Tipping Points to Asia’s Future

YURIKO KOIKE

Yuriko Koike, Japan’s former defense minister and national security adviser, was Chairwoman of Japan’s Liberal Democratic Party’s General Council and currently is a member of the National Diet.

MAY 23, 2014

Tipping Points to Asia’s Future

TOKYO – A week, it is said, is a long time in politics. But events in Asia over the past week may define the region for decades to come. Read more of this post

Bunny boilers: Sichuan devours 42m kilos of rabbit a year

Bunny boilers: Sichuan devours 42m kilos of rabbit a year

Staff Reporter

2014-05-22

People in Sichuan have a penchant for rabbit meat, consuming 42 million kilograms a year, or an average of two rabbits a person, according to the WCC Daily. Read more of this post

Microsoft’s golden era in China coming to an end

Microsoft’s golden era in China coming to an end

Staff Reporter

2014-05-24

Chinese authorities announced on May 16 that Windows 8 will be banned from government computers. Read more of this post

Was Thai Army chief’s meeting with political bigwigs cover for a coup?

Was Thai Army chief’s meeting with political bigwigs cover for a coup?

AP

MAY 24, 2014

BANGKOK – Thailand’s all-powerful army chief started the extraordinary meeting by asking participants to give a progress report on their “homework.” Read more of this post

The extraordinary, depressing power of failing upwards; If you’ve noticed (and who hasn’t?) that less diligent, less dependable employees often get ahead faster than their peers, here’s why

The extraordinary, depressing power of failing upwards

By Anne Fisher, contributor May 23, 2014: 5:00 AM ET

If you’ve noticed (and who hasn’t?) that less diligent, less dependable employees often get ahead faster than their peers, here’s why. Read more of this post

Suneeta Reddy: Linking the Health and Wealth of a Country

Suneeta Reddy: Linking the Health and Wealth of a Country

by Suneeta Reddy | May 23, 2014

India waits for concrete policy measures to create a health care system rooted in affordability, quality and accessibility Read more of this post

India’s Recent Election Gives It The Best Chance Of Prosperity Ever

India’s Recent Election Gives It The Best Chance Of Prosperity Ever

THE ECONOMIST POLITICS  MAY. 24, 2014, 2:29 AM

The most important change in the world over the past 30 years has been the rise of China. The increase in its average annual GDP per head from around $300 to $6,750 over the period has not just brought previously unimagined prosperity to hundreds of millions of people, but has also remade the world economy and geopolitics. Read more of this post

28 Years Of Psychology Shows That “Expressive Writing” Makes You Way Happier

28 Years Of Psychology Shows That “Expressive Writing” Makes You Way Happier

DRAKE BAER STRATEGY  MAY. 24, 2014, 4:22 AM

If writing about the difficult parts of your life were a drug — called “expressive writing” in the literature — it would be making bank for some faceless pharmaceutical company.

The British journal Advances in Psychiatric Treatment reports that health outcomes include:  Read more of this post

Thai military makes paying rice farmers a priority

Thai military makes paying rice farmers a priority

Saturday, May 24, 2014 – 17:04

Reuters

BANGKOK – Thailand’s military junta and the finance ministry will meet on Monday to discuss how to pay rice farmers over US$2.5 billion (S$3.13 billion) owed under a failed subsidy scheme run by the government the military overthrew on Thursday. Read more of this post

Aeropostale could raise going concern doubts as the struggling teen apparel retailer burns up cash amid mounting losses

Aeropostale could raise going concern doubts: Morgan Stanley

Fri, May 23 2014

(Reuters) – Aeropostale Inc (ARO.N: Quote,ProfileResearchStock Buzz) could raise going concern doubts as soon as next year, as the struggling teen apparel retailer burns up cash amid mounting losses, Morgan Stanley analysts warned. Read more of this post

Twitter to take India election innovations global

Twitter to take India election innovations global

3:57am EDT

By Aditya Kalra

NEW DELHI (Reuters) – U.S. social networking company Twitter is planning to replicate parts of its India election strategy across countries that go to polls this year, after it emerged as a key tool for politicians and media companies during the world’s largest democratic exercise. Read more of this post

Buffett Too Rich for Buffett Is Sign Bargains Are Gone

Buffett Too Rich for Buffett Is Sign Bargains Are Gone

Warren Buffett gave a nice, simple explanation for why Berkshire Hathaway Inc. (BRK/A) didn’t buy back any of its own shares in 2013: The stock just wasn’t cheap enough.

Buffett told shareholders in his annual letter that in order to trigger repurchases, the stock would have to trade for 120 percent of book value or less. (A company’s book value refers to its assets minus liabilities, and not the size of the contract Michael Lewis could fetch for writing about it.) Berkshire is trading at 138 percent of book, or a price-to-book ratio of 1.38. The multiple hasn’t dipped below 1.2 since 2012.

Read more of this post

2 Things Successful People Do Over 3-Day Weekends

12 Things Successful People Do Over 3-Day Weekends

JACQUELYN SMITH CAREERS  MAY. 24, 2014, 9:00 AM

Successful people spend time with family and friends over long weekends.

We’re heading into a holiday weekend — and most successful people have planned out (or at least thought about) what they’ll do over the next three days.  Read more of this post

7 Stupid Ways Smart People Sabotage Their Success

7 Stupid Ways Smart People Sabotage Their Success

RICHARD FELONI STRATEGY  MAY. 24, 2014, 9:45 AM

Sometimes the smartest people do things that seem to make no sense at all.

A group of Quora users drew from their experiences to address the question “What are some stupid things that smart people do?” The answers provide ways to overcome some of the common ways intelligent people unknowingly undermine themselves.

We’ve highlighted a few below.

1. They spend too much time thinking and not enough time doing. Read more of this post

cDonald’s Indigestible Excuse for Low Pay

McDonald’s Indigestible Excuse for Low Pay

By TERESA TRITCH

MAY 23, 2014 5:30 PM

When Henry Ford realized it was good business to pay employees enough to buy the products they built, it was a breakthrough, not only because the idea challenged the reflex to pay as little as possible, but because the product was a car. He was talking real bucks. Read more of this post

Fat-Cat Administrators at the Top 25; Higher executive pay at public universities pairs with raised tuition, fewer course offerings and an increase in miserably paid adjuncts

Fat-Cat Administrators at the Top 25

By THE EDITORIAL BOARDMAY 23, 2014

Confronted with punishing state budget cuts, the public colleges and universities that educate more than 70 percent of this country’s students have raised tuition, shrunk course offerings and hired miserably paid, part-time instructors who now form what amounts to a new underclass in the academic hierarchy. At the same time, some of those colleges and universities are spending much too freely on their top administrators. Read more of this post

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions; For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill.

Amazon’s Tactics Confirm Its Critics’ Worst Suspicions

By FARHAD MANJOO

MAY 23, 2014 4:29 PM 25 Comments

Amazon is confirming its critics’ worst fears and it is an ugly spectacle to behold.

For years, authors and publishers have warned that Amazon,Jeff Bezos’ book-selling giant, would one day use its power for ill. Sure, so far, Amazon has marketed itself as a book buyer’s best friend. It sells books at terrifically low prices, it delivers them amazingly quickly, and it constantly invents new technologies to improve the way we read. Amazon has also invested heavily in publishing new authors and it has pushed exciting new formats made possible by electronic distribution. Read more of this post

Gerald M. Edelman, Nobel Laureate and ‘Neural Darwinist,’ Dies at 84

Gerald M. Edelman, Nobel Laureate and ‘Neural Darwinist,’ Dies at 84

By BRUCE WEBERMAY 22, 2014

Dr. Gerald M. Edelman at Rockefeller University in 1972, in front of a gamma globulin model.CreditDon Hogan Charles/The New York Times

image001-1 Read more of this post

Even Fruit Flies Need a Moment to Think It Over; Researchers have found that when faced with hard choices, fruit flies take more time to make a decision

Even Fruit Flies Need a Moment to Think It Over

By DOUGLAS QUENQUAMAY 22, 2014

Researchers have found that when faced with hard choices, fruit flies take more time to make a decision. CreditAmy Xinyang Hong and Cedric Tan Read more of this post

A Creationist’s Influence on Darwin

A Creationist’s Influence on Darwin

MAY 23, 2014

George Johnson

In my last column, about the eerie machine-like nature of the AIDS virus, I mentioned William Paley, the 19th-century theologian best known today for his argument supporting creationism: Something as complex as a mechanical watch clearly would not exist without a creator. Thus we can infer that the intricacy of our bodies — and those of all creatures — is the work of God. Read more of this post

A Theory on How Flightless Birds Spread Across the World: They Flew There

A Theory on How Flightless Birds Spread Across the World: They Flew There

image001

MAY 22, 2014

An artist’s depiction of the elephant bird, now extinct, which lived on Madagascar and could grow to a height of nine feet. CreditBrian Choo Read more of this post

Silver Too Small to See, but Everywhere You Look; Silver nanoparticles are turning up in a variety of consumer products, and some scientists worry over the environmental and health consequences

Silver Too Small to See, but Everywhere You Look

By DEBORAH BLUM

MAY 23, 2014 2:41 PM 6 Comments

Several years ago, a mosquito bite on Elizabeth Loboa’s right leg became infected, turning into an oozing sore that refused to heal. Her doctor prescribed a stiff course of antibiotics. But Dr. Loboa decided to try another remedy. Read more of this post

A Revolutionary Approach to Treating PTSD: Bessel van der Kolk wants to change the way we heal a traumatized mind – by starting with the body. CreditIllustration by Matthew Woodson

A Revolutionary Approach to Treating PTSD

By JENEEN INTERLANDIMAY 22, 2014

Bessel van der Kolk wants to change the way we heal a traumatized mind — by starting with the body.

Bessel van der Kolk sat cross-legged on an oversize pillow in the center of a smallish room overlooking the Pacific Ocean in Big Sur. He wore khaki pants, a blue fleece zip-up and square wire-rimmed glasses. His feet were bare. It was the third day of his workshop, “Trauma Memory and Recovery of the Self,” and 30 or so workshop participants — all of them trauma victims or trauma therapists — lined the room’s perimeter. They, too, sat barefoot on cushy pillows, eyeing van der Kolk, notebooks in hand. For two days, they had listened to his lectures on the social history, neurobiology and clinical realities of post-traumatic stress disorder and its lesser-known sibling, complex trauma. Now, finally, he was about to demonstrate an actual therapeutic technique, and his gaze was fixed on the subject of his experiment: a 36-year-old Iraq war veteran named Eugene, who sat directly across from van der Kolk, looking mournful and expectant. Read more of this post

The MacGyver Cure for Cancer

The MacGyver Cure for Cancer

By BONNIE ROCHMANMAY 23, 2014

Two decades ago, David Walmer went on a volunteer mission with his church to Haiti. He was sent to paint walls at a hospital in the seaside town of Léogâne, but when the people there learned that Walmer was a doctor — he was a fertility specialist at Duke University — they asked him to spend the week with a local obstetrician-gynecologist named Jean-Claude Fertilien. Walmer was shocked by what he saw: Fertilien finishing a hysterectomy with the aid of a flashlight when the hospital generator failed to restart, for instance, or when an anesthesiologist wasn’t available for an emergency C-section, the doctor just numbing the skin and cutting. At one point, Walmer was called to the bedside of a young woman in her mid-20s with undiagnosed cervical cancer who had gone into septic shock. There was nothing to be done for her, and she died right in front of him. Walmer was appalled. In the United States, cervical cancer is considered a preventable disease. Read more of this post

Can the Nervous System Be Hacked?

Can the Nervous System Be Hacked?

By MICHAEL BEHARMAY 23, 2014

Mirela Mustacevic, who suffers from rheumatoid arthritis, had a nerve stimulator implanted as part of a medical trial. Her symptoms have lessened significantly.CreditSarah Wong for The New York Times

Read more of this post

Class Field Trip Stops at a Local Pawnshop to learn about personal finance, economics and predatory lending

Class Field Trip Stops at a Local Pawnshop

MAY 23, 2014

By RON LIEBER

READING, Ohio — The last time Brian Page had to file the paperwork to evict a tenant from a rental property he and his wife own, he noticed all the check-cashing services and pawn shops on his drive home from the courthouse. A clerk tipped him off to what was going on: Every day, lots of people leave court with checks they’ve received in legal settlements. They often stop to cash their checks right away, paying a big fee for the privilege, and then go shopping with the money. Read more of this post

Never Mind Stocks. Just Buy the Company.

Never Mind Stocks. Just Buy the Company.

MAY 23, 2014

By PAUL SULLIVAN

AFTER years of litigation against the side of his family that controlled his grandfather’s coffee business, Steven D. Crowe woke up on New Year’s Day 2004 with a lot of money in the bank — $111 million, according to reports at the time. Having developed and managed real estate for decades, he said he knew little about the stock market, so he invested the money broadly for his mother and sister and his own family. Read more of this post

Alibaba’s American Aspirations

Alibaba’s American Aspirations

By DAVID GELLES, HIROKO TABUCHI and MICHAEL J. de la MERCEDMAY 23, 2014

Herb and Martha Oberman have made a good living on eBay for 17 years, selling paper collectibles like a $5,000 limited-edition menu from the Hotel Bel-Air, the Los Angeles hotel once frequented by Marilyn Monroe. Read more of this post

What happened to the idea of the Great Society?

May 22, 2014 5:15 pm

What happened to the idea of the Great Society?

By John Micklethwait and Adrian Wooldridge

Johnson’s noble vision had compelling objectives, say John Micklethwait and Adrian Wooldridge

Fifty years ago, Lyndon Johnson unveiled his vision of the “Great Society”. This would be one in which no child would go unfed and no youngster unschooled; a society in which the ancient evils of racism and injustice would be combated; a society, above all, in which the state would deliver justice and opportunity. Read more of this post

Roberto Cavalli is ready to consider a sale that would value the luxury company at €450m including debt at more than 15x EBITDA

May 23, 2014 6:15 pm

Roberto Cavalli in sale talks with Investcorp

By Anne-Sylvaine Chassany in London and Rachel Sanderson in Milan

Roberto Cavalli is in talks with private equity group Investcorp about a sale of a majority stake in his eponymous Italian fashion brand as negotiations with buyout investor Permira faltered. Read more of this post

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