The Management Tip of the Day offers quick, practical management tips and ideas from Harvard Business Review and HBR.org (http://www.hbr.org). Any opinions expressed are not endorsed by Reuters.

The Management Tip of the Day offers quick practical management tips and ideas from Harvard Business Review and HBR.org (http://www.hbr.org).

Waste Management Inc., the nation's largest trash hauler, said Thursday its second-quarter earnings were virtually flat as higher costs offset better revenue.

SAN ANTONIO, TX--(Marketwire - July 30, 2010) - Energy Management International Inc. ( PINKSHEETS : ENMI ) The CEO and Board Chairman, William A. Petty, and company President and Director, Howard Dunn, are working closely with Houston based Newturn Oil's staff to complete technical and financial evaluations on a unique oil and gas production project located in the "Banana Belt" region of Bolivia ...

Three-time Grammy Award-winner MC Hammer has launched Alchemist Management , a management, promotion, marketing and brand-building firm for MMA fighters. Â Hammer serves as the new company's CEO and has named Lex McMahon as President and Nima Safapour as Vice President of Business Affairs and General Counsel. Â Alchemist Management is based in Los Angeles.

Sports management giant IMG is acquiring ISP Sports, which will give it more than 50 Division I college clients. IMG announced the agreement Wednesday. It already had marketing deals with several schools, including Texas and Florida. ISP's clients include Alabama, Duke, Georgia, Notre Dame, UCLA and Virginia Tech.

Waste Management Inc. (WM) Thursday said its second-quarter profit slipped marginally from the previous year, owing to a litigation settlement and higher tax provision, despite a rise in revenues. Adjusted earnings met Wall Street view. Further, the company maintained its full-year earnings forecast.

SENIOR management jobs at Waverley Borough Council are being axed as the authority bids to cut spending levels.