Word: biddings
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After 16 years coaching football, Ameritrade CEO JOE MOGLIA knows comebacks. Once a dotcom disaster, Ameritrade has revived on his watch. It recently snubbed a bid from E-Trade and instead bought TD Waterhouse U.S.A., part of Toronto-Dominion Bank. Moglia spoke with TIME's JYOTI THOTTAM about online trading in the post-bubble...
...collective groan that rose in the damp air expressed more than mere disappointment. Losing its third bid in 20 years to host the summer games was bad enough for Paris, but to lose to London seemed the cruellest of fates. Just two weeks ago, British Prime Minister Tony Blair refused to sign off on an EU budget that continues to commit the largest part of its revenues to agricultural subsidies that flow liberally to France. Last week, Britain commemorated - with some delicacy - the 200th anniversary of Lord Nelson's routing of Napoleon's fleet at Trafalgar. The traditional rival across...
...More than that, it was a setback for a nation in dire need of a victory - a defeat that has driven France a little deeper into one of its periodic bouts of self-doubt. "I think I can say without chauvinism that we had the best bid," said Jean-Francois Legaret, mayor of the central 1st Arrondissement of Paris. "So since we didn't win, we have to ask ourselves about the weight of everything else that contributed to our loss. Part of it, surely, is the whole idea about us being 'Old Europe,' part...
...hardly shocking that Democrats wince at the mention of Katherine Harris, the former Florida secretary of state who they believe unfairly favored President George W. Bush in the recount of the 2000 election. But since Harris announced her bid for the Senate in 2006, the people doing the most recoiling are the mightiest of Republicans: the Bush family. Instead of supporting her campaign, top Republican officials have been trying to kill it, first by begging retired General Tommy Franks to enter the race and--after he turned them down--courting someone with almost zero name recognition, Florida house speaker Allan...
...FRANCE, as the site for the world's first nuclear fusion reactor; by the six members of the International Thermonuclear Experimental Reactor (ITER) consortium; in Moscow. After 17 years of talks and delays, ITER chose France's proposal to build the reactor in Cadarache, near Marseilles, over Japan's bid for the $12.18 billion deal. Expected to be completed in 10 years, the experimental facility is an attempt to produce inexpensive, inexhaustible energy by harnessing the same nuclear reactions that power...