Welcome to Forbes for January 26, 2015 from Audible. This edition contains seven feature articles. In the cover story: "This Giant Drug Firm Won't Invent Medicines. Investors Are Cheering" - Brent Saunders generated $25 billion in value for investors by flipping drug companies rather than discovering new drugs. Is this the future of the pharmaceutical business?
Also, "The Hottest Ticket in Mobile: SeatGeek Helps You Scalp the Scalpers" - SeatGeek aggregates tickets to sports, concerts, Broadway shows and more sold on more than 100 secondary ticket marketplaces. And they don't charge users for the service.
Next, "Beef Jerky Reborn? KRAVE Seeks to Update an Old Snack" - Last year, Americans spent $2.5 billion on dried–meat snacks, with sales skewed heavily toward convenience-store fare. Now, northern California-based KRAVE wants to do for jerky what Ben and Jerry's did to ice cream, what Samuel Adams did to beer, what Starbucks did to coffee.
Then, "The Four Horsemen of Russia's Economic Apocalypse" - Four Russian billionaires cashed out of Russia’s most oil-dependent company in the spring of 2013, in what may go down as the most brilliantly timed profit-taking of the decade. It also may have set off a chain of events in global financial markets that has contributed to the collapse of Russia’s currency.
We'll also tell you "How Cheap Oil Has Delta Air Lines Jet Fooled" - Delta Air Lines, the smartest carrier in the business, thought it could cut costs by buying its own oil refinery. Boy, was it wrong.
Followed by, "Even in the Tinder Era, Adultery Site Ashley Madison Keeps Making Money Hand Over Fist" - You can scorn it, ban it, firewall it and throw Tinder at it. The Ashley Madison money machine rolls along.
And in our final story, "Data Wimps" - Data can show patterns and opportunities that most businesspeople would miss, but data can also cause them to question their instincts.
© and (P) 2015 Forbes
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