lower corporate tax rate

Why This European Is Bullish on America

The billionaire founder of Ineos says the shale revolution is making the U.S. a world-beater again. It would be ‘unbeatable’ with a lower corporate tax rate.

BRIAN M. CARNEYJim Ratcliffe By

Jan. 10, 2014 6:28 p.m. ET

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America’s energy boom is spurring a new British invasion, this one headed by Jim Ratcliffe, chairman and CEO of Ineos Group Holdings, the multinational petrochemical giant he founded in 1998. “The United States from our point of view,” Mr. Ratcliffe says, “presents lots of opportunities for investment and growth.” Read more of this post

Calls to Drop 1970s-Era U.S. Oil Export Ban Stir Fight

Calls to Drop 1970s-Era U.S. Oil Export Ban Stir Fight

Almost four decades after the Arab oil embargo, political leaders are beginning to contemplate what was once unthinkable: lifting restrictions on the export of U.S. crude oil. Read more of this post

Do Online Grocers Beat Supermarkets?

Do Online Grocers Beat Supermarkets?

A Six-City Buyer’s Test Involving 14 Basic Items

GEOFFREY A. FOWLER

Jan. 7, 2014 7:23 p.m. ET

The idea of buying groceries online has been around as long as the Internet, but who would ever do it? Limited selection, high cost and inconvenient delivery timing has kept it a niche business in mostly urban areas. Read more of this post

At Wal-Mart, moving the needle on e-commerce

At Wal-Mart, moving the needle on e-commerce

By Jessi Hempel, writer January 7, 2014: 1:57 PM ET

The retailer’s global e-commerce chief, Neil Ashe, sits down with Fortune‘s Adam Lashinsky in Las Vegas to talk struggles and strategy.

FORTUNE — Amazon (AMZN) is the undisputed master of online retail. Wal-Mart (WMT) is a superstore juggernaut. For years, the two companies existed in relative isolation, an either/or proposition for shoppers. Read more of this post

The rise and rise of Domino’s Pizza

The rise and rise of Domino’s Pizza

As the UK has got fatter, one company’s found its food being ordered into homes across the country on Saturday nights …

The Guardian, Thursday 9 January 2014

Ever-longer working hours, shrinking real incomes and the rise of the internet have made couch potatoes of many of us after a day’s work – and that has been very good news for the pizza delivery business. Read more of this post

Prada Said to Be Under Investigation for Tax Evasion

Prada Said to Be Under Investigation for Tax Evasion

(Corrects to remove reference to Prada SpA in first paragraph, add reference to Prada Holding in third.)

Prada is being investigated by Italian prosecutors for possible tax evasion after the luxury-goods company disclosed undeclared taxable income, a person with knowledge of the probe said. Read more of this post

Nestlé in Biotech Deal to Test Foods on Human Cells

Nestlé in Biotech Deal to Test Foods on Human Cells

JONATHAN D. ROCKOFF and JOHN REVILL

Updated Jan. 7, 2014 7:36 p.m. ET

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Nestlé SA, NESN.VX -0.15% the maker of Gerber baby food and Nescafé instant coffee, is deepening its research into the link between diet and disease with an unusual biotechnology partnership that it hopes will help it develop more profitable products. Read more of this post

Innovation made us strong in India; optimistic on ’14: Rado

Jan 11, 2014, 05.56 PM IST

Innovation made us strong in India; optimistic on ’14: Rado

Matthias Breschan, CEO, Rado says the luxury watch brands that are suffering today were doing rather well quite a few years ago. But they increased their prices without having altered the substance, the value that is inside the product. Read more of this post