Success Outside the Dress Code: The subtle cues that help nonconformists break from the pack and thrive; Power of sweatpants

Success Outside the Dress Code

The subtle cues that help nonconformists break from the pack and thrive; Power of sweatpants

SHIRLEY S. WANG

March 17, 2014 7:13 p.m. ET

Even though humans are wired to conform and be part of a group, being a nonconformist can sometimes increase a person’s status and perceived competency. Shirley Wang reports on Lunch Break. Photo: Videoblocks. Read more of this post

‘Big Data’ Doesn’t Yield Better Loans; Consumer Group Says Crunching Such Numbers Doesn’t Make a Big Difference; Lenders Disagree

‘Big Data’ Doesn’t Yield Better Loans

Consumer Group Says Crunching Such Numbers Doesn’t Make a Big Difference; Lenders Disagree

ELIZABETH DWOSKIN

Updated March 17, 2014 11:19 p.m. ET

Can “Big Data” really help write a better loan?

That is a timely question, as startups backed by big Silicon Valley names employ big-data techniques to offer short-term, small-dollar loans. The companies want to reach the 68 million Americans who the Federal Deposit Insurance Corp. says struggle to get loans because they have either no credit history or a poor credit history. Read more of this post

New Pain Treatment Uses Ultrasound at Home; New devices let patients treat their pain with ultrasound almost anywhere and for longer periods

New Pain Treatment Uses Ultrasound at Home

New devices let patients treat their pain with ultrasound almost anywhere and for longer periods

LAURA JOHANNES

March 17, 2014 6:19 p.m. ET

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ZetrOZ’s Sam device, which shows how much battery power is left. ZetrOZ, Inc.

The Ache: Ultrasound energy is widely used by physical therapists and other clinicians to treat sports injuries and chronic pain. But because the machines are hand-held, treatment is generally limited to 15 minutes or less. Some scientists think longer treatments will be more effective. Read more of this post

Jack Daniel’s Faces a Whiskey Rebellion; Diageo Presses to Relax Rules on What Makes a ‘Tennessee Whiskey’

Jack Daniel’s Faces a Whiskey Rebellion

Diageo Presses to Relax Rules on What Makes a ‘Tennessee Whiskey’

MIKE ESTERL

Updated March 17, 2014 7:34 p.m. ET

A feud has erupted among distillers over a seemingly simple question: When is a whiskey “Tennessee Whiskey”? Read more of this post

Wharton Names New Dean; Garrett, of Australian School of Business, to Succeed Robertson as Elite B-School Faces Challenges

Wharton Names New Dean

Garrett, of Australian School of Business, to Succeed Robertson as Elite B-School Faces Challenges

MELISSA KORN

Updated March 17, 2014 7:55 p.m. ET

The University of Pennsylvania’s Wharton School surprised many with its choice for a new dean, as the elite business school fights to remain in the very highest echelon of M.B.A. programs. Read more of this post

France Has a Formula for China’s Baby-Milk Needs

France Has a Formula for China’s Baby-Milk Needs

Plant Under Construction in Brittany Fills Supply Gap While Bolstering Farms

RUTH BENDER

March 17, 2014 5:19 p.m. ET

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Synutra CEO Liang Zhang, left, and Carhaix Mayor Christian Troadec in January. Zuma Press

CARHAIX, France—Mayor Christian Troadec is trying a new formula to revive his sleepy town in central Brittany: quenching Chinese thirst for baby milk. Read more of this post

Chinese Companies Caught in Yuan Riptide; Bets by Firms and Individuals on a Rise in Currency Face Losses as Country Changes Tack

Chinese Companies Caught in Yuan Riptide

Bets by Firms and Individuals on a Rise in Currency Face Losses as Country Changes Tack

ANJANI TRIVEDI

Updated March 17, 2014 11:14 p.m. ET

China’s yuan weakened against the U.S. dollar Monday after the central bank doubled the currency’s daily trading band. The WSJ’s Jake Lee talks to CIBC’s Asia strategist about the effects this move will have on the yuan. Read more of this post

Chinese Property Developer Zhejiang Xingrun Defaults on $400M Bank Loans; The default is unusually large for a developer in one of China’s most affluent regions

Chinese Property Developer Zhejiang Xingrun Defaults on Bank Loans

Default Is Unusually Large for Developer in Affluent Region of China

DINNY MCMAHON and ESTHER FUNG

March 17, 2014 10:59 p.m. ET

BEJIING—Zhejiang Xingrun Real Estate Co., a property developer based in a small city south of Shanghai, is unable to repay almost $400 million worth of bank loans, a person at the local government financial affairs office said Tuesday. Read more of this post

South Korea’s Governors of Northern Provinces Don’t-And Never Will-Govern

South Korea’s Governors of Northern Provinces Don’t—And Never Will—Govern

Appointed Officials Have Perks and Offices but Don’t Enter the North

ALASTAIR GALE and KWANWOO JUN

Updated March 17, 2014 10:32 p.m. ET

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Park Kee-jung, shown in his office, was appointed governor of North Hamgyong Province in North Korea’s northeast last year. Kwanwoo Jun/The Wall Street Journal Read more of this post

Venture Money Flows Into Hardware Startups; From Jawbone to Roku, U.S. Investors Pump $848 Million Into Consumer-Electronics Makers

Venture Money Flows Into Hardware Startups

From Jawbone to Roku, U.S. Investors Pump $848 Million Into Consumer-Electronics Makers

DAISUKE WAKABAYASHI

Updated March 17, 2014 4:47 p.m. ET

A hardware startup is still hard, but it is getting a little easier.

The growing availability of 3-D printers and starter kits with easy-to-program circuit boards makes it simpler and cheaper to produce prototypes. Contract manufacturers stand ready to handle mass production and unravel supply-chain tangles. New fundraising techniques help entrepreneurs get started and test demand. Read more of this post

For Chinese Reform, It’s Private Banks or Bust

For Chinese Reform, It’s Private Banks or Bust

Rate liberalization cannot occur until there is more privatization in banking.

DEREK SCISSORS

March 17, 2014 11:13 a.m. ET

The annual meetings of China’s National People’s Congress this month offered two main signals about reform under President Xi Jinping. First, the battle has been joined in finance between the market’s decisive role and the state’s dominant role. Second, there is no battle outside finance—the status quo of state dominance was otherwise left almost entirely unscathed. Read more of this post

As email threats multiply, funds pick up Proofpoint

As email threats multiply, funds pick up Proofpoint

2:46pm EDT

By David Randall

NEW YORK (Reuters) – The last time email could be called a sexy business, Facebook founder Mark Zuckerberg was celebrating his tenth birthday. Yet Proofpoint Inc, a $1.6 billion market cap email security company, is catching the eye of fund managers by gaining share in a market that many investors have left for dead. Read more of this post

Weibo’s Worth Is Hard to Pin Down

Weibo’s Worth Is Hard to Pin Down

AARON BACK

March 17, 2014 9:03 a.m. ET

Is Weibo worth more than investors think? That is the case that Sina must make to justify a spinoff of China’s Twitter TWTR +0.25% -like microblog.

Sina is already publicly listed and its stake in Weibo makes up the bulk of its market value. So management must believe Weibo is undervalued by the market, and that a listing can unlock value. Read more of this post

Auditors must be rotated more often, ASIC (Australian Securities and Investments Commission) warns

Auditors must be rotated more often, ASIC warns

March 18, 2014

Georgia Wilkins

Corporate governance groups say there is not enough rotation of auditors at the country’s top companies and call for greater transparency in the relationship between boards and their external reviewers. Read more of this post

Macquarie Group is selling its private equity funds management division, ending its role as Australia’s largest and oldest private equity investor.

Macquarie Group selling private equity division

March 18, 2014 – 7:53AM

Sarah Thompson and Anthony MacDonald

Macquarie Group is selling its private equity funds management division, ending its role as Australia’s largest and oldest private equity investor, reports The Australian Financial Review. Read more of this post

Rachel “Bunny” Mellon, the Listerine fortune heiress, died at 103 years old; “She worked quietly behind the scenes for many years to support horticulture and the arts. She leaves behind a meaningful legacy.”

Rachel ‘Bunny’ Mellon, arts patron and confidante of Jackie Kennedy, dies at 103

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View Photo Gallery — Kennedy confidante and arts patron Rachel ‘Bunny’ Mellon dies: Rachel “Bunny” Mellon, a close friend of Jacqueline Kennedy Onassis who redesigned the White House Rose Garden, died at age 103. Read more of this post

Are we a nation of zombies? People forfeiting their identity to fit in with the corporate world

Are we a nation of zombies?

March 14, 2014

James Adonis is one of Australia’s best-known people-management thinkers

Walk through most workplaces and what you’re bound to see is sameness. Dull and robotic sameness – people forfeiting their identity to fit in with the corporate world. Read more of this post

The app 28 million fitness freaks use; It’s connecting some of society’s most competitive people

The app 28 million fitness freaks use

March 18, 2014

Doug Hendrie

It’s connecting some of society’s most competitive people.

Jason Jacobs has always taken fitness seriously. But it wasn’t until he was training for his first marathon in 2007 that the Boston entrepreneur discovered something was missing: data. What was his rate of progress? Would he be fit enough in time for the whistle? That’s when he knew he’d found it: the important problem he wanted to solve. Read more of this post

Emergence of Mittelstand Compounders in Asia? The Case of PT Selamat Sempurna

Dear Friends and All,

 

Emergence of Mittelstand Compounders in Asia? The Case of PT Selamat Sempurna

 

It was a busy day on March 11 at the grave of a hero in Blitar, a city located right at the foot of the explosive Mount Kelud, and 167 kilometers from the East Java capital of Surabaya city, Indonesia. Megawati, daughter of Indonesia’s first president Soekarno, and Jakarta’s governor Joko “Jokowi” Widodo went together to visit Soekarno’s grave to pay their respects to the independence fighter of the world’s third biggest democracy with a trillion in GDP, or the near-equivalent of South Korea or China’s Guangdong province. Two days later on March 13, Megawati announced Jokowi, the furniture-seller who first became the mayor of the ancient Javanese city of Solo and later Jakarta, as the party’s presidential candidate for the July 9 elections. Read more of this post

The Art Of Self-Promotion: 6 Tips For Getting Your Work Discovered; guidelines for promoting your work without spamming

THE ART OF SELF-PROMOTION: 6 TIPS FOR GETTING YOUR WORK DISCOVERED

BY JESSICA GROSE

Writer and author Austin Kleon shares some guidelines for promoting your work without spamming from his new book, Show Your Work! 10 Ways to Share Your Creativity and Get Discovered.

The subtitle of the writer and artist Austin Kleon’s new book, Show Your Work!, is “10 Ways to Share Your Creativity and Get Discovered.” But that subtitle could just as easily be, “How to Self-promote Without Being a Jerkface.” It’s an incredibly useful and compulsively readable short book about how to use social media and networking if you’re a creative person of any stripe. Read more of this post

Art of Accounting: Be a Sounding Board to Your Clients; Entrepreneurs are the most focused and determined people I know. But it is also lonely for many of them

Art of Accounting: Be a Sounding Board to Your Clients

MARCH 14, 2014

BY EDWARD MENDLOWITZ

Entrepreneurs are the brightest, most focused and determined people I know. But it is also lonely for many of them.

There are few people they can trust, and sometimes they just need a sounding board of someone who won’t pass judgment but might point out inconsistencies or illogical conclusions. That is a role for CPAs, and sometimes great things come out of it. Read more of this post

The Apple of the Pearl River Delta? DJI Innovations is taking flight

The Apple of the Pearl River Delta? DJI Innovations is taking flight

Monday, 02 December, 2013, 5:23am

Darren Wee darren.wee@scmp.com

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DJI Innovations founder Frank Wang Tao (left) shows off his products with his mentor Professor Li Zexiang. Photo: SCMP

DJI Innovations has 900 employees and is set to generate revenue of US$131m this year Read more of this post

Is ‘Smart Beta’ an Improvement Over Standard Indexing?

Is ‘Smart Beta’ an Improvement Over Standard Indexing?

March 16, 2014 8:35 p.m. ET

Investors have been rushing to sink cash into a new option that’s intended to deliver a souped-up version of traditional index tracking. Read more of this post

Alzheimer’s and Its Uncounted Victims; Deaths from the disease may be six times higher than reported. This is a cancer-size illness

Alzheimer’s and Its Uncounted Victims

Deaths from the disease may be six times higher than reported. This is a cancer-size illness.

GEORGE VRADENBURG And STANLEY PRUSINER

March 16, 2014 6:40 p.m. ET

It’s well known that President Ronald Reagan died in 2004 after a long battle with Alzheimer’s disease. Yet his death certificate listed pneumonia as the official cause of death. Attributing Alzheimer deaths to other diseases is all too common—and highlights the complicated nature of Alzheimer’s contribution to deaths in the U.S. each year. It also suggests that Alzheimer’s might be a bigger problem than previously thought. Read more of this post

Don’t Celebrate Mexico’s Reforms Just Yet; Deficit spending is heading higher and the rule of law remains weak

Don’t Celebrate Mexico’s Reforms Just Yet

Deficit spending is heading higher and the rule of law remains weak.

MARY ANASTASIA O’GRADY

March 16, 2014 6:38 p.m. ET

Mexico’s Institutional Revolutionary Party (PRI) President Enrique Peña Nieto has been in office a mere 16 months, but his leadership has already changed the country’s international image. Constitutional reforms in energy, education and telecommunications, once thought to be impossible, have removed roadblocks to new legislation that could increase competitiveness and drive faster growth. Read more of this post

Alibaba: A Mix of Amazon, eBay and PayPal With a Dash of Google

Alibaba: A Mix of Amazon, eBay and PayPal With a Dash of Google

How the Chinese Company Came to Dominate Chinese E-Commerce

JURO OSAWA 

Updated March 15, 2014 4:53 a.m. ET

Alibaba Group Holding Ltd.— which is preparing to launch perhaps the largest U.S. stock listing ever of a Chinese company—dominates China’s e-commerce market. But not everybody in the U.S. has a grasp of its scope. Read more of this post

How to find the right co-founder: Right Click Capital’s Benjamin Chong

How to find the right co-founder: Right Click Capital’s Benjamin Chong

Published 17 March 2014 13:29, Updated 17 March 2014 13:40

Benjamin Chong

Building a startup requires hard work and perseverance. It’s difficult to do it alone and something, I suggest, you shouldn’t do alone. You need a cofounder with whom you can share the ups and downs of starting a business. Read more of this post

“In all probabilistic fields, like investing and gambling, the best performers dwell on process.”

Five Stinkin’ Feet

Posted on March 14, 2014

Robert Seawright

Investment Belief #5: Process Should Be Prioritized Over Outcomes

My first baseball memory is from October 16, 1962, the day after my sixth birthday, by which time I was already hooked on what was then the National Pastime. In those days, all World Series games were played during the day. So I hurried home from school on that Tuesday afternoon to turn on the (black-and-white) television and catch what I could of the seventh and deciding game of a great Series at the then-new Candlestick Park in San Francisco between the Giants and the New York Yankees. Read more of this post

When Giovanni Castiglioni’s father died in 2010 he left a massive legacy – and the seemingly impossible job of turning round the legendary motorbike brand MV Agusta. In just three years, Giovanni has done it

THE REMARKABLE RETURN OF MV AGUSTA

ARTICLE | 14 MARCH, 2014 03:27 PM | BY JEREMY HAZLEHURST

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It would be an exaggeration to say that Giovanni Castiglioni was born riding a motorbike, but only just. He got his first pushbike at the age of two and his first engine-powered bike when he was four. Now aged just 33, he is the CEO of MV Agusta, a legendary racing marque which he has turned from a moribund relic into a thriving concern. Just 18 months after his family re-took control of the business, sales have increased by 300% and are on an upward trend. Many have tried to revive MV Agusta, and all have failed – including Harley Davidson and Giovanni’s father Claudio. Many thought it was a poisoned chalice. But now it is winning a whole new generation of fans, and when Castiglioni talks about an IPO that would rival Ducati’s, he is taken seriously. How did he do it? And why? Read more of this post

The operator of Taiwan’s popular Eslite Bookstore (誠品書店) chain predicts revenues will grow to over US$461m this year; Eslite currently has 42 stores in Taiwan and one in Hong Kong and has 980,000 shoppers in its membership program

Eslite Groups forecasts at least 7.7% revenue growth in 2014

CNA
March 17, 2014, 12:04 am TWN

TAIPEI–The operator of Taiwan’s popular Eslite Bookstore (誠品書店) chain predicts revenues will grow to over NT$14 billion (US$461.34 million) this year, a company executive said. Read more of this post