Coach has deliberately shed revenue and stores to improve its business health and to retrain customers to pay full price for its handbags and other products, writes Phil Wahba. Now, CEO Victor Luis is looking toward growth with a tender offer for Kate Spade that could position Coach as a "house of brands," Wahba notes.
Athleta CEO Nancy Green runs a nearly all-woman team and uses her position to create an environment of female empowerment and acknowledgment. "I can be very demanding and I have extremely high standards, but I understand that people are human," she says.
The Federal Reserve is likely to raise interest rates in the near future if the economy continues to perform well, according to the minutes from the Fed's latest meeting. Federal Reserve Governor Lael Brainard believes that the strong performance of the global economy has reduced the risk facing the US economy.
Long-tailed macaques in Indonesia are stealing valuable items, including cash, glasses and cameras, from tourists and are forcing people to leave food and treats to get belongings returned. Primatologist Fany Brotcorne says the animals pass the skill to offspring; the behavior had been thought to be exclusive to humans.
Professionals should be open to finding their ideal career entirely by accident and be willing to pursue it once they do, writes Lydia Dishman. That's what happened to Nicole Russo, who became a personal stylist after helping a friend improve her wardrobe for a new job.
"Reboot Podcast" and "How I Built This" are among the top podcasts for business leaders, as they provide insight into the challenges facing startup founders and other innovators, according to Matt Hunckler's survey of tech investors. "BroadMic" profiles female founders and leaders who are making a splash in the business world.
Reliable Auto Repair in San Jose, Calif., has relied on outsourcing the most complicated tasks as it has sought success on social media. "We have to seek more technologically advanced ways of reaching people that are constantly staring at their phones and computers," said Operations Manager Michael Jidkov.
Health care and budget experts have said it looks like the White House Medicaid spending cuts would total about $1.4 trillion over the next 10 years by combining the cuts in the president's budget and in the Republicans' health care bill. The exact amount of cuts is not known because the budget doesn't clearly state the spending impact, but the budget watchdog group Concord Coalition estimates the program will lose about half of its budget by 2027.
New York City Mayor Bill de Blasio has never attended a New York Yankees game during his term as mayor and doesn't plan to attend in the future. Having grown up outside of Boston, the mayor is a fan of the Boston Red Sox, longtime rival of the Yankees.
Productivity and communication decline when people fail to set boundaries and communicate how other people's actions and behaviors affect them, writes Mary Rezek, who coaches executives and TED speakers. Communicate what is out of bounds and never assume, she writes.
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