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Juju Chang Named Anchor of ‘Nightline’

abc_juju_chang_090116_mainAs Cynthia McFadden packs for NBC, ABC is wasting no time in announcing her replacement at “Nightline.” ABC lifer Juju Chang has been named co-anchor of the ABC News broadcast effective immediately.

“Juju is the perfect example of someone whose dedication and tenacity to innovative reporting have paved the way for her success,” ABC/Disney co-president Ben Sherwood writes in a note to staff.

Chang, who has been with ABC News her entire career, starting as a desk assistant, is married to former NBC News boss Neal Shapiro, now president of WNET.

McFadden was one of the original anchors when “Nightline” went to a 3-anchor format in 2005, along with Martin Bashir and Terry Moran. Bashir left for MSNBC in 2010, replaced by Bill Weir. Last year, Dan Abrams replaced Moran who is now a foreign correspondent for ABC News. And when Weir left for CNN in October, Dan Harris took his spot.

In his note, Sherwood thanked McFadden for her 20 years of service. “Cynthia has been an amazing colleague, a loyal mentor to so many of our up and coming producers and I am personally grateful for her profound contributions to ABC News. It is with great fondness that I wish Cynthia the very best in her new adventure.”

Sherwood’s note after the jump…

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Arts Consultant Lou Spisto Explains How Orchestras Today Offer More Than Great Music

With an extensive career in arts management in both the theatre and orchestra industry, Lou Spisto knows first-hand that the country’s most successful orchestras are the ones that actively participate in their communities. Spisto has seen the inner workings of many successful orchestras and has established community engagement programs for the Pittsburgh, Detroit and Pacific Symphonies. According to the League of American Orchestras, among all U.S. orchestras, the most successful the ones were, and continue to be, those that find ways to engage with their local community. The League has done much to showcase the importance of community engagement and has done much to honor those orchestras that are doing great work in this area.

Even the greatest and most venerated orchestras in the country, with full touring schedules and major recordings, have found that the path to success includes a real relationship with the community outside the concert hall. Currently an independent theater producer and an arts management consultant for arts institutions, Lou Spisto continues to examine how orchestras can increase their relevancy through engaging with, and giving back to, the community. Read more

Mutual Investment Between China and U.S., According To Bradley Reifler

When Japanese investors and their funding first started pouring into the west about 25 years ago, American companies were wary, noted investment expert Bradley Reifler, founder and CEO of Forefront Capital. In particular, Japanese firms bought up troubled businesses and heavily invested in thousands of others. The public became concerned when Japanese investors bought the Rockefeller Center and the American icon Columbia Records.

While people were nervous about foreign investors, the Japanese financial “invasion” was largely profitable for both sides. American companies got a much needed injection of cash and capital. Japanese investors were able to access more diverse opportunities. Read more

Millennials Driving the Future of Retail, Says Liquidation Channel

“A millennial will let any little differentiator impact their buying decision. They will not rest until they find the perfect item,” said Gerald Tempton, president of Liquidation Channel. And with millenials representing about 80 million Americans, spending upwards of $600 billion a year, they are a group that businesses are zeroing in on. Millennials are being studied as much as their parent’s generation—the baby boomers. It is no wonder why. They are an incredibly influential demographic, and businesses that want to stick around need to tune into their shopping habits.

Tempton, Liquidation Channel president, said that the way millennials make their buying decisions is very different from past generations. With such rapidly changing technology, combined with increased buying power, these younger adults are a shopping force to be reckoned with. But businesses can only profit from millennials if they can keep them interested long enough to make a purchase. NPD Group, Accenture, alongside the Shullman Research Center recently explored what is driving these shoppers. Read more

How to Reduce Credit Card Debt, According to Roy McDonald

According to Roy McDonald, credit card debt remains a major problem among many consumers—and in fact, the sheer volume of credit card debt that the average consumer carries might truly shock you. U.S. News and World Report notes that the average American has around $7,000 in credit card debt, a staggering figure. The rate is actually a little better in other developed economies.

There are plenty of ways in which people can fall into the credit card trap. Unforeseen medical expenses, moving costs, unemployment, or simply poor financial planning can cause a debt spiral that forces an individual to abuse their credit. According to Roy McDonald—Australian wealth management expert—the more pertinent topic is how consumers can reduce their debt.

Certainly, credit card debt is a burdensome thing, but McDonald says there are plenty of ways to minimize that burden. “There are many ways to reduce credit card debt,” he explains. “Consumers simply need to know what the options are.” Read more

How To Invest In A Start-Up: Harmel Rayat Explains

According to Harmel Rayat, there are many reasons to consider investing in a start-up. In fact, the benefits can be not only financial, but also deeply personal. By investing in a start-up company, you are effectively investing in creativity, innovation, and entrepreneurship. You are playing a direct role in the cultivation of a new business and of new jobs—all of which can be immensely satisfying.

There are dangers, too. For one thing, it is difficult to pick a winner; there are countless new companies emerging every year, and investors know full well that only a fraction of them are sustainable. This financial risk carries with it much potential for financial reward, however; according to a recent Forbes article on start-up investment, returns could yield anywhere from five to 100 times the initial investment.

While it may be impossible to pick a winner with any certainty, there are certainly some steps that investors can follow to ensure that they are minimizing their own risk, while maximizing their odds of latching onto something sustainable. Harmel Rayat shares a few of his favorite start-up investment tips in the paragraphs that follow. Read more

Wall and Associates Answers Common Tax Audit Questions

The professionals at Wall and Associates know that it doesn’t take a group of tax experts to realize that nobody enjoys a tax audit from the IRS or the state. Nevertheless, every year thousands of taxpayers are chosen to have their tax returns audited.

While this can prove nerve-wracking for many individuals or businesses, the resolution experts at W&A explain that it doesn’t have to be. By understanding some of the audit process, including what to expect and options available, taxpayers can deal with audits much more easily and with much less stress. And, if need be, qualified tax consultation services are always available to taxpayers through professional firms such as W&A. Read more

Bob Sloan, S3 Founder Explains Balance Sheets for Beginners

According to Bob Sloan, S3 founder, there are many tools available to business owners, seeking to understand and control their corporate finances. For new business owners, it is imperative to make use of all of these tools, but also to ensure a total understanding of them. One of the most important tools of all is the balance sheet, which is a gateway into full financial understanding and strategic planning. Sadly, the balance sheet is also one of the most oft-misunderstood tools in the business owners’ toolbox.

What is a balance sheet? For what is it used? How can one master the terminology and the layout of a balance sheet? Bob Sloan, S3 founder, offers his expertise in the paragraphs that follow. Read more

PMC Property Group Makes Residents Feel at Home

As developers and managers of urban real estate assets, PMC Property Group knows from their own customers that residents of a rental community property are looking for more than just a place to live; they’re looking for a place to call home. Beyond a location to store their belongings and themselves, renters want a space that feels welcoming, comforting, and all their own.

What this means for property managers, says PMC Property Group, is that the best way to appeal to prospective residents with a rental property is to think of it as more than just a rental property. “You don’t want prospective residents to look at your property and think, ‘This will do for now,’” explains a PMC representative. “You want them to look at it and think, ‘This is my new home.’”

While this is easier said than done, it can nevertheless be done fairly easily with the right approach. PMC property management experts share this approach below. By following their expert tips, rental property managers everywhere can create more attractive and appealing properties that almost rent themselves. Read more

TeamBuilders Counseling Services Tells How to Build Stronger Family Bonds

The professionals at TeamBuilders Counseling Services recognize that at the center of peoples’ lives is family. Whether it is their biological family, adoptive family, or any other type, it has a profound impact on their life and who they are. It is important for children to have these bonds to support their growth and development. Families teach each other how to function in the world and overcome challenges and if not counseling services are available. There are several ways in which parents can remain proactive about building stronger family bonds explains: Read more