Wall Street Journal Headlines – October 6, 2017 by @FrankCunhaIII

  1. Russian Hackers Steal NSA Spy Secrets
  2. US Shale Companies Ease Up on Drilling
  3. End year at 9.69 million barrels a day, down from 9.82
  4. Amazon.com
    • Hiring 50,000 office workers, mostly software developers
  5. Illegal Entry to US Gets Rarer, Riskier
    • President’s harder line, longer-term trends make SW border tougher to sneak across
  6. Price Pressures for Renters Begins to Ease Down
    • Those that spend more than 30% of incomes on rent
    • Fell from 48.9% to 47.7% between 2012 and 2015
  7. Iraq Drives ISIS From Stronghold
  8. Turkey Arrests US Consulate Worker
  9. Saudis, Russia Get Closer
  10. NATO to Increase Funding for Counterterror Programs
  11. Catalan Parliament Session Blocked
  12. Prospects for a Gun – Measure Deal Grow
  13. Legislation restricting rifle accessory used in L.V. gunman draws GOP support
  14. Columbia Sets $100M to Diversify Faculty
  15. Ishiguro’s Quiet Power Claims the Nobel Prize
  16. Opinion – Why America Needs Tax Reform
  17. Trump needs to stress the growth payoff and rebut falsehoods from critics at the Tax Policy Center.
  18. Finge Clips Rank High on YouTube
    • Google looking to promote more reliable content
  19. Uber Steers Steadier Course
  20. Forget bitcoin, IMFcoin could be the digital future of SDRs
    • IMF – International Monetary Fund
    • SDR – Special Drawing Rights (ISO 4217currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is the unit of account for the IMF, and is not a currency per se.
  21. Ship Building Alliance to Target Asia
  22. SpaceX Aims to Launch at Fast Pace
    • Planning 30 launches next year (50% of total)
    • There are about 60 launches each year
  23. Netflix Raises Prices as Content Tab Balloons
  24. Honeywell Pursues Purchase of Evoqua
    • Honeywell International Inc. is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. The company operates four business units, known as Strategic Business Units – Honeywell Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), and Honeywell Performance Materials and Technologies.
    • Evoqua is the global leader in helping municipalities and industrial customers protect and improve the world’s most fundamental natural resource: water. We have a more than 100-year heritage of innovation and industry firsts, market-leading expertise, and unmatched customer service. Our cost-effective and reliable treatment systems and services ensure uninterrupted quantity and quality of water, enable regulatory and environmental compliance, increase efficiency through water reuse, and prepare customers for next-generation demands.
  25. Nostalgic Beef Slogan Makes Cut
    • “It’s What’s For Dinner” Slogan
    • Beef consumption in the US declined 15% in the decade through 2015
  26. Facebook Cut Russia from Report on Election
    • FB under fire for playing down role of influence campaigns
  27. Equifax timeline Criticized
  28. New Federal Rule Clamps Down on Payday Loans
  29. OPEC Pushes Russia to Stick to Plan
    • The Organization of Petroleum Exporting Countries is a group consisting of 12 of the world’s major oil-exporting nations.
    • OPEC was founded in 1960 to coordinate the petroleum policies of its members, and to provide member states with technical and economic aid.
  30. Treasury Yields Climb to 3-Month High
  31. Financial, Tech Stocks Fuel Rally
  32. Data Center Firm “Switch” Prices IPO Above Range, Raises $531 Million
    • Switch Inc.
    • Pricing is latest sign of strengthening in tech initial public offering space.
    • The data-center company that powers businesses of Amazon.com Inc., eBay Inc. and other tech companies is the latest to cash in on a renewed interest among investors in technology IPOs.
    • After pricing above the $14-to-$16 range it initially outlined to investors, Las Vegas-based Switch Inc.’s initial public offering raised roughly $531 million Thursday, excluding shares allotted to underwriters.
    • Shares sold at $17 apiece, valuing the company at roughly $4.2 billion.
    • NASDAQ
    • IPO Price
  33. Gold Loses Luster as Global Angst Eases
  34. Bad Timing for Monte Dei Paschi
    • Banca Monte dei Paschi di Siena
    • Known as BMPS or just MPS is the oldest surviving bank in the world and the third largest Italian commercial and retail bank by total assets.
    • BMPS and Banco BPM, Banco BPM overtook BMPS as the third largest bank in terms of total assets on 31 December 2016. Since the end of 2016, BMPS has been struggling to avoid a collapse.
    • Founded in 1472 (545 years ago) by the magistrates of the city state of Siena, Italy, as a “mount of piety”, it has been operating ever since. In 1995 the bank, then known as Monte dei Paschi di Siena, was transformed from a statutory corporation to a limited company called Banca Monte dei Paschi di Siena (Banca MPS).
    • The Fondazione Monte dei Paschi di Siena was created to continue the charitable functions of the bank and to be, until the bailout in 2013, its largest single shareholder.
    • Today Banca MPS has approximately 2,000 branches, 26,000 employees and 5.1 million customers in Italy, as well as branches and businesses abroad. A subsidiary, MPS Capital Services, handles corporate and investment banking.
  35. This Market Bubble Isn’t Everything It Appears to Be
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What sets one construction company apart from another?

Guest post by Sarah Grey

ILMA

What sets one construction company apart from another?

With so many builders competing for your construction contract, finding the right one for your job

can be a real challenge, especially if you don’t have any direct experience in construction. From

the perspective of a professional Architect, here are some things to look out for when comparing

partners for your next big project.

A strong commitment to budget

Budget overruns are so frequent in the construction industry that they’ve almost become

a standard expectation, particularly when it comes to large commercial and civil projects.

Whilst there will always be unpredictable factors that can blow out your construction time, it’s

not unreasonable to expect that the final cost will be within 5-10% of your original contract.

Reputable construction companies will provide guaranteed fixed price contracts so you can rest

assured that your project will stay on budget.

Awards, but not just any awards…

Every industry has their own respected body that recognises and rewards industry leaders. By

the same token, there are also plenty of less knowledgeable bodies who are only in the awards

business to promote their own business instead of the industry as a whole. In the Australian

building industry, HIA is the premier industry representative. If the builder you’re considering

can show off recent awards related to your specific project, you can be quite confident that they

know what they’re doing.

After care

The law can only go so far to protect you from dodgy workmanship. It’s worth spending more

of your budget to secure a builder that offers a more extensive warranty. Be sure to check the

details thoroughly, it’s not just about the length of time, it’s also about their process for arranging

repairs or replacement of material.

Local project management

A dedicated Project Manager who regularly visits your site and is always on call is an absolute

must. Don’t settle for anything less.

Favorable Reviews

The most reputable home builders are equally liked by their mum and dad clients as they are

by architect clients. Whilst industry colleagues can provide valuable recommendations, it’s

easy to forget that many home-owner/builders are eagerly sharing their own reviews of building

companies online. Browse building company reviews on product review websites to see if there

are any client horror stories waiting to be discovered.

Specialist knowledge

An increasing number of builders are now offering ‘design and build’ services to their direct

clients. While there’s no doubt that this service offering is an inferior substitute for a professional

architect, this doesn’t mean that you should avoid working with them. The greater the

understanding your builder has of the design process and of the latest developments, the easier

they will be to work with.

Sarah Grey is a Writer and Marketer who works for a home building company.


10 STEPS TO GETTING THINGS DONE: WHAT MY KIDS TAUGHT ME ABOUT LEADERSHIP AND TEAM BUILDING

I often compare working with adults to working with children. Here is a list of suggestions to getting something done, whether it is other colleagues at work or your kids at home.

Please share your comments and feedback below this post.

1. SHARE THE VISION
It’s never easy getting someone else to just “buy in” and do something — at least not unless there is some big reward at the end. So share your vision and get “buy in” from your team. If it is possible, allow the team to shape the vision of the project, task, or event.

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2. MOTIVATION
Find out what motivates your team. My wife and I have been procrastinating about swapping out the kids play room with my office. By engaging my team (my kids) while my wife was out, I was able to have them help us jump start the small but arduous task ahead of us (since the two rooms are separated by two flights of stairs).

3. BREAKING DOWN A BIG TASK INTO SMALLER TASKS
Looking at all that needs to be completed is daunting, but when you break down the overall tasks into smaller, manageable tasks it appears doable. As things get done it is easy to keep the momentum going to complete the project and move on to the next one. Do not overwhelm the team — break down the activities into manageable tasks. Be realistic with the schedule to keep them motivated and on track.

4. FEEDBACK
Asking for and receiving continuous feedback helps the team see that their ideas matter. Integrating the team’s ideas into your overall project makes them feel vested in the project. It is easier to get things done when your entire team is on board with where things are headed. In my case, I asked my kids where they wanted to relocate some of the toy “stations” so they could be involved in the decision making process.

5. TAKE A BREAK
OK, playing “Rock, Paper, Scissors” and “Mickey Mouse Built a House, How Many Bricks Did He Use?” (throwbacks from when I was a kid), might not go over well at work. However, taking a break from a task will help recharge and refocus the team. Take this opportunity to encourage and bond with the team. Remind them of the vision.

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6. TEAM BUILDING
Use the break to bond. Whether or not this project is as successful as you envisioned it to be it is a learning opportunity (try to “break the eggs” and learn on the smaller or less important tasks, if you have to). Having a solid team will help with the success of future projects. We can grow from our challenges and experience and learn to work with our strengths (and the strengths of our team).

7. ENCOURAGEMENT
Keep giving the team positive reinforcement (and yourself too). Telling the kids that mommy was going to be “so happy” when she saw what we had undertaken, kept the little troops motivated walking up and down those stairs carrying office supplies and toys on those countless trips up and down stairs.

8. OFFER REWARD
Ice cream after dinner worked in my case. Again, see what motivates the team and offer a reward. It doesn’t necessarily need to be money or a promotion. Something small like a gas card or tickets to the movie or ball game would be a nice token of appreciation for having your tea, finish the job. It makes them feel appreciated and keeps them focused on completing the tasks expeditiously.

9. NEXT PROJECT
Go back to the team and see what ideas they have for the next project. Also remember to ask what the best and worse parts of the project were so that the next project is even more successful. Make a list of “Lessons Learned” so you don’t forget!

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10. MANAGEMENT & PASSING THE TORCH
If you can, avoid being a micro-manager; Next time be part of the team instead of being the leader. Let the others take the role of the committee chair, project managers, etc. What better way to teach leadership then to give someone else a turn to manage a project, task, or event? You can mentor each other (if you are willing to be reversed-mentored). They get a seasoned team member with a wealth of knowledge and experience. It’s a win-win for both and a fantastic way to build a strong, versatile team. It’s also humbling and a great way to see the project from the eyes of the guys in the trenches, which in turn, will make you a better leader for the next big thing.

We would love to hear from you on what you think about this post. We sincerely appreciate all your comments.

If you like this post please share it with friends. And feel free to contact us if you would like to discuss ideas for your next project!

Have a great weekend!

Sincerely,
Frank Cunha III
I Love My Architect – Facebook

FC3 ARCHITECTURE+DESIGN, LLC
P.O. Box 335, Hamburg, NJ 07419
e-mail: fcunha@fc3arch.com
mobile: 201.681.3551
direct: 973.970.3551
fax: 973.718.4641
web: http://fc3arch.com
Licensed in NJ, NY, PA, DE, CT.


Lessons For Architects And Designers – You Are (Unique) Nature’s Greatest Miracle

You Are (Unique) Nature’s Greatest Miracle

“I am nature’s greatest miracle.

I will concentrate my energy on the challenge of the moment and my actions will help me forget all else. The problems of my home will be left in my home. I will think naught of my family when I am in the market place for this will cloud my thoughts. So too will the problems of the market place be left in the market place and I will think naught of my profession when I am in my home for this will dampen my love. There is no room [in my career] for my family, nor is there room in my home for [my career]. Each I will divorce from the other and thus will I remain wedded to both. Separate must they remain or my career will die. This is the paradox of the ages.”

(Author: Og Mandino, Book: “The Greatest Salesman in the World“)

We would love to hear from you on what you think about this post.  We sincerely appreciate all your comments.

If you like this post please share it with friends. And feel free to contact us if you would like to discuss ideas for your next project!

Sincerely,
Frank Cunha III
I Love My Architect – Facebook

FC3 ARCHITECTURE+DESIGN, LLC
P.O. Box 335, Hamburg, NJ 07419
e-mail: fcunha@fc3arch.com
mobile: 201.681.3551
direct: 973.970.3551
fax: 973.718.4641
web: http://fc3arch.com
Licensed in NJ, NY, PA, DE, CT.


Cold War is Over, Code Wars Just Begining

In the United States, we are Internet dependent. Our financial systems, power grids, telecommunications, water supplies, flight controls and military communications are all online – making them vulnerable to countless attacks by cyber criminals. The goal could be a 10-minute blackout, an attack on our national security, a stock trading glitch or the theft of millions of dollars worth of intellectual property. The FBI has recently made cyber crime a number one priority, one that costs the U.S. an estimated trillion dollars a year. CNBC’s “Code Wars”, hosted by Melissa Lee, takes you onto the frontlines of the war on cyber. Cyber attacks are almost impossible to trace, making cyber crime and acts of cyber warfare the ultimate anonymous crime. So how do we protect our systems whose components are largely manufactured abroad? Can our nation’s infrastructure be protected from cyber attacks? And how can the U.S. win a war in which conventional rules of combat do not apply? CNBC tackles the tough questions in “Code Wars: America’s Cyber Threat.”  Click here to watch the Preview.


BUSINESS WEEK —
In the early morning hours of May 24, an armed burglar wearing a ski mask broke into the offices of Nicira Networks, a Silicon Valley startup housed in one of the countless nondescript buildings along Highway 101. He walked past desks littered with laptops and headed straight toward the cubicle of one of the company’s top engineers. The assailant appeared to know exactly what he wanted, which was a bulky computer that stored Nicira’s source code. He grabbed the one machine and fled. The whole operation lasted five minutes, according to video captured on an employee’s webcam. Palo Alto Police Sergeant Dave Flohr describes the burglary as a run-of-the-mill Silicon Valley computer grab. “There are lots of knuckleheads out there that take what they can and leave,” he says. But two people close to the company say that they, as well as national intelligence investigators now looking into the case, suspect something more sinister: a professional heist performed by someone with ties to China or Russia. The burglar didn’t want a computer he could sell on Craigslist. He wanted Nicira’s ideas.  Click here to read the rest of the story by Michael Riley and Ashlee Vance.

Cyber Weapons: The New Arms Race

The Pentagon, the IMF, Google, and others have been hacked. It’s war out there, and a cyber-weapons industry is exploding to arm the combatants