Be open to new ideas and never be afraid to fail, says Kathleen Hogan, chief people officer for Microsoft. "I am a firm believer in having a growth mindset -- remind yourself that it's OK to fail if you learn from your failures," she says.
Many colleges, including the University of Utah and the Georgia Institute of Technology, are opening innovation hubs to help students create their own businesses. Students involved in Georgia Tech's CREATE-X have created 81 startups, bringing in more than $2 million in follow-on investments over the past three years, officials say.
If growth in China and other emerging markets continues at its current pace, the International Monetary Fund could have its headquarters in Beijing, not Washington, D.C., within a decade, said Managing Director Christine Lagarde. She said the IMF's bylaws require its home office to be in the member country with the largest economy.
Whole Foods Market opened a new 40,000-square-foot two-story store in the Harlem neighborhood of New York City with a product selection tailored to the surrounding community. The retailer first announced plans for the store five years ago, and the store features Whole Foods' first kebab grill, Cuban-style sandwich and coffee offerings and products from about 20 local suppliers including Mama's One Sauce spicy marinades, Sylvia's spices and rubs, Harlem Pie Man's pies and Egunsi Foods' West African soups.
Calls to poison control centers about dietary supplements increased almost 50% from 2005 to 2012, according to a study in the Journal of Medical Toxicology. Researchers found 70% of calls concerned children younger than age 6 and 99% of those were unintentional exposures.
Subway is reviewing its North American account and has confirmed it's asked current agencies and new shops to participate. Subway invested approximately $100 million in US measured media in 2017's first quarter, per Kantar Media.
Global sales of logistics and warehousing robotics will reach $22.4 billion by 2021, according to research firm Tractica. Amazon has proven that a fast-paced, customer-driven economy is profitable at scale, and now many retailers are looking toward automation to improve efficiency in their fulfillment and warehousing.
The US and Japan released a joint statement Monday confirming that the Department of Homeland Security will assist with cybersecurity efforts during the 2020 Olympic Games. The two governments also said they would establish a joint training program to protect industrial control systems.
Lyme disease vaccine candidate VLA15 from Valneva has been granted fast-track designation by the FDA. Enrollment for an early-stage study of the vaccine has been completed by the company, which expects initial results from the Phase I trial and also plans to initiate a midstage study in the first quarter of next year.
Jeff Bewkes is preparing to exit his role at Time Warner if the company's merger with AT&T is approved. Bewkes -- who, during his 38-year career with the company, has fended off a hostile takeover and helped the company bounce back after it merged with AOL -- stands to walk away with as much as $95 million if the deal is approved by the White House.
DeSimone Consulting Engineers and LERA say their plan to straighten and reinforce the sinking 58-story Millennium Tower in San Francisco would cost up to $150 million. The project would require driving about 100 new piles 200 feet into the bedrock.
Greg Peterson, IBM's manager of global energy and environment, said the company uses cognitive solutions and analytics to create smarter buildings that save money and energy. Self-adjusting building control systems will become more commonplace, he said.
When Southwest Airlines' Amber Hensley heard about 8-year-old Andrew Ross' struggle with cancer, the customer service representative swung into action to make his trip home from treatment something to remember. Hensley placed signs welcoming Andrew home throughout Houston's William P. Hobby Airport, arranged for him to meet his plane's pilot and crew and invited his friends and family to meet him at the gate when he arrived.
United Airlines CEO Oscar Munoz says the company is focused on "training, developing and nurturing a more values-oriented customer services policy."
