“I got all my priorities wrong,” says prolific criminal lawyer Subhas Anandan, now 66. “I spent too much time in my life chasing after fame and recognition”

Confession of a lawyer who went from hero to speed zero

Wednesday, June 4, 2014 – 08:57

Jalelah Abu Baker

MyPaper

SINGAPORE -The man that rivals feared and clients pinned their hopes on has a confession to make.

“I got all my priorities wrong,” says prolific criminal lawyer Subhas Anandan, now 66 and looking gaunt, at his Leonie Hill home. Read more of this post

How United Technologies became a top gun

How United Technologies became a top gun

Shawn Tully

@FortuneMagazine

JUNE 2, 2014, 8:34 AM EDT

United Technologies CEO Louis Chenevert, here in Pratt & Whitney’s customer-training facility in East Hartford, Conn., has guided his conglomerate back to prominence in jet engines. — Photograph by Stephen Wilkes for Fortune

The ultra-profitable industrial giant has made a bundle outfitting skyscrapers in China. Now it’s shaking up the world of aviation. Read more of this post

8 family-owned Fortune 500 companies

8 family-owned Fortune 500 companies

Claire Zillman

@clairezillman

JUNE 2, 2014, 9:04 AM EDT

The phrase “family-owned business” conjures up images of mom-and-pop shops and friendly neighborhood restaurants. But some of America’s largest-grossing public companies started as – and remain – family-owned operations.

Wal-Mart

Sam Walton opened the very first Wal-Mart  WMT -0.07% in 1962 in Rogers, Arkansas. The Walton family, said to be worth $150 billion, still controls more than 50% of Wal-Mart. Sam Walton’s son Rob serves as company chairman. Read more of this post

The fascinating life of Penny Pritzker (so far): From a tragedy-filled youth to a contentious family battle, the Hyatt hotel heiress has always shown remarkable resilience. She’ll need it as President Obama’s newest Commerce Secretary.

The fascinating life of Penny Pritzker (so far)

Nina Easton

@FortuneMagazine

JUNE 2, 2014, 8:49 AM EDT

From a tragedy-filled youth to a contentious family battle, the Hyatt hotel heiress has always shown remarkable resilience. She’ll need it as President Obama’s newest Commerce Secretary.

As she makes the rounds on her first official visit to Silicon Valley earlier this year, Commerce Secretary Penny Pritzker takes special note of the airy, open-plan offices at Facebook’s Menlo Park, Calif., campus, including the glass-enclosed conference room where CEO Mark Zuckerberg regularly camps out. By contrast, her own headquarters, the Herbert C. Hoover Building, built in 1932, “is like a rabbit warren,” she complains to me. The Commerce Department’s offices are “very closed,” she says. “If information is the coin of the realm, I don’t want to have to go seeking it.” Read more of this post

How caring for my sick dad helped me reinvent my career

How caring for my sick dad helped me reinvent my career

Face Your Fears podcast: When corporate high flier Anna James’s father was diagnosed with Parkinsons’ Disease, she learned to re-evaluate her priorities and find out what’s important in life. Louisa Peacock reports

By Louisa Peacock

8:00AM BST 03 Jun 2014

What happens when everything you’ve ever worked for in the corporate world suddenly isn’t what you want anymore? Read more of this post

Beyond the Power Years: The Second Lives of Global Leaders

Beyond the Power Years: The Second Lives of Global Leaders

by Kathakali Chanda | Jun 4, 2014

After his tenure as PM, will Manmohan Singh retire to a quiet life or draft a role for himself, building on his many successes? We look at some public figures who quit office only to start afresh

The Elders in Oslo, in 2012

1. Nelson Mandela 
The man who led the anti-apartheid movement in South Africa, turned his post-presidential office at the Nelson Mandela Foundation into a base for charity work. Mandela was also at the forefront of the battle against HIV/AIDS, pushing governments to dub it a global emergency. In 2007, he founded The Elders, an organisation of world leaders working for peace and human rights.     Read more of this post

How a family can guard a luxury brand: Lessons from Patek Philippe

How a family can guard a luxury brand: Lessons from Patek Philippe

by Joachim Schwass, Denise Kenyon-Rouvinez and Anne-Catrin Glemser | Jun 4, 2014

Patek Philippe, the Swiss luxury watchmaker,recently turned 175 years old.The company is Geneva’s oldest independent family-owned watch manufacturer, and its long-term perspective is reflected in its iconic advertising:“You never actually own a Patek Philippe, you merely look after it for the next generation”. Read more of this post