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Oct 23, 2016  

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That's bad news for Donald Trump. Kossovsky describes reputation in the business context as the value reflected in the behavior of stakeholders. If you are a superb businessman with a sterling reputation, you'll see the value of reputation in higher prices you can demand, higher volume of sales, less turnover by employees, better terms from vendors and easier credit terms. People want to be in business with you. If, however, your reputation is that of a blowhard and sleazy guy, you're not going to be able to charge as much for hotel rooms (or fill them up), keep good employees and get favorable terms from vendors and creditors. You may even get harsher treatment from regulators and juries/judges who view you with suspicion. One way to tell if Trump has damaged his business reputation and therefore his own pocketbook will be, Kossovsky explains, if the price of licensing his name goes down in the future or worse, if licensees want to end their agreement. All of this is especially critical for Trump, whose name is the driver of his business value. In that respect he's like celebrity endorsers.

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People shop at the old market in the historic city of Sanaa, Yemen, October 21, 2016. REUTERS/Mohamed al-Sayaghi seeks to extend 72-hour ceasefire World News | Sat Oct 22, 2016 | 9:58am EDT Fighting rages in Yemen as U.N. seeks to extend 72-hour ceasefire People shop at the old market in the historic city of Sanaa, Yemen, October 21, 2016. REUTERS/Mohamed al-Sayaghi By Mohammed Ghobari and Katie Paul | SANAA/NAJRAN, Saudi Arabia SANAA/NAJRAN, Saudi Arabia Saudi-backed government forces and Iran-allied Houthis in Yemen accused each other of violating a ceasefire on Saturday as the United Nations tried to extend the three-day truce. The ceasefire, due to end at midnight local time on Saturday, is aimed at paving the way for talks to end a 19-month war in the Arab world's poorest country and allowing badly needed aid to be delivered. Ground fighting has raged largely unabated despite the truce, but air attacks on the capital, Sanaa, have stopped and there were fewer Houthi missile strikes on Saudi Arabia, residents and local officials said. A Saudi-led coalition backing the exiled government accused the Houthis of violating the ceasefire almost 1,000 times in the last 24 hours by launching mortar and armed attacks along Yemen's border with the kingdom and in several Yemeni provinces. General Ahmed al-Asseri, commander of the Saudi 4th Brigade on the border in Najran, told Reuters his forces were repelling a sustained Houthi ground attack. "The violation of the truce was not from our side. It was from the other side. We are continuing to thwart them," Asseri said. "In the last 48 hours there was an enormous push by the enemy against our territory." Houthi-run channel al-Masira said its forces had attacked Saudi positions in Najran on Friday and launched rockets into the neighboring Saudi province of Jizan.

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