Frances Black, founder of New York illustration agency Arts Counsel, finds that dancing helps her focus on something other than her stress from work. Taking a break to do something creative is one of four tips The Wall Street Journal offers for stressed-out entrepreneurs.
There's a new face in many C-suites: the CEO's chief of staff. Executives at such companies as Goldman Sachs and AOL have taken a page from the president's book and hired such confidants and deputies. "I promise you this is needed out there," says Aflac President Paul Amos II, who recently hired a chief of staff.
The Scotts Co. reached a deal with Major League Baseball Properties to sell grass seed that's specially blended to match the turf for Fenway Park in Boston and Wrigley Field in Chicago, among others. With the multiyear deal, Scotts is now the "Official Lawn Care Company of Major League Baseball" and has rights to sponsorship, licensing and national MLB-themed advertising.
Robert W. Baird analysts downgraded Carlisle Cos. from "outperform" to "neutral." The analysts also reduced the company's target share price to $23 from $29, citing weakening demand for the company's products. Carlisle lost $10 million worth of inventory in a fire at its Tire & Wheel plant last month.
Carlisle Cos. Inc., the parent company of Carlisle Tire & Wheel, saw 17% sales growth in the second quarter, but profits were up only marginally due to mounting costs. In the tire and wheel segment, sales of consumer outdoor power equipment were down 28%, though the drop was offset by stronger sales of tires for commercial power equipment, construction and agricultural machines. CEO David Roberts said across-the-board price increases will improve results in the third and fourth quarters.