Energy debate challenges facade of wa

Energy debate challenges facade of wa
BY STEPHEN HESSE
MAR 22, 2014
Torn between his nationalistic instinct to resurrect what he seems to regard as Japan’s great bygone days of empire-building and the mundane demands of caring for the pressing needs of his nation, a remarkably caring soul might almost feel sorry for Prime Minister Shinzo Abe during his first months in office. Almost. Read more of this post

The road ahead looks much smoother for restructured auto supplier Visteon, as a simplified strategy promises to end years of disappointing results

SATURDAY, MARCH 22, 2014
Visteon: In the Driver’s Seat
By CHRISTOPHER C. WILLIAMS | MORE ARTICLES BY AUTHOR
The road ahead looks much smoother for restructured auto supplier Visteon, as a simplified strategy promises to end years of disappointing results.
When Tim Leuliette emerged from the boardroom to lead Visteon in August 2012, the auto supplier had swerved into a ditch. Two years out of bankruptcy, it had run through a chief executive, and its stock was languishing in the $30s, after trading as high as $75 the year before. Hedge funds and “special situation” investors were agitating for management to sell assets or even the whole company to boost the share price.
Soon after Leuliette became CEO, one such investor, anxious to cash out, asked him, “Can you get the stock to $50?” Leuliette’s reply: “It’s not important that I sell assets to get to $50. I can get you to $50, $60, or $70. There is a strategy here. Give us time.”
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Tencent and Alibaba battle for internet dominance in China

18 March 2014 Last updated at 20:01
Tencent and Alibaba battle for internet dominance in China
By Kim GittlesonBBC business reporter, Singapore
It’s been called “the most expensive competition in online history” – but it’s one you might not have heard about.
More than 15 years ago, two firms launched in China within months of each other, looking to take advantage of the growing numbers of internet users in the country. Read more of this post

TED turns 30 with new chapter of ‘ideas worth spreading’

TED turns 30 with new chapter of ‘ideas worth spreading’
Saturday, 22 March, 2014, 4:25pm
Agence France-Presse in Vancouver
TED turns 30 years old with a mind-sizzling mix of intrigue, wonder and passion in the renowned gathering’s new home in Canada.
A conference born in California in 1984 that grew into a global forum for heady “ideas worth spreading” ended Friday after gazing thoughtfully at the past and looking optimistically ahead. Read more of this post

Breaking the third-generation curse in the family businesses; professionalisation can be easily executed but it can dilute family capital

Breaking the third-generation curse in the family businesses
The Nation
March 22, 2014 1:00 am
Wanchalerm: In the third generation, professionalisation can be easily executed but it can dilute family capital. Family businesses must place emphasis on managing family capital to ensure that the business becomes self-sustaining across generations. Read more of this post

The co-innovation sweet spot; Companies pursuing a strategy of co-innovation can mess up in two ways: changing too little or changing too much

The co-innovation sweet spot
Howard Yu and Jean-Louis Barsoux, The Jakarta Post | Business | Sat, March 22 2014, 12:58 PM
Companies pursuing a strategy of co-innovation can mess up in two ways: changing too little or changing too much
Shifting industry boundaries mean that change is happening faster and coming at us from all directions. It is becoming harder to keep up by innovating alone. Read more of this post

One of America’s Largest Hospitals Brings Google Glass Into the ER

ONE OF AMERICA’S LARGEST HOSPITALS BRINGS GOOGLE GLASS INTO THE ER
BOSTON’S BETH ISRAEL DEACONNESS MEDICAL CENTER, ONE OF AMERICA’S LARGEST HOSPITALS, IS TESTING GOOGLE GLASS IN THEIR ER SO DOCTORS DON’T HAVE TO BREAK EYE CONTACT WITH PATIENTS WHILE TREATING THEM.
BY NEAL UNGERLEIDER
Patients at Boston’s Beth Israel Deaconness Medical Center (BIDMC) might notice something different if they end up in the emergency room: Their doctors wear Google Glass. The huge hospital is at the forefront of a movement that uses augmented reality technology to improve service, efficiency, and comfort in the waiting room. Since December 2013, four ER doctors have been sporting neon, hunter’s-orange Google Glasses on the job–and more than 10 other clinicians have been participating in testing Google Glass out. Read more of this post

Why the Dollar Endures: The U.S. currency’s wide appeal owes much to the weaknesses of the global monetary system

Why the Dollar Endures
By ESWAR S. PRASADMARCH 21, 2014

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ITHACA, N.Y. — Why hasn’t the dollar plunged?
Since the 2007-8 global financial crisis, the public debt of the United States government has soared to $17.4 trillion, roughly equivalent to America’s annual gross domestic product. The Federal Reserve has pumped more than $1 trillion into the economy in an attempt to spur lending — and, in effect, weaken the dollar. Uncle Sam’s credit rating was downgraded, for the first time ever, in 2011. Round after round of fighting over the debt ceiling led to a government shutdown last October. Bitter gridlock has made it difficult for America to get its fiscal house in order. Read more of this post

Looking for Ways to Keep Money From Dividing a Family

Looking for Ways to Keep Money From Dividing a Family
MARCH 21, 2014
Business leaders talk after a symposium called “Successful Multigenerational Families” in New York. The event drew dozens of wealthy people focused on handling their money in a way that would not divide their families. Read more of this post

Don’t Worry, Get Botox; If you can’t frown, it may be harder to be depressed

Don’t Worry, Get Botox
MARCH 21, 2014

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A Pension Fund Invests Against the Rules, and Wins; While some call its strategy crazy, the Tampa firefighters and police officers pension fund has benefited from ignoring widely embraced investment doctrine

A Pension Fund Invests Against the Rules, and Wins
MARCH 21, 2014

For decades, Harold J. Bowen III has managed the Tampa firefighters and police officers pension fund to all but unheard-of returns. CreditTami Chappell for The New York Times
By JAMES B. STEWART

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Are the trustees of the Tampa firefighters and police officers pension fund out of their minds?
“Quite a few people tell me we’re crazy,” Richard Griner, a 41-year-old Tampa police detective and vice chairman of the pension fund’s board, told me this week. “I go to quite a few investment conferences. They just can’t believe that we do this the way we do. But then I tell them the numbers, and they tend to shut up.” Read more of this post

What The Greatest Self-Help Books Of The Last Decades Can Teach You In 7 Minutes

Kathy Caprino, Contributor
3/21/2014 @ 11:22AM |9,187 views
What The Greatest Self-Help Books Of The Last Decades Can Teach You In 7 Minutes
As a writer, I’m fortunate to connect with authors and experts all over the globe who have vitally important messages to share. While each of these experts sees the world in his or her own very unique way, and shares a special filter or perspective on life, progress and success, when you peel the onion on these messages, there are many recurring themes and threads. Read more of this post

How To Get More Done: Time Management For The Rest Of Us

Paul B. Brown, Contributor
3/22/2014 @ 5:29AM |419 views
How To Get More Done: Time Management For The Rest Of Us
It’s inevitable.
You work starts to pile up, your “to do” list gets longer, and you reach the point where you are putting in all the hours you possibly can. As a result, you start groping around for any and all ideas that could ease your workload. Read more of this post

Art & Architecture: The Treasures of Marwariland; The Marwaris trace their descent to a small pocket of Rajasthan, a state with an opulent tradition of art and architecture

Art & Architecture: The Treasures of Marwariland
by Kishore Singh | Mar 22, 2014

The Marwaris trace their descent to a small pocket of Rajasthan, a state with an opulent tradition of art and architecture
The Marwaris have little to do with Marwar (or Jodhpur, as most people know the capital) in spite of the moniker they bear with such pride; they were originally from the Shekhawati region: Small towns in a triangle that lay between Delhi, Jaipur and Bikaner. (Ironically, there they weren’t known as Shekhawats, that nomenclature being claimed by the Rajputs.) They flourished as businessmen with an acute sense of enterprise, making money from the satta markets and stock exchanges of cities and countries far from their own.

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Adios, 3-to-5 day money transfers; Ripple Labs is building a fast, global money transfer and exchange infrastructure — and taking a few pages from the book of bitcoin

Adios, 3-to-5 day money transfers
March 21, 2014: 3:10 PM ET
Ripple Labs is building a fast, global money transfer and exchange infrastructure — and taking a few pages from the book of bitcoin.
By David Z. Morris
FORTUNE — On March 18th, the National Automated Clearing House Association declared that it was leading the way towards same-day transaction settlements through the ACH system, which is used in the majority of U.S. interbank transfers, credit card payments, and a growing percentage of bill payments. Anyone who has ever conducted a transfer through an institution using ACH will welcome the initiative – most ACH transfers still take 3-5 days, not including weekends, even between major U.S. banks. Read more of this post

The Best Enterprise Software Companies And CEOs To Work For In 2014

Louis Columbus, Contributor
3/18/2014 @ 9:34PM |16,404 views
The Best Enterprise Software Companies And CEOs To Work For In 2014
Every year Price Waterhouse Coopers (PWC) publishes their annual list of theGlobal 100 software leaders. The study’s home page provides key take-awaysand a link to the full study, which you can download for free here. PWC strives to create a fair and impartial index of the world’s most successful software companies, and it’s an excellent read. Read more of this post

Nudge Theory: Behavioural economics is a hot idea for policy makers in the UK and US. But what can it really achieve?

March 21, 2014 1:07 pm
Behavioural economics and public policy
By Tim Harford
The past decade has been a triumph for behavioural economics, the fashionable cross-breed of psychology and economics. First there was the award in 2002 of the Nobel Memorial Prize in economics to a psychologist, Daniel Kahneman – the man who did as much as anything to create the field of behavioural economics. Bestselling books were launched, most notably by Kahneman himself (Thinking, Fast and Slow , 2011) and by his friend Richard Thaler, co-author of Nudge (2008). Behavioural economics seems far sexier than the ordinary sort, too: when last year’s Nobel was shared three ways, it was the behavioural economist Robert Shiller who grabbed all the headlines. Read more of this post

Nudge Theory: Behavioural economics is a hot idea for policy makers in the UK and US. But what can it really achieve?

March 21, 2014 1:07 pm
Behavioural economics and public policy
By Tim Harford
The past decade has been a triumph for behavioural economics, the fashionable cross-breed of psychology and economics. First there was the award in 2002 of the Nobel Memorial Prize in economics to a psychologist, Daniel Kahneman – the man who did as much as anything to create the field of behavioural economics. Bestselling books were launched, most notably by Kahneman himself (Thinking, Fast and Slow , 2011) and by his friend Richard Thaler, co-author of Nudge (2008). Behavioural economics seems far sexier than the ordinary sort, too: when last year’s Nobel was shared three ways, it was the behavioural economist Robert Shiller who grabbed all the headlines. Read more of this post

Games makers dare to dream of a virtual reality future

Last updated: March 21, 2014 7:58 pm
Games makers dare to dream of a virtual reality future
By Tim Bradshaw in San Francisco
For the past 20 years, virtual reality has been just that: a technological dream that failed to break through into the real world. The previous time an established leader in the video-games industry tried to bring VR to life, Nintendo – riding high on the success of its Game Boy – launched the Virtual Boy in 1995. The clunky red headset was barely on the shelves for a year before the Japanese group abandoned the project, amid complaints of headaches from its monochrome screen. Read more of this post

Brave new world of electronic bond markets; Single-dealer bond trading venues are falling out of favour

March 21, 2014 1:04 pm
Brave new world of electronic bond markets
By Michael Chuang
Single-dealer bond trading venues are falling out of favour
As bond markets continue the march towards greater electronic execution, there are increasing signs that bond trading venues owned by single dealers will not have much of a role in the new world. Read more of this post

China bears face investment challenge; Hurdles make it difficult to place bets on corporate downturn

March 21, 2014 6:31 am
China bears face investment challenge
By Josh Noble in Hong Kong, Ralph Atkins and Delphine Strauss in London
Like their furry namesakes, China bears often go into hibernation – whether due to improving economic data, government stimulus measures, a rising currency, or bulging foreign exchange reserves.
But as spring arrives, the bears are back out in force. China has recently witnessed its first bond default of modern times, its biggest currency sell-off in years, a fresh slide in its equity markets, and multiple downgrades to growth forecasts. Investors have rarely been so universally negative on the world’s second-largest economy.

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Tomorrow’s internet, controlled by the powerful; An organisation that is being regulated by everybody might as well be regulated by nobody

March 21, 2014 6:39 pm
Tomorrow’s internet, controlled by the powerful
By Christopher Caldwell
An organisation that is being regulated by everybody might as well be regulated by nobody
The US commerce department announced a week ago that it was ready to relinquish the last part of the internet that the government formally controls: the business of assigning online names and addresses. To those troubled by the extensive National Security Agency programmes Edward Snowden revealed last year, that may sound like good news. Most people would sooner have the world’s internet users regulate the system by consensus than hand over control to the government. Alas, that is not the choice on offer. Read more of this post

Social Media: Not the First to Own Kids’ Minds; Alison Gopnik on a much older technology that Socrates complained about

The Kid Who Wouldn’t Let Go Of ‘The Device’
March 21, 2014 7:03 p.m. ET
How does technology reshape our children’s minds and brains? Here is a disturbing story from the near future.
They gave her The Device when she was only 2. It worked through a powerful and sophisticated optic nerve brain-mind interface, injecting its content into her cortex. By the time she was 5, she had been utterly swept away into the alternate universe that The Device created. Read more of this post

Using a Foreign Tongue Can Clear Your Mind; Considering and discussing an emotionally freighted problem in a foreign tongue may help you make a more rational choice, research shows

Foreign Tongue, Clearer Mind
DANIEL AKST
March 21, 2014 7:27 p.m. ET

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Facing an emotionally freighted decision? If you speak a second language, you’re in luck. Considering and discussing the problem in a foreign tongue may help you decide more rationally.
In a new paper, scientists in Barcelona and Jerusalem report on a series of experiments in which bilingual volunteers made more rational decisions when using their second language. Participants in each experiment were split into two groups: One was given problems in their native language, and the other was presented with the same problems in their second language. Read more of this post

The Drone That Shot Down the Feds: How a 29-year-old Austrian buzzed the Statue of Liberty, built a business, and beat U.S. regulators in court

The Drone That Shot Down the Feds
How a 29-year-old Austrian buzzed the Statue of Liberty, built a business, and beat U.S. regulators in court.
DAVID FEITH
March 21, 2014 7:19 p.m. ET
Hong Kong
Jeff Bezos at Amazon hasn’t done it. Nor has Fred Smith at FedEx FDX +0.21% or Scott Davis at UPS. No American CEO has persuaded Washington to relax its chokehold on commercial drone use in the United States. But this month a 29-year-old Austrian entrepreneur living here in Asia broke Washington’s drone monopoly, winning a court case that may clear the way for drones to deliver packages to your doorstep. Read more of this post

The Problem With Selling Plain Vanilla in Our Information-Rich Digital Economy

March 21, 2014, 1:12 PM ET
The Problem With Selling Plain Vanilla in Our Information-Rich Digital Economy
IRVING WLADAWSKY-BERGER
I recently read an intriguing column, The End of Mass Production, by technology author and columnist Kevin Maney. I first met Mr. Maney several years ago when he was at USA Today, and have always enjoyed his columns and books. Read more of this post

Currency Risks Could Grow in Emerging Markets

March 20, 2014, 5:24 PM ET
Currency Risks Could Grow in Emerging Markets
EMILY CHASAN
Corporations could be entering a new phase of currency volatility. Emerging-market currencies in countries such as Argentina, India and China could have a bigger impact on earnings in the coming years.
“In the very long term there’s a good reason to invest in emerging markets, however in the next few years I think we’ll see a lot of volatility,” said Bilal Hafeez, Deutsche Bank AG’s global head of foreign exchange strategy. Read more of this post

NetApp CFO: The Finance Chief’s Role Is Growing

March 21, 2014, 5:43 AM ET
NetApp CFO: The Finance Chief’s Role Is Growing
In so many industries, chief financial officers have to think more about technology, data and security. Nick Noviello is the chief financial officer of NetApp Inc., a provider of storage and data management solutions based in Sunnyvale, Calif. He spoke with CFO Journal Editor Noelle Knox about the decisions many CFOs are facing. Read more of this post

The World’s Riskiest Stock Market? Russia’s Stock Market Is Now Among the World’s Cheapest. It Could Also Be a Screaming Risk

The World’s Riskiest Stock Market?
Russia’s Stock Market Is Now Among the World’s Cheapest. It Could Also Be a Screaming Risk.
JOE LIGHT
March 21, 2014 3:04 p.m. ET
Rarely does a nation’s stock market get this cheap. But investors who want a taste better have a strong stomach.
Russia’s RTS Index is down 21% this year on fears that an escalating crisis in Ukraine could lead to damaging sanctions from Western countries or armed conflict. Read more of this post

The Power of ‘Thick’ Data: Businesses need to know how a product or service fits into the emotional lives of their customers

The Power of ‘Thick’ Data
Businesses need to know how a product or service fits into the emotional lives of their customers
CHRISTIAN MADSBJERG and MIKKEL B. RASMUSSEN
March 21, 2014 7:15 p.m. ET

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Lego analyzed data and arrived at a moment of clarity: They needed to “go back to the brick.”
At its core, all business is about making bets on human behavior. Which product is most likely to sell, what employee is most likely to succeed, what price is a customer willing to pay? Companies that excel at making these bets tend to thrive in the marketplace.
So it’s no wonder that the latest fad in the business world is Big Data—massive data sets sifted by powerful analytical tools. Big Data can be an extraordinary tool, helping to gather new information about our behavior and preferences. What it can’t explain is why we do what we do. Read more of this post