Page 41 - Michael Wu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Boston brewery is going back in business with an old friend. >> reporter: previously on "the boss," recognition and reward. hindi, engaging the star. >> you've got to get other people excited about what you're doing. >> reporter: and in china, michael wu learns the trick of raising prices. >> we're going do this very gradually so it won't be as noticeable that we're raising prices. >> reporter: nine months ago michael wu was a man with a mission. >> this year is a make know kiss to enter china. we see huge potential all over china. >> reporter: today he's older and wiser. he's found that china...

Cost and a big concern. >> reporter: the going may be tough, but michael is battling on with his plans to open at least 40 stores this year. driving the expansion, profit. as the chairman, michael's all too aware that china's spending power makes its all worthwhile. >> the actual selling price is actually more expensive than hong kong. a few years ago, we were about 25% lower than hong kong. >> one country, two systems. the political formulating of hong kong in the mainland is reflected in the business's climate between the two entities as the boz has discovered. >> the future is very good and...

Wanted the business to go. we were almost always in sync on that. >> we were very determined. we were going to make it work, even when it was important. >> that was about half the time. >> it was, yeah. >> reporter: in 2004 they sold their distribution business and tom left brooklyn brewery. since then steve has built on their success and his own experience. >> for me, the biggest hurdle was going from being an entrepreneur where you're doing everything yourself, and if it's got to be done, you go do it, and becoming a manager where you sit in your office talking to people and trying to get th...

storm. our meteorologist jen delgado joins us from the cnn weather center. jen, how is it looking now? >> we still have watches and warnings across parts of the midwest. of course, we talked about the stormed that happened earlier in the week but according to the national weather service it looks like based on doppler imagery we look like a possible tornado touched down in arkansas. anywhere we're seeing in red we still have a tornado watch in effect. that's for parts of arkansas and missouri. if i take you over to this, we have a report that one person died. it's a rural town, but b...

storm. our meteorologist jen delgado joins us from the cnn weather center. jen, how is it looking now? >> we still have watches and warnings across parts of the midwest. of course, we talked about the stormed that happened earlier in the week but according to the national weather service it looks like based on doppler imagery we look like a possible tornado touched down in arkansas. anywhere we're seeing in red we still have a tornado watch in effect. that's for parts of arkansas and missouri. if i take you over to this, we have a report that one person died. it's a rural town, but b...