<div class="KonaFilter image-container float_right"><div class="image on-image">PR NEWSWIRE/AP</div></div>Phil Martens, CEO of aluminum giant Novelis, says he's a devotee of the "100-day theory" - decide your <keyword id="132743" type="UNKNOWN" weightage="60" keywordseo="goals">goals</keyword> in the first 100 days, and make your trajectory clear.
"Very quickly, you have to decide where you're going to go," Martens <a href="http://www.nytimes.com/2013/10/27/business/phil-martens-of-novelis-on-consistent-leadership.html" target="_blank">tells the New York Times</a>. "Otherwise, the organization will decide for you and will become part of whatever existed before you and whatever will exist after you."
Martens was brought into Novelis four and half years ago with instructions to turn the global company around. He says he spent the first 100 days visiting the company's plants and traveling to its international offices, looking for what was consistent between locations and what changed. He also sat down with members of the Novelis <keyword id="34454" type="ORGANIZATION" weightage="60" keywordseo="leadership">leadership</keyword> team to get their input on various aspects of the company.
The message that he tried to send from the outset, Martens says, was that under his leadership Novelis would be a unified global corporation. "I wanted to make it clear that we were going to have uniform approach," he explains. "I had shirts made up that said 'One Novelis,' and I told everybody at the end of the day: 'On the way out, there are tables out there with new shirts. If you want to come in to the meeting tomorrow, you have to have it on. If not, you can go find something else.'"
"I wanted to create the image of order," he concludes, "and that we are together."
Want your business advice featured in <keyword id="1737653" type="UNKNOWN" weightage="60" keywordseo="Instant-MBA">Instant MBA</keyword>? Submit your tips to <a href="mailto:tipoftheday@businessinsider.com">tipoftheday@businessinsider.com</a>. Be sure to include your name, your job title, and a photo of yourself in your email.

Your First 100 Days In A New Role Set The Tone

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/katzsdeli/photos/a.10150718226034837.424500.89033874836/10152091148609837/?type=3&amp;theater">Facebook/Katz's Delicatessen</a>Katz's Delicatessen on the Lower East Side.</div></div></div><ul><li>New York City is famous for its world-class cuisine.</li><li>Each year, the Michelin Guide judges release their list of Bib Gourmands, the best inexpensive restaurants in a city.</li><li>Meals here cost less than $40.</li></ul> New York City has no shortage of world-class restaurants, but many are too expensive for those who don't make six-figure salaries. Still, there are plenty of high-quality options that offer reasonably priced meals.Each year, the judges of the Michelin Guide award the title of Bib Gourmand to their favorite inexpensive restaurants. To qualify for the list, the restaurants must be able to offer two courses and a glass of wine or dessert for no more than $40, before tax.Below are this year's Bib Gourmand recipients:Achilles Heel Al BustanAlta CalidadAngkorArharn ThaiAtlaAtoboy Baker &amp; Co. Bar Primi Beyoglu BunkerButtermilk ChannelCasa del Chef BistroChavela'sCho Dang GolChomp ChompChouChouCiccioCongee VillageCotenna<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/cotennanyc/photos/a.1775644649367751.1073741830.1400762593522627/1775644656034417/?type=3&amp;theater">Facebook.com/Cotenna</a>Cotenna in Greenwich Village.</div></div></div>Dim Sum Go GoDOMODOMODon Antonio by StaritaDonostia00 + CoDumpling GalaxyEast Harbor Seafood PalaceEggEl MolcajeteEl ParadorEnoteca MariaFalansaiFrankie's 457 SpuntinoFreek's MillGanso RamenGladysGlasserieThe Good ForkGran ElectricaGregory's 26 Corner TavernaHahm Ji Bach<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/116160598408954/photos/a.1240901449268191.1073741826.116160598408954/1246579828700353/?type=3&amp;theater">Facebook/Hahm Ji Bach</a>Hahm Ji Bach in Flushing.</div></div></div>HanGawiHao Noodle and TeaHavana CafeHecho en DumboHide-Chan RamenHigh Street on HudsonHinoMaru RamenHometown Bar-B-QueHunan BistroHunan HouseHunan KitchenIl PoetaJ.G. MelonJin RamenJohn Brown SmokehouseJ. Restaurant Chez AstaKatz'sKiin ThaiKiki'sKings County Imperial<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/860369664016453/photos/a.867945506592202.1073741828.860369664016453/1415993791787368/?type=3&amp;theater">Facebook/Kings Co Imperial</a>Kings County Imperial in Williamsburg.</div></div></div>Kung Fu Little Steamed Buns RamenLa MoradaLand of PlentyLarb UbolLaudLeaLlama InnLupaLuzzo'sMaLa ProjectMapo TofuMexicosinaMile EndMiss AdaMiss Mamie's Spoonbread TooMomofuku Noodle BarMomofuku Ssam BarMu RamenNew MalaysiaNorma Gastronomia Siciliana<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/NORMASICILIAN/photos/a.1460012717545878.1073741830.1458400444373772/1909379069275905/?type=3&amp;theater">Facebook/NORMA Gastronomia Siciliana</a>Norma Gastronomia Siciliana in Midtown.</div></div></div>NyonyaOlmstedOsoPaet RioPatronPaulie Gee'sPippaliPok Pok NyPrime MeatsPrunePurple YamRibaltaRiderRoberta'sRubirosaRunner &amp; StoneRuss &amp; Daughters CafeRyeSan MatteoSan RasaShalom Japan<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.facebook.com/256543497823257/photos/a.265084743635799.1073741828.256543497823257/1183345471809717/?type=3&amp;theater">Facebook/Shalom Japan</a>Shalom Japan in Williamsburg.</div></div></div>Sip SakSoba-YaSomtum DerSottocasaSpeedy RomeoSpotted PigStreetbird RotisserieSupperSweet Yummy HouseSzechuan GourmetTanoreenTertuliaTforTong Sam Gyup Goo Yi21 GreenpointUncle ZhouUvaVidaVinegar Hill HouseXixZero Otto NoveZoma <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/gary-shilling-explains-only-way-beat-stock-market-economy-finance-2017-10">Legendary economist Gary Shilling explains how you can beat the market</a></h3> <div> </div> </div>

These are the best New York City restaurants where you can eat for under $40

<div class="KonaFilter image-container display-table float_right"><div><div class="image">Hootsuite</div></div></div>Hootsuite made a big move last week, hiring Sujeet Kini as its next <keyword id="53346" type="POSITION" weightage="100" keywordseo="CFO">CFO</keyword>. <a href="http://www.businessinsider.com/hootsuite-hires-sujeet-kini-as-cfo-2015-10">The company's new finance chief</a> moves over from Open Text, Canada's largest publicly traded software company. In his previous role, Kini served as the company's chief accounting officer. In other Hootsuite news, former Open Text CFO Paul Mcfeeters agreed to join the social media management platform's board of directors. Hootsuite allows users to connect to popular social networks through a single dashboard. <h3>Other finance moves</h3>Novelis named Steve Pohl interim CFO. The assignment follows the company's decision to name Steve Fisher as CEO in August. Pohl has worked at the aluminum manufacturer and recycler since 2009 and was named vice president of financial planning and analysis in 2012.PG&amp;E announced that CFO Kent Harvey will retire in 2016. Harvey has worked with the company since 1982 and was named head of finance in 2009. Springleaf Holdings named Scott Parker as its new vice president. He will take over that role and the top finance spot on November 15 when the company files its Form 10-Q. He is replacing Minchung Kgil, who will remain CFO of Springleaf's subsidiaries. David Morton Jr. was promoted to the CFO role at Seagate Technology. He is taking over the role from Patrick O'Malley. Morton has worked with Seagate since 1995 and previously served as treasurer and principal accounting officer.Last week, we reported that Brad Dickerson will be leaving <a href="http://www.businessinsider.com/under-armour-cfo-blue-apron-finance-moves-2015-10" title="Under Armour CFO to Blue Apron">Under Armour to take over as the CFO at food and recipe delivery startup Blue Apron</a>. The company has now announced that Dickerson will leave his post at the athletic apparel company in February 2016. Intelsat SA, a satellite company based in Luxembourg, has announced the resignation of CFO Michael McDonnell. He will leave the company in December and take over as CFO at Quintiles, a biopharmaceutical company based in North Carolina. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/tourists-captured-by-gunmen-at-a-philippine-resort-2015-9">Footage shows tourists captured by gunmen at a Philippine resort</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="1pdWludzr-Z739unKqQFZY7SiOx7B73s" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Hootsuite hires a CFO and other finance moves

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="https://www.yelp.com/biz_photos/glasserie-brooklyn-2?select=z8GyFb0wcYExQsyBoI8tUw">Yelp / Peter N</a>A spread at Mediterranean restaurant Glasserie in Brooklyn.</div></div></div>The <keyword id="79969" type="ORGANIZATION" weightage="100" keywordseo="insider">INSIDER</keyword> Summary: • Michelin just released their bib gourmand list for New York City. • The list features restaurants that serve good quality food but at affordable prices. • Most of the restaurants on the list are in Brooklyn. Not everyone can afford to eat at Michelin-starred restaurants.That's what <a href="http://michelinmedia.com/c0/nyc-bib-gourmands-2017/">Michelin's bib gourmand list</a> is for.Michelin's version of "cheap eats," the bib gourmand awards feature restaurants at which you can get two courses plus a dessert or a glass of wine for under $40 (tax and tip not included).One hundred and thirty three restaurants made it onto this year's New York City list, with 28 new additions since last year.Although all five NYC boroughs are represented, the bulk of the restaurants on the list are in Brooklyn.Here are this year's winners:Achilles Heel al Bustan Angkor Arharn Thai Atoboy Baker &amp; Co. Bar Primi Basil Brick Oven Pizza Beyoglu Biáng! bún-ker Buttermilk Channel Casa del Chef Bistro Chavela's Cho Dang Gol Chomp Chomp Ciccio Congee Village Coppelia Cotenna Dim Sum Go Go DOMODOMO Don Antonio by Starita Donostia East Harbor Seafood Palace Egg El Atoradero El Parador Enoteca Maria Falansai Frankies 457 Spuntino Freek's Mill Ganso Ramen Gastronomia Culinaria Gladys Glasserie The Good Fork Gran Eléctrica Gregory's 26 Corner Taverna Hahm Ji Bach HanGawi Havana Café Hecho en Dumbo Hide-Chan Ramen High Street on Hudson Hill Country Chicken Hometown Bar-B-Que Hunan Bistro Hunan House Hunan Kitchen Il Buco Alimentari e Vineria Il Poeta J.G. Melon Jin Ramen John Brown Smokehouse J. Restaurant Chez Asta Katz's Khe-Yo Kiin Thai Kiki's Kings County Imperial Kung Fu Little Steamed Buns Ramen La Morada Land of Plenty Larb Ubol Laut Lea Lil' Frankie's Little Pepper Llama Inn Lulu &amp; Po Lupa MáLÀ Project Manila Social Club Mapo Tofu Mexicosina Mile End Miss Mamie's Spoonbread Too Momofuku Noodle Bar Momofuku Ssäm Bar Momokawa Mu Ramen New Malaysia Nyonya Olmsted Oso Paet Rio Paulie Gee's Pearl &amp; Ash Phoenix Garden Pippali Porsena Prime Meats Prune Purple Yam Ribalta Rider Roberta's Rubirosa Runner &amp; Stone Russ &amp; Daughters Café Rye Salt &amp; Fat (Closed) San Matteo San Rasa Shalom Japan Shanghai Café Sip Sak Soba-Ya Somtum Der Sottocasa Speedy Romeo The Spotted Pig Streetbird Rotisserie Supper Sweet Yummy House Szechuan Gourmet Tanoreen Tertulia Thelma on Clinton Tong Sam Gyup Goo Yi Tra Di Noi Turkish Kitchen Uncle Zhou Uva Vida Vinegar Hill House Xixa zero otto nove 00+Co Zoma <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/holographic-lip-glosses-are-eye-catching-2016-11">These holographic lip glosses are eye catching</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="9uNDduNzE6dovDXMTDQSqUKYuVzwIxzu" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

Michelin just released a list of restaurants in NYC you can actually afford - here's where to eat

<div class="KonaFilter image-container display-table"><div><div class="image on-image"></div></div></div><ul><li>Students from the Florida high school where a gunman killed 17 people hit back at a popular conservative personality who&#xa0;tweeted politically-charged messages on Twitter.</li><li>Some students drew upon their experience and called for some sort of change in gun legislation.</li></ul> Students from the Parkland, Florida high school where a gunman <a href="http://www.businessinsider.com/timeline-shows-how-the-parkland-florida-school-shooting-unfolded-2018-2" target="_blank" rel="noopener">killed 17 people</a> on Wednesday lashed out against a conservative personality who began posting politicized messages on Twitter.On Wednesday, Tomi Lahren, a popular conservative personality and frequent Fox <keyword id="6355005" type="COMPANY" weightage="60" keywordseo="News">News</keyword> contributor, appeared to suggest that shootings similar to the one in Parkland were not "about a gun," and instead, were attributed to "another lunatic." She then went on to accuse liberals of pushing an "anti-gun and anti-gunowner agenda."In a separate tweet on Thursday, Lahren conveyed a popular conservative talking point:Shortly afterwards, people who appeared to be students from the high school began to reply to Lahren's politically-charged tweets:"A gun has killed 17 of my fellow classmates," one person replied on Twitter. "A gun has traumatized my friends. My entire school, traumatized from this tragedy. This could have been prevented."Another person accused Lahren of being the one who was offended by differing opinions:"I lost friends yesterday at my school and your here tying to prove some of my classmates wrong since the spoke out against you," one person said on Twitter. "Your the offended one here, it's better to stay quiet than to come speak out like this bulls--t.Carly Novell, a 17-year-old senior who hid inside a closet during the shooting, drew upon her experience to prove her point:"I was hiding in a closet for 2 hours. It was about guns," Novell said in a tweet to Lahren. "You weren't there, you don't know how it felt. Guns give these disgusting people the ability to kill other human beings. This IS about guns and this is about all the people who had their life abruptly ended because of guns."Novell later appeared on CNN to talk about her reply to Lahren and her experience in the aftermath of the shooting."I just needed to say something," Novell said to CNN anchor Don Lemon on Thursday. "I think it's different when you hear it from someone who was there."During the shooting, Novell, who was hiding in a closet, said she discussed the subject of gun control with her peers."While we were in there, we were all still talking about gun control and how something needs to change," she said. "We were in a closet and we were still thinking about this. It matters all the time. There's no waiting period."Novell expressed frustration at the lack of change in measures to prevent mass shootings."I just want people to stop talking about it, and then not doing anything," Novell continued. "People keep saying 'Your thoughts and prayers' and all these things, but it doesn't make a difference if nothing ever changes. This happens over and over again, and people are dying.""You can talk about what needs to change and you can also be mourning the victims," Novell said. "It doesn't have to be one or the other. And it shouldn't be one or the other.""I don't really know how to feel. This isn't something that's normal. This shouldn't be normal."<div></div><div></div><div></div><div></div><div></div> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/black-lives-matter-cofounder-on-how-to-really-make-america-great-patrisse-cullors-trayvon-martin-2018-2">How to make America great - according to one of the three cofounders of Black Lives Matter</a></h3> <div> </div> </div></hr>

'You weren't there, you don't know how it felt': Students from the Parkland high school shooting rebuke a Fox News contributor's politicized tweets

<div class="image-container float_right" style="width:480px"><div class="image"><a href="http://www.flickr.com/photos/tpapi/2765541278/">www.flickr.com</a></div></div>As if on cue, around the country individuals and companies have started filing lawsuits against <keyword id="63460" type="CITY" weightage="60" keywordseo="JP-Morgan">JP Morgan</keyword> and <keyword id="6361649" type="CITY" weightage="60" keywordseo="Goldman-Sachs">Goldman Sachs</keyword> for allegedly delaying deliveries of <keyword id="126663" type="COMPANY" weightage="60" keywordseo="aluminum">aluminum</keyword> stored in their metals warehouses, thus manipulating the price of the commodity.
Lawsuits have been filed in Michigan, Florida and Louisiana. On top of that, <a href="http://www.businessweek.com/printer/articles/569602?type=bloomberg">The Commodities Futures Trading Commission has subpoenaed JPM, Goldman</a>, and <keyword id="35149" type="PERSON" weightage="60" keywordseo="commodities">commodities</keyword> trading firm <keyword id="193092" type="CITY" weightage="60" keywordseo="Glencore">Glencore</keyword> for documents related to their warehouse businesses, Bloomberg reports.
The thing is — usually, when an issue is this obscure and hard to understand, it's easily swept under the rug.
And so it could have been with a story that appeared in the <a href="http://www.nytimes.com/2013/07/21/business/a-shuffle-of-aluminum-but-to-banks-pure-gold.html?pagewanted=1&amp;=_r=6&amp;_r=1&amp;">New York Times last month</a>, accusing Goldman Sachs of using its Detroit metals warehouses to hoard aluminum, driving up the price of the commodity for customers and consumers alike. To understand why you have to understand supply, demand, <a href="http://www.businessinsider.com/how-contango-makes-money-for-Goldman-2013-7">yield curves and a weird trading term — "contago."</a>
But there are powerful people unwilling to let this issue go, including Ohio Democratic Senator Sherrod Brown, and beer maker MillerCoors. The company's global risk manager Tim Weiner, says that these activities have inflated aluminum costs by $3 billion over the last year.
This isn't to say that <keyword id="42111" type="COMPANY" weightage="60" keywordseo="Wall-Street">Wall Street</keyword> would take this lying down (have you met them?). In an attempt to preserve this lucrative business from further criticism, Goldman <a href="http://www.businessinsider.com/Goldman-sachs-aluminum-fact-sheet-2013-7">countered the New York Times with its own defense last month</a>, saying that aluminum demand is weak, and that its Detroit-based warehouses control such a small portion of the market that it couldn't possibly be impacting price. The bank later promised to speed up deliveries of aluminum to customers.
But that didn't stop the onslaught. It wasn't long after Goldman's defense that JP Morgan's Henry Bath warehousing businesses (picked up from RBS during the financial crisis fire sale) was under scrutiny as well.
So — the question remains: What's in these lawsuits?
We took a look at a complaint filed against Goldman and its warehouses, Metro International Trade Services, in Michigan. It's a class action suit filed by aluminum product manufacturer <a href="http://www.superiorextrusion.com/">Superior Extrusion</a>. The defendants also include the London Metals Exchange and "John Does 1-10".
And here's what you need to know.
According to the complaint, From 2010 to now Goldman has had a monopoly over London Metals Exchange warehouses in the Detroit area, controlling over 80% of the storage space. That constitutes "75% of the LME aluminum in storage in the United States. It is estimated to constitute more than 50% of the total aluminum in warehouse storage in the United States," the complaint continues.
Superior Extrusion accuses Goldman of "extreme monopoly pricing power and abusive agreements in very unreasonable restraint of trade." Those agreements are described as “get paid more to do less” inefficiency agreements.
The LME, say the plaintiffs, have been more than complicit in this. Superior Extrusion alleges that the LME and Goldman have secondary agreements in which Goldman overbids other market participants to get aluminum to its warehouses.
That, argue the plaintiffs, in turn makes costs go up significantly as Goldman is "offering incentives of up to $250 or more per ton to firms to store aluminum in LME Detroit Warehousing for long periods...."
The plaintiffs go on to say that the LME's actions have an impact on American jobs and American workers (from the complaint):
Far from dissociating itself from Goldman’s anticompetitive purchases and diversions agreements, the LME, per Chris Evans, peremptorily announced in New York during January 2013, that purchasers of aluminum should simply stop paying the high prices. In effect, the LME encouraged users to starve themselves of aluminum and lay off their workers. This classic monopolistic and anticompetitive encouragement, was unlawful because Ford, Novelis, Coca Cola and other users of aluminum do not have to further restrain trade and lay off their workers so that Defendants’ unlawful agreements and abuses of their monopoly powers alleged herein, may continue.
In short: The whole thing is a massive anti-trust conspiracy.
The complaints in all these cases around the country will vary, but likely not by too much. These are all companies suing over the same grievances, hoping that one of them will stick on Wall Street.
The banks, on the other side, will be playing whack-a-mole.

You Searched For "novelis" and got 6 results

Your First 100 Days In A New Role Set The Tone

Alison Griswold

These are the best New York City restaurants where you can eat for under $40

Mark Matousek

Hootsuite hires a CFO and other finance moves

James Kosur

Michelin just released a list of restaurants in NYC you can actually afford - here's where to eat

Sarah Schmalbruch

'You weren't there, you don't know how it felt': Students from the Parkland high school shooting rebuke a Fox News contributor's politicized tweets

David Choi

JPMorgan And Goldman Sachs Are Playing Whack-A-Mole With Everyone Suing Them Over Their Metal Warehousing Businesses

Linette Lopez