News Of The Week

The Olympics: Benefit or burden for the host’s economy?

Olympics

On the face of it, hosting the Olympics should be a good thing — it’s a major sporting event that has the potential to attract millions of athletes and visitors over a period of several weeks. All of them will have to patronize local businesses at some point. But naturally, the event comes with costs — enormous investments in building the required infrastructure, for example. So what’s the ROI for Olympic hosts, if any?

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Meg Whitman, Peter Thiel and the CEO’s dilemma: Is it wise to pick sides in an election?

Endorsement

On Aug. 2, Hewlett Packard CEO Meg Whitman announced she was backing Hillary Clinton in the presidential campaign. On the same day, legendary executive Warren Buffett appeared at a Clinton campaign event in Nebraska. Donald Trump also has received CEO endorsements, including from PayPal co-founder Peter Thiel. Who is lining up behind which candidate, and is it a good idea for CEOs to get political?

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Melania Trump and her speechwriter: What to do when trusted employees make big mistakes?

Melania Trump

When it became clear that parts of Melania Trump’s speech at the Republican National Convention were almost identical to a 2008 Michelle Obama speech, the Trump campaign faced a barrage of media criticism. On July 20, long-time Trump Organization employee Meredith McIver issued a statement taking the blame. All of which raises the question: When a usually solid employee takes a major stumble, what should you do?

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