Word: alongism
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...payment, particularly on Wall Street. Gone are year-end payouts and AIG-style guaranteed retention awards. Instead, he devised a method of compensating executives: something he calls salary stock. Each pay period, the executives at Bank of America, GM and the other firms will get awards of stock along with their regular paychecks. The checks can be cashed immediately, but the executives may not sell the stock for up to four years. Also, bonuses are paid in restricted stock, which must be held for at least three years and may be sold only after the firm has repaid what...
...ominous discovery - the result of Boero's request that all Italians report their jellyfish sightings - came during a series of unusually prolific jellyfish seasons ? over the past five years. This summer, jellyfish outbreaks forced numerous resorts along the Mediterranean coast to shut their beaches. In Corsica and Tuscany, several swimmers were wounded by Portuguese man-of-wars, jellyfish-like creatures with a potentially fatal sting. In Tunisia, a swarm of jellyfish engulfed a fish farm, killing the year's production of sea bass and sea bream...
...shadow of this "Af-Pak" frontier, another conflict has grown new life in recent years and, according to experts, poses a possibly greater existential threat to the Pakistani state. The province of Baluchistan, situated along Pakistan's west and northwest borders with Iran and Afghanistan, comprises more than 40% of Pakistan's landmass but less than 5% of its people. Its unforgiving deserts nearly annihilated the armies of Alexander the Great as they marched home. The native Baluch, descendants of nomadic tribes who roamed these arid wastes, number around five million and have for years complained of marginalization and mistreatment...
What to make of it all? With e-books poised to take off, the case raises thorny questions. Will the deal benefit the public along with authors and publishers, while providing only minimal profit to Google? Or will it chart the course for future digital publishing and nudge Google ahead of rivals in the infancy of an emerging and potentially lucrative business? It is suspense worthy of a legal thriller - and Scott Turow is among the settlement's supporters...
...Friday, the army said it had mounted the ridges around Sara Rogha, one of the three towns - along with Makeen and Laddha - that form a "triangle of militancy." After three earlier offensives that faltered, the army said it is demonstrating hardened resolve that will not let up. The last operation was halted, said Abbas, because of "two vulnerabilities": the failure to secure the army's fort at Laddha and to evacuate the civilian population in the area. In the South Waziristan areas under army control on Thursday, no civilians were in sight in the rugged, sparsely populated valley. More than...