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At the Weather Channel, Gloomy Skies Linger - WSJ
By SHALINI RAMACHANDRANand SUZANNE VRANICA
April 5, 2015
weather 
april 2015
Streaming wars: How disruptors are shaking up the TV business - The Globe and Mail
JAMES BRADSHAW - MEDIA REPORTER
The Globe and Mail
Published Friday, Apr. 17 2015
digital_media  streaming  disruption  television 
april 2015
A fighter for immigration, inclusion and diversity - The Globe and Mail
RICHARD BLACKWELL
TORONTO — The Globe and Mail
Published Friday, Apr. 17 2015,

After years of running the poverty-fighting Maytree Foundation, last fall Ratna Omidvar was named head of the new Global Diversity Exchange housed at the Ted Rogers School of Management at Toronto’s Ryerson University. The GDX, as she calls it, will do research and exchange information about diversity and the inclusion of immigrants and visible minorities – not just in Canada but all over the world.

It is essentially a “think-and-do tank,”...the GDX will tap into the great minds who have studied immigration and settlement, while sharing concrete strategies and experiences that have worked effectively.

While national governments function as the gatekeepers for immigration – letting people in or keeping them out – it is local efforts, usually at the city level, that make the difference in getting immigrants to prosper, she said.
immigration  women  diversity  Ryerson  leaders  immigrants  leadership  networking  boards_&_directors_&_governance  Maytree  talent_pipelines  under-representation  Ratna_Omidvar  Toronto  cities  think_tanks 
april 2015
Fareed Zakaria: ‘We are meant to be engaged with the big questions’ - The Globe and Mail
RUDYARD GRIFFITHS
Special to The Globe and Mail
Published Friday, Apr. 17 2015

Q: How is your defence of a liberal-arts education more than nostalgia for a bygone era of higher learning, now out of sync with today’s hyper-competitive, skills-based economies?

...what’s happening in advanced manufacturing. In almost every industry, basic production is getting commoditized. It’s becoming routine and simple, and most everything we consume, to put it bluntly, can be made by a machine or a factory worker. You can manufacture a $30 sneaker anywhere in the world but, to sell it for $300, there has to be a story around it, there has to be beautiful design, there has to be interesting marketing; you have to understand social media....because product[s]stand out only if you understand how human beings use technology....Mark Zuckerberg says that Facebook is more about psychology and sociology, two liberal arts, than technology...a liberal education provides you with a rounded education in every sense of the word. It teaches you how to write, which I think is the most important aspect, because you learn how to think. It teaches you how to learn. These are soft skills but they’re not lesser skills.
liberal_arts  humanities  Fareed_Zakaria  Rudyard_Griffiths  social_media  Mark_Zuckerberg  education  civics  psychology  sociology  soft_skills  thinking  design  product_design  Daniel_Pink  UX 
april 2015
The Evolving Automotive Ecosystem - The CIO Report - WSJ
April 6, 2015| WSJ | By IRVING WLADAWSKY-BERGER.

An issue in many other industries. Will the legacy industry leaders be able to embrace the new digital technologies, processes and culture, or will they inevitably fall behind their faster moving, more culturally adept digital-native competitors? [the great game]

(1) Find new partners and dance: “The structure of the automotive industry will likely change rapidly. Designing and producing new vehicles have become far too complex and expensive for any likely one company to manage all on its own.
(2) Become data masters: “Know your customers better than they know themselves. Use that data to curate every aspect of the customer experience from when they first learn about the car to the dealership experience and throughout the customer life cycle. Having data scientists on staff will likely be the rule, not the exception.
(3) Update your economic models: “Predicting demand was hard enough in the old days, when you did a major new product launch approximately every five years. Now, with the intensity of competition, the rapid cadence of new launches, and the mashup of consumer and automotive technology, you may need new economic models for predicting demand, capital expenditures, and vehicle profitability.
(4)Tame complexity: “It’s all about the center stack, the seamless connectivity with nomadic devices, the elegance of the Human Machine Interface.
(5) Create adaptable organizations: “It will take a combination of new hard and soft skills to build the cars and the companies of the future. For many older, established companies, that means culture change, bringing in new talent, and rethinking every aspect of process and people management.
Apple  automotive_industry  autonomous_vehicles  ecosystems  Google  know_your_customer  adaptability  CIOs  layer_mastery  competitive_landscape  competitive_strategy  connected_devices  telematics  data  data_driven  data_scientists  customer_experience  curation  structural_change  accelerated_lifecycles  UX  complexity  legacy_players  business_development  modelling  Irving_Wladawsky-Berger  SMAC_stack  cultural_change  digitalization  connected_cars  the_great_game 
april 2015
Moore’s Law Shows Its Age - WSJ
By DON CLARK
April 17, 2015

Moore’s Law is hitting some painful limits.

The design and testing of a chip with the latest technology now costs $132 million, up 9% from the previous top-of-the-line chip, estimates International Business Strategies Inc., a consulting firm in Los Gatos, Calif. A decade ago, designing such an advanced chip cost just $16 million. Meanwhile, some companies for the first time are unable to reduce the cost of each tiny transistor....The changes are triggered partly by the many new processing steps needed to turn silicon wafers into the latest computer chips. Circuitry for the latest chips has a width of 14 nanometers, or billionths of a meter, which enables manufacturers to squeeze hundreds of millions more transistors on a chip than they could in the past. But designing products that use so many more components takes lots of time and money.
Moore's_Law  Silicon_Valley  history  Intel  diminishing_returns  semiconductors  miniaturization  physics 
april 2015
Don’t Confuse Jeremy Piven with Ari Gold - NYTimes.com
By RUTH LA FERLA APRIL 17, 2015

Ari “leads through intimidation,” he said. “He’s an equal opportunity offender.” Selfridge, on the other hand, “operates from the heart.”

Mr. Piven himself seems to operate from a disarming mixture of naked self-interest and an unalloyed passion for his métier. Before “Entourage,” he said: “I was never progressing. I was still the schlumpy best friend No. 6.”

During lunch the next day at Bubby’s, a favorite haunt in TriBeCa, he picked up the thread. “I’ve been the underdog my entire life — 1,000 percent,” he said. But Mr. Piven is nothing if not tenacious. “Beyond sharp elbows, you’ve got to create your own work,” he said, “to make a meal out of the scraps that you’re given.”

Early in the taping of “Entourage,” which ran for eight seasons on HBO starting in 2004, he hogged the camera and filled dead air with a barrage of hastily improvised banter. “It was awkward at first,” he acknowledged. “People were asking, ‘Who is this guy and what does he think he is doing?’

“But I just kept talking and they didn’t yell, ‘Cut.’ And suddenly one scene turns to three.”
creating_opportunities  Entourage  actors  television  funnies  underdogs  tenacity  rainmaking  value_creation  opportunistic  creating_valuable_content 
april 2015
Percy Sledge and the Southern Soul Revolution | The Rock and Roll Hall of Fame and Museum
April 16: 9 a.m.
Posted by Charles L Hughes

Sledge’s spare, aching ballad – the still-iconic “When A Man Loves A Woman” – not only set a musical template for deep soul, but also reflected the unique musical alchemy that made Muscle Shoals and southern soul into an international symbol of cultural change. ....By the end of the 1960s, southern-soul was one of the most prominent styles of popular music and a symbol for racial breakthrough in the era of Civil Rights and Black Power. -
'60s  black_liberation_movement  black_nationalism  Percy_Sledge  tributes  obituaries  soul  Muscle_Shoals  singers  music  songwriters  southern_soul  discrimination  Black_Power 
april 2015
Wynne reveals details of massive Toronto-region rail expansion plan - The Globe and Mail
OLIVER MOORE - URBAN TRANSPORTATION REPORTER
Barrie — The Globe and Mail
Published Friday, Apr. 17 2015

The Ontario government has rolled out details on a huge expansion of GO rail service, a $13.5-billion investment that leaves little money for other transit projects around the region and falls short of earlier promises.

More frequent service with electricity-powered trains across much of the Toronto-area rail network was a Liberal campaign pledge last year, and will be funded in part by the sale of a stake in the utility Hydro One.

“We’re going to make massive improvements across the GO system,” Premier Kathleen Wynne said on Friday at a Barrie rail station, where she and Transportation Minister Steven Del Duca started to spell out what this will mean.

GO Transit service will start ramping up this year. At the end of five years, nearly 700 more trains will be running each week, an increase of about 40 per cent in capacity on weekdays, most at off-peak times. Weekend service will jump by more than 140 per cent.

Among the other details revealed on Friday was that it will take seven or eight years to electrify the GO corridors Toronto Mayor John Tory needs for his SmartTrack transit plan. ....The province has been promising regional express rail (RER) – the shorthand for changing GO from a largely commuter service into frequent, two-way electrified service – for more than a year. Ms. Wynne promised in a speech to the Toronto Region Board of Trade last April to “phase in electric train service every 15 minutes on all GO lines that we own.”
transportation  DRL  Kathleen_Wynne  GTA  GO  transit  growth  public_transit  expansions  RER  Hydro_One 
april 2015
The Toronto Poetry Map: See (and read) a new way of exploring the city - The Globe and Mail
MARK MEDLEY
The Globe and Mail
Published Monday, Apr. 13 2015

The Toronto Poetry Map captures the city in words. Click on an area and you’ll be presented with an excerpt, or several, from works referencing the street, or landmark, or neighbourhood....“The metaphysical Toronto is what we actually see in this map,” says Clarke. “The Toronto that’s conjured up by our imaginations as we ponder the reality of our existence here.”
poems  poetry  poets  Toronto  mapping  metaphysical  neighbourhoods  streetscapes  storytelling  imagination  landmarks 
april 2015
The Right Dose of Exercise for a Longer Life - NYTimes.com
By GRETCHEN REYNOLDS APRIL 15, 2015

Exercise has had a Goldilocks problem, with experts debating just how much exercise is too little, too much or just the right amount to improve health and longevity. ....The current broad guidelines from governmental and health organizations call for 150 minutes of moderate exercise per week to build and maintain health and fitness.

But whether that amount of exercise represents the least amount that someone should do — the minimum recommended dose — or the ideal amount has not been certain....Those who met the guidelines precisely, completing 150 minutes per week of moderate exercise, enjoyed greater longevity benefits and 31 percent less risk of dying during the 14-year period compared with those who never exercised.

The sweet spot for exercise benefits, however, came among those who tripled the recommended level of exercise, working out moderately, mostly by walking, for 450 minutes per week, or a little more than an hour per day. Those people were 39 percent less likely to die prematurely than people who never exercised.
longevity  aging  exercise  fitness 
april 2015
Why doctors fail
2 December 2014 | The Guardian| Atul Gawande.
Atul_Gawande  health  medical  failure 
april 2015
Shopify paves the way for Canadian tech IPOs - The Globe and Mail
SEAN SILCOFF AND JACQUELINE NELSON
Shopify paves the way for Canadian tech IPOs
SUBSCRIBERS ONLY
The Globe and Mail
Published Thursday, Apr. 16 2015
Shopify  IPOs 
april 2015
Ten maps that explain Iran's power play in the Middle East - The Globe and Mail
PATRICK MARTIN, TONIA COWAN AND TRISH MCALASTER
The Globe and Mail
Published Wednesday, Apr. 15 2015,
geopolitics  Iran  Iraq  Lebanon  mapping  Middle_East  power_plays  Saudi_Arabia  Syria  Syrians  Yemen 
april 2015
Cirque du Soleil nears deal with U.S. private equity giant TPG, Caisse - The Globe and Mail
JACQUIE McNISH AND NICOLAS VAN PRAET
Cirque du Soleil nears deal with U.S. private equity giant TPG, Caisse
SUBSCRIBERS ONLY
TORONTO AND MONTREAL — The Globe and Mail
Published Wednesday, Apr. 15 2015
Cirque_du_Soleil  private_equity  TPG  exits  Fosun 
april 2015
C.I.A. Officers and F.B.I. Agents, Meet Your New Partner: The Analyst - NYTimes.com
MARCH 26, 2015 | NYT |By SCOTT SHANE.

As the FBI & CIA confront an evolving terrorist threat, cyberattacks and other challenges, both are reorganizing in ways intended to empower analysts. That involves the delicate job of meshing the very different cultures of the streetwise agent and the brainy analyst, who reads secret dispatches, pores over intercepted communications, absorbs news media accounts and digests it all.
CIA  FBI  organizational_culture  security_&_intelligence  information_overload  intelligence_analysts  data  analysts  cyberattacks 
april 2015
Percy Sledge, Who Sang 'When A Man Loves a Woman,' Dies - NYTimes.com
APRIL 14, 2015| By THE ASSOCIATED PRESS

A No. 1 hit in 1966, "When a Man Loves a Woman" was Sledge's debut single, an almost unbearably heartfelt ballad with a resonance he never approached again. Few singers could have. Its mood set by a mournful organ and dirge-like tempo, "When a Man Loves a Woman" was for many the definitive soul ballad, a testament of blinding, all-consuming love haunted by fear and graced by overwhelming emotion.

The song was a personal triumph for Sledge, who seemed on the verge of sobbing throughout the production, and a breakthrough for Southern soul.
obituaries  singers  African-Americans  Muscle_Shoals  cancers  '60s  music  Percy_Sledge  southern_soul 
april 2015
BlackRock’s Chief, Laurence Fink, Urges Other C.E.O.s to Stop Being So Nice to Investors - NYTimes.com
APRIL 13, 2015
Continue reading the main storyVideo

PLAY VIDEO|3:24
BlackRock Chief on ‘Gambling Society’
BlackRock Chief on ‘Gambling Society’
Laurence D. Fink, chief executive of the largest asset manager in the world, warns that too many C.E.O.’s have been trying to return money to investors through dividends and buying back stock By CNBC on Publish Date April 14, 2015. Photo by Mark Lennihan/Associated Press.

Andrew Ross Sorkin
Laurence_Fink  CEOs  asset_management  Andrew_Sorkin  institutional_investors  Wall_Street  shareholder_activism  long-term  BlackRock 
april 2015
Economic stagnation is here to stay - The Globe and Mail
LAWRENCE MARTIN
Special to The Globe and Mail
Published Tuesday, Apr. 14 2015

The bleak economic predicament hasn’t received much attention. Seems we’re living under an illusion that we’re doing reasonably well, the reason being that until the recent oil price plunge the Conservatives pushed out a lot of feel-good messaging about Canada faring better in the wake of the global financial crisis than other major economies. But doing better than some rivals doesn’t necessarily mean you’re doing well yourself.

Over and above the energy price fall, experts cite a range of causes for the inertia. A major one is productivity. “On that, we’re doing terribly relative to our own historic rate,” said economist Don Drummond, “and we’re doing terrible relative to the rate of almost every developed country.”

Our business class, he added, is neither aggressive nor entrepreneurial, consumer demand is inhibited by high household debt and we have an aging labour force that is only going to grow at about 1 per cent a year. The small increase will come from immigrants, who make lower wages.

“I don’t look for growth to be above 2 per cent on an average basis, I’d say, for the next 10 years,” Mr. Drummond said.
economics  Lawrence_Martin  economic_stagnation  slow_growth  Don_Drummond  productivity  economists  Christopher_Ragan  the_Great_Decoupling 
april 2015
From employee blunders to data breaches, CFOs can help stave off headaches - The Globe and Mail
JONATHAN STOLLER
Special to The Globe and Mail
Published Monday, Apr. 13 2015
CFOs 
april 2015
Why Canada should join the Asian Infrastructure Bank - The Globe and Mail
WENDY DOBSON
Contributed to The Globe and Mail
Published Wednesday, Apr. 01 2015
Xi_Jinping  China  AIIB  Asia_Pacific 
april 2015
Kelly: On the outside looking in, John Daly joins merchants outside Augusta - The Globe and Mail
Published Friday, Apr. 10 2015

Daly’s ruminating about his career.

“I wish I would’ve played better in that ’96-to-2001 window. I wish I would’ve practised on my game the way I do now,” Daly says. “My problem is I didn’t say no. Went everywhere. Took the money. Wasn’t able to sit back and take the time to practise for a whole week. I kind of let my game falter.”

For a few years, John Daly was probably the most typical American allowed through the Augusta gates. But that’s done now. Like most of the rest of them, he’s back on the other side of the fence.
Cathal_Kelly  golf  downward_mobility 
april 2015
Businessman Melvin Woodward revolutionized fuel delivery
JOAN SULLIVAN
Special to The Globe and Mail
Published Friday, Apr. 10 2015
obituaries  entrepreneur 
april 2015
Amazon to Sell Predictions in Cloud Race Against Google and Microsoft - NYTimes.com
By QUENTIN HARDY APRIL 9, 2015

Amazon Web Services announced that it was selling to the public the same kind of software it uses to figure out what products Amazon puts in front of a shopper, when to stage a sale or who to target with an email offer.

The techniques, called machine learning, are applicable for technology development, finance, bioscience or pretty much anything else that is getting counted and stored online these days. In other words, almost everything.
Quentin_Hardy  Amazon  Google  machine_learning  cloud_computing  AWS  Microsoft  Azure  predictions  predictive_analytics  predictive_modeling  automated_reasoning 
april 2015
Why a Harvard Professor Has Mixed Feelings When Students Take Jobs in Finance
Walker New York 2 hours ago APRIL 10, 2015
Professor Mullainathan's article illustrates perfectly why the study and profession of economics has been dubbed the "dismal science." He draws upon highbro...
letters_to_the_editor  finance  Harvard  Wall_Street 
april 2015
Why a Harvard Professor Has Mixed Feelings When Students Take Jobs in Finance - NYTimes.com
APRIL 10, 2015 | NYT | By SENDHIL MULLAINATHAN.

Every profession produces both private returns — the fruits of labor that a person enjoys — and social returns — those that society enjoys. If I set up a shop on Etsy selling photographs, my private returns may be defined as the revenue I generate. The social returns are the pleasure that my photographs provide to my customers....
career_paths  career  Wall_Street  students  economics  Harvard  Colleges_&_Universities  talent  rent-seeking  arbitrage  finance 
april 2015
Hedge-Fund Magnate Robert Mercer Emerges as a Generous Backer of Cruz - NYTimes.com
APRIL 10, 2015 | NYT| By ERIC LICHTBLAU and ALEXANDRA STEVENSON.

Mr. Mercer, a reclusive Long Islander who started at I.B.M. and made his fortune using computer patterns to outsmart the stock market, emerged this week as a key early bankroller of Mr. Cruz’s surprisingly fast campaign start.

...Mr. Mercer does not have the name recognition of fellow Republican financiers like the Koch brothers or Sheldon Adelson, but he has spent more than $15 million since 2012 in support of conservative political campaigns and causes, donating to a number of candidates who had never even met him. ....Robert Mercer is discussed in “More Money Than God,” a book about the hedge fund industry by Sebastian Mallaby....Before joining Renaissance Technologies, Mr. Mercer, 68, worked at I.B.M.’s research center, where he specialized in computerized translation of languages.....When James H. Simons, the billionaire founder of the Renaissance hedge fund, hired Mr. Mercer in 1993, the company was more university campus than Wall Street firm. Mr. Simons, a mathematician and former code-breaker for the National Security Agency, brought in astronomers and physicists to analyze reams of data, using computer programs to search for patterns that could be used to inform trading decisions. Mr. Simons has been a major political backer of Democrats, donating $8.3 million in 2014.
hedge_funds  moguls  high_net_worth  Robert_Mercer  Wall_Street  Ted_Cruz  Renaissance_Technologies  books  Citizens_United  James_Simons  PACs 
april 2015
The Lessons for Finance in the GE Capital Retreat - NYTimes.com
APRIL 10, 2015 | NYT |By PETER EAVIS.

More than 10 years ago, the kinds of investors who seek out weak companies were circulating presentations on Wall Street that argued that General Electric’s enormous lending business was a ticking time bomb.

The financial crisis of 2008 proved those skeptics right, and on Friday, they appeared to have the final laugh. General Electric announced that it was selling most of the loans inside its financial division, GE Capital, leaving a G.E. that will be dominated by industrial businesses.
GE_Capital  GE  exits  financial_services  short_selling  weaknesses 
april 2015
Mugabe takes the stage, and steals the show, in South Africa visit - The Globe and Mail
GEOFFREY YORK
Mugabe takes the stage, and steals the show, in South Africa visit
SUBSCRIBERS ONLY
JOHANNESBURG — The Globe and Mail
Published Wednesday, Apr. 08 2015
Robert_Mugabe  Zimbabwe  South_Africa  Jacob_Zuma  despots  tyrants  autocrats 
april 2015
Universities are vital investments for all orders of government - The Globe and Mail
TODD HIRSCH
Universities are vital investments for all orders of government
SUBSCRIBERS ONLY
Special to The Globe and Mail
Published Friday, Apr. 10 2015
Todd_Hirsch  Colleges_&_Universities  students 
april 2015
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