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Executive Edge for business leaders

Monday, 19 Aug 2013 | 6:21 AM ET

Emerging market taper terror is "quite overdone," says Templeton's Mark Mobius; there's a campaign in Seattle to push the minimum wage to $15 an hour, and a rare Ferrari sold at auction for a record-setting $27.5 million, reports CNBC's Michelle Caruso-Cabrera.