The ranks of China's richest grew 3.8 percent last year
Together they made a fortune selling death machines, so why did Daddy abandon them?
If Scotland takes itself out of the U.K., it would probably make sense for the U.K. to remove Scotland from its flag
Xiaomi and Huawei aren't just bad for Xperia
Janet Yellen refuses to be pinned down on the meaning of a "considerable time" when it comes to when the Fed will start raising interest rates
A business card with a brain can be customized for different recipients
Domestic work has "historically been taken for granted and not accounted for in our economy,” says Ai-Jen Poo. “And yet without it, nothing else would be possible”
The rapper is offering a $50,000 annual salary
A report finds high default rates on franchise loans
By Jeanne Liedtka, Robert Rosen, and Robert Wiltbank
Crown Business; 272 pages; $27.50
This book was written not for those in the C-suite, but for middle managers who have to carry out the often-thankless work of running a business. Acknowledging the tension between innovation (important but uncertain) and stability (important but ultimately stifling), the authors persuasively describe the need for businesses to nurture internal catalysts—folks who can overcome internal gridlock to promote sustainable growth. With smart tips, solid advice, and useful examples, this book feels particularly timely, given the sorry state of the economy.
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