Like many others who read Malcolm Gladwell’s book “Outliers” when it came out five years ago, I was impressed by the 10,000-hour rule of expertise. I wrote a column (for a different publication) espousing the rule, which holds that to become a world-class competitor at anything from chess to tennis to baseball, all that’s required is 10,000 hours of deliberate practice.
David Epstein, author of "The Sports Gene," says Major League Baseball is finally "extremely aggressive" on the use of banned substances. Epstein talks with Bloomberg's Tom Keene, Scarlet Fu and Sara Eisen on Bloomberg Radio's "Bloomberg Surveillance."
Novartis AG aims to cut costs by $1 billion in 2011 in its pharmaceuticals division after achieving the same level of savings last year, head of the business David Epstein told Finanz und Wirtschaft in an interview.
Novartis AG reported second-quarter profit that declined less than analysts forecast, helped by increasing sales of new products such as the Gilenya treatment for multiple sclerosis and the Afinitor cancer drug.
Qantas Airways Ltd., Australia’s largest airline, said a closure of European airspace caused by volcanic ash was costing as much as A$1.5 million ($1.4 million) a day as it helped out stranded passengers.