Word: bigs
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Dates: during 2000-2009
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...Feinberg's big changes are in the form of 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...
...firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want to have local suppliers working in those big wind bases," he says. "Then the Chinese government says the foreign companies are so much more expensive than the local companies. If the turbine price is the only selection criteria, then fine. If you take into account risks and performance and tariffs and everything, I can tell you in most...
Climate change, too, is likely playing a role. As ocean temperatures rise, jellyfish are reproducing faster, and tropical species are beginning to extend their range. "It could be a big economic problem for countries like Australia," says Anthony Richardson, a marine biologist at the University of Queensland in Australia. If the deadly box jellyfish that plague the country's northern beaches migrate south to the Gold Coast, it could have huge implications for the region's multibillion-dollar tourism industry. (See TIME's special report on the environment...
...Australia in 1991, when the country was mired in recession, the firm now does business in nine countries - including New Zealand, Sri Lanka, Thailand and the United Arab Emirates - and boasts clients as diverse as advertising firms, electricians, hotels, paper suppliers, restaurants, translators and even zoos. (See 10 big recession surprises...
...steel to make cars can bend steel to make wind turbines. The same people who program machines to build car parts can program machines to build parts for solar panels. Wind turbines have brake systems, drive trains--the same kinds of things you have in a car, only really big. So there's no doubt that we can translate the expertise...