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2 Mar 2015 - United States
Politics Drive Singapore'sDomestic politics, rule of law fuel Singapore casino restrictions, justified or not.
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Over lunch last week I was talking about a recent in-house corporate workshop I had done on personal branding online. As I looked up from my chicken salad, I could see the surprise on my friend's... face. He didn't get it. He's not entirely convinced that there is a need for paying attention to how he shows up digitally. He equates it with wasting time. Plus he found it surprising that any company would want to help their employees improve their digital selves. I explained that smart companies get it. They understand that online profiles are for much more than simply looking for your next job. Smart companies understand those profiles are a reflection of their staff and an indirect reflection of the company. They see that a work force that understands how to use social networking to their...
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Glencore Faces Hit From Big Coal Bet

Wall Street Journal - 2 Mar 2015 04:17
Investors will get their first look on Tuesday at a full year of Glencore's financial results since it acquired Xstrata and its ample coal reserves in 2013. Coal prices are off about 25% since then.
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Here's what entrepreneurship 3.0 looks like

Venture Beat - 2 Mar 2015 04:00
Here's what entrepreneurshipGuest:In the past 10 years, some billion dollar businesses businesses have gotten there with little or no venture capital, but in this new era they won't be the exception.
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Shakeup at Google! BradleyDavid Besbris, the former head of Google's social network, is said to be out.
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News Corp. Set to RehireAfter being acquitted in a British phone hacking scandal, Ms. Brooks is expected to take an executive role seeking ways to expand the company's digital endeavors, people familiar with its plans said.
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NEW YORK (The Street) NXP Semiconductors is close to a deal to acquire rival Freescale Semiconductor in a $40 billion cash and stock merger, according to news reports. Freescale has little exposure... to the mobile and consumer markets, and NXP would expand in the auto and industrial markets with the purchase, the reports said, citing two people familiar with the matter. The deal may position NXP to benefit from the rise of the connected car. Tech giant Apple  is reportedly developing its own automobile. Freescale has said it expects its sales in the automotive and wireless infrastructure markets to increase further. The deal could come as soon as Monday, and terms include NXP paying a little over Freescale's $11 billion current market capitalization. The combined company will have a...
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Warren Buffett wishes heIn Warren Buffett's 2014 letter to Berkshire Hathaway shareholders, the Oracle of Omaha looks back at his 50 years at company. He recalls an event that he characterized as "a monumentally stupid... decision." Believe it or not, it was the aggressive takeover of Berkshire Hathaway, a textile factory that was basically doomed to fail. The "decision" occurred in 1964 when Buffett, then an owner of just 7% of Berkshire, had the opportunity to sell his stake in the company at a quick profit. On May 6, 1964, Berkshire Hathaway, then run by a man named Seabury Stanton, sent a letter to its shareholders offering to buy 225,000 shares of its stock for $11.375 per share. I had expected the letter; I was surprised by the price. Berkshire then had 1,583,680 shares outstanding. About 7% of these were...
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Data Security Is Becoming the Sparkle in Bitcoin

The New York Times - 2 Mar 2015 02:48
Data Security Is Becoming theWith the price of Bitcoin plummeting, the technology that stores the currency's transactions is gaining value as a safe and open way to keep other kinds of records.
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OMAHA, Neb. -- The crowd at this year's Berkshire Hathaway annual meeting is likely to top 40,000 as the company marks 50 years of Warren Buffett's leadership. Berkshire investors routinely fill... Omaha's downtown arena and overflow rooms at the conference center and a hotel across the street for the meeting. The main attraction at the event is Buffett and Vice Chairman Charlie Munger answering questions for several hours. Besides the Q-and-A session, Berkshire is planning some special attractions to celebrate this year. Not long before the arena doors open at 7 a.m. on May 2, a couple executives at Berkshire's Justin Boot subsidiary will ride two Texas longhorns down the street ahead of a Wells Fargo stagecoach, which is fitting since Berkshire is the bank's largest shareholder. "Berkshire...
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Tax-evasion allegations aren't HSBC's only problem

Business Insider - 2 Mar 2015 00:35
Tax-evasion allegations aren'tStuart Gulliver, the boss of HSBC, grumbles that publicly owned businesses are now being held to a higher standard of behaviour than bishops. A more apt comparison might be medieval monks, given the... self-flagellation that the London-based banking giant has felt obliged to perform in the wake of a tax-dodging scandal. It has run grovelling, full-page apologies in newspapers, admitting that the episode is a "source of shame", and sent top brass to sit in the stocks in front of the British parliament's tomato-wielding Treasury committee. The cause of this penance is the leaking to the media of a list of over 100,000 people who held accounts at HSBC's Swiss arm in 2005-07. The documents appeared to contain evidence that HSBC bankers connived in clients' tax evasion. The bank has also had to...
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Treat and hire employees and family the same

News Observer - 2 Mar 2015 07:00
It's a dilemma many business owners face at one time or another. Should you hire your own family members to work at your retail business? Ann Close, managing member and…
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(Reuters) - Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to... ward off deflation in the world's second-largest economy. Cuts to benchmark lending and deposit rates, announced by the People's Bank of China (PBOC) on Saturday evening, pre-empted official data released on Sunday that showed a second consecutive month of shrinking manufacturing activity for February.
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Bits Blog: AT&T's Chief ofRalph de la Vega says there's plenty of business to be found in a brave new world where just about everything is connected to the Internet.
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How to deal with Email after a long vacation

Venture Beat - 2 Mar 2015 06:15
How to deal with Email after aYou don't have to be stressed out by the flood of messages waiting when you get back.
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Are You Struggling With Struggle?

The Huffington Post - 2 Mar 2015 06:00
Are You Struggling WithHow much have you thought about struggle? If you're like most people, you try not to think about it. And yet you think about it a lot, especially about how hard it is and how much you hate it. Most... people hate struggle, primarily because they see struggling as a sign of lack of intelligence. This belief leads to equating struggle with shame. And this has devastating consequences. I see this over and over with clients and the mindset issues that block them most. They believe that if they were smart enough, they wouldn't have to struggle to build their business. Or that if they were creative enough everything would just flow. They feel stuck and humiliated by the struggle itself, by the fact that they have to work hard at it. All of this comes from a complete misunderstanding of struggle....
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Survey shows China manufacturing improving

News Observer - 2 Mar 2015 05:53
China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed.
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Scope maker Olympus facesThree years ago, Japanese electronics giant Olympus Corp. was in crisis amid a massive accounting scandal and plunging sales of its signature cameras.
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A Fashion Expert Shares HerWith the anticipated Apple Watch launch announcement on March 9th,  I sought a fashion-insider's perspective on wearable devices and the Apple Watch in particular. With an eye to style, aesthetics... and fashion, I spoke with Christine Campbell, President of Crimson Mim, an independent women's boutique located in the heart of Silicon Valley. I have known Christine for a few years and serve on the advisory board of Crimson Mim. In general, fashion industry insiders are not happy with how the Apple Watch looks. Since, Apple is trying to sell Apple Watch as a jewelry item, I thought it would be insightful to talk to someone from the fashion industry.
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Fed Ushers in New Era of Uncertainty on Rates

Wall Street Journal - 2 Mar 2015 05:32
The Outlook: Investors are obsessing over when the Federal Reserve will start raising short-term rates. Drawing less scrutiny is where rates will end up in the long run and how they'll get there. But... it's time to start paying attention.
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The 'connected car' isBy 2020, 75 percent of cars shipped globally will be built with the necessary hardware to connect to the Internet.
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THOUSANDS OAKS, Calif. (TheStreet) -- Patients with relapsed multiple myeloma benefited more from treatment with Amgen's Kyprolis than with Velcade, an older, rival drug marketed by Takeda, according... to results from a study announced by Amgen on Sunday night. Amgen believes proving Kyprolis' superiority over Velcade in the second-line multiple myeloma treatment setting further justifies the $10.4 billion paid to Onyx Pharmaceuticals, the developer of the drug. Another large study pitting the two drugs against each other in newly diagnosed multiple myeloma patients is ongoing with results expected next year. Kyprolis sales in 2014 totaled $331 million. By comparison. Velcade sales were approximately $2.5 billion last year, half those in the U.S. Takeda loses U.S. patent protection on...
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Aereo officially died last week.  Eight months after losing its legal battle with television networks, the failed watch-TV-on-the-Internet startup held an auction for its assets.  One of the... notable purchases was its trademarks and customer list, which went to TiVo for $2 Million.  What could TiVo do with these assets?  Here’s an intriguing possibility: TiVo could be looking into offering an Aereo-like service but one that’s licensed by TV networks.
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Investment Crowdfunding Draws a Crowd

The Huffington Post - 2 Mar 2015 05:23
Investment Crowdfunding DrawsIt's getting crowded in the investment crowdfunding space, and that's excellent news. Almost any asset can benefit from investment crowdfunding and, as more types succeed, that will cause still more... niche platforms to launch. At this point, everything from independent filmmaking to whistleblower lawsuits has gone the investment crowdfunding route. Broadway productions of Godspell and On The Town both got some of their funding from small investors via crowdfunding platforms. Accredited investors can help light up emerging businesses in the nascent marijuana industry via CannaFundr. And investors with a thirst for undersea adventure can dive into shipwreck recovery via Lords of Fortune. Crowdfunding is an efficient, contemporary way to connect entrepreneurs with smaller sources of capital,...
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Walking Dead 512: Is ThisFor sixty something hours, The Walking Dead has struggled to define the concept of hell on earth. In Episode 512, "Remember," Scott Gimple and Friends explore the flip side of that question. What... would a terrestrial heaven look like now that the dead roam the earth?  A lot like the Pottery Barn catalog, actually, but more about that in a moment.
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