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...optimism built into a 20% stock market rise that takes less than half a month. But, news that GM (GM) or Chrysler might go bankrupt and that large American banks may need more government money pushed stocks down again. In a very short period of time, investors have begun to doubt whether there is a good chance that the recession will lose steam before the end of this year. The month which began with optimism is not closing out that way. (See pictures of the Top 10 scared traders...
...perform a task that had nothing to do with the actual study. Those students were brought back in five minutes later and instructed to rejoin a group; some were placed on their original team, others on the rival team. In both cases, the rest of the group had already begun working and the returnee had to be brought up to speed quickly. When the work was done, the subjects filled out questionnaires about how they felt the sessions had gone. The results were striking. (See pictures of Steve Jobs...
...growing focus on social enterprise at the Business School. In 2001, the HBS Business Plan Contest added a social enterprise track, and attendance at the school’s Social Enterprise Conference has grown consistently. And with the economic downturn limiting traditional job opportunities, more students have begun to explore social causes. Faculty Co-Chair of the HBS Social Enterprise Initiative Herman “Dutch” B. Leonard ’74, who served on the selection committee for the fellowship, said that the committee was impressed by the volume of worthwhile projects submitted for consideration...
However, though enforcement on the state and federal level may now be virtually the same in the affected states, a large legal gray area remains. "They've only begun to scratch the surface on this," says Dale Gieringer, California coordinator for NORML, a group lobbying to legalize marijuana. "They're going to have to change the whole treatment of marijuana under federal law because you can't just have a law lying around and say, 'Well, we're just not going to enforce it in this case,' and leave it like that. If they don't change the law, there...
...realized that Le Pen, 80, was now the eldest member in the parliament. That distinction brings with it the ceremonial presidency during the opening session of every new European Parliament. Determined to stop Le Pen taking the role during parliament's next inaugural session in July, his opponents have begun an energetic drive to alter the rule. (Read a TIME story...