All Business News
Top stories summarized by our editors
10/15/2018

Sears Chairman Edward Lampert's track record running Sears, which filed for bankruptcy today, has been one of creative financial juggling that might have done more to protect his interests than help Sears adapt and compete, argues a Bloomberg analysis. "He closed stores, fired employees and, in what will surely be long remembered as the most unseemly element of the saga, carved out some choice assets for himself," write Katherine Burton, Lauren Coleman-Lochner and Eliza Ronalds-Hannon.

More Summaries:
Sears, Edward Lampert, Bloomberg
10/15/2018

Adidas isn't concerned about its relationship with endorser and designer Kanye West because the company's success depends upon dozens of markets around the world, each of which has its own standards, says Adidas CEO Kasper Rorsted. "Who is actually measuring the level of appropriateness that the company is being judged upon?" he asks.

Full Story:
Business Insider
More Summaries:
Adidas, Kanye West, Kasper Rorsted
10/15/2018

Shonda Rhimes, executive producer of TV shows such as "Grey's Anatomy," "Scandal" and "Black-ish," talks about diversity in television and why she left ABC for Netflix. "I wanted to be able to decide what kind of shows we were going to make and how we were going to make them," she says.

Full Story:
Elle magazine
More Summaries:
Shonda Rhimes, Netflix, ABC
10/15/2018

A new crisis hotline from nonprofit group Empower Work launched recently to help overwhelmed and stressed workers deal with particularly tough situations at work. The service utilizes texting rather than phone calls, along with trained counselors rather than bots.

Full Story:
Quartz
10/15/2018

President Donald Trump said he is dispatching Secretary of State Mike Pompeo to Saudi Arabia to talk about the disappearance of journalist Jamal Khashoggi with Saudi King Salman, who has denied any knowledge of what happened. Trump has said he thinks ending a $110 billion arms deal with Saudi Arabia would punish the US but has not said what consequences would be implemented if Saudi Arabia is found responsible for the disappearance.

Full Story:
Fox News, MarketWatch, NBC News
10/15/2018

Leaders exhibit a high emotional intelligence when they're alert to other people's feelings, show compassion and don't succumb to defensiveness when challenged, writes John R. Stoker. "Instead, they seek to understand the source of others' feelings and the values that are important to others," he writes.

Full Story:
SmartBrief/Leadership
More Summaries:
John R. Stoker
10/15/2018

High-functioning teams are led by people who exhibit humility, respect and concern for others while being open about their vulnerabilities, writes John Keyser. "If we think we are too busy to have these conversations and to take the time to listen, well, we must realize that we must make the time," he argues.

More Summaries:
John Keyser
10/15/2018

Breaking habits is easier when the temptation is automated away, whether through technology or through simple steps such as taking screens out of the bedroom so that you sleep better, writes James Clear in this book excerpt. "When the effort required to act on your desires becomes effectively zero, you can find yourself slipping into whatever impulse arises at the moment," he writes.

Full Story:
James Clear blog
More Summaries:
James Clear
10/15/2018

Chicago relied on feats of engineering to emerge as a transportation and manufacturing hub, leveraging its location as a way to Canada to the Gulf of Mexico and the East to the West, writes Joshua Salzmann. "Between the 1830s and 1900, lawmakers, engineers, and thousands of long-forgotten laborers created a new, manmade geography for Chicago -- building a canal and sewers, raising city streets, and even reversing a river," he writes.

Full Story:
Zocalo Public Square
10/15/2018

Rotate between three tasks every hour or so with a short rest period in between to break the monotony of focusing on one single task for an extended period of time. Adding artificial deadlines to your work may also help you get more done without focusing so much on the minute details that tend to slow down your progress, writes Caroline Ceniza-Levine.

Full Story:
Forbes
More Summaries:
Caroline Ceniza-Levine