The bottom line
■ In a recent survey of nearly 1,000 CEO candidates, researchers found that 45 percent had made at least one mistake in their career that either ended in them losing their job or was extremely costly to their business. However, more than 78 percent of those people ended up getting the top job. They also found that educational pedigree in no way correlated with performance.
Harvard Business Review
■ There were 13 billionaires on Forbes magazine’s annual list of the 400 richest Americans when it debuted in 1982. Today, every single person on the Forbes 400 is a billionaire. NPR.org
■ In a recent survey, more than 40 percent of people said they’d pay more money and put up with a longer trip just to avoid flying United Airlines, after hearing about how the carrier forcibly removed a passenger. Nearly 4 in 5 people said they’d pick another airline if given a choice between two otherwise identical flights. Mashable.com
■ Sleep deprivation costs U.S. businesses about 1.2 million employee workdays and roughly $411 billion in revenue a year, according to a report from the RAND Corp. Lost productivity in the form of sleepy workers shaves an estimated 2.3 percent off the country’s GDP each year.
The Washington Post
■ China’s box-office total was the second largest in the world last year: $6.6 billion, compared with $11.4 billion in the U.S. But analysts predict that China will be the global box-office leader by 2020. The Fate of the Furious recently opened to $99 million in the U.S. and Canada, and $192 million in China, making it the country’s biggest Hollywood opening ever.
The Wall Street Journal