Producing original entertainment was a big risk for Netflix, so the company used data analytics before giving the green light to "House of Cards." Netflix has many more series in production, but it hasn't lost its focus on data. "What is Internet TV and how does it differ from linear TV -- the questions around that are what we use analytics for," said Dave Hastings, Netflix's director of product analytics, data science and engineering.
McDonald's is hoping to boost flagging sales by offering an all-day breakfast menu, but the move is complicated. Franchisees must accommodate making breakfast alongside burgers, increased demand for eggs could drive up the cost of making an Egg McMuffin, and there is a risk that consumers won't want McDonald's breakfast at all hours.
The Thomson Reuters/PayNet Small Business Lending Index fell slightly in July after reaching a record level in June. However, the index was still up 13% compared to the previous year. "We've got this small business economy anchoring the US economy," said PayNet founder Bill Phelan.
By attending workshops and contributing to panels, you can get more out of your next networking event, writes James Parsons. Seminars can help you expand your knowledge and meet others with similar interests.
American International Group has sent a memo to employees detailing a plan to freeze traditional pension plans next year. The company says it will instead raise its annual contributions for workers' 401(k) plans.
Henry VIII had plenty of wives, but not much else going for him, according to historians who have elected the British king the worst monarch in history. Experts called the Tudor ruler a "gross man-child" and "self-indulgent wife murderer and tyrant" with "little more policy than petulant self-gratification."
Hillary Clinton and Marco Rubio are heading to Puerto Rico in a bid to win over the islanders, despite the fact that Puerto Rican residents can't vote in US presidential elections. The gambit is chiefly an attempt to charm the 5 million Puerto Ricans who live and vote on the mainland, and especially the million or so "Boricuas" who are now Florida voters. "These new Puerto Rican voters now make it possible for Democrats to win Florida without Blue Dog Democrats," explains Lance deHaven-Smith, a Florida State University political science professor.
Former Vice President Dick Cheney has been one of the most vocal critics of President Barack Obama's deal with Iran -- but he went too far in his description of Iran's responsibilities under the Nuclear Nonproliferation Treaty, writes Jon Greenberg. Cheney said that the NPT banned states such as Iran from enriching uranium, but in fact the treaty asserts the "inalienable right" of nations to use nuclear technologies for peaceful means.
Sotheby's will soon auction the private art collection of its former chairman, A. Alfred Taubman. The collection is valued at more than $500 million, and the proceeds will benefit the Taubman Foundation. The sale will include works from Pablo Picasso, William de Kooning and Mark Rothko. "It was important to Mr. Taubman that the Taubman Foundation continue to be a source of support for the arts, education and medical research," said estate spokesman Christopher Tennyson.
A "leadership revolution" is coming that will see leaders value their credibility and work to create trust by behaving with integrity and honesty, writes Michael Winston, a longtime executive and Countrywide whistleblower. "The system is about to change. It must. The best leaders create trust by matching their words with their deeds and keeping their promises," he writes.
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