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China remains the most popular destination for foreign industrial investment in the world, attracting almost $83 billion last year. But a growing number of multinational corporations are pursuing a strategy that companies and analysts call "China plus one," establishing or expanding Asian bases outside China, particularly in Vietnam. A long list of concerns about China is feeding the trend: inflation, shortages of workers and energy, a strengthening currency, changing government policies, even the possibility of widespread civil unrest someday. But most important, wages in China are rising close to 25% a year in many industries, in dollar terms, and China is no longer such a bargain. Companies are using the "China plus one" strategy to mitigate the risks of overdependence on factories in one country.

American culture relentlessly celebrates youth. But in the corporate world, 80 is the new 50. Advances in medicine make a retirement age of 65 seem like a relic. Until recently, aging big-shot executives were generally happy to play golf, become ambassadors, or just sail away on their yachts. Today, not so much.

When a computer hardware company found $3 million dollars and their CFO missing, they called Ken Springer, the president of Corporate Resolutions, a business investigations concern. Mr. Springer, a former white-collar crime specialist at the Federal Bureau of Investigation, started Corporate Resolutions in 1991 in New York, and has expanded it to 25 employees and offices in London, Boston and Miami, with a fifth planned for Hong Kong in October. Most of his clients are private equity lenders and hedge funds that ask him to conduct management background checks at companies they are looking at, and to look into suspicions of wrongdoing at companies they hold stakes in. As layoffs increase, so does employee theft. And as loan defaults rise, so does the need for banks to track down the assets of borrowers. One out of every 20 job applicants screened last year had a criminal record.

It has been less than a week since the SmallCap MarketWatch introduced readers to our May profile, Orient Paper (OPAI). Our timing was impeccable as we seemingly caught the wave right before the ride up. At the time of our profile shares of OPAI were trading at $0.34 per share. Based on Tuesday's closing price of $0.48 per share our May profile is up a cool 41.1%. It has been a while since we've had such a quick winner.

What is the first thought or image that comes to mind when someone tells you they work for a "paper company". The answer for many of us is the fictitious Dunder Mifflin and its fearless leader Michael Scott (played by Steve Carell) on the hit tv show The Office. Between 7-10 million Americans tune into this hilarious comedy every week. Those that work in the paper business can now be proud that their profession is the subject of such wide entertainment appeal.

A 27 storey skyscraper being built in Mumbai by Mukesh Ambani, the richest person in India, could be the world's largest and costliest home with a price tag nearing two billion dollar, according to Forbes magazine. When the Ambani residence is finished in January, completing a four year process, it will be 550 feet high with 4,000,000 square feet of interior space. Mukesh Ambani was ranked as the fifth richest person in the world with a net worth of 43 billion dollars. Ambani heads India's most valuable firm Reliance Industries, an oil and petrochemicals giant.

It's been approximately three months since we first profiled Dussault Inc. (DUSS). During that time the company has been relatively quiet on all fronts but now it looks like things are heating up. On Monday DUSS announced that the Dussault Apparel line is now available in 10 new locations in Canada and the US (press release). In the US, the company's clothing line is now available at Balys in Los Angeles, CA, and at New York Moon, Grand Junction, Colorado. In Canada, the lines are now available in Vancouver, BC, at two Mens Club stores, (Metrotown and Park Royal Shopping Centres), at Club Annex, and at three Below The Belt locations (Robson Street, Richmond and Metrotown); in Nanaimo, BC, in Styles Clothing; and in Edmonton, Alberta, at Queue and Sofa.

If you wander into any of China's five floored bookstores, the first thing you'll notice right when you enter the store won't be the newest hardcovered fictions. It'll be management books written by successful American businessmen. On shelf after shelf, you could see copies of Jim Collins's "Good to Great," Jack Welch's "Straight From the Gut," Tom Peters's "Re-Imagine!" and just about everything the late Peter Drucker ever wrote. One section you won't find in Chinese bookstores is a section for management or human resources. There's a good reason for this. In the West (not to mention Japan and South Korea) management skills are a given. Graduate schools of management churn out M.B.A.'s, while instilling the basic processes and systems that virtually all multinational companies rely on. People who rise to the top of companies are the ones who have mastered the art of management. But there are also many first-rate managers who populate the middle ranks of companies. They are the lifeblood of most big companies.

High school seniors, on average, answered correctly only 48.3% of questions about personal finance and economics, according to a nationwide survey released Wednesday by the Federal Reserve. That was even lower than the 52.4% in the previous survey in 2006 and marked the worst score out of the six surveys conducted so far. College students' financial literacy also was tested this year. They answered 62% of the questions correctly. Fed Chairman Ben Bernanke stressed in a speech that young people must sharpen their financial knowledge so they are in a better position to make sound investment decisions throughout their lives.

Lawmakers from California to Kentucky are trying to save money with a drastic and potentially dangerous budget-cutting proposal: releasing tens of thousands of convicts from prison, including drug addicts, thieves and even violent criminals. Officials acknowledge that the idea carries risks, but they say they have no choice because of huge budget gaps brought on by the slumping economy. At least eight states are considering freeing inmates or sending some convicts to rehabilitation programs instead of prison. If adopted, the early release programs could save an estimated $450 million in California and Kentucky alone. A Rhode Island proposal would allow inmates to deduct up to 12 days from their sentence for every month they follow rules and work in prison. Even some violent offenders would be eligible but not those serving life sentences.