Knowing when to redesign a sales compensation plan

There are several indicators that companies should look for when deciding whether to update a sales compensation plan, rather than just focusing on a preset schedule. A company's inability to attract and retain top talent, or salespeople's complaints that the plan is unwieldy are strong indicators that the plan needs to be updated.

Universities address pasts of racism, slavery
9/30/2016 The Atlantic online

From reconciliation initiatives at Harvard University to promises of preferential admissions for slave descendants at Georgetown University, colleges are looking for ways to atone for past mistakes. At the Washington Ideas Forum this week Georgetown President John DeGioia and Harvard President Drew Faust outlined the steps their institutions are taking to right historical wrongs.

Jazbec: Too soon for ECB equity purchases
9/30/2016 BloombergReuters

Despite weak demand for loans and slow economic recovery in the eurozone, the European Central Bank should not yet turn to equity purchases to stimulate the economy, Governing Council member Bostjan Jazbec said Thursday. ECB staff has been tasked with exploring ways to ensure the central bank doesn't run out of assets to purchase while it seeks to avoid expanding its stimulus scheme.

Whole Foods opens in low-income Chicago neighborhood
9/30/2016 MarketWatch

Whole Foods Market opened an 18,000-square-foot store in Chicago's Englewood neighborhood this week, giving one of the city's poorest neighborhoods a place to buy fresh and organic foods. The retailer has striven to stock local products and hire employees from the neighborhood.

Sticking to Mediterranean diet may lower CVD risk, study says

Healthy people who had high adherence to a Mediterranean diet had a 5% to 15% lower risk of incident cardiovascular disease, compared with those who had poor adherence, UK researchers reported in BMC Medicine. Data suggested 3.9% of new cardiovascular disease cases and 12.5% of cardiovascular deaths in the study population potentially could be avoided by increased adherence to the Mediterranean diet.

How these brands are tweeting to success
9/30/2016 The Content Standard

Lauren DiZazzo covers the Twitter strategies of five major brands. Nationwide Insurance focuses on giving its audience value in every tweet, while Denny's uses to timely humor to connect with fans.

Lord & Taylor's new system puts fashions in the stores faster

Lord & Taylor is working with Xcel Brands to accelerate its supply chain and reduce the need for markdowns, a necessity as the department store competes with fast-fashion retailers. Buyers from Lord & Taylor work directly with designers from the factories that make their products, saving time and costs by cutting out the middlemen.

Industry heavyweights band together on AI
9/29/2016 TechCrunch

Amazon, Alphabet, Facebook, IBM and Microsoft have come together to form "Partnership on AI," a group that aims to be inclusive of businesses of all sizes and to openly share research on AI topics such as privacy and ethics.

Bluebird bio signs $1B immuno-oncology deal with Medigene

Under a collaboration agreement, Medigene's T-cell receptor platform will be used by bluebird bio for the development of TCR cancer immunotherapy candidates for four undisclosed indications. Bluebird bio will pay an upfront fee of $15 million, milestone payments that might eclipse $1 billion, royalties on net sales, and research and development funding.

FCC pulls set-top vote from meeting
9/30/2016 Broadcasting & Cable

The Federal Communications Commission pulled the set-top-box proposal from its September agenda, saying it would remain under consideration by the FCC commissioners. "We are still working to resolve the remaining technical and legal issues and we are committed to unlocking the set-top box for consumers across this country," Chairman Tom Wheeler and Democratic commissioners Jessica Rosenworcel and Mignon Clyburn said in a joint statement.

N.J. train crash brings aging rail system into spotlight

Public transit in the US is aging, and some transit agencies have delayed maintenance due to lack of funds. The train crash Thursday in Hoboken, N.J., highlights the need to invest in rail infrastructure along with positive train control technology that could prevent some types of crashes, according to this article.

5 ways contractors can cut their carbon footprint

Catherine Rowell offers five tips to help contractors cut emissions and reduce their carbon footprint, including recycling and rainwater harvesting.

Ohio university to receive $1.5M donation from FedEx

FedEx has pledged $1.5 million to Kent State University's College of Applied Engineering, Sustainability and Technology in order to help the program in Ohio expand at the university's airport. "I am proud to say FedEx has long supported the career development of the aviation professionals of tomorrow, so we are honored to present Kent State University with this donation," said David Bronczek, president and CEO of FedEx Express.

Experience history, culture in Richmond, Va.

Virginia's riverside city, Richmond, has renovated its attractions and places of interest from the newly reopened Black History Museum and Cultural Center of Virginia to the expanded Virginia Museum of Fine Arts. Visitors can satisfy their sweet tooth at Sugar Shack Donuts, tour the John Marshall House and go cycling along the riverfront.