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How Billionaire Marc Benioff Becomes ‘Yoda’ To His Employees (And You Can, Too)

How Billionaire Marc Benioff Becomes ‘Yoda’ To His Employees (And You Can, Too)

JULIE BORT ENTERPRISE  JUN. 21, 2014, 6:15 PM

Apple cofounder Steve Jobs isn’t the only person with a “reality distortion field” able to charm people into doing things they thought were impossible.

His dear friend, Marc Benioff, cofounder and CEO of Salesforce.com, has a similar trait, one of his direct reports, Leyla Seka, tells Business Insider. Read more of this post

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Investors Just Threw A Ton Of Money At Unusually High-Risk Bonds For A Project That Doesn’t Make Money

Investors Just Threw A Ton Of Money At Unusually High-Risk Bonds For A Project That Doesn’t Make Money

MYLES UDLAND MARKETS  JUN. 22, 2014, 12:19 AM

“Where can you get 12% yield?”

Investors just took on a ton of risk to finance a new Florida passenger railway project being undertaken by Fortress Investment Group, reports Reuters’ Natalie Harrison and Shankar Ramakrishnan.

The project, called All Aboard Florida, plans to use existing freight railway on the east coast of Florida to carry passengers. Read more of this post

THE INSIDE STORY OF YO: How A ‘Stupid’ App Attracted Million Of Dollars And Rocketed To The Top Of The App Store

THE INSIDE STORY OF YO: How A ‘Stupid’ App Attracted Million Of Dollars And Rocketed To The Top Of The App Store

ALYSON SHONTELL TECH  JUN. 22, 2014, 8:49 AM

Moshe Hogeg was getting tired of asking his employee, Or Arbel, for a favor.

Hogeg, the CEO and founder of Tel Aviv company Mobli, had requested a simple way to get in touch with his wife and his assistant via his smartphone. Email chains were burdensome. Even texting encouraged longer conversations than Hogeg had time for. He envisioned a simple app with large buttons that, when pressed, would send a one-word notification to another person: “Yo.” The “Yo” would let the person know they were needed or being thought of. Read more of this post

More than half a million votes were cast for full democracy in Hong Kong by the second day of an unofficial online poll organized by activists and labeled illegal by China

Hong Kong Democracy Poll Gets Half a Million Votes by Second Day

By Natasha Khan June 21, 2014

More than half a million votes were cast for full democracy in Hong Kong by the s Read more of this post

Unblinking Eyes Track Employees: Workplace Surveillance Sees Good and Bad

Unblinking Eyes Track Employees

Workplace Surveillance Sees Good and Bad

By STEVE LOHRJUNE 21, 2014

A digital Big Brother is coming to work, for better or worse.

Advanced technological tools are beginning to make it possible to measure and monitor employees as never before, with the promise of fundamentally changing how we work — along with raising concerns about privacy and the specter of unchecked surveillance in the workplace. Read more of this post

How Inherited Wealth Helps the Economy

How Inherited Wealth Helps the Economy

JUNE 21, 2014

By N. GREGORY MANKIW

An undated photograph shows John D. Rockefeller, wearing a bow tie, and family members

Is inherited wealth making a comeback?

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Yes, says Thomas Piketty, author of the best seller “Capital in the Twenty-First Century.” Inherited wealth has always been with us, of course, but Mr. Piketty believes that its importance is increasing. He sees a future that combines slow economic growth with high returns to capital. He reasons that if capital owners save much of their income, their wealth will accumulate and be passed on to their heirs. He concludes that individuals’ living standards will be determined less by their skill and effort and more by bequests they receive. Read more of this post

CEO Victor Luis talks Coach’s turnaround strategy

CEO Victor Luis talks Coach’s turnaround strategy

Phil Wahba

JUNE 20, 2014, 12:05 PM EDT

Fortune’s exclusive interview with the Coach CEO discusses the company’s 5-year plan.

Coach  COH -2.69%  laid out on Thursday the strategy it hopes will help it win back the market share it has lost in North America to the likes of Michael Kors  KORS -0.85% and kate spade  KATE 2.59% , and accelerate its growth overseas. Read more of this post

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