The CFO as Change Agent: Finance People Need to Ask the Tough Questions, Says Steven Paladino of Henry Schein

The CFO as Change Agent

Finance People Need to Ask the Tough Questions, Says Steven Paladino of Henry Schein

NOELLE KNOX

March 9, 2014 7:47 p.m. ET

Over the past 25 years, Henry Schein Inc. HSIC +0.01% has transformed itself from a family-owned business with $125 million in annual sales into a $10 billion provider of products and services to dental, medical and veterinary offices world-wide. Read more of this post

Newspaper Consortium Seeks to Sell Cars.com for $3 Billion; Online Marketplace is Jointly Owned by Gannett, Tribune, McClatchy and Other Publishers

Newspaper Consortium Seeks to Sell Cars.com for $3 Billion

Online Marketplace is Jointly Owned by Gannett, Tribune, McClatchy and Other Publishers

WILLIAM LAUNDER, DANA MATTIOLI and MIKE SPECTOR

Updated March 9, 2014 4:48 p.m. ET

A group of newspaper publishers has put the cars.com online marketplace up for sale for as much as $3 billion, hoping to cash in on booming values for e-commerce sites, people familiar with the plans said. Read more of this post

New Norm for Stock Investors: Performance Matters; Stocks Are No Longer Moving in Tandem With Broad Market

New Norm for Stock Investors: Performance Matters

Stocks Are No Longer Moving in Tandem With Broad Market

ALEXANDRA SCAGGS And DAN STRUMPF

March 9, 2014 1:49 p.m. ET

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Stock pickers are starting to breathe a sigh of relief. Read more of this post

A CFO With Many Jobs-and Challenges: Baidu’s Jennifer Li Talks About China’s Booming Internet Industry

A CFO With Many Jobs—and Challenges

Baidu’s Jennifer Li Talks About China’s Booming Internet Industry

PAUL MOZUR

March 9, 2014 7:47 p.m. ET

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‘You depend on [employees] to think for themselves and take action.’ Bloomberg News

BEIJING— Jennifer Li is the No. 2 executive at the company often called the Google of China—and by extension the most powerful woman in the booming Chinese Internet industry. Read more of this post

Caterpillar, Sany Heavy Take Digs at Each Other; Each Lays Claim to No. 1 Ranking in China, but It Depends How You Parse It

Caterpillar, Sany Heavy Take Digs at Each Other

Each Lays Claim to No. 1 Ranking in China, but It Depends How You Parse It

JAMES R. HAGERTY

March 7, 2014 2:57 p.m. ET

LAS VEGAS— Caterpillar Inc. CAT -0.56% reported progress in its long struggle to win a bigger slice of the Chinese market, the world’s biggest battleground for makers of construction equipment. Read more of this post

Asian Demand for Milk Shakes Up Market; U.S. Milk Exports to Asia Are on the Rise

Asian Demand for Milk Shakes Up Market

U.S. Milk Exports to Asia Are on the Rise.

KELSEY GEE

March 9, 2014 6:23 p.m. ET

Asia’s growing thirst for milk is spilling over into the U.S. market, pushing up prices for consumers and pressuring profits for some food makers. Read more of this post

Chinese Firm’s Bond Default May Not Be the Last

Chinese Firm’s Bond Default May Not Be the Last

Some See It as Injecting Some Discipline Into a Swelling Debt Market

LINGLING WEI, DINNY MCMAHON And WAYNE MA

March 9, 2014 3:28 p.m. ET

BEIJING—The first default in China’s corporate-bond market is unlikely to be the last.

The failure by a distressed Chinese solar-equipment maker to make a bond-interest payment on Friday signals Beijing’s willingness, however tentative, to let some weak companies fall—a move that analysts and investors said could inject some discipline into a swelling debt market long viewed as implicitly supported by the government. Read more of this post

A chilly welcome: Congress protects America from Canadian pensioners

A chilly welcome: Congress protects America from Canadian pensioners

Mar 8th 2014 | GULFPORT, FLORIDA | From the print edition

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A CHORE combining carpentry with diplomacy awaits Gordon Bennett, a retired Canadian soldier, after his move to a larger mobile home near Florida’s Gulf coast. As commander of an overseas post of the Royal Canadian Legion, he likes to fly his national flag from a handy palm tree. But as a respectful guest—one of about half a million Canadian “snowbirds” who own winter homes in Florida, using special visas good for a total of 180 days in any 12-month period—he knows to follow strict protocol when mounting his flags, or face complaints from American neighbours. His Canadian flag cannot be flown on its own but must be paired with the Stars and Stripes (though never on the same pole). The American flag may not be smaller or fly lower, and must be flown in the position of honour (the right, as you emerge from a doorway). Read more of this post

Bioprinting: Building living tissue with a 3D printer is becoming a new business, but making whole organs for transplant remains elusive

Bioprinting: Building living tissue with a 3D printer is becoming a new business, but making whole organs for transplant remains elusive

Mar 8th 2014 | From the print edition

IN A state-of-the-art clean room, a scientist clad in a full-body containment suit, a hair net and blue gloves is preparing some printing cartridges—filled not with ink but a viscous milky liquid. Next to her sits a computer connected to a machine that resembles a large ice-cream dispenser, except that each of its two nozzles is made of a syringe with a long needle. Once the scientist clicks on the “run program” button, the needles extrude not a vanilla or chocolate-flavoured treat, but a paste of living cells. These bioinks are deposited in precise layers on top of each other and interspersed with a gel that forms a temporary mould around the cells. Read more of this post

Stalking trolls: Intellectual property: After being blamed for stymying innovation in America, vague and overly broad patents on software and business processes could get the chop

Stalking trolls: Intellectual property: After being blamed for stymying innovation in America, vague and overly broad patents on software and business processes could get the chop

Mar 8th 2014 | From the print edition

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AT LAST, it seems, something is to be done about the dysfunctional way America’s patent system operates. Two recent developments suggest calls for patent reform are finally being heard at the highest levels. First, in 2013, defying expectations, the House of Representatives passed (by an overwhelming majority) the Innovation Act, a bill aimed squarely at neutralising so-called patent trolls. These are individuals or companies who buy up lots of patents and then use them to extract payments from unsuspecting victims. Second, the US Supreme Court agreed to rule on what is the most contentious issue of all: which inventions are actually eligible for patent protection. Read more of this post

Woven electronics: An uncommon thread; Conductive fibres: From lighter aircraft to electric knickers, flexible filaments raise a wide range of interesting possibilities

Woven electronics: An uncommon thread; Conductive fibres: From lighter aircraft to electric knickers, flexible filaments raise a wide range of interesting possibilities

Mar 8th 2014 | From the print edition

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LAS VEGAS in January is the place to spot the latest trends in consumer electronics. The one that grabbed the attention of most people at the 2014 CES show were the wearables. These are gadgets that you put on, from all sorts of spectacles with built-in cameras and screens, like Google Glass, to wrist bands and watches that can monitor your heart rate or relay text messages. There is even jewellery that can warn you of too much exposure to the desert sun. Read more of this post

Molecular communications: Researchers are looking at ways to broadcast messages using chemical rather than electrical signals

Molecular communications: Researchers are looking at ways to broadcast messages using chemical rather than electrical signals

Mar 8th 2014 | From the print edition

HUMANS have long experimented with how best to communicate at a distance. Smoke signals and drums date back to prehistoric times. The Romans used carrier pigeons as messengers to support their conquests. Since the early 1830s, however, communication has been dominated by electrical or electromagnetic signals, from the first telegraph to the carrier waves in fibre-optic cables and the wireless networks of cellular telephones. But now a new contender is signalling its presence: molecular communication. Read more of this post

Caves found in Patagonia may unlock secrets of how continents formed

Caves found in Patagonia may unlock secrets of how continents formed

Fri, Mar 7 2014

SANTIAGO (Reuters) – Chilean and French scientists have discovered a network of underground caves on a remote island in Patagonia that could provide valuable clues as to how continents were formed. Read more of this post

Mexico telecoms regulator reins in Slim and his empire

Mexico telecoms regulator reins in Slim and his empire

Sat, Mar 8 2014

By Tomas Sarmiento and Christine Murray

MEXICO CITY (Reuters) – Mexico’s telecommunications watchdog unveiled a slew of regulations on Friday to claw back the massive telephone business of billionaire Carlos Slim, but said it would not order a break-up of his companies for now. Read more of this post

IBM factory strike shows shifting China labor landscape

IBM factory strike shows shifting China labor landscape

1:23am EST

By John Ruwitch

SHANGHAI (Reuters) – A wildcat strike at an IBM factory in southern China illustrates how tectonic shifts under way in the country’s labor market are emboldening workers to take matters into their own hands, raising risks for multinationals. Read more of this post

Korea’s quirky messaging apps go on offensive in text-happy Indonesia

Korea’s quirky messaging apps go on offensive in text-happy Indonesia

5:41pm EDT

By Miyoung Kim and Andjarsari Paramaditha

SEOUL/JAKARTA (Reuters) – South Korea’s pioneering mobile messaging apps have taken their oversized emoticons to Indonesia, intent on breaking the dominance of BlackBerry Ltd’s BBM messaging service in one of the world’s most active social media markets. Read more of this post

Stock caution urged as margin debt levels hit new highs; P/E valuations, record highs flash warnings; stock pickers look for quality, value

March 9, 2014, 3:00 p.m. EDT

Stock caution urged as margin debt levels hit new highs

P/E valuations, record highs flash warnings; stock pickers look for quality, value

By Wallace Witkowski, MarketWatch

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SAN FRANCISCO (MarketWatch) — A number of warning signals are flashing in the stock market, and while not indicative of an imminent crash, they’re telling investors to exercise caution, say market strategists. Read more of this post

Strikes in China may lead to heavy costs for MNCs

Strikes in China may lead to heavy costs for MNCs

SHANGHAI — A wildcat strike at an IBM factory in southern China illustrates how tectonic shifts under way in the country’s labour market are emboldening workers to take matters into their own hands, raising risks for multinational companies. Read more of this post

C.E.O. Libraries Reveal Keys to Success

July 21, 2007

C.E.O. Libraries Reveal Keys to Success

By HARRIET RUBIN

Michael Moritz, the venture capitalist who built a personal $1.5 billion fortune discovering the likes of Google, YouTube, Yahoo and PayPal, and taking them public, may seem preternaturally in tune with new media. But it is the imprint of old media — books by the thousands sprawling through his Bay Area house — that occupies his mind. Read more of this post

Richard Feynman: The Universe in a Glass of Wine; all life is fermentation

Richard Feynman: The Universe in a Glass of Wine

March 7, 2014 by Shane Parrish

A poet once said, “The whole universe is in a glass of wine.” We will probably never know in what sense he meant that, for poets do not write to be understood. But it is true that if we look at a glass of wine closely enough we see the entire universe. There are the things of physics: the twisting liquid which evaporates depending on the wind and weather, the reflections in the glass, and our imagination adds the atoms. The glass is a distillation of the earth’s rocks, and in its composition we see the secrets of the universe’s age, and the evolution of stars. Read more of this post

What Makes Art Popular? Science Says It’s Luck, and the Opinion of Others

WHAT MAKES ART POPULAR? SCIENCE SAYS IT’S LUCK, AND THE OPINION OF OTHERS

BY JENNIFER MILLER

You’d like to think that artistic merit drives commercial success. Unsurprisingly, a Princeton study says that artworks gain popularity based on social influence, and chance. Read more of this post

SingPost celebrates Hello Kitty’s 40th anniversary with limited edition stamps

SingPost celebrates Hello Kitty’s 40th anniversary with limited edition stamps

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Sunday, March 9, 2014 – 12:44

AsiaOne

SINGAPORE – In conjunction with Hello Kitty’s 40th Anniversary, SingPost will issue five limited edition MyStamp sets progressively in 2014 showcasing the evolution of Hello Kitty. Read more of this post

HK triads hide behind veil of respectability

HK triads hide behind veil of respectability

Sunday, March 9, 2014 – 16:48

Li Xueying

The Statesmen/Asia News Network

HONG KONG – On May 15, 1996, publisher Leung Tin Wai was in his office in Quarry Bay, working on his new magazine, Surprise Weekly. Two men entered, saying they had photographs for publication. What they whipped out instead were choppers. Read more of this post

The Cookie Monster Knows More About Willpower Than You; I had no idea how much thought actually went into the programming of Sesame Street before reading Focus: The Hidden Driver of Excellence.

The Cookie Monster Knows More About Willpower Than You

March 4, 2014 by Shane Parrish

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I had no idea how much thought actually went into the programming of Sesame Street before reading Focus: The Hidden Driver of Excellence. Read more of this post

A washing machine factory tests Italy’s industrial future

A washing machine factory tests Italy’s industrial future

Electrolux factory workers join the union-led protest outside a factory in Porcia, northern Italy

5:22am EDT

By Danilo Masoni and Francesca Piscioneri

PORCIA, Italy (Reuters) – The boxy white and grey factory of this rainy northern town makes fewer than half the washing machines it did when Italy joined the euro. It is one of the many symbols of Southern Europe’s industrial decline. Read more of this post

China will toughen its environmental protection laws to target polluters, paving the way for possibly unlimited penalties for polluting and the suspension or shutdown of pollut

China to toughen environment law, hold polluters accountable

12:56am EST

BEIJING (Reuters) – China will toughen its environmental protection laws to target polluters, according to a high-level policy report released on Sunday, paving the way for possibly unlimited penalties for polluting and the suspension or shutdown of polluters. Read more of this post

Smart labels: The 40-year-old barcode has a new, more intelligent rival that can store information, display and transmit it

Smart labels: The 40-year-old barcode has a new, more intelligent rival that can store information, display and transmit it

Mar 8th 2014 | From the print edition

IN JUNE 1974 history was made at a supermarket in Troy, Ohio, with a ten-pack of Wrigley’s Juicy Fruit chewing gum. It was the first time a commercial item bearing a Universal Product Code (UPC) was scanned by a cashier at the checkout. Forty years on, what became known as a barcode has transformed the world of commerce by providing reliable product identification, tracking and pricing. Nearly everything now comes with a barcode. Read more of this post

Aerial jellyfish: Ornithopters: Flying like a bird has long captured the imagination. The latest way to do so is copied from the ocean, not the atmosphere

Aerial jellyfish: Ornithopters: Flying like a bird has long captured the imagination. The latest way to do so is copied from the ocean, not the atmosphere

Mar 8th 2014 | From the print edition

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ENGINEERS often look to the natural world for inspiration—and flight engineers, doubly so. Mankind’s desire to soar like the birds directly inspired the Wright brothers’ solution to the problem of controlling a heavier-than-air flying machine, by suggesting the way to do so was to warp the shape of the craft’s wings. More recently, designers of ornithopters (tiny, robotic flying machines lifted by flapping wings) have looked to insects for inspiration, and built systems of sensory feedback that can keep aloft designs which are essentially unstable. Read more of this post

Truffle farming: How mapping technology is being used to discover new places to grow savoury and expensive fungi

Truffle farming: How mapping technology is being used to discover new places to grow savoury and expensive fungi

Mar 8th 2014 | From the print edition

PIGS, dogs and rakes can all be useful in the quest to discover wild truffles, but each has its drawbacks. Pigs like to gobble up the fancy fungi as much as their owners do. Dogs are costly to train. Rakes wreak havoc on the duff (leaf litter) that often covers truffle-rich soil, thus damaging the fungi’s environment. Truffles are, nevertheless, successfully being unearthed in areas not traditionally associated with their growth. Read more of this post

Can parallel lines meet: Power transmission: How to build a real supergrid by making existing electricity lines more efficient at transmitting power

Can parallel lines meet: Power transmission: How to build a real supergrid by making existing electricity lines more efficient at transmitting power

Mar 8th 2014 | From the print edition

GERMANY has a problem. The decision, taken in 2011, to close down the country’s nuclear-power stations risks leaving parts of the country with insufficient supplies of electricity. This means power will have to be brought in from elsewhere. But to do that seems, on the face of things, to require the building of new transmission lines, which will be unpopular with those they pass by. Read more of this post

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