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Showing posts with label 2017 at 07:36PM. Show all posts
Showing posts with label 2017 at 07:36PM. Show all posts

Thursday, June 15, 2017

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Saturday, May 13, 2017

Expanding the Reach of the Commodity Exchange Act’s Antitrust Considerations

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Posted by Gregory Scopino, Georgetown University Law Center, on Saturday, May 13, 2017

Editor’s Note: Gregory Scopino is an Adjunct Professor of Law at Georgetown University Law Center and a Special Counsel with the Division of Swap Dealer and Intermediary Oversight (DSIO) of the U.S. Commodity Futures Trading Commission (CFTC). This post is based on a recent article authored by Professor Scopino, who wrote the article in his personal capacity and not in his official capacity as a CFTC employee. The analyses and conclusions expressed in the article (and this post) are those of Professor Scopino and do not reflect the views of other members of DSIO, other CFTC staff, the CFTC itself, or the United States.

In recent years, a small group of financial institutions have paid billions of dollars to settle civil and criminal claims that they formed cartels to rig the prices of certain critically important financial instruments and to stifle competition in others. For example, bankers would rig global benchmark interest rates, such as the London Interbank Offered Rate (LIBOR), for the purposes of benefitting their trading positions in over-the-counter (OTC) interest-rate swaps, which are bets on future interest rate movements. By conspiring with horizontal competitors to fix the benchmarks that were components of the prices of financial instruments, financial institutions and their employees harmed competition by distorting the normal market factors that governed the prices of those instruments. These collusive schemes were facilitated by the fact that the markets for certain types of derivatives are oligopolies dominated by a handful of global banks.

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May 13, 2017 at 07:32PM

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Friday, May 12, 2017

Richard Cudmore retweeted: Most boards are not diverse, from a generational perspective; average age of public co boards is 63, says @DeborahDeHaas #PCGS17 #CorpGov

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Directors & Boards
@DirectorsBoards

Richard Cudmore retweeted:

Most boards are not diverse, from a generational perspective; average age of public co boards is 63, says
@DeborahDeHaas
#PCGS17 #CorpGov

May 12, 2017 at 07:35PM

https://twitter.com/EthicsRik/status/863035153727279104

from Richard Cudmore


Ami retweeted: #CorpGov $ENRT going #viral? @Brettfoster82 by #TkTCUJ5VtuNb8cU by #OFc3KKwcDorAKxI by… by #zoinaq8twso

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Jonathan Marks, CPA
@jtmarkscpa

Ami retweeted:

May 12, 2017 at 07:35PM

https://twitter.com/amirbegs7m/status/863035106214260737

from Ami


AstraZeneca Sharply Higher Off Positive Data For Imfinzi

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AstraZeneca plc (ADR) (NYSE: AZN) shares are trading higher by $2.33 (8 percent) at $33.45 in Friday’s session.

The catalyst for the rally is the announcement that its drug, Imfinzi, has met primary endpoint for the treatment of lung cancer.

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May 12, 2017 at 07:33PM

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from Joel Elconin

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The Teenage Existential Crisis: In Memory Of Our First AOL Instant Messenger Screen Names

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At 13, I sat at my parents’ boxy, black Dell in deep distress. It was time to define my first online persona, and as an obsessor of symbols, I placed great importance on my chosen screen name.

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May 12, 2017 at 07:33PM

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from Elizabeth Balboa

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Coca Cola’s investments in startups is the real thing for innovation

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SAN MATEO, CALIF. – Coca-Cola as an incubator for fast-growing startups? It may seem an odd match, but Alan Boehme, chief innovation officer at the $42 billion beverage giant, says it’s a smart move.

[ Related: 8 tech startup trends to watch in 2017 ]

“You can’t innovate in a vacuum, you need to reach out to partners and customers,” Boehme said at the CIO Perspectives conference here this week. “We scan the broad spectrum of trends, and get inspiration from — not trying to solve specific business problems because that is incremental – but where we have to go.”

To read this article in full or to leave a comment, please click here

May 12, 2017 at 07:30PM

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from David Needle

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Saturday, April 15, 2017

This is a standing desk chair for lazy people that inspired a multi-million dollar shoe empire

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Focal standing chair

Chances are you’ve seen, or perhaps own, a pair of Keen shoes or sandals, the ones with a rubberized toe.

They were the brain child of Martin Keen, an avid sailor who preferred to wear sandals on deck. He came up with the idea in 1999 after growing sick of stubbing his toes while boating.

By 2003, he launched the company and within three years Keen had taken off like mad. By 2011 it was reportedly generating $240 million in revenue.

And Martin Keen credits the success of that shoe to another one of his inventions. An almost-chair.

It’s a stick with a seat that turns a standing desk into a lazier, lean-on-your-butt workspace.

“The first prototype I built was in 1994, in my studio, my red barn. I had a standing table, but no seat that allowed me to stay standing up longer. So I developed one myself,” he told Business Insider.

Keen believes this almost-standing position helped him think better.

“This position in which I worked made me a much more creative designer, get more of that ‘flow’ state out of the day. And that allowed me to be creative enough to come up with this idea for Keen,” he said. “The seat I was working in allowed me to become creative enough to become a very successful footwear designer and conceive my own brand.”

Busting out of stuffy corporate culture

Keen sold his stake in the Keen shoe company six years ago. When he looked around for a new thing to do, he decided to rethink office furniture, in the same way he redesigned the sandal. So he launched his current company Focal Upright.

Martin KeenBack when he designed his first chair-on-a-stick, it was an oddball idea. Standing desks were not even a thing back then. He created one for himself out of an old drafter desk 

He had just left his corporate shoe designing job and the standing desk felt like throwing off the yolks of bureaucracy.

“As humans, we tend to accept the tools given to us. ‘Here’s your assigned cubicle. Here’s your chair.’ You don’t think about these things,” he said. “I realized I now wasn’t beholden to corporate culture.”

Still, he soon ran into problem that most standing desk users face: “Standing is tiring after awhile.”

Most standing desk owners simply give up.

“After 8-10 weeks, the novelty of standing wears off and we are back in a chair,” he said.

While research shows that sitting all day with no movement is horrible for your health, there’s also no conclusive evidence that simply standing all day, which can be hard on the feet, is a real solution.

But a balance between the two is an intriguing option.

Sit, stand, fidget, balance

The chair is increasingly creating a buzz, too. It was quite the hit at last month’s SxSW conference in Austin, Texas.

Martin Keen Focal Upright chair“For those who have embraced the standing desk, the stand-up chair is the office chair of the future — and super comfy,” Chris Brooks, an account executive for Media and Entertainment at Phunware who saw the chair at SxSW, told us.

I’ve been trying Focal Upright’s $100 Mogo chair for the past few weeks and I’ve got mixed opinions on it.

My workspace had to be fine-tuned for it.

At first I found that my arms, neck and lower back got quickly tired when using it. The desk has to be adjusted so that leaning on the chair doesn’t force you to look too far up at your computer screen, or put your arms at an awkward angle to type.

Yet, it also feels good to stand while working for a few hours at a time, without my feet hurting. 

With a little practice and some adjusting, the chair does seem to offer a nice balance between sitting and standing. And more balance at work is always a good thing.

SEE ALSO: The alarming inside story of a failed Google acquisition, and an employee who was hospitalized

Join the conversation about this story »

April 15, 2017 at 07:32PM

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from Julie Bort

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Why the CEOs of a billion-dollar brand schedule 90 minutes every day to do nothing

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warby parker dave gilboa neil blumenthalEveryone wants to talk to the CEO.

At billion-dollar glasses brand Warby Parker, that meant co-CEOs Neil Blumenthal and Dave Gilboa found themselves spending entire days in back-to-back meetings, “often 16 meetings in a row with no breaks.”

In “Success! How I Did It,” a Business Insider podcast that follows the career paths of some of today’s most accomplished people, Alyson Shontell, the editor in chief of Business Insider US, spoke with the co-CEOs, who are also two of the company’s four founders.

A series of meetings might sound productive at first, but in actuality, Gilboa told Business Insider, “It didn’t really leave us time to think or prepare for the meetings and sometimes we were forced to email while we’re in the meetings, trying to multi-task. It wasn’t good for anyone.”

For a solution, they borrowed a habit from LinkedIn CEO Jeff Weiner, who told them he schedules 90 minutes of unstructured time every day.

“So I went back and grabbed our assistant and said, ‘OK, we need to do this,'” Gilboa said. “I’d say it worked for a while. More and more those 90 minutes tend to get scheduled over as things pop up, but we still try to leave some time in the day where we can think and not get bogged down, kind of the hamster wheel where there are always things that we could be doing, always meetings that we can be in.”

He said that to cut down on meetings, he and Blumenthal try to ask themselves: “Am I the only person in the company that needs to be in this meeting?”

“If not,” he continued, “maybe somebody will just send me notes afterward, or I’ll catch up with someone in a one-on-one and try to spend more and more time thinking about what we want this company to look like in 2020 and beyond and focus on bigger strategic initiatives.”

Listen to the full episode:

Subscribe to “Success! How I Did It” on iTunes to hear the latest episodes.

SEE ALSO: The founders of Warby Parker reveal how they run a billion-dollar glasses brand with two CEOs, and why Amazon won’t crush them

Join the conversation about this story »

NOW WATCH: After listening to 74 books on Audible I am convinced it is a better way to ‘read’

April 15, 2017 at 07:26PM

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from Libby Kane and Alyson Shontell

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