Media titan Rupert Murdoch has finally succeeded in buying the company that owns the venerable Wall Street Journal. Now media experts are wondering what's next, not only for the Journal, but also for newspapers in general.

Reaction to Rupert Murdoch's $5.6 billion takeover of the Dow Jones Co. and The Wall Street Journal is a reminder of how highly businesspeople value the venerable news organization.

Self-confidence, persistence, flexibility, and an affinity for success are the hallmarks of an entrepreneur: A person who'll take an idea and run with it — frequently to the bank.

Telecom giant Sprint-Nextel recently decided about a thousand of its customers were just a little bit too demanding, so it went ahead and fired them. The remarkable move made headlines nationwide and since has left business analysts to ponder two questions. First, was Sprint justified?

From the light bulb to the Google algorithm, new ideas have changed the way we live and have created great wealth for those who bring them to market. Many of the old ideas we have about innovation are false, however.

Judi Hand, president and general manager of Direct Alliance, a business process outsourcer, visited the W. P. Carey School of Business recently to speak to an audience of students attending the Executive Luncheon Series.

Too often, Chinese customers buy wealth management products without a real understanding of what they're getting into, according to Xiaoling Wu, deputy governor of the People's Bank of China.

Soon, innovation in China will take the form of a move from a primarily manufacturing economy to a more service-oriented one, according to experts gathered at the Fourth Annual Executive Forum in Shanghai.

"85 percent of CEOs have innovation on a short list of strategic priorities. But then they put it off," said Tom Kelley, the featured speaker at Arizona State University's 2007 Design Excellence Dinner.

Many companies have noted that attrition among women and minorities in the professional and managerial ranks hampers progress on building a diverse workplace.