The former CEO of embattled Valeant is suing the company for not paying him more than 3 million shares (VRX)

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businessinsider.com | Mar 28 @ 10:24

The report said the lawsuit alleges Valeant also owes $180,000 to Pearson for consultation fees. Valeant and a representative of Pearson were not immediately available for comment. Based on Valeant's stock price of $10.81 at the close of trading Monday on the NYSE, the shares have a market value of about $32.43 million. March 27 (Reuters) - Former Valeant Pharmaceuticals International Inc Chief Executive Michael Pearson has filed a lawsuit against the Canadian drugmaker, alleging it refused to pay him more than 3 million shares he is owed, the Wall Street Journal reported on Monday. The company said last year in March that Pearson was stepping down from his role as billionaire investor William Ackman joined the company's board in an attempt to clean up accounting problems.

Will Smith and the rest of the 'Fresh Prince' cast had a reunion

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businessinsider.com | Mar 28 @ 10:22

Ribeiro writes in the caption that it's "always amazing to spend an afternoon with my Fresh Prince family. Always amazing to spend an afternoon with my Fresh Prince family. A post shared by Alfonso Ribeiro (@therealalfonsoribeiro) on Mar 27, 2017 at 5:27pm PDT on Mar 27, 2017 at 5:27pm PDTWill Smith has reunited with his "Fresh Prince of Bel-Air" cast mates. Wishing that James Avery was still with us to make this complete. James Avery, who had the role of Smith's Uncle Phil, died in 2013.

Here's Where Your Next Great Business Idea Will Come From

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forbes.com | Mar 28 @ 10:22

Convert a service into a productThis is creating a “productized service.” If there is something you do, standardize it, put a price tag on it, and promote it online. RELATED: How to Find Your Perfect Business Idea in Just One WeekendQuestion everything you do and try to roll your mind back to when you first did it. First a tip: capture every idea in real time. The “problem” with that advice is that we become so accustomed to living with our problems, we cease to recognize them. When something pops into your head—no matter how far fetched it may seem—get it immediately carved into digital stone.

US home prices rise to the highest level in over 2 years

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businessinsider.com | Mar 28 @ 10:18

Tight housing supplies and strong demand from buyers amid low interest rates have contributed to the rise in house prices. The S&P CoreLogic Case-Shiller national home-price index climbed 5.9%, not seasonally adjusted, according to a monthly report published Tuesday. "Given the market’s current strength and the economy, the small increase in interest rates isn’t expected to dampen home buying. If we see three or four additional increases this year, rising mortgage rates could become concern. "The recent action by the Federal Reserve raising the target for the fed funds rate by a quarter percentage point is expected to add less than a quarter percentage point to mortgage rates in the near future," said S&P Dow Jones Indices' David Blitzer.

There's a new trailer out for this summer's 'Spider-Man' movie and it may be the best one yet

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businessinsider.com | Mar 28 @ 10:16

A new Spider-Man movie is coming this summer and Marvel and Sony Pictures just released the second trailer for the film. "Spider-Man Homecoming" will be in theaters July 7, 2017. Tom Holland will play the latest incarnation of the webslinger in "Spider-Man: Homecoming. "Robert Downey Jr. will also star in the movie as his Avengers character Tony Stark, while Michael Keaton will play the movie's villain, Vulture. Check out the new trailer below:Here's the movie's official synopsis:A young Peter Parker/Spider-Man (Tom Holland), who made his sensational debut in Captain America: Civil War, begins to navigate his newfound identity as the web-slinging super hero in Spider-Man: Homecoming.

Home Prices Are On A Tear In 2017, Says S&P/Case-Shiller

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forbes.com | Mar 28 @ 10:14

An index measuring 20 cities shows that home prices increased an annual 5.7% in January, while a separate 10-city index shows that home prices gained 5.1%. On a national basis, single-family home prices increased by 5.9% in January, according to the S&P/Case-Shiller U.S. National Home Price Index, which covers all nine U.S. census divisions. Yet, even as the Fed begins to hike interest rates, buyers are still nabbing mortgage rates at historical lows. Seasonally adjusted, the national index rose 0.6% in January from the month before, while the 20-city index and 10-city index both rose 0.9%. If we see three or four additional increases this year, rising mortgage rates could become concern," said Blitzer.

Here's everything we know about the next 'Pirates of the Caribbean' movie

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businessinsider.com | Mar 28 @ 10:12

The fifth "Pirates" movie is called "Dead Men Tell No Tales. Warning: There are spoilers and potential spoilers below about "Pirates of the Caribbean: Dead Men Tell No Tales. "Pirates of the Caribbean: Dead Men Tell No Tales" is set for release May 26, 2017. If you didn't know another "Pirates" movie was on its way, keep reading to see everything you need to know about the next installment in the franchise. While US viewers will see the movie marketed as "Dead Men Tell No Tales," some overseas viewers will see different names for the film.

35 Cartoons On How Technology Gets Us Hooked

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forbes.com | Mar 28 @ 10:12



Facebook Launches Stories To Fuel Our Narcissism Above The Newsfeed

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forbes.com | Mar 28 @ 10:12

Facebook Messenger recently got an upgrade to make it about as insufferable as Snapchat with stickers and filters and lenses. First Facebook connects us all, no matter how creepy the connection, then Facebook rules us all. Then Facebook went after the bleeding heart of Snapchat, launching its own version of stories within the Messenger app and actually improving on it. Facebook has been on a tear lately, already more integrated into your life than Elon Musk's brain hooked up to a toaster. Apparently testing went pretty well as today Facebook is rolling out stories to its flagship mobile app.

A new drug to treat ovarian cancer just got approved (TSRO)

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businessinsider.com | Mar 28 @ 10:08

March 27 (Reuters) - The U.S. Food and Drug Administration on Monday approved Tesaro Inc's key drug, niraparib, for the treatment of recurrent ovarian cancer. Epithelial ovarian, fallopian tube or primary peritoneal cancer affects the tissue covering the ovary or lining of the fallopian tube or abdominal wall. The drug also received orphan drug designation specifically for its use in treating recurrent epithelial ovarian cancer, the company said. Niraparib kills cancer cells by inhibiting the production of proteins called PARPs, which help repair damaged DNA strands, thereby hastening the death of some types of cancer cells. Effective PARP inhibitors are sought after by drugmakers because of their potential to be used in combination with other types of cancer treatments to create new breakthroughs in treatments.

Chipotle founder and CEO slams McDonald's and Panera Bread for 'clean' food claims (CMG, MCD, PNRA)

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businessinsider.com | Mar 28 @ 10:08

Chipotle's CEO and founder claims chains like McDonald's and Panera Bread are misleading customers with "clean" food claims. Seemingly every fast-food chain in America has made a "clean" food announcement in recent months, from Taco Bell cutting artificial ingredients to McDonald's unveiling a "clean" McNugget. The news comes at a time when clean food has become an industry trend. )Panera Bread told Business Insider that it is currently working to use more "whole" ingredients instead of natural flavors. '"Ells argues that most chains — including McDonald's — ditching artificial flavors simply swapped the offending ingredients for "natural flavors" that serve the same purpose.

Data Sheet—Tuesday, March 28, 2017

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fortune.com | Mar 28 @ 10:07

Facebook has a long history of trying to duplicate Snapchat's features, and most of those efforts have been forgettable. But Instagram's launch of a similar Stories function recently appears to have eaten into Snapchat's market share, according to some reports. And now, Snap has grown into a massive competitor, with a market valuation of close to $28 billion following its initial public offering. Facebook, meanwhile, has continued adding new features that either imitate or flat out duplicate popular features on Snapchat. Of course, Facebook famously tried to arrange a marriage with Snapchat in 2013, but the smaller company rebuffed its advances.

Google’s Home Assistant Lands in the U.K.

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fortune.com | Mar 28 @ 10:07

The company also said it's bringing its Google WiFi product, which works with existing routers to boost wireless connectivity throughout the home, to the U.K. as well. Google's advantage is that it can apply the accumulated knowledge of Google Search, Google Maps, and Google Translate to requests. There's no mention of Amazon selling Google Home. Google's ( goog ) Home device competes with the wildly popular Amazon Echo smart speaker. Both will list for £129 although Google WiFi is also available in a "two-pack" for £229.

Use These Negotiation Insights From A Recruiter In Your Next Interview

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forbes.com | Mar 28 @ 10:07

I recently spoke with Siobhan Neilland, a recruiter who works for Amazon, to get her perspective from the other side of the hiring and negotiating process. We’re not going to punish you if you were underpaid at your last job, we’re going to give you the market rate.”Why, then, does she as the recruiter need to know how much you were making? “If you have a good internal recruiter, they are your advocate. Siobhan NeillandDo recruiters really need to know how much you made at your last job? In almost every negotiation workshop I teach, I’m met with surprise and skepticism from women when I tell them they don’t have to give a straight answer right away to questions about salary.

Fundamentals, Not Fluff, Spur Tech-Sector Valuations In Private Equity

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forbes.com | Mar 28 @ 10:05

Bain & Company compared the five largest software public-to-private deals to the five largest non-tech deals closed during 2015 and 2016. The average price-to-EBITDA multiple for the software deals was 18.1 vs. 10.2 for the nontech deals. None of the software companies had declining revenue in any year, while one of the nontech companies did. Average purchase-price multiples for tech deals exceed multiples in most other sectors. Private equity investors have eagerly plowed capital into tech firms in recent years.

U.K. And Article 50: No Clarity On What the Future Holds For a Fractured Society

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forbes.com | Mar 28 @ 10:04

But with no real leadership in the nine months it has taken to herald this Brexit baby, there is no clarity on what the future holds. It is advice aimed at maintaining a critical sense of individual control regarding life and the future, for your sanity. Putting a wet finger in the air to see which way the wind is blowing is hardly leadership. ' And there are many more who have no idea of the cost, which will inevitably be borne by the taxpayer. As a result, Britain's collective psyche is badly fractured.

The top 5 predictions for the future of digital

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businessinsider.com | Mar 28 @ 10:01

Henry Blodget opened the latest sold-out IGNITION conference with a presentation entitled The Future of Digital: The Next Big Thing. But the rise of digital won't just affect news. The future of digital is rapidly transforming right before our very eyes. In the presentation, Blodget details where the future of digital is likely headed. For the past seven years, IGNITION, Business Insider’s flagship conference, has collected the best minds in media and technology to share what they see as the future.

Gold, Silver Firmer; Bulls Still Have Technical Momentum

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forbes.com | Mar 28 @ 10:01

Wyckoff’s Market Rating: 5.5May silver bulls and bears are on a level overall near-term technical playing field but the bulls have momentum on their side. The near-term technical postures for both precious metals have turned significantly more bullish the past few weeks. Bulls’ next upside near-term price breakout objective is to produce a close above solid technical resistance at the February high of $1,264.90. Silver bulls’ next upside price breakout objective is closing futures prices above solid technical resistance at the February high of $18.54 an ounce. )Technically, April gold futures bulls have the slight overall near-term technical advantage.

Disappointing 'Spider-Man: Homecoming' Trailer Spins A Generic Web

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forbes.com | Mar 28 @ 10:01

I've got a post on the surprisingly good and exceptionally promising Jumanji footage coming at 7:00 am, but you came for the Spider-Man: Homecoming trailer. Spider-Man: Homecoming looks fine, and I imagine everyone reading this will see it anyway. To be fair, the first Spider-Man trailers, from way back in 2002, were incredibly spoiler-y as well. The teaser trailer emphasized what made this version stand out from the crowd. ), this second trailer focuses on comparatively conventional blockbuster thrills.

How the US Navy plans to fix the F-35's most troubling problem

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businessinsider.com | Mar 28 @ 10:00

Business Insider then uncovered footage that appears to show the problem:AC/DC in an Angus Young style, or F-35C's 'delay gear'? "The initial indication is some of those techniques improved" the F-35C's launches, said Babione, who conceded that the real testing would be done by the Navy aboard carriers " to see whether or not those changes were successful. Luckily, testing at a land-based US Navy catapult system showed that instead of a costly and lengthy redesign of the F-35C's entire nose section, some smaller adjustments may suffice. F-35C pilots are "hurting after doing three or four of these [launches] and in some instances even banging his half-a-million dollar helmet on the canopy. "The make-or-break tests of the launch will take place at sea later this year.

A Mediterranean food chain that people are obsessed with is about to take over America — here's what it's like

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businessinsider.com | Mar 28 @ 10:00

Washington, DC-based fast-casual chain Cava Grill is expanding its delicious empire. Plus, for a drink I grabbed a watermelon mint juice. In fact, the staff were rather generous with the all the fillings for the pita, adding plenty of feta, tomatoes, and harissa. Cava is planning to expand into the greater New York City area, as well as entering the Boston market. The grain bowl — $9.87, with the choice of saffron basmati rice, brown rice, or black lentils — is packed with deliciousness.

Here's what the charts say about the British pound as Theresa May gets ready to trigger the Brexit process

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businessinsider.com | Mar 28 @ 10:00

Article 50 will be exercised by British PM Theresa May this week and the GBP is expected to react. The Brexit vote last June caught the market off guard, but the “triggering” of Article 50 is what will start the long, drawn out negotiation process of the UK separating from the EU. What we will accomplish in this blog is looking at many of the GBP crosses to help identify what to do in a weak and strong GBP environment following the “Article 50 trigger” and what may be the best pairs to trade. A lot of it may depend on which currency you trade the GBP against. And regardless of what you think will happen, we believe there are great opportunities if the GBP strengthens or weakens from current levels.

Cannabis Drug Marinol To Get Reboot In Chewing Gum

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forbes.com | Mar 28 @ 10:00

Marinol, the first FDA approved cannabis drug is getting a reboot in the form of chewing gum. With the chewing gum, the dronabinal enters the blood stream from the mouth and skips the liver altogether. Axim also believes that with the new chewing gum format, patients will continue to take the medicine instead of dropping it. Axim Biotech, the maker of marijuana-based chewing gum is set to use its technology for one of the largest pharmaceutical ingredient suppliers in the world. While the drug is effective, patients do not like the side effects and 45% of these patients stop using Marinol after one round.

The Trust Deficit: The Price We Pay When PowerTrumps Principle

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forbes.com | Mar 28 @ 10:00

More and more those who don’t hold political power are questioning the trustworthiness of those who do. We want to believe they'll do the right thing, even it if it's not politically expedient, to own their mistakes and apologize for their errors. Copyright Margie WarrellSincerity: Will they do the right thing even it costs them? We assess people to have when we trust that they would do and say the right thing, the honest thing, the decent thing, even if it cost them – money, power, position, pride. In particular, how much we can count on those who govern us to use their power in the best interest of the people ahead of their party or themselves.

Simplifying The Fourth Industrial Revolution: Data Science, IoE & AI

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forbes.com | Mar 28 @ 10:00

The list is endless, as long as data science starts with reliable data. We are in the midst of the fourth industrial revolution, a transformation revolving around intelligent machines. One of the fanciest things about data science is the current salary being offered to the experts. If you don't have access to a reliable data source, you can't start on a project. What is data science?

Why You Can't Be Both A Leader And An Expert

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forbes.com | Mar 28 @ 10:00

Below are a few proactive steps you can take to ease your transition from an expert to a leader mindset. Expert Mindset Hindering Your Leadership? An expert is part of the solution that the leader is creating. As a leader, your role is now to support your team in finding the answers themselves. But while you thrived as an expert, you now find your expertise is actually hindering you in your leadership role.

Marketing Is No Longer A One-Way Street

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forbes.com | Mar 28 @ 10:00

Take a look at the American Marketing Association’s definition of marketing: “Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Digital brand engagement is the discipline my agency uses that makes sense of the complex marketing stack that the new generation of CMO must manage. We predicted that in the evolving digital space the kind of prevalent advertising that interrupts user attention would become increasingly ineffective. Understanding the concept of digital brand engagement is a good start. So, What Is Digital Brand Engagement?

Can The 'Rule of 55' Help You Plan For Retirement?

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forbes.com | Mar 28 @ 10:00

Per IRS Publication 575, the Rule of 55 allows an employee who retires, quits, or is fired at age 55 to withdraw without penalty from their 401(k). The 'Rule Of 55'There’s a little-known provision called the Rule of 55. If you retire and roll your 401(k) into an IRA, the rule no longer applies. If you’re one of the younger Baby Boomers, retirement planning is something you are most likely spending some time thinking about. This applies if you leave your job at any time during the calendar year in which you turn 55 or later.

How Five Successful Entrepreneurs Prepared For High Growth

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forbes.com | Mar 28 @ 10:00

Below, five successful entrepreneurs from Young Entrepreneur Council discuss their best tips for managing growth. Know Where Your Efficiency LiesCourtesy of Adrian GhilaTo accommodate for new growth, Adrian Ghila, CEO and founder of luxury RV rental company Luxe RV Inc., turns to automation. You’re attracting more clients, dealing with a heavier workload, and wondering how you’re going to accommodate all the new growth. Scaling should be the result of growth, not what drives it.” But scaling up doesn’t have to seem so daunting, as long as you take the right steps before the increased demand.


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