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2010/02/27

Housing Upturn Proves Elusive

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February 26, 2010
 

Insider Newsletter

A weekly summary of the best in Bloomberg BusinessWeek and BusinessWeek.com


NEWS  THIS WEEK'S TOP STORY

Housing Upturn
Proves Elusive

Despite some signs of improvement, pessimism abounds about the U.S. housing market

Editor's Memo
Don't call it a recovery. Pessimism abides in the housing industry and in the Insider Top Story this week Ben Steverman takes a look at why. He finds some bright spots too.

From our Small Biz Channel, learn how to put together the team that make your startup dreams a reality, and Carmine Gallo learns useful lessons from the baby camcorder, the Flip. We also have a review of the 2010 Porsche Transsyberia, the "hottest offroad vehicle on the market." You'll want to reserve yours now.

And check out our slideshow on the world's greatest sports nations, and much more.
—Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
OUTSIDE SHOT
CEO Pay and the SEC: The Power of Shame
New SEC Chair Schapiro seems willing to subject CEOs to good old-fashioned public humiliation—an encouraging development

COVER STORY
When CEOs Have Warren Buffett in Their Boardroom
What's it like to have America's greatest investor as your shareholder? Buffett's biographer talks to CEOs who know

FUTURE OF TECH
And Google Begat...
The search giant's former employees are seeding tech startups—and shaping another wave of innovation

  FROM BW.COM'S TECHNOLOGY CHANNEL
COMPUTERS
HP Labs Opens Singapore Research Hub
Hewlett-Packard establishes an R&D outpost, the first opened under labs director Prith Banerjee, in a key country in the computer maker's fastest-growing region


Google Investigated by EU
Three European companies filed complaints to EU regulators against Google about unfair competition

  FROM BW.COM'S SMALLBIZ CHANNEL
COMMUNICATIONS
Lessons in Simplicity from the Flip
By examining the strategy behind the best-selling Flip camcorder, Carmine Gallo offers four design pointers you can employ in your business

ENTREPRENEUR'S JOURNAL
Getting the Startup Equation Right
Deciding which Great Idea to pursue is just the first step, says Caterina Fake. The next essential is forming the team that can make it happen

LEADERSHIP
Rethinking How to Get Employees to Change
Persuading employees to make lasting changes in their behavior isn't easy. Keith McFarland highlights lessons from a new book that might make you more effective at it

  FROM BW.COM'S ASIA & EUROPE CHANNELS
INSIGHT
For Now, China Must Ignore Calls for Stronger Yuan
If Beijing were to let its currency strengthen too soon, millions of Chinese would lose their jobs. U.S. workers wouldn't benefit

EUROPE • From The Independent
Cash for Clunkers: Europe's Hangover
Car scrappage schemes were popular with European politicians and consumers, but the plunge in auto sales since they ended augurs a new industry crisis

  FROM BW.COM'S LIFESTYLE CHANNEL
REVIEWS
Review: 2010 Porsche Cayenne S Transsyberia
Porsche's luxury SUV offers rugged off-road handling and superior on-road performance but could soon become a collector's item

THE BUSINESS OF SPORTS
Is the Tiger Woods Era Over?
Tiger's public scandal hasn't helped, but the bigger concern is that golf's overall popularity has been declining for years

MAYBE IT'S YOU
How to Win at Office Politics
No, it's not about stabbing people in the back or doing absolutely anything to get ahead. Office politics is really about building relationships to get things done

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
IDEAS IN ACTION
'Good' Beats 'Innovative' Nearly Every Time
An obsession with innovation leads executives down the wrong path. Just trying to be good would be a smarter focus

STRATEGY & INNOVATION • From Strategy and Innovation
Stuck? Take A Look At Your Business Model
Energy, healthcare and media executives could benefit by rethinking their industry business models, says Innosight chairman Mark Johnson

ORGANIZATIONAL LIFE
Naked Consulting: What Clients Really Want
Clients are looking for transparency, humility, vulnerability, and honesty—the opposite of what is often given to them, writes Pat Lencioni

  FROM BW.COM'S FINANCE CHANNEL
VIEWPOINT
Debt: The Big Hangover Has Only Just Begun
More than $1 trillion of high-yield debt will come due between now and 2015—a big potential weight on the U.S. economic recovery

STOCKS & MARKETS
The IPO Market: Busier, Yet Chilly
Resurgent stock volatility and concern about debt levels at some initial public offering candidates have made eager issuers cut back or cancel


SEC May Allow Subpenny Pricing for More Stocks
The agency will probably consider allowing more stocks to trade in price increments of less than 1 cent, according to associate director David Shillman

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