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| Forbes - Business | |||||||
| The New Celebrity Entrepreneurs Wed, 16 May 2012 13:58:52 GMT New Fame Game: Leveraging Status to Invest in Hot Deals |
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| What Mitt Romney Is Really Worth: An Exclusive Analysis Of His Latest Finances Wed, 16 May 2012 21:20:21 GMT The presumptive GOP nominee has diversified far past Bain Capital. From hedge funds to his kids' $100 million trust, Forbes reveals the most definitive valuation of the man who would be the richest president ever. |
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| Apple's Recent Stock Price: Explanations Thu, 17 May 2012 10:08:17 GMT Apple is trading at $546. As recently as April 9, it touched $640. A year ago, it was $332. So the stock appreciated 93% from a year ago to its high, and has retreated 15%. The retreat is making investors nervous because a $94 price drop sounds much worse than a 15% decline on the heels of a 93% run-up. Why is Apple’s stock gyrating so much? |
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| New US Sub-Prime: Putting A Price On 'Chesapeake' Gas Thu, 17 May 2012 09:54:29 GMT  |
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| Celebrity 100: How We Create The List Thu, 17 May 2012 08:36:27 GMT The methodology behind the Celebrity 100. |
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| The Virtues of Having Strange People Close By Thu, 17 May 2012 07:26:25 GMT |
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| Entrepreneurs Are Drawn By Vision; Managers Are Driven By Process; Transforming Healthcare Will Require Both Thu, 17 May 2012 06:39:45 GMT This week’s much-anticipated Facebook IPO has stimulated a healthy national discussion about the nature of innovation and the role of entrepreneurship. |
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| I Have Terrible News: Value of Communication in Honesty Thu, 17 May 2012 05:57:29 GMT When CEOs describe what they want most in people they hire, they consistently talk about honesty and integrity. Among the leadership competencies that we measure, honesty and integrity have consistently received high scores, putting them at the first or second position in comparison to everything else. In general, most leaders are perceived as doing this reasonably well. |
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| Entrepreneurs Are Tough To Be With Thu, 17 May 2012 05:43:22 GMT What characteristics do you think describe an entrepreneur? I'm pretty sure your list, and mine, would include some of the following: persistent, driven, independent, creative, hard working, inquisitive, focused, curious, competitive, decisive and a desire to succeed. These are all generally considered desirable traits. Who wouldn't want to be around someone that works hard, wants to succeed, is driven, creative and focused? |
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| Hey Blizzard and EA, Single Players are Grabbing Their Pitchforks and Coming For You Thu, 17 May 2012 05:36:56 GMT  |
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| Stop Thinking and Just Start Instead Thu, 17 May 2012 03:57:16 GMT “Why did you call your book Just Start,” was probably the most asked question during our recent book tour. |
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| JPMorgan's Whale Trade Reportedly Sinks By Another $1 Billion Thu, 17 May 2012 02:39:50 GMT The trading debacle at JPMorgan Chase, the nation’s biggest bank, appears to be getting worse. |
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| The Fight Over TV Is A Fight For Platform Power Thu, 17 May 2012 01:29:39 GMT By James McQuivey |
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| Skechers to Pay $45 Million to Settle Advertising Charges Thu, 17 May 2012 00:30:19 GMT The Federal Trade Commission announced Wednesday that Skechers USA agreed to pay $40 million to settle charges that it deceived consumers by “making unfounded claims that Shape-ups would help people lose weight, and strengthen and tone their buttocks, legs and abdominal muscles.” |
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| The Disease of More Thu, 17 May 2012 00:29:33 GMT By Tom Matlack |
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| Today's Forbes Health Stories: May 17, 2012 Wed, 16 May 2012 23:53:24 GMT Today's stories from Forbes contributors on the business of health and medicine: |
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| Will Adult Children Have to Pay Mom's Nursing Home Costs? Wed, 16 May 2012 23:27:32 GMT A Pennsylvania state appeals court has ruled that the adult son of a nursing home resident is responsible for her unpaid $93,000 bill. And the decision has some elder care lawyers wondering if this is just the beginning of a trend. |
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| At Ira Sohn, Bill Ackman Defends JC Penney, Pins Hope On New CEO Ron Johnson Wed, 16 May 2012 23:01:59 GMT Giving the closing speech at Wednesday’s Ira Sohn Conference, Pershing Square’s Bill Ackman defended his massive investment in J.C. Penney. Calling it a “contrarian” idea, Ackman noted that J.C. Penney’s weaknesses are the stock’s greatest opportunity, as shares in the department store suffered their biggest loss in 40 years after missing expectations in their latest earnings. |
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| Celebrity Entrepreneurs on the Rise? Wed, 16 May 2012 22:50:24 GMT Whereas once upon a time a celebrity lending his or her recognition to further a product was called a sell-out, today getting behind a product and using one’s fame to help it along is called entrepreneurship. And rightly so. The kind of active investment we’re seeing from celebrities like 50 Cent, Ashton Kutcher, Sean Combs and Leonardo DiCaprio is marked by market research, personal engagement in the product and an ownership stake. Sure, a lot of these glitzy moguls-in-the-making have business managers and research teams, but compare their entrepreneurial endeavors to what they could be doing – renting out their likenesses to underwear ads – and you’ve got to admit they are a little bit more engaged. |
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| Chrysler's Kumbaya King Wed, 16 May 2012 22:34:55 GMT This story originally appeared in the June 6, 2012, issue of Forbes magazine: |
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| Forbes Games: DRM Slows And Game Of Thrones Woes Wed, 16 May 2012 22:24:28 GMT Activision Blizzard's Diablo III hit stores on Tuesday, and fans of the video game franchise have already made the release a monster hit. But some new owners are steaming about connectivity issues that made it impossible for them to try out their purchase, and wondering why a single-player game needs to go online in the first place. |
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| Hollywood Power Player Ryan Seacrest Buys A-List Estate From Ellen Degeneres and Portia de Rossi Wed, 16 May 2012 22:17:27 GMT Hollywood’s hardest-working businessman Ryan Seacrest, number 29 on Forbes' Celebrity 100, has officially swooped in on Ellen DeGeneres and Portia de Rossi's former Beverly Hills digs for $37 million. DeGeneres and wife Portia de Rossi first listed the property for $49 million back in October 2011 before transitioning over to a more private Malibu pad formerly belonging to actor Brad Pitt. Hollywood sure does keep it in the family! |
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| Chrysler's Kumbaya King Wed, 16 May 2012 22:00:00 GMT What do the Dalai Lama, Eminem and Clint Eastwood have in common? A controversial marketer named Olivier Francois who has proven that he knows how to sell cars. |
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| Chrysler's Kumbaya King Wed, 16 May 2012 22:00:00 GMT What do the Dalai Lama, Eminem and Clint Eastwood have in common? A controversial marketer named Olivier Francois who has proven that he knows how to sell cars. |
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| GM Kiss-off Screams Need For Facebook Ads That Follow Users Around The Web Wed, 16 May 2012 21:34:57 GMT After spending nothing but time on Facebook, I've attracted over 100K followers. After spending $40 million per year on its Facebook presence, as reported by the Wall Street Journal, General Motors has attracted just 378K fans to its primary page. While it does have dozens of other car-related Facebook pages which have also attracted 'likes,' that's fairly depressing and is perhaps part of the reason that the company wants to cut back on its Facebook spending. |
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| What Should We Do Better As A Society To Support America's Veterans? Wed, 16 May 2012 21:30:45 GMT Jonathan Kirk Davis, Veteran of Operation Iraqi Freedom, Sergeant in the United States Marine Corps |
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| The FDA Is Faster. Now Let's Make It Safer Wed, 16 May 2012 21:25:14 GMT This evening, my colleagues and I published a paper in the New England Journal of Medicine that established that the FDA is approves drugs faster than its counterparts in Europe and Canada. Based on a careful review of applications for novel therapeutic agents approved from 2001 through 2010, we found that the FDA was almost two months faster than the European Medicines Agency and Health Canada. Moreover, the majority of the agents that we evaluated were approved first in the United States. |
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| The Five W's Of Bad Investing Behavior Wed, 16 May 2012 21:15:15 GMT Investors are prone to making irrational decisions. The simple truth is that what feels good, or what satisfies an immediate impulse, is not always compatible with generating positive, long-term returns. |
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| Assessing the Rams Renovation Negotiations for the Edward Jones Dome Wed, 16 May 2012 21:05:01 GMT The art of negotiation. |
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| Lessons in Lead Valuation From Facebook's Acquisition Strategy Wed, 16 May 2012 20:36:00 GMT Facebook -- expected to launch its IPO this week -- is speculated to have a valuation of $96 billion. With the company earning $200 million in their last quarter or $800 annualized, this means their valuation is more than 100 times their earnings. When Facebook acquired Instagram, the numbers raised some eyebrows -- but what many failed to notice was that most of the acquisition price that Facebook paid for Instagram was actually in Facebook stock. According to an S-1 filing, the company is paying $300 million in cash, and the rest in stock. Therefore, the real risk to Facebook is small, relative to the amount of users and the valuable photo platform gained. |
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| Word of the day |
Merriam-Webster's Word of the Day for May 17, 2012 is:
maffick • \MAF-ik\ • verb
: to celebrate with boisterous rejoicing and hilarious behavior
Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.
"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011
Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.