“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

Economists wield big influence in merger reviews

Economists wield big influence in merger reviews

By Holly Yeager, Published: June 2

When executives from Comcast and Time Warner Cable met with Federal Communications Commission staffers last month to make the case for their merger, the expected antitrust and communications lawyers went along with them.

But the companies also took four economists — part of a highly specialized but low-profile set of number-crunchers who can be highly influential when it comes to winning approval for big deals like these. Read more of this post

The domestic tobacco industry is facing a downturn in the sale of hand-rolled clove cigarettes, as consumers shift to machine-made ones – a situation that could see job losses in the industry

Dim outlook for hand-rolled clove cigarettes

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Linda Yulisman, The Jakarta Post, Jakarta | Business | Mon, June 02 2014, 12:07 PM

The domestic tobacco industry is facing a downturn in the sale of hand-rolled clove cigarettes, as consumers shift to machine-made ones — a situation that could see job losses in the industry.
Market share of hand-rolled cigarettes has fallen from 32.8 percent in 2009 to 26.07 percent at present. In contrast, sales of machine-made clove cigarettes have risen, leading to an increase in market share from 59.24 to 66.2 percent during the same period. Read more of this post

Court battle and legal nightmare for Singaporean property investors after Malaysian developer went bust; Beware of pitfalls in overseas property markets

Court battle after developer went bust

Tuesday, Jun 03, 2014

Rachael Boon

The Straits Times

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Troops deployed from China’s provinces laughed as they shot randomly at pro-democracy protesters in Tiananmen Square, according to a US account declassified Tuesday for the 25th anniversary

Troops ‘laughing’ in Tiananmen crackdown

Wednesday, June 4, 2014 – 09:51

AFP

WASHINGTON – Troops deployed from China’s provinces laughed as they shot randomly at pro-democracy protesters in Tiananmen Square, according to a US account declassified Tuesday for the 25th anniversary. Read more of this post

Wary China keeps close watch as Tiananmen anniversary arrives

Wary China keeps close watch as Tiananmen anniversary arrives

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Tue, Jun 3 2014

By Sui-Lee Wee

BEIJING (Reuters) – Twenty-five years ago, Wang Nan took his camera and headed out to Beijing’s Tiananmen Square, where tens of thousands of people had gathered calling for democratic reforms. The 19-year-old told a friend he wanted to record history. Read more of this post

Spinoff takes Time Inc. back to the future

Spinoff takes Time Inc. back to the future

Wednesday, June 4, 2014 – 12:22

AFP

WASHINGTON – Storied magazine publisher Time Inc. gets a fresh start with its upcoming spinoff as an independent company in a challenging and fast-changing media landscape. Read more of this post

Bill Gates’ funded next-generation non-latex condom that feels like skin comes closer; Hydrogels are used in contact lenses and are being studied for use in wearable and implantable bionics

Next-generation condom that feels like skin comes closer

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June 4, 2014 – 12:33PM

Nicky Phillips

Robert Gorkin, left, and Sina Naficy demonstrate the new latex-replacement they are triallng for condoms. Photo: Tony Walters Read more of this post

Google Glass could become the future in surgery

Google Glass could become the future in surgery June 3, 2014 – 3:20PM Anahad O’Connor

Before scrubbing in on a recent Tuesday morning, Selene Parekh, an orthopaedic surgeon at Duke Medical Centre, slipped on a pair of sleek, black glasses – Google Glass, the wearable computer with a built-in camera and monitor. He gave the internet-connected glasses a voice command to start recording and turned to the middle-aged motorcycle crash victim on the operating table. Read more of this post

Bamboo that survived the atomic disaster, now at Nagasaki Museum

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Step by step, Apple locks users further into its ecosystem

Step by step, Apple locks users further into its ecosystem

June 3, 2014 – 3:43PM

Ben Grubb

For some observers, Apple chief executive Tim Cook was playing catch up with the incremental software announcements made on Tuesday.

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

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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

What Panera’s move to ‘clean ingredients’ reveals about eating today; The restaurant chain’s plan to eliminate artificial substances from its food shows that the perception of purity matters more today than, say, the amount of fat.

What Panera’s move to ‘clean ingredients’ reveals about eating today

Beth Kowitt

@bethkowitt

JUNE 3, 2014, 10:49 AM EDT

The restaurant chain’s plan to eliminate artificial substances from its food shows that the perception of purity matters more today than, say, the amount of fat.

Restaurant chain Panera Bread  PNRA -0.41%  announced a new food policy today—one that commits to what the company is calling “clean ingredients.” As part of the initiative, the chain will remove artificial colors, sweeteners, flavors, and preservatives from its food by 2016. Clean ingredients mean those you “don’t need a dictionary to understand,” says Panera CEO Ron Shaich. 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

What big data means to the Fortune 500

What big data means to the Fortune 500

Stephanie Mehta , Michal Lev-Ram , Shawn Tully

@FortuneMagazine

JUNE 2, 2014, 9:01 AM EDT

This year everyone from Barack Obama to Aetna CEO Mark Bertolini is talking about big data. We asked five Fortune 500 executives what it means to them. Read more of this post

China risks another Tiananmen tragedy in the coming years

China risks another Tiananmen tragedy in the coming years

Minxin Pei

@FortuneMagazine

MAY 31, 2014, 5:14 PM EDT

Relying on repression to maintain power may be the Chinese Communist Party’s undoing in the long run.

The Tiananmen Square tragedy of June 4, 1989 — a bloody suppression of a peaceful, pro-democracy movement 25 years ago this week — was truly a black-swan event. Read more of this post

Number of Fortune 500 women CEOs reaches historic high

Number of Fortune 500 women CEOs reaches historic high

Caroline Fairchild

@FortuneMagazine

JUNE 3, 2014, 6:00 AM EDT

This year’s list features six fresh faces as well as the noticeable absence of one high-powered tech executive.

For those keeping score of women on the Fortune 500, here’s some good news: The definitive ranking of America’s biggest companies boasts some 24 female CEOs, up from 20 a year ago, and more than at any point since Fortune started compiling executive gender in 1998. 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

Blogs that make the most money – and how to set up your own

Blogs that make the most money – and how to set up your own

As research shows fashion bloggers typically earn £1,116 a year, we look at blogging success stories – and explain how you could make it pay

By Charlotte Beugge

2:47PM BST 02 Jun 2014

Could your hobbies be the start of a new career? Every day, thousands of Britons share their ideas and tips on food, fashion, money-saving hints and other lifestyle interests through their blogs. And some make good money – even undreamed-of riches. 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

The Chinese technology companies poised to dominate the world; From PCs to smartphones, Chinese firms are outgrowing their home market and making their mark internationally

The Chinese technology companies poised to dominate the world

From PCs to smartphones, Chinese firms are outgrowing their home market and making their mark internationally

Charles Arthur

The Guardian, Tuesday 3 June 2014 12.52 BST

As we walked into Huawei’s offices in Shenzhen, southern China, our English guide paused for a moment. “When the FT came here, they wrote a story about how there were beds under the desks, and this meant that everyone must be working incredibly long hours,” he said. “Quite wrong.” Read more of this post

Many global retailers absent in India due to various reason; CBRE undertook a research study of 317 prominent global brands across numerous segments and geographies. Of these 317 brands, only 196 brands are operational in India.

Jun 03, 2014, 09.18 PM IST | Source: PTI
Many global retailers absent in India due to various reason

CBRE undertook a research study of 317 prominent global brands across numerous segments and geographies. Of these 317 brands, only 196 brands are operational in India.

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

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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

The Securities and Exchange Commission is readying new guidelines for firms that advise shareholders on corporate ballots, amid complaints by corporations that such advisers have too much influence

ISS, Other Proxy Advisers Pressed to Disclose Conflicts

SEC Readies New Guidelines for Firms That Advise Shareholders

ANDREW ACKERMAN, JOANN S. LUBLIN and THEO FRANCIS

Updated June 3, 2014 9:08 a.m. ET

The Securities and Exchange Commission is readying new guidelines for firms that advise shareholders on corporate ballots, amid complaints by corporations that such advisers have too much influence. Read more of this post

Time for Apple to ‘Think Different’ About Corporate IT?

June 3, 2014, 5:04 PM ET

Time for Apple to ‘Think Different’ About Corporate IT?

MICHAEL HICKINS

Apple Inc.AAPL +1.41% made clear Monday at its annual developer conference that it was opening its famously closed operating system environment in the hopes of attracting more innovative apps to its ecosystem. But these changes could make Apple devices less secure, and would seem to require an adjustment by Apple to how it relates to corporate IT departments, according to Stephen Gillett, chief operating officer at Symantec Corp.SYMC -1.05%, and former CIO of Starbucks Corp.SBUX +0.45% Read more of this post

Pizza Hut, KFC Embrace Web Over Apps for Hungry, Global Customers

June 3, 2014, 5:59 PM ET

Pizza Hut, KFC Embrace Web Over Apps for Hungry, Global Customers

CLINT BOULTON

Yum! Brands International is upgrading its Pizza Hut and KFC websites to allow consumers to order from any device with a Web browser, says Baron Concors, Pizza Hut’s chief digital officer. The websites will be built with HTML5 which better supports site performance across different devices and different size screens. Read more of this post

Virtual Biotechs: No Lab Space, Few Employees; New Generation of Startups Aim to Keep Costs Low While Pursuing Lofty Research Goals

Virtual Biotechs: No Lab Space, Few Employees

New Generation of Startups Aim to Keep Costs Low While Pursuing Lofty Research Goals

JEANNE WHALEN

June 3, 2014 1:37 p.m. ET

CAMBRIDGE, Mass.—Biotech startup Alkeus Pharmaceuticals Inc. has a lofty goal—curing childhood blindness—but its operating budget is anything but grand.

The company has zero full-time employees and no laboratory space. Chief Executive and co-founder Leonide Saad doesn’t draw a salary, and holds meetings in empty classrooms at the Massachusetts Institute of Technology or at an Au Bon Pain down the street. Read more of this post

Diageo Chief Remains Measured in Hunt for Acquisitions; Spirits Giant Stays the Course on Emerging Markets and Guinness

Diageo Chief Remains Measured in Hunt for Acquisitions

Spirits Giant Stays the Course on Emerging Markets and Guinness

PETER EVANS

June 3, 2014 2:01 p.m. ET

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Everyone’s going retro, says Ivan Menezes, CEO of Diageo. The company’s brands include Ciroc, Tanqueray, Baileys and Crown Royal. 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

NHN’s Line Corp., one of Asia’s fastest-growing makers of messaging applications, is considering listing its shares in Tokyo as early as this autumn and could be valued at over $9.8 billion

Line Mulls IPO as Soon as Autumn

Initial Public Offering Could Be Valued at Over $9.8 Billion

KANA INAGAKI

Updated June 3, 2014 12:03 p.m. ET

TOKYO—Line Corp., one of Asia’s fastest-growing makers of messaging applications, is considering listing its shares in Tokyo as early as this autumn, a person familiar with the company’s plans said, in a move that would help fund its overseas ambitions. Read more of this post

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