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Video: Dick Cheney receives heart transplant

After suffering a total of five heart attacks in his lifetime, Dick Cheney received a heart transplant at the age of 71. Jeff Glor spoke with CBS News medical correspondent Dr. Jon LaPook on what the surgery could mean for the former vice president's health

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4 Steps for Calculating Customer Value

Understanding customer value is by far the most important factor when looking for ways to grow your business. We’re finance guys at heart , but we’ve learned that metrics such as operating profits, EBITDA, and revenue growth can only approximate the real performance driver of your business: customer value

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New record for measurement of atomic lifetime

Researchers at the Niels Bohr Institute have measured the lifetime of an extremely stable energy level of magnesium atoms with great precision. Magnesium atoms are used in research with ultra-precise atomic clocks. The new measurements show a lifetime of 2050 seconds, which corresponds to approximately

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Business Plans by the Numbers

When writing a business plan, here's how to run the numbers that matter without getting hung-up on those that don't. Entrepreneurs are a courageous bunch—except when it comes to math. I've seen many notoriously tough senior executives shudder at the prospect of running financial projections for their business plans.

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