Why so many “activist” investors are barraging companies with money-making schemes

Why so many “activist” investors are barraging companies with money-making schemes

By John McDuling @jmcduling February 24, 2014

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It’s not just Carl Icahn. Activist investors are everywhere at the moment. They’re agitating for change at companies as diverse as Darden Restaurants, the owner of the Red Lobster and Olive Garden restaurant chains, and Dow Chemical Co, the 116-year-old conglomerate. Read more of this post

Why we’re not impressed with Samsung’s latest wearable effort

Why we’re not impressed with Samsung’s latest wearable effort

By Rachel Feltman @rachelfeltman 10 hours ago

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Today at the Mobile World Congress, Samsung unveiled three new wearables to replace their previous flop: The Galaxy Gear 2, the Gear 2 Neo, and the Gear Fit. The first two are smartwatches like the original (widely-panned) Galaxy Gear. The third marks the company’s first foray into fitness tracking. Read more of this post

India’s emerging market rollercoaster has been a brutal ride for IBM

India’s emerging market rollercoaster has been a brutal ride for IBM

By Heather Timmons @HeathaT 2 hours ago

Recent tremors in developing economies have wreaked havoc with equity markets, triggering frightening currency drops and weighing on earnings at global corporations. For a specific example of what a rough ride these markets can be, look no further than IBM’s experience in India. Read more of this post

LinkedIn is doing what Facebook, Google, and Twitter can’t: expanding in China

LinkedIn is doing what Facebook, Google, and Twitter can’t: expanding in China

By John McDuling @jmcduling 7 hours ago

The only major American social network with a significant presence in China is LinkedIn. And that presence is about to get much bigger, the company hopes, after it today switches on a beta version of a mainland China-focused, Chinese-language site, branded 领英 (pronounced “ling ying.”) Read more of this post

How Citigroup stumbled in the Mexican housing market

How Citigroup stumbled in the Mexican housing market

1:12am EST

By Elinor Comlay and David Henry

ZUMPANGO, Mexico/NEW YORK – (Reuters) – Just outside the town of Zumpango, about an hour from Mexico City, packs of stray dogs sniff around abandoned homes in a half-empty neighborhood. Read more of this post

Compliance becomes hotter issue for U.S. firms in China: report

Compliance becomes hotter issue for U.S. firms in China: report

Mon, Feb 24 2014

By Adam Jourdan

SHANGHAI (Reuters) – U.S. companies in China placed greater focus on compliance last year after several high profile probes into corruption and high pricing, but rising costs and a skills shortage remained their main concerns, the American Chamber of Commerce in Shanghai said in its annual report. Read more of this post

Comcast to Benefit from Netflix Streaming Deal; With Netflix paying Comcast to ensure smooth video streaming, this watershed deal marks a win for cable’s long-term value

MONDAY, FEBRUARY 24, 2014

Comcast to Benefit from Netflix Streaming Deal

By ALEXANDER EULE | MORE ARTICLES BY AUTHOR

With Netflix paying Comcast to ensure smooth video streaming, this watershed deal marks a win for cable’s long-term value.

After years of hearing about consumers cutting their cable cord, it’s the cord that’s suddenly back in demand. That’s the key takeaway from Sunday’s agreement betweenComcast (ticker: CMCSA) and Netflix (NFLX), which is finally agreeing to make a direct payment for the massive Internet bandwidth it consumes. For all its success with original content, Netflix still relies on cable companies to deliver those streams into consumers’ homes. Read more of this post

Walt Disney: Quantifying the Frozen Effect; cartoon movie Frozen has raked in nearly $1 billion worldwide

February 24, 2014, 3:57 P.M. ET

Walt Disney: Quantifying the Frozen Effect

By Ben Levisohn

Anyone who has a little girl, as I do, knows the power of Walt Disney’s (DISFrozen. She acts out the movie; she sings the songs (and has me singing them too); and she wants to grow up to be Princess Elsa, the movies ice-empowered heroine.

And anyone that’s an investor knows how well Frozen has done at the box office–the cartoon has raked in nearly $1 billion worldwide, according to Box Office Mojo. Read more of this post

Britain’s biggest supermarket chain, Tesco Plc, is reportedly dropping its brand in China when it officially enters into a JV with China Resources Enterprise

Tesco brand reportedly to be dropped in China

China Daily February 25, 2014 1:20 pm

Britain’s biggest supermarket chain, Tesco Plc, is reportedly dropping its brand in China when it officially enters into a joint venture with China Resources Enterprise Ltd, further consolidating the latter as the largest retailer in the country in terms of market share. Read more of this post

Billionaire activist investor Carl Icahn issued an open letter to shareholders of the global commerce company in which he excoriated eBay’s management and board for various alleged conflicts of interest and lapses in corporate governance

Carl Icahn’s eBay battle gets nasty

By Jesse Solomon  @JesseSolomonCNN February 24, 2014: 12:48 PM ET

Carl Icahn released a letter Monday criticizing eBay’s management and two of its board of directors. EBay is fighting back.

Carl Icahn and eBay are digging into the trenches.

On Monday, the activist investor issued an open letter to shareholders of the global commerce company in which he excoriated eBay’s (EBAYFortune 500) management and board for various alleged conflicts of interest and lapses in corporate governance. Read more of this post

Older adults who take blood pressure drugs have a greater risk of serious falls and related injuries, a new study reports

FEBRUARY 24, 2014, 4:00 PM  Comment

Blood Pressure Drugs Tied to Risk of Falls

By ANAHAD O’CONNOR

Older adults who take blood pressure drugs have a greater risk of serious falls, a new study reports.

Researchers looked at nearly 5,000 Americans over age 70 during a three-year period. They found that those who were taking antihypertensive medications had a 30 to 40 percent greater likelihood of experiencing severe fall-related injuries like hip fractures and head trauma. Read more of this post

Secrets of the Ages: A wide-ranging look at the puzzle of longevity, which varies across species in often confounding ways

FEBRUARY 24, 2014, 4:09 PM  1 Comment

Secrets of the Ages

By ABIGAIL ZUGER, M.D.

The Science of Life Span and Aging. By Jonathan Silvertown. University of ChicagoPress. 208 pages. $25.

Think too much about your life span and you will never get out of bed in the morning. Once you do, though, all the scientific mysteries of the subject may lie panting on the rug at your feet. Why should your good old faithful dog (avid exerciser, nonsmoker, nondrinker) be condemned to age and die after barely a decade, while you remain firmly in your prime — and the neighbor’s African gray parrot lives loudly on and on? Read more of this post

Genetically Modified Babies: Regulators consider radical biological procedures

Genetically Modified Babies

By MARCY DARNOVSKYFEB. 23, 2014

BERKELEY, Calif. — AN advisory committee of theFood and Drug Administration is set to begin two days of meetings tomorrow to consider radical biological procedures that, if successful, would produce genetically modified human beings. This is a dangerous step. These techniques would change every cell in the bodies of children born as a result of their use, and these alterations would be passed down to future generations. Read more of this post

Like Columbus, It Floated Here: The answer of how the useful plants got to the Americas has stumped scientists, until now. Using a relatively new type of genetic analysis, researchers found that bottle gourds floated to the Americas from Africa

Like Columbus, It Floated Here

By RACHEL NUWERFEB. 24, 2014

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Using a relatively new type of genetic analysis, researchers found that bottle gourds floated to the Americas from Africa. CreditCaraMaria

By the time Columbus arrived in the New World in 1492, bottle gourds had already conquered much of the globe. After evolving in Africa, one species,Lagenaria siceraria, made a break for East Asia around 11,000 years ago and eventually took up residence in Polynesia, China, Peru and beyond, earning the title of most widely distributed pre-Columbian domesticated plant. Read more of this post

Camels Linked to Spread of Deadly MERS Virus in People

Camels Linked to Spread of Deadly Virus in People

By DENISE GRADYFEB. 25, 2014

A new study suggests that camels are the major source of the Middle East Respiratory Syndrome, or MERS, a viral disease that has sickened 182 people and killed 79 of them since it was first detected in Saudi Arabia in 2012.

The animals are most likely to infect people through respiratory secretions — from coughing, sneezing, snorting or spitting — that travel through the air or cling to surfaces. Read more of this post

Alan Alda Center for Communicating Science: Could we teach courses to turn scientists into capable communicators? An actor with a love of science seeks to apply techniques of drama to help scientists be better communicators

Alan Alda, Spokesman for Science

FEB. 24, 2014

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The actor turned educator talks about how science can be made clearer and more accessible to the public if served with a helping of improvisation.

By CLAUDIA DREIFUS

CHICAGO — The most popular speaker at the recent meeting of the American Association for the Advancement of Science was not a scientist but one of science’s most high-profile advocates: the actor and writer Alan Alda. Read more of this post

The Brain’s Inner Language; scientists at Allen Institute for Brain Science are working with mice to decode what a mind’s neurons are saying to each other to produce behavior

The Brain’s Inner Language

By JAMES GORMANFEB. 24, 2014

Continue reading the main storyVideo

Probing the Parliament of Neurons

Clay Reid and colleagues are going deep into the mouse brain to decipher the conversations and decisions of neurons.

SEATTLE — When Clay Reid decided to leave his job as a professor at Harvard Medical School to become a senior investigator at the Allen Institute for Brain Science in Seattle in 2012, some of his colleagues congratulated him warmly and understood right away why he was making the move. Read more of this post

Pension Funds Sue on a Deal Gone Cold; Alphonse Fletcher Jr., a flashy hedge fund manager, has been accused of running something akin to a Ponzi scheme, and the pension systems that say he misled them are hoping to get their money back.

FEBRUARY 24, 2014, 9:51 PM  Comment

Pension Funds Sue on a Deal Gone Cold

By RACHEL ABRAMS

Sitting around a table in Baton Rouge, La., in February 2008, a handful of board members of the Firefighters’ Retirement System of Louisiana heard an investment pitch that would later come back to haunt them. Read more of this post

Steel Industry Feeling Stress as Automakers Turn to Aluminum

Steel Industry Feeling Stress as Automakers Turn to Aluminum

By JACLYN TROPFEB. 24, 2014

DEARBORN, Mich. — For nearly a century, Ford’s River Rouge factory and its neighboring steel mill have worked in close harmony to produce some of America’s most popular vehicles, from the Model A to the F-150 pickup truck. Read more of this post

Flappy Bird Copycats Keep on Flapping

FEBRUARY 24, 2014, 5:14 PM  Comment

Flappy Bird Copycats Keep on Flapping

By NICK BILTON

On Feb. 9, the Western world fell into chaos as Flappy Bird, a highly addictive game, was removed from mobile app stores by Dong Nguyen, an independent developer in Vietnam.

Since then, people have scrambled to create clones of Flappy Bird, including Fly Birdie, Flappy Bee, Flappy Plane and Ironpants, to satiate the addictive gaming habits of smartphone owners. Read more of this post

Loss Leaders on the Half Shell; A nationwide binge on oysters is transforming an industry (and restaurants’ economics).

Loss Leaders on the Half Shell

By KAREN STABINERFEB. 22, 2014

Connoisseurs across the country are binging on oysters. The trend is, at least in part, the result of a rapid growth of oyster farms on the East and West Coasts. Read more of this post

Dogs, humans have similar emotional reactions, new study says; Dogs and humans are far similar than originally thought.

Dogs, humans have similar emotional reactions, new study says

Dogs and humans are far similar than originally thought.

Science Recorder | Delila James | Tuesday, February 25, 2014

Dog-owners probably won’t be surprised to learn of a new scientific study showing their pets understand human emotions.

Researchers from Hungary’s ELTE University trained dogs to sit still in an MRI scanner to get images of their brains. They found that canine brains react to voices in the same way a human does, and that emotionally-charged vocal sounds, like laughter or weeping, caused similar responses in dogs and people. Read more of this post

S Korea’s Park forms special reunification panel

S Korea’s Park forms special reunification panel

Last Updated: Tuesday, February 25, 2014, 11:18

Seoul: South Korean President Park Geun-Hye announced Tuesday the creation of a committee under her direct control to work out “systematic and constructive” plans for reunification of the divided Korean peninsula.
The presidential committee will include experts from every sector of society and map out a blueprint for expanding inter-Korean dialogue and exchanges with a view to eventual unification.  Read more of this post

Chinese officials reportedly shut some businesses as pollution soars

Chinese officials reportedly shut some businesses as pollution soars

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China’s landmark CCTV buiiding, where state television is housed, could barely be seen in this photo of pedestrians walking near the Guomao subway station in Beijing.

BY STUART LEAVENWORTH

MCCLATCHY FOREIGN STAFF

BEIJING — China’s capital region remained swathed Monday in a cloud of choking smog, prompting a rise in hospital visits and sales of indoor air purifiers and reports of rare industry shutdowns. Read more of this post

Target Push Into Canada Stumbles: Shoppers’ habits and other factors figure into a projected $8 billion to $9 billion loss in the retailer’s first international expansion.

Target Push Into Canada Stumbles

By IAN AUSTENFEB. 24, 2014

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Anthony S. Fisher, the president of Target Canada, vowed to change how Canadians shop to get them accustomed to “one-stop shopping.” CreditGeoff Robins/Reuters

OTTAWA — When Canadians crossed the border into the United States on shopping excursions, Target was a prime destination. But when Target crossed the border last year and brought its stores to Canada, the magic somehow vanished. Read more of this post

In An Ad-mad World, Google Wants It All; Forget wearable computers and self-driving cars. The search giant will continue its dominance by sticking with its roots-taking $20 billion out of the hides of some very familiar companies

In An Ad-mad World, Google Wants It All

by Robert Hof | Feb 25, 2014

Forget wearable computers and self-driving cars. The search giant will continue its dominance by sticking with its roots—taking $20 billion out of the hides of some very familiar companies

It’s mid-September, and Volkswagen of America has a problem: It won’t have any new models coming out until the spring. Keeping VW front and centre in consumers’ minds has drawn a group of marketing folks from the automaker and two of its ad agencies to Google’s BrandLab at its YouTube headquarters south of San Francisco. Dedicated to “evangelising the art and science of brand-building”, the richly appointed meeting space is basically a man cave for ad creatives, complete with overstuffed couches, booze and the mother of all big screens, an assemblage of 32 flat-panel displays massed into 300 square feet of video overload. Read more of this post

How to manage from ‘the trenches’: Once you get to the top of the corporate ladder, there’s still plenty more to learn from the bottom.

How to manage from ‘the trenches’

February 24, 2014: 11:23 AM ET

Once you get to the top of the corporate ladder, there’s still plenty more to learn from the bottom.

By Kip Knight

FORTUNE – What has defined much of my career is a line from the novel, To Kill a Mockingbird: “You never really know a man until you understand things from his point of view, until you climb into his skin and walk around in it.” Read more of this post

Chipotle’s Farmed and Dangerous ads: a lesson in ecosystem marketing; For marketers to capture their stakeholders’ imaginations, they need to think beyond company positioning and find a message that works for their entire business ecosystem

http://www.youtube.com/watch?v=U5_D0rdqeAs

Chipotle’s Farmed and Dangerous ads: a lesson in ecosystem marketing

For marketers to capture their stakeholders’ imaginations, they need to think beyond company positioning and find a message that works for their entire business ecosystem Read more of this post

How to Get Over Your Inaction on Big Data

How to Get Over Your Inaction on Big Data

by Phil Simon  |   11:00 AM February 24, 2014

It’s common to see surveys, polls, and reports showing that “most” organizations are embracing big data. For instance, a 2013 Gartner survey found that 64% of enterprises were deploying or planning big data projects, up from 58% the year before. Read more of this post

Understand the Sacrifices Before Launching a Start-Up

Understand the Sacrifices Before Launching a Start-Up

by Frederic Kerrest  |   12:00 PM February 24, 2014

Making the decision to found your own business is a life-altering experience. Of course, it’s what comes after that breakthrough moment – how unique the idea, how quickly you move, how you continue to innovate – that ultimately separates the wheat from the chaff.   Read more of this post