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...Japanese companies. Some later relocate to Japan. Mandatory lessons include collaborative teamwork (Chinese engineers often prefer the competitive thrill of individual research); practical engineering skills (universities in China tend to emphasize theoretical learning over actual application); and the all-important art of the apology (Japanese engineers are quick to admit fault while Chinese staff can be less contrite). Over the past 21/2 years, Meitec has brought 156 Chinese to Japan; only one has returned home. "Our engineers are not cheap Chinese labor," says Kanji Fukuda, head of Meitec's Global Business Group, who notes that Chinese receive the same salaries...

Author: /time Magazine | Title: Chasing the Japanese Dream | 12/6/2007 | See Source »

Since the universal domination of Facebook founder Mark E. Zuckerberg, originally of the class of 2006, Harvard has seen a surge in undergraduate entrepreneurs. While Harvard entrepreneurs admit that having “CEO” or “founder” written on your resume can’t hurt when applying to business school or Morgan Stanley, most of these go-getters insist that only sincere passion pushed them into the cold world of business at such a tender...

Author: By Julia M. Spiro, CONTRIBUTING WRITER | Title: Harvard Students Stay Off the Beaten Path | 12/5/2007 | See Source »

...they did. The percentage of students who qualified has increased to successively every year, according to Melanie Brennand Mueller ’01, a financial aid officer. Next year, Harvard will admit its fourth class under the HFAI recruiting program...

Author: By Gracye Y. Cheng, CRIMSON STAFF WRITER | Title: HFAI Revisited | 12/5/2007 | See Source »

...Officials admit that the report may have removed a sense of urgency from the current effort to compel Iran to cooperate fully with the international community, but the easing of tensions over the program and the diminishing likelihood of a U.S. military strike on Iran - an option that Europeans have strongly opposed from the beginning - more than compensated for the loss. Some argued that the easing tensions could also boost the chances of consensus in the future. Russia, for example, which chafed at U.S. calls for tougher action against Iran allegedly out of concern that it could trigger another...

Author: /time Magazine | Title: Europe Relieved by Iran Finding | 12/5/2007 | See Source »

...With one of Sarkozy's earliest reforms having granted over $22 billion in income tax cuts (thereby deepening France's $62 billion in France's 2008 budget deficit), he was forced to admit state "coffers are empty," and can't finance aid to consumers. Sarkozy proposed that unions and companies negotiate an effective junking of the current workweek in exchange for rises in long-frozen salaries, and for employees to be able to trade accumulated days off for cash. He also recommended permitting Sunday trading at double pay for workers, and measures to ease rent inflation - a combination of initiatives...

Author: /time Magazine | Title: Sarkozy Wants to Change Work Rules | 11/30/2007 | See Source »

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