August 20, 2014

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National News

DealBook: Caught Backsliding, Standard Chartered Is Fined $300 Million

Standard Chartered will also be prevented from processing payments in dollars for “high-risk retail business clients” in Hong Kong, with the bank’s monitor determining which clients are “high risk.”






Deal Professor: Grappling With the Cost of Corporate Gadflies

Three activists specialize in bringing shareholder proposals at annual meetings, but these proposals are costing companies tens of millions of dollars.






Target Cuts Full-Year Profit Forecast

Target Corp. reported a 62 percent drop in second-quarter profit and cut its full-year earnings forecast.

Rebound in Exports Signals Hope in Japan

The 3.9 percent rise in July, the first increase in three months, was driven by demand for cars and machinery.






Blogs

THE ART OF SELLING

Attack of the Sales Staff

I recently visited a local store that employs what I would describe as the “swarm” tactic of sales. The moment that a customer or would-be customer walks through the door, there is a group of eager salespeople waiting to accompany them throughout their shopping experience....

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Business Class

International Intelligence

While the adage, “when in Rome, do as the Romans do,” may still be true, business colleagues, clients, friends and associates should be treated with sensitivity whether they’re visiting this country or you’re in theirs. It’s always wise to do a little research and...

Meeting Mayhem

Meetings can be one of the most productive ways to conduct business. They also can waste valuable time and serve as a source of considerable frustration.  Whenever you bring a group of people together there’s always a good chance that at least one person in the room will cause...

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