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...unclear whether Satyam's new owner, Tech Mahindra, will benefit as assets are identified and recovered. Tech Mahindra bought a 47.2% stake in the tainted company for $600 million in a government auction in April. If the fraud money reappears as assets in the name of the company, its good news for Tech Mahindra, which paid a huge sum for Satyam and its liabilities, says Suresh Talwar, partner at Mumbai-based law firm Talwar Thakore & Associates, Satyam's corporate counsel until 2006. It could be a bonanza for shareholders, too, in the form of dividends or bonus shares, he says...

Author: /time Magazine | Title: Satyam Computer Fraud Grows to $2.5 Billion | 11/27/2009 | See Source »

...stuff starts to drive your life." As Juliet Schor, an economist at Boston College who helps run the group, points out in her book The Overworked American, when workers became more productive over the second half of the 20th century, we as a society chose to take the benefit as more stuff. We could have also decided to, say, work a little less...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

...Pets don't have the benefit of a television show or movie providing free promotion for the brand. Nor do they have access to the cash that one of the big toy companies, like Mattel or Hasbro, can provide. The Zhu Zhu Pets are a small-business success story. The toys are made by Cepia, a seven-year-old St. Louis, Mo., company with only 16 employees. "It's fascinating, as you talk to executives from other toy companies," says Storch. "They are thumping themselves on the side of the head, wondering, 'How did I miss this...

Author: /time Magazine | Title: Zhu Zhu Mania: Hamster Toys Are Ruling Christmas | 11/25/2009 | See Source »

...State of California faces, but some options are more desirable than others. If the Board of Regents must hike tuition, the main part of this financial burden should be placed on out-of-state students, whose parents are not taxpaying California citizens and who still have the benefit of access to cheap public education in their own states. It may seem unfair for out-of-state students to be penalized for the mistakes of California, but the UC system should primarily serve residents of California, many of whom do not have access to out-of-state educational opportunities and whose...

Author: By The Crimson Staff | Title: The Californian Compromise | 11/25/2009 | See Source »

Like Boston University, Northeastern officials cited financial reasons for pulling the plug on the program and stressed that the cut will financially benefit some of its stronger programs...

Author: By Crimson Sports Staff | Title: Northeastern Scraps Football Program | 11/24/2009 | See Source »

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